GO
Loading...

Economic Forecasting

More

  • Survey: German consumer confidence stabilizes Friday, 24 Oct 2014 | 2:48 AM ET

    BERLIN— A survey finds that a downward trend in German consumer confidence has come to an end, despite cooler growth prospects for Europe's biggest economy. The government and economists have cut their growth forecasts for Germany after a string of disappointing industrial data for August. It cautioned that consumer confidence would likely be affected if...

  • S.Korea Q3 GDP grows s/adj 0.9 pct, matches forecasts Thursday, 23 Oct 2014 | 7:00 PM ET

    SEOUL, Oct 24- South Korea's economy grew a seasonally adjusted 0.9 percent in the third quarter of the year over the previous three months and matched market expectations, the central bank's estimates showed on Friday, underpinned by domestic consumption and construction investment. On an annual basis, Asia's fourth-largest economy expanded 3.2 percent in...

  • Caterpillar Inc and 3 M Co, both Dow components, reassured investors that multinationals can deliver solid earnings despite concerns about global economic growth. Shares of Caterpillar, which raised its full-year earnings outlook, rose 4.9 percent, while 3 M shares jumped 5.7 percent. "If we're looking at headwinds like currency and slowing global growth,...

  • Gauge of US economy posts solid 0.8 percent gain Thursday, 23 Oct 2014 | 10:16 AM ET

    WASHINGTON— A gauge designed to predict the economy's future health posted a solid increase in September after no gain in the previous month. Economists expect that continuing strong gains in employment should boost incomes and help support solid economic growth in the United States in coming quarters despite a weaker outlook overseas.

  • DIARY - Top economic Events to Nov 4 Wednesday, 22 Oct 2014 | 8:01 PM ET

    Treasury Under Secretary David Cohen speaks on "Disrupting ISIL's Money Trail" before the Carnegie Endowment for International Peace in Washington- 1400 GMT. LONDON- Bank of England Deputy Governor Ben Broadbent gives a speech on monetary policy outlook to Society of Business Economists- 0805 GMT. OTTAWA- Bank of Canada Governor Stephen Poloz and Senior...

  • US consumer prices rose 0.1 percent in September Wednesday, 22 Oct 2014 | 8:32 AM ET

    WASHINGTON— U.S. consumer prices edged up slightly in September, with the overall increase held back by a third straight monthly decline in gasoline prices. Consumer prices rose 0.1 percent after having falling 0.2 percent in August, the Labor Department reported Wednesday. "The softer inflation outlook gives more ammunition to those Fed officials who would...

  • *Gold outlook bolstered by uncertainty over growth. LONDON, Oct 22- Gold eased on Wednesday from the previous day's 6- week peak as the dollar rose to a one-week high against a basket of currencies, with signs of softening physical demand also pressuring the metal. Prices were supported however by worries over the outlook for the global economy, heightened this...

  • *Orders rise 24 pct to $11.2 bln vs $10.1 bln poll f'cast. ZURICH, Oct 22- Swiss engineering group ABB posted a bigger-than-expected rise in third-quarter orders, helped by demand from the oil and gas industries, but said the outlook for the global economy was increasingly uncertain. The Zurich- based firm showed encouraging signs of increased order momentum at...

  • *China Q3 growth slowest since 2009 but less weak vs forecast. NEW YORK, Oct 21- U.S. Treasuries prices fell on Tuesday as less worrisome data on China and a report on the European Central Bank possibly moving to buy regional corporate bonds allayed some concerns about the global economy and reduced safe-haven bids for low-risk government debt.

  • SYDNEY, Oct 21- London copper edged up on Tuesday as hopes grew of more stimulus measures from China after the top consumer of the metal reported a slowing of third-quarter economic growth to its weakest since the 2008/ 09 global financial crisis. "The data looks in line with our central case, which is continued moderation in China's growth outlook, but still on an...

  • UPDATE 4-Oil slips below $86 on global oversupply Monday, 20 Oct 2014 | 7:58 AM ET

    *OPEC ministers due to meet in Vienna on Nov. 27. Abundant global oil supplies, particularly of very high quality, light oil, coupled with a gloomy economic outlook from Europe to China pushed Brent last week below $83, to its lowest since 2010. Oil prices are down more than 25 percent since June. Saudi Arabia, Kuwait and Iran have all indicated reluctance to change...

  • Japan leads Asia stocks higher after US rebound Sunday, 19 Oct 2014 | 11:48 PM ET

    Asian stock markets rose Monday, led by a 3 percent surge in Japan, as nerves about the outlook for the world economy steadied after big gains on Wall Street. KEEPING SCORE: Japan's Nikkei 225 soared 3.3 percent to 15,018.55, helped in part by exporter stocks as the dollar resumed its rise against the yen. South Korea's Kospi was up 1.5 percent at 1,928.95 and Hong...

  • German finance chief: confident on balanced budget Sunday, 19 Oct 2014 | 6:17 AM ET

    Chancellor Angela Merkel appears determined to stick to plans to get by without new borrowing next year for the first time since 1969, though Germany's growth outlook has weakened and Berlin faces calls from abroad to pump money into the economy. The French ministers were quoted as suggesting to the German daily Frankfurter Allgemeine Zeitung that Germany...

  • *Bank of Canada to hold rates until Q3 2015. TORONTO/ BANGALORE, Oct 17- Inadequate growth in exports and business investment in Canada and a weak outlook for the global economy are likely to keep the Bank of Canada from raising rates before the second half of next year, a Reuters poll found. "It just makes for a very jittery market and that's just going to embolden the...

  • NEW YORK, Oct 17- U.S. That yield peak came after news the Thomson Reuters/ University of Michigan index of consumer sentiment unexpectedly rose in early October to more than a seven-year high. "The strong consumer confidence number, combined with yesterday's healthy drop in jobless claims, and the' don't end quantitative easing now' talk by Fed Governor Bullard, is...

  • Economist sees taper slowing     Friday, 17 Oct 2014 | 1:09 PM ET

    CNBC's Steve Liesman reports Maury Harris, an economist at UBS thinks the Federal Reserve will slow the taper.

  • MOSCOW, Oct 17- Investment by Russian companies fell sharply in September and real wages declined, underlining the gloomy outlook for an economy under pressure from Western sanctions. "The data looks weak, given the fact that investment is in contraction mode," said Dmitry Polevoy, economist at ING. Investment has fallen every month this year except June,...

  • *Platinum, palladium recover after sharp losses. LONDON, Oct 17- Gold inched down on Friday as shares rebounded, but was still set for a second straight weekly gain as concerns over the global economy have raised speculation the U.S. "Gold has had a good week because just about everything else has had a bad week.

  • LONDON, Oct 17- Britain's economic recovery might stall if interest rates rise too soon, the Bank of England's chief economist said on Friday as he offered the strongest signal yet that the bank is prepared to delay increases in borrowing costs. Andrew Haldane said he was more downbeat about the outlook for the economy, given weaker global growth, greater...

  • *Platinum, palladium recover after sharp losses. LONDON, Oct 17- Gold edged down on Friday as shares rebounded, although it was set for a gain for a second straight week as concerns over the global economy raised speculation the U.S. "There has been a move down in the dollar and equities this week, but in comparison the upside in gold has been relatively modest," ABN Amro...