Forex news and forecasts archive for 2001-12-13

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from 2001

13/12/2001 08:27 GOOD MORNING !

13/12/2001 08:58 OUTLOOK ECB to sharply cut growth projections, but may still be overoptimistic

13/12/2001 08:59 JAPAN OCT CURRENT A/C SURPLUS 865.1 BLN YEN VS 758.6

13/12/2001 09:02 Calendar for December 13-14

13/12/2001 09:03 MOF'S SHIOKAWA SAYS JAPAN MUST TRY TO GUIDE YEN LOWER IF YEN BECOMES TOO STRONG

13/12/2001 09:12 NIKKEI 225 INDEX CLOSES DOWN 368.07 PTS AT 10,433.45

13/12/2001 09:13 : U.S. Leading Employment Index Points to Continued Weakness

13/12/2001 09:40 Japan current a/c surplus widens for 2nd month on overseas investment income

13/12/2001 09:48 SNB sets Lombard rate at 4.000 pct, unchanged

13/12/2001 09:50 Hayami - BoJ needs to continue easing to prevent deflationary spiral

13/12/2001 09:51 Forex - Yen weaker in midmorning Tokyo, retesting downside; euro/yen leads

13/12/2001 09:51 Forex - Australian dollar easier after unemployment data

13/12/2001 09:54 SWISS Q3 GDP UP ANNUALISED 0.1 PCT VS Q2

13/12/2001 09:59 OUTLOOK ECB to sharply cut growth projections, but may still be overoptimistic

13/12/2001 10:01 PAN-GERMANY OCT REAL RETAIL SALES +1.1% Y/Y, NOM. +2.4% Y/Y

13/12/2001 10:05 PAN-GERMANY OCT REAL RETAIL SALES +1.1% Y/Y, NOM. +2.4% Y/Y

13/12/2001 10:05 PAN-GERMANY JAN-OCT RETAIL SALES +0.4% REAL; +2.1% NOMINAL

13/12/2001 10:06 PAN-GERMANY NOV WPI -1.0% M/M, -1.9% Y/Y; OCT -1.1% Y/Y

13/12/2001 10:06 GERMANY NOV WPI RESULTS BELOW ALL MNI SURVEY FORECASTS

13/12/2001 10:06 GERMANY NOV WPI EX-OIL -0.6% M/M; -0.2% Y/Y; OCT. +0.8% Y/Y

13/12/2001 10:06 ACEA: W.EUROPE PROV NOV NEW CAR REGIS. +4.0% Y/Y; EU +3.7%

13/12/2001 10:46 FRANCE 3Q EMPLOYMENT REVISED DOWN TO +0.2% Q/Q, +2.3% Y/Y

13/12/2001 11:04 CAC-40 INDEX OPENS 4.94 PTS LOWER AT 4,505.74

13/12/2001 11:55 "Mr Yen" Says Yen Could Fall To Y140

13/12/2001 12:00 ECB CUTS EMU 2002 GDP GROWTH F'CAST TO 0.7-1.7% FROM 2.1-3.1%

13/12/2001 12:01 ECB SETS EMU 2003 GDP GROWTH F'CAST AT 2.0-3.0%

13/12/2001 12:01 ECB CUTS EMU 2002 HICP INFL. F'CAST TO 1.1-2.1% FROM 1.2-2.4%

13/12/2001 12:02 ECB SETS EMU 2003 HICP INFL. F'CAST AT 0.9-2.1%

13/12/2001 12:03 ECB CUTS EMU 2001 GDP GROWTH F'CAST TO 1.3-1.7% FROM 2.2-2.8%

13/12/2001 12:03 ECB LIFTS EMU 2001 HICP INFL. F'CAST TO 2.6-2.8% FROM 2.3-2.7%

13/12/2001 12:04 ECB F'CASTS ASSUME U.S. RECOVERY IN COURSE OF 2002

13/12/2001 12:05 ECB F'CASTS ASSUME WEAK JAPAN GROWTH IN 2002, MILD '03 REBOUND

13/12/2001 12:05 ECB:PRIV. CONSUMPTION SEEN MAIN CONTRIBUTOR TO EMU 2002-03 GDP

13/12/2001 12:05 ECB: CURRENT RATES 'APPROPRIATE' FOR MED-TERM PRICE STAB.

13/12/2001 12:06 ECB: CONDITIONS EXIST FOR GDP TO FIRM OVER COURSE OF 2002

13/12/2001 12:08 ECB: NO MAJOR EMU ECON. IMBALANCES NEEDING LENGTHY CORRECTION

13/12/2001 12:22 Forex - Euro rangebound in early London trade as market quiets down

13/12/2001 12:30 UK NOV RETAIL SALES VOLUMES UP 1.3% M/M; UP 7.1% Y/Y, SA

13/12/2001 12:30 UK SEP RETAIL SALES VOLUMES REVISED UP TO +0.5% M/M FROM +0.3%

13/12/2001 12:31 UK NOV RETAIL SALES ABOVE ALL FORECASTS IN MNI SURVEY

13/12/2001 12:31 UK NOV RETAIL SALES VOLUMES Y/Y RATE HIGHEST SINCE MAY 1988

13/12/2001 12:32 UK NOV RETAIL SALES VOLUMES M/M RATE HIGHEST SINCE JAN 2000

13/12/2001 12:32 LDN: MAR, JUN SHORT STG, MAR GILTS FALL ON STRONG UK RET SALES

13/12/2001 13:23 : Japan steps up weak yen campaign amid BOJ talk

13/12/2001 13:27 EU'S PRODI: The role of the euro is underestimated...

13/12/2001 14:00 UK CBI TRENDS: DEC TOTAL ORDERS BALANCE -34% VS -33% NOV

13/12/2001 14:01 UK CBI: DEC EXPORT ORDERS BALANCE -43% VS -50% NOV

13/12/2001 14:02 UK CBI: DEC AVERAGE PRICES BALANCE -29% VS -30% NOV

13/12/2001 14:02 UK CBI: DEC STOCKS BALANCE +26% VS +21% IN NOV

13/12/2001 14:04 HK-ECB'S DOMINGO SOLANS SAYS EUROZONE MONETARY CONDITIONS APPROPRIATE FOR GROWTH

13/12/2001 14:35 EU'S SOLBES: OPTIMISTIC ON EURO FX, EMU FUNDAMENTALS GOOD

13/12/2001 14:49 : Forex market outlook and key levels

13/12/2001 15:15 BoE says UK financial systems well placed to absorb unexpected losses

13/12/2001 15:50 WELTEKE: REPEATS THAT ECB RATES NOW APPROPRIATE

13/12/2001 15:50 WELTEKE: EXPECT CONTINUED DECLINE IN INFLATION IN 2002

13/12/2001 15:51 WELTEKE: HICP TO FALL BACK BELOW 2% IN 2002

13/12/2001 15:51 WELTEKE:CURRENT EMU M3 GROWTH POSES NO INFLATION RISK

13/12/2001 15:54 WELTEKE: BUT MUST WATCH FUTURE M3 GROWTH CAREFULLY

13/12/2001 15:54 WELTEKE: ECB MONETARY CONDITIONS NOW VERY ACCOMMODATIVE

13/12/2001 15:55 ECOFIN DRAFT ECON TEXT: NO CALL FOR FISCAL/MONETARY ACTION

13/12/2001 15:55 ECOFIN DRAFT: LOW WAGES HELPING TO DAMPEN INFLATION PROSPECTS

13/12/2001 15:55 WELTEKE: GERMAN ECONOMIC FUNDAMENTALS NOW FAVORABLE

13/12/2001 15:56 WELTEKE: CAUTIOUSLY OPTIMISTIC ON GERMAN ECONOMIC OUTLOOK

13/12/2001 15:57 WELTEKE: BUT GERMAN GROWTH IN 2002 TO BE RATHER MEAGER

13/12/2001 15:57 WELTEKE: CALLS FOR MORE GERMANY STRUCTURAL REFORMS

13/12/2001 15:57 WELTEKE: GERMAN 2002 DEFICIT SHOULD BE CLOSE TO 2.5% OF GDP

13/12/2001 15:57 WELTEKE:GIVEN DEFICIT RISE, GERMANY FISCAL POLICY EXPANSIVE

13/12/2001 15:58 WELTEKE: FISCAL POLICY MUST REMAIN GEARED TO STABILITY PACT

13/12/2001 16:05 CORRECT: WELTEKE: GERMANY 2001 DEFICIT TO BE CLOSE TO 2.5%/GDP

13/12/2001 16:27 WELTEKE: STILL HAVE 'REFORM LOGJAM' IN GERMANY, NEED PROGRESS

13/12/2001 16:28 REMSPERGER: GERMANY ECON. STAGNANT, AVOID WORD 'RECESSION'

13/12/2001 16:29 REMSPERGER: GERMANY GROWTH TO REMAIN WEAK IN 1Q

13/12/2001 16:32 *US JOBLESS CLAIMS -86K TO 394K DEC8 WK,LGEST DROP SINCE 8/92

13/12/2001 16:32 US INITIAL CLAIMS 4-WK AVG -12,000 TO 450,000 IN DEC 08 WEEK

13/12/2001 16:32 NOV US RETAIL SALES & FOOD SVCS -3.7%; EX-MOTOR VEH -0.5%

13/12/2001 16:32 OCT US SALES REV TO +6.4% (PREV +7.1%);EX-AUTO +0.8% (+1.0%)

13/12/2001 16:33 SEPT US SALES UNREVISED AT -2.2%; EX-AUTO UNREVISED AT -1.5%

13/12/2001 16:33 COMMERCE:NOV US RET SALES RECORD PCT DROP; OCT RECORD PCT RISE

13/12/2001 16:43 ECB MERSCH: CURRENT LEVEL OF EURO INTEREST RATES "APPROPRIATE"

13/12/2001 16:45 ECB MERSCH: EUROZONE NOT TECHNICALLY IN RECESSION

13/12/2001 16:45 ECB MERSCH: ALL ELEMENTS OF HICP MOVING TOWARDS PRICE STABILITY

13/12/2001 16:46 CORRECTS: MERSCH: CURRENT EURO LEVEL DOESN'T REFLECT ITS VALUE

13/12/2001 16:47 MERSCH: ECB MUST BE VIGILANT ON IMPORTED INFLATION RISKS

13/12/2001 17:27 IMF'S KOEHLER:EUROZONE ECON/MON. POLICIES NOT GLOBAL ENOUGH

13/12/2001 17:32 KOEHLER SEES GLOBAL RECOVERY IN MID-2002; US RECOVERY FROM 2Q

13/12/2001 21:35 US CEA'S HUBBARD:REPEATS,NOT TRYING TO PURSUE WEAKER YEN

13/12/2001 21:36 US CEA'S HUBBARD TO RPTRS:LATEST DATA MAY SHOW'TURNING POINT'

13/12/2001 21:37 US CEA'S HUBBARD:SIGNS IN Q4 DATA OF TROUGH IN RECESSION

13/12/2001 21:37 US CEA'S HUBBARD:MOST ECONOMISTS THINK RECESSION TROUGH IS Q4

13/12/2001 21:41 US CEA'S HUBBARD:RE YEN RPT,JPN GOVT,BOJ NEED TO DECIDE POLICY

13/12/2001 21:42 US CEA'S HUBBARD:ENRON SHOWS NEED FOR GREATER DISCLOSURE

13/12/2001 22:03 NOV FOMC FEARED INSUFFIC EASE MIGHT EXTEND CONTRACTION,DEFL

13/12/2001 22:03 FOMC NOV 6 MINUTES:3 WANTED 25 BP CUT,BUT ALL VOTED FOR 50 BP

13/12/2001 22:03 FOMC: CHOICE OF 25BP OR 50BP EASE 'CLOSE CALL' AT 11/6 MEET

13/12/2001 22:03 NOV 6 FOMC:LABOR MKT SLACK TO PUT DOWNWARD PRESSURE ON WAGES

13/12/2001 22:04 NOV 6 FOMC: TAX INCENTIVES 'KEY UNCERTAINTY' FOR BUS INV'MENT

13/12/2001 22:04 NOV 6 FOMC: STRENGTH, TIMING OF RECOVER' SUBJECT TO QUESTION'

13/12/2001 22:04 FOMC: FOMC SAW 'NO SIGN'NT EVIDENCE' ECON STABILIZING

13/12/2001 22:04 FOMC: THOSE WANTING 25 BP SAW POLICY 'ALREADY ACCOMMODATIVE'

13/12/2001 23:37 ECOFIN DRAFT STMT:ECB CAN CUT MORE IF CPI FALLS,WAGES MODERATE

13/12/2001 23:37 ECOFIN DRAFT STMT: MODERATE EMU UPSWING EARLY NEXT YEAR

13/12/2001 23:37 ECOFIN DRAFT STMT:LET AUTO STABILISERS WORK,KEEP DEFICIT LIMIT