×

Economic Reports Economic Forecasting

  • *France catches up with Germany as election approaches. Feb 21- The euro zone's economy improved sharply this month and enjoyed some rare positive news about jobs, with French business activity unexpectedly matching that in big beast Germany just as its presidential race heats up. "With domestic demand strengthening and a weaker euro boosting orders from...

  • TOKYO, Feb 21- The likelihood of more monetary stimulus in Japan is diminishing, according to a Reuters poll of economists who were largely split on the central bank's next policy move, signaling a possible turning point in expectations for its easing cycle. The latest Reuters survey of economists conducted Feb. 13-17 showed the outlook for growth and inflation...

  • HONG KONG— London- based bank HSBC reported Tuesday that its annual profit slumped following a year it said would be remembered for "unexpected economic and political events" and warned of risks in 2017 to the global economy's continuing recovery. In the most recent quarter, HSBC's net loss widened to $4.2 billion from $1.3 billion in the same period the previous...

  • *Q4 GDP +0.4 pct q/q sa, vs +0.6 pct in poll. *Q4 GDP +3.0 pct y/y, same as poll forecast. BANGKOK, Feb 20- Thailand's economy expanded less than expected in the last quarter of 2016 and the government left its forecast for growth this year unchanged, indicating recovery will remain a slow process.

  • SINGAPORE, Feb 20- The U.S. economy is on "sound footing," a hawkish Federal Reserve official said on Monday in a speech that cautioned against asking the central bank to solve problems beyond its control such as low productivity growth. Cleveland Fed President Loretta Mester, at a forum in Singapore, did not comment specifically on interest rates.

  • *IMF's position on Greece has not changed, spokesman says. WASHINGTON/ BERLIN, Feb 17- The International Monetary Fund declined to comment on a media report on Friday that it was likely to contribute up to 5 billion euros to a third bailout package for Greece, saying its views on the deal had not shifted. Germany's government, gearing up for what is forecast to be a...

  • SARASOTA, United States- Federal Reserve Bank of Chicago Executive Vice President and Director of Research Daniel Sullivan will speak on the economic outlook before a Central Banking Series event hosted by the Global Interdependence Center in Sarasota. GOLDEN VALLEY, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari...

  • SARASOTA, United States- Federal Reserve Bank of Chicago Executive Vice President and Director of Research Daniel Sullivan will speak on the economic outlook before a Central Banking Series event hosted by the Global Interdependence Center in Sarasota. GOLDEN VALLEY, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari...

  • Feb 16- U.S. stocks were set to dip slightly at the open on Thursday as investors looked for fresh catalysts to keep up Wall Street's record-setting run as the outlook for the economy brightened. The rally was sparked a week back by President Donald Trump's vow of a' phenomenal' tax announcement. "The market is likely to take a breather after recklessly rising to...

  • Feb 16- U.S. stock index futures dipped slightly on Thursday, as investors looked for fresh catalysts to keep up Wall Street's record-setting run as the outlook for the economy brightened. *The rally was sparked by President Donald Trump's vow last Thursday of a' phenomenal' tax announcement. *Federal Reserve Chair Janet Yellen said rates may need to be raised at an...

  • Traders work on the floor of the New York Stock Exchange in New York City.

    Discussing the current state of the markets with Jonathan Corpina, Meridian Equity Partners, and CNBC's Rick Santelli.

  • *China bonded nickel premiums jump $15 to $180. *Coming Up: U.S. Industrial production Jan at 1415 GMT. LONDON, Feb 15- Copper prices were steady on Wednesday after Federal Reserve Chair Janet Yellen's upbeat assessment of the outlook for the U.S. economy, while nickel rose on supply disruptions in the Philippines.

  • WASHINGTON— The Labor Department releases its report on January U.S. consumer prices Wednesday at 8:30 a.m. Eastern. The Fed left a key interest rate unchanged at its last meeting Jan. 31- Feb. 1, saying it needs more time to monitor the economy but still expects to raise rates gradually. Many economists expect the central bank to delay further rate increases...

  • LONDON, Feb 15- World stocks hit 21- month peaks on Wednesday and the dollar rose for the 11th straight day, after Federal Reserve Chair Janet Yellen flagged a possible interest rate rise next month during upbeat comments on the U.S. economy. Propelled by record highs on Wall Street, MSCI's benchmark global equity index rose 0.25 percent to 442.4 points, its...

  • *Banks in Hong Kong rally after Yellen's comments. SHANGHAI, Feb 15- Hong Kong stocks reached a fresh four-month high on Wednesday morning, after Federal Reserve Chair Janet Yellen's comments on the U.S. economy and the rate hike outlook sent Wall Street to record highs. But Alex Wong, Hong Kong- based director of Ample Finance Group, said concern about monetary...

  • LONDON, Feb 14- Sterling's best run against the euro in over four months came to a low-key end on Tuesday as below-forecast British inflation data added to a handful of subdued signals coming from the economy in the past couple of weeks. It was seen as doing little for the chances of an early rise in Britain's record low interest rates and knocked the pound, which on...

  • SAO PAULO, Feb 14- Investors are giving Brazil's central bank the benefit of the doubt for the first time in at least seven years, betting that slumping inflation will allow policymakers to cut the official target below the current 4.5 percent. Three-year breakeven rates are also hovering below the target, highlighting investors' growing trust in Central Bank...

  • NICOSIA, Cyprus— Cyprus expects its economy to grow between 2.5 percent and 3 percent this year as it recovers from its recent financial crisis and bailout. Finance Minister Harris Georgiades said Tuesday the economy has rebounded strongly and is making up lost ground after the country in 2013 sought out a multibillion-euro rescue deal from its eurozone...

  • LONDON, Feb 14- British consumer prices rose last month at the fastest pace since June 2014 and are set to rise further, propelled by higher global oil prices and the Brexit-fuelled fall in the pound, official data showed on Tuesday. The Bank of England expects inflation to approach 2.7 percent by the end of the year while many economists say it will go above 3...

  • BERLIN, Feb 14- Germany expects solid growth at the start of 2017, driven by manufacturing and booming construction, but uncertainties over Brexit and U.S. Trump's top trade adviser has also accused Germany of using a "grossly undervalued" euro to gain advantage over the United States and its own EU partners. Chancellor Angela Merkel has rejected the suggestion,...