ECB Day: 75bps Expected

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

• Nikkei 225 up 554.63 points at 27985.18
• ASX 200 up 102.864 points at 6832
• Shanghai Comp. down 4.687 points at 3241.607
• JGB 10-Yr future up 23 ticks at 149.5, JGB 10-Yr yield down 0.3bp at 0.25%
• Aussie 10-Yr future up 14.5 ticks at 96.44, Aussie 10-Yr yield down 15.3bp at 3.553%
• US 10-Yr future up +0-07 at 116-12+, 10-Yr yield down 3.42bp at 3.2293%
• WTI crude up $0.83 at $82.78, Gold down $3.6 at $1714.77
• USDJPY up 21 pips at 143.95
• EU TO PROPOSE PRICE CAP ON RUSSIAN GAS, VON DER LEYEN SAYS (RTRS)
• RBA’S LOWE SIGNALS OUTSIZED RATE HIKES MAY BE COMING TO END (BBG)
• BIDEN TO HOST CALL THURSDAY WITH ALLIES ON SUPPORT FOR UKRAINE (BBG)
• NEW UK LEADER LIZ TRUSS FINALIZES HUGE POWER SUBSIDY PLAN (RTRS)
• CHINESE MEGA CITY CHENGDU EXTENDS LOCKDOWN OF MOST DISTRICTS AS COVID SPREADS (RTRS)
• BOK DEPUTY GOVERNOR: TO TAKE POLICY RESPONSE IN FX IF NEEDED (BBG)