Early Bird Headlines 22 May 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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Econintersect: In 2013 China and India each provided more immigrants to the U.S. than did Mexico. The data includes both authorized and unauthorized immigration. The data comes from the US Census Bureau in a paper presented by Eric B. Jensen, Anthony Knapp, C. Peter Borsella, and Kathleen Nestor: "The Place-of-Birth Composition of Immigrants to the United States: 2000 to 2013."
Infographic Of The Day: How A Spacecraft Launch Abort Works
A “tractor” escape system was used on the Apollo spacecraft.
FOREX NEWS by DailyForex
The Euro managed to recover some losses made in the wake of the Federal Reserve’s policy release yesterday which tended to support the greenback given that there were no Fed surprises.
The Japanese economy is the third largest in the world, behind the USA and China. Roughly 60% of Japan’s economic output is consumed by the domestic market with 40% of output exported to the rest of the world.
The latest report out of China, its Flash China Manufacturing Output Index, pointed to a drop in factory activity for the third straight month in May, down to 48.4 from an April high of 50.0 and hitting a 13-month low.
After several days when the pressure was high against it, the US Dollar touched a 3-week peak versus the common currency Euro and 2-month high against the Japanese Yen.
The release of Japan’s GDP data Wednesday gave an encouraging sign for the health of the Japanese economy.
by Rodger Malcolm Mitchell, www.nofica.com
Nikos Filis, spokesman for the parliamentary group of Prime Minister Alexis Tsipras"s Syriza party said:
"Our mandate from the Greek people is to reach an agreement where we stay in the euro area without harsh austerity measures."
Online Trading Academy Article of the Week
by Russ Allen, Online Trading Academy Instructor
A few years ago I wrote a series of articles for people who are completely new to the idea of trading options. Options are a really interesting and potentially profitable instrument when used properly, and are certainly my favorite. Since this letter has new readers all the time I felt the time was right to do another set. So, beginning this week we"ll cover the basics of options for the sake of new traders and would-be traders.
21May2015 Market Update: Averages Move Back Up Towards Historic Highs On Weaker Than Expected U.S. D
April 2015 Leading Economic Index Rate of Growth Increases But Index Authors Downplay This Improvement
Written by Steven Hansen
The Conference Board Leading Economic Index (LEI) for the U.S. "sharply improved" this month - but the authors believe this index is not supporting a significant strengthening in the economic outlook at this time.