Energy & Recession Worries Remain At The Fore

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

• Nikkei 225 up 13.06 points at 26166.64
• ASX 200 up 23.258 points at 6531.8
• Shanghai Comp. up 18.788 points at 3285.99
• JGB 10-Yr future up 41 ticks at 148.27, yield down 0.5bp at 0.241%
• Aussie 10-Yr future up 15.5 ticks at 96.095, yield down 15.3bp at 3.832%
• U.S. 10-Yr future +0-01 at 116-31+, yield down 0.94bp at 3.147%
• WTI crude down $2.09 at $104.10, Gold down $4.55 at $1833.14
• USD/JPY down 80 pips at Y135.46
• FED'S POWELL DECLINES TO RULE OUT 100-BASIS POINT RATE HIKE (RTRS)
• U.S. SENATE'S NO. 2 REPUBLICAN SAYS GAS TAX HOLIDAY 'DEAD ON ARRIVAL' (RTRS)
• GERMANY SHOULD BRACE FOR FURTHER GAS FLOW REDUCTION, HABECK SAYS (BBG)
• TORY STRATEGISTS BRACED FOR DOUBLE DEFEATS IN BY-ELECTIONS (FT)
• WE CAN FIND A NEW MAJORITY, FRANCE'S MACRON SAYS AFTER LOSING CONTROL OF PARLIAMENT (RTRS)
• FORMER JAPAN FX CHIEF NAKAO: INTERVENTION CAN’T BE ELIMINATED (BBG)
• YUAN UNLIKELY TO DEPRECIATE SHARPLY AGAINST DOLLAR (CSJ)