Japan Core Machinery Orders for July come in at up 6.3% m/m
expected 2.0%, prior -7.6% m/m
and -16.2% y/y
expected -18.1%, prior -22.5% 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.