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 […]
Japan Q1 Annualized GDP Slump Revised Down to 2.9% from 1.8% Drop in Rare 2nd Revision as Public Works Spending Turns Much Weaker Than Estimated Earlier
Japanese GDP revised down
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 June Tokyo Core CPI Annual Rate Rises to 2.1% from 1.9% in May on Reduced Utility Subsides; Air Conditioner Prices Up on Hot Weather
Tokyo CPI rises in May
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 May Industrial Production Rebounds 2.8% on Month, Led by Auto Industry as Resumed Vehicle Output Props Up Others
Japan industrial production rebounds
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