Japan data – July Machinery Orders -1.1% m/m (expected -0.9%)

<p>Core machinery orders data is a highly volatile series used as a leading indicator of capital spending in the coming six to nine months.</p><p>The data point has minimal impact only on FX rates upon release. If at all. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.