Jonathan's Feed
Jul 30, 2014

First BoE member to vote for interest rate hike in August-Reuters Poll

LONDON, July 30 (Reuters) – It could be as soon as next week
that the first member of the Bank of England’s Monetary Policy
Committee votes to increase interest rates but it will be early
2015 before a majority agrees, a Reuters poll found on
Wednesday.

The first hike from the record low 0.5 percent Bank Rate, in
place since early 2009, will probably come in February, the poll
suggested. But even then it will only rise 25 basis points and
it will be several years, if ever, to reach pre-crisis levels of
over 5 percent.

Jul 18, 2014

Bank of England to hold fire on rates until early 2015 – Reuters poll

LONDON (Reuters) – Fears of snapping off the British economy’s deepening economic roots will prevent the Bank of England from raising interest rates from their record low of 0.5 percent until early next year, a Reuters poll found.

Unemployment has already fallen below the central bank’s target, the economy is bigger than it was before the financial crisis and inflation has risen close to its targeted level.

Jul 17, 2014

Bank of England to hold fire on rates until early 2015

LONDON (Reuters) – Fears of snapping off the British economy’s deepening economic roots will prevent the Bank of England from raising interest rates from their record low of 0.5 percent until early next year, a Reuters poll found.

Unemployment has already fallen below the central bank’s target, the economy is bigger than it was before the financial crisis and inflation has risen close to its targeted level.

Jul 3, 2014

Poll- Chance grows that Bank of England will hike interest rates this year

LONDON (Reuters) – The Bank of England will not raise interest rates until early next year but the likelihood it pulls the trigger before then is growing, a Reuters poll found on Thursday.

Median forecasts from the poll of over 60 economists, taken this week, suggest the Bank will deliver its first hike of 25 basis points from the current record low of 0.5 percent in the first three months of next year.

Jul 3, 2014

Chance grows that Bank of England will hike interest rates this year: Reuters poll

LONDON (Reuters) – The Bank of England will not raise interest rates until early next year but the likelihood it pulls the trigger before then is growing, a Reuters poll found on Thursday.

Median forecasts from the poll of over 60 economists, taken this week, suggest the Bank will deliver its first hike of 25 basis points from the current record low of 0.5 percent in the first three months of next year.

Jul 3, 2014

Euro zone business growth slows as ECB meets

LONDON (Reuters) – Euro zone firms expanded at their slowest rate in six months in June while cutting the prices they charge, surveys showed, signalling business conditions remain tricky as monetary authorities prepare to give a policy update.

Business activity in France, the euro zone’s second-biggest economy, shrank at the fastest rate in four months while in Germany, the largest, the pace of growth slowed.

Jul 3, 2014

Euro zone business growth slows in June as French activity drops: PMI

LONDON, (Reuters) – Euro zone business expanded at the slowest rate in six months in June, a survey showed on Thursday, but new orders poured in at the fastest pace in over three years, suggesting growth will accelerate in the second half of the year.

Activity in France, the bloc’s second-biggest economy,shrank at the fastest rate in four months and even in Germany, the backbone of the common currency area, the pace of growth eased.

Jul 1, 2014

Asian stimulus boosts factories, euro zone still lags

LONDON/TOKYO, July 1 (Reuters) – Manufacturing activity in
Asia’s industrial powerhouses China and Japan gained pace in
June, fuelled by improving demand at home, but euro zone growth
faltered as main motor Germany slowed.

Business surveys published on Tuesday confirmed factory
output expanded across Asia following months of decline in its
two biggest economies, as massive stimulus packages from the
authorities in Beijing and Tokyo begin to take effect.

Jul 1, 2014

Euro zone manufacturing growth eases in June, France slowdown weighs -PMI

LONDON, July 1 (Reuters) – * Euro zone June manufacturing
PMI falls to 51.8

* Growth led by Germany and periphery but France contracts

* Factories working down old orders to keep busy

By Jonathan Cable

LONDON, July 1 (Reuters) – Euro zone manufacturing growth
eased slightly more than previously thought last month and
factories fulfilled existing orders to keep busy, a business
survey showed on Tuesday.

Jun 26, 2014

Asian stocks to lead global equities higher in coming year: Reuters poll

By Jonathan Cable and Rahul Karunakar

(Reuters) – Asia will spearhead gains in global equities in the coming year as ample central bank liquidity boosts shares, according to a worldwide Reuters poll that pointed to more modest gains for developed markets.

The vast majority of the more than 250 analysts and investors polled this week predicted virtually all of 21 stock indexes globally would rise.