Jonathan's Feed
Oct 23, 2014

Business activity improves in China, euro zone but little sign of turnaround

LONDON/BEIJING (Reuters) – Euro zone businesses performed much better than forecasters expected this month and China’s vast factory sector grew a shade faster but there were worrying signs that the upturn could be short-lived.

The improvement in purchasing managers’ surveys, released on Thursday, will ease some worries about the outlook for the global economy, but news that companies in the euro zone cut prices at the steepest rate in almost five years will be of concern to the European Central Bank, which is striving to ward off the risk of deflation in the region.

Oct 23, 2014

Euro zone business growth unexpectedly gains pace, prices still falling: PMI

LONDON, (Reuters) – Euro zone businesses performed much better than anyone expected this month but did so by slashing prices again, and optimism about the future fell to its lowest level in over a year, surveys showed on Thursday.

The growth data will provide some relief for the European Central Bank but news that firms cut prices for the 31st month, and at the steepest rate than in almost five years, will stoke fears of deflation in the region.

Oct 16, 2014

First UK rate hike still expected in first quarter ’15 despite low inflation: Reuters poll

LONDON (Reuters) – Falling inflation, stock markets and growth rates have virtually wiped out lingering expectations for a Bank of England interest rate hike this year though the consensus for a rise early in 2015 has not budged, a Reuters poll found on Thursday.

Only one of the 60 economists polled by Reuters during recent days of market turmoil expects Britain’s central bank to raise rates from their record low of 0.5 percent before 2014 is over, compared to six of 45 in a September poll.

Oct 16, 2014

First UK rate hike still expected in Q1 ’15 despite low inflation

LONDON (Reuters) – Falling inflation, stock markets and growth rates have virtually wiped out lingering expectations for a Bank of England interest rate hike this year though the consensus for a rise early in 2015 has not budged, a Reuters poll found on Thursday.

Only one of the 60 economists polled by Reuters during recent days of market turmoil expects Britain’s central bank to raise rates from their record low of 0.5 percent before 2014 is over, compared to six of 45 in a September poll.

Sep 25, 2014

Global stock market rally set to continue into 2015: Reuters poll

By Jonathan Cable and Rahul Karunakar

(Reuters) – Global stock markets will keep climbing well into 2015 as they shift away from a liquidity driven rally to focus on growth expectations, although many strategists also warned in a worldwide Reuters poll that prices are already very high.

Accommodative monetary policy has driven a bull market in stocks in recent years, but the Bank of England is expected to raise interest rates early next year and the U.S. Federal Reserve not long after, tempering future gains.

Sep 25, 2014

Global stock market rally set to continue into 2015

Sept 25 (Reuters) – Global stock markets will keep climbing
well into 2015 as they shift away from a liquidity driven rally
to focus on growth expectations, although many strategists also
warned in a worldwide Reuters poll that prices are already very
high.

Accommodative monetary policy has driven a bull market in
stocks in recent years, but the Bank of England is expected to
raise interest rates early next year and the U.S. Federal
Reserve not long after, tempering future gains.

Sep 23, 2014

Euro zone growth slows as Chinese factories trundle on

LONDON/BEIJING, Sept 23 (Reuters) – Euro zone business
growth dipped to a 2014 low in September as firms again cut
prices, while factory activity in China picked up only slightly,
surveys showed, keeping the spotlight on policymakers’ plans for
economic stimulus.

The data seems sure to dishearten the European Central Bank,
struggling to spur growth and revive disconcertingly low
inflation and whose head Mario Draghi again raised prospects on
Monday of using extra unconventional measures if needed.

Sep 23, 2014

Euro zone business growth slows in Sept as prices keep sliding – PMI

LONDON, Sept 23 (Reuters) – Euro zone business activity has expanded at a slightly weaker pace than expected in September as firms cut prices for the 30th month in a row, a survey showed on Tuesday.

The data will dishearten the European Central Bank, which is struggling to spur growth and revive inflation rooted way below its target.

Sep 23, 2014

Euro zone business growth slows in September as prices keep sliding: PMI

LONDON (Reuters) – Euro zone business activity has expanded at a slightly weaker pace than expected in September as firms cut prices for the 30th month in a row, a survey showed on Tuesday.

The data will dishearten the European Central Bank, which is struggling to spur growth and revive inflation rooted way below its target.

Sep 11, 2014

Scottish ‘Yes’ vote poses significant risk to UK growth forecasts

LONDON (Reuters) – If Scotland votes for independence next week, existing consensus forecasts predicting Britain will enjoy some of the best economic growth in the developed world could well be scuppered, a Reuters poll found.

The latest opinion polls put the outcome of the September 18 referendum as to whether Scotland goes it alone a close call and 15 of the 18 economists quizzed by Reuters this week said a “Yes” vote posed a significant or highly significant risk to their forecasts.