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RUSSIA

USD/RUB Slips, Approaches April Lows

US 10YR FUTURE TECHS

‌‌(M1)‌‌ Resistance Remains Intact

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  • Average monthly spending by Japanese households with two or more people decreased 6.1% y/y in January, accelerating from the 0.6% decrease the previous month.
  • Spending on food dropped 2.2% y/y in January, after being unchanged the previous month.
  • Spending on fuel, lighting and water rose 5.5% y/y, quicker than the 2.9% gain registered in December.
  • The average real income of households with salaried workers fell 2.5% y/y in January, lower than the 1.3% y/y decline reported last month.