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Forex news - recent top stories



15:03,  12 July 2007
US May trade deficit up 2.3 pct to 60.0 bln usd as expected 
WASHINGTON (Thomson Financial) - The US trade deficit rose 2.3 pct in May to 60.0 bln usd as Americans imported more and more expensive oil and other commodities.Economists were looking for a 60.0 bln usd deficit, expecting imports to recover from their April slide.

12:49,  12 July 2007
Forex - Euro at all-time high against dollar following strong GDP data 
LONDON (Thomson Financial) - The euro continued to post fresh all-time highs against the dollar, supported by an unexpected upward revision to first quarter GDP growth and robust industrial production figures.


See also:       

• France 

• Eurozone & UK 

• Economic news 

20:22, Monday, 04 September 2006

Bank of France sees 2006 growth closer to 2.5 pct than 2 pct UPDATE


PARIS (AFX) - Bank of France governor Christian Noyer forecast that growth in France and the eurozone this year will "probably" be closer to 2.5 pct than 2 pct.

Noyer said he feels growth in France has a sound base, and sees no reason for a significant slowdown, although he does not expect France to maintain the quarterly growth rate of 1.1 pct seen in the second quarter.

The French government continues to expect GDP to grow towards the upper end of the 2-2.5 pct range, according to finance minister Thierry Breton.

Meanwhile, Noyer also declared that there are signs of a slowdown in the French property market.

Prices for homes excluding new builds in France rose 8.8 pct year on year in July, confirming the slowdown seen since the beginning of 2005, according to the monthly Fnaim survey published last week.

newsdesk@afxnews.com

afp/abr


 

Forex news - 04 September 2006
03:00 Forex - US dollar mixed Sydney morning after US holiday weekend
01:42 NZealand raises growth forecast for yr to March 2007 to 1.5 pct from 0.8 pct
01:29 Dun&Bradstreet survey shows falling Australian business expectations
23:43 Judge declines Airbus' bid to axe lawyer
20:22 Bank of France sees 2006 growth closer to 2.5 pct than 2 pct UPDATE
07:40 Bush vows to keep workers competitive
18:44 Alcatel purchase of Lucent seems likely
18:28 Home sales rise on Kalamazoo promise
17:45 AFX European summary - late
17:42 EU says it has received revised Polish shipyard restructuring plans
19:01 Bush warns on foreign oil dependence
17:35 Forex - Yen stays firm but comes off earlier highs; euro, pound steady
16:50 IWH sees eastern German growth slowing to 0.5 pct in Q3 vs 0.7 pct in Q2
05:18 OUTLOOK European economic data scheduled for today, Sept 5
15:45 AFX NEWS BRIEFING: Macroeconomics highlights to 15:30 BST



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