Japan September Machine Orders Slump, Q3 Drop Largely as Expected; Q4 Rebound Seen 
–Japan Govt Downgrades View: Pickup in Machine Orders Pausing Vs. Orders Showing Signs of Pickup By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, posted the second straight month-on-month drop in September amid slowing global economic growth, as lower demand for freezers, construction machines, and turbines offset […]
White House and Other Schedules for Tuesday, Nov 15
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. data and Federal Reserve events: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORTUESDAY, NOVEMBER 15, 2022 – THURSDAY, NOVEMBER 17, 2022 Tuesday, November 15, 2022 In the morning, the President will be welcomed by […]
Japan Q3 GDP Unexpectedly Shrinks on Surging Imports; Capex Slower but Solid, Consumption Resilient
–Japan’s Economy Posts 1st Q/Q Drop in 4 Quarters; Q2 Growth Revised Up –Consumption Marks 4th Straight Q/Q Rise Despite Spike in New Covid Cases –Capex Demand for FY22 Solid Amid Digitization, Green Transformations –Q4 GDP May Rebound on Fiscal Support but Global Uncertainties Remain –Economic Minister Goto: Japan Gradual Pickup Intact Despite Q3 Dip […]
TRANSCRIPT: President Biden’s Q&A Following His Meeting With China’s President Xi 
(MaceNews) – The following is the White House transcript of President Biden’s news conference following his nearly three-hour meeting Monday with China’s President Xi Jinping: REMARKS BY PRESIDENT BIDENIN A PRESS CONFERENCE Grand Hyatt HotelBali, Indonesia 10:03 P.M. CIT THE PRESIDENT: Welcome to Bali. (Laughs.) Please. Good evening, everyone. Let me start with a few […]
US Consumer Inflation Expectations, Unemployment Worries Rise in October, NY Fed Reports
NEW YORK (MaceNews) – US consumer inflation expectations bumped up in October from September, paced by much higher expected gas prices, according to a survey from the Federal Reserve Bank of New York. The median expectation for inflation one year ahead among survey respondents rose to 5.94% in October from 5.44% in September and 5.75% […]
White House Readout of President Biden’s Meeting with China President Xi
(MaceNews) – The following is the White House “readout” of President Biden’s meeting Monday with China’s Pres Xi Jinping in Bali, Indonesia on the sidelines of the pending G20 leaders’ meeting set for Tuesday: President Joseph R. Biden, Jr. met on November 14 with President Xi Jinping of the People’s Republic of China (PRC), in […]
White House and Other Schedules for Saturday and Sunday
WASHINGTON (MaceNews) – The following are Saturday and Sunday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORSATURDAY, NOVEMBER 12, 2022 – THURSDAY, NOVEMBER 17, 2022 Saturday, November 12, 2022 In the morning, the President will land in Phnom Penh, […]
White House and Other Schedules for Friday, Nov 11
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. data and Federal Reserve events: COMPREHENSIVE TRIP GUIDANCE AND PRESS SCHEDULE FORFRIDAY, NOVEMBER 11, 2022 – THURSDAY, NOVEMBER 17, 2022Friday, November 11, 2022 The President will hold a bilateral meeting with President Abdel […]
Japan October Producer Inflation Higher Than Expected at 9.1%, Led by Utilities, Iron and Steel
–September’s Annal Rate Revised Up to 10.2%, Highest in 41 Years –Weak Yen Continues Boosting Import Costs for Producers By Max Sato (MaceNews) – Producer inflation in Japan came in higher than expected in October as utility charges surged above 40%, iron and steel prices remained high, up over 20%, and a faster pace of […]
Preview: Japan Q3 GDP to Post 4th Straight Quarterly Growth; Pace Slower on Covid Spike, High Prices
–Modest Q3 Growth Seen Led by Solid Capex Demand, No Strict Public Health Rules –Net Exports Seen Down amid Global Slowdown, Rising Import Costs –Q4 GDP Growth Likely Backed by Govt Subsidies for Tourism, Eased Border Restrictions By Max Sato (MaceNews) – Japan’s gross domestic product for the July-September quarter is forecast by economists […]