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New Zealand/Australia Morning Call-Global markets

Published 06/01/2016, 05:15 am
Updated 06/01/2016, 05:20 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
USD/JPY
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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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WELLINGTON, Jan 6 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:14 / 1814 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,184.43 -86.04 NZSX 50

6,278.10 -46.16 DJIA

17,082.03 -66.91 Nikkei

18,374.00 -76.98 NASDAQ

4,884.70 -18.39 FTSE

6,137.24 +43.81 S&P 500

2,009.69 -2.97 Hang Seng

21,188.72 -138.40 SPI 200 Fut

5,134.00 -8.00 STI

2,834.23 -1.74 SSEC

3,287.71 -8.55 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.802 -0.012 US 10 YR Bond

2.232 -0.013 NZ 10 YR Bond

3.505 -0.010 US 30 YR Bond

2.993 +0.004 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7141 0.7204 NZD US$

0.6687 0.6738 EUR US$

1.0742 1.0826 Yen US$

118.90 119.43 ---------------------------------------------------------------- Commodities Gold (Lon)

1,077.00

Silver (Lon)

13.98 Gold (NY)

1,074.30

Light Crude

35.89 TRJCRB Index

172.63 -1.86 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks recovered on Tuesday from a bruising selloff on the first trading day of the year, but early gains evaporated as investors remained wary of a global economic slowdown.

At 11:07 a.m. ET (1607 GMT), the Dow Jones industrial average .DJI was down 8.42 points, or 0.05 percent, at 17,140.52, the S&P 500 .SPX was up 2.85 points, or 0.14 percent, at 2,015.51 and the Nasdaq Composite index .IXIC was up 8.43 points, or 0.17 percent, at 4,911.52.

For a full report, double click on .N

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LONDON - British shares outperformed those elsewhere in Europe on Tuesday, buoyed by a rebound in mining stocks after moves to stabilise Chinese markets helped copper higher.

The FTSE 100 .FTSE was up 0.7 percent at 6,137.24 points by the close following a choppy session that saw only 85 percent of the 90-day average volumes traded.

For a full report, double click on .L

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TOKYO - Japanese stocks fell for a second day in choppy trade to a fresh 2-1/2-month low on Tuesday after Chinese stocks returned to negative territory, capping investors' risk appetite.

The Nikkei share average .N225 ended 0.4 percent lower at 18,374.00, the lowest closing level since Oct. 20. Earlier in trade, the index had flirted with positive territory.

The broader Topix .TOPX dropped 0.3 percent to 1,504.71 and the JPX-Nikkei Index 400 .JPXNK400 declined 0.4 percent to 13,547.19.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The yen rose on Tuesday as traders sought safety in the low-risk currency on anxiety about sluggish global growth, further losses in the Chinese stock market and the breakdown in relations between Iran and Saudi Arabia.

As European stocks turned lower, the yen jumped more than 1 percent against the euro, hitting its strongest in over eight months EURJPY= at 127.60 yen, Reuters data showed.

Against the dollar, the yen rose toward an 11-week high of 118.705 hit on Monday, up 0.3 percent on the day at 119.14 yen JPY=EBS , according to EBS data.

For a full report, double click on USD/

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TREASURIES

NEW YORK - Long-dated U.S. Treasury yields rose on Tuesday as worries eased over global growth, leading traders to sell some safe-haven U.S. government debt, while caution ahead of Friday's U.S. jobs data kept yields in tight ranges.

U.S. 30-year Treasuries were last down 12/32 in price to yield 3.008 percent, from a yield of 2.989 percent late Monday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rose on Tuesday after a wave of risk aversion due to growth worries in China and rising tensions in the Middle East triggered demand for the metal.

Spot gold XAU= was up 0.3 percent at $1,077.75 an ounce by 1514 GMT.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper bounced on Tuesday as China pumped in an estimated $20 billion to stabilise its equity and currency markets, though worries over slowing demand in the world's top metals user kept gains firmly in check.

Benchmark copper on the London Metal Exchange CMCU3 ended up 0.8 percent at $4,645 a tonne, having touched a two-week low of $4,591.50 on Monday.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices fell about 2 percent towards its 11-year low on Tuesday, as traders shrugged off growing tensions between two of the world's biggest oil producers, and focused instead on a stronger U.S. dollar and swelling U.S. crude inventories.

Global marker Brent crude prices LCOc1 were down 76 cents at $36.46 a barrel at 12:39 p.m. EDT (1739 GMT). Prices hit an 11-year low of $35.98 a barrel just before Christmas, capping a year where the benchmark's value dropped by more than a third.

U.S. West Texas Intermediate (WTI) crude CLc1 slipped 56 cents to $36.20 a barrel.

For a full report, double click on O/R

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