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New Zealand/Australia Morning Call-Global markets

Published 14/03/2016, 05:26 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
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US500
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DJI
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AXJO
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DE40
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IT40
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JP225
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HK50
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GS
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DX
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US10YT=X
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WELLINGTON, March 14 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:26 / 1826 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,166.39 +16.32 NZSX 50

6,515.41 +7.13 DJIA

17,213.31 +218.18 Nikkei

16,938.87 +86.52 NASDAQ

4,748.47 +86.31 FTSE

6,139.79 +103.09 S&P 500

2,022.19 +32.62 Hang Seng

20,199.60 +215.18 SPI 200 Fut

5,222.00 +42.00 STI

2,828.86 +19.74 SSEC

2,809.17 +4.44 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.687 +0.009 US 10 YR Bond

1.980 +0.000 NZ 10 YR Bond

3.010 -0.010 US 30 YR Bond

2.749 +0.000 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7541 0.7492 NZD US$

0.6719 0.6691 EUR US$

1.1141 1.1159 Yen US$

113.88 113.50 ---------------------------------------------------------------- Commodities Gold (Lon)

1,264.75

Silver (Lon)

15.49 Gold (NY)

1,249.46

Light Crude

38.50 TRJCRB Index

173.53 +1.64 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - The Dow and S&P 500 rallied on Friday to their best close of 2016 as investors embraced the European Central Bank's stimulus measures and steadying oil prices drove up energy shares.

The Dow Jones industrial average .DJI rose 218.18 points, or 1.28 percent, to 17,213.31, the S&P 500 .SPX gained 32.62 points, or 1.64 percent, to 2,022.19 and the Nasdaq Composite .IXIC added 86.31 points, or 1.85 percent, to 4,748.47.

For a full report, double click on .N

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LONDON - Banking stocks lifted Britain's FTSE 100 on Friday, although they underperformed leading euro zone shares favoured by investors as the main beneficiaries of bold stimulus measure from the European Central Bank.

The blue-chip index .FTSE closed up by 103.09 points, or 1.7 percent, at 6,139.79 points by the close, recovering from Thursday's two-week low, while Germany's DAX .GDAXI rose 3.5 percent and Italy's FTSE MIB .FTMIB nearly 5 percent.

For a full report, double click on .L

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TOKYO - Japanese stocks rose on Friday as a weaker yen boosted the profit outlook for exporters while a bounce in global oil prices improved risk appetite.

Trade was choppy, with the Nikkei share average .N225 trading in negative territory earlier. The Nikkei gained 0.5 percent to 16,938.87. but the benchmark index fell 0.4 percent over the week.

The broader Topix .TOPX climbed 0.5 percent to 1,359.32 and the JPX-Nikkei Index 500 .JPXNK500 rose 0.5 percent to 12,296.16.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The dollar rose against a basket of currencies on Friday, bolstered by an increased appetite for riskier assets following unexpected action from the European and Chinese central banks.

The euro EUR= , which makes up the largest component of the dollar index, rose 1.4 percent against the greenback for the week. It fell 0.2 percent to $1.1155 on Friday.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields climbed in volatile trading on Friday as investors bet the U.S. economy is strong enough for an interest rate increase by the Federal Reserve and after the European Central Bank president said he did not anticipate more rate cuts.

The benchmark 10-year note US10YT=RR note was last down 14/32 in price to yield 1.979 percent, up from 1.929 on Thursday.

The 30-year bond US30YT=RR was last down 31/32 in price to yield 2.749 percent, up from 2.70 percent late on Thursday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold fell 1 percent on Friday, as the dollar rebounded and oil and world stock markets rose, after bullion extended the prior session's gains to a 13-month high touched in early trade after the European Central Bank's announcement of additional easing.

Spot gold XAU= rose as far as $1,282.51 an ounce, its strongest since Feb. 3, 2015, before falling 1 percent to $1,259.01 by 2:27 p.m. EST, as the dollar rebounded from a three-week low versus the euro.

U.S. gold for April delivery GCJ6 settled down 1.1 percent at $1,259.40 an ounce, after peaking at $1,287.80.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper rose on Friday as funds reversed bets on lower prices ahead of economic data from top consumer China, but a stronger dollar capped gains.

Benchmark copper CMCU3 on the London Metal Exchange closed up 1.6 percent at $4,970 a tonne in official rings. The metal used in power and construction was on course for its first weekly loss since the week to Feb. 12 as it continued to trade electronically.

Zinc CMZN3 climbed 2.1 percent to close at $1,802.5 a tonne in official rings, lead CMPB3 rose 1.9 percent to $1,852, nickel CMNI3 ended 0.9 percent to $8,830 and tin CMZN3 rose 0.5 percent to $16,700 a tonne.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil rose up to 2 percent on Friday, with U.S. crude gaining for a fourth straight week, after the world's energy watchdog said the market may have hit bottom, although Goldman Sachs (NYSE:GS) said the 50 percent rally in under two months was "premature."

Brent LCOc1 settled up 34 cents, or nearly 1 percent, at $40.39 a barrel. On the week, it rose 4 percent, heading for a third weekly gain in a row.

U.S. crude CLc1 finished up 85 cents, or 2 percent, at $38.69 a barrel, after hitting a 2016 high at $39.02. It was up 7 percent on the week, a fourth straight week of gains.

For a full report, double click on O/R

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