Daily FNArena News

A glance through the latest expert views and predictions about commodities with debate on oil, steel and gold prices and suggested gains in fertilisers.

ATW’s Jerry Simmons has cast his technical eye over price action in crude oil futures.

Investment analyst Steve McDonald talks rising food prices, silver in demand and this year’s outlook for US profits and equities.

BTIG Chief Market Strategist Mike O’Rourke suggests extra caution seems but appropriate, but he doesn’t think a 10% correction is feasible.

Barclays Capital has met with a number of players in the Chinese copper market and found sentiment remains cautious at current price levels.

Investment U’s Marc Lichtenfeld predicts biotech will make a come-back, on the back of strong trends in emerging markets.

ATW’s Jerry Simmons observes several USD-leveraged assets are facing fierce overhead resistance.

Oil Search delivered a solid December quarter production report but upside remains tied to the development and potential expansion of the PNG LNG project.

The Queensland floods impacted on a number of coal mines but not as much as some reports had indicated, so recent price gains may not last in the view of ANZ Banking Group.

Industry consultant TradeTech has lifted its uranium spot price indicator as market activity continues to pick up.