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Japan's Core Machinery Orders Bounce Back In December Despite Worries Over Global Economy

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 17, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Japan's core machinery orders rebounded in December, despite mounting uncertainty over the global economy. Machinery orders excluding ships and utility items jumped to a seasonally-adjusted 4.2% on month in December, according to the Cabinet Office, following a massive plunge of 14.4% a month earlier. Analysts predicted machinery orders to surge[​IMG]

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