Japan - Capital spending for Q3: -1.3% y/y (expected -0.4%)

Japan - Q3 Capital spending -1.3% y/y

• expected -0.4% and prior was +3.1%
• Capex declining y/y for the first time since Q1 of 2013

Capex excluding software, -1.4% y/y

• expected -0.6%, prior +3.1%

Company profits Q3 up 11.5% y/y ... a big jump from the previous quarter

• prior -10%

Company Sales -1.5% y/y

• prior -3.5%

USD/JPY had been moving higher in the minutes preceding this data point (the acceleration began around the time of the opening of futures in Singapore)

Updates: