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New Zealand/Australia Morning Call-Global markets

Published 03/07/2015, 05:28 am
New Zealand/Australia Morning Call-Global markets
UK100
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US10YT=X
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-----------------------(07:26 / 1926 GMT)----------------------- Stock Markets

S&P/ASX 200

5,599.82 +84.15 NZSX 50

5,841.47 +47.11 DJIA

17,735.36 -22.55 Nikkei

20,522.50 +193.18 NASDAQ

5,009.48 -3.65 FTSE

6,630.47 +21.88 S&P 500

2,077.19 -0.23 Hang Seng

26,282.32 +32.29 SPI 200 Fut

5,528.00 -15.00 TRJCRB Index

224.55 +0.49 Bonds

AU 10 YR Bond

3.089 -0.016 US 10 YR Bond

2.388 -0.030 NZ 10 YR Bond

3.650 -0.010 US 30 YR Bond

3.190 -0.004 Currencies (Prev at 7pm NZST)

AUD US$

0.7621 0.7634 NZD US$

0.6715 0.6691 EUR US$

1.1083 1.1074 Yen US$

123.10 123.39 Commodities

Gold (Lon)

1165.25

Silver (Lon)

15.60

Gold (NY)

1168.50

Light Crude

56.62

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

EQUITIES

NEW YORK - U.S. stocks extended losses on Thursday after the International Monetary Fund warned Greece may need a large debt write-off, and muted U.S. jobs data dampened the economic outlook.

At 2:58 p.m. the Dow Jones industrial average .DJI fell 42.13 points, or 0.24 percent, to 17,715.78, the S&P 500 .SPX lost 2.72 points, or 0.13 percent, to 2,074.7 and the Nasdaq Composite .IXIC dropped 10.36 points, or 0.21 percent, to 5,002.77.

For a full report, double click on .N

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LONDON - Britain's top share index ended higher on Thursday as oil major BP BP.L rose after reaching an $18.7 billion settlement with the U.S. government and commodity stocks tracked stronger crude oil and metals prices.

Britain's benchmark FTSE 100 .FTSE index ended 0.3 percent higher at 6,630.47 points. The index gained more than 1 percent on Wednesday, after sharp falls in the previous four sessions on concerns about Greece.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average rose 1 percent on Thursday led by automakers, which reported strong June sales in the United States, and broadly supported by a weaker yen.

The Nikkei share average .N225 ended 193.18 points higher at 20,522.50.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar slipped against a basket of major currencies on Thursday after disappointing U.S. jobs data pushed out bets for a Federal Reserve rate hike to 2016, while caution ahead of this weekend's Greek referendum limited losses.

The euro was last up 0.22 percent against the dollar at $1.10775 after hitting a session high of $1.11220 following the jobs data EUR=EBS .

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasuries prices rose on Thursday, rebounding from the prior day's selloff, as data showed an improving labor market cooled in June, raising doubts whether the Federal Reserve would end its near-zero interest rate policy later this year.

Benchmark 10-year Treasuries notes US10YT=RR were up 7/32 in price, erasing losses before the payrolls data. The 10-year yield was last 2.391 percent, down 3 basis points from late on Wednesday and down 8 basis points on the week.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK/LONDON - Gold on Thursday rebounded slightly from an earlier 3-1/2 month low after data showed the U.S. labor market was weaker in June than expected, indicating that the Federal Reserve may hold off from raising interest rates in September.

Spot gold XAU= slid 1 percent to $1,156.85 an ounce, the lowest since March 18, before the U.S. data and was trading down 0.4 percent at $1,163.61 by 1841 GMT.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper prices rose on Thursday, buoyed by signs of healthier growth prospects for the metal's top consumer China and a sliding dollar after weak U.S. monthly jobs data.

Three-month copper on the London Metal Exchange CMCU3 ended up at $5,795 a tonne from $5,775 at the close on Wednesday.

For a full report, double click on MET/L

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OIL

NEW YORK - Crude oil prices ended little changed on Thursday as the first weekly gain in the U.S. rig count this year pared earlier gains.

Brent crude LCOc1 rose 6 cents to settle at $62.07 a barrel, after trading from $61.90 to $63.20. Prices turned lower in post-settlement trading. Brent fell 2.5 percent on Wednesday.

U.S. crude CLc1 dipped 3 cents to settle at $56.93, trading from $56.65 to $57.95. It tumbled 4 percent in the previous session, the most since April, after a surprise inventory build last week.

For a full report, double click on O/R

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