Daily FNArena News

The Fed may be on hold (according to the latest interpretations) but the RBA still has another hike up its sleeves, says JP Morgan.

Jim Rogers believes the current commodities boom has at least another eight years to go.

Credit Suisse believes Asian markets should benefit from an anticipated reaccelaration in US growth from the December quarter onwards.

Broker views vary post another profit warning. Is the Asian strategy actually working? Will earnings recover in 2007?

Historical analysis suggests July could well be a bumper month for Aussie equities, as well as for copper and oil.

A softer Fed is expected to increase pressure on the greenback. The Aussie dollar at US$0.75 soon?

Rupert’s presentation to local experts has not lacked effect. News Corp’s share price went up, and so did Macquarie’s price target.

Oaks Hotels & Resorts is a management and letting rights specialist with 170% earnings growth expected in FY07. Merrill Lynch has set a target 24% above the current price.

HSBC has some advice for Chinese policymakers: don’t bank on currency appreciation to reign in foreign investments, it won’t work.

We can now all sit back and actually enjoy our financial new year’s eve and perhaps concentrate on the World Cup. The Fed has spoken, and it is the tone that is most important.