Eurostat: Final Feb Inflation in Euro Area +0.9%/Feb
ZURICH (MaceNews) – Inflation in the Euro-area rose 0.9 percent in February, confirming the preliminary figure, Eurostat reported Wednesday. The February result matched the median of an Econoday survey of economist’s forecasts and was the same rate as in January. On a monthly basis, prices rose 0.2 percent. The overall gain was mitigated by a […]
Japan Feb. Exports Dip After January’s Pre-Lunar New Year Rush; Pickup Seen Intact
– Exports to China Continue Rising; Shipments to Asia Post Slight Drop – Demand for Chip-Making Machines Strong; Auto Exports Slowing By Max Sato (MaceNews) – Japanese exports posted the first year-on-year drop in three months in February partly in reaction to rush shipments to Asia in January before the Lunar New Year holidays last […]
BofA Global Fund Manager Survey: Inflation Jitters Knock COVID-19 Off Perch As Top ‘Tail Risk’
By Vicki Schmelzer NEW YORK (MaceNews) – Inflation jitters knocked COVID-19 off its long-held perch as the top “tail risk” feared by global investors, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. Up until this month, COVID-19 has been the primary concern of fund managers since February 2020, the […]
Italy’s Govt Readies +Euro 20-20 Bln in Extra Deficit Spending to Tackle Pandemic, Delayed Vaccinations- Sources
By Silvia Marchetti ROME (MaceNews) – Italy’s government prepares to clear soon some EUR 20-30 billion in extra deficit spending to tackle the protracted pandemic with additional measures to support the recovery, according to ruling coalition sources. An official argued that the figure could be even higher if the economic outlook further worsens and there […]
Germany’s Economic Sentiment Improves in March; Inflation Seen Higher
ZURICH (MaceNews) – The outlook for Germany’s economy improved in March among financial experts, according to the latest report from the Mannheim-based ZEW institute. The index rose to 76.6 in March, beating the median of 75.0 in an Econoday survey of economic forecasts, rising 5.4 points from the February result. Since December 2020, the index […]
Tuesday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, MARCH 16, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will […]
Italy’s Likely Funding Target for 2021 About 500B Euros, Possibly More – Sources
By Silvia Marchetti –Second Nationwide Lockdown to be Running Through Easter–‘Overall Picture Remains Gloomy and Uncertain’ ROME (MaceNews) – Italy’s bond issuance program for this year will likely be slightly higher than EUR 500 billion, in line with 2020 according to ruling coalition sources. There are roughly EUR 230 billion in maturing bonds’ rollover to […]
MONDAY WASHINGTON SCHEDULES FROM MaceNews
WASHINGTON (MaceNews) – The following are are Monday’s schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, MARCH 15, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will […]
US Data Preview: Rescue Plan Billions Transcend Data/FOMC
–Coming Up, Retail Sales, Housing Starts; FOMC, Leading Indicators WASHINGTON (MaceNews) – Let’s face it, far more significant than the upcoming week’s economic data and FOMC meeting – more than perhaps the entire year’s upcoming data and FOMC meetings – is that the government is beginning to dump American Rescue Plan billions – hundreds of […]
Friday Washington Schedules From MaceNews
WASHINGTON (MaceNews) – The following are Friday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, MARCH 12, 2021 In the morning, the President and the Vice President will meet virtually with their counterparts in the Quad: Prime Minister Narendra Modi […]