At 2350GMT:

  • December Tertiary Industry index m/m, expected is -0.3%, prior was +0.6%
  • Money Stock M2 for January y/y, expected is +4.2%, prior was +4.2%
  • Money Stock M3 for January y/y, expected is +3.4%, prior was +3.4%
  • January Machinery Orders m/m, expected is -4.0%, prior flat at 9.3%
  • January Machinery Orders y/y, expected is +17.4%, prior +16.6%

Later, at 0600GMT:

  • Machine tool orders (preliminary) for January: prior was +28.1% y/y

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If you look at that data due today, it may seem a little confusing … i.e. ‘Machinery orders’ (also known as Core Machinery Orders) at 2350GMT and ‘Machine tool orders’ at 0100GMT.

Not that these are two different sets of data. So, for clarity:

  • Machinery orders (Core Machinery Orders) data is from the Japan Cabinet Office, it looks at the total value of machinery orders received by 280 Japanese manufacturers
  • Machine Tool Orders data is from the Japan Machine Tool Builders’ Association