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Date Posted: 20:22:02 06/20/10 Sun
Author: Newrotation of music at storage.
Subject: previously whitehavenTelstra deal 1pm---Monday 21/6/2010


Date - Monday, 21/6/2010 - 1:18:30 PM AEST

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Telstra Deal
Telstra has signed an $11 billion deal with the Federal Government's National Broadband Network Co (NBN Co) that will set in train an Australia wide high speed broadband internet link.
Quote - Get Chart & Price Information For TLS
Will Commodities Get A Hit?
China's decision to end its currency peg could have its biggest impact in the commodity markets. China's rising appetite for oil, iron ore, copper, lead, zinc and aluminium has been met by using a currency whose rising value has cut the effective landed cost.
China To Release The Yuan

China's central bank will gradually make the Yuan's exchange rate more flexible, indicating that it was ready to break a 23-month-old dollar peg that has come under intense criticism from the US and other countries. The statement was released ahead of the G20 nations meeting in Toronto next weekend.
REA - Deutsche Bank rates the stock as Buy
DJS - Citi rates the stock as Buy, High Risk
EQN - RBS Australia rates the stock as Buy
Value In Peet As It Scales Up Operations

Property developer Peet is considering using external distribution to expand the size of its property syndicates and Citi is positive on the move. According to Citi, Western Australia offers upside from the current resource-driven recovery in the state's economy.
Quote - Get Chart & Price Information For PPC
Better Times Ahead For Zinc and Lead Prices
Both zinc and lead prices have fallen heavily in recent months but analysts at Hallgarten suggest better times are ahead for both metals.

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