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UPDATE 1-New Zealand/Australia Morning Call-Global markets

Published 30/05/2016, 08:28 am
© Reuters.  UPDATE 1-New Zealand/Australia Morning Call-Global markets
UK100
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XAU/USD
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US500
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DJI
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AXJO
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JP225
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HK50
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ROG
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BHP
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BHPB
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DX
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GC
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HG
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LCO
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IXIC
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US10YT=X
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STOXX
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FTEU3
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DXY
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(Add Australian stock market trend) ---------------------------------------------------------------- Snapshot at: 08:22 / 2222 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,405.91 +17.82 NZSX 50

6,992.60 +44.7 DJIA

17,873.22 +44.93 Nikkei

16,834.84 +62.38 NASDAQ

4,933.51 +31.74 FTSE

6,270.79 +5.14 S&P 500

2,099.06 +8.96 Hang Seng

0.00 +0.00 SPI 200 Fut

5,433.00 +23.00 STI

2,802.51 +29.20 SSEC

2,821.54 -0.91 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.289 +0.025 US 10 YR Bond

1.851 +0.000 NZ 10 YR Bond

2.610 +0.020 US 30 YR Bond

2.650 +0.000 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7180 0.7220 NZD US$

0.6695 0.6734 EUR US$

1.1112 1.1188 Yen US$

110.52 109.68 ---------------------------------------------------------------- Commodities Gold (Lon)

1,216.25

Silver (Lon)

16.20 Gold (NY)

1,212.15

Light Crude

49.67 TRJCRB Index

186.14 +0.55 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street rose on Friday and capped off its strongest week since March after U.S. Federal Reserve Chair Janet Yellen said an interest-rate hike would likely be appropriate "in the coming months."

The Dow Jones industrial average .DJI climbed 0.25 percent to end at 17,873.22 points and the S&P 500 .SPX gained 0.43 percent to 2,099.06.The Nasdaq Composite .IXIC added 0.65 percent to 4,933.51.

For a full report, double click on .N

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LONDON - European shares were steady on Friday, propped up by the Swiss stock market and pharmaceuticals companies after drugmaker Roche ROG.S climbed on positive results for one of its products.

The pan-European STOXX 600 .STOXX and FTSEurofirst 300 .FTEU3 equity indexes both rose 0.2 percent.

For a full report, double click on .L

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TOKYO - Japanese stocks rose in thin trade on Friday, amid the growing prospect that Prime Minister Shinzo Abe would delay by several years a sales tax hike scheduled to go into effect next April.

The Nikkei share average .N225 edged up 0.4 percent to 16,834.84 and ended a very light trading week just over half a percent higher.

For a full report, double click on .T

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SYDNEY - Australian shares are set to open higher on Monday, following a solid finish on Wall Street last week, though resources stocks could put a lid on gains after gold and oil prices slipped.

Local share price index futures YAPcm1 inched up 0.4 percent to 5,433.0, a 27.1-point premium to the underlying S&P/ASX 200 index .AXJO close on Friday. The benchmark climbed to a nine-month peak last Friday, having leapt 3 percent so far this month.

Global miner BHP Billiton (LON:BLT) BHP.AX is expected to open around 1.1 percent lower after its U.S. ADRs BHP.N fell.

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar index hit two-month highs on Friday after Federal Reserve Chair Janet Yellen left the door open to an interest rate increase in the coming months.

The dollar index .DXY rose 0.60 percent to 95.745, the highest level since March 29. It has surged from a low of 91.919 on May 3.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury prices fell on Friday with short-dated yields spiking up after Federal Reserve Chair Janet Yellen said gradual U.S. interest rate increases would be appropriate if the economy improves further and the labor market tightens.

Benchmark 10-year Treasury notes US10YT=RR were down 8/32 in price for a yield of 1.851 percent, up nearly 3 basis points from Thursday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold slid 1 percent to a three-month low on Friday, extending losses after Federal Reserve Chair Janet Yellen indicated the U.S. central bank could raise interest rates within months if the economy continues to improve, boosting the dollar.

Spot gold XAU= was down 0.9 percent at $1,208.90 an ounce at 3:01 p.m. EDT (1901 GMT), off an earlier low of $1,206.45, the lowest level since Feb. 22. It was on track to close the week down 3.5 percent, the biggest fall since early November and the fourth straight weekly decline after minutes of the Fed's latest policy meeting indicated last week that a rate rise may be on the cards sooner rather than later.

For a full report, double click on GOL/

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BASE METALS

LONDON - Zinc prices touched a two-week high on Friday and copper also gained as investors bought futures to square positions, though analysts said metals may resume their downward trend next week.

Three-month zinc CMZN3 on the LME climbed 1.9 percent to an intraday peak of $1,911 a tonne, the strongest since May 12, paring gains to close up 1.2 percent at $1,899.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices dipped for a second day in a row on Friday as some investors took profit on a surge to seven-month highs while others worried about higher production with the market hovering near $50 a barrel.

Brent crude LCOc1 settled down 27 cents, or 0.5 percent, at $49.32 a barrel. It rose to $50.51 in the previous session, its highest since early November.

For a full report, double click on O/R

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