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

Published 10/12/2015, 07:45 am
Updated 10/12/2015, 07:50 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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HK50
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US30YT=X
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(Repeat to additional subscribers, no change to text) ---------------------------------------------------------------- Snapshot at: 07:42 / 2042 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

0.00 +0.00 NZSX 50

0.00 +0.00 DJIA

17,502.39 -65.61 Nikkei

19,301.07 -191.53 NASDAQ

5,022.09 -76.16 FTSE

6,126.68 -8.54 S&P 500

2,048.74 -14.85 Hang Seng

21,803.76 -101.37 SPI 200 Fut

5,053.00 -28.00 STI

2,861.19 -14.84 SSEC

3,473.10 +3.03 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.835 +0.006 US 10 YR Bond

2.213 -0.025 NZ 10 YR Bond

3.550 -0.005 US 30 YR Bond

2.968 -0.007 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7236 0.7225 NZD US$

0.6729 0.6637 EUR US$

1.1020 1.0922 Yen US$

121.31 122.70 ---------------------------------------------------------------- Commodities Gold (Lon)

1,081.00

Silver (Lon)

14.18 Gold (NY)

1,074.31

Light Crude

37.40 TRJCRB Index

177.56 +0.17 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks were down late on Wednesday after reversing course earlier in the day as oil resumed its decline and investors took profits ahead of a Federal Reserve meeting next week that is expected to result in an interest rate hike.

At 3:13 p.m. (2015 GMT), the Dow Jones industrial average .DJI was down 107.8 points, or 0.61 percent, to 17,460.2, the S&P 500 .SPX had lost 19.95 points, or 0.97 percent, to 2,043.64 and the Nasdaq Composite .IXIC had dropped 86.56 points, or 1.7 percent, to 5,011.68.

For a full report, double click on .N

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LONDON - Britain's top share index steadied at the close on Wednesday, recovering after early losses on the back of a rally in commodity stocks following a sharp rise in prices of industrial metals and oil.

The blue-chip FTSE 100 index .FTSE closed 0.1 percent weaker at 6,126.68 points after falling to 6,101.22 points earlier in the day. It fell 1.4 percent in the previous session to its lowest level in nearly a month.

For a full report, double click on .L

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TOKYO - Japanese stocks fell on Wednesday as sliding oil prices continued to cut risk appetites and offset Japan's better-than-expected machinery orders data. The Nikkei share average .N225 declined 1 percent to 19,301.07, its lowest closing since Nov. 6.

For a full report, double click on .T

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SYDNEY - Australian shares are likely to open lower for a third consecutive session on Thursday as the benchmark lingers near a three-week low, under pressure from a weaker iron ore price.

Local share price index futures YAPcm1 fell 0.5 percent to 5,055.0, a 25-point discount to the underlying S&P/ASX 200 index .AXJO close on Tuesday. The benchmark fell 0.55 percent in the last session.

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FOREIGN EXCHANGE

NEW YORK - The dollar fell sharply on Wednesday as investors cleared out long positions on the greenback against the yen, sterling and euro in thin trading, with each rising more than 1 percent.

The dollar also fell 1 percent against the Swedish crown SEK= and Norwegian crown NOK= , which rebounded from a 13-year low against the dollar on Tuesday.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury debt yields rose on Wednesday in generally thin volume, as oil prices rallied on lower U.S. crude oil storage figures and as dealers awaited the 10-year auction later in the session. The U.S. 30-year bond yield, which moves inversely to the price, rose above 3.0 percent, while benchmark 10-year yields climbed to the day's peak of just under 2.6 percent.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rose 1 percent on Wednesday, supported by softness in the dollar and European shares, but investors remained cautious ahead of an anticipated Federal Reserve rate rise next week.

Spot gold XAU= rose to a session high of $1,085.20 an ounce and was up 0.6 percent to $1,080.13 an ounce by 1447 GMT. The metal is around $35 higher than a near-six-year low reached last week.

For a full report, double click on GOL/

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BASE METALS

LONDON - Aluminium rose on Wednesday as expectation of output cuts in China prompted some investors to reverse bearish bets while lead hit a month peak as inventories hovered at multi-year lows.

Benchmark aluminium CMAL3 on the London Metal Exchange closed up 0.9 percent at $1,490 a tonne.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices fell for a fourth day in a row on Wednesday after the market ignored an unexpected drawdown in U.S. crude stockpiles to focus on a build in distillates, including diesel, that came in twice as large than expected.

Brent crude LCOc1 settled down 15 cents at $40.11 a barrel, after hitting a near seven-year low at $39.57. The benchmark has lost $3.73, or 8.5 percent, since Thursday, after an OPEC meeting on Friday virtually abandoned price support measures for oil.

U.S. West Texas Intermediate (WTI) crude CLc1 finished the session down 35 cents at $37.16.

For a full report, double click on O/R

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