Daily FNArena News - FYI

Last time the markets were rattled by fears about interest rates going up was in 1987. We all know what happened back then. ABN Amro doesn’t think history will repeat itself this year.

Morgan Stanley economists believe the euro rally is overdone, and that Japan is primed and ready.

Recent iron ore price contracts concluded by CVRD and Rio Tinto increase the case for another RBA rate hike, suggests Commonwealth Bank economist Capurso.

The former highflyer at Amrad (now Zenyth) is back in the business. He has just been appointed director at Alchemia.

We all know the saying sell in May, but apparently there’s an historical relationship with US presidential elections and weak share markets as well.

Market experts at ABN Amro were pretty confident Lion Nathan would be contemplating acquisitive growth from now on, but is that assumption still valid following the announcement of a $380 capital management initiative?

The Dow has knee-jerked, but growing inflation will likely precipitate higher bond yields, followed by a bursting of the commodity bubble, followed by falling stock markets.

While metals prices had a quiet day, and oil and gold slipped slightly lower, CPI figures in the US gave the market a bit of a shock. Dow down 240.

Weekly musings from your editor.

With the flagged restructure of its hedge book now complete, OceanaGold receives at least one significant earnings upgrade.