Japan data, Core Machinery Orders for May 2025
+4.4% y/y
expected +3.4%, prior +6.6%
-0.6% m/m
expected -1.4%, prior -9.1%
These data are a leading indicator of capital spending in the coming six to nine months. It’s a volatile data set.
This article was written by Eamonn Sheridan at www.forexlive.com.