Markets in anticipation of the trade balance and business activity in Japan during the Asian session
At 1:50 will turn our attention to the trade balance in Japan, investors’ expectations are for a drop to -1.684 trillion. -0661 trillion yen. yen for the previous period. We will see and seasonally adjusted trade balance, which is expected to increase to -0600 trillion. -0712 trillion yen. for the previous period. Possible increase in volatility and in worse data and reduction of the Japanese currency.
At 0200 New Zealand will make clear the level of consumer confidence and commemorations of 128.9 points values are not expected.
At 6:30 of Japan, investors will turn their attention to the index of business activity, and if the forecasts for a drop to -0.2% compared to 0.1% for the previous period justify possible decrease of JPY.
At 7:00 we expect monthly economic report of Bank of Japan. At the same time and Release level of the index of leading indicators, a change from previous readings of 105.2 points is expected. Possible increase in volatility in the yen crosses.