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Economic Reports Economic Forecasting

  • SINGAPORE, April 13- Singapore's central bank held policy steady as expected on Thursday, saying a "neutral" stance will be needed for an extended period as it looked to support an economy that contracted in the first quarter amid lingering risks to the global outlook. "They remain in the large group of central banks including RBA, RBNZ, BOJ and BoC which see no need to...

  • SINGAPORE, April 13- Singapore's central bank held policy steady as expected on Thursday, saying a "neutral" stance will be needed for an extended period as it looked to support an economy that contracted in the first quarter amid lingering risks to the global outlook. "They remain in the large group of central banks including RBA, RBNZ, BOJ and BoC which see no need to...

  • BEIJING, April 13- China's March exports rose 16.4 percent from a year earlier, while imports increased 20.3 percent, both exceeding market expectations, official data showed on Thursday. China's first-quarter trade surplus was $65.61 billion. China's economic data in January and February can be highly skewed by the timing of the long Lunar New Year holidays,...

  • SINGAPORE, April 13- The World Bank kept its 2017 economic growth forecast for developing East Asia and the Pacific unchanged, but added the region is vulnerable to any sharp slowdown in global trade or tightening in financial conditions. Latest GDP growth projections, percent:. China 6.7 6.5 6.3 Indonesia 5.0 5.2 5.3 Malaysia 4.2 4.3 4.5 Philippines 6.8 6.9 6.9...

  • SINGAPORE, April 13- The World Bank kept its 2017 economic growth forecast for developing East Asia and the Pacific unchanged, but added the region is vulnerable to any sharp slowdown in global trade or tightening in financial conditions. The Washington- based lender expects the developing East Asia and Pacific region, which includes China, to grow 6.2 percent...

  • Traders work on the floor of the New York Stock Exchange shortly after the opening bell.

    Discussing the current state of the markets with Rob Morgan, Sandy Spring Bank; Stephen Guilfoyle, The Street.com and Sarge986; and CNBC’s Rick Santelli.

  • LONDON, April 12- Britain's pound rose against the dollar on Wednesday, after data showing stronger-than-expected wage growth brought some relief to investors concerned about the economic impact of Britain's decision to leave the European Union. Sluggish wage growth has been cited as one reason the Bank of England is in no hurry to raise interest rates...

  • *Inflation outlook unchanged, economists wary of rand. JOHANNESBURG, April 12- South Africa's debt downgrade to junk status and the finance minister's recent dismissal mean interest rates will be on hold until 2020 at least, a Reuters poll found on Wednesday. Economists in the poll, taken just a week after Fitch Ratings Agency and Standard and Poor's downgraded...

  • *Inflation outlook unchanged, economists wary of rand. JOHANNESBURG, April 12- South Africa's debt downgrade to junk status and the finance minister's recent dismissal mean interest rates will be on hold until 2020 at least, a Reuters poll found on Wednesday. Economists in the poll, taken just a week after Fitch Ratings Agency and Standard& Poor's downgraded...

  • BERLIN, April 12- German public debt is expected to fall by some 2 percentage points this year, the government said in a report on Wednesday, keeping Europe's largest economy on track to bring down debt to below 60 percent of economic output by 2020.. Debt stood at 68.3 percent of output in 2016, the government said in its report, which it will present to the European...

  • NAIROBI, April 12- The World Bank cut Kenya's economic growth forecast for this year by half a percentage point on Wednesday to 5.5 percent, citing drought, sluggish private sector credit growth and rising prices of oil. In its latest report on the Kenyan economy, the World Bank said growth would pick up after this year, driven by the expected normalisation of...

  • BEIJING, April 12- China's producer price inflation cooled for the first time in seven months in March as iron ore and coal prices tumbled, pressured by fears that domestic demand is not strong enough to absorb surging supplies of steel. The producer price index rose 7.6 percent from a year earlier, in line with economists' expectations for a moderation from the...

  • LONDON- British Finance Minister Philip Hammond and Bank of England Governor Mark Carney will speak at London FinTech conference 0930 GMT. BRUSSELS- Christine Lagarde Managing Director of the International Monetary Fund will speak about the global outlook and policy priorities ahead of the upcoming 2017 IMF Spring Meetings 0900 GMT.

  • LONDON- British Finance Minister Philip Hammond and Bank of England Governor Mark Carney will speak at London FinTech conference 0930 GMT. BRUSSELS- Christine Lagarde Managing Director of the International Monetary Fund will speak about the global outlook and policy priorities ahead of the upcoming 2017 IMF Spring Meetings 0900 GMT.

  • NAIROBI, April 12- The World Bank cut Kenya's economic growth forecast for this year by half a percentage point on Wednesday to 5.5 percent, citing drought, sluggish private sector credit growth and rising prices of oil. In its latest report on the Kenyan economy, the World Bank said growth would pick up after this year, driven by the expected normalisation of...

  • DUBLIN, April 11- Ireland trimmed its economic growth outlook for the years following Britain's future exit from the European Union only marginally on Tuesday, saying consumer spending would offset most of the hit to export growth. Ireland's economy, which has been the best performing in the EU for the last three years, is widely considered the most vulnerable...

  • Closing Bell Exchange: There is volatility building

    Discussing the current state of the markets with Luciano Siracusano, Wisdom Tree Investments; Peter Costa, Empire Executions; and CNBC’s Rick Santelli.

  • *Hungary, Romania release lower-than-expected inflation figures. BUDAPEST/ BUCHAREST, April 11- Central European currencies mostly eased on Tuesday as investors shunned risky assets due to rising geopolitical risks, while Hungary and Romania published lower-than-expected inflation figures. The Czech crown led the decline, shedding 0.3 percent to trade...

  • ALGIERS, April 10- Algeria released details of its "new model of growth" on Monday to cope with a sharp fall in oil prices, recognising that its vast system of government subsidies is unsustainable and must be overhauled. The document outlining the new model frankly admitted the country's reliance on energy, which accounts for 60 percent of its budget, and put...

  • Traders work the floor of the Dow Jones at the closing bell of the New York Stock Exchange.

    Discussing the current state of the markets with Michael Farr, Farr, Miller & Washington; Kenny Polcari, O’Neil Securities; and CNBC’s Rick Santelli.