Japan April Machine Orders Rebound on Solid Computer Demand from Service Providers; Orders from Manufacturers Down for 2nd Month in A Row
–Cabinet Office Keeps View: Machine Orders Pausing By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, rebounded in April after two months of decline, led by solid demand from the non-manufacturing sector as Japan is playing catchup in easing Covid restrictions and reopening the economy, data released […]
Japan May Exports Post Slight Gain on Autos amid Improving Supply Chains but Pace Continues to Slow on Cooling Global Chip Demand
–Imports Mark 2nd Y/Y Drop in A Row on Easing Energy Prices –Japan Posts 22nd Straight Monthly Trade Deficit–Exports to China Mark 6th Straight Y/Y Drop on Iron and Steel By Max Sato (MaceNews) – Japanese export values posted a slight gain as recovering supply chains supported automobile shipments to the U.S. and Europe but […]
White House and Other Schedules for Wednesday, June 7
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, JUNE 7, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
White House and Other Schedules for Friday, May 26
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, MAY 26, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]
Japan March Machine Orders Down for 2nd Straight Month, Q1 Up; Q2 Seen Rising Faster Amid Solid Capex Demand
–Machine Orders Seen +4.6% in Q2 Vs. +2.6% in Q1, Led by Strong Demand from Non-Manufacturers –Cabinet Office Keeps View: Machine Orders Pausing By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, came in much weaker than expected in March, posting drops on the month and year, […]
Japan April Exports Slower, Imports Drop; Trade Deficit Narrows Further from Record High in January
–Japan Posts 21st Straight Monthly Trade Deficit but Smallest Since February 2015–Exports to China Mark 5th Straight Y/Y Drop but at Slower Pace; Economy Recovering from Beijing’s Zero-Covid Policy Impact By Max Sato (MaceNews) – The year-over-year increase in Japanese export values slowed further in April amid softer global demand despite solid shipments of automobiles […]
Japan Q1 Solid GDP Rebound Led by Consumption, Capex, Public Works; Net Exports Drop Amid Slow Global Demand
–Q1 GDP Growth Stronger Than Forecast as Capex Shows Unexpected Rebound –Consumption Rise Higher Than Expected, Backed by Eased Covid Rules, Travel Subsidies –Q2 GDP Seen Supported by Pent-Up Consumer Demand for Services –Fiscal 2022 GDP +1.2%, Below Official Forecast of +1.7% By Max Sato (MaceNews) – Japan’s gross domestic product for the January-March quarter […]
US April ISM Manufacturing in Contraction for 6th Straight Month as New Orders Remain Sluggish Amid Uncertainty
–ISM’s Fiore: Main Index in 47 to 51 Range, Don’t See Any Change in Near Term –Fiore: Output Side Positive, Input Side Weak; Future Is Uncertain –Fiore: Firms Managing Output to Prepare for Pickup in Late Summer, Early Fall –Fiore: Customers Inventories at Low End of ‘Too High’ By Max Sato (MaceNews) – U.S. manufacturing […]
Japan’s Economy Shows Some Resilience in March Data Amid Slowing Global Growth; Inflation Hurts Purchasing Power
–Industrial Output Posts 2nd Straight Rise on Month, Prompting METI to Upgrade its View –Retail Sales Up on Recovery at Department Stores, Demand for Autos –Payroll Growth Continues but Unemployment Rate Rises Unexpectedly –April Tokyo CPI, Leading Indicator of National Data, Accelerates at Fast Pace By Max Sato (MaceNews) – Japan’s manufacturing sector is weathering […]
White House and Other Schedules for Wednesday, April 26
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, APRIL 26, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]