The typical/expected market impact of this event is low.
The consensus forecast for Machinery Orders (YoY) is 4.8%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.
The most recent announced value for Machinery Orders (YoY) was 4.9% against a forecast of 5.4%.
Other recent announcements which may affect the market's interpretation of the next Machinery Orders (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Current Account n.s.a. | Bullish change | ¥2684.3B | ¥3775.8B | ||
Labor Cash Earnings (YoY) | Bearish change | 4.1% | 1.5% | ||
Unemployment Rate | Bearish change | 2.3% | 2.6% |
Country: | Japan |
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Currency: | JPY |
Source: | Japanese Cabinet Office |
Category: | Economic Activity |
Frequency: | Monthly |