This is the JAPAN flash manufacturing PMI – the China data is up at 0145GMT.
Markit/JMMA Manufacturing PMI for December, FLASH:
- prior was 52.0
Amy Brownbill, Economist at Markit:
- “Operating conditions in the Japanese manufacturing sector continued to improve in December, with new orders and output remaining in solid growth territory.
- Furthermore, the pace of job creation accelerated to the fastest since April. Meanwhile, with the falling yen/dollar rate, input prices continued to rise at a sharp pace.
- “The short-term outlook appears broadly positive, although there is some uncertainty with the December general elections taking place.”
USD/JPY is very little changed on the release of a marginally better PMI on the month (for the flash, at any rate)