<strong>Japan February Exports Up After China Lunar New Year Holidays Distort Flows; Trade Deficit Narrows from Record High </strong>
–Japan Posts 19th Straight Month of Trade Deficit on High Oil, Gas Import Costs–Exports to China Mark 3rd Straight Y/Y Drop Amid Renewed Covid Spike By Max Sato (MaceNews) – Japanese export values posted only modest growth in February amid slowing global demand but picked up from January, when lunar new year holidays distorted trade […]
<strong>Japan January Machine Orders Jump, Boding Well for Modest Q1 Rebound After Q4 Dip</strong>
–After Annual Revision, Cabinet Office Sees Core Orders Up 2.9% Q/Q in Q1, Revised Down from +4.3% –Cabinet Office Maintains View: Machinery Orders Pausing By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, jumped for a second straight monthly advance in January, after a modest gain and […]
<strong>White House and Other Schedules for Wednesday, March 15</strong>
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. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, MARCH 15, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
<strong>White House and Other Schedules for Tuesday, March 14</strong>
WASHINGTON (MaceNews) – The following are Tuesday’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 TUESDAY, MARCH 14, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
White House and Other Schedules for Monday, March 13
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 SCHEDULE FOR MONDAY, MARCH 13, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]
Weekend US Bank Failure Anxiety Fades as Govt Deploys Massive Rescue
–Fed ‘To Take Additional Steps As Appropriate’ –‘All Depositors’ Now Protected –New Question of Rescue Episode’s Impact on Fed Rate Decisions By Denny Gulino WASHINGTON (MaceNews) – A wave of severe weekend anxiety about paychecks and savings that swept across America appeared to fade with the hastily assembled government rescue program as a new week […]
<strong>White House and Other Schedules for Friday, March 10</strong>
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 DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, MARCH 10, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]
<strong>BOJ Keeps Easing Stance to Pursue Stable 2% Inflation Target After Nearly a Decade of Flooding Markets with Cash</strong>
–March Meeting Last Scheduled One for Governor Kuroda Before His 2nd 5-Year Term Ends on April 8 –Kuroda’s 2 Deputies Will Also Retire at End of Their 5-Year Terms on March 19 –Incoming Governor, Ex-BOJ Board Member Kazuo Ueda Has Told Diet Current Easing Stance ‘Appropriate’ By Max Sato (MaceNews) – The Bank of Japan […]
<strong>Japan February Producer Inflation Eases Further to 8.2% from 9.5% on Faster Drops in Fuels, Lumber Prices Amid Slower Global Growth </strong>
–December’s 10.5% Y/Y Rise Remains Highest in 42 Years By Max Sato (MaceNews) – Producer inflation in Japan continued to ease in February as the government is trying to cap sharp increases in energy costs for both households and businesses while fuel and lumber prices fell at a faster pace amid slowing global demand, data […]
<strong>Japan January Household Spending Dips Y/Y Amid High Costs, Jumps M/M as Economy Continues Reopening</strong>
–Slight Drop Led by Lower Spending on Telecommunications Charges–Spending on Hotels, Transport Continues Rising on Govt Tourism Support Program –January Real Household Income Posts 4th Straight Y/Y Drop on High Costs for Food, Utilities By Max Sato (MaceNews) – Japan’s real household spending posted an as-expected slight drop on the year in January, with more […]