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New Zealand/Australia Morning Call-Global markets

Published 01/06/2016, 05:20 am
Updated 01/06/2016, 05:30 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
UK100
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US500
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07:18 / 1918 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,378.56 -29.46 NZSX 50

7,039.41 +19.77 DJIA

17,755.29 -117.93 Nikkei

17,234.98 +166.96 NASDAQ

4,931.93 -1.58 FTSE

6,230.79 -40.00 S&P 500

2,092.33 -6.73 Hang Seng

20,815.09 +185.70 SPI 200 Fut

5,356.00 -26.00 STI

2,791.06 -5.69 SSEC

2,916.15 +93.70 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.294 -0.028 US 10 YR Bond

1.835 +0.000 NZ 10 YR Bond

2.630 +0.000 US 30 YR Bond

2.631 -0.009 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7219 0.7233 NZD US$

0.6754 0.6718 EUR US$

1.1128 1.1130 Yen US$

110.57 111.14 ---------------------------------------------------------------- Commodities Gold (Lon)

1,212.10

Silver (Lon)

15.98 Gold (NY)

1,205.20

Light Crude

48.92 TRJCRB Index

186.15 +0.02 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street fell on Tuesday, led lower by consumer stocks after tepid consumer confidence data, but the S&P 500 was on pace to show gains for May.

The Dow Jones industrial average .DJI was down 121.56 points, or 0.68 percent, at 17,751.66, the S&P 500 .SPX lost 8.04 points, or 0.38 percent, at 2,091.02 and the Nasdaq Composite .IXIC dipped 1.53 points, or 0.03 percent, at 4,931.97.

For a full report, double click on .N

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LONDON - Britain's top share index broke a three-month streak of gains after the results of a telephone poll showed British voters were favouring a vote to leave the European Union in a June 23 referendum.

The FTSE 100 index was down 0.6 percent at 6,230.79 points at the close, easing from a one-month high of 6,290.07 points touched earlier in the session.

For a full report, double click on .L

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TOKYO - Japanese stocks rose for a fifth straight day on Tuesday as growing expectations of an imminent U.S. interest rate hike helped the dollar hold onto recent gains against the yen, supporting exporter shares.

The Nikkei share average .N225 rose 1.0 percent to 17,234.98.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar was mostly flat against a basket of major currencies on Tuesday after U.S. economic data failed to support expectations for a June or July Federal Reserve interest rate hike.

The dollar index .DXY , which measures the greenback against a basket of six major currencies, was last nearly unchanged at 95.564, down from a two-month high of 95.968 hit on Monday. The euro hit a session high of $1.1173, up from a more than 10-week low of $1.1096 hit on Monday.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury debt yields rose across the board on Tuesday, with that of short-dated notes rising to their highest in more than two months, after upbeat consumer spending data reinforced expectations of interest rate hikes in the next few months.

In mid-morning trading, benchmark 10-year Treasury notes US10YT=RR were down 12/32 in price for a yield of 1.879 percent, from 1.854 percent last Friday. U.S. 10-year yields rose as high as 1.89 percent, their highest since late April.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rose 1 percent on Tuesday, rebounding from the prior session's three-and-a-half-month low, but remained on track for its biggest monthly decline since November on dollar strength and growing expectations of an imminent U.S. interest rate hike.

Spot gold XAU= was up 1 percent at $1,216.80 an ounce at 2:38 p.m. EDT (1838 GMT), after Monday's fall to its lowest since Feb. 17 at $1,199.60. It was on track to close May down 5.9 percent.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper fell on Tuesday to be on track for its biggest monthly drop since November, pressured by a resurgent dollar, surplus supplies of the metal and slack demand growth in China.

Benchmark copper CMCU3 ended down 0.5 percent at $4,671 a tonne. Prices of the metal used in power and construction have dropped by more than 7 percent so far this month.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices rose on Tuesday, heading for the fourth straight monthly gain, with investors betting on higher U.S. fuel demand as peak driving season arrived in the No. 1 oil consumer.

The front month in U.S. crude's West Texas Intermediate (WTI) futures CLc1 was up 65 cents, or 1.3 percent, at $49.98 a barrel by 12:37 p.m. EDT (1737 GMT). WTI was headed for a 9 percent gain for May. On Thursday, it hit a seven-month high of $50.21.

For a full report, double click on O/R

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