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Evergrande Avoids Default, Again

SNAPSHOT

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

  • Nikkei 225 up 166.71 points at 29273.44
  • ASX 200 down 42.006 points at 7381.9
  • Shanghai Comp. up 28.499 points at 3520.428
  • JGB 10-Yr future down 13 ticks at 151.79, yield up 0.8bp at 0.071%
  • Aussie 10-Yr future down 8.0 ticks at 98.165, yield up 8.1bp at 1.813%
  • U.S. 10-Yr future -0-02 at 130-21+, cash Tsys are closed
  • WTI crude up $0.25 at $81.59, Gold up $3.97 at $1853.45
  • USD/JPY up 3 pips at Y113.94
  • EVERGRANDE PAYS DELAYED INTEREST, SET TO AVERT DEFAULT AGAIN (BBG)
  • CHINA WEIGHS MODERATING PROPERTY CURBS TO HELP TROUBLED DEVELOPERS UNLOAD ASSETS (WSJ)
  • CHINA STATE MEDIA STOKE SPECULATION PROPERTY CRACKDOWN MAY EASE (BBG)
  • HOLZMANN: ALL ECB BOND PURCHASES COULD END NEXT FALL (BBG)
  • ANALYSTS LOOK THROUGH SOFT AUSTRALIAN EMPLOYMENT DATA, POINT TO BETTER TIMES AHEAD
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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