Daily FNArena News - FYI

Michael McCarthy, Head of Dealing Asia Pacific at City Index suggests traders should consider buying into the share market for a pending bounce.

Many fear the world may be heading for a double-dip recession given the European situation and Chinese slowing, but Citi suggests corporate earnings should not be overly impacted.

Hungary has announced its budget deficit is worse than previously anticipated. A fragile market has been spooked once more.

Barclays Capital note June tends to be a mixed month across all asset classes, a trend it expects will continue this year.

Without the North’s backing of China, Danske Bank cannot see a war erupting on the Korean peninsular.

2010 may have begun to look and feel like 2008, notes BTIG, but it’s not.

The New Zealand Budget has featured a number of fiscal reforms aimed at re-balancing the economy, the changes generally being appluded by analysts.

Europe has taken the spotlight away from what has been a very positive March quarter earnings season in the US.

As promised in this week’s Weekly Insights: the charts.

Observations made by market strategists at BTIG and Glushkin Sheff.