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
![Japan flash PMI 16 December 2014](http://az705044.vo.msecnd.net/20141216/Japan-flash-PMI-16-December-2014.png)
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.”
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USD/JPY is very little changed on the release of a marginally better PMI on the month (for the flash, at any rate)