Early Bird Headlines 05 August 2015
Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.
This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).
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Written by Frank Li
I believe I have the most accurate diagnosis for America (Diagnosis for America (Version 3)) as well as the best solution (Solution for America (Version 3)). To best appreciate them, you must have a comprehensive understanding of America as well as the world, for which an essential issue is republic: democracy (e.g. America) vs. autocracy (e.g. China).
Infographic Of The Day: Spike Aerospace's Supersonic Passenger Jet
The Spike Aerospace S-512 is designed to fly from London to New York in 3 hours. The S-512, developed in 2013, has been recently upgraded with a modified delta wing to increase fuel efficiency and reduce sonic boom.
FOREX NEWS by DailyForex
It looks like a Fed interest rate hike in September is a real possibility. After months of uncertainty and speculation, a senior Fed official came out in support of the rate increase sending the dollar upwards, primarily at the expense of the Swiss Franc and Canadian Dollar.
As is well known, the government of Japan has been embarking on a scheme, which included both monetary and fiscal policy, which would hopefully result in economic growth. To that end, the Bank of Japan has made numerous attempts to ensure that the Japanese Yen is weak enough to promote growth through trade.
Looks like there’s trouble in paradise. If economists have it right, Australia’s current property boom which has zoomed 11% so far this year, could be coming to an end.
Last week saw the final trading session for July; a month when Greece went to the very edge of leaving the Euro before turning back.
The U.S. Dollar is just beginning to gain some positive momentum in the trading week. Earlier, it had been broadly after Friday’s U.S. employment costs report seems to have clouded the outlook for the Federal Reserve Bank.
by Dirk Ehnts, Econoblog101
Thomas Mayer, formerly at Deutsche Bank, has written a letter to the FT:
Money Morning Article of the Week
by David Zeiler, Associate Editor, Money Morning
Even before digital currency landed on the public's radar in 2013, people have been asking,
04Aug2015 Market Close: Markets Close Fractionally Lower, Gold Closes Above 1090, Oil Stabilizes Jus
04Aug2015 Market Update: Averages Move From Mixed To Fractionally Down On Low Volume, Major Stocks O
04Aug2015 Pre-Market Commentary: Chinese Markets Close In The Green, Greek Banking Stocks Plunge, Oi
Written by Steven Hansen
US Census says manufacturing new orders improved. Our analysis agrees. Unadjusted unfilled orders' growth continues shrinking year-over-year. No matter how you cut the data, it is soft.