🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Shares

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

Published 27/07/2016, 07:47 am
© Reuters.  UPDATE 1-New Zealand/Australia Morning Call-Global markets

(Updates prices, table)

WELLINGTON, July 27 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:34 / 2134 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,537.47 +3.91 NZSX 50

7,310.39 -6.92 DJIA

18,473.75 -19.31 Nikkei

0.00 +0.00 NASDAQ

5,110.05 +12.42 FTSE

6,724.03 +13.90 S&P 500

2,169.18 +0.70 Hang Seng

22,129.73 +136.29 SPI 200 Fut

5,503.00 +12.00 STI

2,933.44 +3.59 SSEC

3,050.18 +34.35 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

1.960 +0.034 US 10 YR Bond

1.563 -0.010 NZ 10 YR Bond

2.265 +0.020 US 30 YR Bond

2.285 -0.004 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7506 0.7514 NZD US$

0.7059 0.7035 EUR US$

1.0983 1.1006 Yen US$

104.69 104.33 ---------------------------------------------------------------- Commodities Gold (Lon)

1,323.00

Silver (Lon)

19.62 Gold (NY)

1,315.15

Light Crude

42.92 TRJCRB Index

181.22 -0.09 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks were mixed on Tuesday as Federal Reserve policymakers kicked off a two-day interest rate meeting and investors braced for quarterly scorecards from Apple (NASDAQ:AAPL) and Twitter.

The Dow Jones industrial average .DJI dipped 0.1 percent to end at 18,473.75 and the S&P 500 .SPX edged up 0.03 percent to 2,169.18 after spending much of the day at a loss. The Nasdaq Composite .IXIC added 0.24 percent to 5,110.05.

For a full report, double click on .N

- - - -

LONDON - Britain's top share index ended slightly higher on Tuesday, driven by gains in lender Provident Financial PFG.L engineering firm GKN GKN.L and BT BT.L , though housebuilders fell after a series of price target cuts.

The blue chip FTSE 100 index .FTSE closed 0.2 percent higher at 6,724.03 points. The index is up about 16 percent since a post-Brexit slump, but is up only 12 percent in dollar terms because of a sharp decline in the sterling.

For a full report, double click on .L

- - - -

SYDNEY - Australian shares are set open marginally higher on Wednesday, lingering close to a near one-year high, as a stronger Wall Street supported the index.

Local share price index futures YAPcm1 rose 0.2 percent at 5,503, but that was a 33.5-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark, which hit a near one-year high on Monday, rose 0.1 percent on Tuesday.

- - - -

TOKYO - Japan's Nikkei share average fell to a near 2-week low on Tuesday as the yen firmed against the dollar ahead of the U.S. Federal Reserve's two-day policy meeting, hurting shares of exporters.

The Nikkei .N225 fell 1.4 percent to 16,383.04 points, its lowest closing level since July 13.

For a full report, double click on .T

- - - -

FOREIGN EXCHANGE

NEW YORK - The Japanese yen resched more than one-week highs against the U.S. dollar on Tuesday as traders reduced expectations of how much new stimulus authorities will inject into Japan's ailing economy.

The yen gained 1.7 percent against the dollar to 103.995 JPY= , its highest since July 14, before falling back to 104.64, up 1.08 percent on the day.

For a full report, double click on USD/

- - - -

TREASURIES

NEW YORK - U.S. Treasury short-dated yields held firm on Tuesday with the two-year note yield hovering at its highest in more than four weeks as the Federal Reserve began a two-day meeting that may produce clues on the timing of a possible interest rate hike.

The benchmark 10-year Treasury yield US10YT=RR was down 1 basis point at 1.565 percent, while the 30-year yield US30YT=RR slipped about half basis point to 2.283 percent.

The two-year yield US2YT=RR , which is sensitive to traders' view on Fed policy, was little changed at 0.762 percent after reaching 0.7780 percent, its highest since the Brexit referendum.

For a full report, double click on US/

- - - -

COMMODITIES

GOLD

NEW YORK - Gold rose on Tuesday as the dollar fell, but remained hemmed into a range at the start of a two-day U.S. Federal Reserve policy meeting which is being closely watched for clues on the outlook for U.S. interest rates.

Spot gold XAU= was up 0.4 percent at $1,319.96 an ounce by 2:35 p.m. EDT (1835 GMT), while U.S. gold futures GCv1 for August delivery settled up $1.30, or 0.1 percent, at $1,320.80.

For a full report, double click on GOL/

- - - -

BASE METALS

LONDON - Aluminium hit the lowest in a month on Tuesday while zinc and nickel touched one-week lows on market uncertainty ahead of the U.S. central bank meeting and as investors sold to book profits from a recent rally.

Three month aluminium CMAL3 on the London Metal Exchange dropped 0.8 percent to close at $1,592 a tonne, the weakest since June 24. Zinc CMZN3 , the best performing metal on the LME this year, ended down 0.9 percent at $2,229 a tonne, paring losses after touching $2,212, the lowest since July 18. Nickel CMNI3 finished the day 1.2 percent weaker at $10,350.

For a full report, double click on MET/L

- - - -

OIL

NEW YORK - U.S. crude prices fell on Tuesday, hitting three-month lows, on renewed worries of a glut while Brent settled higher due to its better fundamentals versus U.S. crude.

U.S. crude's West Texas Intermediate (WTI) futures CLc1 settled down 21 cents, or 0.5 percent, at $42.92 a barrel. It extended losses after the release of the API data, sliding more than 1 percent. During the session, WTI fell to as low as $42.36 earlier, its lowest since April 20.

Brent LCOc1 rose 15 cents, or 0.3 percent, to settle at $44.87 a barrel, and turned negative after the API data. During the session, Brent fell to $44.14, its lowest since May 10.

For a full report, double click on O/R

- - - -

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.