Japan September Exports Post 1st Y/Y Rise in 3 Months to Record High on Solid Demand for Autos, Leading to 1st Trade Surplus in 3 Months
–Export Volumes Also Mark 1st Y/Y Gain in 12 Months –Imports Mark 6th Straight Y/Y Fall on Easing Energy Prices –Exports to China See 10th Straight Y/Y Drop on Declines in Semiconductors, Foodstuff By Max Sato (MaceNews) – Japanese export values posted their first year-over-year rise in three months to a record high in September, […]
White House and Other Schedules for Thursday, Oct 5
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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR THURSDAY, OCTOBER 5, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
BOJ September Quarter Tankan: Major Manufacturers’ Sentiment Rises More Than Expected on Higher Energy Prices, Heat Wave, Improved Supply Chains
–Lumber Producers, Auto Industry, Food and Beverage Firms Expect Pullback in December –Hotels, Restaurants Cautious About Near-Term Outlook After Recent Gains –Large Firms Revise Up Their Combined Capex Plans Slightly for Fiscal 2023; Small Firms Push Theirs Sharply Higher By Max Sato (MaceNews) – Confidence among major manufacturers in Japan picked up at a faster-than-expected […]
Preview: BOJ September Tankan to Show Modest Improvement in Major Manufacturers’ Sentiment
–Supply Chain Recovery Supports Auto Industry but Silicon Demand Sluggish –Eased Covid Rules Helping Services Sector While High Costs Hurting Consumers –December Business Confidence Seen Flat to Slightly Lower –FY23 Capex Plans Among Large, Small Firms Expected to Be Revised Up Further By Max Sato (MaceNews) – The Bank of Japan’s quarterly Tankan business survey […]
White House and Other Schedules for Friday, Sept 29
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 SCHEDULEFOR FRIDAY, SEPTEMBER 29, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
Japan Aug Exports Post 2nd Straight Drop Despite Solid Automobile Demand in US, Europe; Volumes Continue to Shrink on Slower Global Growth
–Imports Mark 5th Straight Y/Y Fall on Easing Energy Prices –Exports to China Record 9th Straight Y/Y Drop due to Declines in Iron and Steel, Mineral Fuels; Semiconductors Rebound By Max Sato (MaceNews) – Japanese export values posted a smaller-than-expected drop in August after marking their first year-over-year decline in 29 months in July amid […]
Japan July Core Machine Orders Slip Back on Lower Demand for Computers from Many Industries
–Cabinet Office Keeps View: Machine Orders Pausing By Max Sato (MaceNews) – Japanese core machinery orders, the key leading indicator of business investment in equipment, posted a slight pullback on the month in July, as largely expected, after rebounding in June and slumping in May, amid sluggish demand for computers from many industries including electric […]
White House and Other Schedules for Wednesday, Sept 6
WASHINGTON (MaceNews) – The following are Wedesday’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, SEPTEMBER 6, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
Japan July Industrial Production Slips on Sluggish Silicon Demand, Prompting METI to Downgrade View
–METI Survey: Output Likely to Dip Further in August, Post Modest Rise in September –METI Sees Output Making One Step Forward, One Step Back Vs. Showing Signs of Gradual Pickup –METI To Watch Effects of Downside Risks to Global Growth, Inflation By Max Sato (MaceNews) – Japan’s industrial production slipped back on the month in […]
Japan July Exports Post 1st Y/Y Drop in 29 Months on Sluggish Silicon Market; Volumes Continue to Shrink on Slower Global Growth
–Imports Mark 4th Straight Y/Y Fall on Generally Easing Energy Prices –Japan Trade Balance Unexpectedly Slips Back into Deficit After 1st Surplus in 23 Months in June –Exports to China Record 8th Straight Y/Y Drop due to Declines in Autos, Semiconductors, Iron and Steel By Max Sato (MaceNews) – Japanese export values posted their first […]