Economic Forecasting


  • AMSTERDAM, April 24- The European Central Bank could embark on a broad-based asset buying plan if the euro zone inflation outlook worsens, ECB President Mario Draghi said, adding that a rise in the euro could also trigger policy action. The euro fell to $1.3815 after the release of Draghi's comments from around $1.3835 beforehand.

  • German business confidence rebounds in April Thursday, 24 Apr 2014 | 4:14 AM ET

    BERLIN— German business confidence has rebounded after dipping amid fears about the possible economic impact of the crisis in Ukraine. In March, the Ifo index slipped as uncertainty over the crisis in Ukraine and business ties with Russia weighed on companies' outlook.

  • SEOUL, April 24- South Korean steelmaker POSCO on Thursday cut forecast for sales and investment for this year after its first quarter profit missed estimates as China's slowing economy curbed demand for steel. POSCO cut its sales forecast for this year by around 2 percent to 30.3 trillion won from the previous 31 trillion won, it said in an earnings statement.

  • LIMA, April 23- Peru's finance minister said on Wednesday the government was cutting its view of economic growth for full year 2014 to 5.7 percent from its earlier estimate of 6 percent.

  • SEOUL, April 24- South Korea posted a seasonally adjusted quarterly economic growth of 0.9 percent in the January-March period led by exports and construction investment, the same as in the previous quarter, the central bank estimated on Thursday.

  • *Ukraine says' Easter truce' is over. LONDON, April 23- Brent crude oil edged higher above $109 a barrel on Wednesday after stronger-than-expected economic data from China and Europe reinforced the outlook for global demand growth, and as the unfolding crisis in Ukraine deterred sellers.

  • Japan inflation likely already beaten forecast: Kuroda Wednesday, 23 Apr 2014 | 12:00 AM ET

    Bank of Japan Governor Haruhiko Kuroda said consumer inflation may exceed the central bank's projection in the fiscal year that ended in March.

  • *Deputy governor says Japan can withstand tax hike pain. TOKYO, April 23- Bank of Japan Governor Haruhiko Kuroda said consumer inflation may exceed the central bank's projection in the fiscal year that ended in March, voicing confidence the world's third-largest economy continues to make headway in meeting its price target.

  • SINGAPORE, April 21- Shanghai copper futures dropped for a second session on Monday, hurt by persistent concerns over the outlook for demand in top consumer China amid a slowing economy. *The most-traded July copper contract on the Shanghai Futures Exchange was down 0.2 percent at 46,380 yuan a tonne by 0110 GMT.

  • General Electric predicts healthy China growth Friday, 18 Apr 2014 | 12:03 PM ET

    General Electric expects healthy growth in China this year, despite mounting concerns about the economy, its CFO said.

  • SAN FRANCISCO, April 17- Shares of Weibo Corp rose as much as 41 percent in their U.S. debut on Thursday, sweeping aside concerns that censorship in China will hurt the growth of the country's Internet sector and broader worries about the outlook for tech-sector stocks.

  • NEW YORK, April 17- U.S. Initial claims for state unemployment benefits ticked up 2,000 to a seasonally adjusted 304,000 for the week ended April 12, the Labor Department said on Thursday. The Philadelphia Federal Reserve Bank also said factory activity in the U.S. mid-Atlantic region picked up in April at a faster clip than expected.

  • Data compiled by Thomson Reuters shows that accumulation is happening mostly in Mexico, South Korea and Taiwan, which benefit from the U.S. economic recovery. India, Turkey, Brazil and South Africa bore the brunt of last year's emerging markets sell-off.

  • TOKYO, April 17- The Bank of Japan maintained its upbeat view on most of the country's regional economies, adding to reassurances from its governor that the world's third-largest economy can ride out the pain from a sales tax hike without additional stimulus.

  • AP Top Extended Financial Headlines At 9:19 a.m. EDT Wednesday, 16 Apr 2014 | 6:28 PM ET

    US stock indexes rise in pre-market trading on positive earnings from Pepsi, others Americans seeking weekly unemployment benefits rose to 304,000; still at pre-recession levels GE earnings lower because of NBC sale last year, outlook for economy positive PepsiCo quarterly profit beats expectations on stronger snack sales, cost cuts Goldman Sachs says first-quarter earnings fall 11 percent as fixed income trading slumps Mattel reports 1st quarter loss on weak sales of Barbie, weakness internationally Chipotle sales surge as more customers take a taste, but higher costs limit profit gains Target expands subscription service as it fends off Amazon.com in fight for online shoppers EU warns Russia of using gas supplies to Ukraine for political ends, urges stable supplies UnitedHealth's 1st- quarter profit tumbles 8 percent, insurer cites overhaul costs

  • *Rates on hold at 1 percent since September 2010.

  • *Data due at 10 a.m. local time/ 0200 GMT. BEIJING, April 16- China is expected to report its slowest growth in five years on Wednesday, a Reuters poll shows, with signs of waning strength in the first quarter of 2014 already prompting government action to steady the world's second-largest economy.

  • Where GDP stands     Tuesday, 15 Apr 2014 | 1:15 PM ET

    CNBC's Steve Liesman reports on current GDP standing forecasts, and what economic data investors should listen for this week.

  • *Analyst sentiment drops on Ukraine worries. BERLIN, April 15- German economic growth will accelerate this year to 1.8 percent and pick up again next year, the economy ministry said on Tuesday, although a closely watched survey showed Ukraine is weighing on the outlook for Europe's largest economy.

  • FOREX-Dollar holds firm, German ZEW could hurt euro Tuesday, 15 Apr 2014 | 3:30 AM ET

    *Some wariness about tensions in Ukraine. LONDON, April 15- The dollar climbed against a basket of major currencies on Tuesday, staying on firm footing after U.S. retail sales data the previous day signalled a brighter outlook for the U.S. economy.

Most Popular Video

Thursday, 24 Apr 2014 | 2:30 PM ET

Sell in May? It's an old cliché but the problem is it's sometimes right! But earnings keep rolling in better than expected. CNBC's Patti Domm explains.

Thursday, 24 Apr 2014 | 1:16 PM ET

Discussing whether boards of directors are necessary for companies, and the importance of them pushing back, with Stuart Grant of Grant & Eisenhofer, and Brad Feld, author of "Startup Boards."

Thursday, 24 Apr 2014 | 1:33 PM ET

CNBC's Diana Olick reports DR Horton announced a new bargain brand targeted at the entry-level buyer.