Economic Forecasting


  • AP Top Extended Financial Headlines At 4:27 a.m. EDT Thursday, 24 Jul 2014 | 4:27 AM ET

    World shares subdued despite China manufacturing as reports say EU mulls new Russia sanctions Nokia second-quarter profit up 20 percent to $285 million, company gives upbeat outlook Swiss drug maker Roche posts 7 percent profit drop amid strong franc, diagnostic charges European carriers suspend more Tel Aviv flights amid ongoing safety concerns Chairman of US meat supplier apologizes for China subsidiary at center of food scandal Facebook on a roll as 2nd- quarter earnings, revenue surpass expectations European Central Bank: contact data stolen in breach of website database security South Korea unveils stimulus plans as shock of ferry sinking slows growth $300 million later, Social Security trying to salvage computer system that doesn't work Spain's jobless rate edges down to 24.5 percent in second quarter as economy gains traction

  • *Asian growth outlook dims with feeble China, India recovery. BANGALORE, July 24- The outlook for emerging Asia has dimmed further this year on weak demand for exports, although growth in India is expected to accelerate into 2015 even as China is held back in part by a slowing property market, Reuters polls showed.

  • BANGALORE, July 24- India's economic growth will accelerate this fiscal year but economists in a Reuters poll trimmed their forecasts, tempering their optimism the first majority government in three decades would quickly bring in reforms and spur business investment.

  • TOKYO, July 24- Japan's economic recovery appears more fragile after a recent tax increase but the central bank looks less likely to ease policy, a Reuters poll showed, underscoring the uncertainty surrounding the world's third-biggest economy.

  • SEJONG, South Korea, July 24- South Korea unveiled stimulus measures on Thursday to prop up slowing economic growth, including plans to boost public spending by some $11 billion and ease mortgage borrowing rules.

  • *Japan logs record two full years of trade deficits. TOKYO, July 24- Japan's exports unexpectedly fell in June for a second straight month in a worrying signal that weak external demand could continue to drag on the economy's recovery from a sales tax rise.

  • July 23- Freeport-McMoRan Inc said on Wednesday it expects to "imminently" sign an agreement with Indonesia that would enable it to immediately resume copper concentrate exports which have been halted for more than six months. Indonesia introduced a mineral ore export ban and a steep export tax in January.

  • NEW YORK, July 23- U.S. long-term Treasury debt prices ended slightly lower on Wednesday in thin trading, but their near-term outlook remained positive on safe-haven demand as global tensions in the Middle East and Ukraine persisted. Treasuries maturing August 2022 through May 2024 as part of its economic stimulus program, also helped keep a lid on yields.

  • Pro confident market heads higher     Wednesday, 23 Jul 2014 | 3:57 PM ET

    Mark Martiak, Premier Wealth Management, is confident the market will go higher; and CNBC's Bob Pisani questions whether the market deserves a higher multiple.

  • WASHINGTON, July 23- The International Monetary Fund on Wednesday said it expects the U.S. economy to grow 1.7 percent in 2014, even more slowly than it predicted a month ago, as weakness in the first quarter offsets an expected pick-up in the second half of the year.

  • IMF sees US growth at weakest since recession Wednesday, 23 Jul 2014 | 11:46 AM ET

    WASHINGTON— U.S. economic growth this year will likely be at the weakest pace since the Great Recession ended, the International Monetary Fund said, mostly because of a sharp, weather-related contraction in the first quarter. That's below last year's 1.9 percent pace and would be the slowest annual rate since the recession ended in June 2009.

  • IMF snips U.S. 2014 growth forecast to 1.7 percent Wednesday, 23 Jul 2014 | 11:30 AM ET

    WASHINGTON, July 23- The International Monetary Fund on Wednesday said it expects the U.S. economy to grow even more slowly this year than it predicted a month ago due to weakness in the first quarter. The IMF said the world's largest economy should grow 1.7 percent in 2014, below its June prediction of 2 percent growth.


  • July 23- Freeport-McMoRan Inc said Wednesday it expects to sign a memorandum of understanding with Indonesia "imminently" and the agreement would immediately allow it resume copper concentrate exports, which have been halted for more than six months.

  • BEIJING, July 23- China may see more capital inflows in the rest of 2014 after experiencing some money flight in recent months, the country's foreign exchange regulator said on Wednesday, as the yuan recovers due to improved confidence in the economy.

  • BEIJING, July 23- China saw some capital outflows in the second quarter, the country's foreign exchange regulator said on Wednesday, adding that the yuan is now recovering as the economy stabilises.

  • DIARY - Emerging Markets Economic Events to Aug 5 Tuesday, 22 Jul 2014 | 8:02 PM ET

    July 23- For other related diaries, please. WARSAW- Central Bank of Poland Marek Governor Belka speaks in parliament. MEXICO CITY- IMF presents its latest World Economic Outlook report- 1400 GMT.

  • 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.