Japan machinery orders +4.9% y/y (expected +5.4%) ...Middle East

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-4.6% m/m

expected -1.7%, prior 3.0%

expected +5.4%, prior +7.6%

The y/y headline flattered the data, that m/m is terrible.

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

Bank of Japan meeting begins today, rates expected to kept on hold - Nikkei report This article was written by Eamonn Sheridan at investinglive.com.

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