Of the five Federal Reserve districts which have released their April manufacturing surveys - three forecast weak growth and two are in contraction. A complete summary follows.
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by George Friedman
Last week I began this series with a Net Assessment of the World, in which I focused on the growing destabilization of the Eurasian land mass. This week I continue the series, which will ultimately analyze each region in detail, with an analysis of Europe. I start here, rather than in the Middle East, because while the increasing successes of the Islamic State are significant, the region itself is secondary to Europe in the broader perspective. The Middle East matters, but Europe is as economically productive as the United States and, for the past 500 years, has been the force that has reshaped the world.Read more >>
Infographic Of The Day: Guide To Airbrushing
An airbrush works by passing a stream of fast moving (compressed) air through a venturi, which creates a local reduction in air pressure (suction) that allows paint to be pulled from an interconnected reservoir at normal atmospheric pressure.
FOREX NEWS by DailyForex
In June, Greece must repay €1.5 billion to the IMF and roll over €5.2 billion in short-term bonds.
Crude oil seems to be making a comeback. With prices rebounding significantly over the last few weeks, traders are jumping back in with expectations of continued gains.
With all the talk by Fed Chairwomen Janet Yellen and other Fed officials that interest rates will be raised by the end of the year, Federal Reserve Vice Chairman Stanley Fischer seems to be taking a different approach, believing that there is a risk to raising interest rates prematurely.
Although the Forex market is open all week, Monday is a public holiday in both the U.K. and the U.S.A., as well as most of the rest of Europe, so it should be a very quiet day.
Last week was a positive affair for the world’s major markets with the one exception of the Dow. Get the analysis for the week of May 25, 2015 here.
by Dirk Ehnts, Econoblog101
"Europe finally starts pumping markets with cash", CNN Money titled in early March 2015 when the ECB announced its program of quantitative easing (QE). Other press outfits wrote similar lines (Telegraph, RT, Reuters, ...) whereas some understood what was going on at the time (among others, the BBC).
X-factor Report 24 May 2015
by Lance Roberts, StreetTalk LiveA Memorial Day Message
Before I get into this weekend"s missive, I want to take this opportunity, as I do every year, to remind readers of the importance of Memorial Day.
22May2015 Market Close: Markets Closed Mixed, Small Caps Closed In The Green Ahead Of The Memorial W
22May2015 Pre-Market Commentary: Investors See Little Future In Today's Financial Posting Sending U.
Of the four regional Federal Reserve surveys released to date, three show manufacturing expanding weakly and one is in contraction.