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Economic Forecasting

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  • BRUSSELS— The European Union has nudged up its forecast for economic growth across the 19- country eurozone despite a much gloomier outlook for Greece, which is struggling to get its hands on vital bailout cash it needs to pay off debts. It said the eurozone as a whole is benefiting from a number of factors, including lower oil prices, a steady global outlook, the...

  • Stocks see great start to May   Friday, 1 May 2015 | 1:33 PM ET
    Stocks see great start to May

    CNBC's Bob Pisani reports on trading in April, and how May is kicking off so far.

  • Weakening Q2 GDP forecasts   Friday, 1 May 2015 | 1:20 PM ET
    Weakening Q2 GDP forecasts

    CNBC's Steve Liesman checks on GDP forecasts for the second quarter.

  • Way to play May   Friday, 1 May 2015 | 1:04 PM ET
    Way to play May

    Discussing the best investment strategy now, with Stephen Wood, Russell Investments, and Sarat Sethi, Douglas C. Lane & Associates.

  • Nasdaq gains traction   Friday, 1 May 2015 | 1:02 PM ET
    Nasdaq gains traction

    CNBC's Kate Rogers reports on biotech's good day so far. Tesla is one of the biggest losers in the Nasdaq 100 today.

  • Dow triple digit surge   Friday, 1 May 2015 | 1:01 PM ET
    Dow triple digit surge

    CNBC's Bob Pisani reports on high volume ETFs to kick off May.

  • DETROIT, May 1- Fiat Chrysler Automobiles said on Friday it expects April U.S. auto industry sales to rise 6 percent from a year ago. Fiat Chrysler's U.S. sales rose 6 percent to 189,027 vehicles in April, missing expectations of nine analysts polled by Reuters. Economists polled by Thomson Reuters expected the annual sales rate in April to finish at 16.9 million...

  • Japanese stocks drifted lower Friday after weak U.S. earnings underlined an uncertain economic outlook and dented Wall Street. KEEPING SCORE: Japan's Nikkei 225 was down 0.4 percent at 19,431.52 while Australia's S&P/ASX 200 added 0.6 percent to 5,824.60. Most markets in Asia and Europe are closed for the holiday.

  • CANBERRA, May 1- There is no risk of Australia being stripped of its coveted triple-A credit rating, Treasurer Joe Hockey said on Friday, slapping down speculation the country might be downgraded for the first time in 26 years. Australia's net debt is forecast to rise to A $245 billion by the end of the fiscal year in June, but at 15 percent of gross domestic product it...

  • *Players reduce market exposure ahead of Japan's "Golden Week" Uncertainty on global economic outlook saps risk appetite. TOKYO, May 1- Japanese stocks on Friday fell to its lowest level in almost a month as traders reduced their exposure ahead of Golden Week holidays in Japan and as uncertainty around corporate earnings and global economic growth sapped...

  • NEW YORK/ LONDON, April 30- Gold fell 2 percent on Thursday after better-than-forecast U.S. jobs data encouraged investors to sell the traditional safe-haven market, reviving expectations the Federal Reserve could raise interest rates soon. Data on Thursday showed claims for state unemployment benefits declined 34,000 to a seasonally adjusted 262,000 for...

  • *Governor Kuroda to brief media 0630 GMT. TOKYO, April 30- The Bank of Japan trimmed its consumer price forecasts on Thursday and pushed back the timeframe to hit its ambitious inflation target but refrained from expanding its already massive stimulus programme, predicting a recovering economy will gradually nudge prices higher. It will keep increasing base...

  • *BOJ's semi-annual report due 0600 GMT. TOKYO, April 30- The Bank of Japan maintained its massive monetary stimulus on Thursday, holding off on additional easing for now on hopes that rising wages will spur spending and eventually nudge inflation towards its 2 percent target. Markets are now focusing on the central bank's semi-annual report on the economic and...

  • BOJ keeps policy steady, eyes on new CPI forecasts Thursday, 30 Apr 2015 | 12:07 AM ET

    TOKYO, April 30- The Bank of Japan maintained its massive monetary stimulus on Thursday, holding off on additional easing for now on hope that rising wages and an expected rebound in private consumption will nudge inflation towards its 2 percent target. As widely expected, the BOJ left unchanged its pledge to increase base money, or cash and deposits at the...

  • *Fed says economy slowdown is transitory. WASHINGTON, April 29- The Federal Reserve downgraded its view of the U.S. labor market and economy on Wednesday in a policy statement that suggested the central bank may have to wait until at least the third quarter to begin raising interest rates. The Fed's statement put in place a meeting-by-meeting approach on the...

  • *Policy decision seen 0300-0500 GMT, forecasts 0600 GMT. TOKYO, April 30- The Bank of Japan is expected to hold off on expanding monetary stimulus on Thursday despite trimming its inflation and growth forecasts, clinging to hope that rising wages will spur spending and keep the economic recovery on track. Japan is emerging from recession but at a snail's pace, as...

  • *Fed says economy slowdown is transitory. WASHINGTON, April 29- The Federal Reserve downgraded its view of the U.S. labor market and economy on Wednesday in a policy statement that suggested the central bank may have to wait until at least the third quarter to begin raising interest rates. The Fed's statement put in place a meeting-by-meeting approach on the...

  • NAIROBI, April 29- Kenya's economic growth eased to 5.3 percent in 2014 as tourism fell and agricultural output slowed, but should pick up this year, a minister said on Wednesday. Waiguru said an improving global economy, helped by lower oil prices, would help Kenya's economy. "This is expected to impact positively on Kenya's economic growth," she said, adding any...

  • KIEV, April 29- Ukraine's economy could return to growth next year and expand by 2 percent provided the separatist insurgency does not worsen and a banking crisis stabilises, the World Bank said on Wednesday. The World Bank expects Ukraine's economy to shrink 7.5 percent in 2015- in line with central bank forecasts- following a 6.8 percent contraction last year,...

  • DUBLIN, April 28- Ireland nudged up its growth forecasts for 2015 and 2016 on Tuesday, setting it up to remain the fastest-growing economy in the European Union as the government seeks to eliminate its budget deficit by 2018.. That marks a recovery from a high of 15 percent in 2012 when Ireland was in the middle of its three-year international bailout programme...