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Early Moves Reverse

SNAPSHOT

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

Hang Seng up 285.54 points at 28831.29

CSI 300 down 40.85 points at 5039.17

KOSPI down 11.9 points at 2983.62

U.S. 10-Yr yield down 2.26bp at 1.5681%

China 10-Yr yield up 0.5bp at 3.249%

USD/CNH down 148 pips at 6.5368

USD/KRW up 7.4 at 1140.7

BBG/JPM ADXY Index up 0.15 at 107.98

  • CHINA STATE FUNDS SAID TO BUY STOCKS TO STEM WORSENING ROUT (BBG)
  • PBOC DEPUTY GOV CHEN: THE PBOC SEES NO NEED FOR MAJOR STIMULUS (MNI)
  • BOK TO PURCHASE KRW 2TN BONDS FROM MARKET

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