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Japan's Core Machinery Orders Increase In January

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 14, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Japan's core machinery orders advanced in January, driven by large orders from the steel industry despite lingering concerns about China's economic slowdown. Core machinery orders, which strip out ships and utility items, surged 15.0% month-on-month in January, according to Japan's Cabinet Office, much stronger than the 2.0% gain forecast by[​IMG]

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