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

Published 20/07/2016, 07:49 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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HK50
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RIO
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DX
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GC
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LCO
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CL
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(Repeats to additional subscribers with no changes to text) ---------------------------------------------------------------- Snapshot at: 07:35 / 2135 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,451.25 -7.22 NZSX 50

7,154.83 +48.88

DJIA

18,559.01 +25.96 Nikkei

16,723.31 +225.46 NASDAQ

5,036.37 -19.41 FTSE

6,697.37 +1.95 S&P 500

2,163.78 -3.11 Hang Seng

21,673.20 -129.98 SPI 200 Fut

5,411.00 +1.00 STI

2,919.54 -9.22 SSEC

3,036.20 -7.37 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

1.934 -0.012 US 10 YR Bond

1.558 -0.029 NZ 10 YR Bond

2.295 +0.020 US 30 YR Bond

2.273 -0.030 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7504 0.7511 NZD US$

0.7053 0.7021 EUR US$

1.1015 1.1064 Yen US$

106.09 105.90 ---------------------------------------------------------------- Commodities Gold (Lon)

1,330.90

Silver (Lon)

19.89 Gold (NY)

1,328.39

Light Crude

44.65 TRJCRB Index

186.10 -2.09 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - The S&P 500 pulled back from record highs on Tuesday, while the Dow industrials held slim gains as investors digested a mixed bag of earnings reports as well as lowered expectations for global economic growth.

The Dow Jones industrial average .DJI rose 25.96 points, or 0.14 percent, to 18,559.01, setting another closing record. The S&P 500 .SPX lost 3.11 points, or 0.14 percent, to 2,163.78 and the Nasdaq Composite .IXIC dropped 19.41 points, or 0.38 percent, to 5,036.37.

For a full report, double click on .N

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LONDON - Britain's top share index steadied on Tuesday, easing back from an 11-month closing high, with mining stocks dropping after a production update from Rio Tinto (LON:RIO).

Britain's was flat in percentage terms at 6,697.37 points at its close, after closing on Monday at its highest since August last year.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average rose for a sixth straight day on Tuesday to a near six-week high, with a sagging yen and Wall Street's rise to a fresh record boosting investors' appetite for riskier assets.

The Nikkei .N225 gained 1.4 percent to 16,723.31 points after touching 16,726.71, its highest since June 9.

For a full report, double click on .T

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SYDNEY - Australian shares are expected to tread water on Wednesday after Wall Street pulled back from record levels.

Local share price index futures YAPcm1 was up 1 tick at 5,411 points, a 40.3-point discount to the underlying S&P/ASX 200 index .AXJO . The benchmark edged lower on Tuesday to 5,451.25.

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FOREIGN EXCHANGE

NEW YORK - The dollar rose to a four-month high against a basket of major currencies on Tuesday after the release of data showing U.S. housing starts rose by more than expected in June.

The dollar index .DXY , which tracks the greeback against six major currencies, rose to 97.125, its highest level since mid-March.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury debt prices gained on Tuesday as risk appetite waned following declines in stocks, hurt by the drop in oil prices as well as soft consumer sentiment data in Germany.

In late trading, benchmark U.S. 10-year Treasury notes US10YT=RJR were up 8/32 in price for a yield of 1.557 percent, down from 1.587 percent late on Monday.

U.S. 30-year bond prices US30YT=RJR were higher as well, up 19/32 in price, yielding 2.2746 percent, down from 2.302 percent late Monday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold cut some earlier gains on Tuesday, as the dollar hit a four-month high after data showed a surge in U.S. housing starts in June, although weaker equities provided support.

Spot gold XAU= was up 0.2 percent at $1,328.62 an ounce by 1418 GMT, having earlier reached a session high of $1,334.88. U.S. gold GCcv1 dropped 0.1 percent to $1,328.70 an ounce.

For a full report, double click on GOL/

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BASE METALS

LONDON - Persistent concerns over a Philippines mining crackdown sent nickel prices near their highest in nearly 10 months on Tuesday, while zinc hit a 14-month top on worries over falling mine output.

London Metal Exchange zinc CMZN3 hit the highest since May last year at $2,248 a tonne. It ended up 1 percent at $2,241, while nickel CMNI3 ended up 0.2 percent at $10,570, having earlier hit $10,660, near last week's 10-month peak.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices slipped on Tuesday as a rallying dollar and a global fuel glut offset forecasts for a ninth straight weekly drop in U.S. crude stockpiles.

Brent crude futures LCOc1 were down 20 cents at $46.76 barrel by 12:07 p.m. EDT (1602 GMT), after trading as high as $47.49.

U.S. crude's West Texas Intermediate (WTI) futures CLc1 slid by 40 cents to $44.84, after a session high at $45.67.

For a full report, double click on O/R

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