Familiar Divide Becomes Evident In ECB Speak

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

• Nikkei 225 up 200.05 points at 28143.64
• ASX 200 up 42.048 points at 7181.3
• Shanghai Comp. up 25.144 points at 3109.626
• JGB 10-Yr future down 9 ticks at 149.32, yield up 0.4bp at 0.251%
• 10-Yr future down 0.5 tick at 96.405, yield up 1.3bp at 3.599%
• U.S. 10-Yr future up 0-00+ at 112-10+, yield down 0.94bp at 3.8175%
• WTI crude up $0.28 at $80.31, Gold up $5.35 at $1743.41
• USD/JPY down 31 pips at Y141.82
• FED’S MESTER WANTS MORE PROGRESS ON INFLATION BEFORE ENDING INTEREST RATE HIKES (CNBC)
• FED MUST BE MINDFUL OF OVERDOING RATE HIKES, DALY SAYS (MNI)
• ECB'S VILLEROY: INFLATION IN FRANCE AND EUROPE WILL PEAK IN FIRST HALF OF 2023 (RTRS)
• ECB’S CENTENO SEES CONDITIONS TO SLOW RATE HIKES IN DECEMBER (BBG)
• ECB’S HOLZMANN: FAVOR 75 BP HIKE NEXT MONTH IF THINGS STAY SAME (BBG)
• ITALY TO RAISE ENERGY WINDFALL TAX TO FINANCE €35 BILLION BUDGET (BBG)
• SAUDIS DENY REPORT OF TALKS ON OPEC+ OIL-PRODUCTION INCREASE (BBG)