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RPT-New Zealand/Australia Morning Call-Global markets

Published 12/08/2016, 05:31 am
Updated 12/08/2016, 05:40 am
© Reuters.  RPT-New Zealand/Australia Morning Call-Global markets
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(Repeats to additional subscribers) ----------------------------------------------------------------

07:27 / 1927 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,508.01 -35.70 NZSX 50

7,353.83 +4.21 DJIA

18,611.91 +116.25 Nikkei

16,735.12 -29.85 NASDAQ

5,229.78 +25.19 FTSE

6,914.71 +48.29 S&P 500

2,185.78 +10.29 Hang Seng

22,580.55 +88.12 SPI 200 Fut

5,494.00 +29.00 STI

2,869.82 -5.75 SSEC

3,002.67 -16.07 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

1.926 +0.078 US 10 YR Bond

1.568 +0.067 NZ 10 YR Bond

2.135 -0.025 US 30 YR Bond

2.277 +0.050 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7701 0.7709 NZD US$

0.7209 0.7255 EUR US$

1.1143 1.1164 Yen US$

101.88 101.29 ---------------------------------------------------------------- Commodities Gold (Lon)

1,355.00

Silver (Lon)

19.99 Gold (NY)

1,346.27

Light Crude

43.32 TRJCRB Index

181.99 +2.44 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street stocks hit fresh record highs on Thursday as rising oil prices and strong earnings from department stores Macy's and Kohl's buoyed investor sentiment.

At 2:35 pm ET, the Dow Jones industrial average .DJI was up 0.74 percent to 18,633.35 points and the S&P 500 .SPX had gained 0.55 percent to 2,187.39.The Nasdaq Composite .IXIC added 0.54 percent to 5,232.70.

For a full report, double click on .N

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LONDON - A leading European equity index rose on Thursday to recover all the losses incurred in the immediate aftermath of Britain's shock "Brexit" vote in June to leave the European Union.

The pan-European STOXX 600 index .STOXX ended up 0.8 percent at 346.66 points. This marked its highest level since June 23 - the day of Britain's EU referendum - when the STOXX 600 index had closed at 346.34 points.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average slipped on Wednesday as the yen strengthened against the dollar after downbeat U.S. data, and investors locked in gains ahead of a Japanese holiday.

The Nikkei .225 closed down 0.2 percent at 16,735.12. After ending the morning session down 0.3 percent, it briefly turned positive in afternoon trade before giving up its gains.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar gained on Thursday after a Federal Reserve official said that an interest rate increase this year is appropriate, and before Friday's retail sales data for July.

The U.S. dollar rose 0.24 percent against a basket of six major currencies .DXY to 95.878. The greenback gained 0.65 percent against the yen JPY= to 101.92 and 0.29 percent against the euro EUR= to $1.1142.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury prices fell on Thursday as investors reduced their bond holdings in advance of a $15 billion sale of 30-year bonds, the final leg of the government's $62 billion quarterly refunding this week.

In early U.S. trading, benchmark 10-year Treasury notes US10YT=RR were down 6/32 in price for a yield of 1.522 percent, up 2 basis points from late on Wednesday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold eased below $1,350 an ounce on Thursday as the dollar rose, and the Dow and S&P 500 touched record intraday highs, though uncertainty over the outlook for U.S. monetary policy prevented further losses for the metal.

Spot gold XAU= was down 0.4 percent at $1,341.40 an ounce by 2:51 p.m. EDT (1851 GMT). U.S. gold futures for December delivery GCcv1 settled down 0.1 percent at $1,350.

For a full report, double click on GOL/

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BASE METALS

LONDON - Nickel, zinc and tin fell on Thursday, retreating from fresh peaks hit in the previous session as speculators booked profits from strong rallies so far this year.

LME three month nickel CMNI3 closed down 1.1 percent at $10,735 a tonne after prices on Wednesday hit the highest in a year at $11,030 on concerns the Philippines may shutter its nickel mining industry.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices jumped the most in a month, rising more than 4 percent on Thursday, after comments from the Saudi oil minister about possible action to stabilize prices triggered a round of buying and the International Energy Agency forecast crude markets would tighten in the second half of 2016.

Both benchmarks notched their biggest daily percentage gain in a month. U.S. crude CLc1 settled at $43.49 per barrel, up $1.78 or 4.3 percent, while Brent crude LCOc1 closed $1.99 or 4.5 percent higher at $46.04, after both jumped more than 5 percent during the session.

For a full report, double click on O/R

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