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Economic Reports Economic Forecasting

  • TORONTO, Feb 10- Canada's main stock index powered to a record high on Friday propelled by higher oil prices and expectations of corporate-friendly tax cuts in the United States, while an unexpected surge in domestic job growth also suggested a brighter economic outlook. The Toronto Stock Exchange's S&P/TSX composite index finished up 111.82, or 0.72 percent,...

  • TORONTO, Feb 10- Canada's benchmark stock index closed at a record high on Friday, propelled by higher oil prices and U.S. markets, while an unexpected surge in domestic job growth suggested a brighter economic outlook. The Toronto Stock Exchange's S&P/TSX composite index finished up 111.82 points, or 0.72 percent, at 15,729.12. All but one of the index's 10 main...

  • "We've had a very good run here from employment and I think it's sending a pretty convincing signal that the economy is starting to improve," said Doug Porter, chief economist at BMO Capital Markets. The Canadian economy was hurt by lower oil prices that forced the Bank of Canada to cut rates twice in 2015, but policymakers believe the worst of the commodity shock is...

  • SYDNEY, Feb 10- Pacific Management Investment Co, one of the world's largest bond funds, believes corn prices will outperform soybeans and is cautious about aluminum markets. The California- based fund management group, which manages $1.5 trillion of assets, or more than the annual output of the Australian economy, uses commodities to protect against inflation.

  • SYDNEY, Feb 10- Pacific Management Investment Co, one of the world's largest bond funds, believes corn prices will outperform soybeans and is cautious about aluminium markets. The California- based fund management group, which manages $1.5 trillion of assets, or more than the annual output of the Australian economy, uses commodities to protect against...

  • SYDNEY, Feb 10- Pacific Management Investment Co, one of the world's largest bond funds, believes corn prices will outperform soybeans and is cautious about aluminum markets. The California- based fund management group, which manages $1.5 trillion of assets, or more than the annual output of the Australian economy, uses commodities to protect against inflation.

  • SYDNEY, Feb 10- Pacific Management Investment Co, one of the world's largest bond funds, believes corn prices will outperform soybeans and is cautious about aluminium markets. The California- based fund management group, which manages $1.5 trillion of assets, or more than the annual output of the Australian economy, uses commodities to protect against...

  • Closing Bell Exchange: Market desperate for corporate tax reform

    Discussing the current state of the markets with Erik Ristuben, Russell Investments; Steve Grasso, Stuart Frankel; and CNBC’s Rick Santelli.

  • WASHINGTON, Feb 9- The International Monetary Fund does not see firm evidence that currency wars are nearing but would like to see Group of 20 major economies reaffirm their commitment to free and fair trade this year, IMF spokesman Gerry Rice said on Thursday. "I don't see evidence of firm policy decisions made that would lead us to suggest that we're heading for...

  • MOSCOW, Feb 9- The Russian central bank will consider cutting the key rate in 0.25 percentage point steps once it reaches single-digit levels, Governor Elvira Nabiullina said on Thursday. Nabiullina also said the central bank is likely to revise economic forecasts and raise an average oil price factored in its three-year plan from $40 per barrel.

  • MOSCOW, Feb 9- Russia's central bank expects growth in lending to the real economy of 4-7 percent in 2017, Elvira Nabiullina, the bank's governor, said at a meeting with bankers on Thursday.

  • Savings bonds

    Discussing the current state of the markets with Jeff Saut, Raymond James; Keith Bliss, Cuttone & Co.; and CNBC’s Rick Santelli.

  • Feb 8- The National Retail Federation said it expects U.S. retail industry sales to increase 3.7-4.2 percent in 2017, citing job and income growth and low debt. "The economy is on firm ground as we head into 2017," NRF Chief Executive Matthew Shay said in a statement on Wednesday. "While consumers have strength they haven't had in the past, they will remain hesitant to...

  • NEW YORK, Feb 8- BlackRock Chief Executive Larry Fink on Wednesday said the U.S. economy is in the midst of a slowdown and financial markets could see a significant setback, because of uncertainty over global trade and the Trump administration's plan to cut taxes. President Donald Trump has called for tax cuts as well as a wide set of changes to trade policy,...

  • TOKYO, Feb 8- Bank of Japan board members saw improvements in exports, consumer spending and capital expenditure but warned that it may take time for inflation expectations to pick up, a summary of opinions from their Jan. 30-31 meeting showed on Wednesday. "Since the second half of 2016, Japan's economic recovery has strengthened," one of the nine board members was...

  • Closing Bell Exchange: Rally built on rotation

    Discussing the current state of the markets with Cassandra Toroian, Bell Rock Capital; Steve Grasso, Stuart Frankel; and CNBC’s Rick Santelli.

  • LONDON, Feb 7- Differences among Bank of England officials about the outlook for interest rates moved into sharper focus on Tuesday, as one of them said rates might need to rise soon if the growth remains solid and inflation continues to accelerate. Last week the central bank signaled it was in no rush to hike rates, with BoE Governor Mark Carney stressing that...

  • *Leu recovers, fundamentals offset political uncertainty. BUDAPEST, Feb 7- The leu extended its recovery on Tuesday after its sharp fall during mass protests last week, outperforming other Central European currencies as Romania's healthy growth outlook offset uncertainty surrounding public calls for the government to quit. Elsewhere, Hungary's forint and...

  • Closing Bell Exchange: Markets projecting tax reform earlier than possible

    Discussing the current state of the markets with David Waddell, Waddell & Associates; Stephen Guilfoyle, Sarge986; and CNBC’s Rick Santelli.

  • LONDON, Feb 6- More than half of British business leaders believe the vote to leave the European Union has had a negative impact on their companies but most firms are confident they can survive the change, according to a survey on Monday. Britain's economy has performed more strongly than expected since the Brexit vote last June, but an Ipsos Mori survey of more...