Daily FNArena News - FYI

The US housing market is facing protracted foreclosure problems in determining just who owns the mortgages in question – a problem which could extend the length and breadth of the housing decline.

With the US further advanced in its downturn than is Europe there is scope for a medium-term turnaround that would see the US dollar reverse its downtrend against the euro.

If you thought last week was full of Australian profit reports, wait till you see this week.

The Australian share market seems poised to fall through technical suppport tomorrow.

The Australian interim result season shifts into top gear this week and the next, while the US CPI might prove an interesting release.

Weekly musings from your editor. What if I told you the price of copper is about to soar?

Housing finance and jobs numbers released this week will give clues as to whether the RBA’s move was a good one.

Barclays Capital suggests the UK government faces a number of issues with respect to meeting future energy needs, with an increased emphasis on nuclear power likely to be the only real solution.

Weekly musings from your editor. If I were a shareholder of Rio Tinto I would have sold my shares today. All of them.

New Zealand is suffering its own drought-like conditions and according to TD Securities this poses some downside risk for economic growth.