Daily FNArena News

After gaining for much of June uranium prices pulled back last week given weaker buyer interest at the higher price levels.

According to GaveKal Research, the risk for oil prices in coming months is to the downside as technical indicators are weakening.

For the bull market to kick on next quarter, US stock market volumes will need to pick up dramatically.

The Chinese steel market has shown signs of strength in recent weeks but Standard Chartered sees scope for oversupply to put some short-term pressure on prices.

Weekly musings from your editor. Some valuable insights for short term traders, with the help of Dennis Gartman.

Fortescue shares surged briefly above $4 or about 300% above some broker price targets for the stock.

The turn of the financial year in Australia promises to be a busy time for global economic data releases.

Any US recovery remains a long process, so the Fed will be in no hurry to lift interest rates, Morgan Stanley says.

Westpac has revised its forecasts for the Australian economy and now expects interest rates will bottom at 2.5%, up from 2.0% previously.

While the market has recently been considering the potential of interest rate hikes in the US, Westpac argues such a move remains some way off given the state of the economy.