Japan May Producer Inflation Eases Further to 2-Year Low of 5.1% from April’s 5.9% on Energy Subsidies, Weaker Lumber, Non-Ferrous Metals
–May’s 5.1% Y/Y Rise Lowest Since 5.0% in June and May 2021 –December’s 10.6% Surge Remains Highest in 42 Years By Max Sato (MaceNews) – Producer inflation in Japan eased for the fifth straight month to a two-year low in May as the government’s utilities subsidies continued to cap energy costs and many commodities markets […]
White House and Other Schedules for Friday, June 9
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, JUNE 9, 2023 In the morning, the President and the First Lady will travel to Rocky Mount, North Carolina. The departure from the North Grounds will be […]
White House and Other Schedules for Thursday, June 8
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JUNE 8, 2023 In the morning, the President will hold a bilateral meeting with Prime Minister Rishi Sunak of the […]
Japan Q1 GDP Solid Growth Revised Up Sharply on Unexpected Jump in Private Inventories; Capex Firmer Than in Initial Estimate, Public Works Less Strong
–Consumer Spending on Services, Rebound in Business Investment Lead Economic Growth as in Preliminary Data –Net Exports Down Amid Slowing Global Demand–Q4’s Slight Contraction Revised Up to Slight Growth, Making Q1 GDP 2nd Straight Quarterly Rise –Q2 GDP Seen Supported by Consumption Without Covid Restrictions but High Prices Remain Headwind By Max Sato (MaceNews) – […]
Preview: Japan Q1 GDP Solid Growth Seen Revised Up Slightly; Capex Appears to Be Firmer Than in Initial Estimate, Public Works Less Strong
–Consumer Spending on Services, Rebound in Business Investment Lead Economic Growth –Net Exports Drop Amid Slowing Global Demand –Q2 GDP Seen Supported by Consumption Without Covid Restrictions but High Prices Remain Headwind By Max Sato (MaceNews) – Japan’s solid economic growth led by resilient consumer spending in the January-March quarter is expected to be revised […]
White House and Other Schedules for Wednesday, June 7
WASHINGTON (MaceNews) – The following are Wednesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, JUNE 7, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
White House and Other Schedules for Tuesday, June 6
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: (Note: The White House announced at 9:03P Et Monday that there will be a joint news conference Thursday with Pres Biden and UK PM Sunak […]
Japan April Household Spending Slumps on Continued Shift to Lower Mobile Phone Plans; Traveling, Eating Out Remain Strong
–Spending Drop Also Due to Continued Cut in High School Supplementary Education; Housing Also Down –Spending on Packaged Tours, Train/Air Fares Continues Rising on Tourism Support Program –Real Household Income Posts 7th Straight Y/Y Drop on High Food Costs but Energy Subsidies Capping Utility Charges By Max Sato (MaceNews) – Japan’s real household spending […]
ISM: US May Service Sector Activity in Expansion Territory for 5th Straight Month but Slower on Lower New Orders, Employment
–ISM’s Nieves: Employment Remains a Mixed Bag, Depending on Industries –Nieves: Firms See Slower Growth This Year but No Forecasts for Recession –Nieves: Prices Paid Stabilizing as Production, Deliveries Improving By Max Sato (MaceNews) – Business activity in the U.S. service sector was in positive territory for the fifth straight month in May but the […]
White House and Other Schedules for Monday, June 5
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 5, 2023In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]