The decline seemed to kick in around the time of publication of data on machinery orders which is a key indicator of capital expenditure. It was well below forecast, down 12.5 percent on the month.
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This quote is just one of 9 total Russell Jones quotes in our collection. Russell Jones is known for saying 'The decline seemed to kick in around the time of publication of data on machinery orders which is a key indicator of capital expenditure. It was well below forecast, down 12.5 percent on the month.' as well as some of the following quotes.
Dollar/yen has responded to horrific weakness in data which has continued over the last business day in Japan. Machinery orders were a bit of a horror story.
The decline seemed to kick in around the time of publication of data on machinery orders which is a key indicator of capital expenditure. It was well below forecast, down 12.5 percent on the month.
That kicked into the equities market. Around 25 percent of bank profits come through bond holdings. If they are losing these capital gains then the banks are hit. People then started selling the yen because I think they started fearing things are not smelling too good here.
This quote is just one of 9 total Russell Jones quotes in our collection. Russell Jones is known for saying 'The decline seemed to kick in around the time of publication of data on machinery orders which is a key indicator of capital expenditure. It was well below forecast, down 12.5 percent on the month.' as well as some of the following quotes.