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New Zealand/Australia Morning Call-Global markets

Published 23/09/2016, 05:30 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
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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IXIC
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US10YT=X
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TOPX
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DXY
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WELLINGTON, Sept 23 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:29 / 1929 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,374.46 +34.90 NZSX 50

0.00 +0.00 DJIA

18,400.88 +107.18 Nikkei

16,807.62 +315.47

FTSE

6,911.40 +76.63 S&P 500

2,177.40 +14.28 Hang Seng

23,759.80 +89.90 SPI 200 Fut

5,385.00 +31.00 STI

2,846.06 -4.68 SSEC

3,042.69 +16.81 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.070 -0.028 US 10 YR Bond

1.624 -0.044 NZ 10 YR Bond

2.490 +0.010 US 30 YR Bond

2.344 -0.055 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7637 0.7655 NZD US$

0.7301 0.7339 EUR US$

1.1204 1.1225 Yen US$

100.83 100.42 ---------------------------------------------------------------- Commodities Gold (Lon)

1,339.10

Silver (Lon)

19.87 Gold (NY)

1,336.45

Light Crude

TRJCRB Index

186.32 +1.46 ---------------------------------------------------------------- ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks climbed on Thursday, led by big tech names, building on gains from a day earlier that were fueled by the Federal Reserve's decision to stand pat on interest rates.

The Dow Jones industrial average .DJI rose 71.26 points, or 0.39 percent, to 18,364.96, the S&P 500 .SPX gained 9.78 points, or 0.45 percent, to 2,172.9 and the Nasdaq Composite .IXIC added 32.97 points, or 0.62 percent, to 5,328.15.

For a full report, double click on .N

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LONDON - Britain's top share index rose on Thursday, inching back towards its highest level of the year, buoyed by a rally across global stock markets after the Federal Reserve's decision to keep U.S. interest rates on hold.

The blue-chip FTSE 100 index .FTSE closed up 1.1 percent at 6,911.40 points, edging nearer to its 2016 peak of 6,955 points reached in August, its highest level in more than a year.

For a full report, double click on .L

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TOKYO - Japanese stocks rallied in volatile trade on Wednesday after the Bank of Japan's decision to modify its policy framework, which included an amendment to its purchases of exchange traded funds (ETFs).

The Nikkei .N225 swerved in and out of the red soon after the BOJ policy decision was announced and was last up more than 1 percent, while the Topix .TOPX gained 1.7 percent after the central bank said 2.7 trillion of its ETF purchases will be linked to the index.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The dollar fell to its lowest level in 10 days against a basket of major currencies on Thursday, a day after the Federal Reserve cut its longer-term interest rate expectations.

The dollar index .DXY fell to 95.048, its lowest point since Sept. 12. It rebounded slightly in afternoon trading, gaining largely against the euro and was last down 0.25 percent at 95.426.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields declined on Thursday with benchmark yields hitting near two-week lows on revived bets the Federal Reserve would raise interest rates slowly due to weak economic growth and inflation stuck below its 2-percent goal.

In early trading, benchmark 10-year Treasury notes rose 12/32 in price for a yield of 1.627 percent, down 4 basis points from Wednesday. US10YT=RR The yield gap between five-year and 30-year Treasuries contracted to 118 basis points, about 1 basis point flatter than Wednesday. US5US30=TWEB

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold steadied on Tuesday as Federal Reserve policy makers began a two-day meeting that investors are betting will leave interest rates unchanged.

Spot gold XAU= was up 0.1 percent at $1,314.54 an ounce by 3:02 p.m. EDT (1902 GMT), while U.S. gold futures GCcv1 were little changed, having settled up 0.03 percent at $1,318.20 per ounce.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper rallied to a six-week high on Thursday as the dollar slipped after the U.S. central bank left benchmark interest rates unchanged, though gains were limited by worries about slow demand growth.

Benchmark copper CMCU3 on the London Metal Exchange ended up 1.9 percent to $4,855 a tonne, having touched $4,858.50, its highest since Aug. 12.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices rallied again on Thursday, boosted for a second day by U.S. government data that showed a surprising crude inventory drop, then crude futures pared gains as traders worried that OPEC was not nearing an agreement to reduce a global glut.

U.S. West Texas Intermediate (WTI) crude futures CLc1 were up $1, or 2.2 percent, at $46.34 a barrel by 1:35p.m. EDT (1735 GMT). The session high for WTI was $46.52.

Brent crude futures LCOc1 rose 65 cents, or 1.4 percent, to $47.48. The session peak for Brent was $47.83.

For a full report, double click on O/R

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