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Fed's Bostic Flags Potential For Faster Taper

SNAPSHOT

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

  • Nikkei 225 is closed
  • ASX 200 up 57.522 points at 7410.6
  • Shanghai Comp. up 10.369 points at 3592.955
  • JGBs are closed
  • Aussie 10-Yr future down 7.5 ticks at 98.115, yield up 7.5bp at 1.867%
  • U.S. 10-Yr future -0-04 at 129-28, cash Tsys are closed
  • WTI crude down $0.74 at $76.02, Gold up $3.58 at $1808.14
  • USD/JPY up 21 pips at Y115.10
  • FED'S BOSTIC: FASTER TAPER WOULD GIVE FED OPTION FOR EARLIER HIKES (BBG)
  • YELLEN SEES MONTHLY INFLATION BACK IN 0.2% RANGE LATER IN 2022 (BBG)
  • CHINA IS LESS LIKELY TO CUT MLF RATE WITHIN THIS YEAR (DAILY)
  • LORD FROST: MOVING AWAY FROM EU RULES IS 'NATIONAL NECESSITY' & UK MUST REDUCE TAXES (SKY)
  • DELEGATES: OPEC+ MAY ADJUST PLANS IF STATE OIL STOCKS RELEASED (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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