Here's what to watch out for out of Japan today ... the known unknowns at any rate:

2350GMT we get April Machine Tool orders

  • for the m/m expected is -2.1%, prior was +2.9%
  • ror the y/y, expected is -1.4% and prior was +2.6%

2350GMT, PPI

  • for the m/m expected is +0.2%, prior was +0.1%
  • For the y/y, expected is -2.2% and prior was -2.1%

0100GMT - BOJ Board member Takehiro Sato speaks at a meeting with business leaders in Yamanashi Prefecture (held in Kofu).

Sata follows with a press conference at 0430GMT