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FX Markets Stabilise Pre-FOMC Minutes

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 9, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Japan's current account surplus narrowed less-than-expected in August from ¥1,808.6bn to ¥1,653.1bn (versus ¥1,226bn expected). Machinery orders (considered as proxy for capital expenditure) fell 5.7%m/m in August, well below market expectations for an increase of 2.3%m/m and the previous month's contraction of 3.6%m/m. Recent data continues to suggest that the[​IMG]

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