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 […]
White House and Other Schedules for Friday, June 17
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: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JUNE 17, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President […]
Japan May Exports Post 15th Straight Y/Y Rise on Reopening Demand for Steel, Electronic Parts
–Imports Hit Fresh Record High on High Energy Costs, Leading to 10th Straight Trade Deficit –Exports to China Mark 2nd Straight Y/Y Drop on Covid Lockdowns By Max Sato (MaceNews) – Global reopening demand for iron and steel and semiconductors continued driving Japanese exports to surpass year-earlier levels for the 15th month in a row […]
Japan April Machine Orders Mark Unexpectedly Sharp Rise on Computer Demand
–Japan Government Upgrades View: Machine Orders Showing Signs of Pickup Vs. Previous Assessment that Pickup Stalling By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, unexpectedly posted a second straight sharp monthly gain in April on solid demand for upgrading computer systems, raising hopes that orders for […]
US ISM Manufacturing Growth Edges Up in May; Labor Shortages, Supply Delays Linger
–ISM: Worst of Supply Delays Yet to Come for US Manufacturers –ISM: Early Signs of Fed Tightening Causing Softer Demand By Max Sato (MaceNews) – US manufacturing activity growth picked up slightly in May, but companies continued to face labor shortages and global supply chain constraints, with Covid lockdowns in Chinese port cities expected to […]
Japan April Industrial Output Slips on Dimmer Global Demand, Chinese Lockdowns
–METI Downgrades View: Factory Output Pausing Vs. Showing Signs of Pickup–METI Repeats: To Watch Effects of Pandemic, Parts Shortages, Inflation, Ukraine By Max Sato (MaceNews) – Japan’s industrial production posted the first month-on-month drop in three months in April as global reopening demand turned lower and Chinese Covid lockdowns caused further supply delays, preliminary data […]
US ISM Manufacturing Growth Slows in April on China Lockdowns, High Prices
–ISM: Manufacturing Sector at Pause as Buyers Wait for Prices to Come Down –ISM: Supply Constraints Not Getting Worse; ‘Very Concerned’ Over China Port Situation –ISM: No Indication of Softening Demand in US Despite Q1 GDP Contraction By Max Sato (MaceNews) – US manufacturing activity growth slowed in April, hit by labor shortages, high prices […]
Japan March Industrial Output Up Slightly on Reopening Demand Amid Easing Covid Effects
–METI Keeps View: Factory Output Shows Signs of Pickup –METI: To Watch Effects of Pandemic, Parts Shortages, Inflation, Ukraine By Max Sato (MaceNews) – Japan’s industrial production posted the second straight month-on-month rise in March as reopening demand for chip-making equipment and other machines amid easing Covid effects offset a decline in auto output caused […]
Japan March, Fiscal 2021 Exports Hit Record Highs, Imports Surge at Faster Pace
–Imports Also at Record High on Energy, Leading to 8th Straight Trade Deficit –Exports to China Slower in March, Volumes Down on Year –Auto Exports Slip in March After February Rebound Amid Supply Bottlenecks By Max Sato (MaceNews) – Japanese exports hit a record high in March, marking the 13th straight year-on-year increase, on reopening […]
White House and Other Schedules for Friday, April 15
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: Friday, April 15: Pres Biden is spending Friday at Camp David however no formal schedule was published. .US TREASURY In the morning, Secretary of the Treasury […]