1 (750-ml) bottle Moscato d’Asti
1 cup peach nectar
3/4 cup peach liqueur
1/2 cup freshly squeezed lemon juice
2 white peaches, pitted and sliced
1 lemon, cut into half wheels

Combine all of the ingredients in a 2-quart pitcher or punch bowl and stir gently. Cover and refrigerate at least 4 hours. Serve over ice and garnish with fresh peach and lemon slices