DATA PREVIEW: RETAIL SALES PAYBACK DUE AFTER BRISK SEPTEMBER
By Kevin Kastner WASHINGTON (MaceNews) – A surprise jump in September retail sales, led by a surge in motor vehicle sales, was a blip in what appears to be a continued slowing trend in sales growth. October retail sales should rise only modestly when released next Tuesday following an outsized 1.9% jump in September. While […]
NY FED’S WILLIAMS DOWNPLAYS MARKET TALK OF INFLATION RESURGENCE
By Laurie Laird LONDON (MaceNews) – A key U.S. rate setter Friday poured cold water on recent market chatter of an uptick in inflation, predicting a slowdown of the economic recovery which is likely to keep a lid on price pressures. Growth “in the fourth quarter and maybe into next year will slow somewhat,” said John […]
STATUS CHECK COMMENTARY- ELVIS IS LEAVING THE BUILDING – NOW WHAT?
WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes. A day like other days since the election, a president retweeting millions of Trump votes were “deleted” and Twitter tagging that and others as “disputed.” The retweet was from a posting by the […]
FRIDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Friday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, NOVEMBER 13, 2020 EST 10:00AM In-House Pool Call Time 12:00PM THE PRESIDENT receives an update on Operation Warp Speed Oval Office Closed Press ### — Content may appear first or exclusively on the Mace News premium service. For real-time email […]
ECB, BOE SEE NO SILVER BULLET IN COVID VACCINE
–Both CenBanks Expected to Adjust Policy in December –Fed’s Powell Sees More Tech-Oriented, Less Job-Oriented Recovery By Laurie Laird LONDON (MaceNews) – Europe’s top central bankers welcomed the positive news on a Covid vaccine unveiled earlier this week, but warned that the region faces more economic pain before an inoculation becomes widely available. European Central […]
DATA FLASH: US OCTOBER CPI FLAT; JOBLESS CLAIMS FALL 48,000
–Core Prices Flat, Both Including and Excluding Energy Prices–Energy Prices Rose By 0.1%, But Gasoline Prices Down 0.5%. By Kevin Kastner WASHINGTON (MaceNews) – The October consumer price data were below expectations, with flat readings for both headline and core CPI. Both measures were expected to rise by 0.2%. The year/year rates for consumer inflation […]
ITALY TO PLACE NEW USD BONDS TODAY, CAP IS USD 4BLN FOR US INVESTORS; MORE ISSUANCE COULD FOLLOW
By Silvia Marchetti ROME (MaceNews) – Italy will issue at 10:30 am EST Thursday a second round of US-dollar-denominated bonds with the goal of consolidating a stable and solid presence in the US market through a broad range of maturities after last year’s first issuance. Rome’s Treasury announced it has mandated Barclays Bank PLC, BofA Securities Europe […]
BOE GOVERNOR DOWNPLAYS FEARS OF UK ECONOMIC SCARRING
— Declines to provide timeframe for consideration of negative interest rates By Laurie Laird LONDON (MaceNews) – The U.K. may escape significant economic scarring as a result of the Covid epidemic, particularly if an effective vaccine becomes widely available in 2020, according to the country’s top central banker. The Bank of England’s fears of permanent […]
STATUS CHECK COMMENTARY- OF TRADITION AND LEGACY
WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes. Veterans Day saw the opening of the National Museum of the United States Army, a beautiful huge structure situated in the immense Fort Belvoir, one of the U.S. military’s most high tech installations […]
THURSDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, NOVEMBER 12, 2020 EST 10:00AM In-House Pool Call Time 12:30PM THE PRESIDENT has lunch with the Vice President Private Dining Room Closed Press 4:00PM THE PRESIDENT meets with the Secretary of State and the Secretary of the Treasury Oval […]