Japan Core Machinery Orders

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The Core Machinery Orders released by the Cabinet Office shows movements in machinery orders. The core orders exclude orders for ships and from electric power companies, which tend to be volatile due to their huge size. It is considered as a key indicator of investment. If a large number of machinery orders come out, this may generate a positive sentiment (or bullish) for the JPY. On the other hand, a small number is seen as negative (or bearish).



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