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  • 2013-02-15 02:10


    Date Available through: February 8, 2013 Data are monthly unless otherwise noted

    Jan-13 Dec-12 Nov-12 Oct-12 Sep-12 Aug-12

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    Payroll Level Change (thou) -21.9 +39.8 +59.3 +1.8 +52.1 +34.3 Unemployment Rate 7.0% 7.1% 7.2% 7.4% 7.4% 7.3% Average Weekly Earnings +0.5% +0.9% -0.5% +0.4%

  • 2013-02-15 02:10


    Source: Bank of Canada Billions of Canadian Dollars

    Announce Date Offering Amount Auction Date Issue Date Maturity Date

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    07-Feb-13 2-year 3.300 13-Feb-13 15-Feb-13 01-May-15 12-Feb-13 98-day 6.450 26-Feb-13 28-Feb-13 06-Jun-13 12-Feb-13 168-day 2.400 26-Feb-13 28-Feb-13 15-Aug-13 12-Feb-13 350-day 2.400 26-Feb-13 28-Feb-13 13-Feb-14 14-Feb-13 30Y real --- 20-Feb-13 25-Feb-13 -- 21-Feb-13 5-year --- 27-Feb-13 04-Mar-13 -- 26-Feb-13 98-day --- 12-Mar-13 14-Mar-13 -- 26-Feb-13

  • 2013-02-15 02:03


    Trade Balance - December - E Bn (SA)

    Median Forecast 11.4 High forecast 15.0 Low forecast 10.0 Previous period 11.0 - Number of responses 5 - 4Cast 10.0 BNP Paribas 15.0 Capital Economics 11.0 Citi 12.3 Soc. Generale 11.4

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    * Median is based on above forecasts and is not intended to represent a consensus.

  • 2013-02-15 01:51


    TOKYO (MNI) - The following is the median forecasts for Japanese economic data due in the coming week provided by economists surveyed by MNI.

    Japan is likely to post the seventh straight trade deficit and the second largest shortfall on record in January, hit by sluggish overseas demand and its heavy reliance on energy imports, which are becoming more costly as the yen remains weak against the dollar.

    But on the bright side, exports are forecast to have risen 5.0% on year last month, which would be the first gain in eight months after -5.8% in December and -4.1% in November, thanks to signs of a pickup in the U.S. and Chinese economies -- the two largest markets for Japanese goods.

    There is also a calendar factor working in favor of Japanese exports this year.

  • 2013-02-15 01:17


    -No Evidence High Iron Ore Price Prompting Invest Plan Change

    SYDNEY (MNI) - The Reserve Bank of Australia's forecast for growth to accelerate in 2014 is based on assumption that growth outside the resources sector picks up gradually and they will be looking for signs in the months ahead, a senior RBA official said Friday.

    RBA Assistant Governor Christopher Kent made the comments at a speech in Perth titled "Reflections On China and Mining Investment in Australia" to the Committee for Economic Development of Australia.

    "Our expectation is that growth of economic activity will be a little below trend over 2013 before picking up a little in 2014," Kent said, referring to the latest forecasts made in quarterly Statement of Monetary Policy published last week.

  • 2013-02-15 01:07


    TOKYO (MNI) - The Bank of Japan on Friday offered a brighter outlook for industrial production, saying it will show a gradual recovery in the coming months.

    "Industrial production is projected to pick up gradually," the BOJ said in its monthly economic report for February.

    In January the bank said, "Industrial production is projected to stop decreasing and then start picking up."

    The BOJ also upgraded its outlook for exports, saying, "Exports are expected to stop decreasing and start picking up as overseas economies gradually emerge from the deceleration phase."

    On the current economic climate, the BOJ said on Thursday after a two-day policy meeting, "Japan's economy appears to have stopped weakening."

    It was an upgrade from its statement last month tha

  • 2013-02-15 00:18


    SINGAPORE, Feb. 15 (MNI) - The dollar was mixed in the Asian session Friday, after risk FX recovered from initial lows ahead of a long weekend in the United States and the Group of 20 meeting, where exchange rates are likely to be discussed.

    With recent mixed signals from officials about exchange rates, event risk associated with the weekend's G20 meeting remains high, dealers said.

    "The hot potato on the G20 agenda will be to avoid competitive currency devaluation that is threatening to raise the possibility of a currency war that in turn would threaten to derail economic growth," commented UOB analysts.

  • 2013-02-14 18:09


    Moscow G20

    * The Group of 20 finance ministers and central bankers set to meet in Moscow Friday and Saturday will commit to avoid exchange rate misalignments in their communique, but will avoid the use of the term "currency war," a senior Eurozone official told MNI. "There is a commitment for the foreign exchange rate priorities but nothing specific. The draft says that the G20 are committed to avoid exchange rate misalignments," the official said.

  • 2013-02-14 17:26


    -All release dates are subject to change without notice

    Date GMT / ET Release Previous

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    tba-Feb 1030 / 530 Dec IBC-Br econ activity m/m SA +0.40% tba-Feb 1030 / 530 Dec IBC-Br econ activity y/y SA +2.67%

    19-Feb 1100 / 600 Dec IBGE retail sales ex-auto SA m/m +0.3% 19-Feb 1100 / 600 Dec IBGE retail sales ex-auto y/y +8.4% 22-Feb 1100 / 600 Feb IBGE IPCA 15 consumer prices m/m +0.88% 22-Feb

  • 2013-02-14 17:00


    NEW YORK (MNI) - The Federal Reserve Bank of New York Thursday released the following statement on FX intervention:

    "The U.S. monetary authorities did not intervene in the foreign exchange markets during the October - December quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress.

    During the three months that ended December 31, 2012, the dollar appreciated 11.3 percent against the Japanese yen and depreciated 2.5 percent against the euro.