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

Published 08/03/2016, 07:22 am
Updated 08/03/2016, 07:30 am
© Reuters.  RPT-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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JP225
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GC
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(Repeats to additional subscribers, no changes to text) ---------------------------------------------------------------- Snapshot at: 07:20 / 2020 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,142.81 +52.79 NZSX 50

6,418.93 +0.81 DJIA

17,037.93 +31.16 Nikkei

16,911.32 -103.46 NASDAQ

4,694.32 -22.70 FTSE

6,182.40 -17.03 S&P 500

1,997.07 -2.92 Hang Seng

20,159.72 -16.98 SPI 200 Fut

5,158.00 +27.00 STI

2,823.51 -13.49 SSEC

2,898.64 +24.50 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.604 +0.017 US 10 YR Bond

1.906 +0.023 NZ 10 YR Bond

3.105 +0.015 US 30 YR Bond

2.703 +0.000 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7464 0.7405 NZD US$

0.6771 0.6778 EUR US$

1.1008 1.0989 Yen US$

113.30 113.69 ---------------------------------------------------------------- Commodities Gold (Lon)

1,267.90

Silver (Lon)

15.59 Gold (NY)

1,259.06

Light Crude

37.90 TRJCRB Index

171.70 +3.15 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - The S&P and the Dow were on track to register their first five-day streak of gains since October as a surge in oil prices lifted energy and materials stocks on Monday.

At 12:35 p.m. ET (1735 GMT), the Dow Jones industrial average .DJI was up 70.84 points, or 0.42 percent, at 17,077.61 and the S&P 500 .SPX was up 3.34 points, or 0.17 percent, at 2,003.33.

For a full report, double click on .N

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LONDON - Gains for the mining sector after a surge in the price of iron ore helped Britain's blue-chip stock index off its lowest levels on Monday, and a rise in Old Mutual OML.L shares also lent support.

The blue-chip FTSE 100 index .FTSE was down 17.03 points or 0.3 percent at 6,182.40 points by the close, following a three-week-long rally which has seen the index gain more than 8 percent.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average fell on Monday, snapping a four-day winning streak as investors took profits from a sharp rally last week.

The Nikkei .N225 fell 0.6 percent to 16,911.32 points.

For a full report, double click on .T

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SYDNEY - Australian shares are set to open higher on Tuesday buoyed by mining and energy stocks, with iron ore prices having surged to an eight month high and oil prices having topped $40 for the first time this year.

Local share price index futures YAPcm1 rose 0.5 percent to 5,155.0, a 12.2-point premium to the underlying S&P/ASX 200 close .AXJO . The benchmark jumped 1 percent to a two-month high on Monday.

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FOREIGN EXCHANGE

NEW YORK - The dollar fell against a basket of currencies on Monday as big gains in oil prices rekindled demand for the euro and commodity-sensitive currencies, soothing concerns about the effects of weak commodity prices on the global economy.

A rally in industrial metal markets led by a 20 percent surge in iron ore prices also stoked bids for riskier currencies and reduced the allure of the greenback.

The dollar index .DXY , which measures the greenback against a basket of six currencies, was down 0.2 percent at 97.132, erasing an earlier 0.4 percent gain.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields rose on Monday in volatile trading as traders increased bets the Federal Reserve will raise interest rates this year in the wake of a strong February jobs report and ahead of a European Central Bank meeting.

The benchmark 10-year note's yield rose to 1.918 percent, its highest in just over a month. It was last down 9/32 in price to yield 1.9127 percent, up from 1.883 percent late on Friday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rose on Monday, hovering just below last week's 13-month high as global shares dipped, while a fall in average U.S. earnings lessened expectations the Federal Reserve could raise interest rates at its next policy meeting.

Spot gold XAU= was up 0.7 percent at $1,268.20 an ounce by 1503 GMT. The metal peaked at $1,279.60 on Friday, its strongest since Feb. 3, 2015, before slipping on U.S. data.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper and zinc pulled back from their highest levels in more than four months on Monday, weighed down by a firmer dollar and as misgivings surfaced over China's ability to shore up economic growth.

Three-month copper on the London Metal Exchange CMCU3 slipped 0.5 percent to close at $5,000 a tonne, handing back some of last week's rally, but off an earlier low of $4,940.

For a full report, double click on MET/L

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OIL

NEW YORK - Brent crude rose on Monday, hitting a 2016 peak above $40 a barrel as investors rotated more assets into raw materials, with oil buying encouraged by talk that OPEC producers want a higher anchor price after a selloff that has lasted nearly two years.

U.S. crude oil futures CLc1 settled up $1.98, or 5.51 percent, at $37.90 a barrel.

For a full report, double click on O/R

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