Daily FNArena News

Michael Gable of Fairmont Equities suggests that having retraced 50% of its prior loss, the S&P500 should now enter a period of consolidation.

Broker views centre on how Rio Tinto will carve up the cash pie stemming from asset divestments, as revenue continues to benefit from strong commodity prices.

Gold has found a solid footing, as several features in the global environment combine, and this underpins a strong revenue outlook for gold stocks.

Craig Parker of Moat Capital suggests enjoy it while it lasts, the trend remains weak for the ASX200.

Marin Katusa, of Katusa Research, is preparing for a wipeout among the world’s copper producers.

Compliance with the OPEC-led agreement is expected to underpin oil prices in the first half of 2019, while the remainder of the year may be subject to more volatility.

The Chartist reports the technical picture for iron ore producers, including Mt Gibson, is improving noticeably.

Negative markets and outflows caused Perpetual to report a decline in funds under management in the December quarter and brokers expect the share price will remain under pressure in the near term.

Ahead of the Herd’s Rick Mills suggest investors should be on alert for more M&A in the junior gold space.

A glance through the latest expert views and predictions about commodities. Resources outlook; iron ore; and copper.