Forex news and forecasts archive for 2001-11-07

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07/11/2001 08:04 GOOD MORNING !

07/11/2001 08:37 Calendar for November 7-8

07/11/2001 09:06 NIKKEI 225 INDEX CLOSES DOWN 348.74 PTS AT 10,284.98

07/11/2001 09:17 JAPAN TO ISSUE NET 1.32 TRLN YEN BONDS TO FINANCE EXTRA BUDGET

07/11/2001 09:28 AFX Japan/Far East markets summary: Tokyo shares down, dollar mixed, gold down

07/11/2001 09:31 Japan approves yr to March extra budget spending nominal 3 trln yen

07/11/2001 09:33 Shiokawa - No plans for 2nd extra budget; may consider some more spending

07/11/2001 09:34 SNB raises Lombard rate to 4.375 pct vs 4.250 pct

07/11/2001 09:39 Forex - Dollar eases in midmorning Tokyo on yen short-covering after Fed cut

07/11/2001 09:45 IMF Sees EMU'01 GDP of+1.6%,'02 +1.5%;Dn Rev Expected

07/11/2001 10:10 Political, Economic Calendar (Week)

07/11/2001 10:20 : FOREX-Dollar wobbles, euro climbs ahead of ECB

07/11/2001 10:24 : ANALYSIS-Japan may have to live with deflation

07/11/2001 10:41 IMF Sees EMU'01 GDP of +1.6%, '02 +1.5% Dn Rev Expected

07/11/2001 11:04 DAX OPENS 7.50 POINTS HIGHER AT 4,715.15

07/11/2001 11:05 ŅAC-40 INDEX OPENS 30.06 PTS HIGHER AT 4,491.75

07/11/2001 11:08 Bloomberg: Dollar Falls on Concern Rate Cuts Haven't Restored U.S. Growth

07/11/2001 11:37 Market Technicals from Commerzbank AG

07/11/2001 11:49 : TECHNICALS-Forex market outlook and key levels (EURO/DOLLAR)

07/11/2001 12:02 : Euro extends gains to day's highs vs dlr, yen

07/11/2001 13:11 OUTLOOK ECB should cut rates tomorrow as inflation worries evaporate

07/11/2001 13:13 AFX: Euribor Interest Rate Fixings

07/11/2001 13:18 : UK gilt yields plunge after Fed rate cut

07/11/2001 13:43 Bloomberg: Dollar Falls on Concern U.S. Economy May Take Longer to Recover

07/11/2001 14:00 GERMANY SEP MFG ORDERS -4.1% M/M; AUG +0.8% M/M (+1.2%)

07/11/2001 14:00 GERMANY SEP MFG ORDERS DROP BELOW ALL FORECASTS IN MNI SURVEY

07/11/2001 14:01 GERMANY SEP DOMESTIC MFG ORDERS -3.6% M/M, FOREIGN -5.0% M/M

07/11/2001 14:01 GERMANY 3Q MFG ORDERS -2.6% Q/Q; 2Q -1.7% Q/Q: MNI CALC.

07/11/2001 14:01 EMU AUG REAL ADJ. RETAIL SALES +0.3% M/M, +1.8% Y/Y

07/11/2001 14:02 EURO ZONE OCT BUSINESS CLIMATE INDICATOR MINUS 1.14 VS 0.57 IN SEPT

07/11/2001 14:02 EMU JLY RETAIL SALES REVISED +0.3% M/M,+1.5% Y/Y (+0.3%,+1.3%)

07/11/2001 14:02 EMU OCT BUS. CLIMATE INDX:BIGGEST DROP EVER,LOWEST SINCE JUL96

07/11/2001 14:06 ROTH: SHOULD NOT UNDERESTIMATE SNB'S MONETARY POLICY AUTONOMY

07/11/2001 14:06 ROTH: SNB, ECB POLICES OFTEN SIMILAR DUE TO CLOSE ECON. TIES

07/11/2001 14:07 ROTH: SNB CLOSELY WATCHING CHANGES TO CHF'S INTERNATIONAL ROLE

07/11/2001 14:07 ROTH: SNB CLOSELY WATCHING CHANGES TO CHF'S INTERNATIONAL ROLE

07/11/2001 14:07 GERMANY LOWERS YIELD OF BOBL SERIES 139 TO 3.45 PCT VS 3.56

07/11/2001 14:11 EMU Snap: Oct Business Confidence Indicator Largest Fall Ever

07/11/2001 14:35 EMU Snap: Aug Retail Sales +0.3% M/M, +1.8% Vs Year Ago

07/11/2001 14:37 LIBOR Fixings for dollar, sterling, euro

07/11/2001 15:01 **MORTGAGE BANKERS US SA MARKET INDX +23.0% TO 1037.9 NOV 2 WK

07/11/2001 15:02 **ECB WELTEKE:ECB,FISCAL POLICIES CAN'T PREVENT CYCLICAL SLOWDN

07/11/2001 15:03 WELTEKE: BUT SENTIMENT WEAKER THAN ACTUAL ECON. DEVELOPMENTS

07/11/2001 15:03 WELTEKE: ECONOMIC REALITY CAN BE DIFFERENT THAN EXPECTATIONS

07/11/2001 15:03 WELTEKE: REASON FOR CAUTIOUS OPTIMISM ON EMU REFORM PATH

07/11/2001 15:04 BUBA'S WELTEKE SAYS MILITARY CONFLICTS, ANTHRAX COULD INFLUENCE CONFIDEN

07/11/2001 15:04 *BUBA'S WELTEKE SAYS ROOM FOR MANOEUVRE IN EURO ZONE MUSTN'T BE SQUAND

07/11/2001 15:05 *BUBA'S WELTEKE SAYS IMPACT OF THIS YR'S RATE CUTS PARTLY STILL TO APPEAR

07/11/2001 15:05 *BUBA'S WELTEKE SAYS MILITARY CONFLICTS, ANTHRAX COULD INFLUENCE

07/11/2001 15:06 *BUBA'S WELTEKE SAYS ROOM FOR MANOEUVRE IN EURO ZONE MUSTN'T BE

07/11/2001 15:06 *BUBA'S WELTEKE SAYS WORLD ECONOMY 'MARKEDLY' WEAK AND INSECURE

07/11/2001 15:07 *BUBA'S WELTEKE SAYS MONETARY POLICIES CANNOT PREVENT ADJUSTMENTS IN ECONOMY

07/11/2001 15:07 ECB'S WELTEKE: EMU FISCAL POLICY 'CLEARLY EXPANSIVE' AT MOMENT

07/11/2001 15:10 Buba's Welteke says yet to see full impact of this yr's rate cuts

07/11/2001 16:11 : FOREX-Dollar feels heat in wake of Fed cut, euro glows

07/11/2001 16:30 3Q US UNIT LABOR COSTS +1.8% VS 2Q +2.6%;YR/YR +3.9%

07/11/2001 16:31 *US BLS: MADE 0.3 PCT PT DNWARD ADJUSTMENT TO BUS HRS WORKED

07/11/2001 16:31 3Q US MFG PROD +1.1%(2Q +0.9%);MFG LBR CSTS +4.0%(2Q +5.2%)

07/11/2001 16:32 3Q US MFG OUTPUT -6.7% (2Q -5.0%); HOURS -7.7% (2Q -5.8%)

07/11/2001 16:32 3Q US IMPLICIT PRICE DEFLTR +1.5% (2Q +1.5%);Y/Y +1.8%

07/11/2001 16:32 US BLS: ADJ TO HOURS MADE TO REFLECT BEA WAGE ADJUSTMENTS

07/11/2001 17:06 FWN: Dollar moves higher after stronger-than-expected US data

07/11/2001 17:10 US WEEK TO NOV 2 CRUDE STOCKS UP 3.6 MLN BARRELS TO 311.9 MLN - DOE

07/11/2001 17:10 * U.S. 3Q Non-Farm Productivity +2.7%; Consensus +2.1%

07/11/2001 17:20 Effective FED Funds Rate 2.13% TUES, Range 2%-3%

07/11/2001 17:24 3Q US Output low since Q193(-1.3%);HRS low Since Q191(-4.8%)

07/11/2001 17:29 NY FX: NY Traders Surprised By Euro Rally On Squaring /ECB Cut

07/11/2001 17:40 : Dlr pares losses vs. euro after Q3 productivity

07/11/2001 17:48 Dollar Falls on Concern U.S. Economy May Take Longer to Recover

07/11/2001 18:00 IMF OFFL:SEES GERMANY 2001 GDP +0.7%; 2002 GDP ABOUT +1.0%

07/11/2001 18:01 IMF OFFL:SEES GERMANY 2001 GDP +0.7%; 2002 GDP ABOUT +1.0%

07/11/2001 18:01 IMF OFFL: 'ROOM FOR DOWNWARD REV' IN GERMANY GDP,DEPENDS ON US

07/11/2001 18:10 IMF OFFL: GERMANY WOULD BENEFIT FROM FURTHER ECB RATE CUTS

07/11/2001 18:10 IMF: GERMANY CORE INFL. LOW, HEADLINE INFL. SHOULD FALL MORE

07/11/2001 18:10 **SEP US WHOLESALE INVENTORIES -0.1%; AUG REV TO -0.2% (-0.1%)

07/11/2001 18:10 IMF: WAGE MODERATION 'ESSENTIAL' FOR RECOVERY, UNEMP. DECLINE

07/11/2001 18:10 IMF: GERMANY FISCAL POLICY OPTIONS LIMITED BY DEFICIT, DEBT

07/11/2001 18:11 IMF: BUT GERMANY AUTOMATIC STABILISERS SHLD BE ALLOWED TO WORK

07/11/2001 18:11 IMF:DESPITE 2001-2 OVERSHOOTS, GERMANY DEFICIT CUT PATH INTACT

07/11/2001 18:11 IMF STRESSES NEED FOR REFORM TO IMPROVE ECONOMIC RESILIENCE

07/11/2001 18:11 IMF DIRECTORS DIVIDED ON ADVANCING TAX CUTS IF NO EARLY UPTURN

07/11/2001 18:11 IMF OFFL: WEAK GERMANY OCT IFO 'QUITE A BIG SURPRISE'

07/11/2001 18:11 IMF OFFL: CONT'D WEAK NOV IFO WOULD IMPACT IMF FORECASTS

07/11/2001 18:33 BANK OF CANADA SEES 2% GDP ANN RATE 1ST HALF'02;4% 2ND HALF

07/11/2001 18:34 BOC SEES AVE GRWTH 1.5% IN 2001;0 TO NEGATIVE GWTH IN Q4 '01

07/11/2001 18:34 BOC SEES SLOW US RECOVERY 1ST HALF 2002;STRONG REBOUND 2H

07/11/2001 18:34 BOC ALL PROJECTIONS 'RISKY' BECAUSE OF UNUSUAL UNCERTAINTY

07/11/2001 18:36 BOC ASSUMES NO MORE TERRORISM AND RETURN OF BIZ/CONS CONFIDNCE

07/11/2001 18:36 BOC SEES CORE INFL BELOW 2% IN EARLY '02 FALLING TO 1.5% 2H

07/11/2001 18:46 US SEN LOTT: FED RATE CUT'WAS POSITIVE'FOR US ECONOMY

07/11/2001 18:46 US SEN LOTT:'DISTURBED' BY SENATE DEMOCRATS' STIMULUS BILL

07/11/2001 18:46 US SEN LOTT:MORE THAN TWO-THIRDS DEMS STIM BILL IS SPENDING

07/11/2001 18:46 US SEN LOTT:ON TRACK TO SPEND $90BLN MORE IN'02 THAN'01

07/11/2001 18:47 US SEN LOTT:BUSH VETO THREAT ON NEW SPENDING WILL FORCE DEAL

07/11/2001 18:47 US SEN LOTT: CAP HILL GOP WON'T LET BUSH GET'SHOVED AROUND'

07/11/2001 18:47 DOW JONES INDUSTRIAL AVG MOVES ABOVE SEPT 10 CLOSING LEVEL

07/11/2001 19:14 MNI SURVEY: 43 OF 48 TRADERS (90%) EXPECT ECB CUT NOV. 8

07/11/2001 19:14 MNI SURVEY: 35 OF TRADERS EXPECTING CUT SEE 25 BP; 8 SEE 50BP

07/11/2001 20:00 BOC'S DODGE:CENBANKS STILL HAVE ROOM TO CUT RATES,MOVE ECON

07/11/2001 20:00 OC'S DODGE:4% CAN GRWTH 2H'02 STILL LEAVES OUTPUT GAP TO FILL

07/11/2001 20:00 BOC'S DODGE:US-CAN UNEMP TO RISE;MFG OUTPUT TO FALL

07/11/2001 20:00 BOC'S DODGE: SEES SLOW US-CAN IMPROVEMENT IN EARLY '02

07/11/2001 20:01 BOC'S DODGE: SEES SOLID CANADA REBOUDN 2ND HALF 2002