Preview: Japan Q1 GDP Slip Seen Revised Down Slightly on Softer Capex
–Forecasts for Weaker Capex, Higher Private Inventories Based on MOF Survey –Private Consumption Seen Flat, Unrevised from Preliminary Data –Q2 GDP Growth Expected to Rebound As Covid Restrictions Eased By Max Sato (MaceNews) – Japan’s economic slump in the January-March quarter, which was caused by the drag from Covid restrictions on consumer spending and a […]
White House and Other Schedules for Tuesday, June 7
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, JUNE 7, 2022 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be […]
Japan April Household Spending Dips Y/Y on Car Supply Delays, Less Cooking at Home
–Spending Up M/M As People Dine Out, Travel More Freely After Covid Rules Eased By Max Sato (MaceNews) – Japan’s real household spending posted the second straight year-on-year drop in April as supply bottlenecks hampered car purchases and people dined out more freely, spending less on groceries compared to a year earlier when a Covid […]
UK Prime Minister Boris Johnson to Face Vote of Confidence Monday
–PM needs the support of 180 party lawmakers to remain in office By Laurie Laird LONDON (MaceNews) – Embattled UK Prime Minister Boris Johnson faces a snap vote of confidence in the UK parliament Monday evening, putting his controversial premiership at risk. The announcement came after at least 54 members – or 15% — of […]
White House and Other Schedules for Monday, June 6
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 6, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In-Town Pool Wires: AP, […]
ISM: US May Service Sector Growth Continues Slowing Amid Labor Shortages, Supply Constraints 
–ISM’s Nieves: Fed Tightening on Overall US Service Sector Seen Limited –ISM: Demand for Services Still Strong; May’s Slower Growth Expected –ISM: New Orders Index Rebounds, Prices Index Eases from April’s Record High By Max Sato (MaceNews) – US service sector growth slowed further in May as companies continued tackling labor shortages and supply delays […]
White House and Other Schedules for Friday, June 3
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, JUNE 3, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the President […]
White House and Other Schedules for Thursday, June 2
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JUNE 2, 2022 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This […]
Fed’s Beige Book Survey Finds Some Slowing in Economic Growth Pace
Also Finds ‘Leveling Off’ of Wages and ‘Moderating’ Price Hikes Some Places By Steven K. Beckner (MaceNews) – The economy was showing more signs of slowing through the third week of May, according to the Federal Reserve’s latest survey of economic conditions around the nation, released Wednesday. And while labor markets remained tight, employment grew […]
US ISM Manufacturing Growth Edges Up in May; Labor Shortages, Supply Delays Linger
–ISM: Worst of Supply Delays Yet to Come for US Manufacturers –ISM: Early Signs of Fed Tightening Causing Softer Demand By Max Sato (MaceNews) – US manufacturing activity growth picked up slightly in May, but companies continued to face labor shortages and global supply chain constraints, with Covid lockdowns in Chinese port cities expected to […]