Daily FNArena News - FYI

As the oil price fell back below US$60/bbl the Dow closed at a record high and the bottom fell out of the gold market.

Weekly musings from your editor.

New Zealand’s trade balance was surprisingly larger than expected in August, but brokers have not changed their view the trend is improving and a soft landing remains likely.

Renewed confidence is providing momentum as the Dow hits its second highest ever close last night.

Unchanged Fed rates may have been a positive for Wall Street earlier in the week, but now the focus turns to a slowing economy.

The Fed left rates unchanged as expected, oil fell further, and the world is a happy place. Isn’t it?

Weekly musings from your editor.

Tensions are simmering again as the US attempts to block Iranian banks suspected of funding terrorism. In the meantime, India is to get its own gold exchange-traded fund.

The US CPI for August came in at 0.2% rise – half of July’s.

Weekly musings from your editor.