Japanese trade data and machine orders are mixed. USD/JPY is unmoved upon the release though.
A Japanese official noted that the country's exports to China fell for the 11th consecutive month.
![Japan data October 2023](https://images.forexlive.com/images/Japan%20data%20October%202023_id_9a0d0772-e0b9-4151-81d4-f7ae0b68183d_size900.jpg)
Core machinery orders data is a highly volatile series used as a leading indicator of capital spending in the coming six to nine months.
The m/m rise above expectations is encouraging, but as noted, it's a volatile series.