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 […]
UPDATE – US July ISM Manufacturing Growth Slows on Softer New Orders; ISM Sees No Recession
–ISM: Labor Shortages, Supply Constraints Continue Weighing on Sector –ISM’s Fiore: No Change to View US Recession Not Looming in Manufacturing –ISM’s Fiore: Plunge in Prices Index Due to Weaker China Demand, Lower Energy Costs By Max Sato (MaceNews) – U.S. manufacturing activity growth slowed marginally in July from June, remaining at the lowest rate […]
White House and Other Schedules for Thursday, July 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, JULY 28, 2022In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the President […]
White House and Other Schedules for Wednesday, July 27
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: DAILY GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, JULY 27, 2022 In the morning, the President will receive the President’s Daily Brief virtually. This meeting will be closed press. In-Town […]
Japan Government Upgrades View: Consumption, Jobs Leading Gradual Economic Pickup
By Max Sato (MaceNews) – Japan’s government Tuesday upgraded its economic overview for the first time in three months in July as consumption is on a clearer pickup path, led by job creation and pent-up demand, but real wages are falling amid rising inflation and the weaker yen is eroding purchasing power, according to its […]
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 […]