Daily FNArena News - FYI

Investment consultants GaveKal have been asked just what might the upset the current purple patch in global economies and equity markets.

While quarterly earnings were a litle better than estimated, brokers remain cautious on Telecome New Zealand given the uncertainty of regulatory issues.

Hedge funds may now post the biggest risk of a crisis since the 1998 collapse of LTCM, the Fed warns.

Weekly musings of your editor.

The RBA surprised no one this morning by holding the cash rate steady this month.

ANZ Bank sees a changing of circumstances for the Australian dollar, suggesting the US dollar and not economic fundamentals is likely to drive the currency short-term.

Will Australia’s biggest deal to date get over the line? Things are looking desperate in Martin Place. Little desperation is expected from the RBA however.

Weekly musings from your editor.

The Reserve Bank of New Zealand has again lifted official interest rates, but the market is coming to the conclusion the peak of the cycle is at hand.

The market is factoring in a rate rise when the RBNZ meets this week, but Stephen Koukoulas at TD Securities sees reasons why the bank won’t move.