Japan Core Machinery Orders fell expectedly in November

• November Core Machinery Orders -11.3 % m/m (expectations +0.2 %) from – 4.5 % the previous month
• November Core Machinery Orders -20.5 % y/y (expectations -10.2 %)
• December CGPI + 0.1 % m/m (expectations flat) from + 0.1 % in November
• December CGPI – 3.9 % y/y (as expected) from -4.9 % in November

Dollar yen higher at 91.46/49.

CGPI = Corporate Goods Price Index