BOJ Dec Tankan Business Sentiment Mixed; Capex Plans Cautious
–Sentiment Among Major Manufactures Flat After Recent Gains –Non-Manufacturers Report Better Conditions on Eased Covid Rules –Major Firms Revise Down Capex Plans From Sept But Still Up From FY20 –Smaller Firms’ Capex Plan Upward Revision Smaller Than Expected By Max Sato (MaceNews) – Confidence among major manufacturers in Japan was unchanged in December from September […]
Japan Oct Factory Output Shows Modest Rebound on Easing Supply Bottlenecks
— METI Keeps View After Recent Downgrade: Factory Output Pausing— METI Repeats: Watch Effects of Rising COVID Cases, Global Chip Shortages By Max Sato (MaceNews) – Japan’s industrial production posted a modest rebound in October amid easing disruptions of parts supply from Southeast Asia, which has forced automakers and other firms to reduce factory operations […]
Japan September Machine Orders Flat, Posting Only Small Q3 Gain
–Japan Govt Keeps View: Pickup in Machine Orders Pausing –Q3 Core Orders Far Below Official Forecast; Q4 Seen Up Moderately By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, were unchanged in September, coming in weaker than a rebound forecast by many and following a surprise slip […]
Japan Sept Factory Output Slumps; Autos, Others Hit by Supply Delays
–Output Posts Larger-than-Expected M/M Drop, 1st Y/Y Fall in 7 Months–METI Keeps View After Downgrade Last Month: Factory Output Pausing–METI Repeats: Watch Effects of Rising COVID Cases, Global Chip Shortages By Max Sato (MaceNews) – Japan’s industrial production posted the third straight monthly decline in September, coming in weaker than expected, as protracted global semiconductor […]
Japan Aug Machine Orders Expectedly Dip After Recent Computer Demand
–Japan Govt Downgrades View: Pickup in Machine Orders Pausing–Cabinet Office Official: Demand for Computers Seen on Firm Trend–Q3 Core Orders Seen Unlikely to Grow 11% Q/Q, As Projected Earlier By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, unexpectedly slumped in August as demand for computers took […]
FACT SHEET: THE BIDEN-HARRIS ADMINISTRATION’S NEW APPROACH TO THE U.S. – CHINA TRADE RELATIONSHIP
WASHINGTON (MaceNews) – The following is a fact sheet issued by the U.S. Trade Representatives Office and the White House, summarizing the comments by USTR Katherine Tai Monday in an appearance at the Washington think tank CSIS: Joe Biden ran for president on a promise to restore the backbone of this country, the middle class. […]
Japan Aug Factory Output Slumps as Global Supply Chain Disruptions Continue 
— Japan’s METI Downgrades View: Factory Output Pausing Vs. Picking Up –METI Repeats: Watch Effects of Rising COVID Cases, Global Chip Shortages By Max Sato (MaceNews) – Japan’s industrial production posted an unexpectedly large decline in August as pandemic-caused lockdowns in Southeast Asia are straining parts supplies further and global semiconductor shortages lingered, preliminary data […]
Japan Govt Sees Slower Economic Pickup Amid Disrupted Supply Chains, Pandemic Spike
— Consumption, Factory Output Downgraded While Exports on Track By Max Sato (MaceNews) – Japan’s government Thursday provided a more cautious view of the recent pickup in the domestic economy, saying its pace is slowing in the face of global supply chain disruptions and a surge in coronavirus cases, according to its monthly report released […]
Germany’s July Industrial Output Rose 1.0% M/M, Led by Capital Goods
ZURICH (MaceNews) – Industrial production in Germany rose 1.0 percent in July from the previous month, beating expectations on strong orders for capital goods, the Federal Statistics Office (Destatis) reported Tuesday. The increase exceeded the median forecast for a 0.1 percent monthly gain, according to the charteconomicdata.com calendar. Today’s result for production comes one day […]
Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, the State Department, USTR, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, AUGUST 31, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Then, the […]