BOJ June Tankan Business Sentiment Mixed; Manufacturers Down, Services Up
–Covid Lockdowns in China, High Producer Costs Weigh on Factory Operators –Services Upbeat on Japan’s Eased Covid Rules, Summer Spending Hopes –Business Confidence Seen Flat to Softer in September Amid Uncertainty –Firms, Large and Small, Revise Up Their Combined FY22 Capex Plans By Max Sato (MaceNews) – Confidence among major manufacturers in Japan sagged for […]
White House and Other Schedules for Friday, July 1
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: White House Friday – Having returned to the White House from Madrid late Thursday, Pres Biden has little on his Friday schedule except a meeting […]
Japan June Tokyo CPI Y/Y Rise Stays Above 2% but BOJ Keeps Easing Stance 
–Energy, Food Prices Lead Inflation; BOJ Sees Impact of Commodity Prices Spike Fading in FY23 –Gasoline Price Markups Smaller on Govt Subsidies; Utilities Costs High but Also Easing By Max Sato (MaceNews) – The year-on-year rise in consumer prices in Tokyo, the leading indicator of the national average, continued edging up above the Bank of […]
Japan May Jobless Rate Ticks Up from April but Job Growth Up on Year
–Numbers of Lost Jobs, People Looking for Other Openings Both Up from April –May Unemployment at 2.6%, Up from April’s 2-Year Low Level of 2.5% By Max Sato (MaceNews) – Japanese payrolls posted the second straight increase from year-earlier levels in May as Covid restrictions were eased in late March, but materials, parts and products […]