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

Published 28/09/2015, 07:27 am
© Reuters.  UPDATE 1-New Zealand/Australia Morning Call-Global markets
UK100
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XAU/USD
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US500
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DJI
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AXJO
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HK50
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GC
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HG
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LCO
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CL
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US10YT=X
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US30YT=X
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(Repeats without change for additional subscribers) ---------------------------------------------------------------- Snapshot at: 07:40 / 1840 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,042.11 -29.56 NZSX 50

5,697.51 +10.16 DJIA

16,314.67 +113.35 Nikkei

17,880.51 +308.68 NASDAQ

4,686.50 -47.98 FTSE

6,109.01 +147.52 S&P 500

1,931.34 -0.90 Hang Seng

21,186.32 +90.34 SPI 200 Fut

5,028.00 -4.00 STI

2,832.64 -13.10 SSEC

3,091.81 -50.88 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.698 +0.003 US 10 YR Bond

2.166 +0.000 NZ 10 YR Bond

3.345 +0.000 US 30 YR Bond

2.960 +0.000 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7021 0.7032 NZD US$

0.6365 0.6334 EUR US$

1.1189 1.1161 Yen US$

120.49 120.42 ---------------------------------------------------------------- Commodities Gold (Lon)

1,146.65

Silver (Lon)

15.05 Gold (NY)

1,145.86

Light Crude

45.70 TRJCRB Index

195.71 +2.13 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - The S&P 500 erased an early Fed-driven rally to close down slightly on Friday, as a selloff in biotechs offset gains in banking shares. The Dow Jones industrial average .DJI rose 113.35 points, or 0.7 percent, to 16,314.67, the S&P 500 .SPX lost 0.9 points, or 0.05 percent, to 1,931.34 and the Nasdaq Composite .IXIC dropped 47.98 points, or 1.01 percent, to 4,686.50.

For a full report, double click on .N

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LONDON - Britain's top share index climbed the most in a month on Friday afternoon as energy stocks bounced back on a recovery in crude oil prices following stronger than expected U.S. economic growth data.

The blue-chip FTSE 100 index .FTSE was up 2.5 percent at its close, its biggest one-day jump since Aug. 27, at 6,109.01 points after falling 1.2 percent in the previous session. The benchmark index is still down almost 7 percent so far this year.

For a full report, double click on .L

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TOKYO - Japanese stocks slipped on Friday morning after weak inflation data and lingering worries over slowing growth in China soured the mood.

The Nikkei share average edged down 0.1 percent in morning trade to 17,560.79 at the break. The Tokyo Stock Exchange was closed through Wednesday due to national holidays.

For a full report, double click on .T

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SYDNEY - Australian shares are likely to trade flat on Monday as uncertainty about the speed of U.S. economic recovery keeps investors from buying.

Local share price index futures YAPcm1 were down 4.0 points at 5028.0, a 14.1-point discount to the underlying S&P/ASX 200 index .AXJO close.

On Friday, the benchmark fell 29.6 points to 5,042.1. It has lost 3.2 percent in September so far after falling 8.6 percent in August, its worst monthly performance since the global financial crisis.

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar hit its highest in over five weeks against a basket of major currencies on Friday, a day after Federal Reserve Chair Janet Yellen said she expected the central bank to hike rates in 2015, and after U.S. growth data appeared to support such a move.

The euro was last down 0.35 percent against the dollar at $1.11910 EUR=EBS . The dollar was up 0.37 percent against the yen at 120.550 yen JPY=EBS . The dollar was up 0.47 percent against the franc at 0.97985 franc CHF=EBS .

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasuries prices declined on Friday after Federal Reserve Chair Janet Yellen somewhat revived expectations of an interest rate increase by year-end and data showed the nation's economy grew more than previously estimated in the second quarter.

In afternoon trading, 10-year Treasuries notes US10YT=RR were down 12/32 in price for a yield of 2.164 percent, up 4 basis points from late on Thursday. The 30-year bond US30YT=RR was down 1 point in price to yield 2.955 percent, up 5 basis points on the day.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold fell from one-month highs on Friday after Federal Reserve Chair Janet Yellen kept the door open to an increase in U.S. interest rates this year, sparking a dollar rally, while palladium was on track for its biggest weekly rise in almost four years.

Spot gold XAU= was down 0.5 percent at $1,148.6 an ounce at 3:41 p.m. (1941 GMT), having climbed 2.1 percent on Thursday, its biggest one-day rise since January. U.S. gold futures GCv1 for December delivery settled down 0.7 percent at $1,145.6, on track for their fifth straight quarterly loss.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper saw its biggest weekly drop since mid-January on Friday as a stronger dollar added to long-standing worries over weakening demand growth in China and ample supplies.

Three-month copper on the London Metal Exchange CMCU3 closed down 0.6 percent at $5,023 a tonne, bringing losses for the week to 4.3 percent. Turnover was light due to holidays in Singapore, and ahead of China holidays next week.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices rose for the second straight day on Friday, supported by a rally on Wall Street and a lower U.S. rig count, although the decline in drilling was the smallest in four weeks and not particularly exciting to traders.

Brent LCOc1 , the global benchmark for oil, settled up 43 cents, or 0.9 percent, at $48.60 a barrel. U.S. crude CLc1 settled up 79 cents, or 1.8 percent, at $45.70.

For a full report, double click on O/R

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