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

Published 13/10/2016, 08:09 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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DX
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GC
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HG
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CL
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US2YT=X
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(Repeats to additional subscribers with no changes to text) ---------------------------------------------------------------- Snapshot at: 08:07 / 2107 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,474.62 -5.19 NZSX 50

7,105.76 -1.70 DJIA

18,144.20 +15.54 Nikkei

16,840.00 -184.76 NASDAQ

5,239.02 -7.77 FTSE

7,024.01 -46.87 S&P 500

2,139.18 +2.45 Hang Seng

23,407.05 -142.47 SPI 200 Fut

5,440.00 -15.00 STI

2,813.71 -42.42 SSEC

3,059.13 -6.12 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.308 +0.000 US 10 YR Bond

1.771 +0.012 NZ 10 YR Bond

2.570 +0.020 US 30 YR Bond

2.498 +0.004 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7563 0.7585 NZD US$

0.7057 0.7078 EUR US$

1.1008 1.1048 Yen US$

104.15 103.55 ---------------------------------------------------------------- Commodities Gold (Lon)

1,256.50

Silver (Lon)

17.45 Gold (NY)

1,252.75

Light Crude

50.01 TRJCRB Index

188.07 -1.09 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - The S&P 500 and the Dow Jones industrial average indexes ended Wednesday's session with small gains as expectations for timing on a rate hike were largely unchanged after U.S. Federal Reserve minutes and investors waited on earnings reports.

The Dow Jones industrial average .DJI rose 15.54 points, or 0.09 percent, to 18,144.2, the S&P 500 .SPX gained 2.45 points, or 0.11 percent, to 2,139.18 and the Nasdaq Composite .IXIC dipped 7.77 points, or 0.15 percent, to 5,239.02.

For a full report, double click on .N

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LONDON - European stock markets fell slightly on Wednesday with Sweden's Ericsson (ST:ERICAs) ERICb.ST slumping to eight-year lows after issuing a profit warning.

The STOXX 600 index .STOXX fell 0.5 percent, losing ground for the second straight session. So far this year the index is down 7.4 percent.

For a full report, double click on .L

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TOKYO - Japanese stocks dropped on Wednesday, retreating from a five-week high after Wall Street was hit by weak corporate earnings overnight and as investors braced for the reporting season.

The benchmark Nikkei share average .N225 fell 1.1 percent to 16,840.00, retreating from a five-week closing high in the previous session.

For a full report, double click on .T

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SYDNEY - Australian shares are set for an indecisive start on Thursday, after Wall St inched higher overnight, but share price futures tracked lower.

Local share price index futures YAPcm1 fell 0.6 percent to 5,440.0, a 34.6-point discount to the underlying S&P/ASX 200 index .AXJO . The benchmark closed steady on Wednesday, shedding 0.09 percent.

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar held near a seven-month high against a basket of major rivals on Wednesday after Federal Reserve meeting minutes reinforced expectations that the central bank would hike rates in December, while sterling rose on reduced concerns over Britain's economy.

The dollar index .DXY , which measures the greenback against a basket of six major currencies, initially slipped after the minutes but retraced gains to stand little changed.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields rose on Wednesday, with bonds pressured by incoming supply and growing expectations that the Federal Reserve will raise interest rates later this year.

Worry about weak demand and a hawkish signal from the FOMC minutes pushed yields on benchmark 10-year notes above 1.80 percent for the first time in four months while 30-year bond yields hit their highest since June 23, the day of Britain's surprise vote to exit the European Union. Yields on shorter-dated maturities, such as two-year notes US2YT=RR also rose to their highest since early June.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold held modest gains on Wednesday, after minutes from the Federal Reserve's September meeting showed several voting policymakers judged an interest rate hike would be warranted "relatively soon" if the U.S. economy continued to improve.

Spot gold XAU= was up 0.2 percent at $1,255.42 an ounce by 2:51 p.m. EDT (1851 GMT), hovering above last week's four-month low at $1,241.20.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper steadied on Wednesday as dollar strength ahead of the release of the Federal Reserve's latest minutes offset a drop in London Metal Exchange inventories to a three-week low, and kept a broader recovery in base metals in check.

Three-month copper on the London Metal Exchange CMCU3 closed at $4,814 a tonne, little changed from the previous session, when it fell 0.75 percent. Earlier it rose as high as $4,842.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices settled 1 percent lower on Wednesday after OPEC reported its September oil output hit eight-year highs, offsetting optimism over the group's pledge to bring a global crude glut under control.

Brent crude LCOc1 settled down 60 cents, or 1.1 percent, at $51.81 a barrel. U.S. West Texas Intermediate (WTI) crude CLc1 slipped 61 cents, or 1.2 percent, to settle at $50.18.

For a full report, double click on O/R

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