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Japan's Core Machinery Orders Surprisingly Rise

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Japan's core machinery orders increased more than expected in March but firms predict orders to drop in the current quarter as companies become increasingly cautious due to a surging Japanese Yen and weakness in overseas economies. Core orders, a leading indicator of business investment, surged 5.5% from the previous month,[​IMG]

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