RBA’s Lowe Points To Patience, Notes ’22 Hike Is Plausible

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

• Nikkei 225 up 475.38 points at 27553.71
• ASX 200 up 81.664 points at 7087.7
• Shanghai Comp. is closed
• JGB 10-Yr future up 8 ticks at 150.65, yield down 0.5bp at 0.175%
• Aussie 10-Yr future down 1.0 tick at 98.070, yield up 1.0bp at 1.913%
• U.S. 10-Yr future +0-02 at 127-30, yield up 0.18bp at 1.789%
• WTI crude up $0.31 at $88.51, Gold down $2.84 at $1798.34
• USD/JPY up 4 pips at Y114.76
• FED'S BULLARD DOES NOT THINK A HALF-POINT RATE HIKE 'REALLY HELPS US' (RTRS)
• EU TO OUTLINE TECH STANDARDS PLAN TO COUNTER CHINA INFLUENCE (FT)
• RBA’S LOWE FLAGS RATE RISE POSSIBILITY THIS YEAR FOR FIRST TIME (BBG)
• US TRYING TO DRAW RUSSIA INTO WAR SAYS PUTIN (BBC)
• NO 10 REFUSES TO COMMENT ON FRESH REPORTS DETAILING LOCKDOWN PARTIES PM ALLEGEDLY ATTENDED (SKY)