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What Will Biden Deliver?

SNAPSHOT

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

  • Nikkei 225 up 171.93 points at 28628.52
  • ASX 200 up 28.699 points at 6715.3
  • Shanghai Comp. down 12.638 points at 3586.014
  • JGB 10-Yr future down 3 ticks at 151.87, yield down 0.9bp at 0.030%
  • Aussie 10-Yr future up 1.0 tick at 98.890, yield down 0.8bp at 1.098%
  • U.S. 10-Yr future -0-05 at 136-19+, yield up 2.38bp at 1.107%
  • WTI crude down $0.06 at $52.85, Gold down $3.86 at $1841.65
  • USD/JPY up 10 pips at Y103.99
  • BIDEN AIDES TELL CONGRESS ALLIES AID PLAN MAY BE ABOUT $2TN (CNN)
  • CLARIDA: NO RATE LIFTOFF UNTIL U.S. SEES 2% INFLATION FOR A YEAR (BBG)
  • FED'S HARKER WANTS INFLATION OVER 2% BEFORE TAPER TALK (MNI)
  • AMERICANS WON'T BE BANNED FROM INVESTING IN ALIBABA, TENCENT & BAIDU (WSJ)
  • J&J COVID VACCINE IS SAFE & GENERATES PROMISING RESPONSE IN EARLY TRIAL (CNBC)
  • ITALY GOVERNMENT ON VERGE OF COLLAPSE AS RENZI PARTY QUITS (BBG)
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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