Daily FNArena News

Newcrest is finally delivering on production expectations at Telfer and with new project to deliver a reserve upgrade broker remain positive on the stock.

Investors have been expecting ongoing shortages of coal, and thus further price rises, for years to come. New insights by GaveKal say reality may turn out to be different.

GUD Holdings delivered a result in line with expectations yesterday but with a tougher earnings outlook resulting in forecasts being cut ABN Amro has moved to a Sell on the stock.

Recently listed goldminer Alchemy has joined the growing breed of explorer/producers establishing proven cashflow projects in order to finance their belief in the big one.

In the view of Standard Chartered the US Dollar remains in a long-term downtrend and will fall further, though not before a sharp rally next year as central banks elsewhere look to stimulate growth.

The Australian banking sector has bounced hard, but there are all sorts of distractions, including a big one across the pond.

ABN Amro Morgans suggests Blackmores has little to fear from anticipated increased competition.

According to TD Securities the evidence is mounting the commodities cycle is poised for a turn lower, which would reduce inflationary pressures but put commodity currencies under pressure.

Weekly musings by your editor. Australia is facing a “hidden recession” and investors better not think that because it is hidden, it’s not there.

The RBA will likely take solace in the fact the June quarter CPI met expectations.