Trial now
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

JGB TECHS

(Z1) Strong Weekly Close

Release for:        March 2019
Source: U.S. Federal Reserve
Billions of U.S. dollars, seasonally adjusted unless noted
                                                  Feb-19     Mar-19
                     Jan-19  Feb-19  Mar-19      Change     Change
Total Credit (bln$)   4026.4  4041.8  4052.1        15.5       10.3
  (previous)          4030.6  4045.8                15.2       ---
 Revolving            1056.3  1059.4  1057.2         3.1       -2.2
 Nonrevolving         2970.1  2982.5  2994.9        12.4       12.5
Total Flow (ann rate   205.9   185.4   123.4
Revolving               33.6    37.0   -26.2
Nonrevolving           172.3   148.5   149.5
Total, ann % chg         5.1     4.6     3.1
Revolving                3.2     3.5    -2.5
Nonrevolving             5.8     5.0     5.0
                      3Q-18   4Q-18   1Q-19
Student Loans (NSA)   1559.0  1568.5  1598.1
Motor Vehicle Loans   1144.3  1152.8  1161.1
Fed Note: Flow data represent changes in the level of credit due to
economic and financial activity, and exclude breaks in the data
series due to changes in methodology, source data and other
technical aspects of the estimation that could affect the level of credit.
  ** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MAUDA$,MAU7C$]