Preliminary Nikkei / Markit Japan manufacturing PMI for September
Comes in at 50.3, for the first ‘expansion’ reading in 7 months
– prior 49.5
–
This is a positive sign for Japanese manufacturing … admittedly s tentative sing of potential economic growth. New export orders rose to a preliminary 50.2 from a final 47.2 in August (1st time in expansion for this in 8 months)