Forex news and forecasts archive for 2001-12-18

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from 2001

18/12/2001 08:20 GOOD MORNING !

18/12/2001 09:05 NIKKEI 225 INDEX CLOSES UP 108.02 PTS AT 10,432.17

18/12/2001 09:06 Asia Forex: Dollar Hits New Three-Year High Versus Yen

18/12/2001 09:07 Japan Oct leading index revised to 16.7 pts from 14.3

18/12/2001 09:10 Forex - Yen extends fall in midafternoon Tokyo trade on Shiokawa comments

18/12/2001 09:10 Takenaka sees GDP growth around zero next FY

18/12/2001 09:11 Shiokawa - Govt hopes BoJ raises current-account reserves to over 14 trln yen

18/12/2001 09:12 DOLLAR HITS FRESH 38 MO HIGH AGAINST YEN ABOVE Y128.45

18/12/2001 09:42 Calendar for 18-19th of December

18/12/2001 10:46 FRANCE OCT SA TRADE SURPLUS E1.95 BN VS SEPT SURPLUS E619 MN

18/12/2001 11:11 Italy Nov NIC index up 0.2 pct from Oct; up 2.4 pct yr-on-yr

18/12/2001 12:13 GERMANY ICON CONSUMER SENTIMENT FALLS TO 87 IN NOV VS OCT 92

18/12/2001 12:15 GERMANY ICON CONSUMER SENTIMENT INDEX LOWEST SINCE JAN. 1998

18/12/2001 12:24 HWWA INSTITUTE:GERMANY GDP +0.6% IN 2001; +0.7% '02;+2.8% '03

18/12/2001 12:25 HWWA INSTITUTE:GERMANY GDP +0.6% IN 2001; +0.7% '02;+2.8% '03

18/12/2001 12:25 HWWA INSTITUTE:GERMANY DEFICIT 2.7% IN 2001; 2.6% '02; 2.2% '03

18/12/2001 12:27 : Yen takes another pounding as BOJ under pressure

18/12/2001 12:30 : Forex market outlook and key levels

18/12/2001 14:00 EMU NOV HICP UNREVISED AT -0.1% M/M, +2.1% Y/Y; OCT +2.4% Y/Y

18/12/2001 14:01 EMU NOV EX-FOOD/ENERGY HICP +0.1% M/M, +2.2% Y/Y;OCT +2.2% Y/Y

18/12/2001 14:03 EMU OCT ADJ. INDUSTRY OUTPUT -1.4% M/M, -2.7% Y/Y

18/12/2001 15:02 USTR ZOELLICK: STEEL SAFEGUARDS DECISION ANNOUNCED EARLY 2002

18/12/2001 15:06 EU'S LAMY: EU WON'T MAKE STEEL OUTPUT CUTS 'FOR FREE'

18/12/2001 15:11 USTR ZOELLICK: SUPPORT STEEL SAFGUARDS IF WITH IND RESTRUCTURE

18/12/2001 15:13 USTR ZOELLICK: SUPPORT STEEL SAFGUARDS IF WITH IND RESTRUCTURE

18/12/2001 15:13 USTR ZOELLICK: IF EURO STRONGER, TRADE BALANCE MIGHT IMPROVE

18/12/2001 16:34 US Nov housing starts up 8.2 pct to 1.645 mln units from Oct

18/12/2001 16:35 *US OCT HOUSING STARTS REVISED TO 4.0 PCT FALL FROM FALL 1.3

18/12/2001 16:57 US REDBOOK STORE SALES -4.6% DEC 2001 VS NOV THRU DEC 15 WK

18/12/2001 16:57 REDBOOK: US STORE SALES -1.2% IN DEC 15 WEEK VS YR AGO WEEK

18/12/2001 16:57 REDBOOK: US STORE SALES -1.1% DECEMBER 2001 VS DECEMBER 2000

18/12/2001 17:00 BTM-UBSW:US SAME-STORE SALES -0.5% DEC15 WK VS -0.4% DEC08

18/12/2001 17:00 BTM-UBSW:US SAME-STORE SALES +3.0% WK ENDED DEC15 VS YR-AGO WK

18/12/2001 17:01 BTM-UBSW: DEC15 WEEK RETAILERS SALES 'MIXED RELATIVE TO PLAN'

18/12/2001 17:19 ECOFIN'S REYNDERS: V. POSITIVE RESPONSE TO EURO INTRO SO FAR

18/12/2001 17:19 REYNDERS: MUST ENHANCE MUTUAL EMU BUDGETARY SURVEILLANCE

18/12/2001 17:26 REYNDERS: WILL SEE MORE PROGRESS IN FIN SERVICES NEXT MONTHS

18/12/2001 17:28 ECB: FOREX RESERVES FELL E0.1 BN TO E255.3 BN WK ENDED DEC14

18/12/2001 17:31 IMF SEES WORLD ECON +2.4% 2001 & 2002,UNCH FROM NOV FORECAST

18/12/2001 17:31 IMF INTERIM ECON OUTLOOK: US GDP SEEN +1.0% 2001, +0.7% 2002

18/12/2001 17:31 IMF WEO: EU GDP GROWTH +1.7% 2001, +1.3% 2002

18/12/2001 17:32 IMF WEO: REVISED OUTLOOK STILL 'SUBJECT TO GREAT UNCERTAINTY'

18/12/2001 17:32 IMF WEO: DIFFICULT TO JUDGE HOW FAST CONFIDENCE WILL REBOUND

18/12/2001 17:32 IMF WEO: 'DISTURBING' SYNCHRONICITY OF SLOWDOWN IN ALL REGIONS

18/12/2001 17:32 IMF WEO: NEED 'COORDINATED AND COLLABORATIVE POLICY RESPONSE'

18/12/2001 17:32 IMF WEO: NEED MORE EMPHASIS ON FISCAL POLICY IN RESPONSE

18/12/2001 17:33 IMF WEO: US STIMULUS COULD BE HELPFUL IF IMPLEMENTED RAPIDLY

18/12/2001 17:33 REYNDERS: EURO FX RATE NOW MORE STABLE, REACHED 'MATURITY'

18/12/2001 18:00 IMF CHIEF ECON ROGOFF:DEFLATION IN JAPAN'VERY SERIOUS PROBLEM'

18/12/2001 18:01 IMF'S ROGOFF:JAPAN NEEDS TO TAKE SOME STEPS TO HALT DEFLATION

18/12/2001 18:01 IMF'S ROGOFF:NO STRONG STAND ON HOW JAPAN SHOULD BOOST MON SUP

18/12/2001 18:01 IMF'S ROGOFF:RISK OF OVERSHOOTING ON INFLATION IN JAPAN IS LOW

18/12/2001 18:01 IMF'S ROGOFF:SOME INFL IN JAPAN WOULD BENEFIT GLOBAL ECONOMY

18/12/2001 18:05 IMF'S ROGOFF:YEN DEPRECIATION ACCEPTABLE IF JAPAN GROWING

18/12/2001 18:11 IMF'S ROGOFF:ECB ROOM TO CUT RATES IF GROWTH WEAKER THAN EXPCT

18/12/2001 18:13 IMF'S ROGOFF:CLEAR ARGY MIX OF FX,DEBT POLICY NOT SUSTAINABLE

18/12/2001 18:17 IMF'S ROGOFF:IMF STANDS READY TO HELP ARGENTINA,W/CHANGES

18/12/2001 18:19 IMF'S ROGOFF:FORECAST DOES NOT SEE V-SHAPED GLOBAL RECOVERY

18/12/2001 18:45 ECB'S DUISENBERG: MON POL RESPONSE AFTER SEP 11 WAS 'PROMPT'

18/12/2001 18:45 DUISENBERG: PROPSPECTS FOR GDP WEAKENED AFTER SEP 11

18/12/2001 18:45 DUISENBERG: EMU SLOWDOWN MORE PRONOUNCED THAN EXPECTED

18/12/2001 18:49 DUISENBERG: LOWER OIL PRICES 'ONE-OFF EFFECT ON EMU HICP

18/12/2001 18:49 DUISENBERG: M3 RISE REFLECTS PRIVATE PORTFOLIO MOVES

18/12/2001 18:49 DUISENBERG: M3 RISE 'TEMPORARY' NO INDICATION OF FUTURE HICP

18/12/2001 18:50 DUISENBERG: MON POL WON'T ACT MECHANICALLY TO M3 DEVIATIONS

18/12/2001 18:51 DUISENBERG: WILL CONTINUE CLOSE ANALYSIS OF M3

18/12/2001 18:51 DUISENBERG: SEE LOWER INFLATION PRESSURE IN MEDIUM TERM

18/12/2001 19:00 DUISENBERG: ECON ACTIVITY V. SUBDUED IN Q4

18/12/2001 19:00 DUISENBERG: CONDITIONS IN PLACE FOR GDP RISE IN COURSE 2002

18/12/2001 19:01 DUISENBERG: FINNCING CONDITIONS VERY FAVOURABLE

18/12/2001 19:01 DUISENBERG: FALL IN HICP WILL SUPPORT DOMESTIC DEMAND IN EMU

18/12/2001 19:01 DUISENBERG: REAL GDP LIKELY TO BE WEAK IN EARLY 2002

18/12/2001 19:02 DUISENBERG: MKTS SIGNAL BETTER EMU PROSPECTS 2002

18/12/2001 19:02 DUISENBERG: CLEARLY APPROACHING SUB-2% EMU HICP

18/12/2001 19:02 DUISENBERG: LOWER INFLATION ON FALLING OIL, STABLE FOOD PRICES

18/12/2001 19:03 DUISENBERG: RATES CONTINUE APPROPRIATE FOR FORESEEABLE FUTURE

18/12/2001 19:03 DUISENBERG: LATEST DATA CONFIRM RATE STANCE STILL APPROPRIATE

18/12/2001 19:03 DUISENBERG: SEE HICP SUB 2% FORSEEABLE FUTURE

18/12/2001 19:03 DUISENBERG: RATES NEVER SO LOW SINCE 1981

18/12/2001 19:04 DUISENBERG: SHORT RATES V. LOW BY HISTORICAL STANDARDS

18/12/2001 19:04 DUISENBERG: POLICY MUST STILL FOCUS ON PRICE STABILITY

18/12/2001 19:04 DUISENBERG: STATES CLOSE TO BUDGET BALANCE CAN USE STABILISERS

18/12/2001 19:05 DUISENBERG: EURO INTRO SHOULDN'T HAVE DIRECT PRICE IMPACT

18/12/2001 19:05 CORRECT:DUISENBERG:ECB RATES APPROPRIATE FOR MED-TERM STABILTY

18/12/2001 19:13 DUISENBERG: THINKS EURO ZONE NOT IN RECESSION

18/12/2001 19:14 DUISENBERG: DEFICITS IN 4 MEMBERS CLOSE TO DANGER LEVELS

18/12/2001 19:14 DUISENBERG: Q4 GROWTH WILL BE VERY LIMITED, BUT SEEING TROUGH

18/12/2001 19:14 DUISENBERG: SAYS WOULD NOT RECOMMEND ANY STABILITY PACT CHANGE

18/12/2001 19:14 DUISENBERG: CONFIDENCE INSPIRING IF GOVTS STICK TO STAB. PACT

18/12/2001 19:14 DUISENBERG: RESUMPTION OF GROWTH WILL BE DOMESTICALLY LED

18/12/2001 19:15 DUISENBERG: US ECONOMY REMAINS A 'DOWNSIDE RISK'

18/12/2001 19:15 DUISENBERG: RECOVERY WILL NOT BE US-LED

18/12/2001 19:25 DUISENBERG: SEP 17 BROUGHT FORWARD RATE CUT BY 2 WEEKS

18/12/2001 19:26 DUISENBERG: SEP 17 CUT SHOWED ECB CAN BE FLEXIBLE ON POLICY

18/12/2001 19:26 DUISENBERG SAYS RATES APPROPRIATE FOR FORESEEABLE FUTURE

18/12/2001 19:26 DUISENBERG: INFLATION AROUND 1.5% FOR 2 YEARS TO COME

18/12/2001 19:26 DUISENBERG: INFLA OUTLOOK WOULD HAVE TO CHANGE FOR FURTHER CUT

18/12/2001 19:27 DUISENBERG: GERMAN USE OF STABILISERS PERMISSIBLE

18/12/2001 19:27 UISENBERG: WORSE GERMAN DEFICIT DUE TO CYCLICAL REASONS

18/12/2001 19:27 DUISENBERG: KEY THAT CYCLICAL BALANCE HIT, NOT NOMINAL

18/12/2001 19:34 DUISENBERG: ONLY WAY TO BOOST GDP POTENTIAL STRUCTURAL REFORM

18/12/2001 19:34 DUISENBERG: MUCH REMAINS TO BE DONE ON STRUCTURAL REFORM

18/12/2001 19:37 DUISENBERG: ECB GDP ESTIMATE TRIMMED ON SLOWER US RECOVERY

18/12/2001 19:40 DUISENBERG: FIRST SIGNS OF EMU RECOVERY DURING FIRST HALF

18/12/2001 19:40 DUISENBERG: RECOVERY AT FULL SPEED ONLY AT END 2002

18/12/2001 19:41 DUISENBERG: AVERAGE GROWTH FOR 2002 WILL THUS BE WEAK

18/12/2001 19:41 DUISENBERG: MONETARY POLICY ALONE CAN'T LIFT ECON FROM TROUGH

18/12/2001 19:41 DUISENBERG: LIQUIDITY AMPLE, BUT NOT INFLATIONARY

18/12/2001 19:42 DUISENBERG: AGREE ONLY PRESIDENT SHOULD DECIDE WHEN TO RETIRE

18/12/2001 19:46 DUISENBERG: STABILITY OF EURO FX HAS BEEN REMARKABLE

18/12/2001 20:09 DUISENBERG: BEST WAY TO BOOST GROWTH VIA PRICE STABILITY

18/12/2001 21:10 US SEN LOTT:WHT HSE ON STIMULUS 'FINE' BUT NO ACCORD

18/12/2001 21:11 US SEN LOTT:SAME'STICKING POINTS'ON STIM AS WEEKS AGO

18/12/2001 21:11 S SEN LOTT:NEED'AGREEMENT'OR'BREAKTHROUGH'TONIGHT ON STIM

18/12/2001 21:11 US SEN LOTT:EXPECTS CONGRESS TO ADJOURN THURS EVE OR FRIDAY

18/12/2001 22:15 FED'S MEYER/AUDIENCE:REPEATS,JAPAN RECOV AWAITS BANKS SOLUTION

18/12/2001 22:16 FED'S MEYER:SO-CALLED TOBIN TAX FOR POOR COUNTRIES IMPRACTICAL

18/12/2001 22:16 FED'S MEYER Q&A:RE KRUEGER PLAN,PREFERS COLLECT.ACTION CLAUSES

18/12/2001 22:16 FED'S MEYER: ONLY GIVES 4 ECONOMY-RELATED SPEECHES A YEAR

18/12/2001 22:16 FED'S MEYER: NO COMMENT ON ECON, FED POLICY

18/12/2001 22:16 FED'S MEYER:'CERTAINLY NOT GOING TO TALKE ABOUT ARGENTINA'

18/12/2001 22:17 FED'S MEYER: FED NOT CENTRAL BANK FOR THE WORLD

18/12/2001 22:55 US SEN DASCHLE:STILL BIG DISAGREEMENT ON WORKER AID PACKAGE