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RBA Sticks To 25bp Step, Notes Material Tightening Deployed

SNAPSHOT

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

  • Nikkei 225 up 63.29 points at 27650.75
  • ASX 200 up 113.44 points at 6976.9
  • Shanghai Comp. up 29.2 points at 2922.338
  • JGB 10-Yr future up 4 ticks at 148.81, yield up 0.3bp at 0.251%
  • Aussie 10-Yr future down 0.5 tick at 96.230, yield down 0bp at 3.755%
  • U.S. 10-Yr future +0-10 at 110-29, yield down 2.66bp at 4.0212%
  • WTI crude up $0.62 at $87.15, Gold up $5.40 at $1638.96
  • USD/JPY down 33 pips at Y148.38
  • LAGARDE: THE ECB EXPECTS TO CONTINUE RAISING INTEREST RATES TO CONTROL INFLATION (DELFI BIZNESS)
  • SUNAK SIGNS OFF ON TAX RISES ACROSS THE BOARD TO HELP PLUG £50BN HOLE (FT)
  • UK LABOUR LEADS TORIES BY 23 POINTS IN LATEST POLL, GAP NARROWS (BBG)
  • JAPAN'S STEALTH YEN INTERVENTION AIMS FOR MAXIMUM IMPACT - FINANCE MINISTER (RTRS)
  • RBA HIKES 25BP; SEES INFLATION PEAK 'AROUND' 8% (MNI)
  • U.S. SETS TIMELINE FOR RUSSIAN OIL CARGOES SUBJECT TO PRICE CAP (RTRS)
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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