BOJ Sept Key Tankan Business Sentiment Up But Outlook Uncertain
— Higher Energy, Commodities Markets Support Some Producers— Automakers Report Worse Sentiment As Supply Constrains Linger— Face-To-Face Service Providers Suffer Amid Covid-19 Spike— BOJ Survey Also Shows Companies Revise Up FY21 Capex Plans By Max Sato (MaceNews) – Higher energy and commodities prices this year further boosted confidence among many manufacturers, big and small, while […]
Thursday, September 30 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR THURSDAY, SEPTEMBER 30, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This meeting will be closed press. In-Town Pool Wires: AP, Reuters, Bloomberg Wire Photos: AP, Reuters, AFP, NYT TV Corr & Crew: ABC […]
Japan Aug Retail Sales Slip on Rain Storms, Covid-19 Spike
By Max Sato (MaceNews) – Japan’s retail sales posted the first year-over-year drop in six months in August as a resurgence in coronavirus cases and stormy weather from the middle of the month kept shoppers away, data from the Ministry of Economy, Trade and Industry released Thursday showed. Retail sales slumped a preliminary 3.2% on […]
Japan Aug Factory Output Slumps as Global Supply Chain Disruptions Continue 
— Japan’s METI Downgrades View: Factory Output Pausing Vs. Picking Up –METI Repeats: Watch Effects of Rising COVID Cases, Global Chip Shortages By Max Sato (MaceNews) – Japan’s industrial production posted an unexpectedly large decline in August as pandemic-caused lockdowns in Southeast Asia are straining parts supplies further and global semiconductor shortages lingered, preliminary data […]
MaceNewsViews: Commentary – Even With a Prisoner Exchange, China Seen as Heavy-Handed
By Eric Ham WASHNGTON (MaceNews) – Now that China has completed a prisoner exchange with Canada and the United States with high-stakes trade and economic ramifications, its international reputation as heavy-handed and clumsy has not necessarily been improved. Canadians Michael Kovrig and Michael Spavor landed in Calgary, Alberta early Saturday in exchange for Meng Wanzhou, […]
Wednesday September 29 Washington Schedules from Mace News
The White House DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, SEPTEMBER 29, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the afternoon, the President will attend the memorial of former Indiana First Lady Susan Bayh at the Washington National Cathedral. This service will be […]
Dallas Fed’s Kaplan, Boston’s Rosengren Departures Leaves Many Questions So Far Unanswered
By Denny Gulino WASHINGTON (MaceNews) – New rules goverinng how Federal Reserve officials handle their personal finances are now imminent as the Fed tries to get them in place before Congress imposes new rules of its own and meanwhile questions abound as to how the case of the Dallas regional bank president has been handled. […]
ECB’S Lagarde Downplays Prospect of Early Eurozone Rate Hike Despite Rising Inflation
— HICP expected to top 3% in December LONDON (MaceNews) – Eurozone interest rates are likely to remain at record lows for the foreseeable future, with the recent rise inflation seen as temporary, according to European Central Bank President Christine Lagarde. “The key challenge is to ensure that we do not overreact to transitory supply shocks,” […]
NY Fed’s Williams: Taper ‘May Soon Be Warranted’ If Progress Continues
– If Start Taper Soon, Can Be ‘Smooth,’ Not Disruptive – Ending Taper By Mid-2022 ‘Reasonable’ – Inflation Test Met; ‘Lot of Progress’ Made On Employment – FOMC Shouldn’t Lift Off Too Soon; Want To Achieve Maximum Employment By Steven K. Beckner (MaceNews) – New York Federal Reserve Bank President John Williams strongly suggested he […]
Chicago Fed’s Evans: Fed Needs to Keep Working to Lift Inflation Expectations
By Steven K. Beckner (MaceNews) – Chicago Fed President Charles Evans strongly doubted whether current elevated inflation will be sustained and stressed the need for the Fed to keep striving to overshoot the 2% average inflation target to lift inflation expectations rather than just hoping higher inflation will be perpetuated by “accidental” forces like transitory […]