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New Zealand/Australia Morning Call-Global markets

Published 10/05/2017, 05:20 am
Updated 10/05/2017, 05:30 am
© Reuters.  New Zealand/Australia Morning Call-Global markets
USD/JPY
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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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CNA
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SSE
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GC
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HG
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US3YT=X
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Reuters will cease to publish this item from Monday, May 15. Please contact jane.wardell@thomsonreuters.com with any queries.

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07:15 / 1915 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,839.90 -30.99 NZSX 50

7,412.12 -14.34 DJIA

20,999.77 -12.51 Nikkei

19,843.00 -52.70 NASDAQ

6,117.63

FTSE

7,342.21 +41.35 S&P 500

2,399.05 -0.33 Hang Seng

24,889.03 +311.12 SPI 200 Fut

5,848.00 +22.00 STI

3,249.97 +12.99 SSEC

3,080.53 +1.91 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.697 +0.008 US 10 YR Bond

2.407 +0.031 NZ 10 YR Bond

3.130 +0.000 US 30 YR Bond

3.039 +0.024 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7336 0.7338 NZD US$

0.6885 0.6883 EUR US$

1.0865 1.0906 Yen US$

114.27 113.46 ---------------------------------------------------------------- Commodities Gold (Lon)

1,220.40

Silver (Lon)

16.11 Gold (NY)

1,225.80

Light Crude

46.11 TRJCRB Index

177.29 -0.84 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - The S&P 500 slipped marginally on Tuesday after edging up to an intra-day record high for the second straight session, with a rise in Marriott International and other consumer discretionary shares offsetting falling energy shares.

At 2:38 pm ET, the Dow Jones Industrial Average .DJI was down 0.12 percent to 20,986.22 points and the S&P 500 .SPX had lost 0.09 percent to 2,397.21.

For a full report, double click on .N

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LONDON - Energy companies Centrica (LON:CNA) and SSE (LON:SSE) were among the worst-performing stocks on Britain's FTSE on Tuesday, after British Prime Minister Theresa May vowed to cap energy prices if she was re-elected in June.

While the blue-chip index .FTSE ended up 0.6 percent at its highest level since early April, big declines stole the limelight.

For a full report, double click on .L

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TOKYO - Japanese stocks edged down on Tuesday as the market ran out of steam after rallying to a 17-month high on Monday, though it was supported by the yen languishing at a near two-month low against the dollar.

The Nikkei share average .N225 lost 0.25 percent to 19,843.00. The index remained in reach of 19,929.48, its highest level since December 2015 reached on Monday when Emmanuel Macron was elected president of France, improving investor risk sentiment.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The dollar surged to nearly two-month highs against the yen on Tuesday as risk appetite improved following the French election and investors focused on monetary policy and potential upcoming Federal Reserve interest rate hikes.

In late morning trading, the dollar was up 0.7 percent against the yen at 114.08 yen JPY= , after earlier hitting its highest level since mid-March. The euro also rose against the yen, up 0.5 percent at 124.27 yen. EURJPY=

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields touched session highs on Tuesday with three-year yield hitting a seven-week high following soft results at $24 billion three-year auction, the first leg of this week's $62 billion quarterly refunding.

The three-year yield US3YT=RR was last up over 3 basis points at 1.560 percent, while the yield for benchmark 10-year Treasury notes US10YT=RR was nearly 4 basis points higher at 2.414 percent.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold dropped to an eight-week low on Tuesday as safe-haven demand continued to fade in the wake of Emmanuel Macron's victory in the French election and as expectations for tighter U.S. monetary policy lifted bond yields.

The spot gold price XAU= was down 0.8 percent at $1,215.81 an ounce by 2:19 p.m. EDT (1819 GMT), after falling below its 100-day moving average to $1,214.39, the lowest since March 15.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper inched up on Tuesday after falling to a four-month low in the previous session due to data showing a sharp drop in imports of the metal by China, which consumes nearly half the world's copper.

Three-month copper on the London Metal Exchange CMCU3 ended 0.5 percent higher at $5,512 a tonne, after touching its lowest since January in the previous session.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices fell on Tuesday, rattled by concern over slowing demand, a rising U.S. dollar and increasing U.S. crude output that has shaken investors' faith in the ability of OPEC to rebalance the market.

Brent futures LCOc1 were down 55 cents, or 1.1 percent, at $48.79 a barrel by 12:43 p.m. EDT (1643 GMT), while U.S. West Texas Intermediate crude CLc1 was down 53 cents, or 1.1 percent, at $45.90.

For a full report, double click on O/R

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