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New Zealand/Australia Morning Call-Global markets

Published 15/02/2017, 06:17 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
USD/JPY
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UK100
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XAU/USD
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US500
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AXJO
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JP225
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GM
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08:12 / 1912 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

0.00 +0.00 NZSX 50

7,150.89 +15.39 DJIA

20,488.29 +76.13 Nikkei

19,238.98 -220.17 NASDAQ

5,780.61 +16.65 FTSE

7,268.56 -10.36 S&P 500

2,336.49 +8.24 Hang Seng

23,703.01 -7.97 SPI 200 Fut

5,725.00 +23.00 STI

3,072.47 -39.16 SSEC

3,218.38 +1.55 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.793 +0.044 US 10 YR Bond

2.473 +0.039 NZ 10 YR Bond

3.275 +0.010 US 30 YR Bond

3.064 +0.030 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7647 0.7679 NZD US$

0.7156 0.7187 EUR US$

1.0570 1.0622 Yen US$

114.31 113.31 ---------------------------------------------------------------- Commodities Gold (Lon)

1,230.75

Silver (Lon)

17.93 Gold (NY)

1,225.06

Light Crude

53.30 TRJCRB Index

192.36 +0.30 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street reversed course to eke out small gains on Tuesday, led by bank stocks after Federal Reserve Chair Janet Yellen said it would be unwise to wait too long to raise interest rates.

The S&P 500 .SPX was up 5.53 points, or 0.23 percent, at 2,333.78 and the Nasdaq Composite .IXIC was up 12.19 points, or 0.21 percent, at 5,776.14.

For a full report, double click on .N

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LONDON - European shares steadied on Tuesday, as gains in the auto sector on news that PSA Group is in talks to buy General Motors (NYSE:GM)' European auto operations and stronger banking stocks offset weaker consumer and pharma stocks.

The pan-European STOXX 600 .STOXX index ended flat at 370.2 points, staying near 13-month highs hit in the previous session when the index rose for its fifth session in a row

For a full report, double click on .L

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TOKYO - Japanese stocks fell more than 1 percent on Tuesday, with investor sentiment soured after Toshiba Corp 6502.T delayed its earnings release, including details of a multibillion dollar charge related to cost overruns at its U.S. nuclear arm.

The Nikkei share average .N225 dropped 1.1 percent to 19,238.98 points.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The dollar rose to a three-week peak against a basket of major currencies on Tuesday as investors raised their outlook on a faster pace of U.S. rate increases following comments from Federal Reserve Chair Janet Yellen.

The greenback hit a two-week peak of 114.47 yen JPY= , erasing an earlier decline against the Japanese currency. It was last up 0.6 percent at 114.42 yen.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields jumped on Tuesday after Federal Reserve Chair Janet Yellen said it would be unwise to wait too long to raise interest rates, striking a more hawkish tone than investors expected.

Benchmark 10-year notes US10YT=RR dropped 15/32 in price to yield 2.49 percent, the highest since Feb. 3, up from 2.44 percent before the testimony.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold fell on Tuesday as the dollar advanced after U.S. Federal Reserve Chair Janet Yellen said the central bank will likely need to raise interest rates at an upcoming meeting with the economy expanding further.

Spot gold XAU= fell 0.2 percent to $1,222.60 an ounce by 1545 GMT, while U.S. gold futures GCcv1 dropped 0.2 percent to $1,223.80.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper slipped into the red on Tuesday on hopes strike talks would restart at the world's biggest copper mine in Chile while aluminium touched its highest in 21 months on renewed concerns about potential closures of Chinese smelters to cut pollution.

Benchmark copper CMCU3 on the London Metal Exchange closed down 1.4 percent at $6,021, pulling back from a session high of $6,190 and after hitting its highest since May 2015 on Monday at $6,204.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil pared gains on Tuesday as concerns about rising supply from U.S. shale output overshadowed an OPEC-led effort to cut global output, which has supported oil prices in a higher range.

Brent crude LCOc1 was 61 cents higher at $56.20 a barrel by 11:30 Eastern (1530 GMT), after earlier rising to $56.46 a barrel. U.S. light crude CLc1 was up 45 cents at $53.38.

For a full report, double click on O/R

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