China Asset Volatility In Focus

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

• Nikkei 225 up 305.06 points at 27280.25
• ASX 200 up 19.24 points at 6798.6
• Shanghai Comp. up 11.371 points at 2988.847
• JGB 10-Yr future up 15 ticks at 148, yield up 0.1bp at 0.256%
• Aussie 10-Yr future up 6.5 ticks at 95.89, yield down 6.3bp at 4.085%
• U.S. 10-Yr future +0-05+ at 109-29, yield down 3.77bp at 4.205%
• WTI crude up $0.11 at $84.69, Gold down $0.96 at $1648.66
• USD/JPY up 2 pips at Y148.93
• BOE’S RAMSDEN: “FEBRILE” MARKETS WANT CLARITY ON UK FISCAL POLICY (FT)
• RISHI SUNAK TO TAKE OVER AS UK PRIME MINISTER THIS MORNING
• U.S. SAYS GOT NO UPDATE FROM TOKYO ON FX INTERVENTION, JAPAN SAYS IT’S IN COMMUNICATION WITH U.S.
• JAPAN’S FINMIN SUZUKI: BOJ EASING AND GOVT FX INTERVENTION NOT CONTRADICTORY (RTRS)
• PBOC RAISES CROSS-BORDER FUNDING MACRO-PRUDENTIAL PARAMETER (BBG)
• PBOC SETS YUAN FIXING AT WEAKEST LEVEL SINCE 2008 (BBG)
• IEA: ASIA MAY SEE SIGNIFICANT RISE IN LNG PRICES NEXT YEAR (BBG)