Japan core machine orders for January 2025:

+4.4% y/y

  • expected +6.9%, prior +4.3%

For the m/m, a drop of 3.5%

  • expected -0.1%, prior -1.2%

These data are a leading indicator of capital spending in the coming six to nine months. It's a volatile data set.

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The Bank of Japan statement is due later, on hold is expected:

BoJ
Source: Forex Live