Thursday, 07 June 2007

UPDATE 1-Japan machinery orders rise less than expected

(Reuters) - The data also did little to ease market speculation that the
Bank of Japan could raise rates in August, with euroyen futures
falling to a 10-year low and the benchmark 10-year bond yield
hitting a 10-month high after the numbers.




Separate data put out by the Bank of Japan showed that bank
lending rose 0.9 percent in May from a year earlier, the same
pace of growth as in April.


Read more at Reuters.com Economic News

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