Energy

With Europe and China continuing to impact on commodity markets, forecasts across the sector have been revised.

Paul Rickard of the Switzer Super Report evaluates the Caltex subordinated note issue for investors.

Weekly update on recommendation, target price, and earnings forecast changes.

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Algae to biofuel pioneer Algae.Tec has passed a first production milestone at its Nowra demonstration facility.

Assets in both the US and Vietnam appear highly prospective and DJ Carmichael sees enough potential upside in Neon Energy to rate the stock a ‘High Conviction’ Speculative Buy.

Draghi can talk the talk but failed to walk the walk last night. Dow down 92. (Accessible only for subscribers before 10:15 AEDT)

Barclays Capital’s analysis of monthly seasonal trends shows equities tend to struggle in August, commodities are mixed and the yen, US dollar and bonds perform better.

The Fed made no policy changes last night but reiterated its willingness to do so, leaving markets back in limbo ahead of tonight’s ECB meeting. Dow down 32. (Accessible only for subscribers before 10:15 AEDT)

Consensus still has the Fed not moving tonight, while Germany continues to put a potential spanner in the works for the ECB. Dow down 64. (Accessible only for subscribers before 10:15 AEDT)