Japan Q3 GDP Unexpectedly Shrinks on Surging Imports; Capex Slower but Solid, Consumption Resilient
–Japan’s Economy Posts 1st Q/Q Drop in 4 Quarters; Q2 Growth Revised Up –Consumption Marks 4th Straight Q/Q Rise Despite Spike in New Covid Cases –Capex Demand for FY22 Solid Amid Digitization, Green Transformations –Q4 GDP May Rebound on Fiscal Support but Global Uncertainties Remain –Economic Minister Goto: Japan Gradual Pickup Intact Despite Q3 Dip […]
Preview: Japan Q3 GDP to Post 4th Straight Quarterly Growth; Pace Slower on Covid Spike, High Prices
–Modest Q3 Growth Seen Led by Solid Capex Demand, No Strict Public Health Rules –Net Exports Seen Down amid Global Slowdown, Rising Import Costs –Q4 GDP Growth Likely Backed by Govt Subsidies for Tourism, Eased Border Restrictions By Max Sato (MaceNews) – Japan’s gross domestic product for the July-September quarter is forecast by economists […]
US October ISM Manufacturing Index Slips Further on Widespread Lower Demand
–ISM: New Orders Remain in Contraction; Employment at Breakeven Point –ISM: Firms Using Hiring Freezes, Attrition to Cope with Softer Demand in Future –ISM’s Fiore: Survey Indicates Contraction Ahead, Not Necessarily Recession; Collapse of New Orders Unlikely –Fiore: Contracting New Export Orders Concerning; China Down, Worst for Europe Yet to Come By Max Sato (MaceNews) […]
White House and Other Schedules for Thursday, Oct 27
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, OCTOBER 27, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]
Preview: BOJ Tankan Manufacturers’ Sentiment Seen Up in September, Services Down
–End to Covid Lockdown in Shanghai Supports Factory Operations –Downside Risks Arise from Global Slowdown amid Tightening by US, Others –Spike in Japan Covid Cases, High Import Costs Hit Services Sector –Business Confidence in December Projected to Be Mixed –Smaller Firms Expected to Revise Up Their Combined FY22 Capex Plans Further By Max […]
Japan Q2 GDP Growth Revised Up on Firmer Capex, Smaller Inventory Drop
–Private Consumption Leads 3rd Straight Q/Q Growth as in Initial Data –Capex Rebounds Sharply on Solid Digitalization, Greener Energy Demand –Q3 GDP Growth Faces Headwinds: Covid Spike, Slower Global Growth, China Lockdowns By Max Sato (MaceNews) – Japan’s consumption-led economic growth in the April-June quarter was revised up sharply as business investment in equipment turned […]
Preview: Japan Q2 GDP Seen Revised Up on Firmer Capex, Smaller Private Inventory Drop
–Japan GDP’s 3rd Straight Q/Q Growth Supported by Consumption –Sharp Capex Rebound Seen on Solid Digitalization, Greener Energy Demand –Q3 GDP Growth Faces Headwinds: Covid Spike, Slower Global Growth, China Lockdowns By Max Sato (MaceNews) – Japan’s consumption-led economic growth in the April-June quarter is likely to be revised up as business investment in […]
White House and Other Schedules for Thursday, Aug 25
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, AUGUST 25, 2022 In the afternoon, the President will travel to Montgomery County, Maryland. The departure from the White House […]
Japan Q2 GDP Up on Eased Covid Rules, China Lockdown Limiting Gain
–Japan GDP Posts 3rd Straight Q/Q Growth as Slight Q2 Drop Revised to Slight Rise–People Dining Out, Traveling More Since Restrictions Lifted in Late March–Capex Makes Up for Q1 Drop on Solid Digitization, Greener Energy Demand–Q3 GDP Growth Faces Headwinds: Domestic Covid Spike, Slower Global Growth By Max Sato (MaceNews) – Japan’s gross domestic product […]
Preview: Japan Q2 GDP Rebound Seen on Eased Covid Rules but China Lockdown Limiting Gain
–People Dining Out, Traveling More Since Restrictions Lifted in Late March –Capex Seen Making Up for Q1 Drop on Solid Digitization, Greener Energy Demand –Q3 GDP Growth Sees Headwinds: Domestic Covid Spike, Slower Global Growth By Max Sato (MaceNews) – Japan’s gross domestic product for the April-June quarter is forecast by economists to post a […]