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

Published 01/06/2016, 07:26 am
Updated 01/06/2016, 07:30 am
© Reuters.  UPDATE 1-New Zealand/Australia Morning Call-Global markets
UK100
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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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GC
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HG
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LCO
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CL
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IXIC
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US10YT=X
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---------------------------------------------------------------- Snapshot at: 07:21 / 2121 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,378.56 -29.46 NZSX 50

7,039.41 +19.77 DJIA

17,787.20 -86.02 Nikkei

17,068.02 +310.67 NASDAQ

4,948.06 +14.55 FTSE

6,230.79 -40.00 S&P 500

2,096.96 -2.10 Hang Seng

20,815.09 +185.70 SPI 200 Fut

5,358.00 -24.00 STI

2,791.06 -5.69 SSEC

2,916.15 +93.70 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.300 -0.022 US 10 YR Bond

1.851 +0.016 NZ 10 YR Bond

2.625 -0.005 US 30 YR Bond

2.651 +0.011 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7228 0.7233 NZD US$

0.6760 0.6718 EUR US$

1.1123 1.1130 Yen US$

110.72 111.14 ---------------------------------------------------------------- Commodities Gold (Lon)

1,212.10

Silver (Lon)

15.98 Gold (NY)

1,205.20

Light Crude

49.10 TRJCRB Index

186.15 +0.02 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - The S&P 500 wrapped up its third straight month of gains on a flat note on Tuesday as weaker energy shares countered a rise in safe-haven utilities.

Data on Tuesday showed U.S. consumer spending recorded its biggest increase in more than six years in April as households stepped up purchases of automobiles, while another report showed an ebb in consumer confidence in May.

The Dow Jones industrial average .DJI fell 86.09 points, or 0.48 percent, to 17,787.13, the S&P 500 .SPX lost 2.11 points, or 0.1 percent, to 2,096.95 and the Nasdaq Composite .IXIC added 14.55 points, or 0.29 percent, to 4,948.06.

For a full report, double click on .N

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LONDON - Britain's top share index broke a three-month streak of gains after the results of a telephone poll showed British voters were favouring a vote to leave the European Union in a June 23 referendum.

The FTSE 100 index was down 0.6 percent at 6,230.79 points at the close, easing from a one-month high of 6,290.07 points touched earlier in the session.

For a full report, double click on .L

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TOKYO - Japanese stocks rose for a fifth straight day on Tuesday as growing expectations of an imminent U.S. interest rate hike helped the dollar hold onto recent gains against the yen, supporting exporter shares.

The Nikkei share average .N225 rose 1.0 percent to 17,234.98.

For a full report, double click on .T

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SYDNEY - Australian shares are set to open lower on Wednesday, after global markets were rattled by telephone polls that showed UK voters are leaning in favour of leaving the European Union.

Pointing to a softer opening, local share price index futures YAPcm1 fell 0.4 percent to 5,358.0, a 20.6-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.5 percent on Tuesday.

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar hit an eight-day high against the British pound and gained slightly against the euro after two surveys showed that those campaigning for Britain to leave the European Union had moved ahead, while the yen gained on the nervousness.

The pound GBP= was last down 1.1 percent against the greenback at $1.4476, near an eight-day low of $1.4464. The pound was on track to post its first monthly loss against the dollar in three months in May, of just under 1 percent.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury debt yields slipped from multiweek highs on Tuesday, after U.S. stocks fell following a mixed batch of economic data that dampened expectations for an interest rate increase by the Federal Reserve in June.

Yields on U.S. two-year notes, the maturity most sensitive to Fed rate expectations, fell from their strongest level in more than two months hit earlier in the session. The long-end of the curve also retreated, with yields on benchmark 10-year notes slipping after touching a one-month peak.

In late trading, benchmark 10-year Treasury notes US10YT=RR were down 2/32 in price for a yield of 1.842 percent, down from 1.854 percent last Friday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rose 1 percent on Tuesday, rebounding from the prior session's three-and-a-half-month low, but remained on track for its biggest monthly decline since November on dollar strength and growing expectations of an imminent U.S. interest rate hike.

Spot gold XAU= was up 1 percent at $1,216.80 an ounce at 2:38 p.m. EDT (1838 GMT), after Monday's fall to its lowest since Feb. 17 at $1,199.60. It was on track to close May down 5.9 percent.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper fell on Tuesday to be on track for its biggest monthly drop since November, pressured by a resurgent dollar, surplus supplies of the metal and slack demand growth in China.

Benchmark copper CMCU3 ended down 0.5 percent at $4,671 a tonne. Prices of the metal used in power and construction have dropped by more than 7 percent so far this month.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices dipped on Tuesday as a stronger dollar and slide in equity prices sparked profit-taking, but crude futures posted a fourth straight monthly gain as investors bet that the global glut was slowly easing.

Brent crude futures for July LCON6 settled down 7 cents at $49.69 a barrel before expiring as the spot contract.

U.S. crude's West Texas Intermediate (WTI) futures for July CLc1 settled at $49.10, down 23 cents, or 0.5 percent, from Friday's settlement. U.S. financial markets were closed on Monday for the Memorial Day holiday.

For a full report, double click on O/R

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