Daily FNArena News - FYI

Christmas is happening next week, but there’s still a fair bit on the US, UK and Japan calendars.

Each Christmas CommSec speculates on what the new year might bring.

Next week will undoubtedly see a reaction to Canberra’s new stimulus package, while the outcome of the US auto industry bailout will also be under the microscope.

Several noteworthy economic release are out in Australian, but the ever complicating roadmap laid out by Wall Street will provide much of the week’s direction.

Weekly musings from your editor. The greatest wisdom on earth plus the most bearish assessment thus far. (Both not mine).

Next week will see a steady stream of economic data that is likely to lend insight into this week’s big releases and help clarify the road map for 2009.

In the depths of one of the Northern Hemisphere’s bleakest financial winters, State Street sees signs of an early thaw.

Danske Bank suggests the cuts to official interest rates overnight by the BoE and the ECB have implications for their respective currencies, with the British Pound the likely winner longer-term.

The US government has spent that much on economic stimulus but may soon have to borrow money from itself.

Global depression fears are still running wild, but massive policy responses from the world’s governments are finally starting to be felt and a sooner than hoped for recovery is not impossible.