We had some mixed data from Japan yesterday. From back in March, a nice positive surprise:
Japan machinery orders surge, +13% m/m (expected -1.6%)
And as an early sign for May, not so good, it’ll be the 11th consecutive month of contraction in the manufacturing PMI if the final reading confirms:
Japan flash May manufacturing PMI 49.0 (prior 48.7)
Today we get CPI data
This snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are GMT.The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
This article was written by Eamonn Sheridan at www.forexlive.com.