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OPTIONS

Expiries for Jun16 NY cut 1000ET (Source DTCC)

US TSY OPTIONS

Mixed 10Y, 30Y Trade

EGB OPTIONS

1x2 Call Spread Buyer Vs Put

SHORT-STERLING OPTIONS

Strangle Seller

TOKYO (MNI)

The Bank of Japan's Consumption Activity Index fell 0.7% m/m in April, falling after the revised 1.7% rise in March (up from +1.2%), data released Monday showed. The April index rose 0.4% q/q from Q1.

Consumption continues to show solid demand for goods but demand for services remains weak, with the central bank seeing that "a pick-up in private consumption has paused recently due to increased downward pressure on consumption of services, such as eating and drinking as well as accommodations."

Japan's real average household spending rose 0.1% m/m in April, a third straight rise following a strong 7.2% gain in March. The BOJ's Consumption Activity Index is designed to forecast revised private consumption, not act as a preliminary estimate.

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