New Zealand/Australia Morning Call-Global markets

© Reuters. New Zealand/Australia Morning Call-Global markets

-----------------------(07:18 / 1918 GMT)-----------------------

Stock Markets

S&P/ASX 200

5,565.80 -24.49 NZSX 50

5,894.18 -7.12 DJIA

17,568.53 -163.39 Nikkei

20,544.53 -139.42 NASDAQ

5,088.63 -57.78 FTSE

6,579.81 -75.20 S&P 500

2,079.65 -22.50 Hang Seng

25,128.51 -270.34 SPI 200 Fut

5,467.00 -49.00 TRJCRB Index

205.04 -1.93 Bonds

AU 10 YR Bond

2.814 -0.005 US 10 YR Bond

2.262 +0.000 NZ 10 YR Bond

3.340 +0.000 US 30 YR Bond

2.960 +0.000 Currencies (Prev at 7pm NZST)

AUD US$

0.7276 0.7300 NZD US$

0.6565 0.6594 EUR US$

1.0981 1.0991 Yen US$

123.71 123.84 Commodities

Gold (Lon)

1080.80

Silver (Lon)

14.64

Gold (NY)

1098.35

Light Crude

48.14

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

EQUITIES

NEW YORK - Britain's top share index fell 1 percent on Friday, slightly underperforming broader European equities, with a slump in commodity shares tracking a sharp drop in metals and oil prices.

Some strong second-quarter company results failed to offset that impact on Friday, with the FTSE .FTSE closing down 1.1 percent at 6,579.81 points.

For a full report, double click on .L

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TOKYO - japanese shares fell to a 1-1/2 week low on Friday, dragged down by an economic survey that showed weak manufacturing activity in China, while equally dismal corporate earnings in the U.S. added to the gloom.

The Nikkei share average .N225 ended 0.7 percent lower at 20,544.53, the lowest closing level since July 15. The index closed out the week with a 0.5 percent loss.

The broader Topix .TOPX fell 0.5 percent to 1,655.86, and the JPX-Nikkei Index 400 .JPXNK400 dropped 0.6 percent to 14,929.07.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar edged up against most other major currencies Friday on data pointing to sluggish overseas economic growth, while the Australian dollar sagged to a six-year low after a Chinese manufacturing gauge fell to its weakest in 15 months.

In late U.S. trading, the dollar index .DXY was up 0.2 percent at 97.274, reducing its weekly decline to 0.6 percent.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury debt prices drifted higher on Friday, as investors sought safety in government bonds after a softer-than-expected U.S. housing report and amid a persistent downtrend in commodities and weakness on Wall Street.

In late trading, benchmark 10-year Treasury notes US10YT=RR were up 5/32 in price to yield 2.260 percent, compared with 2.275 percent late on Thursday. Yields earlier fell to 2.255 percent, the lowest since July 9.

U.S. 30-year bonds US30YT=RR were up 12/32 in price to yield 2.960 percent, compared with 2.971 percent on Thursday. Yields earlier fell to 2.95 percent, the lowest since June 2.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold turned higher after sliding more than 1 percent to its lowest since early 2010 on Friday, as the dollar fell from its highs and U.S. stocks extended losses, but the precious metal was on track to see the biggest weekly decline since March.

Spot gold XAU= hit the lowest since February 2010 at $1,077.00 an ounce but was up 0.5 percent at $1,096.29 at 2:47 p.m. EDT (1847 GMT). U.S. gold futures GCv1 for August delivery settled down 0.8 percent at $1,085.50 an ounce.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper slumped to the lowest levels in six years on Friday after weak factory data from top metals consumer China highlighted lacklustre demand that could send prices even lower.

Three-month copper on the LME CMCU3 slid to $5,191.50 a tonne, its cheapest since July 2009, before paring losses. It failed to trade in closing open outcry activity and was bid down 0.2 percent at $5,260.

For a full report, double click on MET/L

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OIL

NEW YORK - Brent and U.S. crude futures settled on Friday at their lowest since March and posted their fourth straight weekly decline as weak economic data from China and a rise in U.S. oil drilling rigs applied pressure.

Brent September crude LCOc1 fell 65 cents to settle at $54.62 a barrel, the lowest close since March 19 and off 4.3 percent for the week. The $54.30 session low was the lowest front-month price since April 2.

U.S. September crude CLc1 fell 31 cents to end at $48.14, its lowest settlement since March 31 and down 5.5 percent for the week. The session low of $47.72 was the lowest intraday price since April 1.

For a full report, double click on O/R

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