
At 02:30 (GMT+2) in Japan, the February index of business activity in the service sector from the national 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 of the Tankan Business Activity Index. The value is likely to rise from 52.7 points to 52.9 points, supporting the yen.

