|
(AFX UK Focus)
2008-11-03 15:45
THOMSON FINANCIAL NEWS TOP STORIES Macroeconomics 15:30 GMT |
|---|
| Article layout: raw |
|
2008-11-03 15:29:58 1-Turkey Oct CPI inflation far above forecast at 2.6% ANKARA, Nov 3 (Reuters) - Turkish consumer price inflation sharply exceeded forecasts in October, official data showed on Monday, but the data was not expected to affect interest rate expectations. 2008-11-03 15:22:27 DIARY - Czech Republic - to November 30 New or amended items marked * See below for full macroeconomic forecasts ================================================================================
UPCOMING ECONOMIC INDICATORS
DATE---GMT/LOCAL---INDICATOR--------------PERIOD----FORECAST----PRIOR
================================================================================ 2008-11-03 15:18:05 TEXT-Romanian c.bank raises 2008 and 2009 CPI forecasts Nov 3 (Reuters) - Romania's central bank raised slightly its inflation forecast for the end of this year and 2009 on Monday, saying annual price growth would reach 6.7 percent next month and 4.5 percent next year in December. 2008-11-03 15:05:13 U.S. construction spending down slightly in Sept. WASHINGTON, Nov 3 (Reuters) - U.S. construction spending fell a smaller-than-expected 0.3 percent in September as private home building fell along with public construction while private non-residential building was nudged slightly higher, a Commerce Department report showed on Monday. 2008-11-03 15:03:53 Tough U.S. problems to hit Canada-finance minister TORONTO, Nov 3 (Reuters) - The economic turmoil in the United States will harm Canada, federal Finance Minister Jim Flaherty said on Monday ahead of a meeting with the finance ministers of Canada's provinces on the global crisis. 2008-11-03 15:03:11 TABLE-U.S. ISM index 38.9 in Oct versus 43.5 in Sept Nov 3 (Reuters) - The Institute for Supply Management on Monday reported its monthly indexes of manufacturing activity for October. 2008-11-03 15:00:21 German orders, output fell in Sept - UniCredit tool BERLIN, Nov 3 (Reuters) - German industrial orders probably dropped sharply in September and output likely fell as well, the Reuters/UniCredit forecasting tool showed on Monday. 2008-11-03 15:00:19 US ECON: Sept. construction spending down 0.3% vs 0.8% decline expected Washington November 3 - US construction spending in September fell less than expected as private building held relatively steady, softening the first decline in public construction spending in eight months, the Commerce Department said today. 2008-11-03 15:00:17 2-IMF sees Finnish growth slowing sharply in 2009 HELSINKI, Nov 3 (Reuters) - The International Monetary Fund (IMF) on Monday forecast Finnish economic growth would slow sharply next year as the global economy struggles. 2008-11-03 14:55:42 Freddie sells bills at lower rates, demand mixed NEW YORK, Nov 3 (Reuters) - Freddie Mac sold $2 billion of bills on Monday at lower interest rates compared with sales of the same size and maturities a week ago, and drew mixed demand. 2008-11-03 14:44:46 ECB opens weekly, fixed-rate euro tender FRANKFURT, Nov 3 (Reuters) - The European Central Bank called for bids in its main weekly tender of euros on Monday, offering banks unlimited funds at a fixed interest rate of 3.75 percent. 2008-11-03 14:35:02 CORRECTED1-BoE narrows reserves range to +/-20 pct LONDON, Nov 3 (Reuters) - The Bank of England said on Monday that the range around which reserves would be remunerated would be narrowed to +/-20 percent in the period starting Nov 6 from +/-40 percent in the current maintenance period. 2008-11-03 14:28:37 2-German SPD leader's far-left power grab fails By Frank Siebelt WIESBADEN, Germany, Nov 3 (Reuters) - An attempt by a regional leader of the Social Democrats to take power in the German state of Hesse with help from a far-left party failed on Monday when members of her own camp refused to support the move. 2008-11-03 14:24:22 CORRECTED-BoE narrows reserves range to +/-20 pct LONDON, Nov 3 (Reuters) - The Bank of England said on Monday that the range around which reserves would be remunerated would be narrowed to +/-20 percent in the period starting Nov 6 from +/-40 percent in the current maintenance period. 2008-11-03 14:23:01 test please ignore WASHINGTON (Thomson Financial) - corbett.daly@thomsonreuters.com cbd/wash 2008-11-03 14:08:52 1-Serbia discussing IMF stand-by deal -finmin official BELGRADE, Nov 3 (Reuters) - Serbia is negotiating a stand-by deal with the International Monetary Fund and the central bank will decide whether it needs the IMF cash, a Finance Ministry official said on Monday. 2008-11-03 14:01:25 SERBIA NEGOTIATING STAND-BY DEAL WITH THE IMF - FINMIN OFFICIAL BELGRADE, Nov 3 (Reuters) - Serbia is negotiating a stand-by deal with the International Monetary Fund and the central bank will decide whether it needs the IMF cash to back up the balance of payments, a Finance Ministry official said on Monday. 2008-11-03 13:54:34 Thousands strike in German engineering pay dispute BERLIN, Nov 3 (Reuters) - Tens of thousands of workers in Germany's engineering sector staged temporary stoppages on Monday to press their demand for an 8-percent pay rise, industrial trade union IG Metall said. 2008-11-03 13:45:30 1-U.S. must continue to lead on crisis -Brown By Matt Falloon ABU DHABI, Nov 3 (Reuters) - The United States must continue to spearhead efforts to overcome the global financial crisis, Britain's Prime Minister Gordon Brown said on Monday, a day before the world's biggest economy votes for a new president. 2008-11-03 13:43:56 Pressure mounts in Norway for more fiscal spending By Aasa Christine Stoltz OSLO, Nov 3 (Reuters) - Pressure on the Norwegian government to increase fiscal spending is rising as the global financial crisis is hitting the oil-exporting economy harder than earlier envisaged, and unemployment is on the rise. 2008-11-03 13:43:14 INDICATORS - Czech Republic - November 3 ------------------------------------------------------------------------------- KEY INTEREST RATES 2-WEEK REPO DISCOUNT LOMBARD
last changed
===============================================================================
Foreign trade balance
NOTE. All current data are seasonally adjusted and those from previous quarters are revised. In the second quarter, GDP totalled 778.1 billion crowns in seasonally adjusted constant prices of 2000. 2008-11-03 13:34:54 TOPWRAP 7-European, U.S. banks suffer, recession a reality By Mike Peacock LONDON, Nov 3 (Reuters) - Profits evaporated at leading banks on Monday and authorities worldwide pressed on with efforts to temper a recession that policymakers said had become reality for much of the globe. 2008-11-03 13:29:44 S.Africa house prices fall 2.5 pct y/y in Oct-survey JOHANNESBURG, Nov 3 (Reuters) - South African house prices fell by 2.5 percent year-on-year in October, as demand for property remained depressed, partly due to higher inflation and interest rates, a survey showed on Monday. 2008-11-03 13:28:24 1-EU calls for joint action as '09 economy faces stall By Jan Strupczewski BRUSSELS, Nov 3 (Reuters) - The euro zone is already in a technical recession and growth will come to a virtual standstill next year, the European Commission said on Monday, calling for coordinated European Union action to support growth. 2008-11-03 13:25:18 Serbia discussing stand-by deal with IMF- finmin official BELGRADE, Nov 3 (Reuters) - Serbia is negotiating a stand-by deal with the International Monetary Fund and the central bank will decide whether it needs the IMF cash to back up the balance of payments, a Finance Ministry official said on Monday. 2008-11-03 13:15:39 1-Spain's Vegara says cannot rule out recession MADRID, Nov 3 (Reuters) - Spanish Economy Secretary David Vegara said on Monday he could not rule out the possibility that Spain would fall into its first recession since 1993. 2008-11-03 13:15:14 Lithuania needs budget cuts to avoid Iceland fate -PM-elect VILNIUS, Nov 3 (Reuters) - The prime minister-elect of Lithuania said on Monday the Baltic state had to face the "painful reality" of worsening public finances and slash spending to avoid the fate of crisis-hit Iceland. 2008-11-03 13:05:35 1-IMF says Finnish growth to slow sharply in 2009 HELSINKI, Nov 3 (Reuters) - The International Monetary Fund (IMF) forecast Finnish economic growth to slow sharply next year as the global economy struggles. 2008-11-03 12:58:46 1-Irish consumer sentiment worsens in Oct DUBLIN, Nov 3 (Reuters) - Irish consumer sentiment deteriorated in October following improvements in the two previous months as the prospect of tough cuts in Ireland's 2009 budget and the global credit crunch hit households. 2008-11-03 12:44:31 1-Spain offers mortgage relief to 500,000 workers MADRID, Nov 3 (Reuters) - The Spanish government will allow unemployed workers to delay making half their mortgage payments for two years, Prime Minister Jose Luis Rodriguez Zapatero said on Monday. 2008-11-03 12:40:35 2-Turkey to up power prices by 10 pct in Jan -sources By Orhan Coskun ANKARA, Nov 3 (Reuters) - Turkey will have to raise its electricity prices by at least 10 percent from Jan. 1 as a result of natural gas price increases announced at the weekend, government sources said on Monday. 2008-11-03 12:23:49 France plays down municipality loan fears By Tamora Vidaillet PARIS, Nov 3 (Reuters) - French Economy Minister Christine Lagarde played down fears on Monday that local authorities have taken on too many risky loans, exposing themselves to skyrocketing interest payments and potential defaults. 2008-11-03 12:18:35 Denmark launches 30-year bond to help pension sector COPENHAGEN, Nov 3 (Reuters) - Denmark plans to open a 4.5 percent 30-year government bond to facilitate the pension sector's risk management, the Danish central bank said on Monday. 2008-11-03 12:07:07 TOPWRAP 6-European banks suffer, recession a reality By Mike Peacock LONDON, Nov 3 (Reuters) - Profits evaporated at top European banks on Monday and authorities worldwide pressed on with efforts to temper a recession that policymakers said had become reality for much of the globe. 2008-11-03 12:06:55 2-Swiss PMI hits 5-1/2 yr low, adds to rate cut views By Sven Egenter ZURICH, Nov 3 (Reuters) - Swiss manufacturing industry contracted for the second month running in October, a fall in the country's PMI to a 5-1/2 year low showed, adding to signs that the economy might follow others into recession. 2008-11-03 12:05:31 CORRECTED-Turkey gas tender may be given to 2nd bidder -min ANKARA, Nov 3 (Reuters) - A tender to sell off the natural gas distribution grid for the Turkish capital Ankara may be awarded to the second highest bidder, said Energy Minister Hilmi Guler on Monday. 2008-11-03 12:01:59 1-German SPD leader won't be Hesse premier-sources BERLIN, Nov 3 (Reuters) - The leader of Germany's Social Democrats in Hesse does not have enough support in her own party to win a vote in parliament on Tuesday and become premier of the influential western state, party sources said on Monday. 2008-11-03 12:01:11 Serbia raised rates to battle inflation - c.bank chief BELGRADE, Nov 3 (Reuters) - Serbia's central bank governor Radovan Jelasic said on Monday the bank raised interest rates last week to counter high inflation and expected fiscal expansion. 2008-11-03 11:58:39 Spain unveils 170 mln euro package to help workers MADRID, Nov 3 (Reuters) - Spanish Prime Minister Jose Luis Rodriguez Zapatero said on Monday the Socialist government would provide 170 million euros ($219 million) of aid to kickstart Spain's ailing labour market. 2008-11-03 11:57:47 China eyes VAT system overhaul in '09-state planner BEIJING, Nov 3 (Reuters) - China is likely to revamp its value-added tax (VAT) system in 2009 to reduce business costs and cushion firms from an economic slowdown, a senior official told state radio on Monday. 2008-11-03 11:53:37 Egypt pound median o/n rate unchanged at 11.85 pct CAIRO, Nov 3 (Reuters) - The median overnight interbank rate on the Egyptian pound was steady at 11.85 percent on Monday , with the market quiet ahead of a new two-week reserves ratio period, bankers said. 2008-11-03 11:43:46 India PM appoints ex-IMF chief economist as adviser NEW DELHI, Nov 3 (Reuters) - Indian Prime Minister Manmohan Singh on Monday appointed former International Monetary Fund chief economist Raghuram Rajan as an economic adviser. 2008-11-03 11:28:39 1-France on course to breach EU deficit limit-PM PARIS, Nov 3 (Reuters) - France is on course to breach European Union borrowing limits next year as the economic slowdown hits growth, Prime Minister Francois Fillon said in a television interview. 2008-11-03 11:27:11 Spain offers mortgage relief to 500,000 workers MADRID, Nov 3 (Reuters) - Spain will will allow some mortgage holders to halve their monthly payments under a temporary moratorium announced by Spanish Prime Minister Jose Luis Rodriguez Zapatero on Monday. 2008-11-03 11:17:31 1-Taiwan c.bnk adjusts rates for reserve requirements TAIPEI, Nov 3 (Reuters) - Taiwan's central bank said on Monday it had lowered its interest rates for the reserve requirements for Taiwan-dollar fixed deposits to 2.423 percent from 2.75 percent, days after it cut its benchmark policy rate. 2008-11-03 11:15:42 WRAPUP 1-Emerging Europe manufacturing points to grim outlook By Jan Lopatka PRAGUE, Nov 3 (Reuters) - The recession in Western economies pushed business sentiment to all-time lows last month in central Europe, a region where growth has slammed on the brakes as demand for its exports dries up. 2008-11-03 11:15:36 1-French Oct new car sales down 7.3 pct-CCFA PARIS, Nov 3 (Reuters) - French new passenger car sales fell 7.3 percent in October, carmakers' association CCFA said on Monday, as auto manufacturers battle the impact of the credit crunch and an economic slowdown on consumer confidence. 2008-11-03 11:11:41 1-Spanish car sales drop 40 pct in October-ANFAC MADRID, Nov 3 (Reuters) - Spanish car sales fell 40 percent in October compared with the same month a year earlier, marking the sixth consecutive month of declines amid a severe economic slowdown, car manufacturers' association ANFAC said on Monday. 2008-11-03 11:09:03 Dutch state raises 6.1 bln euros in T-bill auction raised 6.08 billion euros ($7.77 billion) with an auction of Dutch Treasury Certificates (DTCs), it said on Monday. 2008-11-03 11:08:39 TABLE-Latvia Sept output up 1.8% on mth, down yr/yr Nov 3, (Reuters) - The Latvian statistics office on Monday released the following data for industrial output in September. 2008-11-03 11:03:54 HIGHLIGHTS-Almunia on EU Commission economic forecasts BRUSSELS, Nov 3 (Reuters) - The following are comments by EU Monetary Affairs Commissioner Joaquin Almunia after the European Commission issued updated economic forecasts on Monday. 2008-11-03 11:03:06 U.S. should continue to lead through crisis -Brown ABU DHABI, Nov 3 (Reuters) - The United States needs to continue to lead efforts to overcome the global financial crisis, Britain's Prime Minister Gordon Brown said on Monday, adding that trade was slowing more than expected. 2008-11-03 11:01:59 WRAPUP 1-Capital key as European bank profits dive By Steve Slater and Nicola Leske LONDON and FRANKFURT, Nov 3 (Reuters) - Capital remained the key issue for European banks on Monday as several unveiled sharp falls in profits and plans to raise money from taxpayers and private investors. 2008-11-03 10:58:08 TOPWRAP 5-European banks suffer, recession a reality By Mike Peacock LONDON, Nov 3 (Reuters) - Profits evaporated at top European banks on Monday and authorities worldwide pressed on with efforts to bolster economies against a recession that policymakers said had become a reality for much of the globe. 2008-11-03 10:56:22 1-Hungary's Oct PMI falls to all-time low at 44.7 BUDAPEST, Nov 3 (Reuters) - Hungary's seasonally-adjusted Purchasing Managers' Index (PMI) fell to an all-time low of 44.7 in October from a revised 49.9 in September, signalling that industry will be hard hit by a slowdown in western Europe. 2008-11-03 10:55:28 2-Vietnam cuts interest rates to support growth By Nguyen Nhat Lam HANOI, Nov 3 (Reuters) - Vietnam's central bank said on Monday it was cutting its three main interest rates and lowering the compulsory reserves required on bank deposits as part of efforts to stave off an economic slowdown. 2008-11-03 10:44:38 China economy should remain relatively robust -IMF HONG KONG, Nov 3 (Reuters) - China's economy will slow but should remain relatively strong and help to support the rest of Asia, the International Monetary Fund said on Monday, predicting a very difficult year for the global economy in 2009. 2008-11-03 10:42:03 French PM-2009 deficit probably over 3 pct/GDP PARIS, Nov 3 (Reuters) - France's budget deficit for 2009 will probably breach the European Union's limit of 3 percent of gross domestic product, French Prime Minister Francois Fillon said, according to a transcript of a television interview. 2008-11-03 10:32:20 1-Abbas sees no peace deal with Israel this year BUCHAREST, Nov 3 (Reuters) - Israel and the Palestinians will not be able to reach a peace agreement before Washington's target date of the end of this year, Palestinian President Mahmoud Abbas said on Monday. 2008-11-03 10:31:49 Saudi deputy cbanker says global recession on way ATHENS, Nov 3 (Reuters) - The global economy seems to be headed for a recession of some sort, Saudi Arabia's deputy central bank governor said on Monday. 2008-11-03 10:26:47 Spanish car sales drop 40 pct in October-ANFAC MADRID, Nov 3 (Reuters) - Spanish car sales fell 40 percent in October compared to the same month a year earlier, marking the sixth straight month of sharp decline amid a severe economic slowdown, car manufacturers' association ANFAC said on Monday. 2008-11-03 10:23:48 1-Swiss PMI hits 5-1/2 yr low, adds to rate cut views By Sven Egenter ZURICH, Nov 3 (Reuters) - Swiss manufacturing industry contracted for the second month running in October, a fall in the country's PMI to a 5-1/2 year low showed, adding to signs that the economy might follow others into recession. 2008-11-03 10:14:16 Danish manufacturing contraction speeds up in Oct COPENHAGEN, Nov 3 (Reuters) - Denmark's manufacturing sector contracted at a faster pace in October than in the previous month, the purchase and logistics lobby DILF said on Monday. 2008-11-03 10:13:49 1-BoE narrows reserves range to +/-20 pct LONDON, Nov 3 (Reuters) - The Bank of England said on Monday that the range around which reserves would be remunerated would be narrowed to +/-20 percent in the period starting Nov 6 from +/-60 percent in the current maintenance period. For more information and to contact AFX: www.afxnews.com and www.afxpress.com |
| Macroeconomic stories, OECD reports Indicators Summaries and roundups |
| Article layout: raw |
|