Asian Market Wrap:
Asian Market Wrap: 10-year Treasury yields are i[0.5 bp at 3.130%, 10-year JGB yields are up 0.3 bp at 0.102% as and Asian markets are mostly posting gains after a choppy session. A stabilisation in oil prices, Brexit developments and comments from Fed Chairman Powell, who seemed to downplay volatility and didn't give the impression that developments will alter the policy path dominated discussion. Japanese indices, which outperformed yesterday, after underperforming today, but Hang Seng and CSI 300 are up 0.98% and 0.86% respectively amid further speculation of a fresh round of trade talks between the U.S. and China. Better than expected earnings from Tencent Holdings Ltd. also added support. The ASX at least managed to stabilise and post a marginal gain after yesterday's slide. U.S. futures are broadly higher, after swinging between gains and losses through most of the session. Oil prices are holding above USD 56 per barrel, but are down from highs amid ongoing supply concerns.