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Erdogan Ramps Up Pressure For Rate Cuts

SNAPSHOT

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

  • Nikkei 225 up 122.71 points at 28936.36
  • ASX 200 up 65.232 points at 7208.2
  • Shanghai Comp. down 23.474 points at 3601.24
  • JGB 10-Yr future down 1 ticks at 151.47, yield down 0.3bp at 0.08%
  • Aussie 10-Yr future down 1.5 ticks at 98.355, yield up 1.3bp at 1.705%
  • U.S. 10-Yr future down -0-01 at 131-24, yield up 0.51bp at 1.6113%
  • WTI crude up $0.15 at $67.86, Gold down $4.07 at $1896.27
  • USD/JPY up 16 pips at Y109.64
  • YELLEN & LIU HE CONDUCT CALL, COMMUNICATION TO CONTINUE
  • FED'S BRAINARD: MBS QE SUCCESSFULLY PROVIDING SUPPORT (MNI)
  • JOHNSON FACES GROWING PRESSURE FROM TORY MPS TO AVOID A DELAY TO UNLOCKING (TELEGRAPH)
  • MELBOURNE LOCKDOWN EXTENDED
  • ERDOGAN TIMELINE FOR RATE CUTS PUSHES TURKISH LIRA TO RECORD LOW (BBG)
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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