Biden Takes the Helm

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

• Nikkei 225 down 149.87 points at 28482.06
• ASX 200 up 32.983 points at 6775.6
• Shanghai Comp. up 0.286 points at 3566.667
• JGB 10-Yr future up 10 ticks at 151.95, yield down 2.2bp at 0.035%
• Aussie 10-Yr future up 1.5 ticks at 98.910, yield down 1.2bp at 1.083%
• U.S. 10-Yr future down 0-01+ at 136-28+, yield up 0.34bp at 1.092%
• WTI crude up $0.34 at $53.32, Gold up $9.87 at $1850.13
• USD/JPY down 14 pips at 103.76
• ECB IS CAPPING BOND YIELDS BUT DON'T CALL IT YIELD CURVE CONTROL (BBG)
• ITALIAN PREMIER WINS CONFIDENCE VOTE, STILL SEEKS MAJORITY (BBG)
• U.S. SAYS CHINA'S REPRESSION OF UIGHURS IS 'GENOCIDE' (NYT)
• BIDEN'S INAUGURATION SPEECH TO STRESS UNITY AMID A NATIONAL CRISIS (CNBC)