JAPAN GOVERNMENT SEES CONSUMPTION PICKUP; OVERALL ECONOMIC VIEW STAYS CAUTIOUS
By Max Sato (MaceNews) – Japan’s government on Friday upgraded its assessment of private consumption for the first time in three months after downgrading it only last month, while maintaining its cautious view of overall domestic economic health amid a global spike in coronavirus cases. The government Cabinet Office report described the current state of […]
STATUS CHECK – THE DEBATE AS SEEN THROUGH DIFFERENT FILTERS
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The transfixing Presidential Debate was an actual event now fixed in history forever and yet it was seen as completely different things through the eyes and ears somehow transformed into filters by […]
JAPAN SEPT CORE CPI -0.3% Y/Y VS. AUG -0.4% ON SMALLER HOTEL FEE DROPS
–BOJ Sees Core Price Drop Continuing By Max Sato (MaceNews) – The global pandemic continued to depress Japanese consumer prices in September as economic activity remained restrained amid slower declines in energy costs, but the year-on-year decline was slightly smaller than expected in light of less drastic cuts in tourism prices, data from the Ministry […]
DATA FLASH: U.S. SEPTEMBER EXISTING HOME SALES, PRICES SURGE
–Existing Home Sales +9.4% to a 6.54 Million Rate, High Since May 2006 By Kevin Kastner WASHINGTON (MaceNews) – U.S. existing home sales advanced further in September, hitting the highest point since May 2006. National Association of Realtors Chief Economist Lawrence Yun said Thursdsay that it was “another spectacular month” for sales and prices but […]
STATUS CHECK – BRACED FOR A PRESIDENTIAL DEBATE – ABOUT FAMILY
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · The dearth of much actual news on the day before the final presidential debate was a challenge for news producers everywhere Wednesday. Barack Obama began campaigning on the ground for Joe Biden […]
FED’S BEIGE BK: AS-EXPECTED ‘SLIGHT TO MODEST’ EXPANSION
WASHINGTON (MaceNews) – The Federal Reserve’s latest Beige Book survey of economic activity through the 12 regional bank districts Wednesday found little evidence of any V-shaped recovery, instead seeing “slight to modest” improvements in most regions. Assembled by the St. Louis Fed, the survey prepared for the next Federal Open Market Committee meeting Nov. 4-5 […]
STATUS CHECK – WE KNOW, JUST 14 DAYS
WASHINGTON (MaceNews) – The following is Tuesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · Fourteen days until … of course it is, and the wait is getting excruciating for a lot of people. After all, waiting four hours in line waiting to vote, as in Green […]
DATA FLASH: SEPTEMBER HOUSING STARTS REBOUND ON SINGLE-FAMILY
–Housing Starts Rose By 1.9% to 1.415 Mln SAAR with Single-Family Up 8.5% By Kevin Kastner WASHINGTON (MaceNews) – The U.S .September home building data, released Tuesday, continued to represent the shift toward single-family homes and away from condos and apartments as buyers seek more space and larger homes since the COVID-19 quarantines. The pace […]
ITALY BANKS’ NET BAD LOANS FELL TO E24 BLN IN AUGUST
Bt Silvia Marchetti ROME (MNI) – The volume of Italy banks’ net bad loans fell to E24 billion in August, down from E32 billion a year ago and E40 billion in 2018, Italy’s Banking Association ABI said Tuesday in a report. Since November 2015, when the highest peak in bad loans reached E89, there has […]
STATUS CHECK – OF BALLISTIC TRAJECTORIES AND DIGITAL CURRENCY
WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes. · Fifteen days until Election Day but already a feeling settling in that the ballistic trajectory has been set and that although we don’t know the outcome, it has been decided. Thirty million […]