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New Zealand/Australia Morning Call-Global markets

Published 17/02/2016, 05:58 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
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WELLINGTON, Feb 17 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:56 / 1856 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

4,910.04 +66.58 NZSX 50

6,075.37 +41.09 DJIA

16,177.88 +204.04 Nikkei

16,054.43 +31.85 NASDAQ

4,427.78 +90.27 FTSE

5,862.17 +37.89 S&P 500

1,892.71 +27.93 Hang Seng

19,122.08 +203.94 SPI 200 Fut

4,878.00 +3.00 STI

2,644.58 +36.68 SSEC

2,837.41 +91.21 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.539 +0.004 US 10 YR Bond

1.795 +0.049 NZ 10 YR Bond

3.080 +0.000 US 30 YR Bond

2.662 +0.060 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7088 0.7153 NZD US$

0.6553 0.6597 EUR US$

1.1136 1.1154 Yen US$

113.91 114.58 ---------------------------------------------------------------- Commodities Gold (Lon)

1,209.50

Silver (Lon)

15.25 Gold (NY)

1,209.30

Light Crude

28.85 TRJCRB Index

158.74 -1.62 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street was higher on Tuesday afternoon, extending a rally from Friday, as investors went bargain hunting among beaten-down consumer discretionary, industrial and financial stocks.

Even a drop in crude oil prices, which has dictated the stock market's move recently, failed to derail stocks. At 12:38 p.m. ET, the Dow Jones industrial average .DJI was up 168.81 points, or 1.06 percent, at 16,142.65.

The S&P 500 .SPX was up 23.53 points, or 1.26 percent, at 1,888.31 and the Nasdaq Composite .IXIC was up 76.26 points, or 1.76 percent, at 4,413.77.

For a full report, double click on .N

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LONDON - Britain's top share index rose in choppy trade on Tuesday, with oil shares holding on to gains after news that some oil producing countries were cooperating to tackle a supply glut.

The energy sector contributed over 10 points to the FTSE 100 .FTSE , which was up 0.7 percent at 5,862.17 points at the close.

For a full report, double click on .L

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TOKYO -

Japanese stocks rose slightly in choppy trade on Tuesday after the previous day's spectacular rebound as oil prices cleared a one-week high.

The Nikkei share average .N225 edged up 0.2 percent to close at 16,054.43. The broader Topix .TOPX rose 0.4 percent to end the day at 1,297.01 with 19 of its 33 subindexes in positive territory.

The JPX-Nikkei Index 400 .JPXNK400 gained 0.4 percent to 11,721.81.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The dollar rose against most major currencies on Tuesday as an agreement between the world's top oil producers increased investors' appetite for risk. However, the Japanese yen rose against the dollar as the deal left some investors unsatisfied and buying the safe-haven currency.

The dollar fell 0.6 percent against the yen JPY= to 113.84 yen, reversing earlier gains. The euro EUR= fell 0.1 percent against the dollar to $1.1140.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury debt prices fell on Tuesday as gains on Wall Street stocks trimmed safehaven demand for bonds, lifting benchmark yields further from their near 3-1/2 years lows set last week.

Benchmark 10-year Treasury notes US10YT=RR were down 7/32 in price for a yield of 1.772 percent, up 3 basis points from late on Friday. The 30-year bond US30YT=RR last traded 24/32 lower in price, yielding 2.641 percent, up 4 basis points from Friday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold steadied on Tuesday as U.S. stocks opened higher, allaying earlier market jitters that had pressured European equities and boosted interest in the precious metal as a haven from risk. Spot gold XAU= was at $1,209.21 an ounce at 1502 GMT, little changed from $1,209.30 late on Monday, when it shed 2.3 percent, its biggest one-day loss since mid-July.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper prices steadied on Tuesday, supported by some positive data from China, but doubts over demand in the top consumer and a stronger dollar gave the bears a slight edge.

Benchmark copper CMCU3 on the London Metal Exchange ended little changed at $4,558 a tonne from $4,562 at Monday's close.

For a full report, double click on MET/L

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OIL

NEW YORK - Brent oil fell 3 percent on Monday, erasing early gains after top producers Russia and Saudi Arabia dashed expectations of an outright supply cut by agreeing only to freeze output if other big exporters joined them.

Brent LCOc1 was down $1 at $32.39 a barrel by 12:47 p.m. EST, after rising earlier to $35.55.

U.S. crude CLc1 slid by 30 cents to $28.14, down from the day's high of $31.53.

For a full report, double click on O/R

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