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New Zealand/Australia Morning Call-Global markets

Published 13/04/2016, 05:26 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
UK100
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AXJO
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07:23 / 1923 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

4,975.65 +44.11 NZSX 50

6,726.02 +0.92 DJIA

17,732.07 +175.66 Nikkei

15,928.79 +177.66 NASDAQ

4,874.70 +41.31 FTSE

6,242.39 +42.27 S&P 500

2,063.71 +21.72 Hang Seng

20,504.44 +63.63 SPI 200 Fut

4,995.00 +44.00 STI

2,814.65 +5.41 SSEC

3,024.53 -9.43 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.527 +0.058 US 10 YR Bond

1.781 +0.057 NZ 10 YR Bond

2.855 -0.010 US 30 YR Bond

2.606 +0.044 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7683 0.7638 NZD US$

0.6919 0.6879 EUR US$

1.1392 1.1418 Yen US$

108.52 108.34 ---------------------------------------------------------------- Commodities Gold (Lon)

1,254.60

Silver (Lon)

16.20 Gold (NY)

1,257.55

Light Crude

42.13 TRJCRB Index

175.49 +3.66 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street gained on Tuesday, led by surging energy shares that were buttressed by rising oil prices, while Alcoa (NYSE:AA) kicked off an expected tepid corporate earnings season.

The Dow Jones industrial average .DJI was up 173.68 points, or 0.99 percent, to 17,730.09, the S&P 500 .SPX had gained 19.05 points, or 0.93 percent, to 2,061.04 and the Nasdaq Composite .IXIC had added 35.23 points, or 0.73 percent, to 4,868.63.

For a full report, double click on .N

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LONDON - UK shares advanced on Tuesday in choppy trade, buoyed by a rally in the energy sector after oil prices rose on a report that Saudi Arabia and Russia had reached agreement on output restrictions.

The blue-chip FTSE 100 index .FTSE was up 42.27 points, or 0.7 percent at 6,242.39 points by the close. Energy and materials shares contributed nearly 24 points to the index's advance.

For a full report, double click on .L

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TOKYO - Japanese stocks rose on Tuesday as the yen began to retreat from the previous day's 17-month high against the dollar, lifting shares of exporters as well as recently battered banks.

The Nikkei share average .N225 climbed 1.1 percent to 15,928.79.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The dollar rebounded from a more than seven-month low against a basket of currencies on Tuesday, led by gains versus the safe-haven yen, as investors' appetite for risk and higher-yielding assets improved with the rise in oil prices.

The dollar index .DXY , which measures the greenback against a basket of six major currencies, fell to as low as 93.627, its lowest since August. It was last at 94.291, up 0.4 percent.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields rose on Tuesday as higher oil futures and global stock market gains reduced the safe-haven appeal of U.S. government debt ahead of a $24 billion three-year note sale.

Longer-dated yields rose modestly while shorter-dated maturities were little changed, with the 30-year bond US30YT=RR surrendering 19/32 in price to yield 2.588 percent.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rose to three-week highs on Tuesday as the dollar sank back to a near 8-month low, weighed down by expectations that the Federal Reserve will keep U.S. interest rates lower for longer.

Spot gold XAU= touched a high of $1,262.60 an ounce before easing back to $1,258.26 by 1350 GMT, little changed from late on Monday. U.S. gold futures GCv1 for June delivery were up $2.60 an ounce at $1,260.60.

For a full report, double click on GOL/

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BASE METALS

LONDON - Nickel the highest in over three weeks while other metals also gained on Tuesday, bolstered by higher oil prices and hopes that production cuts at mines were starting to curb surpluses.

Three-month nickel CMNI3 on the London Metal Exchange surged 3.6 percent to close at $8,860 a tonne after touching $8,890, the highest since March 18.

For a full report, double click on MET/L

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OIL

NEW YORK - Global oil prices hit five-month highs on Tuesday, hovering just under $45 a barrel after a report that top producers Russia and Saudi Arabia have agreed to freeze output ahead of a much-anticipated producers meeting on Sunday.

Brent crude LCOc1 prices were up $1.70, or 4 percent, at $44.53 a barrel by 1:45 p.m. EDT (1745 GMT).

For a full report, double click on O/R

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