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

Published 27/01/2016, 07:58 am
© Reuters.  UPEATE 1-New Zealand/Australia Morning Call-Global markets
USD/JPY
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USD/CAD
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XAU/USD
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US500
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DJI
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AXJO
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JP225
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HK50
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---------------------------------------------------------------- Snapshot at: 07:54 / 2054 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200* 5,006.56 +90.61 NZSX 50

6,142.16 -33.00 DJIA

16,147.48 +262.26 Nikkei

16,708.90 -402.01 NASDAQ

4,560.98 +42.49 FTSE

5,911.46 +34.46 S&P 500

1,901.14 +24.06 Hang Seng

18,860.80 -479.34 SPI 200 Fut

4,951.00 +52.00 STI

2,545.61 -37.03 SSEC

2,751.03 -187.49 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.686 -0.062 US 10 YR Bond

2.006 -0.016 NZ 10 YR Bond

3.270 -0.030 US 30 YR Bond

2.794 -0.008 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7015 0.6927 NZD US$

0.6506 0.6439 EUR US$

1.0856 1.0854 Yen US$

118.41 117.81 ---------------------------------------------------------------- Commodities Gold (Lon)

1,113.60

Silver (Lon)

14.50 Gold (NY)

1,107.66

Light Crude

31.26 TRJCRB Index

162.68 +2.22

* Monday's close - Australian markets were shut on Tuesday for a public holiday ----------------------------------------------------------------

EQUITIES

NEW YORK - Wall Street rebounded sharply on Tuesday, driven by a surge in oil prices and strong results from multinationals 3M, Johnson & Johnson (N:JNJ) and Procter & Gamble.

At 2:48 pm, the Dow Jones industrial average .DJI was up 245.95 points at 16,131.17 and the S&P 500 .SPX gained 21.43 points to 1,898.51. The Nasdaq Composite .IXIC added 0.89 percent to 4,558.63.

For a full report, double click on .N

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LONDON - European stocks gained on Tuesday after early losses, with commodities stocks rebounding after oil rose towards $31 on hopes of an agreement to deal with supply glut and metals prices gaining ground on speculative buying.

The European basic resources index .SXPP rose 4.4 percent after copper and zinc prices hit multi-week peaks as speculators bought back short positions ahead of a holiday break in top metals consumer China.

For a full report, double click on .L

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TOKYO - Japanese stock indexes tumbled more than 2 percent on Tuesday as investors took profits on a two-day bounce after concerns about global growth were revived as oil prices slid below $30 per barrel once again.

The Nikkei share average .N225 fell 2.4 percent to 16,708.90.

For a full report, double click on .T

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SYDNEY - Australian stocks could open higher on Wednesday following a rebound on Wall Street and with energy firms set to benefit from a jump in oil prices.

Stock index futures YAPcm1 rose 1.0 percent to 4,950.2, but were still at a 56.6-point discount to the underlying S&P/ASX 200 index .AXJO . The benchmark closed 1.8 percent higher on Monday, ahead of a public holiday on Tuesday.

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FOREIGN EXCHANGE

NEW YORK - A recovery in oil prices pushed the dollar higher against the safe-haven yen and Swiss franc on Tuesday, but it fell overall as sterling rose and the oil-linked Canadian dollar surged.

The dollar gained 0.1 percent against the yen to 118.40 JPY= . It fell 1.5 percent against the loonie to C$1.4083 CAD=D4 , a two-week low.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury debt prices were slightly higher on Tuesday as the Federal Reserve began its two-day meeting, with investors anticipating the meeting would conclude with a dovish statement by the central bank saying it will not raise rates as many times as it hoped it would this year.

The benchmark 10-year note US10YT=RR was last up 7/32 in price to yield 1.999 percent, down from 2.022 percent late Monday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rose to a 12-week high on Tuesday, shrugging off strong stocks with nervous investors moving into safe havens as the U.S. Federal Reserve began a two-day meeting expected to give clues about the timing of the next interest rate increase.

Spot gold XAU= was up 1.3 percent at $1,121.80 an ounce at 1916 GMT, the highest since Nov. 4. U.S. gold futures GCv1 for February delivery settled up 1.3 percent at $1,120.20 an ounce, the highest since early November.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper and zinc both gained on Tuesday as speculators scrambled to buy back short positions ahead of a holiday break in top metals consumer China and as oil prices bounced back.

Three-month zinc on the London Metal Exchange CMZN3 was the biggest gainer, jumping 4.9 percent to close at $1,589 a tonne, the highest in three weeks and the biggest one-day gain in over three months.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices ended more than 4 percent higher on Tuesday as investors hoped OPEC and non-OPEC producers were inching closer to a deal to reduce output amid one of the biggest supply gluts in decades.

Brent crude LCOc1 settled up $1.30, or 4.26 percent, at $31.80 a barrel, rebounding from a decline at the start of the session to top out at $32.72.

U.S. crude CLc1 settled $1.11, or 3.7 percent higher, at $31.45 a barrel, almost a $1 off its high of $32.41.

For a full report, double click on O/R

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