Japan Core Machinery Orders for March +3.7% m/m (expected 5.0%)

Japan Core Machinery Orders for March +3.7% m/m for a miss

• expected 5.0%, prior -8.5% m/m

And -2% y/y

• expected -3.3%, prior -7.1% y/y

Used as a capex indicator for Japan in the months ahead. Its a notoriously 'lumpy' data set.