At 02:30 (GMT+2), April data on the index of business activity in the manufacturing sector will be published in Japan. The indicator reflects the state of business activity in the national manufacturing industry and is based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, the attitude of purchasing and supply managers to the current economic situation and the prospects for its further development is assessed. If in April the value rises from the current 49.5 points, it could become a catalyst for the yen strengthening.
