And a string of other data

  • Trade balance prior JPY 318B
  • Current Account n.s.a. Sep : 2.271 JPY B vs JPY 2.375B expected, prior JPY 2.380B
  • Machinery Orders YoY Sep : -3.5  % vs 1.9% expected, prior 4.4%
  • Machinery Orders MoM Sep : -8.1 % vs -1.8% expected, prior 3.4%
  • Japan Bank lending Change YoY Sep : 2.8  % vs 3% expected , prior 3%
  • VERY weak Machinery orders and Lending changes
  • USDJPY barely moves at 113.90
  • Yet TOPIX hitting highest since 1991 , Nikkei moving above 23000 !

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

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