Japan Machine Tool Orders YoY

Info

History

Chart

Impact:

Low

Next Release:

Date:

Period: Jun

What Does It Measure?

Japan Machine Tool Orders YoY measures the total value of new orders received by machine tool manufacturers in Japan, serving as an indicator of industrial demand and production trends. It primarily focuses on assessing trends in manufacturing investment, which is crucial for evaluating economic activity and future growth potential on a national scale.

Frequency

This report is released monthly, typically around the end of each month, providing a preliminary estimate of orders placed in the preceding month.

Why Do Traders Care?

Traders monitor this indicator closely as it reflects manufacturing sector health, directly impacting economic forecasts and investment decisions. Strong results generally lead to a bullish sentiment for the Japanese yen and equities, while weaker results can drag down market confidence and asset values.

What Is It Derived From?

Japan Machine Tool Orders YoY is derived from survey data collected from machine tool manufacturers throughout Japan, encompassing the value of orders received, which is reported monthly. The data is compiled by the Japan Machine Tool Builders' Association, and the resulting figures are a critical measure of productivity and investment trends in the manufacturing sector.

Description

Preliminary reports on machine tool orders offer an early snapshot of the sector's activity based on timely order data but may be revised in later releases to reflect more accurate economic conditions. This indicator is typically reported in Year-over-Year (YoY) format to illustrate long-term trends by comparing current orders to the same month in the previous year, effectively filtering out seasonal fluctuations.

Additional Notes

Japan Machine Tool Orders serve as a leading economic measure, providing insights into future manufacturing output and business investment intentions. This indicator plays a vital role in understanding broader economic trends in Japan and how they may influence similar indicators across regional markets globally.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for JPY, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Time	Actual	Forecast	Previous	Surprise