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New Zealand/Australia Morning Call-Global markets

Published 12/10/2015, 05:29 am
Updated 12/10/2015, 05:39 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
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US10YT=X
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-----------------------(07:20 / 1820 GMT)-----------------------

Stock Markets

NetChng

NetChng S&P/ASX 200

5,279.69 +69.29 NZSX 50

5638.79 +13.01 DJIA

17,084.49 +33.74 Nikkei

18,438.67 +297.50 NASDAQ

4,830.47 +19.68 FTSE

6,416.16 +41.34 S&P 500

2,014.89 +1.46 Hang Seng

22,458.80 +103.89 SPI 200 Fut

5,249.00 -18.00 STI

2,998.50 +51.47 SSEC

3,183.52 +40.16

Bonds

NetChg

NetChg AU 10 YR Bond

2.717 +0.000 US 10 YR Bond

2.090 +0.000 NZ 10 YR Bond

3.460 +0.000 US 30 YR Bond

2.922 +0.000 ---------------------------------------------------------------- - Currencies

1700GMT

1700GMT AUD US$

0.7317 0.7284 NZD US$

0.6678 0.6679 EUR US$

1.1352 1.1280 Yen US$

120.22 120.14 ---------------------------------------------------------------- - Commodities Gold (Lon)

1,151.55

Silver (Lon)

15.82 Gold (NY)

1,157.13

Light Crude

49.63 TRJCRB Index

202.69 +1.39 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks closed slightly higher on Friday, ending the S&P 500's best week for 2015 on a quiet note as investors waited for U.S. companies to report third-quarter earnings.

The Dow Jones industrial average .DJI rose 33.74 points, or 0.2 percent, to 17,084.49, the S&P 500 .SPX gained 1.46 points, or 0.07 percent, to 2,014.89 and the Nasdaq Composite .IXIC added 19.68 points, or 0.41 percent, to 4,830.47.

For a full report, double click on .N

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LONDON - Britain's top share index posted its biggest weekly gain since 2011 on Friday, as minutes of a Federal Reserve meeting suggested it was not about to raise interest rates and mining stocks rallied after Glencore (L:GLEN) GLEN.L cut back zinc production.

Britain's FTSE .FTSE index was up 41.34 points, or 0.7 percent, at 6,416.16 points at the close, up 4.7 percent for the week, setting its biggest weekly gain since December 2011.

For a full report, double click on .L

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TOKYO - Japanese stocks rose on Friday as commodities and materials rebounded and expectations the U.S. Federal Reserve might raise interest rates this year were further eroded by minutes from the Fed's September meeting.

The Nikkei share average jumped 1.6 percent to 18,438.67 to end the week up by 4 percent, its first weekly gain since the week ended September 11.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar hit multi-week lows against the euro and Swiss franc on Friday, the day after minutes from the Federal Reserve's September meeting bolstered expectations for a later interest rate hike, while growth-linked currencies surged.

The dollar index .DXY , which measures the greenback against a basket of six major currencies, was set for its second straight week of losses after the minutes focused on external factors depressing the outlook for inflation.

For a full report, double click on USD/

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TREASURIES

NEW YORK - Prices on longer-dated U.S. Treasuries rose on Friday in light, choppy trading, as several Federal Reserve officials hinted that an interest rate increase later this year remains possible even after the soft September payrolls report.

Benchmark 10-year Treasuries US10YT=RR prices erased losses to trade up 4/32 with a yield of 2.093 percent, down 1.5 basis points from late on Thursday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rose to a seven-week high on Friday after minutes from the Federal Reserve's last policy meeting showed the U.S. central bank was in no hurry to raise interest rates, pressuring the U.S. dollar.

Spot gold XAU= was up 1.6 percent at $1,156.70 an ounce at 2:44 p.m. EDT (1844 GMT), after touching a peak of $1,159.80, its highest since Aug. 24. It is on course to gain 1.5 percent this week.

For a full report, double click on GOL/

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BASE METALS

LONDON - Zinc surged 12 percent to a two-month peak on Friday and other base metals also rose strongly after commodities group Glencore said it would cut its zinc output by a third, sparking a short-covering rally across the board.

Copper CMCU3 climbed 3 percent to finish at $5,290 a tonne while aluminium CMAL3 gained 3.3 percent to end at $1,613.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices remained little changed in choppy trade on Friday as traders flip-flopped between the negative fundamentals of persistent oversupply and support cushions from a sixth weekly decline in U.S. oil rig counts.

U.S. crude CLc1 closed up 20 cents at $49.63, the highest settle since late July, while Brent crude LCOc1 ended 40 cents down at $52.65 on Friday.

For a full report, double click on O/R

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