At 06:30 (GMT+2) in Japan, the index of business activity in the service sector from the Ministry of Economy, Trade, and Industry will be published. The indicator reflects the total cost of services purchased by companies in key service industries (excluding manufacturing) and is a leading indicator to the Tankan business activity index. The value is predicted to decline from 1.2% to –0.2%, which, in turn, may put pressure on the yen.
