At 07:00 (GMT+2), Japan will release its July Leading Economic Index. The indicator predicts changes in the national economy's development in the coming months based on 12 components, such as the volume of orders in mechanical engineering, stock prices, etc. An increase in the value reflects a phase of economic growth, and a decrease reflects a phase of recession. The index is expected to increase from 105.6 points to 105.9 points. If the forecast proves correct, it can support the yen.
