Few expect volatility in BHP Billiton (BHP +2.4%) shares to end soon, as analysts continue to...

|About: BHP Billiton Limited (BHP)|By:, SA News Editor

Few expect volatility in BHP Billiton (BHP +2.4%) shares to end soon, as analysts continue to trim earnings forecasts for BHP and its peers. “The prospect of further declines in commodity prices on a weakening macro outlook is likely to limit near-term share price performance,” UBS wrote after BHP's production report. Citi sees capex cuts if commodities weaken further.