Russia Admits Losses Of Troops As EU Bans Its Coal Imports

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

• Nikkei 225 up 36.67 points at 26926.08
• ASX 200 up 32.666 points at 7475.7
• Shanghai Comp. down 1.879 points at 3234.816
• JGB 10-Yr future down 3 ticks at 149.44, yield down 0.2bp at 0.231%
• Aussie 10-Yr future down 6 ticks at 96.965, yield up 6bp at 2.974%
• U.S. 10-Yr future -0-05 at 120-12+, yield unch. at 2.6578%
• WTI crude down $0.44 at $95.6, Gold down $3.16 at $1928.73
• USD/JPY up 3 pips at Y123.98
• FED’S BULLARD FAVOURS 3%-3.25% RATES THIS YEAR TO BLUNT INFLATION (BBG)
• FED’S BOSTIC, EVANS BACK RATE RISES WITH DOVISH OVERTONES (RTRS)
• EU BACKS RUSSIAN COAL BAN IN FIRST PUNCH AT ENERGY REVENUE (BBG)
• PUTIN’S SPOKESMAN ADMITS “SIGNIFICANT” RUSSIAN LOSSES IN UKRAINE (Sky)
• TOP CHINESE SECURITIES NEWSPAPER SEES LIKELY RRR CUT IN 2Q (BBG)