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

Published 03/09/2015, 07:32 am
Updated 03/09/2015, 07:37 am
© Reuters.  RPT-UPDATE 1-New Zealand/Australia Morning Call-Global markets
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GC
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(Repeats to additional subscribers with no changes to text) -----------------------(07:18 / 2118 GMT)----------------------- Stock Markets

S&P/ASX 200

5,101.46 +5.05 NZSX 50

5,590.21 -64.79 DJIA

16,351.38 +293.03 Nikkei

18,095.40 -70.29 NASDAQ

4,749.98 +113.87 FTSE

6,083.31 +24.77 S&P 500

1,948.86 +35.01 Hang Seng

20,934.94 -250.49 SPI 200 Fut

5,081.00 +31.00 FTSTI

2,878.13 -4.64 SSEC

3,155.04 -11.58 TRJCRB Index

196.78 +0.78 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.698 -0.002 US 10 YR Bond

2.188 +0.016 NZ 10 YR Bond

3.280 -0.010 US 30 YR Bond

2.954 +0.022 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7035 0.7020 NZD US$

0.6347 0.6346 EUR US$

1.1225 1.1278 Yen US$

120.29 119.98 ---------------------------------------------------------------- Commodities Gold (Lon)

1,137.75

Silver (Lon)

14.70 Gold (NY)

1,139.70

Light Crude

46.05 ----------------------------------------------------------------

Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street stocks jumped almost 2 percent on Wednesday in the latest volatile session as investors weighed the impact of a stumbling Chinese economy and global market turmoil on the Federal Reserve's impending decision about when to raise interest rates.

The Dow Jones industrial average .DJI jumped 1.82 percent to end at 16,351.31 points. The S&P 500 .SPX climbed 1.83 percent to 1,948.85 and the Nasdaq Composite .IXIC surged 2.46 percent to 4,749.98.

For a full report, double click on .N

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LONDON - Britain's leading share index ended higher on Wednesday, buoyed by results from industrial equipment hire group Ashtead AHT.L and by opening gains on Wall Street .N.

The FTSE 100 .FTSE closed up at 24.77 points, or 0.4 percent, at 6,083.31, broadly in line with European indexes and Wall Street. Stocks were more upbeat as investors bet that the U.S. Federal Reserve might delay a much-anticipated rate hike and took comfort from the latest Chinese moves to calm volatile markets.

For a full report, double click on .L

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TOKYO - Japanese stocks fell on Wednesday as concerns about China's cooling economy and further losses in Chinese stock markets demoralized investors, wiping out early gains.

The Nikkei .N225 lost 0.4 percent to 18,095.40 points, threatening to test last week's six-month low of 17,714.30 in an extremely choppy trading.

For a full report, double click on .T

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SYDNEY - Australian shares are expected to extend gains on Thursday spurred by a rally on Wall Street while firm iron ore prices and a stronger oil will likely push resources and energy-related stocks higher.

Local share price index futures YAPcm1 rose 0.6 percent overnight to 5,081 points, a 20.5-point discount to the underlying S&P/ASX 200 index .AXJO . On Wednesday, Australian shares edged up 5.09 points to 5,101.5 at the close of trade after hitting its lowest finish since Aug. 24 in the previous session.

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FOREIGN EXCHANGE

NEW YORK - The dollar rose on Wednesday as fragile global stock markets steadied and U.S. hiring data encouraged speculation that Federal Reserve policymakers will raise interest rates later this month.

The dollar index .DXY , a measure of six major currencies valued against the greenback, was last up 0.40 percent and had added to gains when payrolls processor ADP reported that U.S. private payrolls increased 190,000 last month.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. safe-haven Treasuries prices slipped on Wednesday on greater risk appetite, with long-dated prices falling the most on continued speculation of foreign central bank selling.

U.S. 30-year Treasury yields, which move inversely to prices, hit a more than one-month high of 2.97 percent US30YT=RR .

Benchmark 10-year Treasuries US10YT=RR were last down 5/32 in price to yield 2.19 percent from 2.17 percent late Tuesday. U.S. 30-year Treasuries were last off 18/32 to yield 2.96 percent from 2.93 percent late Tuesday.

Two-year notes US2YT=RR were down slightly to yield 0.71 percent, from a yield of 0.72 percent late Tuesday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK/LONDON - Gold eased on Wednesday as a rebound in stocks and the dollar arrested a four-day rise, with uncertainty over the timing of a looming U.S. rate hike limiting price moves ahead of key U.S. non-farm payrolls data on Friday.

Spot gold XAU= was down 0.5 percent at $1,134 an ounce at 2:48 p.m. EDT (1848 GMT), while U.S. gold futures GCv1 for December delivery settled down 0.5 percent at $1,133.60.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper rose on Wednesday, reversing the previous session's slide, after Chinese equities pared losses following further government intervention and as investors grew nervous about betting down a metal trading near six-year lows.

Three-month copper on the London Metal Exchange CMCU3 ended up 1.1 percent at $5,120 a tonne, after a 1.3 percent drop the previous session. Copper hit its weakest level in six years at $4,855 a tonne at the beginning of last week.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices ended nearly 2 percent higher on Wednesday in volatile trade as rallying equities on Wall Street pulled crude up from lows after futures sank on concerns about global oversupply.

Brent October crude LCOc1 rose 94 cents to settle at $50.50 a barrel, having recovered from a $47.74 low. It reached $51 post-settlement.

U.S. October crude CLc1 rose 84 cents to settle at $46.25, after falling to $43.21 and reaching $46.77.

For a full report, double click on O/R

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