US Data Preview Commentary: Jobs Report, ISMs and Again, Evictions, Delta Variant Threats and Questions about Booster Shots
WASHINGTON (MaceNews) – A muted deep summer week ahead with a jobs report that will surprise no one, no matter what it says. There will have been a lot of hiring in July, an unemployment rate that may improve a little and still many, many unemployed people. The weekly benefit claims for the survey week […]
Japan May Machine Orders Surge in May on Solid Capex Demand
By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, powered ahead in May on solid demand for upgrading production capacity and information technology in a move to address labor shortages with automation and digitalized operations, data released Monday by the Cabinet Office showed. Orders from manufacturers marked […]
Saturday/SundayWashington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are the Saturday’s and Sunday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, JULY 10, 2021 AND SUNDAY, JULY 11, 2021 On Saturday, the President has no public events scheduled. On Sunday […]
US Data Preview Commentary: CPI, PPI, Retail Sales, Powell Testimonies, IndPro, Beige Bk and More
WASHINGTON (MaceNews) – Be brave, it’s peak fraidy-cat week for inflation horrors to descend upon us, or rather, to show up in the data, having plagued us last month. If the price-pressure nightmares show up as expected, the Fed folks will be forced to accelerate their consideration of tapering at the very least (Wharton’s Jeremy […]
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. […]