Coal markets remain difficult. Hence, Whitehaven Coal is being cautious about capital allocation, and expansion projects are unlikely to get going until well into 2021.
Soft activity and higher-for-longer levels of discounting are expected to beset Altium in the first quarter of FY21 but the longer-term growth trajectory remains sound.
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Citi asserts the automotive aftermarket stocks are worth considering in the current climate and other brokers agree the sector enjoys tailwinds in the current economic environment.
Peter Switzer of the Switzer Report looks at some virus victims which offer significant upside for the patient.
A glance through the latest expert views and predictions about commodities. China’s steel output expected to increase in 2021; Impact on scrap markets if China decides to re-import high-quality ferrous scrap; Global fertiliser prices are at 10-year lows
As low interest rates have underpinned borrowing, corporate debt issuance has surged and, Janus Henderson Investors highlights, these instruments can provide more certain returns compared with shares
Praemium is poised to obtain considerable scale with the acquisition of Powerwrap, positioning it as a major competitor in the wealth platform space.
A glance through the latest expert views and predictions about commodities. Strong production rebound expected for diversified miners; E&P companies with strong fundamentals to lead the way; shifting dynamics led by the impending scrap imports ban in China
Michael Gable of Fairmont Equities notes Fortescue Metals has pushed through resistance and the trend remains to the upside.
An extension of repayment deferrals by APRA is considered timely, providing some relief to the banking system as government stimulus winds down from September.
