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New Zealand/Australia Morning Call-Global markets

Published 23/11/2016, 05:27 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
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07:24 / 1824 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,413.33 +62.00 NZSX 50

6,816.39 -32.56 DJIA

18,994.63 +37.94 Nikkei

18,162.94 +56.92 NASDAQ

5,380.17 +11.31 FTSE

6,819.72 +41.76 S&P 500

2,198.92 +0.74 Hang Seng

22,678.07 +320.29 SPI 200 Fut

5,422.00 +1.00 STI

2,822.20 +5.53 SSEC

3,249.58 +31.43 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.663 -0.012 US 10 YR Bond

2.307 -0.030 NZ 10 YR Bond

3.075 -0.010 US 30 YR Bond

2.997 -0.014 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7391 0.7380 NZD US$

0.7046 0.7056 EUR US$

1.0616 1.0611 Yen US$

111.04 111.01 ---------------------------------------------------------------- Commodities Gold (Lon)

1,212.25

Silver (Lon)

16.62 Gold (NY)

1,213.66

Light Crude

47.54 TRJCRB Index

187.04 -0.26 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - The three major U.S. stocks hit record intraday highs for the second straight day on Tuesday, with the Dow topping 19,000, before pulling back sharply as healthcare stocks tumbled.

At 12:18 a.m. ET (1718 GMT), the Dow Jones Industrial Average .DJI was up 14.52 points, or 0.08 percent, at 18,971.21. It hit an all-time high of 19,014.73.The S&P 500 .SPX was down 2.35 points, or 0.11 percent, at 2,195.83, reversing course after hitting a high of 2,203.56.

For a full report, double click on .N

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LONDON - Britain's top share index rose on Tuesday, buoyed by record-highs reached by Wall Street and a rally in mining shares.

The FTSE 100 .FTSE ended up 0.6 percent. Traders cited renewed enthusiasm for equities after the three main U.S. indexes and small-cap Russell index all closed at record highs for the first time since December 1999. Wall Street again posted record highs at the open on Tuesday before paring gains.

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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FOREIGN EXCHANGE

NEW YORK - The dollar resumed its uptrend on Tuesday, helped by a surge in U.S. existing home sales last month that further cemented expectations not only of a Federal Reserve interest rate hike in December, but also of further tightening next year.

The dollar index rose 0.1 percent to 101.19 .DXY as the euro fell 0.3 percent against the dollar to $1.0598 EUR= . The shared currency was not far from a nearly one-year low against the dollar hit last week.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasuries were relatively steady on Tuesday before the U.S. Treasury Department is due to sell $34 billion in five year notes, after two-year note yields earlier on Tuesday rose to more than six-year highs.

Benchmark 10-year note yields US10YT=RR were last little changed on the day to yield 2.31 percent.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold edged lower on Tuesday after U.S. equities hit all-time highs on market expectations for higher growth and more spending from a Donald Trump presidency.

Spot gold XAU= was down 0.3 percent at $1,210.37 an ounce by 1517 GMT. The previous day, bullion advanced 0.4 percent to snap three sessions of losses.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper hit a one-week high on Tuesday, powered by signs of tighter supply and as investors betting on rising U.S. inflation and a further depreciation of the yuan bought the metal as a hedge.

London Metal Exchange copper CMCU3 ended up 1 percent at $5,613 a tonne after hitting a one-week high of $5,687 earlier. Traders noted fresh buying by momentum-based funds.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil turned negative in volatile trade on Tuesday on worries Iran and Iraq were not ready to agree on an OPEC output freeze after prices earlier rose to the highest level this month on reports cartel members had overcome their internal disputes.

Brent futures LCOc1 were down 41 cents, or 0.8 percent, at $48.49 a barrel at 12:34 p.m. EST (1734 GMT). U.S. crude CLc1 fell 77 cents, or 1.6 percent, to $47.47 per barrel. Brent came within 4 cents of $50 earlier in the session, its highest since Oct. 28.

For a full report, double click on O/R

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