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Monday 4 June 2007

Jun 4 2007, 09:25 GMT

TFN NEWS BRIEFING: Macroeconomics highlights to 10:10 BST



http://www.afxnews.com/
2007-06-04 10:00:15
Euro zone April PPI up 0.4 pct vs March, up 2.4 pct yr-on-yr
BRUSSELS (Thomson Financial) - Euro zone producer prices rose 0.4 pct in
April from March, and were up 2.4 pct year-on-year, EU statistics office
Eurostat said.
2007-06-04 10:00:14
UK May construction sector PMI falls to 58.0; input prices at 9-month high
LONDON (Thomson Financial) - UK construction sector growth slowed in May
after hitting its highest level in almost three and a half years in April, but
remained strong, supported by ongoing demand for housing, the Chartered
Institute of Purchasing and Supply said.
2007-06-04 09:52:16
Hong Kong Land Registry May deals value up 3.1 pct on-mth; up 35.3 pct on-yr
HONG KONG (XFN-ASIA) - Property transactions registered at the Land Registry
of Hong Kong in May totaled 44.9 bln hkd in value terms, up 3.1 pct from the
preceding month, and up 35.3 pct year-on-year, the agency said in a statement.
2007-06-04 09:21:52
OUTLOOK EU finance ministers to agree Germany no longer breaches deficit rule
BRUSSELS (Thomson Fin - EU finance ministers are set to agree tomorrow that
Germany is no longer in breach of the stability and growth pact's deficit limit.
2007-06-04 08:56:11
Poland 5 mths budget deficit narrows to 14.5-15 pct of FY projection - minister
WARSAW (Thomson Financial) - Poland's cumulative budget deficit to the end
of May was 14.5-15 pct of the projection for the the whole of 2007, lower than
an earlier forecast of 16-17 pct, said Deputy Finance Minister Elzbieta
Suchocka-Roguska.
2007-06-04 08:51:34
Base metals prices set to remain high on demand from Asia - Xstrata CEO
ZURICH (Thomson Financial) - Base metals and other raw materials prices are
set to maintain their current highs amid huge demand from China and India,
Xstrata PLC chief executive Mick Davis said.
2007-06-04 08:47:40
UK inflation could hit 5 pct in the year ahead, leading economist warns
LONDON (Thomson Financial) - Inflation in the UK could rise to as high as 5
pct in the year ahead, a leading economist has warned, according to the Daily
Telegraph.
2007-06-04 08:30:59
Thailand's NESDB trims 2007 economic growth forecast to 4.0-4.5 pct
BANGKOK (XFN-ASIA) - The National Economic and Social Development Board
(NESDB) revised its growth projection for the economy for this year to 4.0-4.5
pct from a previous estimate of 4.0-5.0 pct, saying political uncertainty would
affect domestic consumption and investment.
2007-06-04 08:23:25
Hong Kong to withstand China market turmoil - HKMA chief executive
HONG KONG (XFN-ASIA) - Hong Kong can cope with any turbulence on the China
stock markets but investors should be prepared for increased volatility, said
Joseph Yam, chief executive of the Hong Kong Monetary Authority (HKMA).
2007-06-04 08:10:26
Spain May jobless down 2.4 pct vs April, down 1.5 pct yr-on-yr
MADRID (Thomson Financial) - The number of jobless fell by 49,893 people, or
2.4 pct, in May from April and was down 1.5 pct from a year earlier, the labour
ministry said.
2007-06-04 04:57:19
OUTLOOK Forecasts for US economic indicators to be released this week
WASHINGTON (Thomson Financial) - These are the consensus forecasts compiled
by Thomson IFR Markets for the major US economic indicators to be released in
the coming week.
2007-06-04 04:31:33
OUTLOOK Highlights of US economic indicators to be released this week
WASHINGTON (Thomson Financial) - Here are the highlights of US economic
indicators to be released this week. Thomson's IFR Markets provided the median
forecasts.
2007-06-04 04:21:13
OUTLOOK Euro zone economic data forecasts for the week ahead
LONDON (Thomson Financial) - The following are consensus forecasts for euro
zone economic indicators due this week.
2007-06-04 02:45:38
Australia Q1 company gross profits up 7.6 pct vs Q4 rise 2.5 pct
SYDNEY (XFN-ASIA) - Gross company profits rose a seasonally adjusted 7.6 pct
to 47.049 bln aud in the three months to March compared to the December quarter,
and were up 17.1 pct year-on-year, the Australian Bureau of Statistics said.
2007-06-04 02:44:52
Australian business confidence picks up - Dun & Bradstreet
SYDNEY (XFN-ASIA) - Dun & Bradstreet said its June survey of business
expectations shows Australian businesses are expecting a strong start to the new
financial year in Australia starting July 1.
2007-06-04 02:31:26
Australia's ANZ May job ads jump 10.3 pct from April, up 40.8 pct yr-on-yr
SYDNEY (XFN-ASIA) - Job advertisements in newspapers and on the Internet
during May averaged 251,998 per week, jumping 10.3 pct from April and up 40.8
pct from a year earlier, Australia and New Zealand Banking Group Ltd (ANZ) said.
2007-06-04 02:10:42
China reiterates to introduce fuel tax at right time; studying 'environment tax'
BEIJING (XFN-ASIA) - China has reiterated that it will introduce a fuel tax
at an "appropriate" time, adding that it is currently studying the feasibility
of an "environment tax" designed to encourage energy efficiency and pollutant
reduction, State Council documents show.
2007-06-04 01:19:19
Japan Q1 non-financial firms' capital investment up 13.6 pct year-on-year
TOKYO (XFN-ASIA) - The combined capital investment of non-financial
companies was 13.6 pct higher in the first quarter than a year before, growing
for the 16th straight quarter and growing at a double-digit rate for the fifth
straight quarter, the results of a government survey show.
2007-06-04 01:08:17
Japan May monetary base falls 5.7 pct yr-on-yr, down for 15th straight month
TOKYO (XFN-ASIA) - The monetary base in May fell 5.7 pct from a year before
to 88.787 trln yen, dropping for the 15th
consecutive month, preliminary data from the Bank of Japan showed.

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