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Legal & General has also upped its profit forecasts, saying that cost cutting was paying off.
Many analysts have complained about company forecasts, saying that since taking over as chief executive, Mr. Ward has been far too optimistic about the company's prospects.
Nokia also pushed forward, by about six months, a couple of milestone industry forecasts, saying that it would achieve one billion customers by the first half of 2002 and that the number of Internet-enabled mobile phones would exceed the number of personal computers by 2003.
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Even the most optimistic forecasts say that is years away.
But if this euro rally goes where the forecasts say, that will change.
Pessimistic forecasts say that the share of non-performing loans could reach 20%.
report, without making forecasts, said that productivity and confidence in the consumer and business sectors were the keys to the future of the United States economy.
And weather forecasts say that temperatures will remain in the 90's at least until Sunday evening, when thunderstorms are expected.
Forecasts say that Houston may get fifty inches of rain from this storm which is the city's average annual rainfall.
The latest forecasts say that parched West and South Texas will remain dry, and that the state is likely to see above-average temperatures this spring, increasing evaporation from already strained reservoirs.
As recently as two years ago, anyone predicting the current state of affairs (not only is unemployment disastrously high, but most forecasts say that it will stay very high for years) would have been dismissed as a crazy alarmist.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com