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👤Xinyang
🕔October 11, 2016
News Event
From Trading Economics: Machinery orders in Japan fell 2.2 percent month-on-month in August of 2016, following a 4.9 percent growth in July while market expected a 5.5 percent fall. It was the first drop since May as orders from manufacturing sector declined by 4.0 percent, followed by those from non-manufacturing (-1.9 percent).…
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Japanese Core Machinery Posts Pleasant Surprise
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👤Nurudeen Amedu
🕔September 12, 2016
The Japanese economy today received a pleasant surprise when their core machinery orders rose above expectations for the month of July, this is an early sign that a rise in demand was boosting the rate of corporate spending. Data released by the Cabinet office today revealed that the core machinery orders which has proven to be volatile in recent times and has also been termed “the indicator of mid-term capital spending”, grew for the month of July by a seasonally adjusted 4.9% after a higher growth of 8.3% in June.…
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