Japan April Exports Continue Rising on Reopening Demand but Shipments to China Dip
–Exports at 2nd Highest Amount After Hitting Record High in March–Imports at Fresh Record High on Energy, Leading to 9th Straight Trade Deficit–Exports to China Mark 1st Y/Y Drop in 3 Months on Covid Lockdowns By Max Sato (MaceNews) – Japanese exports continued rising sharply from year-earlier levels in April after hitting a record high […]
Japan Upgrades Economic View as Easing Covid Impact Supports Spending; Uncertainty Remains
By Max Sato (MaceNews) – Japan’s government Thursday upgraded its overview for the first time in four months as the drag from an Omicron-led spike in coronavirus cases is easing to support consumption despite surging food and energy prices and uncertainty over the war in Ukraine, according to its monthly report released by the Cabinet […]
Japan March, Fiscal 2021 Exports Hit Record Highs, Imports Surge at Faster Pace
–Imports Also at Record High on Energy, Leading to 8th Straight Trade Deficit –Exports to China Slower in March, Volumes Down on Year –Auto Exports Slip in March After February Rebound Amid Supply Bottlenecks By Max Sato (MaceNews) – Japanese exports hit a record high in March, marking the 13th straight year-on-year increase, on reopening […]
Italy Raises Pressure on EU To Cap Gas Import Prices, Ready to Adopt National Measures If EU Deal Is Delayed – Sources
By Silvia Marchetti ROME (MaceNews) – Rome’s government is raising pressure on European Union institutions to place a EU-wide cap on imported gas prices to shield families and business from an extraordinary spike in energy bills that is weakening the bloc’s economy, according to ruling coalition sources. The proposal faces opposition from Germany and Holland. […]
<strong>Japan Govt Sees Economic Pickup Signs, Warns of Downside Risks from Inflation, Markets, War </strong>
By Max Sato (MaceNews) – Japan’s government Friday maintained its overview that the economy is showing signs of a pickup amid some soft spots as Covid cases appear to have peaked, but also warned that rising prices, volatile financial markets, and the war in Ukraine could heighten downside risks, according to its monthly report released […]
Japan February Exports Post 12th Straight Y/Y Rise After Slower January Growth
–Imports Up on Rising Energy Prices, Leading to 7th Straight Trade Deficit –Exports to China Rebound After Irregular Shipments Around Lunar New Year –Auto Exports Rebound Amid Lingering Supply Constraints By Max Sato (MaceNews) – Japanese exports rose from a year earlier for the 12th straight month in February, picking up from slower growth in […]
Analysis: Japan Economy Faces Headwind in Light of Russian Invasion of Ukraine
By Max Sato (MaceNews) – Japan’s wobbly economic recovery faces downside risks from high energy and commodities prices, which have surged on tensions over Ukraine between Russia and the West and could rise further on supply concerns now that Russia has invaded its neighbour. The direct impact of economic sanctions against Moscow on Japan’s trade […]
Italy Lobbying EU To Keep Energy Out Of Sanctions Package Against Russia – Italy Government Sources
–Rome hopes any sanctions would unfold in stages, sees energy sanctions as ‘last resort’ given Italy’s dependence on Russian gas By Silvia Marchetti ROME (MaceNews) – Italy is lobbying at the European level to exempt Russian energy exports from the European Union’s potential sanctions as Italy would end up paying the highest price, according to […]
Japan Nov Exports Pick Up Pace on Eased Supply Delays, Reopening Demand
— Imports Surge on Rising Energy Costs, Leading to 4th Straight Trade Deficit By Max Sato (MaceNews) – The pace of year-on-year increase in Japanese exports picked up in November after slowing in October amid a recent improvement in parts supply from Southeast Asia but global transport bottlenecks and the spread of the Omicron coronavirus […]
US Data Preview Commentary: Retail Sales, Housing Starts, and More Angst About Threats of Partisan Violence
By Denny Gulino WASHINGTON (MaceNews) – A week of ordinary and not too consequential economic data, like October retail sales and housing starts, a US-China summit chat, the signing of BIF (Amtrak fans rejoice) and more socioeconomic angst reflected in a flurry of essays about America’s threatened civil war. No one needs to be told […]