Japan Core Machinery Orders for July: +6.3% m/m (vs. expected 2.0%)


Japan Core Machinery Orders for July come in at up 6.3% m/m

and -16.2% y/y 
The data is used as an indicator to capex in Japan for around 6 to 9 months ahead. 

Yen is barely responsive. Aisa FX should pick up a little in the next hour or so. 

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