
At 01:50 (GMT+2), Japan will publish January data on core orders in mechanical engineering, an indicator that tracks monthly changes in the volume of products manufactured by the sector, excluding goods for shipbuilding and public utilities. On an annual basis, it is likely to continue the negative trend from 13.7% to 8.5%, and within the baseline range from –5.5% to –0.8% YoY, which will exert pressure on the Japanese yen.

