Nikkei / Markit Manufacturing PMi for February - preliminary

Comes in at 50.2, below the expected 52.0 for another poor showing from Japanese data. Mind you, still in expansion (below 50 is the contraction zone for a PMI)

  • prior was 52.3

New export orders fell at their quickest pace for 3 years, to 47.9 (from 53.1 in January). Not much the BOJ can do for overseas demand.