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

Published 21/03/2016, 07:27 am
© Reuters.  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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LCO
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CL
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US30YT=X
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---------------------------------------------------------------- Snapshot at: 07:26 / 2026 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,183.12 +14.97 NZSX 50

6,623.50 +50.04 DJIA

17,602.30 +120.81 Nikkei

16,724.81 -211.57 NASDAQ

4,795.65 +20.66 FTSE

6,189.64 -11.48 S&P 500

2,049.58 +8.99 Hang Seng

20,671.63 +167.82 SPI 200 Fut

5,193.00 +29.00 STI

2,906.80 +26.63 SSEC

2,954.93 +50.10 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.565 +0.007 US 10 YR Bond

1.877 +0.000 NZ 10 YR Bond

3.010 +0.000 US 30 YR Bond

2.680 +0.000 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7593 0.7640 NZD US$

0.6780 0.6834 EUR US$

1.1259 1.1294 Yen US$

111.53 111.11 ---------------------------------------------------------------- Commodities Gold (Lon)

1,252.10

Silver (Lon)

15.78 Gold (NY)

1,254.59

Light Crude

39.44 TRJCRB Index

176.35 -1.31 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - The S&P 500 closed positive for the year on Friday for the first time in 2016 as the U.S. Federal Reserve's dovish tone and a strengthening economic outlook compelled investors to take on more risk.

The Dow Jones industrial average .DJI closed up 120.81 points, or 0.69 percent, to 17,602.3, the S&P 500 .SPX gained 8.97 points, or 0.44 percent, to 2,049.56 and the Nasdaq Composite .IXIC had added 20.66 points, or 0.43 percent, to 4,795.65.

For a full report, double click on .N

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LONDON - European shares rose on Friday, with export-oriented auto stocks recovering as the euro lost some ground against the dollar, while oil stocks fell after a drop in crude prices.

The pan-European FTSEurofirst 300 index .FTEU3 closed up 0.2 percent, although the index still registered its first weekly loss after rising for the last four weeks.

For a full report, double click on .L

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TOKYO - The Nikkei share average fell for a fourth day on Friday after the dollar plunged to a near 17-month low against the yen overnight, pressuring exporters and dented overall sentiment.

The Nikkei .N225 fell 1.3 percent to 16,724.81, the lowest closing level since March 9. The Nikkei dropped 1.3 percent for the week.

For a full report, double click on .T

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SYDNEY - Australian shares are set to open cautiously higher on Monday after top officials in China, Australia's biggest trade partner, said over the weekend the economy was showing signs of improvement.

Ahead of those comments, local share price index futures rose 0.6 percent to 5,193.0 to sit at a 9.9-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark closed up 0.3 percent last Friday after touching a 10-week high.

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FOREIGN EXCHANGE

NEW YORK - The dollar rose against most major currencies on Friday, recovering from a five-month low, as traders exited short positions after two straight days of selling in the wake of the Federal Reserve's cautious view on global market developments.

The dollar index .DXY , which measures the greenback against six major currencies, was up 0.4 percent but analysts said doubt remained that the U.S. currency would regain its footing in the near term.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasuries prices rose for a fifth straight session on Friday, in line with gains in European sovereign markets, as investors continued to snap up U.S. government bonds with the expectation that the Federal Reserve will undertake fewer rate increases this year.

The 30-year bond US30YT=RR was last up 9/32 in price to yield 2.68 percent, from 2.689 percent late on Thursday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold edged lower on Friday, as the dollar steadied above a five-month low, but the metal remained on track for a weekly gain after the Federal Reserve scaled back rate increase expectations.

Spot gold XAU= was down 0.31 percent at $1,253.99 an ounce by 2:52 p.m. EST (1852 GMT), while U.S. gold futuresGCcv1settled 0.8 percent lower at $1,254.3 an ounce. Spot gold was up around 0.4 percent on the week.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper slipped from a four-month high on Friday as investors locked in gains after a rally prompted by a more dovish U.S. rate outlook, though stronger oil prices and lower inventories cushioned the fall.

Three-month copper on the London Metal Exchange CMCU3 fell 0.5 percent to close at $5,042 a tonne in official trade after hitting $5,131 a tonne earlier, its best level since early November.

For a full report, double click on MET/L

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OIL

NEW YORK - Crude oil prices settled lower on Friday after the U.S rig count rose for the first time since December, renewing worries of a supply glut after an output freeze proposal helped boost the market to 2016 highs and multi-week gains.

Brent crude LCOc1 finished down 34 cents, or 0.8 percent, at $41.20 a barrel, having risen $1 earlier to a 2016 high of $42.54.

For a full report, double click on O/R

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