GO
Loading...

Economic Forecasting

More

  • SANTIAGO, July 22- The International Monetary Fund on Tuesday projected Chile's economic growth will pick up pace in 2015 and broadly welcomed President Michelle Bachelet's ambitious tax and education reforms. Chile's economy grew by 4.1 percent last year.

  • *Godwin Emefiele delivers first MPC decision as governor. ABUJA, July 22- Nigeria's new central bank governor said on Tuesday he favored a gradual reduction in interest rates over the next five years, but inflation risk meant there was no room to ease policy immediately.

  • *China output near record levels, CIS growth strong. China produces around half the world's steel, but output growth remained strong at 3.6 percent in North America and at 1.8 percent in the CIS- the third and fourth-largest producing regions after Asia.

  • SYDNEY, July 22- London zinc stretched its gains into a second session and hit its highest in almost three years on Tuesday while aluminum held near a 16- month peak as investors bought metals amid supply constraints and a brighter global growth outlook.

  • *Economists say Germany's fundamentals still solid. BERLIN/ FRANKFURT, July 21- The German economy probably stagnated in the second quarter in the face of political tensions abroad, the Bundesbank said on Monday, but chances are its recovery will not be held up for long by conflicts on the rim of Europe.

  • *Economists say Germany's fundamentals still solid. FRANKFURT, July 21- The German economy probably stagnated in the second quarter in the face of political tensions abroad, the Bundesbank said on Monday, but chances are its recovery will not be held up for long by conflicts on the rim of Europe.

  • FINANCE MINISTER SAYS ECONOMY CONTRACTED BY 5 PCT IN THE FIRST SIX MONTHS OF THE YEAR, SEES GDP FALLING BY 6.5 PCT THIS YEAR.

  • The loss of momentum in Germany, Europe's biggest economy, will concern policymakers who are watching for any impact on the bloc from the Ukraine crisis and Israel's ground offensive in Gaza. Economists polled by Reuters earlier this month expected second-quarter growth of 0.2 percent in Germany, followed by 0.5 percent in each of the following five quarters.

  • HONG KONG, July 21- China's yuan weakened against the dollar on Monday, extending last week's losing streak as investors judged the latest growth numbers would not trigger a fresh bounce in the currency in the near term as the broader economic outlook remains cloudy.

  • "People are starting to increase inventory to build for a better economy and a better outlook in quarters three and four," Richard Davis, chief executive of U.S. Bancorp, said after the bank reported earnings on Wednesday. U.S. Bancorp reported a 12.4 percent rise in commercial loans by volume for the quarter.

  • *Copper faces biggest weekly loss since early June. LONDON, July 18- Copper fell to a two-week low on Friday, and its weekly performance headed for the biggest drop in 18 weeks, on concerns about the Chinese property sector and an outlook for increased production. Copper has dropped nearly 3 percent this week, the biggest weekly drop since mid-March.

  • ROME, July 18- The Bank of Italy on Friday cut its estimate for 2014 growth to just 0.2 percent and warned that there was significant uncertainty about the outlook for the euro zone's third-largest economy.

  • LONDON, July 17- Political instability and a worsening economic outlook mean major emerging markets such as Argentina, Brazil and Russia are riskier places to invest, according to a closely watched index.

  • KIEV, July 18- The International Monetary Fund expects to decide within weeks on issuing the second tranche of a $17- billion bailout to Ukraine, whose economy is likely to contract by 6.5 percent this year, its Kiev mission chief said on Friday.

  • SINGAPORE July 17- Brent futures held above $107 a barrel on Thursday as a sharp drop in U.S. crude stockpiles and promising economic growth data from China indicated an improving outlook for demand in the world's top two oil consumers. Continued worries about the geopolitical situation in North Africa, the Middle East and Ukraine also underpinned oil prices.

  • Brent holds above $107 on US crude draw, China data Thursday, 17 Jul 2014 | 12:06 AM ET

    SINGAPORE July 17- Brent futures held above $107 a barrel on Thursday as a sharp drop in U.S. crude stockpiles and promising economic growth data from China indicated an improving outlook for demand in the world's top two oil consumers. Continued worries about the geopolitical situation in North Africa, the Middle East and Ukraine also underpinned oil prices.

  • *Gold rises after biggest two-day loss since October. *Gold fix moved to electronic platform possible. NEW YORK/ LONDON, July 16- Gold rebounded on Wednesday after two consecutive days of sharp losses, but a strong U.S. economic outlook and fears that the Federal Reserve could raise U.S. interest rates limited gains for the safe haven.

  • Latest Fed survey sees improved economy Wednesday, 16 Jul 2014 | 2:04 PM ET

    All 12 of the Fed's regions reported growth with five— New York, Chicago, Minneapolis, Dallas and San Francisco— characterizing growth as "moderate" while the others reported "modest" growth. Boston and Richmond reported that growth came in at a slightly slower pace than the previous reporting period.

  • AP Top Extended Financial Headlines At 1:17 p.m. EDT Wednesday, 16 Jul 2014 | 1:17 PM ET

    Rejected Fox bid for Time Warner underscores mood to consolidate When you die: Proposal gives loved ones access to online accounts unless will says otherwise Younger Americans wait to buy homes because of changes in marital status, education and race US stocks rise in midday trading on earnings reports; Time Warner soars on Murdoch bid Bank of America's income falls, takes $4 billion of litigation costs; Settles with AIG Once a niche market, locally grown foods are becoming a big business with government help BMW recalls 1.6 M 3- Series cars to fix air bag problem that's affecting global auto industry Confidence among US homebuilders surges as sales outlook for single-family homes improves US factory output rises for 5th straight month in June, boosting economy after dismal 1 Q US producer prices up 0.4 percent in June on rising gas costs; overall inflation still mild

  • AP Top Extended Financial Headlines At 12:10 p.m. EDT Wednesday, 16 Jul 2014 | 12:10 PM ET

    Murdoch's Twenty-First Century Fox says Time Warner rebuffed takeover bid; Worth about $76 B US stocks move higher on earnings reports; Time Warner soars on Murdoch bid Confidence among US homebuilders surges as sales outlook for single-family homes improves Younger Americans wait to buy homes because of changes in marital status, education and race Bank of America's income falls, takes $4 billion of litigation costs; Settles with AIG Workers, union seek to keep 3 endangered Atlantic City casinos open US factory output rises for 5th straight month in June, boosting economy after dismal 1 Q US producer prices up 0.4 percent in June on rising gas costs; overall inflation still mild Foreign holdings of US Treasury rise in May; China ups holdings for first time since January Airbus A380s tested over air leak problems with the doors