Japan June Machine Orders Dip, Rebound in Q2; Sharp Q3 Rise Seen
By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, took a breather in June after three months of gains, but they appear to be headed for a sharp gain in the July-September quarter after a rebound in April-June, data released Wednesday by the Cabinet Office showed. Orders […]
Fed’s Powell Warns of Ongoing Covid Risks; Says Economy Far From Full Recovery
By Steven K. Beckner (MaceNews) – Federal Reserve Chairman Jerome Powell warned of the continued economic risks posed by the mutating Covid virus Tuesday. And Powell stressed that the economy remains far from completing recovery from the initial outbreak of the pandemic and from achieving the “maximum employment” aspect of the Fed’s dual mandate. The […]
BofA Global Research Fund Manager Survey: Prospects of Fed Taper, China Easing, Delta Variant Concerns Weigh on Growth Outlook
By Vicki Schmelzer NEW YORK (MaceNews) – Federal Reserve tapering prospects, potential People’s Bank of China easing and the fast-paced spread of the COVID-19 Delta variant weighed on the growth outlook in August, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. Even though world growth expectations slipped more markedly […]
Tuesday’s Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, AUGUST 17, 2021 In the morning, the President will receive the President’s Daily Brief at Camp David. This meeting will be closed […]
Monday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, AUGUST 16, 2021 In the morning, the President will receive the President’s Daily Brief at Camp David. This meeting will be closed […]
Japan Q2 GDP Rebound Firmer Than Expected, Led by Consumption, Capex
— Consumer Spending Unexpectedly Rises Despite Pandemic Restrictions — Q2 GDP Posts 1st Y/Y Rise in 7 Quarters in Payback for 2020 Slump By Max Sato (MaceNews) – Japan’s economy rebounded more strongly than expected in April-June, led by solid business investment and surprisingly resilient consumption despite on-and-off restrictions on economic activity during the pandemic, […]
US Data Preview Commentary: Retail Sales, Housing Starts, Powell’s Town Hall and ‘Encirclement’
WASHINGTON (MaceNews) – The lazy, hazy days of … but not this time. U.S. stocks are still setting records but a new pessimism has dawned. About two weeks until Jackson Hole and a few more days afterward in which to likely be disappointed in how little the event added to what we already knew. And […]
Saturday/Sunday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are the Saturday and Sunday schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, AUGUST 14, 2021 AND SUNDAY, AUGUST 15, 2021 The President will remain at Camp David through Wednesday, August 18. […]
Friday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Friday’s’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, AUGUST 13, 2021 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. In the evening, […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, the State Department, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, AUGUST 12, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be […]