Forex
globalreutersApril 15, 20241 Mins read
Japanese machinery orders beat expectations for February, a good sign for capex ahead
globalreutersApril 15, 20241 Mins read Japanese Machinery Orders for February 2024 +7.7% m/m
- expected +0.8%, prior -1.7%
For the y/y -1.8%
- expected -6.0%, prior -10.9%
***
The orders data is a highly volatile data series. Its seen 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.
Related Articles
China to channel “hundreds of billions of yuan” annually from insurers into equities
China has unveiled a major initiative to channel hundreds of billions of...
USD/INR trades with mild gains amid further foreign outflows
The Indian Rupee (INR) edges lower on Thursday. The continued selling by...
Bank of England Financial Policy Committee External Member Carolyn Wilkins speaks Thursday
1000 GMT / 0500 US Eastern time - Bank of England Financial...
Japanese Yen hangs near one-week low against USD; focus remains on BoJ meeting
The Japanese Yen (JPY) edges higher during the Asian session on Thursday...
Leave a comment