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New Zealand/Australia Morning Call-Global markets

Published 02/05/2016, 05:19 am
Updated 02/05/2016, 05:20 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
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07:17 / 1917 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,252.22 +26.79 NZSX 50

6820.58 +30.60 DJIA

17,773.64 -57.12 Nikkei

16,666.05 -624.44 NASDAQ

4,775.36 -29.93 FTSE

6,241.89 -80.51 S&P 500

2,065.30 -10.51 Hang Seng

21,067.05 -320.98 SPI 200 Fut

5,225.00 -6.00 STI

2,838.52 -23.78 SSEC

2,938.45 -7.14 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.539 +0.023 US 10 YR Bond

1.835 +0.000 NZ 10 YR Bond

2.860 -0.005 US 30 YR Bond

2.680 +0.000 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7593 0.7650 NZD US$

0.6968 0.6958 EUR US$

1.1450 1.1385 Yen US$

106.25 107.27 ---------------------------------------------------------------- Commodities Gold (Lon)

1,285.65

Silver (Lon)

17.82 Gold (NY)

1,293.36

Light Crude

45.92 TRJCRB Index

184.61 +1.45 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks posted their largest weekly drop in more than two months on Friday as earnings reports continued to weigh, but the S&P 500 and Dow managed to close up for April after strong showings mid-month.

The Dow Jones industrial average .DJI fell 57.12 points, or 0.32 percent, to 17,773.64, the S&P 500 .SPX lost 10.51 points, or 0.51 percent, to 2,065.3 and the Nasdaq Composite .IXIC dropped 29.93 points, or 0.62 percent, to 4,775.36.

For a full report, double click on .N

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LONDON - Britain's top stock market index slid on Friday to record its second straight week of losses, hit by a fall in the shares of Royal Bank of Scotland (LON:RBS) RBS.L and airline IAG ICAG.L .

The blue-chip FTSE 100 index .FTSE ended down 1.3 percent at 6,241.89 points.

For a full report, double click on .L

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TOKYO - Japanese stocks gave up early gains and took a u-turn that wiped out much of the previous week's four-day rally in a single afternoon after the Bank of Japan disappointed investors by holding off on expanding monetary stimulus.

The Nikkei share average .N225 shed 3.6 percent to end the day at 16,666.05, resulting in a 5.1 percent decline for the shortened trading week, with the market closed for a national holiday on Friday.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar was on track for its biggest weekly percentage decline against the yen since the 2008 financial crisis in the aftermath of the Bank of Japan's decision not to ease policy further, while strong euro zone growth data boosted the euro.

The dollar was last down 1.27 percent against the yen at 106.71 yen JPY= on Friday, near an 18-month low of 106.67 touched earlierin the U.S. session. The greenback was down about 4.5percent against the yen for the week, putting it on track for its biggest weekly loss since October 2008.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury debt prices rose in choppy trading on Friday as poor domestic data and a drop in U.S. stock prices overshadowed news of strong quarterly growth in the euro zone in the first quarter, which had lifted German and U.S. yields.

U.S. benchmark 10-year Treasury notes US10YT=RR gained 5/32 in price for a yield of 1.821 percent, down 2 basis points on the day. The 10-year yield rose 4 basis points in April.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold and silver prices rallied 2 percent to their highest since January last year on Friday as the Bank of Japan's decision the previous day to hold off expanding monetary stimulus weighed heavily on the dollar, and European and U.S. stocks fell.

Spot gold XAU= was up 2 percent at $1,291.11 an ounce at 2:16 p.m. EDT (1816 GMT), having reached a 15-month high of $1,296.76. U.S. gold futures GCv1 for June delivery settled up 1.9 percent at $1,290.50 an ounce.

For a full report, double click on GOL/

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BASE METALS

LONDON - Aluminium hit a nine-month peak on Friday as speculators pushed prices higher thanks to a weaker dollar, but analysts were wary about a possible retreat.

Three month aluminium CMAL3 on the London Metal Exchange closed up 0.8 percent at $1,678 a tonne, the highest since July last year. It posted gains of 10.3 percent for April, its biggest monthly gain since September 2012.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices ended steady on Friday after hitting 2016 highs but finished April trading about 20 percent higher, with Brent crude having its best monthly gain in seven years.

Brent futures LCOc1 settled just a penny lower at $48.13 a barrel, after reaching a 2016 peak at $48.50. It rose 21.5 percent in April, its largest monthly advance since May 2009.

For a full report, double click on O/R

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