(Repeat to additional subscribers, no change to text) ---------------------------------------------------------------- Snapshot at: 10:55 / 2255 GMT ---------------------------------------------------------------- Stock Markets
NetChng
NetChng S&P/ASX 200
5,103.55 +37.31 NZSX 50
5,696.79 +13.27 DJIA
16,330.47 -179.72 Nikkei(18Sept)18,070.21 -362.06 NASDAQ
4,756.72 -72.23 FTSE
5,935.84 -172.87 S&P 500
1,942.74 -24.23 Hang Seng
0.00 +0.00 SPI 200 Fut
5,030.00 -66.00 STI
2,868.47 -13.80 SSEC
0.00 +0.00 ---------------------------------------------------------------- Bonds
NetChg
NetChg AU 10 YR Bond
2.699 -0.074 US 10 YR Bond
2.132 +0.000 NZ 10 YR Bond
3.295 -0.060 US 30 YR Bond
2.943 +0.000 ---------------------------------------------------------------- Currencies
1700GMT
1700GMT AUD US$
0.7072 0.7150 NZD US$
0.6284 0.6326 EUR US$
1.1129 1.1171 Yen US$
120.02 120.36 ---------------------------------------------------------------- Commodities Gold (Lon)
1,122.90
Silver (Lon)
14.76 Gold (NY)
1,124.60
Light Crude
46.55 TRJCRB Index
194.82 -2.03 ---------------------------------------------------------------- Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks dropped on Tuesday as a selloff in commodities dragged down materials companies while Volkswagen (XETRA:VOWG) suppliers' shares dropped following the German carmaker's emissions scandal.
The Dow Jones industrial average .DJI fell 179.72 points, or 1.09 percent, to 16,330.47, the S&P 500 .SPX lost 24.23 points, or 1.23 percent, to 1,942.74 and the Nasdaq Composite .IXIC dropped 72.23 points, or 1.5 percent, to 4,756.72.
For a full report, double click on .N
- - - -
LONDON - Britain's top share index retreated on Tuesday as weaker oil and metals prices weighed on commodity stocks, while motor insurer and repair group AA AAAA.L slumped after posting lower earnings.
The blue-chip FTSE 100 index .FTSE was down 2.8 percent at 5,935.84 points at its close, slightly outperforming European indexes.
For a full report, double click on .L
- - - -
TOKYO - Japanese markets were closed for a public holiday.
- - - -
SYDNEY - Australian shares are set to open lower on Wednesday tracking losses on Wall Street with the heavyweight resource sector likely to lead losses following a sharp drop in commodity prices.
Global miner BHP Billiton (LONDON:BLT) BHP.AX is expected to open lower after its U.S. ADRs BHP.N tumbled 2.7 percent. The giant miner will release its annual report later in the session.
Local share price index futures fell 1.3 percent to 5,030.0, a 73.6-point discount to the underlying S&P/ASX 200 index .AXJO close on Tuesday. The benchmark rose 0.7 percent in the last session.
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar hit a more than two-week high against the euro on Tuesday on continued belief that the Federal Reserve would hike rates this year while the European Central Bank could ease further.
The euro hit $1.11130, its lowest against the greenback since Sept. 4, following Fed officials' recent comments indicating that the U.S. central bank was still on track to raise interest rates this year for the first time since 2006.
For a full report, double click on USD/
- - - -
TREASURIES
NEW YORK - U.S. Treasuries prices rose on Tuesday as lingering worries about the global economy triggered a selloff in stock and commodity markets worldwide and revived safe-haven demand for lower-risk government debt.
Benchmark 10-year Treasuries notes US10YT=RR were up 24/32 in price, yielding 2.127 percent, down 9 basis points from Monday, while the 30-year bond US30YT=RR was up 1-30/32 points in price to yield 2.935 percent, down 10 basis points on the day.
For a full report, double click on US/
- - - -
COMMODITIES
GOLD
NEW YORK - Gold fell 1 percent on Tuesday as renewed expectations that the Federal Reserve will raise interest rates for the first time in nearly a decade lifted the dollar, while weakness in other commodities also pulled the market lower.
Spot gold XAU= was down 0.9 percent at $1,123.41 an ounce at 1358 GMT, while U.S. gold futures GCv1 for December delivery were down $9.80 an ounce at $1,123.00.
For a full report, double click on GOL/
- - - -
BASE METALS
LONDON - Funds raided copper again on Tuesday, pushing prices to three-week lows in the market's biggest single-day loss in more than two months on persistent worries about demand from top consumer China and a stronger dollar. Benchmark copper CMCU3 on the London Metal Exchange closed down 3.6 percent at $5,080 a tonne, its biggest one-day loss since July 7, when funds were again behind the fall.
For a full report, double click on MET/L
- - - -
OIL
NEW YORK - Oil prices fell on Tuesday after a one-day rally, with U.S. crude pulled down more than 2 percent by weaker stocks on Wall Street and skittish sentiment ahead of the expiry of the spot futures contract.
U.S. crude futures' October contract CLV5 , which will expire as the market's front-month at Tuesday's settlement, was down $1.18, or 2.5 percent, at $45.50 a barrel by 12:03 p.m. EDT. It had risen more than 4 percent on Monday.
The front-month in Brent LCOc1 , the global oil benchmark, was down 75 cents, or 1.5 percent, at $48.17.
For a full report, double click on O/R
- - - -