At 02:30 (GMT+2), the May index of business activity in the services sector from the Ministry of Economy, Trade and Industry will be published in Japan. 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. It is likely to fall from 52.4 points to 50.8 points, putting pressure on the national currency exchange rate.
