Early Bird Headlines 05 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".).
BECOME A GEI MEMBER - IT's FREE!
Every day most of this column ("What We Read Today") is available only to GEI members.
To become a GEI Member simply subscribe to our FREE daily newsletter.
Written by Sig Silber
The NOAA May Update does not answer many questions but suggests that short-term forecasting in May will be difficult especially for the Eastern Half of CONUS. The Warm Event continues but May is the wrong time to be forecasting the condition of ENSO in Fall and Winter. Some interesting papers on sunspots are discussed which suggest they may be a bit more important than generally recognized.
Infographic Of The Day: Travel Technology Is Taking Off
During the holidays, the number of travelers increases over 50% and about 3.5 million head abroad.
FOREX NEWS by DailyForex
Last week saw all of the world’s major markets losing ground, partially because of slowed growth in the USA (and UK).
The US Dollar continued to edge higher after last week’s modest comeback which came after investors decided that the recent two-week fall might be have been temporary and that the US economy is on the verge of a turn around.
Negotiations between Greece and its international lenders over reforms to unlock remaining bailout aid have made headway and an agreement could be closer this month, a government official said on Sunday.
This week should be busier than last week, with the focus falling upon the U.S. and Australian Dollars and the British Pound. There is plenty of economic data due for the U.S. Dollar, particular the non-farm payrolls, and the market will be watching closely to whether if the U.S. economy continues to move forward or is beginning to falter.
After a stellar month for beaten-down oil markets, the risk of another sharp slide downwards may be around the corner, analysts said Friday.
by John Jewell, The Conversation
The front pages of the Sun and the Scottish Sun on last Thursday morning provided further evidence of Roy Greenslade"s recent assertion that the idea of a national press is a fallacy.
by Jeff Miller, A Dash of Insight
This week"s economic news is mostly jobs-related. The Fed has cited employment as the most important factor in future rate decisions. There is plenty of FedSpeak on tap. Pundits love to talk about the Fed. Voila! The theme for the week will combine all of these elements:
Can the employment news change the Fed"s course?
04May2015 Market Update: Opening Markets Rise Half Percentage Point, Trade Sideways And Then Roll Ov
04May2015 Pre-Market Commentary: Premarkets Are Up Ahead Of Manufacturing Data And Chinese Manufactu
Econintersect: Average gasoline prices rose 9.3 cents per gallon nationwide this past week following the previous week"s 8.6 cent rise. From the same week one year ago, gas prices have fallen $1.01 a gallon.