Germany’s Industrial Output Unexpectedly Contracted in May; Down 0.3% From April
ZURICH (MaceNews) – Germany’s industrial production unexpectedly fell in May compared to April, falling 0.3 percent, the Federal Statistics Office (Destatis) in Wiesbaden reported. Expectations were for a 0.5 percent increase for the month, according to the median of an Econoday survey of economists’ forecasts. The April result was revised higher to a decline of […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JULY 1, 2021 In the morning, the President and the First Lady will travel to Surfside, Florida. The […]
Japan May Factory Output Slumps As Chip Shortages Hit Carmakers
–May’s Sharper-Than-Expected 5.9% Drop Also In Reaction To April Gain — Japan’s METI Keeps Its View: Output Picking Up, Sees Rebound in June –METI Warns of Drag From Global Chip Shortages, Coronavirus Delta Variant By Max Sato (MaceNews) – Japan’s industrial production slumped at a faster pace than expected in May from the previous […]
Monday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 28, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. […]
Saturday/Sunday Washington Schedules from Mace News
WASHINGTON (MaceNews) – The following are Saturday and Sunday schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, JUNE 26, 2021 AND SUNDAY, JUNE 27, 2021 On Saturday, the President has no public events […]
US Data Preview Commentary: Jobs Rpt, ISM/Markit, Consumer Confidence and ‘The Ministry of the Future’
WASHINGTON (MaceNews) – The jobs report snapshot was taken in a week this month when the weekly jobless benefit claims disappointed by bouncing above the previous three weeks. If the monthly report from the Bureau of Labor Statistics is disappointing as well Friday, it will likely not change the views of Federal Open Market participants. […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JUNE 24, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. […]
Saturday/Sunday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Saturday and Sunday schedules for the White House, Treasury Department, the State Department, the Capitol and for upcoming economic data and Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, JUNE 19, 2021 AND SUNDAY, JUNE 20, 2021 On Saturday, the President has no public events scheduled. On […]
US Data Preview Commentary: Personal Income, Existing/New-Home Sales, Durables and the Downside to ‘Transitory’
WASHINGTON (MaceNews) – Beware what look like quiet weeks ahead, like the upcoming week when the Earth’s northern pole tilts to the max toward the sun. The summer solstice means that after 3:32 Monday morning the days start getting shorter in our hemisphere and the diminishing daylight is appropriate for a time of what seems […]
US Data Preview Commentary: Retail Sales, PPI, Hsing Starts, FOMC, New ‘Dot Plot’
WASHINGTON (MacNews) – The explosive snapback of consumer demand, company supply-chain and delivery workarounds and inventory reloading won’t be reflected nearly to the phenomenon’s full extent in Tuesday’s May retail sales report. Just as goods and services productivity being supercharged by firms compensating for the post-pandemic jamming of the economy won’t show up in quarterly […]