Overnight news

Good morning

- US stocks lower on Friday, Asian markets sharply lower

- Feds Bullard says economy and inflation exceed expectations

- Bullard sees rate rise in 2022

- US 10 year yields though are sharply lower but dollar holds gains

- Plenty of Fed officials speaking this week

- Both Macron and Le Pen struggling in regional elections

- Delta variant threatens progress made on Covid so far

- Five year anniversary of the Brexit referendum this week

- Amazon Prime day today

- Nikkei down 3.29% to 28,010

- Shanghai Comp up 0.12% to 3,529

- USDCNY fixes 6.4546 from 6.4361

- 13.30 US Chicago Fed National Activity Index

- 13.30 ECBs Lagarde speaks

- 14.30 Feds Bullard speaks

- 15.15 ECBs Lagarde speaks

- 20.00 Feds Williams speaks

- 22.00 NZ Westpac consumer survey