GO
Loading...

Economic Forecasting

More

  • IMF sees uncertainty about path of oil prices Friday, 6 Feb 2015 | 7:00 AM ET

    WASHINGTON, Feb 6- Uncertainty over the future path of oil prices could throw a wrinkle into the International Monetary Fund's predictions for the global economy, its staff said in a note on Friday. The outlook for petroleum prices, which have decreased more than 50 percent in the last seven months, is likely to form the backdrop for the ministerial meeting of the...

  • *Copper on track for biggest weekly gain since early Aug 2013. LONDON, Feb 6- Copper edged lower on Friday, retreating from the previous session's gains, as the dollar firmed and investors awaited key U.S. labor market data for indications on the outlook for economic growth and monetary policy. "We expect global demand for copper to remain robust, with the exception...

  • DIARY- Top Economic Events to Feb 18 Thursday, 5 Feb 2015 | 7:01 PM ET

    NAPLES, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on monetary policy and the economic outlook before the Southwest Florida Business Leaders Luncheon- 1745 GMT. ROME- Conference on European financial architecture and the EU banking union with EU Parliament representative Roberto Gualtieri, ECB Supervisory Council...

  • Canada sees global economic risks ahead of G20 talks Thursday, 5 Feb 2015 | 11:47 AM ET

    OTTAWA, Feb 5- Canada sees a good deal of uncertainty and risk in the global economy as the Group of 20 leading economies head into ministerial talks in Turkey next week, a senior Canadian finance official said on Thursday.

  • DOHA, Feb 5- Bentley will likely see sales growth of its upscale autos in 2015 fall short of last year's level, a board member of the British marque told Reuters, as economic uncertainties and the slump in oil prices leave consumers more cautious about luxury purchases. But slower growth in China, fears of deflation in Europe, weak oil prices and the threat of Islamic...

  • UPDATE 1-Georgia may cut 2015 economic growth forecast Thursday, 5 Feb 2015 | 8:32 AM ET

    TBILISI, Feb 5- Economic growth in the former Soviet republic of Georgia should exceed 4 percent this year, its finance minister said on Thursday, indicating it will miss an official forecast of 5 percent. Like a number of other former Soviet states, Georgia's economy and its currency are suffering from the side-effects of a plunge in the Russian rouble and the...

  • *Q4 net profit $680 mln vs poll avg $720 mln. ZURICH, Feb 5- Swiss engineering group ABB took a cautious stance on earnings for the coming months after a strong U.S. dollar, sluggish global economy and a slide in oil prices caused it to miss expectations in the fourth quarter. Like rivals Siemens and Schneider Electric, ABB has been grappling with delayed capital...

  • LONDON, Feb 5- The Bank of England kept interest rates at a record low once again on Thursday, leaving investors waiting another week for an update on when they should expect borrowing costs to rise. Britain's plunging inflation rate and the likelihood that it will soon turn negative prompted two dissident BoE rate-setters to give up calling for an immediate...

  • *China cuts bank reserve requirement to spur growth. LONDON, Feb 5- Oil rose towards $55 a barrel on Thursday, recovering from part of the previous session's slide after China took steps to pour liquidity into the world's second-biggest economy, although traders and analysts said oil's outlook looked weak. The market gained support on Thursday from optimism...

  • *China's move on bank reserve pares safety bids for bonds. *Lower oil prices, report on Greece reduce market losses. Treasuries yields rose on Wednesday with benchmark yields hitting 1-1/ 2 week highs as encouraging economic data from Europe and the United States spurred selling of bonds for a second day.

  • One of Wall Street's biggest bulls stands firm  Wednesday, 4 Feb 2015 | 12:01 PM ET

    Tony Dwyer, Canaccord Genuity, shares his bullish outlook on the U.S. economy.

  • LONDON, Feb 4- Copper prices rose to a two-week high on Wednesday after top consumer China's central bank moved to add more liquidity to the economy, raising optimism about the outlook for growth. "This will give hope to the market that there is some stimulus on the way and that China is reacting to the weaker economic data by stimulating growth," said Gayle Berry,...

  • *Gold firm despite rising equities. SINGAPORE, Feb 3- Gold hovered above $1,270 an ounce on Tuesday as a wobbly outlook for the global economy burnished bullion's appeal as a safe-haven, with holdings at the top gold fund at their highest in four months. Gold was firm despite rising equities, suggesting an improved outlook for the metal which has climbed around 8...

  • MELBOURNE, Feb 3- London copper climbed on Tuesday on technical buying that traders expected to sputter out, after wobbly factory data in China and Europe fuelled deflation concerns that are further clouding the outlook for demand. *Three-month copper on the London Metal Exchange had climbed 0.5 percent to $5,525 a tonne by 0112 GMT, after closing the previous...

  • BOGOTA, Feb 2- Colombia's economy will probably grow slightly more in 2016 than the 3.6 percent predicted for this year, the central bank chief said on Monday. "The technical team is projecting 2016 growth figures a bit above those for 2015," Jose Dario Uribe told reporters after his quarterly presentation in Bogota. A nearly 60 percent drop since June in prices for...

  • WARSAW, Feb 2- Central European factory output jumped in January supported by falling oil prices and rising domestic demand, pointing to a stronger outlook for growth. The manufacturing PMI in Poland, the region's largest economy, rose to 55.2 last month, data compiled by Markit and HSBC showed, with the index posting its largest month-on-month increase since...

  • *Gold rose more than 8 percent in January. LONDON, Feb 2- Gold prices eased on Monday as buyers cashed in gains after the metal posted its biggest monthly rise in three years in January, but a shaky outlook for the global economy underpinned its appeal as a haven from risk. That rally was sparked by concerns over the European economy, after the Swiss National Bank...

  • BERLIN, Feb 2- Germany's current account surplus is likely to have hit a new record of $285 billion in 2014, beating China once more, its Ifo think-tank said on Monday in a report which may fuel criticism that Europe's biggest economy is not playing its part to reduce global imbalances. Ifo, which expects another big German surplus in 2015, said China was second...

  • *Gold gained over 8 pct in Jan, best month in 3 years. SINGAPORE, Feb 2- Gold steadied near $1,280 an ounce on Monday, after posting its biggest monthly gain in three years, as a shaky outlook for the global economy preserved bullion's safe-haven draw. Weekend data showed China's factory sector shrinking in January for the first time since 2012. This report came...

  • *Seiko Epson, Konica Minolta dive after earnings. TOKYO, Feb 2- Japanese share prices fell on Monday after economic data from the U.S. and China cast shadows on the global economic outlook, while shares in two printer manufacturers tumbled after their earnings disappointed investors. Printer maker Seiko Epson fell 10.6 percent and rival Konica Minolta dropped...