Latest data released by the Japanese Machine Tool Builders' Association - 13 February 2018
- Prior reading +48.3% y/y
The reading measures the change in total value of new orders placed with Japanese machine tool manufacturers.
Data released earlier than expected. But it's a minor data point anyway. In other Japanese related news, the Nikkei is extending losses into the close - now down 0.75%. USD/JPY still trading near the lows of the day at 108.28.
--
Savage crash - RIP Cryptocurrencies? Five insights from the ASAC Fund.
