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Japan data – May Core Machinery Orders -5.6% m/m (expected -5.5%)

Japanese machinery orders data for back in May.

  • this is a volatile data set
  • its used to give indications to business capex 6 to 9 months out

This
snapshot from the ForexLive economic data calendar,
access
it here
.

  • The
    times in the left-most column are GMT.
  • The
    numbers in the right-most column are the ‘prior’ (previous month)
    result. The number in the column next to that, where is a number, is
    the consensus median expected.

The results are -5.6% m/m and -7.4% y/y, as can be seen in our calendar.

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