Wednesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, AUGUST 18, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, […]
Japan July Exports Continue Rising From Pandemic-Hit 2020; Flat on Month
By Max Sato (MaceNews) – Japanese exports continued posting a sharp year-on-year rise in July, recovering from the pandemic-caused slump of 2020, led by demand for automobiles and steel as seen in recent months, data released Wednesday by the Ministry of Finance showed. Japanese passenger cars, steel and semiconductor-producing equipment continued drawing strong demand while […]
Japan June Machine Orders Dip, Rebound in Q2; Sharp Q3 Rise Seen
By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, took a breather in June after three months of gains, but they appear to be headed for a sharp gain in the July-September quarter after a rebound in April-June, data released Wednesday by the Cabinet Office showed. Orders […]
Fed’s Powell Warns of Ongoing Covid Risks; Says Economy Far From Full Recovery
By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Jerome Powell warned of the continued economic risks posed by the mutating Covid virus Tuesday. And Powell stressed that the economy remains far from completing recovery from the initial outbreak of the pandemic and from achieving the “maximum employment” aspect of the Fed’s dual mandate. The […]
BofA Global Research Fund Manager Survey: Prospects of Fed Taper, China Easing, Delta Variant Concerns Weigh on Growth Outlook
By Vicki Schmelzer NEW YORK (MaceNews) – Federal Reserve tapering prospects, potential People’s Bank of China easing and the fast-paced spread of the COVID-19 Delta variant weighed on the growth outlook in August, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. Even though world growth expectations slipped more markedly […]