Japan Machine Tool Orders (YoY)

Japan Machine Tool Orders (YoY)

The Machine Tool Orders released by the Japan Machine Tool Builders'' Association shows movements in tool orders by manufacturers. It indicates business conditions and the overall economic condition in Japan. Generally speaking, if a large number of tool 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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