Japan core machine orders for January 2025:

+4.4% y/y

• expected +6.9%, prior +4.3%

For the m/m, a drop of 3.5%

• expected -0.1%, prior -1.2%

These data are a leading indicator of capital spending in the coming six to nine months. It’s a volatile data set.

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The Bank of Japan statement is due later, on hold is expected:

• Economic calendar in Asia Wednesday, March 19, 2025 – Bank of Japan Day!

This article was written by Eamonn Sheridan at www.forexlive.com.

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