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RBNZ Steps Up Pace Of Rate Hikes, Talked About Doing Even More

SNAPSHOT

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

  • Nikkei 225 is closed
  • ASX 200 up 50.506 points at 7231.8
  • Shanghai Comp. down 1.683 points at 3087.26
  • JGBs are closed
  • Aussie 10-Yr future down 0.5 tick at 96.400, yield up 0.5bp at 3.599%
  • U.S. 10-Yr future down 0-01+ at 112-18, cash Tsys are closed
  • WTI crude down $0.11 at $80.84, Gold down $4.81 at $1735.44
  • USD/JPY up 15 pips at Y141.38
  • FED’S GEORGE SAYS HIGHER US SAVINGS MAY ALSO MEAN HIGHER RATES NEEDED (BBG)
  • ECB'S SIMKUS OPEN TO DECEMBER 50BP HIKE (MNI)
  • PBOC ADVISER: CHINA 2023 GROWTH CAN TOP 5% IF COVID IMPACT ENDS (BBG)
  • CHINA TIGHTENS COVID RESTRICTIONS IN BIG CITIES AS CASES CLIMB (BBG)
  • NEW ZEALAND CENTRAL BANK SHARPLY RAISES RATES, NOW EXPECTS TO PEAK AT 5.5% IN 2023 (DJ)
  • WESTERN ALLIES AIM TO AGREE ON RUSSIAN OIL PRICE CAP WEDNESDAY (WSJ)
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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