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Sunday, September 10, 2017

Japan July Machine Orders: 8.0% m/m (vs. expected 4.1%)

Core Machinery orders from Japan's Cabinet Office % m/m - expected 4.1%, prior -1.9% % y/y - expected -7.8%, prior -5.2% Volatile data point this one, all over the shop. Its used as an indicator of capex to come down the track about 6 to 9 months out.
Japan July Machine Orders: 8.0% m/m (vs. expected 4.1%)

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