Italy Government To Issue ‘Gloomy’ Fiscal Outlook, Downgrade Growth Target, Say EU Aid ‘Not Enough’ – Sources
By Silvia Marchetti ROME (MaceNews) – Rome’s government is expected to clear a “gloomy” fiscal document by April 10 as the pandemic outlook remains uncertain and European aid might not be enough to kickstart the recovery, according to ruling coalition sources. Premier Mario Draghi’s new cabinet will likely downgrade the growth target for this year […]
Japan Feb Household Spending Slumps Y/Y As Govt Extends COVID Restrictions
By Max Sato — Feb’s Sharp Drop Also In Reaction To Leap-Year Booster Effect on Feb 2020 (MaceNews) – Japan’s household spending remained below year-earlier levels for the third straight month in February as the government maintained restrictions on economic activity in major cities to fight the pandemic, data released Tuesday by the Ministry of […]
Tuesday Washington Schedules From MaceNews
WASHINGTON (MaceNews) – The following are Tuesday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTUESDAY, APRIL 6, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will […]
Monday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Monday public schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House The White House DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, APRIL 5, 2021 In the morning, the President will return from Camp David to the White House. The […]
SATURDAY/SUNDAY WASHINGTON SCHEDULES FROM MaceNews
WASHINGTON (MaceNews) – The following are Saturday and Sunday’s public schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House WEEKEND GUIDANCE AND PRESS SCHEDULE FORSATURDAY, APRIL 3, 2021 AND SUNDAY, APRIL 4, 2021 On Saturday and Sunday, the President, AT Camp David, has no […]
Data Preview: But First, March Payrolls Were Strong – and Irrelevant for the Long Haul – As ‘Benchmark Effect’ Skews Perceptions
WASHINGTON (MaceNews) – The next steps for the U.S. economy and the monetary policy that nurtures and sustains it beyond Friday’s strong jobs report are the same as before the report, a long slog of many more such reports before the recovery approaches, re-employment becomes new employment and rates edge up to normal. The phase […]
Friday Washington Schedules from Mace News
WASHINGTON (MaceNews) – The following are Friday’s schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events The White House DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, APRIL 2, 2021 In the morning, the President will receive the President’s Daily Brief in the Oval Office. This meeting will be […]
Strong Recovery Demand Masking US Supply Chain Crisis as Wht Hse Fixes Lag
WASHINGTON (MaceNews) – The day’s ISM report on manufacturing focused on supply-chain blockages that will continue into the late summer with the White House effort to diagnose the problem lagging. The Institute for Supply Management’s report showed manufacturing momentum powered up in March, with the index coming in considerably above expectations at 64.7. The new […]
BOJ Mar Tankan Business Sentiment Up But Many Cautious Ahead – Corrected
By Max Sato — Companies Plan More Active Capex in FY’21 Vs FY’20— Firms Assume Dollar/Yen To Fall Slightly in FY21, Euro/Yen To Rise (MaceNews) – Japanese firms in many industries reported their sentiment improved in March from three months earlier, thanks to a pickup in global and domestic demand on hopes that vaccines will […]
Thursday Washington Schedules from MaceNews
WASHINGTON (MaceNews)– The following are Thursday’s schedules for the White House, Treasury, the Capitol and for upcoming economic data and Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, APRIL 1, 2021 In the morning, the President and the Vice President will receive the President’s Daily Brief in the Oval Office. This […]