Japan core machinery orders slump in May

ForexNewsNow | Published on July 7, 2010 at 5:21 pm

Forex broker reviews

forex analysis global forex forex tips FX newsNEW YORK (Forex News Now) – Core Japanese machinery orders in May dropped from a month earlier further than forecast, official data showed on Thursday, in a major FX news event.

According to Japan’s Cabinet Office, purchase orders placed with Japanese manufacturers for machines, excluding ships and utilities, slumped 9.1 percent during the month, after a rise of 4 percent in April.

Global forex analysts had expected a slighter decline of 3 percent in May, two major financial news outlets reported.

Comments

Subscribe

Sign up for our Newsletter

Top Forex Brokers

CySEC/FSA Regulated
$5 Min. Deposit
5 Trading Platforms
$2000 Deposit Bonus
No Commissions
Multilanguage Support
US traders accepted
Intuitive trading platform
Free no deposit bonus
Mobile trading

Binary Options Video