Macron Leads After First Round Of Polls

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

• Nikkei 225 down 230.52 points at 26755.28
• ASX 200 up 3.31 points at 7481.3
• Shanghai Comp. down 56.777 points at 3195.073
• JGB 10-Yr future down 18 ticks at 149.31, yield up 0.9bp at 0.239%
• Aussie 10-Yr future down 5.0 ticks at 96.930, yield up 5bp at 3.014%
• U.S. 10-Yr future -0-16 at 119-20, yield up 6.84bp at 2.768%
• WTI crude down $2.65 at $95.61, Gold down $5.21 at $1942.33
• USD/JPY up 53 pips at Y124.87
• MACRON AND LE PEN IN CLOSE RACE HEADING INTO FRENCH RUNOFF (BBG)
• GROWING FOCUS ON THE BATTLE FOR UKRAINE’S EAST, FURTHER SANCTIONS ON RUSSIA EYED
• COVID RESTRICTIONS NOW SEEN IN CHINA’S GUANGZHOU
• ANOTHER ROUND OF LOCALISED PROPERTY-RELATED EASING MEASURES SEEN IN CHINA
• CHINA 10-YEAR GOVERNMENT BOND YIELD PREMIUM OVER U.S. ERASED
• RUSSIA CUT TO SD AT S&P
• RUSSIA TO HALT BOND SALES FOR THIS YEAR AS INTEREST COSTS SURGE (BBG)