Japan Core Machinery Orders for June: -7.6% m/m (expected 2.0%)
Japan Core Machinery Orders for June -7.6% m/m
- expected 2.0%, prior 1.7%
-22.5 % y/y
- expected -17.5%, prior -16.3% y/y
Along with the data the government says it has cut its assessment on machinery orders, says they are declining (which is what the data is saying, yes).
Yen has shown a little strength on the session so far, USD/JPY has dropped under its US timezone lows.