Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The typical/expected market impact of this event is low.
There is no forecast value for Machinery Orders (YoY) yet - check back for updates.
The most recent announced value for Machinery Orders (YoY) was 16.8% against a forecast of 3.9%.
Recent economic data has been moderately bullish for JPY. Other recent announcements which may affect the market's interpretation of the next Machinery Orders (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (QoQ) | Bullish change | 0.1% | 0.3% | ||
| Gross Domestic Product Annualized | Bullish change | 0.2% | 1.3% | ||
| Gross Domestic Product Deflator (YoY) | (no change) | 3.4% | 3.4% | ||
| Current Account n.s.a. | Bearish change | ¥7288B | ¥941.6B | ||
| Labor Cash Earnings (YoY) | Bullish change | 2.4% | 3% | ||
| Unemployment Rate | Bearish change | 2.6% | 2.7% |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Japanese Cabinet Office |
| Category: | Economic Activity |
| Frequency: | Monthly |