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Numerical Chinese GDP Target Allows Equities To Stabilise Post-Powell

SNAPSHOT

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

  • Nikkei 225 down 252.91 points at 28685.33
  • ASX 200 down 66.91 points at 6693.8
  • Shanghai Comp. down 11.801 points at 3491.691
  • JGB 10-Yr future up 29 ticks at 151.29, yield down 2.3bp at 0.109%
  • Aussie 10-Yr future down 6.5 ticks at 98.165, yield up 6.7bp at 1.840%
  • U.S. 10-Yr future -0-06 at 132-06+, yield up 1.4bp at 1.578%
  • WTI crude up $0.61 at $64.43, Gold down $4.04 at $1693.48
  • USD/JPY up 8 pips at Y108.06
  • FED CHAIR POWELL: WATCHING SPIKE IN BOND YIELDS (MNI)
  • CHINA TARGETS GDP GROWTH ABOVE 6% FOR 2021 (MNI)
  • CHINA TO KEEP FLEXIBLE MONEY POLICY, STABLE YUAN (MNI)
  • BOJ'S KURODA: WIDENING 10-YEAR JGB RANGE UNDESIRABLE (MNI)
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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