The data point is a capex indicator for Japan in the 6 to 9 months ahead
Core Machinery Orders for November +18.0% m/m … HUGE BEAT
expected +2.9%, prior -6.0% m/m
+5.3 % y/y ditto
expected -5.3%, prior -6.1% y/y
That m/m - yowza, huge. Its the first m/m rise in 5 months and what a jump!
more to come