Below gives key levels of markets in the...>

SNAPSHOT: Below gives key levels of markets in the second half of the Asia-Pac

session:

- Nikkei 225 up 296.41 points at 24089.77

- ASX 200 up 20.785 points at 6202

- Shanghai Comp. up 25.952 points at 2817.727

- JGB 10-Yr future down 8 ticks at 150.1, yield up 0.7bp at 0.127%

- Aussie 10-Yr future up 2 ticks at 97.31, yield down 2.3bp at 2.665%

- U.S. 10-Yr future up 1+ ticks at 118.25+, yield down 0.38bp at 3.048%

- WTI crude up $0.13 at $72.25, Gold up $1.68 at $1184.61

- USD/JPY up 13 pips at 113.52

* ITALIAN GOV'T PROPOSES BUDGET WITH A 2.4% DEFICIT/GDP RATIO

* FED CHAIR POWELL. U.S. NOT FACING LARGE CHANCE OF RECESSION OVER NEXT 2 YEARS

* BOC GOV POLOZ STRESSES NEED FOR GRADUAL HIKES & TEMPORARY FACTORS DRIVING CPI