Japan Weekahead: Fuel Subsidies, Softer Global Demand Seen Easing Producer Inflation Further While Real Wages Slow to Recover amid High Costs of Living
By Max Sato (MaceNews) – Here are the key Japanese economic events for the coming week. In the previous week, the Bank of Japan’s quarterly business survey for June showed confidence among major manufacturers unexpectedly posted a slight pickup, led by steel mills, oil refineries and paper/pulp makers thanks to lower materials costs, while producers […]
Preview: Bank of Japan Q2 Tankan to Show Business Sentiment Slipped as Trump Tariffs Hit Auto, Metal Industries, High Costs Slow Consumers Spending
By Max Sato (MaceNews) – The Bank of Japan’s quarterly Tankan business survey is forecast to show confidence was flat or deteriorated in most categories in the June quarter, hit by Trump tariffs on vehicles, metals and other goods, with automakers lowering export prices to pay for higher import costs for U.S. customers, according to […]
Japan Still Sees Modest Economic Recovery but Warns It Now Needs to Watch Future US Policy amid Headwinds of Inflation, Middle East Tensions, Weak Yen
By Max Sato (MaceNews) – Japan’s government maintained its overall assessment that the economy’s “modest recovery” is set to continue thanks to wage hikes amid widespread labor shortages, but urged a close watch on the future U.S. government policy as well as lingering high costs for necessities, geopolitical risks and the weak yen. In its […]
Preview: Japan Q2 GDP to Post Modest Rebound After Slumping in Q1 but Consumption Remains Sluggish amid High Costs
By Max Sato (MaceNews) – Japan’s gross domestic product for the April-June quarter is forecast to post a modest rebound after suffering its first contraction in two quarters in January-March, up 0.6% on quarter, or an annualized 2.3%, as consumption and business investment picked up from the drag of suspended output at Toyota group factories […]
Japan June Overall Household Spending Dips Y/Y on Volatile Factors but Core Reading Records 1st Rise in 16 Months as Heat Wave Boosts Demand for Air Conditioners
–Consumers Remain Frugal, Switching to Discount Mobile Phone Plans–High Wage Hikes amid Labor Shortages Lead to 2nd Straight Rise in Average Household Income–Base Wages Mark Highest Growth in Nearly 3 Decades; Real Wages Up for 1st Time in 27 Months By Max Sato (MaceNews) – Japan’s real household spending posted its second straight year-over-year drop […]
Bank of Canada Q2 Survey: Business Outlook Remains Pessimistic amid Weak Demand, High Interest Rates, Leading to Slower Capex
Bank of Canada survey shows inflation expectations down
Japan May Household Spending Unexpectedly Slumps as Consumers Shy Away from Soaring Fresh Food Prices, Weaker Yen Dents Overseas Travel Demand
Japanese household spending slumps
Japan April Household Spending Posts 1st Y/Y Rise in 14 Months on Higher Education Costs, More Gift Money at Ceremonies; Autos, Package Tours Slip
Japanese household spending rises from year ago
White House and Other Schedules for Friday, April 26
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 DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, APRIL 26, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. Later, the President will return […]
White House and Other Schedules for Friday, March 29
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, MARCH 29, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]