FYI | Jan 23 2012
By Greg Peel
According to research from Barclays Capital, January is historically the best month of the year for the Nasdaq, Nikkei and Germany's DAX and generally a good month for equities all round. The All Ords shows a 56% chance of advance in the month (if history is any guide), pipped by the S&P 500 with 60%.
While the All Ords shows a 56.25% chance of advance in the March quarter, historically March is the weakest quarter of the year for Australia. The S&P 500 shows a 60.34% chance of advance but the historical winner in the March quarter is Japan.
January is typically good for aluminium and silver but not for copper, and it is the worst month for natural gas. The March quarter is also the worst for natural gas and best for silver, and is also good for copper, aluminium and West Texas crude.
January is the best month of the year for the US dollar index and the worst for the Aussie and euro. The March quarter continues to be bad news for the euro but it is actually the Aussie's best quarter.
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