Japan knowledge: February Core Equipment Orders +1.5% y/y (anticipated -Zero.9%, prior +four.four%)
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Japan knowledge:
February Core Equipment Orders +1.5% y/y (anticipated -Zero.9%, prior +four.four%)
- +four.Three% m/m (anticipated +1.2%, prior -Three.5%
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The core equipment orders knowledge is a extremely risky sequence
- its used as a number one indicator of capital spending within the coming six to 9 months
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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