China Growth Worries & NSW COVID Case Count Headline

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

• Nikkei 225 up 627.4 points at 28567.99
• ASX 200 up 55.007 points at 7328.3
• Shanghai Comp. up 32.843 points at 3556.931
• JGB 10-Yr future down 2 ticks at 152.2, yield down 0.3bp at 0.030%
• Aussie 10-Yr future up 4.0 ticks at 98.6750, yield down 3.9bp at 1.318%
• U.S. 10-Yr future +0-01 at 133-14+, yield down 0.84bp at 1.351%
• WTI crude down $0.05 at $74.51, Gold down $5.5 at $1802.82
• USD/JPY up 4 pips at Y110.18
• ECB'S LAGARDE SEES POLICY CHANGE IN JULY, POSSIBLE 2022 MEASURES (BBG)
• ECB'S SCHNABEL DOESN'T EXPECT 'EXCESSIVELY HIGH' INFLATION (RTRS)
• ECB'S VILLEROY SIGNALS NO URGENCY TO SETTLE POST-CRISIS STIMULUS (BBG)
• NEW NSW COVID CASES TOP 100
• PBOC ADVISER SEES STABLE CHINA LIQUIDITY AFTER RESERVE RATIO CUT (BBG)
• ANALYSTS: CHINA'S ECONOMIC GROWTH TO SLOW IN H221 (CSJ)