Japan Seeking to Keep Yen Bears at Bay with Threat of Forex Intervention
–Tokyo Would Need Washington’s Consent and Help to Have Much Impact -US Has No Compelling Reason Yet to Step into FX Market–Japan’s Dollar Selling Ammunition Limited to Its Foreign Reserves By Max Sato (MaceNews) – Japanese policymakers are using verbal warnings and inquiries on market levels to stop the yen from depreciating rapidly against the […]
White House and Other Schedules for Wednesday, Sept 14
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, SEPTEMBER 14, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]
Japan July Machine Orders Unexpectedly Jump but Flat in 3-Month Average
–Japan Capex Demand Solid, Leading Upward Revision to Q2 GDP Growth–Japan July Core Orders’ Value Hit 3-Year High, Led by Non-Manufacturers–Japan Govt Keeps View: Machine Orders Showing Signs of Pickup–Cabinet Office Official: Machine Orders Not So Strong Yet to Prompt View Upgrade By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of […]
BofA Global Research Fund Manager Survey: Investor Sentiment ‘Super Bearish’ in September
By Vicki Schmelzer NEW YORK (MaceNews) – Global investor sentiment was “super bearish” in September, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. Accordingly, cash allocation rose to the “biggest overweight on record” and equity allocation fell to a “record underweight,” the survey said. Investors remained on high alert […]
Italy Faces Risk of New Debt Crisis with ‘Wobbly’ Right Win – Sources
By Silvia Marchetti ROME (Mace News) – Italy is facing the risk of a new sovereign debt crisis if a rightist win at the next election prevents formation of a stable pro-European government with a credible fiscal plan, according to current ruling coalition sources. Meanwhile, spreads have blown out as polls show overwhelming odds that […]
Japan Producer Price Inflation Steadies at Relatively High Pace; Lumber, Steel Prices Ease
–Export, Import Producer Prices Down on Month Amid Slower Global Demand By Max Sato (MaceNews) – Producer inflation in Japan steadied at a relatively high level in August after easing in July to the slowest pace in seven months and hitting a 41-year high in April, as slightly faster year-on-year gains in the costs for […]
White House and Other Schedules for Tuesday, Sept 13
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 SCHEDULE FOR TUESDAY, SEPTEMBER 13, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the […]
White House and Other Schedules for Monday, Sept 12
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 SCHEDULE FOR MONDAY, SEPTEMBER 12, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, […]
White House and Other Schedules for Saturday and Sunday
WASHINGTON (MaceNews) – The following are Saturday and Sunday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. data and Federal Reserve events: WEEKEND GUIDANCE AND PRESS SCHEDULE FOR SATURDAY, SEPTEMBER 10, 2022 AND SUNDAY, SEPTEMBER 11, 2022 On Saturday, the President has no public events scheduled. On Sunday, the […]
White House and Other Schedules for Friday, Sept 9
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. data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR FRIDAY, SEPTEMBER 9, 2022 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. After, the […]