Daily FNArena News - FYI

The RBA meets next week but will not raise the cash rate while the US has another week of data over which to argue the case of recession.

Lehman Bros is teetering on a mix of spurious facts and probable fiction. Has the Fed really prevented another investment bank collapse?

ANZ Bank has pulled the plug on Opes Prime.

How long does a US recession typically last, and how does the stock market typically perform?

One veteran equity strategist, who has seen it all before, is ticking the boxes ahead of what he believes will be an explosive rally on Wall Street.

Weekly musings from your editor. Surely if commodities are about to correct, this implies the current market recovery is non-sustainable?

Not every central bank has abandoned the greenback.

The new Bear Stearns deal highlights the Fed’s immediate need to prevent meltdown in the banking system, as central bankers across the globe hook up to spend Easter discussing what else still needs to be done.

Australia is in holiday mode data-wise this week but the US story bungles on.

Financial market issues appear far from finished and this implies further weakness in the US dollar but the speed of recent falls means a short-term bounce is possible.