White House and Other Schedules for Wednesday, Aug 17

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. data and Federal Reserve events:    DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, AUGUST 17, 2022  The President has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr […]

Preview: Japan Q2 GDP Rebound Seen on Eased Covid Rules but China Lockdown Limiting Gain

–People Dining Out, Traveling More Since Restrictions Lifted in Late March –Capex Seen Making Up for Q1 Drop on Solid Digitization, Greener Energy Demand –Q3 GDP Growth Sees Headwinds: Domestic Covid Spike, Slower Global Growth  By Max Sato (MaceNews) – Japan’s gross domestic product for the April-June quarter is forecast by economists to post a […]

July Jobs Report Takes the ‘Stag’ Out of ‘Stagflation;’ Adds 528K Payroll Slots

By Denny Gulino WASHINGTON (MaceNews) – Confounding the forecasters, the July jobs market exploded with new hiring, adding 528,000 payrolls slots, lowering the unemployment rate to 3.5% and pitting market pessimists against their opposites who see inflation having peaked. U.S. stocks futures sagged, benchmark interest rates shot up a few basis points and the White […]

Japan June Household Spending Rebounds on Traveling, Dining Out Under Eased Covid Rules

–April-June Spending Up, Indicating Q2 GDP Rebound led by Consumption–Real Household Income Falls For 4th Straight Month on Rising Cost of Living By Max Sato (MaceNews) – Japan’s real household spending posted the first year-on-year rise in four months in June after falling unexpectedly in May as pent-up demand for eating out and traveling under […]

Japan June Retail Sales Post 4th Straight Y/Y Rise but Pace Slows  

–METI Keeps View After May Upgrade: Retail Sales Picking Up Gradually –Department Store Sales Continue Recovering on Eased Covid Rules –High Fuel Costs Prop Up Retail Sales; Supply Delays Keep Auto Sales Weak By Max Sato (MaceNews) – Japanese retail sales posted the fourth year-on-year rise in June, led by high fuel prices and recovering […]

Japan April Retail Sales Rise Further After Govt Eases Covid Rules in Late March

–METI Upgrades View: Retail Sales Showing Signs of Pickup Vs. Being Flat–Shoppers Flock to Department Stores; Clothing Up on Summer Weather–High Fuel Costs Prop Up Retail Sales; Supply Delays Keep Auto Sales Down By Max Sato (MaceNews) – Japanese retail sales in April posted solid gains for the second straight month both on the year […]

White House and Other Schedules for Tuesday, May 17

WASHINGTON (MaceNews)—The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as US data and Federal Reserve events:  DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, MAY 17, 2022   In the morning, the President and the First Lady will travel to Buffalo, New York. The departure from the South Lawn […]

Japan March Retail Sales Rebound as Govt Eases Covid Restrictions  

–METI Repeats Retail Sales Are Flat After Downgrading Its View in February –Department Store Sales Rebound, Fuels Up, Demand for Medicine, Cosmetic Solid By Max Sato (MaceNews) – Japanese retail sales rebounded on the year in March while marking the first monthly rise in four months as the government eased public health restrictions and the […]