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

Published 25/10/2016, 07:28 am
© Reuters.  UPDATE 1-New Zealand/Australia Morning Call-Global markets
USD/JPY
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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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DX
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GC
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HG
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LCO
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CL
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IXIC
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US10YT=X
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US30YT=X
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DXY
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(Adds Australian shares and new figures throughout)

SYDNEY, Oct 25 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:26 / 2026 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,408.49 -21.83 NZSX 50

6,958.40 -15.38 DJIA

18,223.03 +77.32 Nikkei

17,234.42 +49.83 NASDAQ

5,309.83 +52.43 FTSE

6,986.40 -34.07 S&P 500

2,151.33 +10.17 Hang Seng

23,604.08 +229.68 SPI 200 Fut

5,395.00 +3.00 STI

2,856.68 +25.62 SSEC

3,128.41 +37.47 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.269 -0.008 US 10 YR Bond

1.765 +0.025 NZ 10 YR Bond

2.580 -0.035 US 30 YR Bond

2.516 +0.024 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7604 0.7630 NZD US$

0.7134 0.7170 EUR US$

1.0878 1.0884 Yen US$

104.21 103.77 ---------------------------------------------------------------- Commodities Gold (Lon)

1,265.55

Silver (Lon)

17.58 Gold (NY)

1,266.25

Light Crude

50.45 TRJCRB Index

189.44 +0.04 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - The S&P 500 hit a two-week high on Monday on the back of strong earnings, while a flurry of acquisitions indicated corporate America continues to see untapped value in the market.

Based on the latest available data, the Dow Jones industrial average rose 77.18 points, or 0.43 percent, to 18,222.89, the S&P 500 .SPX gained 10.15 points, or 0.47 percent, to 2,151.31 and the Nasdaq Composite .IXIC added 52.43 points, or 1 percent, to 5,309.83.

For a full report, double click on .N

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LONDON - Britain's top share index closed lower on Monday after energy stocks came under pressure following a drop in crude oil prices and gold miners tracked weaker precious metals.

The blue-chip FTSE 100 index .FTSE finished 0.5 percent lower at 6,986.40 points, further away from a record high of 7,129.83 points reached on Oct. 11.

For a full report, double click on .L

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TOKYO - Japanese stocks edged up in thin trade on Monday after investors bought drugmakers on hopes for strong mid-year earnings, offseting weakness in such cyclical stocks as exporters which languished on profit-taking.

The Nikkei .N225 gained 0.3 percent to 17,234.42 in choppy trade.

For a full report, double click on .T

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SYDNEY - Australian shares are set for a cautious opening, with flat or falling commodity prices likely to offset a strong positive lead from Wall St.

Local share price futures YAPcm1 barely changed overnight, edging up 3 points to 5,395 points, a 0.2 percent discount to the underling S&P/ASX 200 benchmark .AXJO . The index fell with the oil price Monday, losing 0.4 percent.

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar hovered near a nine-month high against a basket of major currencies and touched a one-week high against the yen on Monday on growing expectations of a Federal Reserve interest rate increase in December.

The dollar index .DXY , which measures the greenback against a basket of six major currencies, was up slightly at 98.775 .DXY , just off a roughly nine-month high of 98.846 touched earlier on Monday. In morning U.S. trading, the dollar rose to 104.32 yen JPY= , the highest in a week.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields lurched higher on Monday, in line with a rise in global bond yields and gains in U.S. stocks, with traders seeing little action ahead of next week's Federal Reserve policy meeting.

In late trading, 10-year Treasury notes US10YT=RR were down 7/32 in price to yield 1.764 percent, up from 1.74 percent late Friday. The yield reached a four-month peak at 1.841 percent early last week.

U.S. 30-year bonds US30YT=RR fell 16/32 in price, yielding 2.517 percent, up from Friday's 2.492 percent. Earlier in the session, 30-year yields hit a more than one-week low.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold prices slipped on Monday as the dollar strengthened to a fresh near nine-month high on growing speculation that the U.S. Federal Reserve would hike interest rates in December.

Spot gold XAU= was down 0.2 percent at $1,263.96 an ounce by 3:27 p.m. EDT (1340 GMT), while U.S. gold futures GCv1 for December delivery settled down 0.3 percent at $1,263.70.

For a full report, double click on GOL/

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BASE METALS

LONDON - Zinc led base metals higher on Monday, fuelled by a rise in investors' risk appetite and stronger physical demand in top consumer China.

Benchmark zinc CMZN3 on the London Metal Exchange closed 2.3 percent higher at $2,312 a tonne, bouncing back from a 1.2 percent loss on Friday.

LME copper CMCU3 lagged, edging up 0.1 percent to finish at $4,638 after the world's biggest copper miner, Codelco COBRE.UL , cut its 2017 physical copper premium to European buyers, reflecting expectations of ample supply

For a full report, double click on MET/L

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OIL

NEW YORK - - Oil prices dipped on Monday, with U.S. crude briefly falling below $50 per barrel, on news of the impending restart of Britain's Buzzard oilfield and Iraq's wish to be exempted from OPEC production cuts.

Brent LCOc1 , the international benchmark for crude, settled down 32 cents, or 0.6 percent, at $51.46 a barrel. Its session low was $50.50.

U.S. West Texas Intermediate (WTI) crude CLc1 fell 33 cents, or 0.7 percent, to settle at $50.52.

For a full report, double click on O/R

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