Jackson Hole On The Mind

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

• Nikkei 225 down 153.89 points at 28776.39
• ASX 200 down 71.16 points at 7043.3
• Shanghai Comp. up 18.459 points at 3276.537
• JGB 10-Yr future down 44 ticks at 149.76, yield up 1.3bp at 0.215%
• Aussie 10-Yr future down 12 ticks at 96.46, yield up 12bp at 3.525%
• U.S. 10-Yr future +0-01+ at 118-05, yield up 0.18bp at 2.974%
• WTI crude down $1.24 at $89.53, Gold down $2.08 at $1744.98
• USD/JPY up 19 pips at Y137.16
• ECB’S NAGEL WANTS MORE HIKES, SAYS GERMAN RECESSION LIKELY (BBG)
• LABOUR TAKES BIGGEST POLL LEAD IN TEN YEARS AS COST OF LIVING CRISIS BITES (TIMES)
• CHINA CUTS LENDING BENCHMARKS TO REVIVE FALTERING ECONOMY (RTRS)
• POWER CRUNCH IN SICHUAN ADDS TO INDUSTRY'S WOES IN CHINA (BBG)
• TOP RUSSIAN DIPLOMAT DISMISSES HOPES OF NEGOTIATED END TO UKRAINE WAR (FT)
• GAZPROM TO SHUT PIPELINE FOR THREE DAYS IN NEW SHOCK TO EUROPE (BBG)