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New Zealand/Australia Morning Call-Global markets

Published 17/03/2017, 05:22 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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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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US2YT=X
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US10YT=X
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US30YT=X
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DXY
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---------------------------------------------------------------- Snapshot at: 07:21 / 1821 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,785.79 +11.79 NZSX 50

7,151.99 +20.69 DJIA

20,939.08 -11.02 Nikkei

19,590.14 +12.76 NASDAQ

5,897.09 -2.95 FTSE

7,415.95 +47.31 S&P 500

2,381.58 -3.68 Hang Seng

24,288.28 +495.43 SPI 200 Fut

5,785.00 +0.00 STI

3,163.52 +26.09 SSEC

3,269.54 +27.78 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.860 +0.036 US 10 YR Bond

2.531 +0.027 NZ 10 YR Bond

3.285 +0.000 US 30 YR Bond

3.147 +0.045 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7667 0.7691 NZD US$

0.6972 0.6998 EUR US$

1.0708 1.0727 Yen US$

113.37 113.26 ---------------------------------------------------------------- Commodities Gold (Lon)

1,229.35

Silver (Lon)

17.29 Gold (NY)

1,218.65

Light Crude

48.83 TRJCRB Index

184.11 +0.31 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks slipped on Thursday pressured by healthcare shares after proposals in President Donald Trump's budget signaled higher regulatory costs for the sector and a cut in federal funding for medical research.

At 12:29 p.m. ET (1629 GMT), the Dow Jones Industrial Average .DJI was down 13.09 points, or 0.06 percent, at 20,937.01, the S&P 500 .SPX was down 2.85 points, or 0.12 percent, at 2,382.41 and the Nasdaq Composite .IXIC was up 1.70 points, or 0.03 percent, at 5,901.75.

For a full report, double click on .N

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LONDON - UK shares rose to new record highs on Thursday, helped by a surge in commodities-related stocks, but pared some gains after a Bank of England (BoE) policymaker voted for a rate hike.

The blue chip FTSE 100 .FTSE index rose 0.6 percent, still ending at its highest level on record, while mid caps .FTMC gained 0.3 percent, ending below the all-time high hit during the session.

For a full report, double click on .L

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TOKYO - apanese stocks eked out small gains in choppy trade on Thursday after the U.S. Federal Reserve hiked U.S. interest rates, but signalled no pick-up in the pace of tightening.

The Nikkei .N225 rose 0.1 percent to 19,590.14 points, after trading in negative territory earlier in the session.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The dollar dropped to a five-week low against a basket of currencies on Thursday, still reeling from the previous session, when a statement from the U.S. Federal Reserve statement failed to signal a much faster pace of monetary policy tightening.

In late morning trading, the dollar index fell 0.3 percent to 100.40 .DXY . It slid to as low as 100.39, its weakest level since Feb 9. Against the yen, the dollar was down 0.1 percent at 113.29 JPY=EBS , after earlier falling to a two-week trough.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields rose on Thursday from more than one-week lows on the view that they had fallen too sharply in the prior session after the Federal Reserve maintained its outlook for only a gradual pace of interest rate increases this year.

Benchmark 10-year Treasury notes US10YT=RR were last down 7/32 in price, with yields rising to 2.531 percent from 2.504 percent late on Wednesday. U.S. 30-year bonds US30YT=RR fell 25/32 in price, and yields rose to 3.143 percent from 3.102 percent. Two-year notes US2YT=RR , which are considered most vulnerable to Fed policy, were down slightly in price, while yields increased to 1.328 percent from 1.316 percent.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold climbed to its highest level in over a week on Thursday after the U.S. central bank signalled only gradual rate tightening and the dollar slid to its lowest in a month.

Spot gold XAU= had gained 0.9 percent to $1,229.31 per ounce at 1508 GMT after touching $1,233.13, the highest since March 6. U.S. gold futures GCcv1 for April delivery were up 2.4 percent at $1,229 an ounce.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper rose for a fifth session on Thursday as stoppages at three of the world's biggest mines raised supply concerns and a weaker dollar made metals cheaper for holders of foreign currencies.

Three-month copper on the London Metal Exchange CMCU3 closed up 0.7 percent at $5,908 a tonne. In other metals, lead CMPB3 closed down 0.2 percent at $2,243 a tonne and zinc CMZN3 finished 0.8 percent higher at $2,829. Aluminium CMAL3 closed 0.7 percent higher at $1,900, nickel CMNI3 rose 0.1 percent to $10,215 and tin CMSN3 ended up 1.4 percent at $20,150.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices slipped on Thursday, as support from a weaker dollar was offset by a stubbornly high level of U.S. inventories near record levels that suggested OPEC-led output cuts were starting to drain supplies.

Brent crude LCOc1 was 9 cents lower at $51.72 a barrel by 12:51 p.m. EDT (1651 GMT), recovering from Tuesday's drop to $50.25, its lowest since Nov. 30 when OPEC announced its supply accord. The price is still nearly $7 below January's post-deal peak of $58.37. U.S. light crude CLc1 was down 14 cents at $48.72 a barrel, still above the three-month low hit on Tuesday.

For a full report, double click on O/R

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