Written by Gary
US markets opened up fractionally as expected and the Spooz has traded above and below the 2055 support/resistance for the entire morning session. WTI crude has slipped off its $46 high this morning and is trading quietly in the high 44's for now, but is expected to rise again and place immediate bearish pressure on Wall Street. Global financial data continues to be on the weak side worrying investors.
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If your next vacation is to North Korea then you might want to cross these activities off your itinerary...driving, drinking, and making phone calls are just a few of the things that can land you in prison if you perform them in the DPRK. Check out these 10 everyday activities that are North Korean no-nos.
Infographic Of The Day: Detox Smoothie Recipes To Cleanse Your Body Naturally
Detoxing has become a very popular trend lately, and for good reason.
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05May2016 Pre-Market Commentary: Crude Prices Rise, Stock Futures Higher, Weekly Jobless Claims Higher, Investor Optimism May Be Short Lived
from The Conversation
-- this post authored by John Krebs, University of Oxford
Ocean acidification is causing fundamental and dangerous changes in the chemistry of the world's oceans yet only one in five Britons has even heard of ocean acidification, let alone believes it a cause for concern. Around 97% of climate scientists believe global warming is principally driven by human activity, yet only 16% of the public know the expert consensus to be this strong.
Written by Gary
US stock future indexes are fractionally higher, WTI crude climbing past 46 and the US dollar showing some life. Weekly jobless claims rose by 17,000 to 274,000 last week. Wildfires in Canada's oil sands at Ft. McMurry and Libya in-fighting between rival factions, crude output could fall by 120K barrels per day if tankers continue to be blocked. Markets expected to open higher.
04May2016 Market Close: Markets Closed Down For Second Session, Lukewarm Jobs Data, Weak Company Rep
30 April 2016 Initial Unemployment Claims Rolling Average Worsened. 61 Consecutive Weeks Of Initial Claims Below 300,000
Weekly Initial Unemployment Claims
The market expectations for weekly initial unemployment claims (from Bloomberg) were 256,000 to 271,000 (consensus 262,000), and the Department of Labor reported 274,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 256,000 (reported last week as 256,000) to 258,000. The rolling averages generally have been equal to or under 300,000 since August 2014.