Chinese COVID Jitters Dominate

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

• Nikkei 225 down 1.03 points at 27900.33
• ASX 200 down 12.531 points at 7139.3
• Shanghai Comp. down 30.072 points at 3067.584
• JGB 10-Yr future up 2 ticks at 149.40, yield up 0.1bp at 0.25%
• Aussie 10-Yr future up 2.5 ticks at 96.410. yield down 2.8bp at 3.582%
• U.S. 10-Yr future up 0-06+ at 112-16, yield down 4.1bp at 3.7878%
• WTI crude down $0.87 at $79.21, Gold down $4.58 at $1746.10
• USD/JPY up 13 pips at Y140.50
• FED'S COLLINS DECLINES TO SAY HOW FAR FED WILL HIKE RATES (RTRS)
• FED'S BOSTIC SEES HIGHER 'LANDING' RATE, SMALLER DEC HIKE (MNI)
• RISHI SUNAK WON’T SEEK SWISS-STYLE RELATIONSHIP WITH BRUSSELS
• TORIES WANT TO CUT TAXES BEFORE NEXT ELECTION, SAYS NADHIM ZAHAWI (TELEGRAPH)
• BEIJING REPORTS COVID DEATHS, STOKING FEARS OF CURBS (BBG)
• COVID ZERO RETURNS TO CHINESE CITY RUMORED TO BE REOPENING (BBG)