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RPT-New Zealand/Australia Morning Call-Global markets

Published 15/01/2016, 05:48 am
© Reuters.  RPT-New Zealand/Australia Morning Call-Global markets
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WELLINGTON, Jan 15 (Reuters) - Overnight market action with latest New York figures.

---------------------------------------------------------------- Snapshot at: 07:38 / 1838 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

4,909.38 -78.06 NZSX 50

6,109.29 -42.58 DJIA

16,420.76 +269.35 Nikkei

17,240.95 -474.68 NASDAQ

4,617.22 +91.15 FTSE

5,918.23 -42.74 S&P 500

1,923.61 +33.33 Hang Seng

19,817.41 -117.47 SPI 200 Fut

4,925.00 +47.00 STI

2,644.57 -51.93 SSEC

3,007.55 +57.95 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.712 +0.019 US 10 YR Bond

2.112 +0.046 NZ 10 YR Bond

3.310 -0.010 US 30 YR Bond

2.904 +0.057 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.6983 0.6967 NZD US$

0.6473 0.6497 EUR US$

1.0851 1.0866 Yen US$

118.17 117.88 ---------------------------------------------------------------- Commodities Gold (Lon)

1,088.40

Silver (Lon)

13.80 Gold (NY)

1,093.11

Light Crude

31.32 TRJCRB Index

163.25 +0.86 ----------------------------------------------------------------

EQUITIES

NEW YORK - U.S. stocks rallied strongly on Thursday, with the S&P 500 crossing a key technical level, as a rebound in oil prices boosted energy companies.

At 12:35 a.m. ET (1735 GMT) the Dow Jones industrial average .DJI was up 211.89 points, or 1.31 percent, at 16,363.3. The S&P 500 .SPX was up 25.18 points, or 1.33 percent, at 1,915.46 and the Nasdaq Composite index .IXIC was up 61.18 points, or 1.35 percent, at 4,587.25.

For a full report, double click on .N

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LONDON - Britain's top share index fell to its lowest level in almost five months on Thursday, hit by falls in downgraded travel and leisure stocks, though an oil price recovery and strength on Wall Street helped it end off its lows.

The blue-chip FTSE 100 index .FTSE was down 42.74 points, or 0.7 percent at 5,918.23 by the close, having hit its lowest intraday level since late August 2015 in early trade.

For a full report, double click on .L

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TOKYO - Japanese stocks fell on Thursday, giving up most of the previous day's gains as weak oil prices fanned fears about a slowdown in the global economy.

The Nikkei share average .N225 slid 2.7 percent to 17,240.95 for its lowest closing in 3-1/2 months. The benchmark index recovered slightly after a midday foray below 17,000 points, but still gave up most of Wednesday's 2.9 percent gain.

For a full report, double click on .T In late morning trading, the euro fell 0.3 percent against the dollar at $1.0838 EUR=. It was flat versus the yen at 128.03 yen EURJPY=. The dollar rose 0.3 percent against the yen to 117.99 yen JPY=.

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FOREIGN EXCHANGE

NEW YORK - The dollar rose on Thursday, bolstered by gains in the U.S. stock market and a rebound in oil prices, suggesting that the Federal Reserve will not be as constrained to push ahead with its plan to raise interest rates several times this year.

In late morning trading, the euro fell 0.3 percent against the dollar at $1.0838 EUR= . The dollar rose 0.3 percent against the yen to 117.99 yen JPY= .

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasuries prices fell on Thursday in volatile trading as oil prices and stocks recovered from a drastic sell-off ahead of a $13 billion sale of 30-year bonds by the Treasury.

Benchmark 10-year notes US10YT=RR were last down 4/32 in price to yield 2.080 percent, up from 2.066 percent late on Wednesday.

The 30-year bond US30YT=RR price fell 15/32 for a yield of 2.869 percent, up from 2.847 percent on Wednesday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold fell on Thursday, shrugging off weaker European equity markets as a rebound in oil prices from 12-year lows and a higher opening on Wall Street pointed to a recovery in risk appetite, blunting bullion's appeal as a haven.

Spot gold XAU= was down 0.8 percent at $1,084.26 an ounce at 1430 GMT, while U.S. gold futures GCv1 for February delivery were down $2.80 at $1,084.30.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper bounced after hitting fresh 6-1/2-year lows on Thursday following a rebound in the oil price gave pause to investors' worries about the state of the global economy.

Three-month copper on the London Metal Exchange CMCU3 slumped to a low of $4,329.50 a tonne, the weakest since May 2009, before erasing losses and closing at $4,415.50, up 0.6 percent.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices rebounded on Thursday, snapping an eight-day rout, as some players covered short positions after crude prices plumbed new 12-year lows amid concerns over Iran adding to a global glut faster than expected.

Brent, the global crude benchmark, earlier broke below $30 a barrel for a second day in a row before rebounding, as a U.N. nuclear watchdog appeared likely to confirm by Friday that Iran has curtailed its nuclear program as agreed with world powers, paving the way for sanctions to be lifted against its oil.

Brent crude LCOc1 was up 45 cents, or 1.5 percent, at $30.76 a barrel by 11:28 a.m. EST (1628 GMT), hitting an intraday high of $31.10. It fell earlier to $29.73, the weakest since February 2004.

U.S. crude's West Texas Intermediate (WTI) CLc1 was up 55 cents at $31.03 a barrel, after a session high of $31.77. It hit a 12-year low of $29.93 earlier in the week.

For a full report, double click on O/R

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