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

Published 20/10/2016, 07:23 am
© Reuters.  UPDATE 1-New Zealand/Australia Morning Call-Global markets
EUR/USD
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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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BHPB
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MS
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GC
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HG
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CL
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FTMC
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IXIC
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US10YT=X
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6753
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(Updates with fresh numbers throughout) ---------------------------------------------------------------- Snapshot at: 07:12 / 2012 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,435.36 +24.61 NZSX 50

6,976.53 +3.45 DJIA

18,202.62 +40.68 Nikkei

16,998.91 +35.30 NASDAQ

5,246.41 +2.58 FTSE

7,021.92 +21.86 S&P 500

2,144.29 +4.69 Hang Seng

23,304.97 -89.42 SPI 200 Fut

5,415.00 +9.00 STI

2,844.62 +13.99 SSEC

3,085.32 +1.45 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.313 +0.000 US 10 YR Bond

1.742 -0.007 NZ 10 YR Bond

2.645 +0.000 US 30 YR Bond

2.502 -0.010 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7712 0.7673 NZD US$

0.7226 0.7201 EUR US$

1.0970 1.0982 Yen US$

103.42 103.59 ---------------------------------------------------------------- Commodities Gold (Lon)

1,269.05

Silver (Lon)

17.62 Gold (NY)

1,262.24

Light Crude

51.42 TRJCRB Index

190.77 +0.99 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks notched a second straight day of gains on Wednesday, as climbing oil prices lifted the energy sector and earnings from Morgan Stanley (NYSE:MS) provided a boost to financials.

The Dow Jones industrial average .DJI rose 40.95 points, or 0.23 percent, to 18,202.89, the S&P 500 .SPX gained 4.72 points, or 0.22 percent, to 2,144.32 and the Nasdaq Composite .IXIC added 2.58 points, or 0.05 percent, to 5,246.41.

For a full report, double click on .N

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LONDON - Britain's top share index finished higher on Wednesday, with energy stocks tracking a sharp rally in crude oil prices and banks gaining momentum after U.S. bank Morgan Stanley reported better-than-expected profits.

The FTSE 100 .FTSE ended 0.3 percent higher at 7,021.92 points, not far from its record high of 7,129.83 in the previous week. The FTSE mid-cap 250 index .FTMC rose 0.3 percent.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average rose for a fourth day on Wednesday, taking cues from a bounce in Wall Street shares, while Sharp Corp 6753.T jumped 11 percent after saying it expects significant improvement in annual profit.

The Nikkei .N225 ended 0.2 percent higher at 16,998.91.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The euro weakened against the U.S. dollar on Wednesday, a day before the European Central Bank is due to meet, with investors focused on whether ECB President Mario Draghi will give any indications that the central bank will begin tapering its bond purchase program.

The euro EUR= slipped 0.11 percent against the greenback to $1.0966.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields were little changed on Wednesday as dealers bought and sold government bonds to hedge securities they underwrote, which was led by Saudi Arabia's first-ever global bond issue.

Benchmark U.S. 10-year Treasury notes US10YT=RR were up 1/32 in price to yield 1.752 percent, up fractionally from late Tuesday. The 10-year yield bounced in a 4 basis point trading range and held below a four-month peak of 1.841 percent reached on Monday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rose to a two-week high on Wednesday, gaining for the third straight session and breaching the 200-day moving average amid uncertainty over the timing of a U.S. interest rate increase and ahead of the final U.S. presidential debate.

Spot gold XAU= was up 0.5 percent at $1,268.44 an ounce by 2:27 p.m. EDT (1827 GMT), after touching its highest since Oct. 5 at $1,273.34. U.S. gold futures GCcv1 settled up 0.6 percent at $1,269.90.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper slipped on Wednesday as Chinese industrial production data for last month missed forecasts, although news that major producer BHP Billiton (LON:BLT) had put its 2017 copper output guidance under review underpinned prices.

Three-month copper on the London Metal Exchange CMCU3 closed down 0.2 percent at $4,671 a tonne, after ending the past two sessions little changed. It held above a one-month low of $4,623.25 a tonne touched on Friday.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices rose more than 2 percent on Wednesday, with U.S. crude settling at its highest in 15 months after the government reported a surprisingly large drop in inventories for the sixth week out of seven.

U.S. West Texas Intermediate (WTI) crude's front-month contract, November CLc1 , closed up $1.31, or 2.6 percent, at $51.60 a barrel for its highest settlement since July 14. Its session peak of $51.93 was also the highest in 15 months.

But with its expiry due on Thursday, the November contract saw lighter trades than December WTI CLc2 , which hit a 5-month high of $52.22. The December contract will be front-month from Friday.

For a full report, double click on O/R

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