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Fed Signals Impending Taper Start, China PPI Soars

SNAPSHOT

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

  • Nikkei 225 up 331.89 points at 28472.17
  • ASX 200 up 62.855 points at 7335.4
  • Shanghai Comp. up 5.376 points at 3567.138
  • JGB 10-Yr future up 14 ticks at 151.39, yield down 1.0bp at 0.083%
  • Aussie 10-Yr future up 5.5 ticks at 98.34, yield down 5.3bp at 1.638%
  • U.S. 10-Yr future +0-02 at 131-09, yield up 1.39bp at 1.551%
  • WTI crude up $0.54 at $80.98, Gold down $3.21 at $1789.82
  • USD/JPY up 31 pips at Y113.56
  • FED SET TO TAPER, RATE HIKE TIMING UNDER DEBATE (MNI)
  • CHINESE PRODUCER PRICES RISE AT FASTEST PACE SINCE 1995 (BBG)
  • ERDOGAN RIDS TURKEY INTEREST-RATE PANEL OF OPPONENTS TO CUTS (BBG)
  • EU OFFERS TO SCRAP 80% OF NI FOOD CHECKS BUT PREPARES FOR JOHNSONTO REJECT DEAL (Guardian)

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