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New Zealand/Australia Morning Call-Global markets

Published 04/11/2016, 05:56 am
Updated 04/11/2016, 06:00 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
UK100
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US500
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JP225
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07:54 / 1854 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,225.55 -3.44 NZSX 50

6,778.94 -74.81 DJIA

17,953.14 -6.50 Nikkei

17,134.68 -307.72 NASDAQ

5,070.85 -34.72 FTSE

6,790.51 -54.91 S&P 500

2,091.87 -6.07 Hang Seng

22,683.51 -126.99 SPI 200 Fut

5,174.00 -18.00 STI

2,802.08 -5.06 SSEC

3,128.67 +25.94 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.328 +0.019 US 10 YR Bond

1.813 +0.014 NZ 10 YR Bond

2.765 +0.000 US 30 YR Bond

2.604 +0.039 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7682 0.7670 NZD US$

0.7328 0.7314 EUR US$

1.1105 1.1114 Yen US$

102.96 102.72 ---------------------------------------------------------------- Commodities Gold (Lon)

1,301.00

Silver (Lon)

18.33 Gold (NY)

1,296.89

Light Crude

44.73 TRJCRB Index

183.38 -0.91 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street fell modestly on Thursday, with the S&P 500 headed for its longest losing streak since the 2008 financial crisis, as Facebook (NASDAQ:FB) shares weighed and investors grappled with uncertainty over next week's U.S. presidential election. The S&P 500 SPX lost 6.01 points, or 0.29 percent, to 2,091.93 and the Nasdaq Composite IXIC dropped 35.25 points, or 0.69 percent, to 5,070.32.

For a full report, double click on .N

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LONDON - Britain's top share index fell on Thursday after the government lost a court case on how to trigger the process for leaving the European Union and the Bank of England shifted away from cutting interest rates further.

The blue chip FTSE 100 index .FTSE was down 0.8 percent at 6,790.51 points by the close, lagging the broader European market which was broadly positive.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average fell to a two-week low on Wednesday as worries over the U.S. presidential election prompted a recoil in global markets, with a stronger yen adding to the cautious mood.

The Nikkei .N225 fell 1.8 percent to 17,134.68, the lowest closing price since Oct. 19. It was the biggest daily drop since early August.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar stabilized from multi-week lows against a basket of major currencies on Thursday on reduced U.S. election fears after a poll showed U.S. Democratic presidential candidate Hillary Clinton maintained a narrow lead, while the Mexican peso rallied.

The dollar index .DXY , which measures the greenback against a basket of six major currencies, was down 0.09 percent on the day at 97.308. But that was an improvement from an earlier 0.3 percent drop to a more than three-week low of 97.041.

For a full report, double click on USD/

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TREASURIES

NEW YORK -

U.S. Treasury prices fell on Thursday, with long-dated bonds underperforming, after the Bank of England scrapped plans to cut interest rates and indicated that inflation is likely to rise further.

Benchmark 10-year notes US10YT=RR were last down 6/32 in price to yield 1.82 percent, up from 1.80 percent late on Wednesday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold edged higher on Thursday in response to a lower dollar and also uncertainty about the outcome of a tight U.S. presidential race.

U.S. gold futures GCcv1 fell 1.4 percent to $1,289.30.

For a full report, double click on GOL/

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BASE METALS

LONDON - Zinc prices climbed to their highest level in more than five years on Thursday, supported by a weaker dollar and buying from computer-driven speculative funds that also helped copper to a three-month high.

Benchmark zinc CMZN3 on the London Metal Exchange closed at $2,487 a tonne, up 2.5 percent, having earlier touched $2,494, its highest since August 2011.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices dipped on Thursday as investors were still reeling from a record weekly surge in U.S. crude inventories and many remained skeptical about whether OPEC will actually implement its planned output cap. U.S. crude CLc1 was down 82 cents, or 1.8 percent, at $44.52 per barrel. At one point, oil had fallen more than $1 a barrel and hit a session low of $44.37.

For a full report, double click on O/R

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