Daily FNArena News - FYI

Silicon Valley Bank’s annual survey of the US wine market shows the industry is doing it tough, with any recovery likely to be as drawn out as that of the US economy as a whole.

Weekly musings by your editor. Is there a message in gold investors in the share market should pay attention to?

A new leader in South Africa, lots of data from China plus releases on industrial production, inflation and retail sales across the globe. Add more company results and next week’s calendar is packed.

Technical analysts at Barclays Capital believe history suggests a bear market low for equities is now in place.

The Coppock Indicator has generated a similar signal for Chinese shares as it did for the Japanese Nikkei in April.

According to Westpac Bank while consumer sentiment in the US remains weak it is recovering, but not quickly enough to suggest any sharp improvement in the US economy.

Weekly musings from your editor. Have we seen the bottom yet?

Most major economies have economic data out next week that will provide investors with a greater understanding of current conditions. Westpac is among Aussie companies releasing results.

The market has run sharply since early March but according to Russell Investments Australian equities remain undervalued by as much as 40%.

Analysts at Standard Chartered are closely watching further developments as their risk appetite index has retreated into Neutral territory.