Japan May Producer Prices Jump 2.4% Y/Y After 1.1% Rise in April on Higher Renewable Energy Utility Fees, Global Concerns over Copper Supply
Japan producer prices rise
Italy’s Premier Meloni Tops Italian Rivals in EU Vote, Key to New European Power Balance
Italy’s Meloni gets boost in EU elections
Japan Q1 GDP Slump Revised Up Slightly to 1.8% from 2.0% Drop as Upward Revision to Private Inventory Buildup Offsets Larger-Than-Expected Export Drop
Japan GDP slightly better in revised report
Japan April Household Spending Posts 1st Y/Y Rise in 14 Months on Higher Education Costs, More Gift Money at Ceremonies; Autos, Package Tours Slip
Japanese household spending rises from year ago
ISM: US Services Sector Swings Back into Growth in May from April’s Brief Contraction but More Firms Concerned About High Interest Rates
US service sector business rebounds
Bank of Canada Cuts Policy Rate by 25 Basis Points to 4.75% as Widely Expected amid Easing Inflation, Slower Growth
Bank of Canada cuts interest rates
Preview: Bank of Canada Set to Cut Policy Rate by 25 Basis Points amid Signs of Easing Inflation, Slowing Economic Activity
By Max Sato (MaceNews) – The Bank of Canada is widely expected on Wednesday to lower its policy interest rate — the target for overnight lending rates — by 25 basis points to 4.75% to help reduce high mortgage rates and other borrowing costs in light of easing inflation and slower economic growth, but some […]
US May ISM Manufacturing in Contraction for 2nd Straight Month as New Orders Plunge Void of Fed Rate Cut Relief
manufacturing slows in May
Japan May Tokyo Core CPI Annual Rate Rises to 1.9% on Reduced Utility Subsidies After Falling to 25-Month Low of 1.6% in April due to Free High School Education
Japan CPI accelerates in April, as expected
Japan April Jobless Rate Steady at 2.6% for 2nd Straight Month; Job Cuts Shrink, Fewer People Quit for Other Openings
–Employment Up Y/Y for 21st Straight Month, Led by Hotels, Restaurants; Manufacturing Shed Jobs for 2nd Month in a Row By Max Sato (MaceNews) – Japanese payrolls posted their 21st straight rise on year in April amid labor shortages at hotels, restaurants and telecommunications firms while the unemployment rate was unchanged at 2.6% for the […]