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 […]
Analysis: Japan PM Kishida to Face Bad Economic News After Omicron Storm
–Economists Revise Down Forecasts to Show Slight Contraction in 1Q By Max Sato (MaceNews) – Japanese Prime Minister Fumio Kishida is likely to face bad news on the economic front after barely surviving voter frustration over public health restrictions imposed about two months ago aimed at fighting a surge in Covid infections caused by the […]
Japan Q4 GDP Growth Unexpectedly Revised Down on Softer Consumption 
— Capex Shows Slight Downward Revision Vs. Projected Upward Revision — Public Works Revised Down As Expected, Its Negative Contribution Unrevised — Q1 GDP Growth Seen Slower Amid Covid Restrictions, Rising Costs, Ukraine By Max Sato (MaceNews) – Japan’s economic rebound in the October-December quarter was unexpectedly revised down slightly as consumer spending turned out […]
Preview: Japan Q4 GDP Rebound Seen Revised Up Slightly on Capex
— Private Consumption To Remain Key Growth Driver in Revised Data — Forecasts for Firmer Capex, Weaker Public Works Based on MOF Survey — Q1 GDP Growth Expected To Slow; BOJ January Consumption Index Slumps By Max Sato (MaceNews) – Japan’s economic rebound in the October-December quarter is likely to be revised up slightly as […]
Updated Preview: Japan Q4 GDP Rebound Seen on Easing Supply Bottlenecks, Covid Lull
–Updates with latest consumption data in paras 6-7, government measures in para 17, ESP Forecast in paras 18-19, Watchers’ survey at bottom — Consumption, Capex, Net Export Gains Behind Expected Solid Q4 Growth — Q1 GDP Face Downside Risks As Omicron-Led Covid Spike Hurts Sentiment By Max Sato (MaceNews) – Japan’s gross domestic product for […]
PREVIEW: Japan Q4 GDP Rebound Seen on Easing Supply Bottlenecks, Covid Lull
— Consumption, Capex, Net Export Gains Behind Expected Solid Q4 Growth — Q1 GDP Face Downside Risks as Omicron-Led Covid Spike Hurts Sentiment By Max Sato (MaceNews) – Japan’s gross domestic product for the October-December quarter is forecast by economists to post a 1.4% rebound on quarter, or an annualized 5.8% rise, as easing […]
German Economic Outlook Starts the Year on a Strong Note, ZEW Report Shows
ZURICH (MaceNews) – Economic sentiment in Germany came in well above expectations in January indicating that the economy is seen improving in the coming six months, as COVID cases are seen falling by summer, the latest report from the Mannheim-based ZEW institute showed. ZEW’s Index of Economic Sentiment rose to 51.7 in January from 29.9 […]
Japan Government Keeps Economic Pickup View After December Upgrade
— Consumers Brave Omicron Scare in Year-End, New Year Leisure Season — Production Improving on Easing Supply Constraints By Max Sato (MaceNews) – Japan’s government Tuesday maintained its economic overview after upgrading it last month for the first time in 17 months, saying consumer spending is picking up — despite rising Covid cases — and […]