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JGBS

Resilience Gives Way

JPY

Market Sentiment Provides Key Driver

JAPAN DATA

Japan Oct Household Spending Down 0.6% y/y

US TSYS

Incrementally Firmer Early On

NZD

Kiwi Kept In Check Despite Risk-On Impulse

US DATA
US DATA: March consumer credit use +$10.3b vs +$15.7b exp. by MNI and 
+$16.0b exp. by Bloomberg consensus. February rev up to +$15.5b from 
+$15.2b. 
- March revolving credit -$2.2b after +$3.1b in February. 
- Nonrevolving +$12.5b after +$12.4b in February.