At 2350GMT:
- October Machinery Orders m/m, expected is +0.7%, prior -2.1%
- October Machinery Orders y/y, expected is +15%, prior +11.4%
- Domestic CGPI m/m for November: expected 0.1%, prior -0.1%
- Domestic CGPI y/y: expected 2.7%, prior 2.5%. The Corporate Goods Price Index measures the price movement of domestically-produced and domestically-used goods with sample prices, collected either from the producer or wholesaler of these goods
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EUR/JPY had a hard time getting above 142.10 in Asia yesterday, and didn’t make much progress in the overnight either. Initial support 140.90/141.00, resistance 142.15:
Bloomberg chart
