Daily FNArena News - FYI

Respected Morgan Stanley economist Stephen Jen attacks a few misconceptions about the power of the yen carry trade.

Macquarie analysts believe equity markets actually look stronger than they did a month ago, but elsewhere gold appears to have problems.

Another week of important US data this week follows Friday’s comforting non-farm payroll number.

The Reserve Bank of New Zealand has again lifted interest rates, but this is likely to prove the last hike in the cycle.

Weekly musings from your editor.

For once, it was the US following the rest of the world instead of the other way around, with a rally in the Dow spurred by strong rebounds in Asia and Europe.

GaveKal addresses the questions facing nervous investors this week.

Not that US economic data is ever not critical, but this week’s numbers will take on added significance among the headless chooks.

No one wanted to take home their risk for the weekend, as Friday night saw another round of nervous liquidation of positions. Precious metals bore the brunt.

Realistically, a 9% collapse in China A shares should not have triggered yesterday’s global panic. So why did it? And what happens next?