ISM: US Services Sector Unexpectedly Slips Back into Contraction; Key Index Hits Lowest Since Early Phase of Pandemic Slump
US service business contracts in June
Italy Eyes More Medium-Long Bonds to Lengthen Debt Life – Sources
According to Rome’s government that has carried out several surveys, longer maturities appeal to Italian families as they tend to have lots of savings they prefer to invest in long term investments, and trust the state to hold their money more than banks. “The era of zero rates is over, which means that the cost […]
US June ISM Manufacturing in Contraction for 3rd Straight Month as Demand Remains Weak amid High Interest Rates
–ISM Manufacturing Index Dips to 48.5 from 48.7 in May, Below Median Forecast of 49.1–ISM’s Fiore: Biggest Concern in June Report is over Falling Production–Fiore: Employment Unlikely to Expand Without Significant Pickup in Demand–Fiore: Manufacturing Still ‘Stable’ During Summer Months When Activity Slows Down By Max Sato (MaceNews) – U.S. manufacturing activity was in contraction […]
BOJ June Quarter Tankan: Major Manufacturers’ Sentiment Picks Up on Resumed Auto Output, Slightly More Upbeat Three Months Ahead
Japan manufacturing sentiment better
Preview: BOJ June Quarter Tankan to Show Major Manufacturers’ Sentiment Up Slightly on Resumed Vehicle Output
Japan business expectations mixed
Japan May Jobless Rate Steady at 2.6% for 3rd Straight Month; Job Cuts Steady, More People Join Market Looking for Work
Japanese unemployment steady
Japan Government Keeps Its View on Economic Recovery, Upgrades Global Economy but Warns of Impact of High Interest Rates in US, Europe
Japanese cabinet warns on impact of possible overseas slowdown
Bank of Japan June Meeting Summary Shows Members Agree High Costs Hurting Consumers but Divided over How to Proceed on Next Rate Hike
Bank of Japan officials split on next rate hike
Japan May Core CPI Annual Rate Rises to 2.5% from 2.2% in April as Higher Renewable Energy Charge Boosts Utility Bills
Japan core inflation faster in May
Japan May Export Rise Led by Automobiles, Semiconductors as in April; Trade Balance in Deficit for 2nd Straight Month
–Imports Up on Higher Demand for Crude Oil, Products, Computers; Chips Down–Exports to China Post 6th Straight Y/Y Rise, Picking Up from Last Year’s Slump–Exports to US Remain Robust; Those to EU Mark 2nd Straight Y/Y Slip By Max Sato (MaceNews) –Japanese export values rose 13.5% on year in May for the sixth straight increase, […]