Daily FNArena News

Michael Gable of Fairmont Equities analyses the technicals for beaten-down Commonwealth Bank.

A glance through the latest expert views and predictions about commodities. Lithium; oil; aluminium & alumina; solar; thermal coal.

Lithium battery material provider, UltraCharge, has recently signed up to a deal with Sinochem Lantian involving commercial scale manufacturing of its electrolyte solution.

Whitehaven Coal’s December quarter sales and production disappointed brokers, despite buoyant prices, amid increased costs at the Narrabri mine that will now continue into perpetuity.

Craig Parker of Moat Capital sees a pullback for the ASX200 as a buying opportunity but it will depend on the banks.

FNArena’s Australian Broker Report offers a daily window into ideas, updates and projections made by stockbroking analysts.

The Chartist reports the technical picture for the S&P500 continues to be supportive of further upside, though short term a cautious approach seems but appropriate.

South32 has upgraded production guidance for South African manganese by 8% as it flexes output to take advantage of higher prices. The December quarter also revealed weakness at Worsley and Cannington.

As oil prices show resilience above US$60/bbl several brokers are confident that 2018 will be a more positive year for the energy sector.

BT Investment Management’s business made a solid start to FY18 although net outflows, largely from previously disclosed mandate losses, raise a few concerns regarding the outlook.