Japan: Nomura/JMMA Manufacturing PMI falls 0.6 points in September

FXstreet.com (Córdoba) - The Nomura/JMMA Manufacturing Purchasing Manager Index reached 49.5 points in September down from a figure of 50.1 in August and falling below the neutral 50.0 threshold. This is the first deterioration since June 2009.

"Panellists reported that client demand remained weak due to heightened concerns regarding the economic outlook and the strength of the yen. The latter had a negative impact on intakes of new export business, which rose only marginally over the month, and at the slowest pace in the current sixteen-month period of expansion", said Markit Economics today.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

RELATED TOPICS