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Japan's manufacturing industry under pressure

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events Japan Manufacturing PMI shrinks (by Yann Quelenn) Difficulties continue for Japan as the preliminary data for the Nikkei Japan PMI Manufacturing fell to 49.1 for March from 50.1 a month earlier. It is now below the 50-point mark which separates contraction from expansion. Manufacturing activity has not shrunk in almost a year, however, new export orders, having declined strongly to 45.9 from 49.0, are largely responsible for Japan’s manufacturing weakness and this should

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