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

Published 28/06/2016, 07:27 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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GC
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HG
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LCO
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CL
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IXIC
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US10YT=X
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(Updates with fresh numbers throughout, adds Sydney preopen) ---------------------------------------------------------------- Snapshot at: 07:15 / 2115 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,137.23 +24.05 NZSX 50

6,686.93 +19.15 DJIA

17,140.24 -260.51 Nikkei

15,309.21 +357.19 NASDAQ

4,594.44 -113.54 FTSE

5,982.20 -156.49 S&P 500

2,000.54 -36.87 Hang Seng

20,227.30 -31.83 SPI 200 Fut

5,001.00 -67.00 STI

2,729.85 -5.54 SSEC

2,895.52 +41.24 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

1.980 -0.081 US 10 YR Bond

1.445 -0.135 NZ 10 YR Bond

2.330 -0.060 US 30 YR Bond

2.274 -0.154 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7332 0.7414 NZD US$

0.6992 0.7070 EUR US$

1.1023 1.1037 Yen US$

101.94 101.98 ---------------------------------------------------------------- Commodities Gold (Lon)

1,324.55

Silver (Lon)

17.72 Gold (NY)

1,315.48

Light Crude

46.33 TRJCRB Index

187.57 -1.12 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street tumbled again on Monday after Britain's shock vote to leave the European Union, sending major U.S. stock indexes to their worst two-day swoon in about 10 months.

The Dow Jones industrial average .DJI fell 260.51 points, or 1.5 percent, to 17,140.24, the S&P 500 .SPX lost 36.87 points, or 1.81 percent, to 2,000.54 and the Nasdaq Composite .IXIC dropped 113.54 points, or 2.41 percent, to 4,594.44.

For a full report, double click on .N

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LONDON - Britain's top share index extended the previous session's steep losses on Monday as the country's vote last week to leave the European Union hurled it into political and economic uncertainty, hitting banks, housebuilders and airlines hard.

The FTSE 100 .FTSE ended 2.6 percent lower at 5,982.20 points, taking total losses to 5.6 percent in two sessions and wiping off nearly 100 billion pounds ($132 billion) since the referendum results early on Friday.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average recouped some of last week's steep declines on Monday, as government officials stepped up warnings that they may intervene in currency markets to stabilise the yen after Britain voted to leave the European Union.

The Nikkei .N225 rose 2.4 percent to 15,309.21, after diving 7.9 percent on Friday.

For a full report, double click on .T

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SYDNEY - Australia's shares are set to fall on Tuesday, tracking global equities on concerns about Brexit.

The local share price futures fell 1.3 percent to 5,001 overnight, sitting at a discount of 136.2 points to the underlying S&P/ASX 200 index .AXJO . The benchmark rose 0.5 percent on Monday.

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FOREIGN EXCHANGE

NEW YORK - The British pound fell to a 31-year low against the U.S. dollar on Monday on anxiety over the aftermath of Britain's decision to quit the European Union, while the euro also dipped.

Sterling hit $1.3122 GBP=D4 , its lowest level since mid-1985 and marking a roughly 11.7 percent fall from the currency's closing level on June 23, the day of the referendum.

For a full report, double click on USD/

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TREASURIES

NEW YORK - The U.S. Treasury debt market rallied on Monday with benchmark yields hovering near four-year lows in a global scramble for safe-haven investments following Britain's stunning vote to leave the European Union.

Benchmark 10-year notes US10YT=RR gained 1-4/32 in price to yield 1.455 percent, down 12 basis points from Friday. The 10-year yield booked its steepest two-day drop since November 2011, Reuters data showed.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rose on Monday, staying close to the more than two-year high hit on Friday as uncertainty over Britain's vote to leave the European Union pushed investors to sell equities and seek safer assets.

Spot gold XAU= rose as much as 1.5 percent to a session high of $1,335.30 an ounce and was up 0.7 percent at $1,325.01 by 1359 GMT. It rallied 8 percent to $1,358.20 at one stage on Friday, the highest price since March 2014.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper rose on Monday as funds and traders reversed short-term bets of lower prices on expectations of economic stimulus, while a stronger dollar knocked the price of other metals.

Benchmark copper CMCU3 on the London Metal Exchange closed up 0.3 percent at $4,710 a tonne, making up some of the ground it had lost on Friday.

For a full report, double click on MET/L

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OIL

NEW YORK - Crude prices tumbled nearly 3 percent on Monday, with Brent hitting seven-week lows, as a rallying dollar and market uncertainty over Britain's shocking vote to exit the European Union threatened to sap more strength from oil's rebound this year.

Brent LCOc1 settled down $1.25, or 2.6 percent, at $47.16 a barrel. It fell to a seven-week low of $46.69 during the session. U.S. crude CLc1 fell $1.31, or 2.8 percent, to settle at $46.33.

For a full report, double click on O/R

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