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Risk Off Rears Its Head

SNAPSHOT

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

  • Hang Seng down 921.44 points at 26399.82
  • CSI 300 down 170.37 points at 4919.08
  • KOSPI down 23.4 points at 3232.29
  • U.S. 10-Yr yield down 2.18bp at 1.2545%
  • China 10-Yr yield down 1.5bp at 2.897%
  • USD/CNH up 107 pips at 6.4871
  • USD/KRW up 2.1 at 1152.9
  • BBG/JPM ADXY Index down 0.1 at 107.4
  • TAIWAN PLANS 2%-3% RISE IN GOVT SPENDING IN 2022: COMM. TIMES
  • CHINA SAYS TIES WITH U.S. NOW IN STALEMATE, FACE DIFFICULTIES
  • MALAYSIA: ALL ADULTS TO BE FULLY VACCINATED BY OCT THIS YEAR
  • SINGAPORE JUNE INDUSTRIAL OUTPUT RISES 27.5% Y/Y; EST. +27.2%

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