Biden & Xi Make Contact

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

• Nikkei 225 up 313.3 points at 30322.82
• ASX 200 up 46.275 points at 7415.8
• Shanghai Comp. up 15.92 points at 3709.05
• JGB 10-Yr future unch. at 151.88, yield down 0.2bp at 0.041%
• Aussie 10-Yr future up 3.5 ticks at 98.783, yield down 3.5bp at 1.235%
• U.S. 10-Yr future -0-02+ at 133-13+, yield up 1.01bp at 1.307%
• WTI crude up $0.31 at $68.45, Gold up $2.99 at $1797.58
• USD/JPY up 14 pips at Y109.86
• U.S., CHINA LEADERS HOLD CANDID TALKS ON POLICIES (MNI)
• REPUBLICAN LAWMAKERS RAISE ALARM ABOUT U.S. APPROVAL OF AUTO CHIPS FOR HUAWEI (RTRS)
• FED'S BOWMAN ENCOURAGED STILL BY RECOVERY, TAPER LIKELY THIS YEAR (RTRS)
• FED PRESIDENTS KAPLAN & ROSENGREN TO SELL INDIVIDUAL STOCK HOLDINGS TO ADDRESS ETHICS CONCERNS (CNBC)
• ECB POLICYMAKERS AGREED ON PEPP MONTHLY PURCHASE TARGET OF 60-70BN WITH FLEXIBILITY (RTRS SOURCES)
• TORIES TRAILING LABOUR WITH LOWEST BACKING SINCE ELECTION (TIMES/YOUGOV POLL)