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New Zealand/Australia Morning Call-Global markets

Published 05/01/2017, 07:57 am
Updated 05/01/2017, 08:00 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
USD/JPY
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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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NXT
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BHP
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BHPB
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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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US30YT=X
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TOPX
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---------------------------------------------------------------- Snapshot at: 07:51 / 2051 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,736.4

+3.3 NZSX 50

6,974.310 +93.09 DJIA

19,940.23 +58.47 Nikkei

19,594.16 +479.79 FTSE

7,189.74 +11.85 S&P 500

2,270.43 +12.60 Hang Seng

22,134.47 -15.93 SPI 200 Fut

5,722.00 +25.00 STI

2,921.31 +22.34 SSEC

3,159.82 +23.90 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.792 -0.008 US 10 YR Bond

2.441 -0.013 NZ 10 YR Bond

3.310 -0.025 US 30 YR Bond

3.041 -0.009 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7274 0.7237 NZD US$

0.6950 0.6920 EUR US$

1.0477 1.0405 Yen US$

117.35 118.03 ---------------------------------------------------------------- Commodities Gold (Lon)

1,164.25

Silver (Lon)

16.42 Gold (NY)

1,158.82

Light Crude

53.07 TRJCRB Index

192.98 +2.83 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street held onto gains on Wednesday after minutes from the Fed's December meeting showed policymakers were concerned that quicker economic growth under President-elect Donald Trump could require faster interest-rate increases.

At 2:27 p.m. ET, the Dow .DJI was up 0.28 percent to 19,938.17 points and the S&P 500 .SPX had gained 0.57 percent to 2,270.69. The Nasdaq Composite .IXIC added 0.9 percent to 5,477.83.

For a full report, double click on .N

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LONDON - Britain's top share index closed slightly firmer and near a record high on Wednesday as a rally in housebuilders was offset by a slump in retailers after Next NXT.L issued a profit warning.

The bluechip FTSE 100 index .FTSE closed 0.17 percent higher at 7,189.74 points, having touched an all-time high of 7,205.45 in the previous session.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average started 2017 trading on a strong note on Wednesday as investors cheered upbeat global economic data released during Japan's holidays, and a weaker yen boosted exporters.

The Nikkei .N225 rose 2.5 percent to 19.594.16, making the biggest gains in about two months and closing at its highest level since early December 2015.

The broader Topix .TOPX gained 2.4 percent to 1,554.48, also its highest finish in over a year, led by gains in shippers, steelmakers and exporters.

For a full report, double click on .T

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SYDNEY - Australia's share market is seen with a cautious start on Thursday, as a positive lead on Wall Street could be offset by a dip in global miner BHP Billiton (LON:BLT) BHP.AX 's U.S ADRs BHP.N .

Local share market futures rose 0.4 percent to 5,722, although that was a 14.4-point discount to the close of the underling S&P/ASX 200 index .AXJO. on Wednesday. The benchmark climbed to its highest in 19 months in the last session.

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FOREIGN EXCHANGE

NEW YORK - The dollar fell against the euro and yen on Wednesday, backing off a 14-year high against a basket of currencies with investors cautious about increasing bets on the greenback without fresh clues on the U.S. economy and the timing of interest rate increases.

The dollar fell 0.5 percent against the yen JPY= to 117.23 yen.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury debt yields were flat to slightly lower in choppy trading on Wednesday after minutes of the last Federal Reserve meeting struck a more uncertain tone than the market expected, especially with respect to the new administration's fiscal policies.

In late trading, the U.S. 10-year note US10YT=RR was flat in price to yield 2.451 percent, compared with 2.454 percent late on Tuesday. U.S. 30-year bond prices were up 1/32, yielding 3.043 percent US30YT=RR , down from Tuesday's 3.05 percent.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rose to the highest in nearly four weeks on Wednesday as the dollar edged back from a 14-year peak and physical demand from major consumers China and India increased.

Spot gold XAU= climbed to its highest since Dec. 9 at $1,167.83 an ounce and was up 0.2 percent at $1,161.2 by 2:49 p.m. EST (1949 GMT). U.S. gold futures GCcv1 settled up 0.3 percent at $1,165.30.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper rose on Wednesday as the dollar retreated from a 14-year high and Chinese plans to add 2,100 km (746 miles) of track to its railway network this year bolstered demand expectations.

Benchmark copper CMCU3 on the London Metal Exchange CMCU3 closed 2.6 percent up at $5,645 a tonne. Much of the gains came after New York opened and copper broke through key resistance at $5,610 a tonne, traders said.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices ticked higher on Wednesday on expectations that U.S. crude inventories have dropped and on signs that the world's top oil exporters will stick to agreed output cuts that took effect this week.

Global benchmark Brent crude futures LCOc1 rose 28 cents to $55.75 a barrel, a 0.5 percent gain by 10:51 a.m. Eastern [1550 GMT]. U.S. West Texas Intermediate crude futures CLc1 gained 25 cents, or 0.5 percent, at $52.58 a barrel.

For a full report, double click on O/R

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