Japan July Core, Total CPI Annual Rates Stay Above 2% on High Food, Utilities Costs 
–Core CPI +2.4% Y/Y Largest in 14 Years Excluding 2014 Sales Tax Hike Impact–Total CPI +2.6% Y/Y Remains Fastest in Over 30 Years, Excluding Direct Impact of 2014, 1997 Sales Tax Hikes –Gasoline Price Rise Slower on Govt Subsidies, Easing Crude Oil Market By Max Sato (MaceNews) – Consumer inflation in Japan continued moving up […]
White House and Other Schedules for Thursday, Aug 18
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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, AUGUST 18, 2022 The President has no public events scheduled as he vacations in Wilmington and the First Lady isolates in South […]
FOMC Minutes: Officials Eyed ‘Downside’ Growth Risks, ‘Upside’ Inflation Risks
– Policy Focus Remained on Curbing Inflation, But ‘Many’ Warned of Overdoing It – No Clear Signal from Minutes On Size of Sept. 21 Rate Hike By Steven K. Beckner (MaceNews) – Federal Reserve officials continued to tilt toward a tighter monetary policy at their late July Federal Open Market Committee meeting, but while they […]
Japan June Machine Orders Post Modest Rise, Rebound Sharply in April-June
–Japan Capex Demand Seen Solid, as Seen in Q2 GDP Growth–Japan Govt Keeps View: Machine Orders Showing Signs of Pickup By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, rebounded slightly in June, reflecting a cautious sentiment against the backdrop of solid needs to upgrade computer networks, […]
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 […]
Japan July Exports, Imports Hit Record Highs as Producer Costs Remain Elevated
–Exports to U.S., Asia, China All Hit Highest Values on Semiconductors –Overall Export Volumes Continue to Drop Y/Y After Recovering from Covid Slump By Max Sato (MaceNews) – Japanese exports maintained a high pace of growth from a year earlier in July, hitting a record high value for the second straight month on solid global […]
BofA Global Research Fund Manager Survey: Investors Hopeful Inflation/Rate Shocks to Dissipate Soon
-Investors Stay Watchful For Recession By Vicki Schmelzer NEW YORK (MaceNews) – Global investors polled in August were hopeful that inflation and rate shocks will dissipate in the coming quarters, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. At the same time, investors remained on high alert for recession, […]
White House and Other Schedules for Tuesday, Aug 16
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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR TUESDAY, AUGUST 16, 2022 In the morning, the President and the First Lady will depart Kiawah Island, South Carolina en route Washington, […]
White House and Other Schedules for Monday, Aug 15
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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR MONDAY, AUGUST 15, 2022 The President, vacationing at Kiawah Island, South Carolina, has no public events scheduled. Out-of-Town Pool Wires: AP, Reuters, BloombergWire Photos: […]
Japan Q2 GDP Up on Eased Covid Rules, China Lockdown Limiting Gain
–Japan GDP Posts 3rd Straight Q/Q Growth as Slight Q2 Drop Revised to Slight Rise–People Dining Out, Traveling More Since Restrictions Lifted in Late March–Capex Makes Up for Q1 Drop on Solid Digitization, Greener Energy Demand–Q3 GDP Growth Faces Headwinds: Domestic Covid Spike, Slower Global Growth By Max Sato (MaceNews) – Japan’s gross domestic product […]