Japan data: December Core Machine Orders +4.2% m/m (expected 4.4%)

Japan: December Core Machine Orders

+4.2% for the m/m

• expected 4.4%, prior was -14.4%

-3.6% y/y

• expected -2.8%, prior +1.2%

In addition to the m/m boost, companies say they expect orders to gain further, by 8.6% in January-March quarter