Daily FNArena News - FYI

Historical analysis suggests July could well be a bumper month for Aussie equities, as well as for copper and oil.

A softer Fed is expected to increase pressure on the greenback. The Aussie dollar at US$0.75 soon?

We can now all sit back and actually enjoy our financial new year’s eve and perhaps concentrate on the World Cup. The Fed has spoken, and it is the tone that is most important.

One of FN Arena’s loyal readers has discovered the vacuum cleaner may be better at making investment decisions than he is.

Weekly musings from your editor.

TD Securities sees a trading opportunity in the AUD/CAD, while Danske Bank likes the look of the NOK.

Economists are becoming increasingly concerned about the US economic outlook for 2007. Fed rate hikes to combat inflation now may force a swift u-turn in policy next year.

This week’s FOMC meeting will have the whole world on the edge of its seats, but several experts have already drawn their conclusions: interest rates are moving up faster and further than previously anticipated.

New Zealand’s record current account deficit is not a result of poor policies. It is likely to grow further though.

Ethanol prices in the US are some 196% higher on a year-on-year basis.