US September ISM Manufacturing in Contraction for 11th Straight Month but PMI Rises to 10-Month High on Firmer New Orders, Output, Jobs
–ISM’s Fiore: We Are Well Off Bottom, Slowly Recovering–Fiore: Higher Inflationary Pressure Likely in Near Term Amid Rising Crude Oil Prices–Fiore: Machinery Producers Will be Hit by Higher for Longer Interest Rates –Fiore: Firms Managing Head Counts Through Attrition, Hiring Freezes By Max Sato (MaceNews) – U.S. manufacturing activity was in contraction territory for the […]
White House and Other Schedules for Monday, Oct 2
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 SCHEDULEFOR MONDAY, OCTOBER 2, 2023 In the morning, the President will receive the President’s Daily Brief. The Vice President will attend. This […]
BOJ September Quarter Tankan: Major Manufacturers’ Sentiment Rises More Than Expected on Higher Energy Prices, Heat Wave, Improved Supply Chains
–Lumber Producers, Auto Industry, Food and Beverage Firms Expect Pullback in December –Hotels, Restaurants Cautious About Near-Term Outlook After Recent Gains –Large Firms Revise Up Their Combined Capex Plans Slightly for Fiscal 2023; Small Firms Push Theirs Sharply Higher By Max Sato (MaceNews) – Confidence among major manufacturers in Japan picked up at a faster-than-expected […]
Preview: BOJ September Tankan to Show Modest Improvement in Major Manufacturers’ Sentiment
–Supply Chain Recovery Supports Auto Industry but Silicon Demand Sluggish –Eased Covid Rules Helping Services Sector While High Costs Hurting Consumers –December Business Confidence Seen Flat to Slightly Lower –FY23 Capex Plans Among Large, Small Firms Expected to Be Revised Up Further By Max Sato (MaceNews) – The Bank of Japan’s quarterly Tankan business survey […]
White House and Other Schedules for Friday, Sept 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 SCHEDULEFOR FRIDAY, SEPTEMBER 29, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
Japan August Jobless Rate Steady at 2.7% as Some Women Find Jobs After Joining Labor Market in July
–Job Cuts, Retirements Dip, Fewer People Begin Looking for Work but Number of Those Who Quit for Other Openings Rise Further –Employment Up Y/Y for 13th Straight Month, Led by Hotels, Restaurants, Medicals Services, Construction; Manufacturing Jobs Slip –Number of Unemployed Posts 2nd Straight Y/Y Rise By Max Sato (MaceNews) – Japanese payrolls posted their […]
Japan September Tokyo Core CPI Annual Rate Eases to 14-Month Low of 2.5% in August as Utility Costs Slump, Processed Food Prices Show Signs of Easing
–Processed Food Prices Continue to Lead Consumer Inflation, Pushing Up CPI Annual Rate by Nearly 2 Percentage Points –Total CPI Annual Rate Also Moderates to 12-Month Low of 2.8% from 2.9% in August after Hitting 41-Year High of 4.4% in January –Core-Core CPI (Ex-Fresh Food, Energy) Annual Rate Eases to 3.8% from 41-Year High of […]
Japan August Industrial Production Flat as Higher Fuel Output Offsets Pullback in Auto Industry After Recent Gains
–METI Survey: Output Likely to Rise in Both September and October –METI Keeps View After July Data Downgrade: Output Taking One Step Forward, One Step Back –METI To Watch Effects of Downside Risks to Global Growth, Inflation By Max Sato (MaceNews) – Japan’s industrial production came in slightly firmer than expected in August, being unchanged […]
Japan August Retail Sales Continue to Post Sharp Y/Y Rise on Heat Wave
Auto Demand, Recovering Department Stores on Influx of Foreign Visitors, –METI Keeps View: Retail Sales on Gradual Uptrend–High Prices of Food and Beverages Supporting Overall Retail Sales –Sales of Apparal, Appliances, Fuels Maintain Rebound Seen in July By Max Sato (MaceNews) – Japanese retail sales maintained high growth on the year in August as the […]
White House and Other Schedules for Thursday, Sept 28
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 SCHEDULEFOR THURSDAY, SEPTEMBER 28, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]