Thursday, June 7, 2007

Yen falls on weak data

(Reuters) - Japan's core machinery orders, a highly volatile figure regarded as a leading gauge of capital spending, rose 2.2 percent in April from the previous month, government data showed on Friday. That was below forecasts for a 4.5 percent increase.




Still, few analysts thought the machinery data would affect monetary policy decisions by the Bank of Japan.


Read more at Reuters.com Hot Stocks News

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