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Economic Reports Economic Forecasting

  • Closing Bell Exchange: Rotation still coming down the pike

    Discussing the current state of the markets with Rob Morgan, Sethi Financial Group; Steve Grasso, Stuart Frankel; and CNBC’s Rick Santelli.

  • LONDON, March 8- Britain has raised its official forecasts for economic growth for 2017 but lowered them for the following three years, finance minister Philip Hammond said on Wednesday in Britain's first full budget since the referendum decision to leave the European Union. Britain's economy had been expected to slow sharply after the Brexit vote in June.

  • YAOUNDE, March 8- Cameroon and the International Monetary Fund are considering a two-year aid programme for the Central African country to deliver sustained and inclusive economic growth. Cameroon, which produces oil, cocoa and coffee and is the largest economy in the region, has weathered the problems better than others and its medium term outlook is...

  • YAOUNDE, March 8- Cameroon and the International Monetary Fund are considering a two-year aid program for the Central African country to deliver sustained and inclusive economic growth. Cameroon, which produces oil, cocoa and coffee and is the largest economy in the region, has weathered the problems better than others and its medium term outlook is positive...

  • *Gold may stabilize in $1,210- $1,213/ oz support zone- technicals. *Holdings of New York's SPDR Gold Trust fall 0.45 pct on Monday. Federal Reserve Chair Janet Yellen last week said the central bank was poised to lift benchmark U.S. rates provided jobs and inflation data held up, comments seen as cementing plans for an increase at the Fed's March 14-15 meeting.

  • SAO PAULO/ NEW YORK, March 7- The Brazilian government sold $1 billion in a reopening of existing 10- year debt on Tuesday at a record low yield, a sign of investor optimism on the policy outlook for Latin America's largest economy. Brazil's National Treasury retapped the 6 percent, dollar-denominated bond due in April 2026 at a price of 107.213 cents on the dollar...

  • NEW YORK, March 7- Jeffrey Gundlach, chief executive officer at DoubleLine Capital, said on Tuesday he expects the Federal Reserve to begin a campaign this month of "old school" sequential interest rate hikes until "something breaks," such as a U.S. recession. Gundlach, who oversees more than $101 billion at Los Angeles- based DoubleLine, said U.S. economic data support...

  • Closing Bell Exchange: Playing both sides of the market

    Discussing the current state of the markets with Hank Smith, Haverford Trust; Steve Grasso, Stuart Frankel; and CNBC’s Rick Santelli.

  • LAGOS, March 7- Nigeria expects the economy to climb out of recession and grow 2.19 percent this year, the budget ministry said on Tuesday, unveiling a reform plan that includes selling assets and hiking a luxury goods tax. International lenders including the World Bank have urged it to present such a plan before granting the country a budget support loan.

  • SYDNEY, March 7- Australia's central bank held rates steady on Tuesday, a widely expected decision given policymakers recently signalled a steady outlook for much of the year ahead. Governor Philip Lowe remained optimistic about the economy as commodity prices jumped and global growth rebounded. Australia's A $1.7 trillion economy expanded 2.4 percent in...

  • Traders at 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.

  • ATHENS, March 6- Prime Minister Alexis Tsipras said on Monday Greece's economy was poised to show "exceptionally high" rates of growth, despite data showing that output had slumped more than expected in the fourth quarter of last year. Cyprus, another bailed-out member of the euro zone, expects growth of 2.8 percent. Tsipras's upbeat comments coincided with the...

  • ATHENS, March 6- Greek Prime Minister Alexis Tsipras said on Monday that the economy was turning a page and poised to show' exceptionally high' rates of growth, despite data showing output slumped more than expected in the fourth quarter of last year. Cyprus, another bailed-out member of the euro zone, expects growth of 2.8 percent. Tsipras's upbeat comments...

  • *Says political uncertainties cloud solid economic outlook. TOKYO, March 6- Dan Fuss, vice chairman of Loomis Sayles and one of the world's longest-serving fund managers, said on Monday he is more cautious on bonds than at any time since the 1970 s, as political uncertainties cloud an otherwise solid economic outlook. Fuss, 83, told Reuters in an interview said in...

  • NEW YORK, March 2- Wall Street pulled back from Wednesday's records, led by financials, while the dollar traded at a seven-week high on positive U.S. data and growing expectations the Federal Reserve will soon raise interest rates. Fed Chair Janet Yellen is set to speak on the economic outlook in Chicago on Friday in her last speech before the Fed's March 14-15...

  • Trader Jonathan Corpina calls out to a colleague as Snap Inc. makes its Wall Street debut on the floor of the New York Stock Exchange, Thursday, March 2, 2017.

    Discussing Snap's IPO process and how to approach it with the Closing Bell panel.

  • OTTAWA, March 2- Canada's economy grew at a faster pace than anticipated in the final quarter of 2016, lifted by consumer spending and a drop in imports, but the strong performance is not expected to prod the central bank to change its cautious stance on interest rates. Other aspects of Canada's economic health were not as strong as the overall growth figure...

  • *European stocks extend Wednesday's gains, Japan closes up. NEW YORK, March 2- Wall Street fell as investors took a breather on Thursday after a record day, while the dollar strengthened on positive U.S. data and growing expectations the Federal Reserve will raise interest rates this month. Fed Chair Janet Yellen is due to speak on the economic outlook in Chicago on...

  • *UK construction growth improves, driven by civil engineering. LONDON, March 2- Growth across Britain's construction industry picked up slightly in February, driven by the civil engineering sector, though a slowdown in new orders and soaring costs added to mixed signals for the economy, a survey showed on Thursday. Adding to the uncertain outlook, Travis Perkins,...

  • LONDON, March 2- Sterling slipped to a six-week low against the dollar on Thursday after data painted a mixed picture of Britain's economic outlook, with the construction industry picking up slightly in February but new orders slowing. Uncertainty over the prospects for Britain's economy as it breaks away from its main trading partner has wiped off almost a...