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POLL-Turkey's current account deficit at $10 bln in January; $43.5…
<p website poll ISTANBUL, March 8 (Reuters) - Turkey is expected to record a current account deficit of $10 billion in January on the back of gold imports, a Reuters poll showed on Wednesday, while the deficit was seen at $43.5 billion in 2023. In a Reuters poll, the median estimate of 11 economists for the current account deficit in January was $10 billion, with forecasts ranging from $6 billion to $11.1 billion. Turkey's trade deficit, a major component of the current account, widened 38% in January to $14.24 billion, data showed, mainly due to the sharp rise in gold…
by chelseyuvs
Russia seen increasing state FX selling in coming month, survey shows
<p website poll results * Finance ministry to announce FX selling plan on March 3 * This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, March 2 (Reuters) - Russia's finance ministry is expected to increase its sales of foreign currency for state reserves to about $2.4 billion in the coming month, a Reuters survey showed on Thursday. The finance ministry will announce its buying plan for the period of March 7 to April 6 at 0900 GMT on Friday. The median forecast from a survey of five analysts suggested Russia…
by chelseyuvs
POLL-Turkey's current account deficit at $10 bln in January; $43.5…
<p website poll ISTANBUL, March 8 (Reuters) - Turkey is expected to record a current account deficit of $10 billion in January on back of gold imports, a Reuters poll showed on Wednesday, while the deficit was seen at $43.5 billion in 2023. In a Reuters poll, the median estimate of 11 economists for the current account deficit in January was $10 billion, with forecasts ranging from $6 billion to $11.1 billion. Turkey's trade deficit, a major component of the current account, widened 38% in January to $14.24 billion, data showed, mainly due to the sharp rise in gold imports…
by chelseyuvs
POLL-Fed to stay the course with 25 bps rate hike on March 22
<p website economic poll data * <p website Fed rates poll data By Prerana Bhat and Indradip Ghosh BENGALURU, March 17 (Reuters) - The U.S.Federal Reserve will raise interest rates by 25 basis points on March 22 despite recent banking sector turmoil, according to a strong majority of economists polled by Reuters who were divided on the risks to their terminal rate view. Market pricing for the upcoming meeting has been on a roller-coaster ride, switching from expecting a 50 basis point move after Fed Chair Jerome Powell's testimony last week to a pause at one point following the failure…
by charliejansen2
POLL-BOJ will end YCC in 2023 but tweak this week unlikely,…
<p website GDP poll data * <p website core CPI poll data By Kantaro Komiya and Eimi Yamamitsu March 8 (Reuters) - The Bank of Japan will end its long-term yield control policy this year, the majority of economists said in a Reuters poll, anticipating academic Kazuo Ueda's new leadership to dismantle the complex easing scheme and restore bond market functionality. The demise of yield curve control (YCC) has been the market's focus for the Japanese central bank after its originator, the incumbent governor Haruhiko Kuroda, ends his second five-year term on April 8. Although all but one forecast no…
by charliejansen2
POLL-ECB deposit rate to peak at 3.75% or higher as inflation stays…
<p website GDP poll data * <p website ECB deposit rate long term outlook * <p website ECB refi rate long term outlook By Jonathan Cable LONDON, March 10 (Reuters) - The peak for European Central Bank interest rates will be much higher than thought only a month ago, according to economists polled by Reuters, and they added that stubbornly high inflation would push policymakers to be more aggressive. Having flagged a 50 basis-point lift next week at the previous Governing Council meeting, link shortener ECB President Christine Lagarde doubled down on Sunday and said the increase was "very very…
by charliejansen2
POLL-Mexico peso to pare recent gains but be kept firm by tight policy
<p website poll data on Mexico peso * <p website poll data on Brazil real By Gabriel Burin BUENOS AIRES, Feb 7 (Reuters) - Mexico's peso is set to pare its advance of recent months but will keep trading at firm levels, helped by the central bank's aggressive policy tightening to combat elevated inflation, a Reuters poll showed. While the decline would give back part of the currency's appreciation of almost 5% during 2022, the best performance in 5 years, it would still leave the peso near 20 per U.S.dollar, around which it has oscillated since 2017. The unit strengthened…
by charliejansen2
POLL-Turkey's current account deficit at $10 bln in January; $43.5…
<p website poll ISTANBUL, March 8 (Reuters) - Turkey is expected to record a current account deficit of $10 billion in January on back of gold imports, a Reuters poll showed on Wednesday, while the deficit was seen at $43.5 billion in 2023. In a Reuters poll, the median estimate of 11 economists for the current account deficit in January was $10 billion, with forecasts ranging from $6 billion to $11.1 billion. Turkey's trade deficit, a major component of the current account, widened 38% in January to $14.24 billion, data showed, mainly due to the sharp rise in gold imports…
by charliejansen2