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New Zealand/Australia Morning Call-Global markets

Published 26/04/2017, 05:26 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
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Reuters will cease to publish this item from Monday, May 15. Please contact jane.wardell@thomsonreuters.com with any queries.

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07:24 / 1924 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,871.78 +17.64 NZSX 50

7,222.94 +25.72 DJIA

21,021.12 +257.23 Nikkei

19,079.33 +203.45 NASDAQ

6,035.48 +51.66 FTSE

7,275.64 +10.96 S&P 500

2,392.03 +17.88 Hang Seng

24,455.94 +316.46 SPI 200 Fut

5,910.00 +36.00 STI

3,163.93 +19.90 SSEC

3,135.40 +5.87 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.620 +0.003 US 10 YR Bond

2.339 +0.066 NZ 10 YR Bond

3.055 +0.010 US 30 YR Bond

2.992 +0.066 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7532 0.7559 NZD US$

0.6943 0.6984 EUR US$

1.0927 1.0882 Yen US$

111.13 110.21 ---------------------------------------------------------------- Commodities Gold (Lon)

1,267.80

Silver (Lon)

17.61 Gold (NY)

1,275.18

Light Crude

49.67 TRJCRB Index

181.91 +0.98 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - The Nasdaq crossed the 6,000 threshold for the first time on Tuesday, while the Dow registered triple-digit gains as strong earnings underscored the health of Corporate America.

At 12:49 p.m. ET (1649 GMT), the Dow Jones Industrial Average .DJI was up 235.96 points, or 1.14 percent, at 20,999.85, the S&P 500 .SPX was up 13.17 points, or 0.55 percent, at 2,387.32 and the Nasdaq Composite .IXIC was up 39.91 points, or 0.67 percent, at 6,023.73.

For a full report, double click on .N

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LONDON - Deal-making and earnings underpinned European stock markets on Tuesday as the focus shifted back to fundamentals and away from politics, for now, with the pan-European STOXX 600 .STOXX index scoring its fifth straight session of gains.

The STOXX 600 ended up 0.2 percent, after briefly hitting its highest level since August 2015 during the session. It is up 7.1 percent so far this year.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average retook the 19,000 level on Tuesday for the first time in three weeks, buoyed by overseas gains as well as relief that North Korea did not conduct another missile test to mark a military anniversary.

The Nikkei .N225 finished up 1.1 percent at 19,079.33 points, getting a tailwind from a modestly weaker yen.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar surged to its highest level against its Canadian counterpart in more than a year on Tuesday after the United States imposed duties on Canadian softwood, while the dollar hit a two-week high against the yen on greater risk appetite.

The greenback hit C$1.3615 CAD=D4 , its highest level against the loonie since late Feb. 2016. U.S. Commerce Secretary Wilbur Ross said Monday the United States will impose preliminary anti-subsidy duties averaging 20 percent on imports of the softwood lumber.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields rose on Tuesday as President Donald Trump indicated he would compromise on a budget that, if passed, would avert a government shutdown and as investors prepared for new Treasury supply.

Benchmark 10-year notes US10YT=RR were last down 8/32 in price to yield 2.30 percent, up from 2.27 percent late on Monday. The yields hit five-month lows of 2.17 percent last Tuesday as concerns grew about France's vote.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold prices fell to a two-week low on Tuesday as markets became less concerned that far-right leader Marine Le Pen would win the French presidential election, increasing investor appetite for risky assets such as stocks while denting bullion.

Spot gold XAU= was down 0.9 percent at $1,264.25 an ounce by 2:53 p.m. EDT (1853 GMT), on track for its weakest one-day performance since March 2. It fell earlier to $1,261.41, the lowest since April 11.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper hit a week high on Tuesday as risk appetite continued to strengthen following centrist Emmanuel Macron's victory in the first round of the French presidential election on Sunday, though gains were capped by worries over demand in China.

Three-month copper on the London Metal Exchange CMCU3 ended up 0.9 percent at $5,706 a tonne, having earlier hit its highest in a week at $5,722.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices edged up in choppy trade on Tuesday as U.S. crude inventory data that was forecast to show a drawdown faced doubts about OPEC's ability to reduce a global glut.

Brent crude LCOc1 was up 23 cents at $51.83 a barrel by 1:17 p.m. EST (1717 GMT), while U.S. crude futures CLc1 rose 12 cents to $49.35 a barrel.

For a full report, double click on O/R

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