International Trade and Investment
FMI’s analysis of today’s April Advance International Trade in Goods results.
FMI’s analyses of this morning’s April Non-Manufacturing Index, April Vehicle Sales, March International Trade, and 16Q1 Productivity & Labor Costs data.
FMI’s analysis of today’s March Advance International Trade in Goods results.
Richard Katz's the Oriental Economist April 2016 issue includes reports Playing Trade Poker with Trump, Will a ‘double-election’ follow this summer - Second Tax Delay, Sad Shunto, Fiscal Straits Pit Elderly Against Children- Daycare Dilemma, and Pharaonic Construction Program - Call of the Crane.
FMI’s analyses of today’s January Personal Income & Consumption data, Second Report of 15Q4 GDP, and the January Advance International Trade in Goods results.
Key points: - In January, real (price-adjusted) exports plunged by 9% from a year ago, the most severe downturn in three years; three-month average down 5% - Declining exports are a global problem for Japan, not a China problem - Nor does it seem a problem of a global slowdown in imports, but of a Japanese loss in market share - Credit Suisse sees GDP growing just 0.4% in calendar 2016 and falling 0.1% in 2017 (latter assumes tax hike is implemented on schedule in April 2017)
FMI’s analysis of this morning’s January Employment (including a review of the Annual Payroll Benchmark) and December International Trade reports.