CURRENCY INVESTORS Japanese machine tool orders climbed in June

Japan Machinery Orders  | Data | Chart | Calendar | Forecast

CURRENCY INVESTORS Japanese machine tool orders  Core machinery orders in Japan, which exclude those of ships and electrical equipment, unexpectedly declined by 3.6 percent month-over-month in May of 2017, following a 3.1 percent drop in the prior month and missing markets consensus of a 1.7 percent rise. It was the second straight month of fall in core orders and the fastest since August 2016, as non-manufacturing orders fell further (-5.1 percent from -5.0 percent in April), due to communications (-29.5 percent), construction (-25.3 percent) and transport and postal activities (-21.7 percent). Meantime, manufacturing orders went up at a slower pace (1.0 percent from 2.5 percent), as orders rose less for business oriented machinery, electrical machinery (3.3 percent from 18.0 percent), information and communication electronics (17.9 percent from 34.9 percent) and other manufacturing (15.7 percent from 12.5 percent). Year-on-year, machinery orders rose 0.6 percent, much slower than a 2.7 percent growth in April. Machinery Orders in Japan averaged 0.28 percent from 1987 until 2017, reaching an all time high of 25.50 percent in October of 1996 and a record low of -15.80 percent in October of 1992.



Japanese machine tool orders

Japan Machinery Orders

In Japan, Machinery Orders refers to the month-over-month change of the private sector machinery orders, excluding volatile ones for ships and those from electric power companies. This page provides the latest reported value for – Japan Machinery Orders – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Machinery Orders – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
-3.60 -3.10 25.50 -15.80 1987 – 2017 percent Monthly
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Japanese machinery orders advanced more than expected in June

Japanese machine tool orders climbed in June

Japan Machinery Orders | Data | Chart | Calendar | Forecast

FOREX INVESTORS  machine tool orders climbed Core machinery orders in Japan, which exclude those of ships and electrical equipment, unexpectedly declined by 3.6 percent month-over-month in May of 2017, following a 3.1 percent drop in the prior month and missing markets consensus of a 1.7 percent rise. It was the second straight month of fall in core orders and the fastest since August 2016, as non-manufacturing orders fell further (-5.1 percent from -5.0 percent in April), due to communications (-29.5 percent), construction (-25.3 percent) and transport and postal activities (-21.7 percent). Meantime, manufacturing orders went up at a slower pace (1.0 percent from 2.5 percent), as orders rose less for business oriented machinery, electrical machinery (3.3 percent from 18.0 percent), information and communication electronics (17.9 percent from 34.9 percent) and other manufacturing (15.7 percent from 12.5 percent). Year-on-year, machinery orders rose 0.6 percent, much slower than a 2.7 percent growth in April. Machinery Orders in Japan averaged 0.28 percent from 1987 until 2017, reaching an all time high of 25.50 percent in October of 1996 and a record low of -15.80 percent in October of 1992.



machine tool orders climbed

Japan Machinery Orders

In Japan, Machinery Orders refers to the month-over-month change of the private sector machinery orders, excluding volatile ones for ships and those from electric power companies. This page provides the latest reported value for – Japan Machinery Orders – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Machinery Orders – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
-3.60 -3.10 25.50 -15.80 1987 – 2017 percent Monthly
SA

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)



Japanese machinery orders surprisingly climbed in July

Japanese machine tool orders rose in May

Japan Machinery Orders | Data | Chart | Calendar | Forecast

BUZ INVESTORS machine tool orders rose  Core machinery orders in Japan, which exclude those of ships and electrical equipment, declined by 3.1 percent month-over-month in April of 2017, following a 1.4 percent increase in March while markets expected a 1.3 percent decline. It was the first drop in core orders since January, mainly due to a faster fall in non-manufacturing orders (-5 percent from -3.9 percent in the prior month), due to real estate (-51.3 percent) and finance & insurance (-38.5 percent). In contrast, manufacturing orders went up at a faster 2.5 percent (0.6 percent in March), driven by textile mill products (93.5 percent). Year-on-year, machinery orders rose 2.7 percent, rebounding from a 0.7 percent fall in March. Machinery Orders in Japan averaged 0.28 percent from 1987 until 2017, reaching an all time high of 25.50 percent in October of 1996 and a record low of -15.80 percent in October of 1992.




machine tool orders rose

Japan Machinery Orders

In Japan, Machinery Orders refers to the month-over-month change of the private sector machinery orders, excluding volatile ones for ships and those from electric power companies. This page provides the latest reported value for – Japan Machinery Orders – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Machinery Orders – actual data, historical chart and calendar of releases – was last updated on June of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
-3.10 1.40 25.50 -15.80 1987 – 2017 percent Monthly
SA

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BUZ INVESTORS Japanese machine tool orders Japan's core machinery orders, which exclude those of ships and electrical equipment, rose 1.5 percent month-over-month in February of 2017, following a 3.2 percent drop in January

Japanese machine tool orders registered a rise in March

Japan Machinery Orders  Data | Chart | Calendar | Forecast


source: tradingeconomics.com
BUZ INVESTORS Japanese machine tool orders  Japan’s core machinery orders, which exclude those of ships and electrical equipment, rose 1.5 percent month-over-month in February of 2017, following a 3.2 percent drop in January but below market consensus of a 3.7 percent rise. Orders for manufacturing surged 6.0 percent, compared to a 10.8 percent fall in a month earlier, mainly due to rises in pulp, paper (533.9 percent), foods & beverages (76.6 percent) and textile mill products (24.2 percent). Orders for non-manufacturing rose 1.8 percent, faster than a 0.7 percent growth in the previous period. Year-on-year, machinery orders increased by 5.6 percent, recovering from a 8.2 percent drop in February and beating estimates of a 2.5 percent rise. Machinery Orders in Japan averaged 0.28 percent from 1987 until 2017, reaching an all time high of 25.50 percent in October of 1996 and a record low of -15.80 percent in October of 1992.



Japanese machine tool orders

In Japan, Machinery Orders refers to the month-over-month change of the private sector machinery orders, excluding volatile ones for ships and those from electric power companies. This page provides the latest reported value for – Japan Machinery Orders – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Machinery Orders – actual data, historical chart and calendar of releases – was last updated on April of 2017.

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USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports

USDJPY Japanese Yen Inches Back After PPI, Machine Order Data

Japanese Yen Inches Back After PPI, Machine Order Data

USDJPYBuz Investors Japanese Yen Inches Back Japanese producer prices matched expectations in February •They were higher compared to the previous month but still pretty weak •The Yen slipped,

Buz Investors  Japanese Yen Inches Back Japanese producer prices matched expectations in February •They were higher compared to the previous month but still pretty weak •The Yen slipped, but feeble machine-order data were probably more to blame The Japanese Yen weakened slightly against the US Dollar on Monday, despite the release of wholesale price data which matched expectations. The official Japanese Corporate Goods Price Index (CGPI) rose 0.2% on the month in February, exactly as expected but below January’s 0.6% gain. Compared to February, 2016, however, factory gate prices were up 1%. This was as expected but much stronger than the previous month’s 0.5% rise



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 Japanese Yen Inches Back

The Japanese currency started to weaken about ten minutes before the release and continued to do so after it. USD/JPY climbed to 114.88 from 114.66. Of course, these gains were marginal. The markets are fixated on Wednesday’s monetary policy decision from the US Federal Reserve which is widely expected to produce an interest rate rise following last week’s strong employment data. But market heroics may be scant before we see the Fed’s hand.

 




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Buz Investors Japan's machine tool orders increased significantly in December, data released by the Japan Machine Tool Builders' Association (JMTBA) showed Wednesday. The value of orders for machine tools climbed 28 percent annually to 1116.98 billion yen in December. Demand in the domestic market advanced 41.6 percent, and export demand rose by 21.9 percent.

Japanese machine tool orders climbed in December

Japanese machine tool orders climbed in December

  • Buz Investors Japan’s machine tool orders increased significantly in December, data released by the Japan Machine Tool Builders‘ Association (JMTBA) showed Wednesday.
  • The value of orders for machine tools climbed 28 percent annually to 1116.98 billion yen in December. Demand in the domestic market advanced 41.6 percent, and export demand rose by 21.9 percent.
  • In the whole of 2013, machine tool orders decreased 7.9 percent from the prior year. Driving the downturn, export orders fell 14.4 percent, which was partially offset by a 6.6 percent gain in domestic demand.




Japan’s machine tool orders

Buz Investors Japan's machine tool orders increased significantly in December, data released by the Japan Machine Tool Builders' Association <span data-recalc-dims=(JMTBA) showed Wednesday. The value of orders for machine tools climbed 28 percent annually to 1116.98 billion yen in December. Demand in the domestic market advanced 41.6 percent, and export demand rose by 21.9 percent." width="300" height="200" srcset="https://i2.wp.com/investorsbuz.com/wp-content/uploads/2017/01/close-up-of-japan-s-flag-46421528_Small.resized.jpg?resize=300%2C200 300w, https://i2.wp.com/investorsbuz.com/wp-content/uploads/2017/01/close-up-of-japan-s-flag-46421528_Small.resized.jpg?w=640 640w" sizes="(max-width: 300px) 100vw, 300px" />

Japanese machine tool orders, a leading indicator of capex, surged 28% on year in December after climbing 15.4% in November.

Domestic demand rose 41.6% and foreign bookings 21.9%.

For 2013, machine tool orders dropped 7.9%, due to a 14.4% fall in exports, although domestic bookings rose 6.6%.

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Japan’s machine tool orders

The Nikkei gained 2.5% following a slump of 3.1% yesterday, with the mood brightened by a better-than-expected U.S. retail sales report.

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Japanese machine tool orders dropped in September

Japanese machine tool orders dropped in September

Japanese machine tool orders dropped in September

  • Buz Investors  machine tool orders dropped The preliminary machine tool orders in Japan slid 6.30% in September on an annual basis. In the previous month, machine tool orders had registered a drop of 8.40%.
  • Cabinet Office data on Wednesday showed core machinery orders, a highly volatile data series regarded as an indricator of capital spending in the coming six to nine months, fell 2.2 percent in August from the previous month.
  • That fall was much smaller than the 5.5 percent decline expected by a Reuters poll of economists, following a 4.9 percent increase in July.

 machine tool orders dropped suggesting firmer capex

Japanese machine tool orders dropped in September

machine tool orders dropped  Japanese policymakers are counting on capital spending to foster sustainable growth in the world’s third largest economy, but businesses have been slow to invest in the face of sluggish demand, the yen’s gains and external headwinds.

Capital expenditure has recently shown some signs of a pickup as demand for smartphones has kept the information and technology sector humming, although some analysts doubt it is sustainable.

“Capital spending is holding firm although it is not so strong as being a driver of GDP growth,” said Yuichiro Nagai, economist at Barclays Securities.

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“The risk would be a spike in the yen beyond 100 to the dollar, which would discourage manufacturers to invest.”

In August, manufacturers’ orders fell 4.0 percent, dragged down by sectors such as steel and chemicals, while the services sector’s orders declined by 1.9 percent, weighed by weak demand from the communications and agriculture sectors.

The Cabinet Office maintained its assessment of machinery orders, saying a pickup was seen, with an official saying that the core orders would rise 8.5 percent in the third quarter even if they turn flat in September.

Japanese machine tool orders fell in August

Japanese machine tool orders fell in August

Japanese machine tool orders fell in August

  • Buz Traders Japanese machine tool orders In Japan, the final machine tool orders dropped 8.40% in August, on a YoY basis. In the previous month, machine tool orders had dropped 19.70%. The preliminary figures had also recorded a fall of 8.40%.
  • For the first time in four months, the figure ran below the benchmark of 100 billion yen.
  • Domestic orders shrank 9.7% on the year to 43.1 billion yen, as tail winds from investment subsidies for small to midsize businesses diminished.

Japanese machine tool orders 

Japanese machine tool orders fell in August

Japanese machine tool ordersThe impact of subsidies is shrinking, and domestic demand is stagnating,” said machine tool maker OKK. Another manufacturer, Okuma, noted: “Beginning in July, customers became more careful about capital investments.”

Exports dropped 7.3% to 54.97 billion yen. Demand from US automakers and Asia’s information technology sector declined, according to Makino Milling Machine.

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The machine tool association adjusted its 2016 order projection downward by 16% to 1.3 trillion yen. Monthly orders from August of 112.9 billion yen would have been needed to achieve the initial projection. August typically records lower orders than other months, since it has many holidays. That being said, the outlook for the industry remains uncertain.

“Besides exhibitions in the fall, there aren’t many factors in Japan to give the industry a boost. Demand in the U.S. may also drop,” said DMG Mori President Masahiko Mori, echoing the dreary forecast.

Japanese machine tool orders eased in July

Japanese machine tool orders eased in July

Japanese machine tool orders eased in July

Japanese machine tool orders eased in July

On an annual basis, the final machine tool orders fell 19.70% in Japan, in July. In the prior month, machine tool orders had recorded a drop of 19.90%. The preliminary figures had indicated a fall of 19.60%.

Machine tool orders in Japan witnessed decline for the 12th straight month in a row in July, a worrying state for the country’s manufacturing sector that suffers the pessimism of global demand in recent times.

The preliminary reading for orders in July showed they fell 19.6 per cent year-on-year, according to data from an industry body. This brings the consecutive run of decreases to a full year. There had been a 19.9 per cent slump in June.

However, corporate activity also improved for the first time in four months, by 3.2 points, having previously worsened after peaking in March. The construction sector continued to see firm orders. Respondents expressed expectations for a recovery in orders in some other sectors as market volatility eases after the UK Brexit vote.

Machinery orders are likely to weaken ahead rather than recover. The ill-effects of a rising yen in the wake of Brexit are expected to emerge from now on,” said Koya Miyamae, senior economist at SMBC Nikko Securities. “There are few factors that would make us optimistic about the outlook for machinery orders and capital spending.”

Orders from overseas, which are not included in core orders, dropped 14.8 percent in May from the previous month, down for a second straight month and reflecting falling orders for industrial machinery, trucks and other vehicles, officials said.

Policymakers are in a bind, with companies hesitant to boost investment as they struggle with a weak economy and a strong currency, while the Bank of Japan’s adoption of negative rates failed to convince companies to invest more.