Japan’s core machinery orders, a leading indicator of capital spending, rose for the fourth straight month in September.
Core machinery orders rose 2.9 percent on month, above expectations for a 1.9 percent decline in a Reuters poll but slower than August’s 4.7 percent increase.
Year-on-year, machinery orders rose 7.3 percent in September, above expectations for a 1.3 percent decline.
The above-view data failed to boost Japanese equities, however; Japan’s benchmark Nikkei 225 opened 0.1 percent lower shortly after the data.
via CNBC 
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