GO
Loading...

Enter multiple symbols separated by commas

Economic Forecasting

More

  • *IMF warns Greece needs debt extension. July 2- U.S. stocks extended losses on Thursday after the International Monetary Fund warned Greece may need a large debt writeoff, and muted U.S. jobs data dampened the economic outlook. "The market seems to be paying more attention to what may happen with Greece as well as whether or not wage growth will pick up," said Omar...

  • *Warning that vote will decide Greece's future in Europe. ATHENS/ WASHINGTON, July 2- The International Monetary Fund delivered a stark warning on Thursday of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country's future in Europe. Days after Greece defaulted on part of its IMF debt, the Fund,...

  • US STOCKS-Wall St turns negative as IMF warns on Greece Thursday, 2 Jul 2015 | 12:13 PM ET

    *IMF warns Greece needs debt extension. July 2- U.S. stocks turned negative after the International Monetary Fund warned Greece may need a further large debt writeoff, and weak U.S. jobs data dampened the economic outlook. "The market seems to be paying more attention to what may happen with Greece as well as whether or not wage growth will pick up," said Omar Aguilar,...

  • MADRID— Prime Minister Mariano Rajoy has revised Spain's economic growth forecast upward for this year and next and said the improved circumstances allowed him bring forward a tax reduction plan. Rajoy said Thursday he could now bring forward by six months an income tax reduction plan he estimated will put 1.5 billion euros back into people's pockets.

  • LONDON, July 2- Euro zone inflationary pressures are at a four-year high, suggesting the European Central Bank's trillion-euro bond-buying program is working, an indicator designed to predict cyclical trends showed on Thursday. The Eurozone Future Inflation Gauge, a measure of the outlook for inflation published by the Economic Cycle Research Institute,...

  • *Index at 74.4 in June, lowest since May 2014; May was 75.6. BANGKOK, July 2- Thai consumer confidence slipped to a more than one-year low in June dampened by economic uncertainty, falling exports, low commodity prices and drought, a university survey showed on Thursday. The consumer confidence index of the University of the Thai Chamber of Commerce fell to 74.4 in...

  • *OPEC, U.S. output rises to multi-year highs. LONDON, July 1- Oil fell below $63 a barrel on Wednesday after Greece defaulted on its debt to the International Monetary Fund while U.S. and OPEC production hit new highs, prompting concern about risks to the economic outlook and ample supply. "The oil market is being literally flooded with OPEC crude oil at present," said...

  • LAUNCESTON, Australia, July 1- "New normal" is a term coined about China's transition to slower but hopefully more sustainable economic growth, but it can be equally applied to many commodity markets. The big picture is that Australia is receiving less money for its commodity exports, with the value dropping 11 percent to A $174 billion in the 2014-15 fiscal year...

  • BEIJING, July 1- Activity in China's manufacturing sector expanded slightly in June though not as much as expected, an official survey showed on Wednesday, offering some signs that the world's second-largest economy may be starting to level out after a raft of support measures. The flash HSBC/ Markit PMI released last week showed factory activity contracted...

  • 2nd half of the year: Rail stocks Tuesday, 30 Jun 2015 | 3:37 PM ET
    2nd half of the year: Rail stocks

    Why you should keep an eye on rail volumes in the second half of the year, with CNBC's Morgan Brennan.

  • IMF FORECASTS 2015 GHANA INFLATION AT 13-14 PCT VS PVS TARGET OF 12.5 PCT, SEES COUNTRY MEETING 2016 TARGET OF 8 PCT.

  • IMF HOLDS FORECAST FOR GHANA 2015 GDP GROWTH AT 3.5 PCT, SEES 2015 BUDGET DEFICIT AT 7.2 PCT VS PVS FORECAST OF 7.5 PCT.

  • OTTAWA, June 30- The Canadian economy unexpectedly shrank in April, hurt by weakness in the mining and oil and gas industries, a setback that bodes poorly for a second-quarter pick-up in growth that the Bank of Canada is looking for. While economists cautioned that it is still early, the figures raised the risk that the second quarter could contract as well, putting...

  • WRAPUP 1-U.S. pending home sales hit nine-year high Monday, 29 Jun 2015 | 11:02 AM ET

    WASHINGTON, June 29- Contracts to buy previously owned U.S. homes rose to their highest level in just over nine years in May, in a further boost to the housing market and the broader economic outlook. The National Association of Realtors said on Monday its Pending Home Sales Index, based on contracts signed last month, increased 0.9 percent to 112.6, the highest...

  • Following are news stories from the Bank for International Settlements' 85th annual report, in which the "central banks' central bank" warns of the financial and economic risks of keeping global interest rates too low. *Low rates fuel financial, growth instability: BIS. *Rising interest rates pose new risk for banks-BIS.

  • MEXICO CITY, June 26- Mexico expects a finalized 12- nation Pacific trade deal to double the country's agricultural exports to Japan's mostly-closed market, and the deal will likely be inked in the "next few weeks," a senior trade official said on Friday. The so-called Trans-Pacific Partnership, or TPP, would potentially cover 40 percent of the world economy and...

  • *EU's Tusk says "game nearly over" with Greece. *Greece faces default on Tuesday if no weekend deal. If Greece does not clinch an agreement at the weekend to unlock funds, it is set to default on an International Monetary Fund loan on Tuesday, possibly sparking a bank run, capital controls and raising doubts about its future in the euro zone.

  • Mauritius sees unemployment rate at 8 pct in 2015 Friday, 26 Jun 2015 | 5:27 AM ET

    PORT LOUIS, June 26- The unemployment rate in the Indian Ocean island nation of Mauritius is expected to rise to 8.0 percent this year from 7.8 percent in 2014 after an increase in the first quarter, official data showed on Friday. Statistic Mauritius said the unemployment rate jumped to 8.7 percent in the first three months of 2015 from 7.5 percent in the last...

  • *Both data due 2350 GMT June 28. TOKYO, June 26- Japan's factory output is forecast to have fallen in May but retail sales were expected to rise for a second straight month, a Reuters poll showed, highlighting an uneven economic recovery partly reflecting slack global demand. "Production adjustment is spreading among companies as inventory such as in the auto...

  • WASHINGTON, June 25- U.S. consumer spending recorded its largest increase in nearly six years in May on strong demand for automobiles and other big-ticket items, further evidence that economic growth was gathering momentum in the second quarter. "The robust rebound in spending provides some much needed confidence that the economic recovery is continuing to...