Daily FNArena News - FYI

The temporary bail-out of distressed US investment bank Bear Stearns poses all sorts of problems of its own.

Last night’s announcement by Standard & Poors that an end to subprime write-downs is in sight means little in the wider scope of the credit crunch.

Has the latest Fed move solved anything?

While interest rate differentials have supported Aussie dollar gains against the greenback, CIBC notes cuts are starting to be priced in and this suggests downside risk for the currency.

Weekly musings from your editor. Instead of being blinded by the comfort of market consensus, investors are often better off by focusing on the standout individual.

Brazil, Russia, China and India have been emerging growth engines this decade so Credit Agricole has turned its attention to which countries may emerge as the world’s next growth nations.

After weak economic and employment data, what dilemma will the Fed face this week when the latest CPI is released?

After falling in January Baltic Freight rates have risen more than 45% and TD Securities suggests this implies stong commodities demand and as a result global economic activity remains solid.

Weekly musings from your editor. Former laggards are turning into leaders on the stock market. This does not only affect banks and resources stocks, but also the retailers.

While the trend remains in favour of further US dollar weakness ANZ Bank doesn’t see this as translating to further Australian dollar strength as the currency appears to have lost some momentum.