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New Zealand/Australia Morning Call-Global markets

Published 24/10/2016, 09:03 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
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SYDNEY, Oct 24 (Reuters) - - --------------------------------------------------------------- Snapshot at: 08:57 / 2157 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,430.3 -11.80 NZSX 50

6,958.40 -15.38 DJIA

18,145.71 -16.64 Nikkei

0.00 +0.00 NASDAQ

5,257.40 +15.57 FTSE

7,020.47 -6.43 S&P 500

2,141.16 -0.18 Hang Seng

0.00 +0.00 SPI 200 Fut

5,402.00 -1.00 STI

2,831.06 -11.56 SSEC

3,091.29 +6.83 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.300 -0.004 US 10 YR Bond

1.736 +0.000 NZ 10 YR Bond

2.615 +0.000 US 30 YR Bond

2.486 +0.000 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7602 0.7643 NZD US$

0.7154 0.7169 EUR US$

1.0881 1.0906 Yen US$

103.84 103.93 ---------------------------------------------------------------- Commodities Gold (Lon)

1,266.05

Silver (Lon)

17.48 Gold (NY)

1,266.25

Light Crude

50.85 TRJCRB Index

189.40 +0.62 ----------------------------------------------------------------

EQUITIES

NEW YORK - The S&P 500 and the Dow were little changed and the Nasdaq advanced on Friday as a record day for Microsoft (NASDAQ:MSFT) and earnings from McDonald's helped offset a fall in energy and healthcare shares.

The Dow Jones industrial average .DJI fell 16.64 points, or 0.09 percent, to 18,145.71, the S&P 500 .SPX lost 0.18 points, or 0.01 percent, to 2,141.16 and the Nasdaq Composite .IXIC added 15.57 points, or 0.3 percent, to 5,257.40.

For the week, the Dow edged up 0.04, the S&P rose 0.4 percent and the Nasdaq climbed 0.8 percent.

For a full report, double click on .N

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LONDON - Britain's top share index steadied at the close on Friday after hitting a one-week high, with stronger miners following a rally in metals prices offsetting weaker companies such as British American Tobacco BATS.L .

The blue chip FTSE 100 index .FTSE closed 0.09 percent lower at 7,020.47 points after hitting an intra-day peak of 7,058.39, the highest level since Oct. 12.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average edged down in choppy trade on Friday, snapping a five-day winning streak while investors await for major Japanese companies to report their mid-year results next week.

The Nikkei .N225 ended 0.3 percent lower at 17,184.59, falling for the first time in six sessions. For the week, it was still up 1.9 percent. The broader Topix .TOPX dropped 0.4 percent to 1,365.29 and the JPX-Nikkei Index 400 .JPXNK400 shed 0.3 percent to 12,231.17.

For a full report, double click on .T

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SYDNEY - Australian shares are seen flat on Monday, tracking Wall Street's sideways movement on Friday.

Local share price futures YAPcm1 barely moved overnight, ticking one point lower to 5,402 points. That is a 0.5 percent discount to the underlying S&P/ASX 200 benchmark .AXJO . The index lost 0.2 percent on Friday and was 0.1 percent lower for the week.

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FOREIGN EXCHANGE

NEW YORK - The dollar rose to its highest level since early February against a basket of currencies on Friday, boosted by higher expectations of a Federal Reserve interest rate hike this year and by the euro weakening to seven-month lows.

The dollar index .DXY rose as high as 98.813, the highest since Feb 3. The euro EUR= fell as low as $1.0859, the lowest since March 10.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields were little changed on Friday as expectations the Federal Reserve would raise U.S. interest rates by year-end offset demand for bonds following comments by European Central Bank President Mario Draghi on bond purchases.

Benchmark 10-year Treasury notes US10YT=RR were up 2/32 in price to yield 1.738 percent, down less than 1 basis point from late Thursday. It reached a four-month peak at 1.841 percent on Monday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold prices were little changed on Friday as a strong dollar limited gains, but the precious metal notched its first weekly rise in four as seasonal demand from Asia kicked in.

Spot gold XAU= was up 0.1 percent at $1,267.23 an ounce by 2:57 p.m. EDT (1857 GMT). For the week, prices rose 1.4 percent, clawing back part of the 6.6 percent shed over the last three weeks.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper edged lower on Friday to mark the metal's third weekly fall, partly in response to the dollar, which hit an 8-month high, and also worries about China's demand, while zinc, lead and tin posted weekly gains.

London Metal Exchange copper CMCU3 closed down 0.4 percent at $4,635 a tonne, not far off its lowest in a month reached last week, on concerns over the impact of steps by China to douse its hot housing market, which drives demand for copper to produce white goods and power.

LME aluminium CMAL3 climbed away from one-month lows, closing up 0.8 percent at $1,625 a tonne, but fell 2.9 percent on the week, its biggest weekly drop since early September, as China producers ramped up supply.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil settled up on Friday on hopes Russia and OPEC will reach agreement at the weekend on market support initiatives to keep crude above $50 a barrel, although traders cautioned about pressure from a double-digit rise in the U.S. oil rig count.

Brent LCOc1 settled up 40 cents, or 0.8 percent, at $51.78. For the week, it ended flat.

U.S. West Texas Intermediate crude settled up 22 cents, or 0.4 percent, at $50.85 a barrel. WTI hit a July 2015 high of $51.93 on Wednesday and ended the week 1 percent higher.

For a full report, double click on O/R

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