
At 01:50 (GMT+2), Japan will publish April 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 a YoY and MoM basis, the indicator is expected to adjust from 5.9% to 9.3% and from −9.4% to 4.1%, respectively, which may provide support for the yen.

