GO
Loading...

Economic Forecasting

More

  • LONDON, March 5- The Bank of England marked the sixth anniversary of the introduction of its lowest ever interest rate by standing pat once again on Thursday, but an improving economy suggests rates are likely to rise at some point over the next 12 months. While no economist polled by Reuters expects the Monetary Policy Committee to raise rates before a May 7...

  • LONDON, March 5- The Bank of England marked the sixth anniversary of its cutting interest rates to a record low by keeping them on hold once again on Thursday, but an improving economy suggests rates are likely to rise at some point over the next 12 months. While no economist polled by Reuters expects the Monetary Policy Committee will vote to raise rates before a...

  • BERLIN, March 5- German industrial orders fell far more than forecast in January, posting their largest drop since August, data showed on Thursday, casting a shadow over what had previously looked like a strong start to 2015 for Europe's largest economy. Bookings for goods made in Germany declined by 3.9 percent on the month after rising sharply in December, data...

  • *Ukraine parliament has okayed IMF-backed budget changes. *G7 powers see IMF board approving Ukraine bailout. IMF chief Christine Lagarde cautioned that what she called the "huge distraction" of fighting against pro-Russian rebels in eastern Ukraine complicated the provision of aid, but she was in no doubt that Kiev was now "really determined to reform."

  • Euro weakness, exports lift southern Europe car output Wednesday, 4 Mar 2015 | 11:25 AM ET

    *FCA is turning the corner in Europe, CEO Marchionne says. GENEVA, March 4- While southern Europe is experiencing at best a patchy economic recovery, the outlook for the region's car makers is a little less bumpy thanks to the weak euro, cheaper oil and labour reforms. At the Geneva auto show, industry executives have warned against overoptimism about what might yet...

  • *Saudi Arabia raises monthly prices for crude sales. LONDON, March 4- Brent crude oil extended losses to fall below $60 a barrel on Wednesday after a much larger-than-expected build in U.S. crude stocks, while Saudi Arabia's oil minister said he expected the market to balance itself and prices to recover. April Brent fell $1.46 to $59.56 by 1538 GMT, dropping below...

  • LONDON, March 4- Market bets on a revival of euro zone inflation are close to their highest this year as surprisingly strong economic data and imminent European Central Bank money printing ease fears of a deflationary spiral. This followed strong retail sales and data showing inflation in Germany, Spain and Italy may not turn out as low as previously expected.

  • EXCLUSIVE-India expects better monsoon rains this year Wednesday, 4 Mar 2015 | 7:25 AM ET

    NEW DELHI, March 4- India expects higher rainfall from the monsoon this year after patchy rains affected farm output last season, weather office sources told Reuters. If the outlook turns out correct, it will be another shot in the arm for Prime Minister Narendra Modi's efforts to revive the economy after the Reserve Bank of India unexpectedly cut its policy rate...

  • WASHINGTON— From the United States to Asia to Europe, a global economy that many had feared was faltering appears poised for a resurgence on the strength of cheap oil and falling interest rates. "The U.S. is doing well, you're getting a lot of good news in Europe," said Nariman Behravesh, chief economist at IHS Global Insight. Weaker growth in China has also hurt...

  • SHANGHAI, March 4- U.S. companies in China have a less rosy outlook for business conditions over the next five years due to a slowing economy, an "opaque" regulatory environment and rising domestic competition, a U.S. business lobby survey showed on Wednesday. The annual report by the American Chamber of Commerce in Shanghai- the self-dubbed voice of American...

  • DETROIT, March 3- Fiat Chrysler Automobiles on Tuesday reported that U.S. February sales rose 6 percent, which missed analysts' expectations and put into question the bullish outlook for monthly industry sales. The 48 economists polled by Thomson Reuters, on average, expected U.S.

  • ISTANBUL, March 2- Defending high interest rates is tantamount to treason, Turkish President Tayyip Erdogan warned at the weekend, and said the governor of the central bank and deputy prime minister in charge of the economy needed to "shape up." Deepening a standoff which has rattled investor nerves, Erdogan was quoted on Monday as saying he would hold talks with...

  • LONDON, March 2- Sterling fell on Monday, retreating from a seven-year high against the euro and an eight-week peak against the dollar as May's potentially unsettling general election clouded the outlook for the British currency. "The BoE has been reacting a little more hawkish to the recent better than expected UK economic data. This has lifted sterling back to...

  • MOSCOW, March 2- Russia's Finance Ministry has increased its forecast for the country's 2015 budget deficit to 3.8 percent of gross domestic product, a document seen by Reuters showed. The document also showed that the ministry sees the average rouble exchange rate at 61.5 roubles per dollar for 2015, in line with Economy Ministry forecasts.

  • Fantastic February, bulls March on?  Friday, 27 Feb 2015 | 1:12 PM ET

    The Nasdaq is up 7.5 percent in February, so what's in store for the markets in March? CNBC's Dominic Chu takes a look at how the markets are setting up for the new month.

  • WASHINGTON, Feb 27- U.S. economic growth braked more sharply than initially thought in the fourth quarter as businesses slowed their pace of stock accumulation and the trade deficit widened, but the underlying fundamentals remained solid. Gross domestic product expanded at a 2.2 percent annual pace, revised down from the 2.6 percent pace estimated last month,...

  • *Fourth-quarter growth revised down to 2.2 percent rate. WASHINGTON, Feb 27- U.S. economic growth braked more sharply than initially thought in the fourth quarter amid a slow pace of stock accumulation by businesses and a wider trade deficit, but the underlying fundamentals remained solid. Gross domestic product expanded at a 2.2 percent annual pace, revised...

  • *Dollar index eases from previous day's 1- month high. Jan CPI, durables goods data raise rate-hike bets. LONDON, Feb 27- The dollar index fell on Friday amid month-end selling but was still on track for a record eighth month of gains on better data and comments from Federal Reserve officials that bolstered bets for a rate rise later this year.

  • NEW DELHI— A government report says India's economy will grow more than 8 percent in the upcoming financial year and appears to have shaken off its persistent problems of high inflation, rising budget deficits and poor domestic demand. The Economic Survey, an annual report on the state of Asia's third-largest economy, said Friday that India appeared to have hit...

  • *Salesforce.com climbs after results, outlook. NEW YORK, Feb 26- U.S. stocks held near the unchanged mark on Thursday in the wake of a mixed bag of economic data, with the Dow and S&P 500 holding just off record highs while the Nasdaq advanced modestly. The market is "just digesting what we have already received and waiting for what is coming next week to find a better...