Daily FNArena News

If crude oil is showing the short term direction of global risk appetite, more weakness should be expected for equities.

A glance through the latest expert views and predictions about commodities, with positive fundamentals identified for copper but some caution on oil and iron ore prices given recent market moves.

It would seem the market has been setting itself up for disappointment prior to Tuesday’s FOMC meeting, experts suggest.

Gold has performed well in recent sessions but technical analysts at Barclays Capital now see scope for a near-term top.

NAB economists were surprised to see business confidence fall in July given the MRRT resolution and are concerned by a fall in new orders.

Overall market activity is heating up for spot uranium, or so it seems. This has an impact on pricing too.

A glance through the latest expert views and predictions about commodities with Deutsche Bank on new commodity indices, Citi positive on metal prices and Credit Suisse looking at transaction multiples in Oz coal stocks.

Deutsche suggests the reporting season offers upside for Industrial stocks while DJ Carmichael argues construction has a quiet year ahead. Merrill Lynch chimes in.

Sleep disorder group ResMed delivered a solid result according to brokers, with most remaining positive on the expectation earnings momentum will continue in coming quarters.

BTIG strategist O’Rourke has done further research into Deatch Crosses and discovered some encouraging historical data.