JPY Volatility Likely To Persist

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

• Nikkei 225 up 185.18 points at 27075.76
• ASX 200 up 102.643 points at 6779.4
• Shanghai Comp. down 30.929 points at 3008
• JGB 10-Yr future up 36 ticks at 147.96, yield unch. at 0.256%
• Aussie 10-Yr future up 5.5 ticks at 95.835, yield down 4.9bp at 4.150%
• U.S. 10-Yr future +0-14+ at 110-08, yield down 6.48bp at 4.152%
• WTI crude down $0.64 at $84.41, Gold down $1.47 at $1656.21
• USD/JPY up 125 pips at Y148.90
• SUNAK CLEAR FRONTRUNNER AS JOHNSON PULLS OUT OF NO 10 RACE (Guardian)
• JEREMY HUNT’S HALLOWEEN BUDGET COULD HIT HIGH EARNERS WITH GBP20BN OF TAX INCREASES (Telegraph)
• RUSSIA’S SHOIGU HOLDS SECOND CALL WITH U.S. DEFENSE SECRETARY IN THREE DAYS (RTRS)
• NATIONAL CONGRESS DELIVERS XI THIRD TERM IN OFFICE
• CHINA ECONOMY SHOWS MIXED RECOVERY AS UNEMPLOYMENT TICKS UP (BBG)
• JAPANESE OFFICIALS REFUSE TO CONFIRM IF THEY INTERVENED IN FX MARKETS
• TSMC SAID TO SUSPEND WORK FOR CHINESE CHIP START-UP AMID US CURBS (Straits Times)