Core machinery orders. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), Japan will publish April data on core orders in machinery. The indicator records monthly changes in the volume of output in the sector, while excluding goods for shipbuilding and utilities. It may adjust from 13.0% to –9.6% MoM, and from 8.4% to 4.0% YoY, putting pressure on the yen.

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