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

Published 22/09/2016, 07:37 am
© Reuters.  UPDATE 1-New Zealand/Australia Morning Call-Global markets
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(Repeats without change for additional subscribers)

WELLINGTON, Sept 22 (Reuters) - - -------------------------------------------------------------- Snapshot at: 07:27 / 2127 GMT --------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,339.56 +35.99 NZSX 50

7,281.17 -27.28 DJIA

18,293.70 +163.74 Nikkei

16,807.62 +315.47 NASDAQ

5,295.18 +53.83 FTSE

6,834.77 +3.98 S&P 500

2,163.12 +23.36 Hang Seng

23,669.90 +139.04 SPI 200 Fut

5,355.00 +32.00 STI

2,850.74 -3.95 SSEC

3,025.48 +2.48 --------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.135 -0.057 US 10 YR Bond

1.655 -0.032 NZ 10 YR Bond

2.575 -0.055 US 30 YR Bond

2.378 -0.051 --------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7633 0.7564 NZD US$

0.7349 0.7306 EUR US$

1.1186 1.1140 Yen US$

100.36 102.23 --------------------------------------------------------------- Commodities Gold (Lon)

1,326.10

Silver (Lon)

19.80 Gold (NY)

1,314.60

Light Crude

45.34 TRJCRB Index

184.86 +1.89

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

EQUITIES

NEW YORK - Wall Street racked up gains on Wednesday after the U.S. Federal Reserve kept interest rates unchanged, for now leaving intact the low-rate environment that has helped underpin the bull market.

The Dow Jones industrial average .DJI rose 163.74 points, or 0.9 percent, to 18,293.7, the S&P 500 .SPX gained 23.36 points, or 1.09 percent, to 2,163.12 and the Nasdaq Composite .IXIC added 53.83 points, or 1.03 percent, to 5,295.18.

For a full report, double click on .N

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LONDON - Britain's top shares index rose, buoyed by its banks after the Bank of Japan's overhaul of its monetary policy framework boosted financial stocks around the world.

The blue-chip FTSE 100 index .FTSE closed up 0.1 percent at 6,834.77 points, with the index up around 10 percent so far in 2016.

For a full report, double click on .L

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TOKYO - Japanese stocks rose nearly 2 percent after the Bank of Japan overhauled its monetary policy, potentially easing pressure on banks and insurers.

Investors also hoped the BOJ's revamped plan would see it buying a greater variety of exchange-traded funds.

The benchmark Nikkei average .N225 ended up 1.9 percent, its biggest one-day percentage rise since Aug. 29, at 16,807.62 points.

For a full report, double click on .T

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SYDNEY - Australian shares are expected to open higher on Thursday, headed for a third straight day of gains, as investors cheer the U.S. Federal Reserve's overnight decision to put off a rate hike.

The local share price index futures YAPcm1 rose 32 points to 5,355.0 in early trading, a 16-point premium to the underlying S&P/ASX 200 index .AXJO . The benchmark closed up 0.7 percent a day earlier.

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar extended losses against a basket of major currencies after the U.S. Federal Reserve left monetary policy unchanged and projected a less aggressive rise of interest rates in coming years.

The dollar index .DXY , which measures the greenback against a basket of six major currencies, extended its decline to a five-day low of 95.515, off more than 0.50 percent and down from a more than six-week high of 96.333 touched earlier.

The dollar fell to a 3-1/2 week low of 100.37 yen, off 1.3 percent on the day, after the Fed decision.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields fell after the Federal Reserve downgraded its economic growth forecast and lowered its projection for interest rate levels needed to support expansion.

In late trading, benchmark 10-year Treasury notes US10YT=RR rose 9/32 in price for a yield of 1.655 percent, down 3 basis points from a day earlier.

The two-year Treasury yield US2YT=RR , which is most sensitive to traders' views on Fed policy, was flat on the day at 0.778 percent after touching 0.848 percent, its highest level in more than three weeks,

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold prices rose to 1-1/2-week highs on Wednesday, extending gains after the U.S. Federal Reserve held interest rates unchanged but sent a strong signal for monetary policy tightening before the end of 2016.

Spot gold XAU= was up 1.2 percent at $1,330.08 an ounce by 2:58 p.m. EDT (1858 GMT), after rising to $1,335.01 an ounce, the highest since Sept. 9.

U.S. gold futures GCcv1 settled up 1 percent at $1,331.40 prior to the release of the Fed statement.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper retreated as profit-taking knocked it from four-week highs before a key U.S. Federal Reserve policy meeting later on Wednesday.

Benchmark copper on the London Metal Exchange CMCU3 ended 0.6 percent lower at $4,763 a tonne, paring small gains made in the previous session.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices rose as much as 3 percent after a third surprise weekly drop in U.S. crude stockpiles boosted the demand outlook in the world's largest oil consumer.

Brent crude futures LCOc1 settled up 95 cents, or 2 percent, at $46.83 per barrel. U.S. West Texas Intermediate crude futures CLc1 rose $1.29, or 2.9 percent, to settle at $45.34.

For a full report, double click on O/R

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