Japan data sees Machine orders decline, Bank Lending contracts

Japan saw a healthy data dump in the early Thursday trading session, covering a range of low- and mid-tier data from foreign bond investment to machine orders in September.

Key highlights

  • Annualized Bank Lending into October fell to 2.2% versus the expected 2.4% (previous 2.3%).
  • Foreign investment in stocks rebounded to ¥107.6 billion after declining by ¥-356.9 billion, while Foreign bond investment from January 4th recovered to a still-contracting reading ot ¥-167.3 billion (previous ¥-1.075 trillion).
  • Japan's non-seasonally adjusted Current Account for September held relatively steady at ¥1.82 trillion (last ¥1.83 trillion).
  • Annualized Machinery Orders into September fell sharply by -7% versus the expected 7.7% (previous 12.6%, while the m/m orders fell by a sharp -18.3% (forecast -10%, last 6.8%).

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.