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Japan's Machine Orders Contract

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 11, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Machinery orders, considered a proxy for future business investment, contracted on both a monthly and early basis for February. Core machinery orders for Japan fell 9.2% on the month, its first and fastest contraction in three months. It failed to live up to the hype of last month's headline expansion[​IMG]

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