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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

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MNI JAPAN Q1 REAL GDP -1.3% Q/Q; MNI MEDIAN -1.3%

JAPAN Q1 REAL GDP -5.1% ANNUALIZED; MNI MEDIAN -5.0%

JAPAN Q1 GDP POSTS 1ST CONTRACTION IN 3 QUARTERS 

JAPAN Q1 DOMESTIC DEMAND CONTRIBUTION -1.1 PP

JAPAN Q1 CONSUMPTION -1.4% Q/Q; -0.7 PP CONTRIBUTION

JAPAN Q1 CAPEX -1.4% Q/Q; -0.2 PP CONTRIBUTION

JAPAN Q1 NET EXPORT CONTRIBUTION -0.2 PP

JAPAN Q4 REAL GDP UNREVISED AT +2.8% Q/Q; REV TO +11.6% ANNUALIZED