Forex news and forecasts archive for 2001-11-20

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from 2001

20/11/2001 08:21 Good Morning!

20/11/2001 08:23 *NIKKEI 225 INDEX CLOSES MORNING DOWN 81.51 PTS AT 10,646.4

20/11/2001 08:30 Calendar for 20-21 of November

20/11/2001 09:08 : Dollar finds broad support, trade choppy

20/11/2001 10:45 FRANCE SEP ADVANCED SA C/A SURPLUS E1.9 BN; AUG +E4.4 BN

20/11/2001 10:46 FRANCE SEP ADVANCED SA C/A SURPLUS AT LOW END OF MNI FORECASTS

20/11/2001 10:46 FRANCE ADV. JAN-SEP SA C/A SURPLUS E20.6 BN;JAN-SEP00+E15.5 BN

20/11/2001 10:46 FRENCH SEPT CURRENT ACCOUNT SURPLUS 1.9 BLN EUR VS REVISED SURPLUS 4.4 IN

20/11/2001 10:53 The U.S. Treasury market caught an afternoon bid after Federal Reserve President Robert Parry said

20/11/2001 11:01 ITALY SEP UNADJUSTED IND. ORDERS -10.0% Y/Y; AUG -3.7%

20/11/2001 11:01 ITALY ISTAT: SEP 11 ATTACK PROBABLY WEIGHED ON SEP IND. ORDERS

20/11/2001 11:02 ITALY SEP UNADJ. IND. DOMESTIC ORDERS -8.4% Y/Y; FRGN -12.5%

20/11/2001 11:02 ITALY SA SEP IND. TURNOVER -1.9% M/M; DOM. -1.2%, FRGN -3.7%

20/11/2001 11:15 Share prices were higher in light trade Monday afternoon boosted by U.S. reports

20/11/2001 11:15 The dollar ended the Monday session slightly softer

20/11/2001 11:16 PAN-GERMANY SA SEP MFG ORDERS UNREVISED -4.1% M/M, INDEX 117.8

20/11/2001 11:17 : Dollar firm against euro, yen in early Europe

20/11/2001 11:18 W. GERMANY SA SEP MFG ORDERS UNREVISED -5.1% M/M; INDEX 114.5

20/11/2001 11:18 E. GERMANY SA SEP MFG ORDERS REVISED TO +7.4% M/M VS +7.6%

20/11/2001 11:20 TECHNICAL ANALYSTS AT SEB MERCHANT BANKING

20/11/2001 11:28 GERMANY:3Q MFG ORDERS UNREVISED -2.7% Q/Q; -5.3% Y/Y

20/11/2001 11:36 The U.S. October housing data were a mixed bag

20/11/2001 11:40 GERMANY FINMIN: 3Q GDP LEVEL TO BE ABOUT THE SAME AS 2Q

20/11/2001 11:40 GERMANY FINMIN:LOWER INFL. TO HELP PRIV. CONSUMPTION AHEAD

20/11/2001 12:33 UK OCT NON-EU TRADE DEFICIT STG 1.717 BN VS SEP -STG1.755 BN

20/11/2001 12:33 UK OCT PSNCR -STG5.908 BN VS -STG7.338 BN IN OCT 2000

20/11/2001 12:34 UK SEP WORLD GOODS TRADE DEFICIT STG2.247BN VS AUG -STG3.4BN

20/11/2001 12:35 UK OCT PSNB -STG4.546 BN VS -STG6.463 BN IN OCT 2000

20/11/2001 12:35 UK OCT NON-EU DEFICIT AND OCT PSCNR BELOW MNI MEDIANS

20/11/2001 12:35 UK OCT NON-EU GOODS TRADE GAP NARROWEST SINCE MARCH 2000

20/11/2001 12:36 UK SEP WORLD GOODS/SVCE TRADE DEF. STG1.132 BN; AUG -STG2.3 BN

20/11/2001 12:36 UK SEP TRADE IN SVCE SURPLUS STG1.115 BN VS STG1.117 MN IN AUG

20/11/2001 12:36 UK OCT NON-EU DEF. EXCL. OIL/ERRATICS STG 1.054BN;SEP STG1.5BN

20/11/2001 12:36 UK OCT NON-EU VALUE OF EXPORTS UP 9.9% M/M TO STG6.947 BN

20/11/2001 12:36 UK OCT NON-EU VALUE OF IMPORTS UP 7.3% M/M TO STG8.664 BN

20/11/2001 12:37 UK PUBLIC SECTOR NET DEBT AS % GDP LOWEST SINCE MARCH 1993

20/11/2001 12:37 UK CUMUL 01/02 PSNCR -STG5.4 BN VS -STG35.6 BN IN MAY-OCT 00

20/11/2001 12:37 UK OCT CASH RECEIPTS: STG36.118 BN; DOWN 7.0% Y/Y

20/11/2001 12:37 UK BUILDING SOCIETY OCT NEW APPROVALS 2.301 BLN STG VS 2.076 BLN SEPT - BSA

20/11/2001 12:38 UK BBA: OCT UNDERLYING MORTG LENDING RISES STG3.996 BLN

20/11/2001 12:38 UK OCT PROV M4 UP ADJ 0.6 PCT FROM SEP; UP 8.1 YR-ON-YR

20/11/2001 12:39 UK NOV PROVISIONAL M4 0.6% M/M; 8.1% Y/Y, S.A.

20/11/2001 12:39 UK NOV M4 LENDING ROSE S.A. STG10.5 BILLION, 8.7% Y/Y

20/11/2001 12:39 UK BSA: OCT NET ADVANCES RISE TO STG453 MN VS SEP STG338 MN,SA

20/11/2001 13:13 **OECD ASSUMES NO MORE FED EASING; FUNDS RATE AT 2% TIL LATE 02

20/11/2001 13:13 OECD:BUT FED HAS MORE ROOM TO EASE IF GDP WEAKER THAN EXPECTED

20/11/2001 13:14 OECD ASSUMES ECB TO CUT RATES ANOTHER 50BP BY EARLY 2002

20/11/2001 13:14 OECD ASSUMES FED/ECB TO BEGIN TIGHTENING POLICY IN LATE 2002

20/11/2001 13:16 OECD ASSUMES FED/ECB TO BEGIN TIGHTENING POLICY IN LATE 2002

20/11/2001 13:16 OECD ASSUMES FED/ECB TO BEGIN TIGHTENING POLICY IN LATE 2002

20/11/2001 13:16 OECD ASSUMES FED TO HIKE 175BP, ECB 125BP, BY END 2003

20/11/2001 13:16 OECD SEES GERMANY 2001 GDP +0.7%; 2002 +1.0%; 2003 +2.9%

20/11/2001 13:16 OECD SEES FRANCE 2001 GDP +2.0%; 2002 +1.6%; 2003 +3.0%

20/11/2001 13:17 OECD: BALANCE OF RISKS REMAIN TO DOWNSIDE, ESPECIALLY IN EMU

20/11/2001 13:17 OECD: RISKS AND UNCERTAINTIES IN FORECAST 'EXCEPTIONAL'

20/11/2001 13:17 OECD: CONSUMER/BUSINESS CONFIDENCE REBOUND PACE KEY TO TIMING

20/11/2001 13:18 OECD SAYS FURTHER US RATE CUTS AN OPTION IF ECONOMY REMAINS WEAK

20/11/2001 13:18 OECD SAYS US MONETARY STIMULUS SHOULD BE WITHDRAWN WHEN OUTPUT GAP C

20/11/2001 13:18 OECD SAYS US TAX CUTS SHOULD BE TEMPORARY OR MATCHED BY LOWER SPENDIN

20/11/2001 13:19 OECD/US Urges Restraint in US Monetary and Fiscal Policy

20/11/2001 13:20 OECD: Eurozone Growth to Slow to 1.4% in 2002; 2003: +3.0%

20/11/2001 13:20 OECD Says Further UK Rate Cuts May Be Necessary

20/11/2001 13:21 OECD LOWERS JAPAN 2002 GDP FORECAST TO 1.0 PCT FALL FROM 1.1 GROWTH

20/11/2001 13:21 OECD SAYS ECB COULD EASE MORE THAN 0.50 POINTS IF CONDITIONS WORSEN

20/11/2001 13:25 ECB Refi Marg Rate Falls to 3.26%; Drains E21.4 Bln

20/11/2001 13:25 MARGINAL RATE 3.26 PCT

20/11/2001 14:12 EMU SEP ADJ. INDUSTRY OUTPUT -0.5% M/M, -0.6% Y/Y

20/11/2001 14:12 EMU SEP M/M OUTPUT DROP SMALLER THAN ANY MNI SURVEY FORECAST

20/11/2001 14:12 EMU AUG IND. OUTPUT REVISED +1.5% M/M, +0.9% Y/Y (+1.1%,+0.4%)

20/11/2001 14:13 EUROZONE SEPT INDUSTRIAL OUTPUT DOWN 0.5 PCT VS AUG, DOWN 0.6 PCT YR-ON-YR

20/11/2001 15:59 ITALY GROSSETO PRELIMINARY NOV CPI (NIC) -0.1% M/M

20/11/2001 15:59 ITALY FERRARA PRELIMINARY NOV CPI (NIC) +0.2% M/M

20/11/2001 16:21 Bloomberg: Euro Little Changed vs Dollar; European Economies Seen Slowing

20/11/2001 16:25 UK BLAIR SAYS SUCCESSFUL EURO 'CRITICAL TO US ALL'

20/11/2001 16:26 UK BLAIR: UTTERLY SELF-DEFEATING TO ISOLATE UK FROM EUROPE

20/11/2001 16:30 SEP US TRADE GAP $18.7 BN VS AUG $27.1B (PREV $27.1B)

20/11/2001 16:30 SEP US SERVICES SURPLUS $17.2B VS $7.0B IN AUG

20/11/2001 16:30 SEP US IMPORTS -14.0% TO $96.0B; EXPORTS -8.5% TO $77.3B

20/11/2001 16:31 COMMERCE: INSURANCE SERVICES IMPORTS ADJ DN BY $11.0B ON 9/11

20/11/2001 16:31 SEP US IMPRT:IND SUPLS -$651M;NAT GAS -$487M;CRUDE OIL -$157M

20/11/2001 16:31 EP US/JAPAN NSA GAP $5.4B VS AUG $5.4B; SEP00 $6.0B

20/11/2001 16:32 SEP EXPORTS: INDUSTRIAL SUPPLY -$1.0B, AUTOS -$272M

20/11/2001 16:32 SEP US/OPEC NSA GAP $3.3B VS AUG $3.4B; SEP00 $4.3B

20/11/2001 16:32 COMMERCE: SEPT US TRADE GAP DROP LARGEST ON RECORD (JAN92)

20/11/2001 16:33 COMMERCE:SEPT US TRADE GAP, EXPORTS, IMPORTS LOWEST SINCE 3/99

20/11/2001 16:33 CANADA SEPT TRADE SURPLUS UP TO C$4.71BN VS C$3.92BN IN AUG

20/11/2001 16:33 CAN SEPT ENERGY EXPORTS -14.2%; AUTO PRODUCTS -3.5%

20/11/2001 16:34 AN SEPT ENERGY IMPORTS -7.2%; AUTO PRODUCTS -7.2%

20/11/2001 16:34 CAN SEPT SURPLUS WITH US UP TO C$7.77 BN; ALL OTHERS DEFICIT

20/11/2001 16:34 CAN OCT COMPOSITE INDEX +0.1% TO 166.8

20/11/2001 16:58 US REDBOOK STORE SALES +1.5% NOV 2001 VS OCT THRU NOV 17 WK

20/11/2001 16:58 REDBOOK: US STORE SALES +2.1% NOVEMBER 2001 VS NOVEMBER 2000

20/11/2001 17:00 BTM-UBSW:US SAME-STORE SALES -0.5% NOV17 WK VS +0.6% NOV10

20/11/2001 17:00 BTM-UBSW:US SAME-STORE SLES +2.4% WK ENDED NOV17 VS YR-AGO WK

20/11/2001 17:00 BTM-UBSW: NOV17 WK RETAILERS SALES GENERALLY ON-TO-BELOW PLAN

20/11/2001 18:02 OCT US LEADING INDEX +0.3%; SEP UNREVISED AT -0.5%

20/11/2001 18:02 OCT US COINCIDENT INDEX -0.2%; LAGGING INDEX -0.3%

20/11/2001 18:02 US CONF BRD:LRGST ADDS VENDOR PERF,INT RATES,STKS,MONEY SUPPLY

20/11/2001 18:02 US CONF BRD:LRGST NEGS CLAIMS, AVG WORKWEEK, BLDG PERMITS

20/11/2001 18:03 US CONF BRD: DECLINE IN COINC INDEX SIGNALS MILD RECESSION

20/11/2001 18:10 PHIL FED US ECON SURVEY: 4Q '01 US GDP SEEN FALLING 1.9%

20/11/2001 18:10 PHIL FED: 1Q '02 US GDP SEEN RISING 0.1%

20/11/2001 18:12 PHIL FED SURVEY: US UNEMPLOYMNT TO PEAK 6.1% IN 3QTR '02

20/11/2001 18:14 PHIL FED: SEPT 11 REDUCED REAL GDP 0.5 PERCENTAGE PTS IN '01

20/11/2001 18:14 PHIL FED: SEP 11 ALSO REDUCED REAL GDP 1.33 PERCENTAGE PTS '02

20/11/2001 20:01 IMF:'SOME HUMILITY IS NEEDED' RE TENTATIVE ITALY FORECAST

20/11/2001 20:01 IMF: NEAR TERM ITALIAN RECOVERY PROSPECTS'DIMMED'DUE TO SEP11

20/11/2001 20:01 IMF: ITALY MUST HAVE BUDGET BALANCE IN '03,PERHAPS SURPLUS

20/11/2001 20:01 IMF: PUBLIC EXPENDITURE REFORM'LITMUS TEST'OF ITALY PROGRESS

20/11/2001 20:02 IMF: ITALIAN CPI SEEN 2.6% IN '01; 1.4% IN '02

20/11/2001 20:02 IMF: ITALIAN UNEMPLOYMENT RATE SEEN 9.5% IN '01

20/11/2001 20:02 IMF: ITALIAN AVG 1-YR GOVT BOND RATE SEEN 5.0% IN '01

20/11/2001 21:20 POOLE: NO ONE KNOWS HOW LONG SEP11 NEGATIVE EFFECTS TO LAST

20/11/2001 21:21 ST LOU FED'S POOLE:POST SEP11 SECURITY WON'T HARM PRODUCTIVITY

20/11/2001 21:21 POOLE: INFL FEARS THAT ACCOMPANIED KOREAN WAR NOT EVIDENT NOW

20/11/2001 21:21 POOLE: MUCH BETTER OFF IN SOCIETY SOMETIMES TOO EXUBERANT

20/11/2001 21:21 POOLE: TRAVEL TIME LOST POST SEP11 IS 'SIGNIFICANT'FOR SOCIETY

20/11/2001 21:21 POOLE: SEES'SIGNIFICANT SUBSTITUTION'FOR SHORT,MEDIUM AIR TRAV

20/11/2001 21:21 POOLE: MON,FISCAL STIM PART OF REASON FOR POST SEP 11 OPTIMISM

20/11/2001 21:54 ECB'S TRICHET:EU HICP UNDER 2% IN 1ST HALF 2002

20/11/2001 21:54 TRICHET:SEES NO INFLATION UPSURGE IF OIL PRICES REBOUND

20/11/2001 21:54 TRICHET: REPEATS, SEES NO RECESSION IN EURO ZONE

20/11/2001 22:30 POOLE TO RPTRS:THEORETICALLY SPEAKING,CAN CUT RATES TO ZERO

20/11/2001 22:31 POOLE W/RPTRS: DESPITE SLOWDOWN,INVENTORIES HAVE BEEN REDUCED

20/11/2001 22:31 POOLE W/RPTRS:CAR SALES,REGARDLESS OF INCENTIVES, ENCOURAGING

20/11/2001 22:31 POOLE W/RPTRS:OUTSIZED RETAIL SALES REPORT JUST PRELIMINARY