Cooler Weekend with Light Showers

Weekend forecast: A little rain, a little sunshine

It should be a fine day in Dunedin apart from a morning shower or two, a high of 12C.

For your Mother's Day on Sunday we are expecting about a copy and paste forecast from Saturday, but a bit warmer and more humid. This activity will continue into, but not through, Saturday night and by daybreak on Sunday the rain will be more benign. Our best chance of showers and storms will be Wednesday and Thursday, but there is at least a scattered chance every day next week. Most of us stay dry this evening but a complex pushing through north central IL has shown heavy lightning and a hail threat. There will be a slight chance of rain showers.

Oil prices moderate after initial Iranian response
Yet analysts say Saudi Arabia would like to keep prices rising ahead of the IPO of its state-owned oil giant Saudi Aramco. In New York last night the contract was at $77.01, or 3.1 per cent higher over the week, a fifth successive weekly gain.

The weekend forecast may include just enough dry weather to squeeze in some typical Mother's Day activities - buying mom flowers and escorting her to brunch.

Monday will be even hotter with highs closer to 90°. East winds will gust as high as 25 miles per hour. High temperatures will rebound back into the middle and upper 70s.

Trump lays out plan for reducing drug prices
Other parts of the plan were previously released in the president's budget proposal and would require action by Congress. That idea has always been supported by Democrats but is a non-starter for drugmakers and most Republicans in Congress.

Boating conditions will be poor to hazardous today due to the period of unsettled weather with high rain chances. Sunday will be mostly cloudy with isolated showers or storms as temperatures warm slightly into the lower 80s. A juicy trough of low pressure will foster higher rain and storm chances for next week.

Tuesday - A chance of showers and thunderstorms.

Consumer prices rebound 0.2% in April on jump in petrol
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. That means holders of Treasury Inflation-Protected Securities will see their principal balances climb 0.4% in June.

THIS AFTERNOON - Partly Sunny with Strong Storms Developing into the Evening.

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