White House and Other Schedules for Wednesday, June 29
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, JUNE 29 – THURSDAY, JUNE 30, 2022 Wednesday, June 29, 2022 The President will participate in the NATO Summit in […]
Preview: BOJ June Tankan Sentiment Mixed; Manufacturers Down, Services Up
–Covid Lockdowns in China, High Producer Costs Weigh on Factory Operators –Services Seen Upbeat on Japan’s Eased Covid Rules, Summer Spending Hopes –Business Confidence Projected to Improve in September Amid Uncertainty –Firms, Large and Small, Expected to Revise Up Their Combined FY22 Capex Plans By Max Sato (MaceNews) – The Bank of Japan’s quarterly Tankan […]
Germany’s Business Conditions Worsened Slightly in June, Ifo Reports
ZURICH (MaceNews) – German businesses were a bit more pessimistic in June than a month ago, as their view of both current conditions and their expectations for future developments were judged more negatively. The Ifo business climate index fell to 92.3 in June from 93.0 the previous month. Economists had expected a slight drop to […]
Japan Q1 GDP Revised Up Slightly on Inventory Buildup
–Higher Private Inventories Vs. Initial Estimate Offset Weaker Capex –Private Consumption Flat, Revised Up to Avoid Slight Drop –Q2 GDP Expected to Show Rebound on Eased Covid Rules but Exports Slow By Max Sato (MaceNews) – Japan’s economic slump in the January-March quarter, reflecting Covid restrictions on consumer spending and a surge in import costs, […]
Preview: Japan Q1 GDP Slip Seen Revised Down Slightly on Softer Capex
–Forecasts for Weaker Capex, Higher Private Inventories Based on MOF Survey –Private Consumption Seen Flat, Unrevised from Preliminary Data –Q2 GDP Growth Expected to Rebound As Covid Restrictions Eased By Max Sato (MaceNews) – Japan’s economic slump in the January-March quarter, which was caused by the drag from Covid restrictions on consumer spending and a […]
ISM: US May Service Sector Growth Continues Slowing Amid Labor Shortages, Supply Constraints 
–ISM’s Nieves: Fed Tightening on Overall US Service Sector Seen Limited –ISM: Demand for Services Still Strong; May’s Slower Growth Expected –ISM: New Orders Index Rebounds, Prices Index Eases from April’s Record High By Max Sato (MaceNews) – US service sector growth slowed further in May as companies continued tackling labor shortages and supply delays […]
Japan Q1 GDP Slips on Import Surge but Domestic Demand Resilient Despite Covid Spike
–Private Consumption Flat Vs Sharp Drop Forecast, Capex Rise Solid–Imports Jump on Covid Vaccine Purchases, Outpacing Export Growth–Q2 GDP Rebound Expected but High Costs, Supply Constraints Linger By Max Sato (MaceNews) – Japan’s economy contracted slightly in the January-March quarter after a sharp rebound in October-December as a surge in imports pushed down net exports, […]
Preview Update: Japan Q1 GDP Contraction Seen Amid Covid Restrictions, Supply Delays
–Consumption Hit by Public Health Rules During Most of January-March –Capex Slower on Supply Constraints, High Producer Costs Amid Ukraine War –Q2 GDP Rebound Expected as Economy Reopens but Uncertainty Lingers –Japan GDP Report at 19:50 ET Tuesday By Max Sato (MaceNews) – Japan’s gross domestic product for the January-March quarter is forecast by economists […]
White House and Other Schedules for Thursday, April 28
WASHINGTON (MaceNews)—The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US Data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, APRIL 28, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the President will […]
<strong>Japan Govt Sees Economic Pickup Signs, Warns of Downside Risks from Inflation, Markets, War </strong>
By Max Sato (MaceNews) – Japan’s government Friday maintained its overview that the economy is showing signs of a pickup amid some soft spots as Covid cases appear to have peaked, but also warned that rising prices, volatile financial markets, and the war in Ukraine could heighten downside risks, according to its monthly report released […]