Japan data- Machine orders for June

-7.9 % m/m,

  • expected -4.8%, prior was +0.6%

+16.6 % y/y,

  • expected +17.6%, prior was +19.3%

Q2 core machinery orders were +2.9% q/q

  • Q3 core machinery orders forecast to rise 0.3% q/q

The machinery orders data is a guide to private capital expenditure ... the pullback we've seen this month is from a near 1.5 year high last month.


International Transactions in Securities also out:

  • Japan Buying Foreign Bonds, Y 124.4B
  • Japan Buying Foreign Stocks, Y -14.5B
  • Foreign Buying Japan Bonds, Y 819.2B
  • Foreign Buying Japan Stocks, Y 357.3B