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

Published 24/11/2016, 07:23 am
© Reuters.  RPT-UPDATE 1-New Zealand/Australia Morning Call-Global markets
USD/JPY
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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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CL
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US2YT=X
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US10YT=X
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(Repeats to additional subscribers, with no changes to text) ---------------------------------------------------------------- Snapshot at: 07:20 / 2020 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,484.36 +71.03 NZSX 50

6,851.45 +35.06 DJIA

19,064.89 +41.02 Nikkei

18,162.94 +56.92 NASDAQ

5,369.73 -16.62 FTSE

6,817.71 -2.01 S&P 500

2,201.85 -1.09 Hang Seng

22,676.69 -1.38 SPI 200 Fut

5,489.00 -7.00 STI

2,839.69 +17.49 SSEC

3,241.47 -6.88 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.752 +0.023 US 10 YR Bond

2.357 +0.038 NZ 10 YR Bond

3.210 +0.070 US 30 YR Bond

3.026 +0.018 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7385 0.7439 NZD US$

0.7002 0.7074 EUR US$

1.0550 1.0638 Yen US$

112.56 110.91 ---------------------------------------------------------------- Commodities Gold (Lon)

1,185.35

Silver (Lon)

16.35 Gold (NY)

1,211.86

Light Crude

47.99 TRJCRB Index

187.69 +0.12 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - The Dow hit an all-time high for the third straight day on Wednesday, helped by a record-setting surge in industrial stocks, but a drop in technology heavyweights kept the S&P 500 and the Nasdaq in negative territory.

At 12:27 a.m. ET (1727 GMT), the Dow Jones Industrial Average .DJI was up 27.18 points, or 0.14 percent, at 19,051.05, easing from an all-time high of 19,074.51.

For a full report, double click on .N

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LONDON - Britain's top share index ended flat on Wednesday after a choppy day, with individual sectors diverging as finance minister Philip Hammond delivered the biggest economic update since Britain voted in June to leave the European Union.

The FTSE 100 index .FTSE ended flat, after rising 0.6 percent in the previous session.

For a full report, double click on .L

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TOKYO - Japanese stocks edged up in choppy trade on Tuesday to close on a five-day winning streak, but gains were limited as investors opted not to take big positions before a national holiday in Japan.

The Nikkei .N225 rose 0.3 percent to 18,162.94, its highest close since early January.

For a full report, double click on .T

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SYDNEY - Australia's market looks set to take a breather and open flat, after being taken to month-highs in a two-day rally.

Local share price index futures YAPcm1 fell 0.1 percent to 5,489 points, a 4.6-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark closed up 1.35 percent on Wednesday.

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FOREIGN EXCHANGE

NEW YORK - The dollar surged to its highest since March 2003 on Wednesday, bolstered by upbeat U.S. economic reports that showed the economy on track for steady growth as they reinforced expectations of rate increases by the Federal Reserve next month and in 2017.

The dollar rose 1.2 percent against the yen to 112.51 JPY= ahead of Thursday's U.S. Thanksgiving holiday. It earlier hit an eight-month high of 112.97 yen. The euro, meanwhile, continued its descent, down 0.7 percent at $1.0550, after earlier touching a 19-month low.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields fell from multi-year highs on Wednesday after the Treasury Department saw very strong demand for an auction of seven-year notes, and after minutes from the Federal Reserve's November meeting contained no large surprises.

Two-year notes US2YT=RR fell 2/32 in price to yield 1.13 percent, after rising as high as 1.15 percent earlier, the highest since April 6 2010. U.S. benchmark 10-year Treasury notes US10YT=RR dropped 9/32 in price to yield 2.35 percent, after earlier rising to 2.42 percent, the highest since July 15, 2015.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold fell more than 2 percent to a 9-1/2-month low on Wednesday as a buoyant dollar extended its rally to the highest since 2003 on the back of upbeat U.S. economic data that further cemented a case for increasing interest rates next month.

Spot gold XAU= dropped 1.9 percent at $1,188.82 an ounce by 2:34 p.m. EST (1934 GMT), after falling 2.5 percent to $1,181.45, the lowest since since Feb. 10. U.S. gold futures GCcv1 settled down 1.8 percent at $1,189.30.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper surged on Wednesday to its highest in nearly two weeks as upbeat manufacturing data from the United States and the euro zone drove a wave of fund buying that reversed earlier weakness.

Three-month copper on the London Metal Exchange CMCU3 closed 2.2 percent higher at $5,739 a tonne, off a session low of $5,562 a tonne. Earlier it reached its highest since Nov. 11 at $5,786.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices turned positive on Wednesday despite investor doubts that OPEC will agree to a production cut large enough to make a significant dent in the global glut of crude.

In the U.S. market, West Texas Intermediate (WTI) crude oil futures CLc1 rose 8 cents to $48.11 a barrel by 12:35 p.m. EDT (1735 GMT) after trading between $47.40 and $48.43.

For a full report, double click on O/R

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