Daily FNArena News - FYI

If history is any guide… Barclays Capital had a look into historical guidance for February.

The market had been turning blue as it held its breath for this latest Fed update. The report card was positive.

Weekly musings from your editor.

As the yen hits a four-year low, observers fear the ramifications of a Japanese interest rate hike.

All metals were trounced last night as inventory reports were higher and oil took a tumble.

A wealth of data out of the US this week will keep US dollar traders on their toes.

Weekly musings from your editor.

A surge in the oil price led to another good night for metals prices, particularly gold, and a bounce in the Dow. Cold weather was one factor, but what George Bush will say this morning was another.

A poor start to the week was driven by growing concerns that earnings expectations may be a bit ambitious, particularly in tech stocks.

The chances of a February rate rise may well be sealed this week as the fourth quarter CPI is released in Australia, while NZ is likely to stay on hold.