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Data released by Japan's Cabinet Office. An indicator for capex to come down the pipeline, in around 6 to 9 months
7.6 % m/m
- expected 9.7% m/m, prior -18.3%
4.5% y/y
- expected 5.0% , prior -7.0%
Misses for both.
Japan govmt says:
- signs recovery in machinery orders is stalling
This was out a while ago (2350GMT) but swamped by the Trump/Huawei news
