Mixed China Headlines Set The Tone In Asia

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

• Nikkei 225 down 19.98 points at 26657.82
• ASX 200 down 36.538 points at 7118.7
• Shanghai Comp. up 20.342 points at 3127.806
• JGB 10-Yr future down 17 ticks at 149.94, yield up 1.8bp at 0.231%
• Aussie 10-Yr future up 1.0 tick at 96.750, yield down 1bp at 3.230%
• U.S. 10-Yr future +0-00+ at 120-19+, yield down 0.18bp at 2.743%
• WTI crude up $0.53 at $110.85, Gold down $8.81 at $1844.7
• USD/JPY up 11 pips at Y127.43
• FED MINUTES: RESTRICTIVE POLICY MAY BECOME APPROPRIATE (MNI)
• ORR: RBNZ TO HIKE AT PACE TO CONTAIN INFLATION EXPECTATIONS (BBG)
• CHINA’S ECONOMIC SLUMP SHOWS NO SIGNS OF BOTTOMING OUT IN MAY (BBG)
• CHINA OUTLINES NEW ROUNDS OF FISCAL SUPPORT, WITH SHANGHAI PORT THROUGHPUT HIGHER AND SOME SHANGHAI SCHOOLS SET TO RE-OPEN
• RUSSIA SAYS IT’S OPENING SEA CORRIDORS (BBG)
• BANK OF KOREA’S RHEE PUTS INFLATION BATTLE BEFORE GROWTH FOR NOW (BBG)
• UK ENERGY BILLS TO BE CUT BY HUNDREDS AS PART OF £10BN SUPPORT PACKAGE (BBC)