Japan data - July Machinery Orders -1.1% m/m (expected -0.9%)Core machinery orders data is a highly volatile series used as a leading indicator of capital spending in the coming six to nine months.
The data point has minimal impact only on FX rates upon release. If at all.
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Japan data - July Machinery Orders -1.1% m/m (expected -0.9%) (https://www.forexlive.com/news/japan-data-july-machinery-orders-11-mm-expected-09-20230913/)
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