Forex news and forecasts archive for 2002-11-13

13/11/2002 08:01 Good morning!

13/11/2002 08:02 HANG SENG INDEX CLOSES MORNING DOWN 26.88 PTS AT 9,586.

13/11/2002 08:06 Japan Jul-Sep Real GDP Up 0.7% On Qtr Vs F'cast +0.5%

13/11/2002 08:08 Japan GDP: Domestic Demand Adds 0.8 Pt To Growth

13/11/2002 08:10 Japan GDP: Private Consumption Up 0.8% On Qtr

13/11/2002 08:11 Japan GDP: Private Capital Expenditure Down 0.9% On Qtr

13/11/2002 08:12 Japan GDP: Public Fixed Investment Down 1.6% On Qtr

13/11/2002 08:13 Japan GDP:Jul-Sep GDP Deflator At -1.6% Vs Apr-Jun -1.0%

13/11/2002 08:15 Japan Govt: GDP Deflator Worsens For 18 Straight Qtrs

13/11/2002 08:25 SHIOKAWA SEES 2.7-2.8 TRLN YEN TAX REVENUE SHORTAGE THIS YR - LDP'S YASUOKA

13/11/2002 09:10 S&P/ASX 200 CLOSES DOWN 11.5 PTS AT 2,971.0

13/11/2002 09:11 ALL ORDS CLOSES DOWN 10.7 PTS AT 2,932.2

13/11/2002 09:11 NIKKEI 225 INDEX CLOSES DOWN 26.25 PTS AT 8,438.52

13/11/2002 09:36 Germany's ZEW tumbles in November

13/11/2002 09:52 Japan GDP Expands 0.7% in 3rd Qtr, More Than Expected

13/11/2002 10:10 Economist says euro to lose parity with dollar

13/11/2002 10:13 GERMANY PRESS: WISE MEN SEE 2002 GERMAN GDP +0.2%, 2003 +1.0%

13/11/2002 10:15 GERMANY PRESS: WISE MEN SEE 2002 GERMAN INFL. +1.4%, 2003 +1.6%

13/11/2002 10:16 GERMANY PRESS: WISE MEN SEE 2002 GERMAN DEFICIT +3.7%/GDP

13/11/2002 10:16 PRESS:WISE MEN SEE 03 GERMAN DEFICIT 2.7% IF GOVT PLAN ENACTED

13/11/2002 10:18 PRESS:WISE MEN SEE 2003 GERMAN DEFICIT 3.3% IF NO CUTS ENACTED

13/11/2002 10:19 GERMANY PRESS: WISE MEN SEE 2002 EMU INFL. +2.2%, 2003 +1.9%

13/11/2002 10:20 PRESS: WISE MEN SEE 2002 GERMAN UNEMP 4.06 MN, 2003 4.17 MN

13/11/2002 10:21 UK MEDIAN FORECAST: OCT CLAIMANT COUNT UNEMPLOYMENT UNCH. M/M

13/11/2002 10:22 UK MEDIAN FORECAST: SEP UNIT WAGE COSTS +2.2% 3M Y/Y

13/11/2002 10:23 UK MEDIAN FORECAST: SEP HEADLINE AVERAGE EARNINGS +3.8% 3M Y/Y

13/11/2002 10:40 Median Forecast: France Sept Trade Surplus Seen at E700 Mln

13/11/2002 10:44 FRANCE SEPT SA TRADE SURPLUS E517 MLN VS AUG +E1.532 BN

13/11/2002 10:46 FRANCE JAN-SEPT SA TRADE +E8.751 BN VS JAN-SEPT 2001 +E1.561 BN

13/11/2002 10:47 France Median Forecast: Oct CPI Seen Up 0.1% m/m; +1.8% y/y

13/11/2002 10:49 FRANCE PREL OCT HICP +0.2% M/M; +1.9% Y/Y; SEP +1.8% Y/Y

13/11/2002 10:50 FRANCE PREL OCT NSA CPI +0.2% M/M, +1.9% Y/Y; SEP +1.8% Y/Y

13/11/2002 10:51 FRANCE PREL OCT SA CPI +0.2% M/M, +1.9% Y/Y; SEP +1.9% Y/Y

13/11/2002 10:52 FRANCE PREL OCT CORE CPI +0.1% M/M, +2.0% Y/Y; SEP +2.1% Y/Y

13/11/2002 11:01 DAX OPENS 19.18 POINTS LOWER AT 3,096.70

13/11/2002 11:02 CAC-40 INDEX OPENS 16.39 LOWER AT 3,048.25

13/11/2002 12:06 Japansese economy grows by 3pc in 2002

13/11/2002 12:10 Forex - Majors rangebound in early London trade ahead of Greenspan testimony

13/11/2002 12:32 UK SEP HEADLINE AVERAGE EARNINGS +3.8% VS +3.8% IN AUG

13/11/2002 12:33 UK SEP SINGLE-MONTH AVERAGE EARNINGS 3.7% Y/Y VS +3.6% AUG

13/11/2002 12:34 UK SEP AVERAGE EARNS EX-BONUSES 3.6% Y/Y VS 3.4% Y/Y IN AUG

13/11/2002 12:36 UK OCT CLAIMANT COUNT LOWEST SINCE 1975

13/11/2002 12:37 UK OCT CLAIMANT COUNT JOBLESS DOWN ADJ 4,500 AT 940,500; RATE 3.1 PCT

13/11/2002 12:38 UK 3 MONTHS TO SEPT MANUFACTURING UNIT WAGE COSTS UP ADJ 1.9 PCT YR-ON-YR

13/11/2002 12:39 UK JUL-SEP ILO UNEMPLOYMENT UP 45,000 Q/Q; RATE +5.3%

13/11/2002 12:40 UK SEP HEADLINE PRIVATE SECTOR AVERAGE EARNINGS +3.8% Y/Y

13/11/2002 12:42 UK JUL-SEP ILO UNEMP. RATE HIGHEST SINCE SEP-NOV 2000

13/11/2002 12:43 UK SEP CLAIMANT COUNT UNEMPLOYMENT REVSD TO -1,200 FROM -200

13/11/2002 13:29 EU COMMISSION CUTS EMU 02 GDP TO 0.8% (1.4%); '03 1.8% (2.9%)

13/11/2002 13:30 EU REPORT: EMU 2002 HICP 2.3% (PREV 2.2%); '03 HICP 2% (2%)

13/11/2002 13:31 EU REPORT: EMU RECOVERY STARTS H2 '03 IF OIL DN, STOCKS STABLE

13/11/2002 13:32 EU REPORT: GERMANY '02 GDP FORECAST 0.4%, '03 1.4%, '04 2.3%

13/11/2002 13:33 EU REPORT: EMU GENERAL GOVT DEFICIT FORECAST 2.3% GDP, EU 1.9%

13/11/2002 13:34 EU REPORT: UK 2002 DEFICIT 1.1% GDP, '03 1.3%; '02 GDP 1.6%

13/11/2002 13:36 EU REPORT: EU '02 GDP 1.0% (PREV 1.5%); EU '02 GDP 2.0% (2.9%)

13/11/2002 13:37 EU CUTS GERMAN 2002 GDP GROWTH FORECAST TO 0.4 PCT VS 0.8; 2003 TO 1.4 VS 2.7

13/11/2002 13:38 EU CUTS FRENCH 2002 GDP GROWTH FORECAST TO 1.0 PCT VS 1.6; ITALY 0.4 VS 1.4

13/11/2002 13:39 EU RAISES EURO AREA 2002 INFLATION FORECAST TO 2.3 PCT VS 2.2

13/11/2002 13:40 GERMANY WISE MEN: BUT ONLY LIMITED ECB LEEWAY FOR RATE CUT

13/11/2002 13:40 BOE: BUT ALSO RISK THAT UK HOUSE PRICE INFL MORE PERSISTENT

13/11/2002 13:43 BOE SEES RPIX INFLATION ABOVE 2.5 PCT BY YR END, MOST OF 2003

13/11/2002 13:44 BOE SAYS RISKS TO INFLATION HIGHER BUT LOWER FOR GDP GROWTH

13/11/2002 13:45 BOE SEES RISKS FROM CONTINUED RISES IN UK HOUSE PRICE INFLATION

13/11/2002 13:46 BOE SEES UK GDP GROWTH 'LITTLE ABOVE TREND' EARLY 2003 BEFORE EDGING BACK

13/11/2002 13:48 BOE'S KING SAYS STRENGTH OF UK HOUSING MARKET HAS EXCEEDED MPC EXPECTATIONS

13/11/2002 13:49 EU SOLBES: COMMISSION WILL LAUNCH EARLY WARNING VS FRANCE

13/11/2002 13:50 EU SOLBES CONFIRMS EXCESSIVE DEFICIT VS GERMANY

13/11/2002 13:52 EU SOLBES: ALL STEPS TO KEEP GERMANY 03 DEFICIT UNDER 3%

13/11/2002 13:53 EU SOLBES SEES COMMISSION APPROVING FRANCE WARNING NEXT WEEK

13/11/2002 13:54 BOE KING: PROJECTION FOR WORLD ECON 'VERY SIMILAR' TO AUGUST

13/11/2002 13:55 BOE KING: JAPAN LOOKS A BIT STRONGER, EURO AREA A BIT WEAKER

13/11/2002 13:56 EU SOLBES: ITALY BUDGET 'APPROACHING DANGEROUS TERRITORY'

13/11/2002 13:57 EU SOLBES: COMMISSION LOOKING TO BETTER ENFORCE DEBT CRITERIA

13/11/2002 13:59 BOE BEAN SEES CONSUMPTION GROWTH PICKING UP TO TREND IN Q4

13/11/2002 14:00 EMU 2Q TOTAL HOURLY LABOR COSTS UNREVISED AT +3.6% Y/Y

13/11/2002 14:06 EU SOLBES: EURO EXCHANGE RATE LEVEL A MATTER FOR THE MARKETS

13/11/2002 14:07 SOLBES SAYS 'SATISFIED' WITH LEVEL OF EURO

13/11/2002 14:09 Euro holds ground as market looks to Greenspan

13/11/2002 14:09 UK Oct claimant count falls but overall jobless rising

13/11/2002 16:01 Germany's "wise men" warn budget "out of control"

13/11/2002 16:02 Sept non-EU trade surplus but exports falling

13/11/2002 16:11 GERMANY EICHEL RENEWS PLEDGE TO CUT 2003 DEFICIT BELOW 3%/GDP

13/11/2002 16:13 GERMANY EICHEL: 2002 DEFICIT LIKELY TO BE 3.7-3.8% OF GDP

13/11/2002 16:34 GERMANY EICHEL:REPEATS WILL BALANCE PUBLIC SECTOR BUDGET BY 06

13/11/2002 17:31 NASDAQ COMPOSITE DOWN 7.34 AT 1,344.22 AT 9.30 AM

13/11/2002 17:32 DJIA DOWN 3.67 AT 8,382.33 AT 9.30 AM

13/11/2002 18:06 GREENSPAN -US ECONOMY 'HAS HIT A SOFT PATCH,' RATE CUT SHOULD 'PROVE HELPFUL'

13/11/2002 18:06 GREENSPAN SAYS 'SEVERAL FORCES' CONTINUE TO WEIGH ON THE ECONOMY

13/11/2002 18:06 GREENSPAN SAYS CONSUMER SPENDING HAS SLOWED OVER COURSE OF YEAR

13/11/2002 18:06 IMF URGES FRANCE AGAINST NEW TAX CUTS, UNTIL SPENDING 'WELL UNDER CONTROL'

13/11/2002 18:08 MANY IMF DIRECTORS URGE FRENCH GOVT TO ACCEPT EARLY EU FARM REFORM (CAP)

13/11/2002 18:09 IMF DIRECTORS DIFFER OVER FRENCH 2003 BUDGET; SOME URGE MORE SPENDING CUTS

13/11/2002 18:11 IMF SAYS FRENCH INFLATION OUTLOOK 'REMAINS BENIGN'

13/11/2002 18:33 War with Iraq could cut EU growth: Solbes

13/11/2002 20:52 ECB'S WELTEKE: CURRENT INTEREST RATES NO OBSTACLE TO GROWTH

13/11/2002 20:52 ECB'S WELTEKE:NO SENSE IN RAISING M3 GROWTH REFERENCE RATE

13/11/2002 20:54 ECB'S WELTEKE:WEAKER EMU GDP SUGGESTS LOWER INFL. AHEAD

13/11/2002 20:54 ECB'S WELTEKE:ECB MUST CONSIDER WEAKER EMU GDP/INFL. OUTLOOK

13/11/2002 20:57 ECB'S WELTEKE:HIGH M3 GROWTH DUE IN PART TO MKT UNCERTAINTY

13/11/2002 20:58 WELTEKE:LOWER GERMANY GDP EXPECTATIONS AFFECTING EMU OUTLOOK