Japanese Machine Orders, Trade Balance & Current Account Total

The following July releases have done little to evoke a reaction in the market ahead of the Nikkei open as they seldom do, although the releases were all better than expected. The USD/JPY pair continues to trade below the 84 handle, although the pair has recovered some from yesterday's lows.

• Machine Orders (MoM) - Survey:2.0%   Actual:8.8%   Prior:1.6%
• Machine Orders (YoY) - Survey:8.1%   Actual:15.9%   Prior:-2.2%
• Current Account Total - Survey:1534.6B   Actual:1675.9B   Prior:1047.1B
• Adjusted Current Account Total - Survey:1362.9B   Actual:1463.6B   Prior:1362.1B
• Trade Balance - Survey:865B   Actual:916.1B   Prior:769B