WELLINGTON, Jan 8 (Reuters) - Overnight market action with latest New York figures.
---------------------------------------------------------------- Snapshot at: 07:24 / 1824 GMT ---------------------------------------------------------------- Stock Markets
NetChng
NetChng S&P/ASX 200
5,010.34 -112.79 NZSX 50
6,213.4 -49.1 DJIA
16,579.43 -327.08 Nikkei
17,767.34 -423.98 NASDAQ
4,710.79 -124.98 FTSE
5,954.08 -119.30 S&P 500
1,949.68 -40.58 Hang Seng
20,333.34 -647.47 SPI 200 Fut
4,906.00 -52.00 STI
2,729.91 -74.36 SSEC
3,115.90 -245.94 ---------------------------------------------------------------- Bonds
NetChg
NetChg AU 10 YR Bond
2.725 +0.008 US 10 YR Bond
2.167 -0.010 NZ 10 YR Bond
3.390 -0.010 US 30 YR Bond
2.941 +0.001 ---------------------------------------------------------------- Currencies
1700GMT
1700GMT AUD US$
0.7013 0.7044 NZD US$
0.6638 0.6645 EUR US$
1.0882 1.0815 Yen US$
117.69 118.02 ---------------------------------------------------------------- Commodities Gold (Lon)
1,106.35
Silver (Lon)
14.35 Gold (NY)
1,094.30
Light Crude
33.44 TRJCRB Index
168.91 -0.55 ----------------------------------------------------------------
EQUITIES
NEW YORK - U.S. stocks were sharply lower on Thursday as market volatility in China and a relentless slide in oil prices unnerved investors, extending the shaky start to the year.
At 12:34 p.m. ET (1734 GMT) the Dow Jones industrial average .DJI was down 206.75 points, or 1.22 percent, at 16,699.76, the S&P 500 .SPX was down 25.49 points, or 1.28 percent, at 1,964.77 and the Nasdaq Composite index .IXIC was down 79.95 points, or 1.65 percent, at 4,755.82.
For a full report, double click on .N
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LONDON - More than 30 billion pounds were wiped off British blue chips on Thursday after China allowed its currency to weaken faster than before, rocking global markets and sending commodity shares to their lowest levels for about a decade.
The commodity-heavy FTSE 100 .FTSE hit a three-week low and closed down 119.30 points, or 2 percent at 5,954.08 to wipe 33 billion pounds off the index's market capitalisation.
For a full report, double click on .L
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TOKYO - Japanese stocks tumbled on Thursday for a fourth day after China's central bank weakened the yuan - sparking a sharp strengthening of the yen and rattling investors already on edge over geopolitical tensions.
The Nikkei share average .N225 tumbled 2.3 percent to 17,767.34, the lowest closing level since Oct. 2.
For a full report, double click on .T
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FOREIGN EXCHANGE
NEW YORK - Investors unnerved by the global market rout due to fears about a weakening yuan and the Chinese economy piled into the yen on Thursday, sending it to the strongest levels against the dollar in over four months.
The uncertainty on China led traders to sell the Australian dollar, which is seen as a proxy on Chinese growth, pushing it to its lowest since September versus the greenback and the yen AUD= AUDJPY= .
The yen was last up 0.4 percent at 118.00 yen per dollar JPY= and up 1.2 percent against the Aussie at 82.80 yen.
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. benchmark and long-dated Treasury yields edged higher on Thursday, reversing course after touching multi-week lows in early trading, as traders viewed the decline in yields due to global market turmoil as overextended.
U.S. 10-year Treasury notes US10YT=RR were last down 3/32 in price to yield 2.190 percent, from late Wednesday's yield of 2.177 percent. U.S. 30-year Treasury bonds US30YT=RR were last down 14/32 in price to yield 2.963 percent, from a yield of 2.940 percent late on Wednesday. U.S. two-year notes US2YT=RR were last mostly flat in price to yield 0.976 percent, from a yield of 0.984 percent late on Wednesday and a session low of 0.936 percent.
For a full report, double click on US/
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COMMODITIES
GOLD
NEW YORK - Gold climbed above $1,100 an ounce for the first time in nine weeks on Thursday as the dollar fell and investors channelled money into safer assets after worries about the Chinese economy hit global stocks.
Spot gold XAU= rose to a nine-week high of $1,106.80 an ounce at one stage and was up 1.1 percent at $1,105.73 by 1503 GMT. U.S. gold futures also jumped for a fourth straight session to a nine-week high of $1,106.70.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper prices tumbled on Thursday, hitting their lowest in nearly seven years, as plunging equities in China highlighted the country's economic problems and reinforced concern about demand for industrial metals.
Benchmark copper CMCU3 on the London Metal Exchange ended down 2.1 percent at $4,524 a tonne. The metal, used in power and construction, earlier touched $4,430, its lowest since May 2009.
For a full report, double click on MET/L
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OIL
NEW YORK - Oil lurched to new 12-year lows before paring some losses on Thursday, with some traders betting a rout triggered by fears over China demand and swelling U.S. stockpiles had run its course, for now.
Brent LCOc1 was 25 cents lower at $33.98 a barrel by 12:18 p.m. EST (1718 GMT) after sliding during European trading to a low of $32.16, a level last seen in April 2004. WTI CLc1 were down 50 cents at $33.47, after hitting a low of $32.10, their lowest since late 2003.
For a full report, double click on O/R
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