Daily FNArena News - FYI

Along with a heavy week of company profit results in Australia the economic calendar shows a wide array of economic data due.

Despite a struggling economy, floundering markets and a minuscule interest rate, the USD is likely to stay strong at least into 2H09.

According to BT’s chief economist Chris Caton 2009 will go down as a buying opportunity for long-term investors even as economic data get worse.

Japan may be in strife, but Europe is facing disaster.

Weekly musings from your editor. What price should BHP shares trade at and is current investor optimism justified?

A relatively busy US calendar will offset more quiet ones elsewhere across the globe in the coming week. In Australia corporate results will start streaming in.

Could the GFC prompt Russia to turn back the clock?

Despite a poor Wall Street reaction, TARP II may not be nearly as disappointing as it first appears.

As the latest US stimulus package is passed in the Senate, hyperinflation lurks as a catastrophic consequence.

Weekly musings from your editor. Are equities cheap? Plus: which companies are staring at two years of declining profits?