The Japanese economy issued its machine orders reading for the month of April which dropped to -3.3%, compared with a previous incline 1.0% in March, while the market's expectations referred to 1.7%.

Moreover, Japan's machine orders index annual reading also fell to -0.2% during the year ended April, compared with previous reading of 9.1% a year earlier, while the analysts' forecasts that referred to 4.9%.