Forex
globalreutersJuly 10, 20241 Mins read
Japan Core Machinery Orders (May 2024) -3.2% m/m (vs. expected +0.8%)
globalreutersJuly 10, 20241 Mins read Japanese Machinery Orders for May 2024, the m/m is a disappointment but the y/y is more encouraging.
more to come
—
The core machinery orders data is a highly volatile series
- its used as a leading indicator of capital spending in the coming six to nine months
This article was written by Eamonn Sheridan at www.forexlive.com.
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