Mark Vitner, managing director and senior economist at Wells Fargo Securities, discusses the Fed minutes ahead of their release and U.S. inflation.» Read More
PARIS, Aug 14- France slashed on Thursday its growth forecasts for both 2014 and 2015 and said it would miss its public deficit target this year, urging its European peers and their central bank to take steps to boost faltering growth and head off deflation.
*June core orders +8.8 pct m/m vs +15.3 pct forecast. TOKYO, Aug 14- Japan's core machinery orders tumbled in April-June at their fastest since the last global financial crisis and only a modest rebound is seen in the current quarter- further challenging policymakers contending with a fragile economy.
Eswar Prasad, Senior Professor of Trade Policy at Cornell University, outlines the crucial factors that will help the Reserve Bank of India bring down retail inflation to 6 percent.
MEXICO CITY, Aug 13- Mexico's central bank trimmed its 2014 growth forecast on Wednesday, blaming a sluggish economy that bodes for steady borrowing costs well into next year. Mexico's economy is on track to post weaker than expected growth for the second year in a row.
BEIJING, Aug 13- China's economy showed further signs of softening in July despite a burst of government stimulus measures, suggesting more policy support may be needed to keep growth on track. Data earlier on Wednesday showed the amount of money flowing into China's economy slowed to the lowest level in nearly six year, adding to worries about the outlook.
Devika Mehndiratta, Regional Economist at ANZ, says markets need to temper their optimism on India as inflation remains a tricky issue for the country.
MOSCOW, Aug 12- Russia appears for now to have escaped an economic contraction, but recession is still likely in the second half of the year as western sanctions over Ukraine bite, analysts warn.
SYDNEY, Aug 12- London copper steadied on Tuesday not far from six-week lows, as worries eased over geopolitical tensions in Iraq and Ukraine that could hold back global growth and dent the demand outlook for metals.
Sajjid Chinoy, India Economist at JP Morgan, says India could see an ugly inflation picture in July on the back of surging food prices.
Vishnu Varathan, Senior Economist at Mizuho Bank, discusses his estimates for India's consumer price inflation for July and industrial output for June, which are both due late Tuesday.
SYDNEY, Aug 12- London copper was trading a well worn range on Tuesday, underpinned by Chinese buying at the lower end, but capped by concerns over global growth as well as geopolitical tensions in Iraq and Ukraine. *The most-traded October copper contract on the Shanghai Futures Exchange eased 0.1 percent to 49,870 yuan a tonne.
Soaring prices underscore the inflation risk in India, which remains a headache for policymakers who will release data on consumer prices this week.
Praveen Jagwani, CEO of UTI International Singapore, expects the recent rise in food inflation to have a knock-on effect on July's consumer price index.
Safe-haven assets such as U.S. Treasurys and bunds may be rising amid increased geopolitical risks, but some believe it isn't a flight-to-safety bid.
NEW YORK, Aug 11- The euro fell against the dollar on Monday, giving up Friday's gains, hampered by looming monetary easing from the European Central Bank and worries about the impact of the Russia- Ukraine conflict on Germany, the euro zone's largest economy. Germany is Russia's largest trading partner in the European Union.
NEW YORK, Aug 11- The euro slid against the dollar on Monday, giving up Friday's gains, hampered by looming monetary easing from the European Central Bank and worries about the impact of the Russia- Ukraine conflict on Germany, the euro zone's largest economy.
Louis Kuijs, Chief Economist at RBS, says China's inflation data play a smaller role than debt levels in determining whether the People's Bank of China takes on easing measures.
Jian Chang, Chief China Economist at Barclays, says the rise in China's consumer inflation remains below the government's target and explains whether that will spur further easing from the central bank.
CNBC's Rick Santelli discusses bond prices and yields.
CHAMPAIGN, Ill.— Illinois consumers spent more in 2010, just a year after the worst of the Great Recession, than they had in the years before the economic downturn, according to new data released Thursday by the U.S. Bureau of Economic Analysis.