Machine Tool Orders. Japan, 08:00 (GMT+2)

At 08:00 (GMT+2) data on the volume of Machine Tool Orders of Japan will be published. The indicator reflects the change in the volume of orders for the production of machine-building equipment, which is one of the main items of Japanese exports. The growth of the indicator indicates the expansion of production and supports the increase in Gross Domestic Product (GDP). The negative dynamics is predicted to slow down from -22.2% to -21.7%, which may still put pressure on the positions of the yen.

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