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Biden-Xi Summit Avoids Worst Case Scenario

SNAPSHOT

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

  • Nikkei 225 up 31.32 points at 29808.12
  • ASX 200 down 49.711 points at 7420.4
  • Shanghai Comp. down 3.214 points at 3530.088
  • JGB 10-Yr future down 10 ticks at 151.67, yield up 1bp at 0.076%
  • Aussie 10-Yr future down 6.5 ticks at 98.145, yield up 6.7bp at 1.832%
  • U.S. 10-Yr future +0-04+ at 130-14, yield down 1.89bp at 1.596%
  • WTI crude up $0.55 at $81.43, Gold up $4.17 at $1867.02
  • USD/JPY up 1 pip at Y114.13
  • BIDEN & XI CALL FOR COOPERATION AS VIRTUAL SUMMIT WRAPS UP (BBG)
  • FED'S KASHKARI: FED SHOULDN'T OVERREACT TO TEMPORARY INFLATION (BBG)
  • U.S. SENATE BANKING CHAIR BROWN: BIDEN'S FED CHAIR PICK IS 'IMMINENT' (BBG)
  • UK PM JOHNSON: 'LEGITIMATE' TO SUSPEND BREXIT DEAL OVER NORTHERN IRELAND (BBG)
  • RBA MINUTES: DISTRIBUTION OF POSSIBLE INFLATION OUTCOMES HAS WIDENED (BBG)
  • CHINESE DEVELOPER KAISA HAS YET TO PAY INTEREST DUE LAST WEEK (BBG)
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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