Daily FNArena News - FYI

Economists at GSJBW now believe the widely anticipated interest rate cut in New Zealand won’t occur in 2006.

If it wasn’t for North American investors, State Street’s latest gauge of global investors’ risk appetite would have declined in May.

It would appear that a large number of margin calls have been made this morning, leading to forced selling and a lower opening of the local share market.

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.