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PBoC Provides Upside Surprise In USD/CNY Fixing

SNAPSHOT

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

  • Nikkei 225 down 220.96 points at 27219.03
  • ASX 200 down 9.411 points at 7110.8
  • Shanghai Comp. up 67.331 points at 3428.771
  • JGB 10-Yr future down 6 ticks at 150.28, yield up 0.3bp at 0.201%
  • Aussie 10-Yr future down 3.5 ticks at 97.990, yield up 3.5bp at 1.995%
  • U.S. 10-Yr future +0-05+ at 126-30, yield down 1.09bp at 1.898%
  • WTI crude down $0.19 at $92.12, Gold up $2.35 at $1810.68
  • USD/JPY up 9 pips at Y115.35
  • ECB’S KNOT SEES INTEREST-RATE HIKE AS EARLY AS OCTOBER (BBG)
  • PBOC RETURNS FROM LNY BREAK & FIXES USD/CNY SHARPLY ABOVE EXP.
  • CHINA PREDICTS LOW INFLATION BASED ON WESTERN MONETARY MOVES (BBG)
  • UK PM JOHNSON RESHUFFLES TEAM, BUT HEADWINDS REMAIN
  • BIDEN SECURITY ADVISOR SULLIVAN: RUSSIAN INVASION COULD COME ‘ANY DAY NOW’ (CNBC)
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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