At 07:00 (GMT+2), Japan will release its December consumer confidence index data. The indicator is calculated based on a survey of 5.0 thousand households in the country, who assess the prospects for the economy and their own well-being. This is a leading indicator for consumer spending. High rates indicate consumer optimism. The index is expected to rise from 37.5 points to 37.8 points. If the forecast proves correct, it can support the yen.
