White House and Other Schedules for Friday, Sept 16

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 16, 2022  In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]

Transcript: Senior Admin Off’ls on EO Re Screening Inbound Foreign Investments

WASHINGTON (MaceNews) – The following is the White House transcript of a teleconference between senior officials and reporters backgrounding the executive order adding criteria to Treasury’s CFIUS screening of inbound foreign investments: Via Teleconference MODERATOR:  Great, thank you.  Hey, everyone.  Thanks for joining.  So we’re going to do a background call today.  I think you […]

Analysis: Fed to Stay on Aggressive Tightening Path Sept. 21

By Steven K. Beckner (MaceNews) – Federal Reserve policymakers are unlikely to find a reason to slow their monetary tightening campaign at their Federal Open Market Committee meeting next week, and increasingly the expectation is that they will raise interest rates at least as aggressively as they did at their previous two meetings.  Although hopes for a […]

White House and Other Schedules for Thursday, Sept 15

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, SEPTEMBER 15, 2022    In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In […]

Japan Aug Export Values Up but Volumes Down on Slower Global Growth 

–Imports Hit Fresh Record High on Energy, Leading to Highest Trade Deficit By Max Sato (MaceNews) – Japanese exports posted a higher year-on-year rise in August after hitting a record high value in July on global reopening demand for automobiles, fuels and semiconductor-producing equipment and their rising prices, data released Thursday by the Ministry of […]

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 […]