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

Published 12/12/2016, 07:37 am
Updated 12/12/2016, 07:40 am
© Reuters.  UPDATE 1-New Zealand/Australia Morning Call-Global markets
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AXJO
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(Adds Australian shares) ---------------------------------------------------------------- Snapshot at: 07:36 / 2036 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,560.62 +16.99 NZSX 50

6,893.30 -22.71 DJIA

19,756.85 +142.04 Nikkei

18,996.37 +230.90 NASDAQ

5,444.50 +27.14 FTSE

6,954.21 +22.66 S&P 500

2,259.53 +13.34 Hang Seng

22,760.98 -100.86 SPI 200 Fut

5,582.00 +23.00 STI

2,956.13 -2.73 SSEC

3,232.07 +16.70 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.891 +0.054 US 10 YR Bond

2.466 +0.000 NZ 10 YR Bond

3.345 +0.040 US 30 YR Bond

3.155 +0.000 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7448 0.7467 NZD US$

0.7130 0.7174 EUR US$

1.0536 1.0612 Yen US$

115.22 114.44 ---------------------------------------------------------------- Commodities Gold (Lon)

1,163.60

Silver (Lon)

16.86 Gold (NY)

1,157.74

Light Crude

51.50 TRJCRB Index

191.98 +0.57 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Major U.S. stock indexes powered to another day of fresh record highs on Friday, with the S&P 500 ending the week up 3 percent, as investors bid up shares in sectors that have lagged in the month-long rally since Donald Trump's presidential election.

The Dow Jones industrial average .DJI rose 142.04 points, or 0.72 percent, to 19,756.85, the S&P 500 .SPX gained 13.34 points, or 0.59 percent, to 2,259.53 and the Nasdaq Composite .IXIC added 27.14 points, or 0.5 percent, to 5,444.50.

The S&P 500 notched its sixth straight day of gains, leaving it up 10.5 percent for the year.

For a full report, double click on .N

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LONDON - Britain's top stock index recorded its biggest weekly rise in five months, with a late boost on Friday when Sky SKYB.L shares surged by more than 25 percent on a takeover approach from Twenty-First Century Fox FOXA.O .

Sky helped the blue-chip FTSE 100 .FTSE to close 0.3 percent higher, taking the index's total gains for the week to more than 3 percent - the biggest weekly rise since early July.

For a full report, double click on .L

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TOKYO - Japanese stocks rose to their highest level in a year on Friday, supported by Wall Street gains and solid buying of exporters on the back of a weaker yen.

The benchmark Nikkei .N225 gained 1.2 percent to 18,996.37, the highest closing level since December 2015.

For a full report, double click on .T

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SYDNEY - Australian shares are seen edging higher at the open on Monday, taking a lead from U.S. equities markets, where the 'Trump-bump' rally continues push stocks upward.

Local share price futures added 0.4 percent over the weekend to 5,582 points, a 21.4-point premium to the underlying S&P/ASX 200 index .AXJO . The benchmark gained 2.13 percent last week.

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FOREIGN EXCHANGE

NEW YORK - The euro dropped on Friday for a second consecutive day in a continued reaction to the European Central Bank's extending its bond-buying program longer than many had anticipated, even as the bank cut the size of the monthly purchases.

The euro EUR= dropped to $1.0528, its lowest level since Monday, and was last down 0.69 percent at $1.0541.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields climbed on Friday with benchmark yields marking a fifth consecutive week of increases on stronger-than-forecast data on China inflation and U.S. consumer sentiment ahead of $56 billion in government debt supply next week.

The benchmark 10-year Treasury note yield US10YT=RR was last at 2.467 percent, up 8 basis points from Thursday and not far from a near 1-1/2 year peak set on Dec. 1.

The yield on 30-year bonds touched 3.171 percent, its highest since July 2015 before edging down to 3.159 percent in late trading, up 7 basis points on the day.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold fell to its lowest in 10 months on Friday as the dollar and global equities rose, and was headed for a fifth straight weekly decline on expectations of a Federal Reserve interest rate hike next week.

Spot gold XAU= was down 1 percent at $1,158.54 an ounce by 2:48 p.m. EST (1948 GMT), after falling to $1,156.05, the lowest since early February, as U.S. 10-year Treasury yields hit session highs.

U.S. gold GCcv1 futures for February delivery settled down 0.9 percent at $1,161.90.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper ended the week higher on Friday after robust data from China offered more evidence the world's second biggest economy is recovering, even though moves by Chinese authorities to tame speculation made some cautious.

Three-month copper on the London Metal Exchange CMCU3 ended up 0.7 percent at $5,825 a tonne, clocking a 1 percent gain for the week.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices rose about 1 percent on Friday on hopes that non-OPEC producers meeting in Vienna over the weekend would agree to output restrictions following limits OPEC announced last week to curb an oil glut.

U.S. crude's West Texas Intermediate (WTI) futures CLc1 ended the session at $51.50 a barrel, up 66 cents or 1.30 percent, after trading narrowly between $50.86 and $51.66.

Brent crude LCOc1 closed up 44 cents, or 0.82 percent, at $54.33 per barrel after dealing between $53.77 and $54.46.

For a full report, double click on O/R

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