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

Published 14/02/2017, 07:35 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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IXIC
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US10YT=X
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STOXX
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DXY
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---------------------------------------------------------------- Snapshot at: 07:34 / 2034 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,760.69 +40.09 NZSX 50

7,135.50 -31.07 DJIA

20,410.87 +141.50 Nikkei

19,459.15 +80.22 NASDAQ

5,762.49 +28.36 FTSE

7,278.92 +20.17 S&P 500

2,328.04 +11.94 Hang Seng

23,710.98 +136.00 SPI 200 Fut

5,732.00 +19.00 STI

3,111.63 +11.24 SSEC

3,217.22 +20.52 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.721 +0.004 US 10 YR Bond

2.432 +0.023 NZ 10 YR Bond

3.245 +0.005 US 30 YR Bond

3.030 +0.019 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7645 0.7673 NZD US$

0.7175 0.7211 EUR US$

1.0598 1.0630 Yen US$

113.58 113.59 ---------------------------------------------------------------- Commodities Gold (Lon)

1,222.25

Silver (Lon)

17.80 Gold (NY)

1,234.01

Light Crude

52.89 TRJCRB Index

192.06 -1.98 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. equity indexes hit record intraday highs on Monday, with the benchmark S&P 500's market capitalization topping $20 trillion as investors bet tax cuts promised by President Donald Trump would boost the economy.

At 2:05 p.m. ET, the Dow Jones Industrial Average .DJI was up 0.78 percent at 20,427.17 points, while the S&P 500 .SPX gained 0.59 percent to 2,329.78. The Nasdaq Composite .IXIC added 0.6 percent to 5,768.30.

For a full report, double click on .N

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LONDON - European shares gained on Monday as mining stocks touched a 2 1/2-year high on rising copper prices and mergers and acquisitions continued to drive shares, with takeover offers sending German drugmaker Stada STAGn.DE to a record high.

The pan-European STOXX 600 .STOXX index rose 0.8 percent, after earlier touching its highest level since December 2015.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average rose to more than two-week highs on Monday, helped by Wall Street breaking records, a weaker yen and relief that talks between U.S. President Donald Trump and Japan's Prime Minister Shinzo Abe yielded no negative surprises.

The Nikkei .N225 gained 0.4 percent to 19,459.15, its highest closing since Jan. 27.

For a full report, double click on .T

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SYDNEY - Australian shares are set to open a touch higher on Tuesday, tracking Wall Street, but falling energy and gold stocks will cap any gains. As results season picks up, Treasury Wine Estates and Cochlear will be reporting on Tuesday.

Local share price index futures YAPcm1 rose 0.3 percent to 5,732.0, but that was a 28.7-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.7 percent on Monday.

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FOREIGN EXCHANGE

NEW YORK - The dollar rose to a near three-week high against a basket of currencies on Monday, lifted by hopes of U.S. tax cuts to stoke corporate profits and investments, as well as bets on whether the Federal Reserve may raise interest rates more quickly.

The dollar index, which measures the greenback against six other currencies, reached 101.11, its strongest level since Jan. 20. It was last up 0.15 percent at 100.95 .DXY .

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields rose on Monday as investors looked ahead to testimony by Federal Reserve Chair Janet Yellen on Tuesday and Wednesday and as record high stock markets reduced demand for bonds.

Benchmark 10-year notes US10YT=RR fell 7/32 in price to yield 2.43 percent, up from 2.41 percent late on Friday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK/LONDON - Gold prices slipped on Monday as the dollar rose and equities climbed, but political and economic uncertainties in the United States and Europe are expected to provide support for now.

The spot price XAU= was down 0.7 percent at $1,225.71 an ounce by 2:51 p.m. EST (1951 GMT), falling further below last week's three-month high of $1,244.67. U.S. gold futures GCcv1 settled down 0.8 percent at $1,225.80.

For a full report, double click on GOL/

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BASE METALS

LONDON - The price of copper on Monday hit its highest level since May 2015, extending the previous session's near 5 percent surge after shipments from the world's two biggest copper mines were disrupted.

Three-month copper on the London Metal Exchange CMCU3 closed up 0.3 percent at $6,106 a tonne.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices declined on Monday by about 2 percent, the most since mid-January, pressured by a stronger dollar and signs of rising U.S. crude output.

Brent futures LCOc1 lost $1.11, or 2 percent, at $55.59 a barrel, while U.S. West Texas Intermediate crude CLc1 fell 93 cents, or 1.7 percent, to $52.93 per barrel.

For a full report, double click on O/R

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