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New Zealand/Australia Morning Call-Global markets

Published 05/10/2015, 05:48 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
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(Repeats to additional subscribers)

By Charlotte Greenfield -----------------------(07:13 / 1813 GMT)----------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,052.02 -60.12 NZSX 50

5,593.51 +8.08 DJIA

16,472.37 +200.36 Nikkei

17,725.13 +2.71 NASDAQ

4,707.78 +80.69 FTSE

6,129.98 +57.51 S&P 500

1,951.36 +27.54 Hang Seng

21,506.09 +659.79 SPI 200 Fut

5,098.00 +67.00 STI

2,793.15 -8.70 SSEC

3,053.32 +15.19

Bonds

NetChg

NetChg AU 10 YR Bond

2.603 -0.030 US 10 YR Bond

1.991 +0.000 NZ 10 YR Bond

3.340 -0.010 US 30 YR Bond

2.824 +0.000 Currencies

1700GMT

1700GMT AUD US$

0.7049 0.7046 NZD US$

0.6464 0.6408 EUR US$

1.1218 1.1174 Yen US$

119.88 120.00 Commodities Gold (Lon)

1,140.75

Silver (Lon)

15.24 Gold (NY)

1,137.74

Light Crude

45.54 TRJCRB Index

194.11 +1.60 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stock indexes jumped over 1 percent on Friday as worries about the economy after a disappointing jobs report gave way to a robust rally in energy and materials stocks.

The Dow Jones industrial average .DJI rose rallied 1.23 percent to end at 16,472.37 points. The S&P 500 .SPX gained 1.43 percent to 1,951.36. It bounced about 3 percent from its intra-day low to its closing level.

For a full report, double click on .N

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LONDON - Britain's benchmark share index on Friday closed higher on Friday but gave up much of the session's gains after weak U.S. jobs data fanned concerns over global growth.

Britain's FTSE 100 .FTSE rose nearly 1 percent to 6,129.98 points, taking the index into positive territory for the week, and was up about 1.6 percent before the U.S. figures came out.

For a full report, double click on .L

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TOKYO - Japanese stocks ended flat in thin trade on Friday as investors were reluctant to take large positions before a key U.S. jobs report due later in the day.

The Nikkei share average .N225 edged up 0.02 percent to 17,725.13. For the week, it dropped 0.9 percent, falling for the third straight week.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The dollar slumped on Friday, stung by a September U.S. jobs report depicting slower hiring that added to doubts the economy was strong enough for the Federal Reserve to raise U.S. interest rates later this year.

The dollar on Friday hit a three-week low against the yen JPY= below 119 yen and was last down 0.1 percent at 119.82 yen. Against the Swiss franc CHF= , the dollar was off 0.70 percent. The euro EUR= was last up 0.3 percent against the dollar at $1.1230.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury debt prices rose on Friday with benchmark yields falling to their lowest in 5-1/2 weeks as a surprisingly weak U.S. jobs report for September reduced economists' expectations that the Federal Reserve will raise interest rates this year.

Benchmark 10-year Treasuries notes US10YT=RR were up 16/32 in price to yield 1.985 percent, down 6 basis points from late Thursday. At one point, they were up more than 1 point with a yield of 1.904 percent.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold jumped more than 2 percent on Friday and silver surged over 5 percent for its best day this year as weaker-than-expected U.S. jobs data dented expectations the U.S. Federal Reserve will raise interest rates this year, triggering short-covering.

Spot gold XAU= was up 2.1 percent at $1,136.40 an ounce at 2:58 p.m. EDT (1858 GMT), after rising 2.5 percent to a session high of $1,141.50. U.S. December gold futures GCv1 settled up $22.90 an ounce, or 2 percent, at $1,136.60.

For a full report, double click on GOL/

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BASE METALS

LONDON - New York copper prices closed up almost 1 percent on Friday as weaker-than-expected U.S. jobs data pressured the dollar, offsetting lingering concerns about U.S. economic growth and demand from top consumer China.

In London, three-month copper CMCU3 on the London Metal Exchange clawed back $90, or 1.7 percent, to close $5,100 per tonne on the weaker dollar. That was little changed from $5,097 at Thursday's close.

For a full report, double click on MET/L

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OIL

NEW YORK - Crude prices erased early losses to rise by 1 percent or more on Friday after a report showing the fifth weekly decline in the U.S. oil rig count renewed the debate over falling production in the world's top oil consumer.

Brent LCOc1 , the global oil benchmark, settled up 44 cents, or nearly 1 percent, at $48.13 a barrel.U.S. crude CLc1 rose 80 cents, or 1.8 percent, to $45.54.

For a full report, double click on O/R

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