Local GDP forecasts increase on bulk commodity prices, while range-trading and stock-picking look to be the story for 2010 in a more conservative corporate environment.
BHP has just settled its first ever quarterly coal contract with the Japanese, a move that cannot be underestimated in its importance and which may have similar ramifications for iron ore.
DJ Carmichael has initiated coverage on China Steel and Wildhorse Energy, seeing value in both juniors at current price levels.
Steel researchers at MEPS forecast higher prices, and higher production for stainless steel products this calendar year.
Wall Street was mixed last night, masking decent moves up in commodity-based stocks as pressure begins to rebuild for the US dollar. Dow up 2. (Locked for subscribers until 10:00 AEDST)
The investment clock is a useful tool that provides a useful insight into the direction of the investment environment.
BHP Billiton’s quarterly production report was something of a mixed bag.
The Parker Range project of Cazaly Resources appears to offer valuation upside according to DJ Carmichael.
Rio Tinto has delivered a solid production report for the December quarter, with better than expected output in iron ore and copper the highlights.
Commonwealth Bank expects the Australian economy will deliver near-trend growth in 2010, better than the sub-trend performance expected for the global economy as a whole.