Fed Day, 75bp Step Eyed

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

• Nikkei 225 up 59.86 points at 27715.07
• ASX 200 up 13.627 points at 6820.90
• Shanghai Comp. down 3.063 points at 3274.373
• JGB 10-Yr future up 1 tick at 150.22, yield down 0.5bp at 0.206%
• Aussie 10-Yr future up 6.5 ticks at 96.695, yield down 6.7bp at 3.273%
• U.S. 10-Yr future -0-04+ at 119-23, yield down 0.36bp at 2.803%
• WTI crude up $0.23 at $95.21, Gold down $2.83 at $1714.48
• USD/JPY up 10 pips at Y137.01
• BIDEN-XI CALL TO TAKE PLACE THURSDAY, PER REPORTS
• ECB'S DE COS SAYS RISKS TO INFLATION OUTLOOK IN EUROZONE HAVE INTENSIFIED (RTRS)
• RISHI SUNAK IN MAJOR TAX U-TURN AS HE ANNOUNCES PLAN TO SCRAP VAT ON ENERGY BILLS (SKY)
• TURKEY SAYS UKRAINE GRAIN EXPORTS COULD START WITHIN A WEEK (BBG)
• CHINA’S BORROWING COST SLUMP SHOWS LIMITS OF PBOC POLICY EASING (BBG)