GO
Loading...

Economic Forecasting

More

  • ISTANBUL, Nov 21- Rating agency Standard& Poor's said on Friday it expected Turkey's current account deficit, its main economic weakness, to remain close to 5.3 percent of output until 2017, with falling oil prices helping the economy to rebalance. The agency, which affirmed its unsolicited BB+ rating, one notch below investment grade, said it saw elevated policy...

  • MEXICO CITY, Nov 21- Mexico's finance ministry. The weak data is the latest blow to President Enrique Pena Nieto, who faces rising protests over the apparent massacre of 43 trainee teachers as well as a conflict-of-interest scandal over a lucrative rail contract. Latin America's No. 2 economy has struggled to recover after shrinking last year in the second...

  • Analyst's long-term Gap strategy     Friday, 21 Nov 2014 | 11:26 AM ET

    Revenues at Gap came in short in its third quarter report. Roxanne Meyer, UBS retail analyst, thinks there are a host of catalysts that will boost Gap in the New Year.

  • Gap cuts full-year forecast     Friday, 21 Nov 2014 | 10:11 AM ET

    CNBC's Courtney Reagan provides insight to Gap's not so upbeat holiday forecast, and leadership changes at the retailer.

  • Big shift in apparel retail: Pro     Friday, 21 Nov 2014 | 10:11 AM ET

    Gerald Storch, Storch Advisors CEO, is seeing a shift towards value retailers in apparel.

  • Economists predict continued Michigan job growth Friday, 21 Nov 2014 | 9:37 AM ET

    ANN ARBOR, Mich.— Michigan's economy will continue to improve over the next two years after five years of steady job growth, University of Michigan economists said Friday in an annual forecast. Fulton, the director of the school's Research Seminar in Quantitative Economics, said there are "several positive story lines" when looking at Michigan's economy in...

  • Survey suggests economy still slow in rural areas Friday, 21 Nov 2014 | 9:33 AM ET

    OMAHA, Neb.— The economic outlook for rural areas of 10 states in the Plains and the West improved in November, but the monthly survey of bankers doesn't suggest much growth. Creighton University economist Ernie Goss says low grain and energy prices continue to limit the economy in rural areas. Bankers from rural areas of Colorado, Illinois, Iowa, Kansas, Minnesota,...

  • Greek budget forecasts strong growth next year Friday, 21 Nov 2014 | 6:48 AM ET

    ATHENS, Greece— Greece's government on Friday submitted its 2015 budget to Parliament, sticking with high-growth and low-deficit predictions that rescue lenders say are too rosy. The budget projects Greece's primary surplus— state income without taking into account interest payments on outstanding debt— will be 3 percent of gross domestic product.

  • LONDON, Nov 20- Nigeria will have to adjust to oil prices heading lower for some time to come, Finance Minister Ngozi Okonjo-Iweala said on Thursday in an interview in which she also cut the outlook for economic growth next year. Asked if she thought the 30 percent drop in crude prices since June might prove temporary, Okonjo-Iweala said Nigeria needed to adjust to...

  • NEW YORK, Nov 21- Big money to the Fed: You're going nowhere next year. Add in the risk of a recession in Europe, renewed recession in Japan and disappointing growth in China, and it all adds up to "later, lower, longer," says Prudential Investment's Greg Peters, effectively summing up the Fed outlook from the buy side. Peters, who oversees more than $534 billion of fixed...

  • 2014 Holiday retail winners     Thursday, 20 Nov 2014 | 2:18 PM ET

    Is retail different this year? David Schick, Stifel, discusses if retail can maintain its hot streak and reveals two retailers will win in 2014.

  • Pros excited for year-end action     Thursday, 20 Nov 2014 | 1:15 PM ET

    Discussing the upcoming holiday shopping season, and the best value in the market right now, with Nicholas Colas, ConvergEx Group, and Jerry Castellini, CastleArk Management.

  • LONDON, Nov 20- Copper slipped on Thursday as weak Chinese manufacturing data plus slower business growth in the euro zone raised concerns about global growth. Surveys showed euro zone businesses grew less quickly than any forecaster had expected while China and U.S. factories lost momentum. Copper trimmed its losses and other metals went into positive...

  • Stemberg's holiday forecast     Thursday, 20 Nov 2014 | 10:07 AM ET

    Discussing Best Buy's strong Q3, and whether the stars are aligning for retailers ahead of the holiday season, with former Staples CEO Tom Stemberg. Stemberg says Black Friday is the "biggest myth."

  • Annual forecast predicts more US economic growth Thursday, 20 Nov 2014 | 10:05 AM ET

    ANN ARBOR, Mich.— Economists at the University of Michigan say the U.S. economy will grow by more than 3 percent next year. University of Michigan economist Daniil Manaenkov says in a statement that "going forward, strong GDP growth supports steady employment gains." Manaenkov and colleague Matthew Hall of the Research Seminar in Quantitative Economics in the...

  • *Inflation among highest in emerging markets. ISTANBUL, Nov 20- The Turkish central bank kept interest rates on hold on Thursday and said it would keep monetary policy tight until the inflation outlook improves significantly, hinting that no cuts are likely until next year. The Istanbul stock index and 10- year benchmark bond were little moved.

  • *Ukraine losses in Q3 at 14.4 bln rbls. MOSCOW, Nov 20- Russia's second-largest bank VTB expects a tough end to the year after posting a 98 percent slide in third-quarter profit because of higher provisions for bad loans, an economic slowdown and losses over Ukraine. The state-controlled bank, which was sanctioned by the United States and European Union over...

  • LONDON/ BEIJING, Nov 20- Surveys sounded warning bells for the global economy on Thursday as euro zone businesses grew less quickly than any forecaster expected and China's factories lost momentum. Markit's Composite Flash Purchasing Managers' Index for November, based on surveys of thousands of companies and seen as a good growth indicator, fell to 51.4,...

  • LONDON, Nov 20- Euro zone business growth has been weaker than any forecaster expected this month and new orders have fallen for the first time in more than a year despite further price-cutting, a survey showed on Thursday. Markit's Composite Flash Purchasing Managers' Index, based on surveys of thousands of companies and seen as a good growth indicator, fell to...

  • HONG KONG, Nov 20- China's yuan slipped from a one-week high on Thursday as investors grew increasingly wary about the outlook for the currency and the economy after a private survey showed growth in the vast factory sector stalled in November. The flash HSBC/ Markit manufacturing purchasing managers' index fell to a six-month low of 50.0 from a final reading of...