Japan's machinery orders in December last year rate weaker than expected

Wednesday (February 12) Asian market trading, Japan data showed Japan's core <a href="http://www.magical-bridge.com"> machinery</a> orders in December weaker than expected monthly rate, hedge funds pushing up the yen, the dollar fell slightly against the yen, falling as low as 102.48, the current trading at around 102.52, 102.86 average above 21 concern, concern below yesterday's low of 102.07. The yen against other major currencies also rose slightly. 

Specific data showed Japan's core machinery orders in December reduced monthly rate of 15.7%, a record the largest decline is expected to reduce by 4.1%, the former value increased by 9.3%; Japan December core machinery orders up 6.7 percent annual rate, the expected growth of 17.6%, the previous value increase of 16.6%. 

In addition, Japan also announced the January money supply data and the December monthly rate of tertiary industry activity. Data show that the money supply in Japan increased slightly in January, Japan's tertiary industry activity in December and not expected.  Specific data showed Japan's January M3 money supply growth of 3.5% per annum; Japan January M2 money supply growth of 4.4 percent per annum, before correction for an increase of 4.3%; Japan in January, broad money grew by 4.4% per annum liquidity, before correction for an increase of 4.5%; Japan's tertiary industry activity index in December reduced monthly rate of 0.4%, the former value increased by 0.6%. 

(Source: Global network hardware)