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

Published 17/08/2016, 07:36 am
© Reuters.  RPT-UPDATE 1-New Zealand/Australia Morning Call-Global markets
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SYDNEY, Aug 17 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:34 / 2134 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,531.98 -7.98 NZSX 50

7,310.67 -77.68 DJIA

18,552.02 -84.03 Nikkei

16,596.51 -273.05 NASDAQ

5,227.11 -34.90 FTSE

6,893.92 -47.27 S&P 500

2,178.15 -12.00 Hang Seng

22,910.84 -21.67 SPI 200 Fut

5,482.00 -6.00 STI

2,858.80 -8.41 SSEC

3,110.48 -14.72 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

1.926 +0.034 US 10 YR Bond

1.575 +0.023 NZ 10 YR Bond

2.180 +0.015 US 30 YR Bond

2.295 +0.019 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7695 0.7709 NZD US$

0.7276 0.7262 EUR US$

1.1273 1.1240 Yen US$

100.25 100.24 ---------------------------------------------------------------- Commodities Gold (Lon)

1,344.00

Silver (Lon)

19.77 Gold (NY)

1,338.91

Light Crude

46.58 TRJCRB Index

186.64 +1.49 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks eased from record highs on Tuesday after comments from Federal Reserve officials fueled speculation of an interest rate hike this year.

The Dow Jones industrial average .DJI was down 84.03 points, or 0.45 percent, to 18,552.02, the S&P 500 .SPX lost 12 points, or 0.55 percent, to 2,178.15 and the Nasdaq Composite .IXIC dropped 34.90 points, or 0.66 percent, to 5,227.11.

For a full report, double click on .N

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LONDON - Britain's top shares index slipped from a 14-month high on Tuesday as higher-than-expected UK inflation data weighed on the market.

The blue-chip FTSE 100 index .FTSE , which reached a 14-month high in the previous session, fell 0.7 percent to 6,893.92 points.

For a full report, double click on .L

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TOKYO - Japan's Nikkei dropped to a more than one-week low on Tuesday as selling accelerated in late trade after the dollar hit a one-month low against the yen.

The market also turned cautious before the release of a slew of U.S. economic data later in the day.

The Nikkei .N225 dropped 1.6 percent to 16,596.51, the lowest closing level since Aug. 5.

For a full report, double click on .T

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SYDNEY - Australian shares are seen lower on Wednesday, likely to be weighed at the open by negative leads from global markets and driven during the day by company results and wages data due for release.

Local share price futures YAPcm1 edged 0.1 percent lower to 5,482 overnight, a 50-point discount to the underlying S&P/ASX 200 index .AXJO . The benchmark closed 0.14 percent weaker on Tuesday.

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar hit its lowest levels in more than seven weeks against the euro, yen and Swiss franc on Tuesday a day after dovish comments from a top Federal Reserve official, but pared losses after remarks from the head of the New York Fed raised expectations for a rate hike this year.

The euro EUR= rose more than one percent against the dollar to a session high of $1.1322, while the dollar fell more than 1.5 percent against the yen JPY= to 99.56 yen and more than 1 percent against the Swiss franc CHF= to 0.9589 franc.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury prices slipped on Tuesday, with the two-year yield touching a near-three-week high as comments from two top Federal Reserve officials rekindled bets the U.S. central bank may raise interest rates by year-end if the economy improves further.

Benchmark 10-year Treasury notes US10YT=RR were down 6/32 in price for a yield of 1.575 percent, up 2 basis points from late on Monday.

The two-year yield US2YT=RR , which is sensitive to traders' views on Fed policy, was up 2 basis points at 0.750 percent.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold cut its gains on Tuesday after mixed U.S. economic data failed to give clarity on the prospects for a U.S. interest rate rise this year and the U.S. dollar pared losses from a seven-week low.

Spot gold XAU= was up 0.7 percent at $1,347.95 an ounce by 3:07 p.m. EDT (1907 GMT), retreating from an earlier 1.3-percent gain.

U.S. gold GCcv1 settled up 0.7 percent at $1,356.90.

For a full report, double click on GOL/

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BASE METALS

LONDON - Aluminium hit a month high and copper also gained on Tuesday as speculators bought up metals after signals that U.S. interest rates might remain on hold put the dollar under pressure.

London Metal Exchange benchmark copper CMCU3 closed 0.9 percent firmer at $4,811 a tonne after finishing slightly firmer on Monday and touching a one-month low of $4,750.50 on Friday.

Three-month LME aluminium CMAL3 ended up 1 percent at $1,693, the highest since July 15.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil settled up nearly 2 percent on Tuesday, hitting five-week highs for a second straight day as sources at OPEC spoke of Saudi Arabia's apparent desire for higher crude prices while Russia met the producer group to discuss the market.

Brent crude LCOc1 settled up 88 cents, or 1.8 percent, at $49.23 a barrel. It rose more after settlement, reaching $49.36, its highest since July 7.

U.S. West Texas Intermediate crude CLc1 rose 84 cents, or 1.8 percent, to settle at $46.58. It reached $46.73 after settlement, its highest since July 12.

For a full report, double click on O/R

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