July 11, 2024 at 12:50AM
Japanese Machinery Orders for May 2024, the m/m is a disappointment but the y/y is more encouraging.
more to come
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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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