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New Zealand/Australia Morning Call-Global markets

Published 09/02/2017, 04:44 am
Updated 09/02/2017, 04:50 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
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06:42 / 1742 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,651.37 +29.45 NZSX 50

7,066.27 DJIA

20,037.35 -52.94 Nikkei

19,007.60 +96.82 NASDAQ

5,668.67 -5.55 FTSE

7,188.82 +2.60 S&P 500

2,290.86 -2.22 Hang Seng

23,485.13 +153.56 SPI 200 Fut

5,590.00 -8.00 STI

3,066.53 -5.11 SSEC

3,167.45 +14.36 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.673 -0.027 US 10 YR Bond

2.329 -0.060 NZ 10 YR Bond

3.285 +0.005 US 30 YR Bond

2.950 -0.069 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7645 0.7627 NZD US$

0.7317 0.7286 EUR US$

1.0701 1.0666 Yen US$

111.71 112.42 ---------------------------------------------------------------- Commodities Gold (Lon)

1,242.10

Silver (Lon)

17.76 Gold (NY)

1,233.64

Light Crude

52.39 TRJCRB Index

192.51 +1.13 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks were little changed late Wednesday morning as investors assessed a flood of quarterly earnings reports.

At 11:11 a.m. ET (1611 GMT), the Dow Jones Industrial Average .DJI was down 25.81 points, or 0.13 percent, at 20,064.48; the S&P 500 .SPX was up 0.59 points, or 0.02 percent, at 2,293.67 and the Nasdaq Composite .IXIC was up 4.68 points, or 0.08 percent, at 5,678.90.

For a full report, double click on .N

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LONDON - The UK blue chip index .FTSE closed up 0.2 percent at 7,186.22 points on Tuesday, boosted by a weak sterling and a surge in services company DCC DCC.L , while UK mid-caps posted a record closing level.

For a full report, double click on .L

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TOKYO -

Japan's Nikkei share average edged up on Wednesday, swinging away from earlier losses as the yen's recent rise against the dollar stalled and upbeat earnings helped shore up market sentiment.

The Nikkei .N225 closed 0.5 percent higher at 19,007.60.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The euro fell another third of a percent against the dollar on Wednesday, as concerns around a resurgence in political risk to the single currency project drove its worst run of daily losses in almost two months.

The yen, however, inched up to 112.20 per dollar JPY= , a move towards the perceived security of Japan pointing to the growth in concerns around global political risks and the Trump presidency that has dominated recent days.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields fell to their lowest levels in multiple weeks on Wednesday with 5-year note yields hitting their lowest since Dec. 8 as a flight to safety and technical positioning encouraged investors to buy U.S. government debt.

The 10-year note US10YT=RR was last up 11/32 in price to yield 2.349 percent, down 4 basis points from its late Tuesday levels.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rallied on Wednesday, hitting a fresh three month peak as political risks posed by elections in Europe and worries over U.S. President Donald Trump's policies stoked safe haven demand.

Spot gold XAU= rose 0.7 percent to $1,241.70 per ounce by 1508 GMT, having earlier touched its highest since Nov. 11 at $1,244.67.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper prices rose on Wednesday after the world's top two mines said strikes and permit delays would force them to cut output, squeezing global supply.

Three-month copper on the London Metal Exchange CMCU3 closed up 1.7 percent at $5,895 a tonne, erasing a decline of 0.9 percent in the previous session.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices rose on Wednesday as investors covered short positions when a big rise in U.S crude inventories was not as massive as many had feared, and as gasoline futures got a boost from a surprise decline in inventories of the fuel.

International Brent crude futures LCOc1 were trading at $54.48 per barrel by 11:15 a.m. EST (1614 GMT), up 43 cents or 0.8 percent from their previous close. U.S. West Texas Intermediate (WTI) crude CLc1 was at $52.52 a barrel, up 35 cents or 0.7 percent.

For a full report, double click on O/R

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