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 […]

ECB Decision to Accelerate PEPP Purchases Was Not Reached Unanimously

By Laurie Laird — Some Governing Council members advocated a slowdown in bond buying, according to minutes of June meeting LONDON (MaceNews) – Not all European Central Bank rate setters supported the most recent decision to accelerate asset purchases, with some advocating a slower pace of acquisitions as the eurozone economy outperforms expectations. “In view […]

Japan Sees Rosier Consumer Sentiment While Struggling To Stop Pandemic

By Max Sato (MaceNews) – The latest surveys by the government and central bank point to a gradual pickup in consumer and business confidence in tandem with an accelerated pace of the COVID-19 vaccine rollout, but Japan is being hit by another resurgence of coronavirus cases. The government on Thursday issued a state of emergency […]

Thursday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JULY 8, 2021 In the morning, the President and the Vice President will meet with their national security team to receive a […]

FOMC Minutes: Tapering Parameters Much Discussed But Action Awaits More Data, Time

WASHINGTON (MaceNews) – The Federal Open Market mid-June meeting minutes released Wednesday afternoon highlighted the discussions around tapering to a greater degree than indicated by Fed Chair Jay Powell’s news conference and subsequent Fedspeak, yet made clear the fog of uncertainty is not expected to suggest any action until more time has produced more data. […]

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 […]

Germany’s Economic Outlook and Current Conditions Diverge in July: ZEW

ZURICH (MaceNews) – The economic outlook in Germany for the next six months fell more than expected in July, while current conditions improved markedly, according to the latest report from the ZEW Institute in Mannheim. The Economic Sentiment indicator which measures economic expectations for the next six months fell 16.5 points in July to 63.3, […]

Tuesday Washington Schedules from MaceNews

WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, JULY 6, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be closed press.  In the […]