Forex Economic Calendar
# Revised
Better / Worse
Units: % m/m
| Impact | Actual | Forecast | Previous | Time | Date |
|---|---|---|---|---|---|
| Med | -7.10 | -5.00 | 14.80 | 18:50 | 2/8 |
Source
Economic and Social Research Institute (Japan)
Definition
Value of machinery orders placed at major manufacturers in Japan.
Frequency
Monthly
Why should I care?
Key machinery orders are considered a main indicator of corporate capital spending for the coming six months. A high reading is usually bullish for the yen.
JPY
SMQ
Help
The OlsenScale (SMQ)
The Olsen Scale quantifies the market activity according to the Scale of Market Quakes (SMQ).
Similar to the Richter scale which measures the release of seismic energy during an earthquake, the SMQ relates excessive pricing along various price and time scales to historical data by assigning a single number to it. On a constant basis, the scale therefore characterizes the state of the market.
For more information visit OlsenScale.com
