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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

MNI, NEWS
MNI: ITALY Y/Y INDUSTRY OUTPUT LOWEST SINCE DEC 2012 (-7.1%)
ITALY IND OUTPUT JAN-DEC 2018 AVG +0.8% Y/Y (+3.6% IN 2017)
ITALY IND OUTPUT LOWEST JAN-DEC AVG SINCE 2014 (-0.7% Y/Y)
ITALY OCT-DEC AVG IND OUTPUT Q/Q -1.1% VS JUL-SEP
ITALY OCT-DEC AVG IND OUTPUT LOWEST Q/Q SINCE Q3 2014 (-1.3%)
ITALY DEC CONSUMER GOODS OUTPUT -2.9% M/M
ITALY DEC CAPITAL GOODS OUTPUT FLAT M/M