Cautious Optimism Evident In Asia

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

• Nikkei 225 down 86.37 points at 27943.22
• ASX 200 up 3.935 points at 7245.1
• Shanghai Comp. up 5.546 points at 3612.978
• JGB 10-Yr future up 13 ticks at 152.24, yield down 1.3bp at 0.040%
• Aussie 10-Yr future up 3.0 ticks at 98.410, yield down 2.7bp at 1.582%
• U.S. 10-Yr future -0-13+ at 131-01, yield up 4.21bp at 1.385%
• WTI crude up $1.46 at $67.72, Gold down $0.33 at $1782.95
• USD/JPY up 23 pips at Y113.03
• HEADLINE FLOW A LITTLE MIXED, BUT CAUTIOUS OPTIMISM CREEPING IN RE: MORTALITY THREAT OF OMICRON
• CHINA MAY LOWER RRR AS SOON AS THIS MONTH (SECURITIES DAILY)
• RRR REMARK BY CHINA’S LI DOESN’T MEAN POLICY CHANGE (ECO. DAILY)
• REPEAT CHINESE DEFAULTER SUNSHINE 100 MISSES ANOTHER PAYMENT (BBG)
• WILL EVEGRANDE MEET LATEST COUPON PAYMENT GRACE PERIOD DEADLINE?
• U.S. TENSION WITH BOTH RUSSIA AND IRAN EVIDENT