Forex news and forecasts archive for 2002-01-29

Mini Forex Trading from
100 Usd.
Demo accounts for free
Current forex news
and forecasts
Free forex contest
with 100 Usd prize
Full news archive
from 2001

29/01/2002 08:59 GOOD MORNING !

29/01/2002 11:01 ITALY DEC NON-EU TRADE SURPLUS E2.86BN (DEC00 E870 MLN SURP)

29/01/2002 11:01 ITALY DECEMBER NON-EU EXPORTS +8.1% Y/Y TO E10.939 BLN

29/01/2002 11:02 ITALY DECEMBER NON-EU IMPORTS -12.7% Y/Y TO E8.076 BLN

29/01/2002 11:02 ITALY DECEMBER NON-EU IMPORTS -12.7% Y/Y TO E8.076 BLN

29/01/2002 11:03 DAX OPENS 6.04 POINTS HIGHER AT 5,165.06

29/01/2002 11:05 Calendar for January 29-30

29/01/2002 11:42 U.S. Stocks Close Little Changed Monday

29/01/2002 11:44 US Treasuries End Little Changed Pre FOMC, Data,Supply

29/01/2002 11:47 Analysis:FOMC Meets Amid Lwr Hopes for More Rate Cuts

29/01/2002 16:34 US December durable goods orders were up 2.0%

29/01/2002 16:58 US REDBOOK STORE SALES +4.0% JAN 2002 VS DEC'01 THRU 1/26 WK

29/01/2002 16:58 REDBOOK: US STORE SALES +1.5% IN JAN 26 WEEK VS YEAR AGO WEEK

29/01/2002 16:58 REDBOOK: US STORE SALES +1.6% JANUARY 2002 VS JANUARY 2001

29/01/2002 17:00 BTM-UBSW: US SAME-STORE SALES +0.2% JAN26 WK VS +0.7% JAN17

29/01/2002 17:00 BTM-UBSW: JAN 26 WEEK SALES STILL MIXED,DISCOUNTERS ABOVE PLAN

29/01/2002 17:01 ECB: FOREX RESERVES FELL E0.1 BN TO E258.7 BN WK ENDED JAN25

29/01/2002 17:41 US TSY'S PETRANGELI: TSY STILL HAS TO RAISE $100.7B 1Q CASH

29/01/2002 17:42 US'S PETRANGELI:WITHOUT NEW FINANCING,FEB15 CASH BALANCE -$21B

29/01/2002 17:42 US TSY'S HENDERSHOT: POSITIVE ECON SIGNS 'MORE ABUNDENT'

29/01/2002 17:42 US'S HENDERSHOT: NOTED CONSUMER ATTITUDES BEST SINCE JAN00

29/01/2002 17:43 US'S HENDERSHOT:ASSUMES 4Q GDP DROP WILL BE REVERSED IN 1Q02

29/01/2002 17:43 US'S HENDERSHOT: 'COMPELLING EVIDENCE' ECON REBOUND IS 'NEAR'

29/01/2002 17:43 US'S HENDERSHOT: 'LESS CERTAINTY' ABOUT SIZE OF ECON RECOVERY

29/01/2002 17:43 US'S HENDERSHOT:CONSUMPTION STRONG NOW,SO NO SHARP BOOST IN 1Q

29/01/2002 17:44 US'S HENDERSHOT: SOFT CORP PROFITS LIKELY TO RESTRAIN HIRING

29/01/2002 17:52 JAN US CONSUMER CONFIDENCE 97.3 V DEC 94.6(PREV 93.7)

29/01/2002 17:52 CONF BOARD US PRESENT CONDITIONS JAN 97.8 VS DEC 97.8

29/01/2002 17:53 CONF BOARD US CONSUMER EXPECTATIONS JAN 96.9 VS DEC 92.4

29/01/2002 17:53 CONF BOARD: US JOBS PLENTIFUL IN JAN 18.4% VS DEC 17.9%

29/01/2002 17:53 CONF BOARD: US JOBS HARD-TO-GET IN JAN 22.7% VS DEC 21.9%

29/01/2002 17:53 CONF BOARD'S FRANCO: 'WORST MAY WELL BE OVER' FOR US ECON

29/01/2002 17:53 CONF BOARD: JAN EXPECTATIONS INDEX HIGHEST IN MORE THAN A YEAR

29/01/2002 19:55 ECB'S WELTEKE: FX INTERVENTION NOT NECESSARY AT THE MOMENT

29/01/2002 19:55 WELTEKE: EURO FX RATE NOW NOT PRICE STABILITY THREAT

29/01/2002 19:57 WELTEKE: HIGH M3 GROWTH CAN BE WELL EXPLAINED AT THE MOMENT

29/01/2002 19:57 WELTEKE: IF M3 REMAINS HIGH, ECB WILL HAVE TO DISCUSS

29/01/2002 19:57 WELTEKE: ECB DOES NOT TARGET EURO FX RATE IN ITS POLICY

29/01/2002 20:02 WELTEKE: ECB MONETARY POLICY DOES NOT POSE OBSTACLE TO GROWTH

29/01/2002 20:02 ECB'S WELTEKE: EURO FX RATE CURRENTLY NO EMU PRICE STAB. RISK

29/01/2002 20:02 WELTEKE: 1985-95 DM FX RANGE SAME AS EURO BETWEEN $0.56-$1.43

29/01/2002 20:03 WELTEKE:MAIN ECB GOAL IS PRICE STABILITY; NOT SAME AS FX STAB.

29/01/2002 20:03 WELTEKE: GERMANY ECON. STILL WEAK BUT SIGNS OF IMPROVEMENT

29/01/2002 20:03 WELTEKE:GERMANY JAN. IFO HIGHER BUT STILL BELOW PRE-SEP. LEVEL

29/01/2002 20:03 WELTEKE:CAUTIOUSLY OPTIMISTIC ON GRADUAL EMU PICK-UP IN H1 '01

29/01/2002 20:03 WELTEKE:EXPECT DATA FLUX;DON'T OVERVALUE NORMAL MONTHLY SWINGS

29/01/2002 20:03 WELTEKE SEES CHANCE OF EMU, U.S. REBOUNDS MUTUALLY REINFORCING

29/01/2002 20:04 WELTEKE: CURRENT ECB INTEREST RATE LEVELS REMAIN APPROPRIATE

29/01/2002 20:04 WELTEKE:ECB MUST BE FORWARD-LOOKING, CONSIDER MON. POLICY LAGS

29/01/2002 20:04 WELTEKE:MUST CAREFULLY DISTINGUISH BETWEEN CURRENT,FUTURE DATA

29/01/2002 20:04 WELTEKE:DON'T NOW SEE INFL. RISK IN M3, BUT MUST WATCH CLOSELY

29/01/2002 20:04 WELTEKE: NEED CONTINUED EMU WAGE MODERATION FOR GROWTH, JOBS

29/01/2002 20:05 WELTEKE: OTHER EMU POLICY AREAS MUST DO MORE TO SUPPORT STAB.

29/01/2002 20:05 WELTEKE: HAVE SEEN FISCAL PROGRESS, BUT TASK NOWHERE NEAR DONE

29/01/2002 20:05 WELTEKE: GERMANY/FRANCE/ITALY/PORTUGAL FISCAL PROGRESS SLOW

29/01/2002 20:11 CORRECT:WELTEKE IMPLIED,DID NOT SAY,FX INTERV NOT NEEDED NOW

29/01/2002 22:35 US SEN DASCHLE:EXPECTS SENATE TO END STIMULUS DEBATE NEXT WK

29/01/2002 22:36 US SEN DASCHLE:UNCLEAR WHAT KIND OF STIM BILL,IF ANY, TO PASS

29/01/2002 22:36 US SEN DASCHLE:SEES SENATE'FAST TRACK'VOTE'IN NEXT MONTH OR 2'

29/01/2002 22:36 US SEN DASCHLE:EXPECTS BUSH SPEECH TO DESCRIBE'COMMON GROUND'