A very sparse calendar ahead, not likely to move FX much upon release.

2350 GMT Japan PPI for March

  • expected 0.4%, prior 0.4% m/m

  • expected 0.5%, prior -0.7% y/y

  • Producer Price Index is inflation at a business-to-business level (in a nutshell). It is also known as the Corporate Goods Price Index, which is probably a better indication as to what it is.

  • In the release is also an indication of consumer prices. The 'domestic final goods prices' index, which loosely correlates with CPI.

  • Also at the same time will be the release for levels of bank lending in Japan for March

At 0600 GMT preliminary machine tool orders for Match, Japan