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New Zealand/Australia Morning Call-Global markets

Published 19/12/2016, 06:07 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
UK100
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07:59 / 1859 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,532.93 -5.65 NZSX 50

6,760.24 +11.62 DJIA

19,843.41 -8.83 Nikkei

19,401.15 +127.36 NASDAQ

5,437.16 -19.69 FTSE

7,011.64 +12.63 S&P 500

2,258.07 -3.96 Hang Seng

22,020.75 -38.65 SPI 200 Fut

5,489.00 -4.00 STI

2,937.86 +7.09 SSEC

3,124.03 +6.35 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.904 +0.042 US 10 YR Bond

2.599 +0.000 NZ 10 YR Bond

3.435 +0.000 US 30 YR Bond

3.182 +0.000 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7289 0.7351 NZD US$

0.6963 0.7034 EUR US$

1.0435 1.0441 Yen US$

117.96 118.10 ---------------------------------------------------------------- Commodities Gold (Lon)

1,131.60

Silver (Lon)

16.08 Gold (NY)

1,133.94

Light Crude

51.90 TRJCRB Index

191.43 +0.95 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks fell on Friday, weighed by a more than 4 percent drop in Oracle (NYSE:ORCL) shares, while recently battered stocks in the real estate and utilities sectors posted the largest gains.

The Dow Jones industrial average .DJI fell 8.83 points, or 0.04 percent, to 19,843.41, the S&P 500 .SPX lost 3.96 points, or 0.18 percent, to 2,258.07 and the Nasdaq Composite .IXIC dropped 19.69 points, or 0.36 percent, to 5,437.16.

For a full report, double click on .N

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LONDON - European shares marked a second week of gains on Friday with merger and acquisition speculation around drug maker Actelion and a rally among oil stocks helping the region's benchmark index stay near 11-month highs.

The pan-European STOXX 600 .STOXX index moved in and out of positive territory to close 0.3 percent higher.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average rose on Friday to cap a nine-day rally as strength on Wall Street and a weaker yen buoyed confidence.

The Nikkei .N225 climbed 0.7 percent to 19,401.15, with the ninth day of gains the longest winning streak since May 2015.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar edged lower against a basket of major currencies on Friday, but still held near 14-year highs touched after Wednesday's Federal Reserve meeting, with profit-taking halting the greenback's rally.

The dollar index .DXY , which measures the greenback against a basket of six major rivals, was last at 102.900, not far from Thursday's 14-year high of 103.560 but down 0.12 percent on the day.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. long-dated Treasury debt yields edged higher on Friday, continuing a trend that has been in place for several weeks, with investors consolidating some positions ahead of what is expected to be a quiet holiday period for economic data.

In late trading, 10-year Treasury note prices US10YT=RR were down 6/32, yielding 2.600 percent, up from Thursday's 2.578 percent. On the week, 10-year yields have gained 13 basis points.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rose on Friday, climbing above the prior session's 10-1/2 month low, as the dollar and U.S. stocks dipped at the end of a volatile week highlighted by the Federal Reserve's signal that there could be more rate hikes than previously expected in 2017.

Spot gold XAU= was up 0.6 percent at $1,135.16 an ounce by 2:30 p.m. EST (1930 GMT). The metal hit $1,122.35 on Thursday, its weakest since Feb. 2 and is down 2 percent so far this week, leaving it on track for its sixth consecutive weekly loss.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper prices fell on Friday after two days of gains as rising stocks in London Metal Exchange warehouses and signs of softer demand from China dragged the metal further away last month's 17-month peak.

Benchmark LME copper CMCU3 closed down 1.7 percent at $5,635 a tonne. The metal, used widely in power and construction, has fallen more than 5 percent since breaking above $6,000 last month.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil rose on Friday, edging closer to new 17-month highs, after Goldman Sachs (NYSE:GS) boosted its price forecast for 2017 and producers showed signs of adhering to a global deal to reduce output.

Brent LCOc1 futures rose $1.19, or 2.2 percent, to settle at $55.21 a barrel, while U.S. West Texas Intermediate crude CLc1 rose $1, or 2 percent, to settle at $51.90 per barrel.

For a full report, double click on O/R

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