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RPT-New Zealand/Australia Morning Call-Global markets

Published 15/07/2015, 05:25 am
© Reuters.  RPT-New Zealand/Australia Morning Call-Global markets
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(Repeats to more codes) -----------------------(07:22 / 1922 GMT)----------------------- Stock Markets

S&P/ASX 200

5,577.40 +104.23 NZSX 50

5,750.88 +44.18 DJIA

18,066.14 +88.46 Nikkei

20,385.33 +295.56 NASDAQ

5,115.18 +43.67 FTSE

6,753.75 +15.80 S&P 500

2,111.35 +11.75 Hang Seng

25,120.91 -103.10 SPI 200 Fut

5,544.00 +26.00 TRJCRB Index

219.38 +0.87 Bonds

AU 10 YR Bond

3.008 -0.025 US 10 YR Bond

2.403 -0.027 NZ 10 YR Bond

3.610 -0.005 US 30 YR Bond

3.198 -0.009 Currencies (Prev at 7pm NZST)

AUD US$

0.7445 0.7426 NZD US$

0.6703 0.6671 EUR US$

1.1004 1.0977 Yen US$

123.36 123.43 Commodities

Gold (Lon)

1157.40

Silver (Lon)

15.35

Gold (NY)

1157.60

Light Crude

52.81

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

EQUITIES

NEW YORK - Wall Street was higher in early afternoon trading on Tuesday, led by a rally in healthcare stocks and as energy stocks rose after oil prices recovered on easing fears of higher crude supplies due to the Iran nuclear deal.

At 1712 GMT the Dow Jones industrial average .DJI was up 63.3 points, or 0.35 percent, at 18,040.98. The S&P 500 .SPX was up 7.91 points, or 0.38 percent, at 2,107.51 and the Nasdaq composite .IXIC was up 33.46 points, or 0.66 percent, at 5,104.97.

For a full report, double click on .N

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LONDON - Britain's top share index closed higher on Tuesday, with broadcaster Sky SKYB.L climbing after Deutsche Bank upgraded the shares and energy stocks bouncing back as crude oil rose.

The FTSE 100 index .FTSE closed 0.2 percent higher at 6,753.75 points, extending a 1.0 percent rise on Monday when markets welcomed a Greek debt deal.

For a full report, double click on .L

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TOKYO - Japanese share prices rose on Tuesday in line with most of those elsewhere after Greece and its euro zone creditors agreed on a cash-for-reform deal, removing an immediate risk of a messy break-up of the currency union.

The Nikkei share average .N225 , which advanced for a third straight day, rose 1.5 percent to 20,385.33, its highest close in a week and a half. The broader Topix .TOPX gained 1.6 percent to 1,638.71.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The dollar posted moderate losses against the euro and yen on Tuesday as figures showing a surprise drop in U.S. retail sales in June dented optimism about U.S. economic growth and clouded prospects for a September rate hike by the Federal Reserve.

The euro EUR= , which fell 1.5 percent against the dollar on Monday in the wake of Greece's deal with creditors, was up 0.22 percent at $1.1026.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields fell on Tuesday after data showed U.S. retail sales unexpectedly fell in June, adding to speculation that tepid economic data may lead the Federal Reserve to wait longer before raising interest rates.

Benchmark 10-year notes US10YT=RR were last up 10/32 in price to yield 2.41 percent, down from around 2.43 percent before the data was released. The yields have held in a range between 2.18 percent and 2.50 percent since the beginning of June.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK/LONDON - Gold eased on Tuesday as the U.S. dollar came off its lows and the market awaited Federal Reserve Chair Janet Yellen's semi-annual testimony to Congress on Wednesday and Thursday, which may provide more signals about a looming rate rise.

Spot gold XAU= was down 0.3 percent at $1,154.60 an ounce at 1835 GMT, while U.S. gold futures GCv1 for August delivery settled down 0.2 percent at $1,153.50.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper and some other metals retreated on Tuesday on uncertainty about Greece's debt deal and inventory rises that highlighted concerns about excess supply.

Three-month copper on the London Metal Exchange CMCU3 closed down 0.5 percent at $5,565 a tonne, following small losses the previous session. Copper prices plumbed a six-year trough of $5,240 a tonne last week.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil settled up on Tuesday, reversing early losses, after it became apparent that a nuclear deal between Tehran and six global powers will not immediately remove sanctions placed on Iranian crude exports.

Benchmark Brent crude futures LCOc1 settled up 66 cents, or 1.1 percent, at $58.51 a barrel. Prices had fallen almost $2 earlier, weighed by news of the Iran nuclear deal.

U.S. crude futures CLc1 finished up 84 cents, or 1.6 percent, at $53.04 after declining earlier to $50.38.

For a full report, double click on O/R

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