GO
Loading...

Economic Forecasting

More

  • BEIJING, Dec 3- China's services sector grew slightly faster in November, two surveys showed on Wednesday, a welcome respite to a run of underwhelming data but still unlikely to allay concerns about the softening Chinese economy. A separate services PMI published by HSBC/ Markit inched up to 53.0 last month from October's 52.9, as new orders rose at their quickest...

  • Dollar extends gains, hits fresh 7-year high vs yen Tuesday, 2 Dec 2014 | 7:56 PM ET

    SINGAPORE, Dec 3- The dollar surged to a fresh seven-year high against the yen on Wednesday, after U.S. bond yields rose the previous day and as Federal Reserve officials this week painted a mostly rosy outlook for the U.S. economy. The dollar rose to 119.33 yen on trading platform EBS at one point, its highest level since August 2007. The greenback last traded at...

  • DIARY -Top economic events to Dec 15 Tuesday, 2 Dec 2014 | 7:01 PM ET

    CHARLOTTE, United States- Federal Reserve Bank of Philadelphia President Charles Plosser speaks on the economic outlook before the Charlotte Economics Club- 1730 GMT. WASHINGTON- Federal Reserve issues the Beige Book of economic condition- 1900 GMT. WASHINGTON- Federal Reserve Board Governor Lael Brainard and former Federal Reserve vice chair Donald Kohn...

  • SYDNEY, Dec 3- The dollar hovered at a seven-year high against the Japanese yen early on Wednesday, following a broad rally overnight, thanks in part to a big rise in U.S. yields as the economic outlook there outshone most of its rich world peers. The dollar traded at 119.22 yen, after reaching 119.29, a high not seen since August 2007. The greenback also gained on the...

  • Energy patch grows despite oil's tank  Tuesday, 2 Dec 2014 | 4:02 PM ET

    Digging into the market impact of lower oil, with Jeff Saut, Raymond James; "Fast Money" trader Jon Najarian; and CNBC contributor Carol Roth.

  • Energy stocks ignore oil dip  Tuesday, 2 Dec 2014 | 3:53 PM ET

    Discussing the action in energy stocks, and Germany's intraday market high today, with Terry Dolan, Benjamin & Jerold, and CNBC's Bob Pisani.

  • CHICAGO, Dec 2- U.S. chief executive officers are more pessimistic about their spending plans and the outlook for the economy, but are more bullish on their hiring prospects, according to a quarterly survey from the Business Roundtable released on Tuesday. "The economy ended the year essentially where it started- performing below its potential," Randall...

  • US CEOs gloomier on spending, more bullish on hiring Tuesday, 2 Dec 2014 | 11:05 AM ET

    CHICAGO, Dec 2- U.S. chief executive officers are more pessimistic about their spending plans and the outlook for the economy, but are more bullish on their hiring prospects, according to a quarterly survey from the Business Roundtable released on Tuesday. "The economy ended the year essentially where it started- performing below its potential," Randall...

  • SANTIAGO, Dec 2- The United Nations' body for Latin American and the Caribbean expects growth in the region to improve to 2.2 percent after just 1.1 percent growth this year, its weakest performance since the 2009 financial crisis, it said on Tuesday. "This moderate rise will take place in the context of a slow and heterogenous recovery in the world economy," said the...

  • RUSSIAN FINANCE MINISTRY SAYS FORECAST FOR 2015 AVERAGE OIL PRICE OF $80 PER BARREL SEEMS CORRECT, AT THAT PRICE MINISTRY EXPECTS GDP CONTRACTION IN LINE WITH ECONOMY MINISTRY FORECAST.

  • By Vladimir Abramov and Lidia Kelly. MOSCOW, Dec 2- The Russian rouble gave up early gains on Tuesday after the Economy Ministry said it expects a recession next year and sees the currency remaining weak. But the Economy Ministry said that lower oil prices and sanctions imposed on Moscow over its role in the Ukraine conflict will cause gross domestic product to...

  • MOSCOW, Dec 2- Russia's economy is likely to contract by 0.8 percent in gross domestic product terms next year, a deputy economy minister said on Tuesday, indicating a significant downward revision from the ministry's earlier forecast of 1.2 percent growth. The ministry also cut its forecast for the average oil price next year to $80 per barrel from the earlier...

  • RUSSIAN ECONOMY MINISTRY SEES GDP FALLING 0.8 PCT IN 2015 VS EARLIER FORECAST OF 1.2 PCT GROWTH- DEP ECON MINISTER.

  • Morgan Stanley trims Apple  Monday, 1 Dec 2014 | 12:22 PM ET

    Adam Parker, Morgan Stanley, responds to news his firm trimmed 1 percent of its Apple position, and is having trouble finding opportunities in tech.

  • Morgan Stanley's 2015 targets  Monday, 1 Dec 2014 | 12:20 PM ET

    Discussing current market opportunities in energy, with Adam Parker, Morgan Stanley U.S. equity strategist. Parker says his firm thinks the Fed hikes rates in early 2016, instead of the consensus view of mid-2015.

  • Cuban GDP growth forecast at 4 percent for 2015 Monday, 1 Dec 2014 | 8:53 AM ET

    HAVANA, Dec 1- Cuba's gross domestic product was likely to grow 1.3 percent in 2014, and GDP growth for next year was projected at 4 percent, officials said on Monday. The 2014 projection was down from an original target of 2.2 percent and down slightly from a midyear revision to 1.4 percent, the official newspaper Granma said, citing Economy Minister Marino...

  • NICOSIA, Dec 1- Bailed-out Cyprus is expected to return to growth in 2015, while capital controls imposed during a chaotic bailout in 2013 could be completely dismantled soon, its central bank governor said on Monday. Cyprus slipped into recession in 2011. Data in November showed the economy shrinking by an annual 2.2 percent in the third quarter, from 2 percent...

  • NICOSIA, Dec 1- Cyprus is expected to return to growth in 2015 and this year's slowdown should be shallower than expected, its central bank governor said on Monday. "I'm optimistic 2015 will be a year where Cyprus will return to growth, the signs of recovery are faster," Georghadji, who also represents Cyprus on the Governing Council of the European Central Bank, told...

  • *Iran badly hurt by tumbling oil prices. DUBAI, Dec 1- Iran's economy minister cautioned against "frenzied behaviour" on Monday after Iranians sold rials for foreign currency over the weekend amid plunging oil prices and the prospect of several more months of economic sanctions. The rial has been hit by what OPEC member Iran sees as twin disappointments-- a dip in...

  • BEIJING, Dec 1- Growth in China's factory sector slowed more than expected in November, a government study showed on Monday, underlining the challenges facing the sector as manufacturers fight rising costs and softening demand in a cooling economy. China's economy grew 7.3 percent in the third quarter of this year, its slowest pace since the global financial...