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New Zealand/Australia Morning Call-Global markets

Published 08/06/2016, 05:23 am
Updated 08/06/2016, 05:30 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
AUD/USD
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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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JP225
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HK50
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DX
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GC
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HG
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LCO
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CL
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US10YT=X
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WELLINGTON, June 8 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:22 / 1922 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,371.03 +10.60 NZSX 50

7,037.31 +12.93 DJIA

17,971.73 +51.40 Nikkei

16,675.45 +95.42 NASDAQ

4,967.81 -0.90 FTSE

6,284.53 +11.13 S&P 500

2,115.34 +5.93 Hang Seng

21,328.24 +298.02 SPI 200 Fut

5,365.00 -13.00 STI

2,848.09 +16.81 SSEC

2,936.21 +2.11 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.189 -0.019 US 10 YR Bond

1.718 -0.005 NZ 10 YR Bond

2.615 +0.040 US 30 YR Bond

2.537 -0.008 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7454 0.7434 NZD US$

0.6966 0.6931 EUR US$

1.1357 1.1354 Yen US$

107.34 107.57 ---------------------------------------------------------------- Commodities Gold (Lon)

1,241.00

Silver (Lon)

16.42 Gold (NY)

1,244.86

Light Crude

50.46 TRJCRB Index

192.43 +1.16 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Surging energy shares pushed the S&P 500 to within 16 points of its record high and the Dow above 18,000 for the first time since April, but tumbling biotech stocks capped gains on the Nasdaq.

At 12:33 p.m. ET (1633 GMT) the Dow Jones Industrial Average .DJI was up 76.33 points, or 0.43 percent, at 17,996.66, easing after hitting a session high of 18,003.23.

The S&P 500 .SPX was up 8.83 points, or 0.42 percent, at 2,118.24, slightly off its session high. The index hit a record high of 2,134.72 in May last year.

The Nasdaq Composite .IXIC eked out a gain of 6.46 points, or 0.13 percent, at 4,975.18.

For a full report, double click on .N

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LONDON - Britain's benchmark share index chalked up its third straight day of gains on Tuesday, as a rise in oil and energy shares offset weaker mining stocks.

The blue-chip FTSE 100 index .FTSE closed up 0.2 percent at 6,284.53 points.

For a full report, double click on .L

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TOKYO - Japanese share prices bounced back from a four-week low on Tuesday after Federal Reserve Chair Janet Yellen held back from giving a clear hint on the Fed's rate hike timing, even as she stuck to the script that an increase is likely resonably soon.

The Nikkei average .N225 rose 0.6 percent to 16,675.45 while the broader Topix .TOPX gained 0.6 percent to 1,340.77, with resource-related companies outperforming the market.

Turnover remained low at 1.78 trillion yen, about a quarter below the average over the last 100 sessions.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The Australian dollar strengthened on Tuesday after the Reserve Bank of Australia kept interest rates on hold and hinted it was in no hurry to ease monetary policy further on signs of reasonably strong economic growth.

The Aussie was the biggest gainer among major currencies, hitting $0.7458, its highest since May 6 AUD=D4 . It was up 1.2 percent at $0.7455.

On the other hand, the dollar was subdued after Fed Chair Yellen on Monday did not specify on the timing of a rate hike.

The dollar index .DXY eased 0.1 percent at 93.811, holding above a near four-week trough of 93.745 set on Monday

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury prices rose on Tuesday, boosted by expectations that the Federal Reserve will not raise interest rates for several months, but briefly pared gains after government had to pay more to sell new three-year notes.

Benchmark 10-year notes US10YT=RR gained 3/32 in price to yield 1.713 percent, down from 1.723 percent late on Monday. The yields have risen from two-month lows of 1.697 percent on Friday, after the weak jobs report.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold inched lower on Tuesday, as investors turned cautious after the metal failed to sustain a recent rally, though it held near the previous day's two-week high after the Federal Reserve further dampened speculation about an imminent U.S. rate rise.

Spot gold XAU= was down 0.1 percent at $1,243.43 an ounce at 2:58 p.m. EDT (1858 GMT), while U.S. gold futures GCv1 for August delivery settled down 40 cents at $1,247 an ounce. Spot gold hit its highest since May 24 on Monday at $1,248.40.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper fell on Tuesday as funds reversed bets on higher prices, but a softer dollar is expected to offset some of the negative sentiment created by weak demand growth in top consumer China.

Benchmark copper CMCU3 on the London Metal Exchange ended down 2.6 percent at $4,568 a tonne. The metal used widely in power and construction touched $4,748 a tonne on Monday, its highest since May 12.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices continued their climb on Tuesday, hitting eight-month highs, as expectations of U.S. crude draws underpinned a market already worried about potential supply shortages from attacks on Nigeria's oil industry.

Brent crude futures LCOc1 were up 55 cents at $51.10 a barrel by 12:20 p.m. EDT (1620 GMT), after rising to $51.30 earlier, their highest since October.

U.S. crude's West Texas Intermediate (WTI) futures CLc1 gained 40 cents to $50.09, having touched a fresh 2016 peak of $50.37 earlier.

For a full report, double click on O/R

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