Forex Trading News: EUR German PPI and JPY BOJ Monthly Report Preview

At 2:00 AM, the German PPI is released.  This number gauges the rate of inflation felt by manufactures when purchasing services and goods.  As this trend rises, it typically benefits the currency.

0.5% is forecast for this release from the previous 0.7%.

The Bank of Japan monthly report comes out as well.  This report gives a summary of the Japanese economic climate.