Forex news and forecasts archive for 2002-11-25

25/11/2002 08:07 Good morning!

25/11/2002 08:12 Global Calendar for Mohday Nov. 25

25/11/2002 08:18 Forex - Dollar/yen stable in midafternoon Tokyo ahead of big bank results

25/11/2002 08:18 S&P/ASX 200 CLOSES UP 5.5 PTS AT 3,041.3

25/11/2002 08:27 ALL ORDS CLOSES UP 5.5 PTS AT 3,004.9

25/11/2002 08:34 Australian Current Account Gap Seen Widening: Bloomberg Survey

25/11/2002 08:37 Japan October Trade Surplus Widens More Than Expected

25/11/2002 09:09 NIKKEI 225 INDEX CLOSES UP 171.88 PTS AT 8,944.44

25/11/2002 09:34 Euro drops under parity on dollar again

25/11/2002 09:59 GERMANY OCT PPI ENERGY PRICES +1.0% M/M, -0.9% Y/Y

25/11/2002 10:00 GERMANY OCT EXPORT PRICES UNCH. M/M, +0.5% Y/Y; SEP +0.2% Y/Y

25/11/2002 10:01 GERMANY OCT PPI EX-OIL -0.2% M/M, +0.2% Y/Y; SEP -0.9% Y/Y

25/11/2002 10:02 GERMAN OCT PPI UP 0.3 PCT VS SEPT; UP 0.3 PCT YR-ON-YR

25/11/2002 10:02 GERMANY OCT IMPORT PRICES UNCH M/M, +0.2% Y/Y; SEP -1.4% Y/Y

25/11/2002 10:42 SPAIN MEDIAN FORECAST: OCTOBER PPI +0.1% M/M, +1.6% Y/Y

25/11/2002 10:52 Economy to grow by over 4pc in 2003

25/11/2002 11:01 DAX OPENS 1.90 POINTS HIGHER AT 3,322.78

25/11/2002 11:01 CAC-40 INDEX OPENS 11.18 PTS HIGHER AT 3,316.96

25/11/2002 11:02 SPAIN OCT PPI +0.1% M/M, +1.6% Y/Y; SEP +1.1% Y/Y

25/11/2002 11:03 SPAIN OCT PPI CONSUMER GOODS -0.1% M/M, +2.3% Y/Y

25/11/2002 11:07 SPAIN OCT PPI CAPITAL GOODS +0.1% M/M, +1.4% Y/Y

25/11/2002 11:08 SPAIN OCT PPI INTERMEDIATE GOODS +0.2% M/M, +1.1% Y/Y

25/11/2002 11:08 HANG SENG INDEX CLOSES UP 35.45 PTS AT 10,100.77

25/11/2002 11:34 DUTCH OCT BUSINESS CONFIDENCE MINUS 0.6 VS MINUS 2.4 IN SEPT

25/11/2002 11:59 ECB:EMU SEP CURRENT ACCT SURPLUS E8.0 BN;SEP01 SURPLUS E0.7B

25/11/2002 12:00 ECB:EMU SEP PORTFOLIO INVEST INFLOW E15.8 BN;AUG INFLOW E4.5B

25/11/2002 12:01 ECB:EMU SEP DIRECT INVEST OUTFLOW E3.4 BN; AUG INFLOW E1.7 BN

25/11/2002 12:03 ECB:EMU SEP MONEY MKT INVEST OUTFLOW E4.0 BN; AUG INFLOW E9.3B

25/11/2002 13:59 GERMANY: SAXONY NOV CPI -0.4% M/M, +0.5% Y/Y; OCT +0.6% Y/Y

25/11/2002 14:00 DANISH ECONOMIC COUNCIL RAISES 2002 GDP FORECAST TO 1.7 PCT FROM 1.5 PCT

25/11/2002 14:01 DANISH ECONOMIC COUNCIL CUTS 2003 GDP FORECAST TO 1.9 PCT FROM 2.2 PCT

25/11/2002 14:34 EU SOURCE:COMMISSION TO PROPOSE NEW GUIDELINES WED TO CUT DEBT

25/11/2002 14:35 EU SOURCE: SOLBES PLAN NOT NEW RULES, CLARIFIES EXISTING RULES

25/11/2002 14:44 Solbes to propose stability pact reforms

25/11/2002 14:45 German import prices steady in Oct

25/11/2002 14:46 Eurozone current account surplus jumps to E8.0bn

25/11/2002 14:49 German State Reports Show November Inflation Slows (Update5)

25/11/2002 15:09 GERMAN NOV PRELIMINARY CPI DOWN 0.4 PCT VS OCT, UP 1.1 PCT YR-ON-YR

25/11/2002 15:10 GERMANY PREL. NOV HICP -0.4% M/M, +1.1% Y/Y; OCT +1.3% Y/Y

25/11/2002 15:20 EURO SLIPS BELOW 0.99 USD AS DOLLAR SHORT COVERING CONTINUES

25/11/2002 15:38 NASDAQ 100 DEC FUTURES CONTRACT UP 6.50 AT 1123.00 AT 7.40 AM

25/11/2002 15:39 DJIA DEC FUTURES CONTRACT UP 30 AT 8826.00 AT 7.40 AM

25/11/2002 16:27 German inflation drop clears way for ECB cut

25/11/2002 16:53 BOJ OFFICIAL DOESN'T SEE SHIFT IN RESERVES 'BASIC GUIDELINES'

25/11/2002 16:54 BOJ OFFICIAL: BOJ CONTINUING TO FOLLOW RESERVE GUIDELINES

25/11/2002 16:55 BOJ OFFICIAL BELIEVES YAMAGUCHI WAS REINFORCING GUIDELINES

25/11/2002 17:31 NASDAQ COMPOSITE UP 1.90 AT 1,470.64 AT 9.30 AM

25/11/2002 17:31 DJIA DOWN 3.57 AT 8,801.27 AT 9.30 AM

25/11/2002 17:38 GERMANY ECOMIN:DESPITE EURO RISE GOOD 4Q EXPORT GROWTH CHANCES

25/11/2002 17:39 UK BROWN REPEATS WILL MAKE EURO ASSESSMENT BY JUNE NEXT YEAR

25/11/2002 17:41 UK BROWN: PUB-SECTOR PAY RISES MUST BE AT SUSTAINABLE RATE

25/11/2002 17:43 UK BROWN: SUPPORTS FUNDAMENTAL ECONOMIC REFORM IN EUROPE

25/11/2002 17:44 UK BROWN: CUTTING SPENDING/BORROWING NOW WOULD DEPRESS DEMAND

25/11/2002 17:45 UK BROWN: WILL HOLD FIRM TO 'TOUGH' FISCAL RULES

25/11/2002 18:03 OCT US EXISTING-HOME SALES 5.77 MN VS SEP 5.44 MN

25/11/2002 18:04 US'S O'NEILL IN UK:FED EASES AVERT A POTENTIAL CREDIT CRUNCH

25/11/2002 18:06 US'S O'NEILL:US CAN'T BE SOLE ENGINE FOR WORLD ECONOMIC GROWTH

25/11/2002 18:07 US'S O'NEILL:BUSH TO PROPOSE NEW ECON, JOBS PLAN EARLY NEXT YR

25/11/2002 18:09 US O'NEILL: EXPECTING UPWARD REVISION TO Q3 GDP DATA

25/11/2002 18:11 US O'NEILL: HIGH TECH SECTORS STILL ABSORBING OVER CAPACITY

25/11/2002 18:13 O'NEILL EXPECTS Q3 US GDP GROWTH TO BE REVISED UP FROM PRELIMINARY 3.1 PCT

25/11/2002 18:13 US O'NEILL: STILL EARLY TO ESTIMATE HOW Q4 GROWTH WILL EVOLVE

25/11/2002 18:15 US O'NEILL: JOBLESS CLAIMS NUMBERS GOOD SIGN US ECON RECOVERING

25/11/2002 18:22 O'NEILL SEES US GDP GROWTH RISING TO 3.5-4.0 PCT IN H2 2003

25/11/2002 21:30 BOE BEAN: BOOST TO UK DEMAND MAY SEE SHARPER SPEND. FALL LATER

25/11/2002 21:30 BOE BEAN: UK HOUSE PRICES MAY SURPRISE ON UPSIDE NEAR-TERM

25/11/2002 21:30 BOE BEAN:CBANKS MUST BE READY TO ACT PRE-EMPTIVELY ON DEFLAT'N

25/11/2002 21:31 BOE BEAN: HIGH UK DEBT LVLS MAY UP ADVERSE ECON SHOCK EFFECT

25/11/2002 21:31 BOE BEAN: SOME TALK OF CHANCES OF GLOBAL DEFLATION 'OVERDONE'

25/11/2002 21:31 BOE BEAN: UPSIDE UK ECON RISKS NR-TERM, DOWNSIDE RISKS LATER

25/11/2002 21:31 BOE BEAN: GOOD REASONS WHY US WON'T SLIDE INTO DEFLATION

25/11/2002 21:39 FED'S MCDONOUGH URGES JAPAN TO REFORM ECONOMY

25/11/2002 21:39 FED'S MCDONOUGH WARNS ON LONG-TERM US CURRENT ACCT DEFICIT

25/11/2002 21:44 FED'S MCDONOUGH: CONFIDENT IN US ABILITY TO MANAGE ECONOMY

25/11/2002 21:45 FED'S MCDONOUGH: CONFIDENT US ECONOMY OUT OF RECESSION

25/11/2002 22:05 MOSKOW W/RPTRS:STILL IN EARLY STAGES OF RECOVERY

25/11/2002 22:06 MOSKOW W/RPTRS:AFTER RECOVERY,PRODUCTIVITY INEVITABLY SLOWS

25/11/2002 22:07 MOSKOW W/RPTRS:PRODUCTIVITY,GDP ESTS REASONABLE FOR NOW

25/11/2002 22:45 ECB WELTEKE SEES EMU INFL FALLING BELOW 2% IN 2003

25/11/2002 22:45 ECB WELTEKE: DOESN'T SEE UPWARD PRICE PRESSURES IN EMU

25/11/2002 22:46 ECB WELTEKE: CURRENT ECB RATE LEVEL NO IMPEDIMENT TO EMU GDP

25/11/2002 22:47 ECB WELTEKE: SEES NO STAGNATION/DEFLATION RISK IN GERMANY

25/11/2002 22:48 ECB WELTEKE: M3 GROWTH IS HIGH BUT NO THREAT TO PRICES