US ISM Services Sector Expands for 25th Month in July but Effects of Higher Business Activity, New Orders Offset by Slower Hiring amid Tariffs, Iran War, AI Use
–ISM’s Miller: Significant Portion of Higher 2026 Capex Plans Among Services Firms Linked to Rises in Financing Costs, Prices Paid to Suppliers By Max Sato (MaceNews) – U.S. services sector remains resilient despite rising costs, expanding for the 25th straight month in July, but the pace of growth was little changed from June as higher […]
Preview: Forecasters See Japanese Household Spending Up 0.1% on Year in June, down 3.7% from May
Friday, Aug 7, 20260830 JST (2350 GMT/1930 EDT Thursday, Aug 6) The Ministry of Internal Affairs and Communications releases the June average household spending.Mace News median forecasts: +0.1% y/y (range: -2.5% to +3.1%) vs. May -0.4%; -3.7% m/m (range: -5.0% to -0.7%) vs. May +3.7% By Chikafumi Hodo TOKYO (MaceNews) – Japan’s real household spending […]
US ISM Manufacturing PMI Expands for 7th Straight Month in July but Lingering Iran War, Global AI Boom Causing Longer Supply Delivery Lead Times, Memory Chip Shortages
–ISM’s Spence: Sentiment Trending Up in Right Direction; Slower Deliveries Could Get Worse but Orders Still Flowing By Max Sato (MaceNews) – U.S. manufacturing activity expanded for the seventh straight month in July to the highest level in more than four years but the Mideast conflict and the global AI boom have made delivery times […]
Japan Week Ahead: Markets Eye Impact of Japan-US Joint Action to Stop Yen from Falling Further as Rising Bond Yields Could Hurt Economic Growth while Inflation Persists
By Max Sato (MaceNews) – Market participants are watching whether Japan’s currency intervention last week will have any lasting effect on keeping dollar bulls at bay amid concerns that rising long-term bond yields triggered by Tokyo’s large fiscal spending plans will spill over to boost borrowing costs in the United States. Finance Minister Satsuki Katayama […]
Preview: Forecasters See Japan’s Tokyo CPI Up to +1.8% in June amid Rising Import Costs
Friday, July 31, 2026 0830 JST (2330 GMT/1930 EDT Thursday, July 30) The Ministry of Internal Affairs and Communications releases July Tokyo CPI.Mace News median: total CPI +1.8% y/y (range: +1.8% to +1.9%) vs. June +1.7%; core CPI (ex-fresh food) +1.8% (range: +1.7% to +1.8%) vs. June +1.6%; core-core CPI (ex-fresh food, energy) +2.0% (range: […]
Japan Government Keeps Gradual Economic Recovery View as Fuel Subsides Cap Inflation, Spreading Wage Hikes Prop Up Confidence
–Government Continues to Warn About Mideast Conflict: It May Cause Widespread Consumer Goods Markups Beyond Energy Prices By Max Sato (MaceNews) – Japan’s government remains confident that its fuel and utility subsidies as well as solid wage hikes by many firms should support the economy’s gradual recovery from the pandemic slump while warning that higher […]
Preview: Japan Core CPI Expected to Pick Up Steam in June Report
Consensus outlook for Mace NewsFriday, July 24 20260830 JST (2330 GMT/1930 EDT Thursday, July 23) The Ministry of Internal Affairs and Communications releases June CPI.Mace News median: total CPI +1.6% y/y (range: +1.6% to +1.7%) vs. May +1.5%; core CPI (ex-fresh food) +1.6% y/y (range: +1.5% to +1.7%) vs. May +1.4%; core-core CPI (ex-fresh food, […]
Preview: Forecasters See Japanese Exports, Imports Up Again on Year in June Data
By Chikafumi Hodo TOKYO (MaceNews) – Japanese exports are expected to rise for a 10th straight month from a year earlier in June, while imports are seen rising for a fifth consecutive month as the resource-poor country continues to diversify its crude oil purchases away from the Middle East. Robust imports, coupled with a weaker […]
Japan Week Ahead: Resilient Economy Faces Inflationary Pressures, Structural Fragility as Mideast Conflict Rages on, Weak Yen Keeps Imports Expensive
–June Exports Forecast to Post 10th Straight Y/Y Rise, CPI Seen Up Slightly but Still Below BOJ’s 2% Inflation Target By Max Sato (MaceNews) – Japan’s economy has shown resilience in the face of protectionist U.S. trade policy and the lingering Mideast conflict. Exports have weathered the drag from stiff Trump tariffs on autos and […]
Japan Week Ahead: Markets Continue to Expect BOJ Rate Hike Toward Yearend after Tankan Business Survey, Branch Managers Report Points to Resilient Economy amid Mideast Uncertainty
–May Machinery Orders Set for Pullback after April Surge but Strong Demand for Computers, AI-Linked Equipment Seen Intact By Max Sato (MaceNews) – Bank of Japan policymakers have received evidence this month that the domestic economy has been resilient, overcoming high fuel costs and material shortages triggered by the Middle East conflict amid the global […]