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North Asia PMIs Flash Global Trade Warning

SNAPSHOT

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

  • Nikkei 225 down 488.6 points at 27602.93
  • ASX 200 down 104.756 points at 6882.00
  • Shanghai Comp. up 7.735 points at 3209.873
  • JGB 10-Yr future down 16 ticks at 149.37, yield up 1.8bp at 0.244%
  • Aussie 10-Yr future down 10.5 ticks at 96.29, yield up 10.8bp at 3.703%
  • U.S. 10-Yr future -0-16+ at 116-12+, yield up 0.19bp at 3.195%
  • WTI crude down $0.51 at $89.04, Gold down $7.28 at $1703.76
  • USD/JPY up 57 pips at Y139.53
  • FED’S LOGAN SAYS RESTORING PRICE STABILITY IS NUMBER ONE TASK (BBG)
  • CHINA LOCKS DOWN CHENGDU TO CONTAIN COVID (BBG)
  • ASIA’S MANUFACTURING HUBS SLUMPED IN AUGUST AS DEMAND FADES (BBG)
  • OPEC+ PANEL TIGHTENS OIL MARKET OUTLOOK FOR THIS YEAR, NEXT (BBG)

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