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RPT-UPDATE 1-New Zealand/Australia Morning Call-Global markets

Published 10/05/2017, 07:33 am
Updated 10/05/2017, 07:40 am
© Reuters.  RPT-UPDATE 1-New Zealand/Australia Morning Call-Global markets
USD/JPY
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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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AAPL
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US10YT=X
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(Repeats to additional subscribers with no changes to text) Reuters will cease to publish this item from Monday, May 15. Please contact jane.wardell@thomsonreuters.com with any queries.

---------------------------------------------------------------- Snapshot at: 07:18 / 2118 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,839.90 -30.99 NZSX 50

7,412.12 -14.34 DJIA

20,975.78 -36.50 Nikkei

19,843.00 -52.70 NASDAQ

6,120.59 +17.93 FTSE

7,342.21 +41.35 S&P 500

2,396.92 -2.46 Hang Seng

24,889.03 +311.12 SPI 200 Fut

5,845.00 +19.00 STI

3,249.97 +12.99 SSEC

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

NetChg

NetChg AU 10 YR Bond

2.706 +0.017 US 10 YR Bond

2.398 +0.022 NZ 10 YR Bond

3.125 -0.005 US 30 YR Bond

3.026 +0.010 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7338 0.7338 NZD US$

0.6895 0.6883 EUR US$

1.0873 1.0906 Yen US$

113.96 113.46 ---------------------------------------------------------------- Commodities Gold (Lon)

1,220.40

Silver (Lon)

16.14 Gold (NY)

1,225.80

Light Crude

46.20 TRJCRB Index

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

EQUITIES

NEW YORK - The S&P 500 fell on Tuesday after edging up to an intra-day record high for the second straight session, while Apple (NASDAQ:AAPL) became the first U.S. company to close with a market capitalization above $800 billion.

The Dow Jones Industrial Average .DJI declined 0.17 percent to end at 20,975.78 points and the S&P 500 .SPX lost 0.10 percent to 2,396.92 points.

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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SYDNEY - Australian shares are expected to open relatively flat on Wednesday despite a new tax levied on Australian banks in the federal budget released on Tuesday evening.

Local share price futures gained 19 points overnight, reaching 5,845 points - a 0.1 percent premium to the underlying S&P/ASX 200 index .AXJO . The benchmark lost 0.5 percent on Tuesday.

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FOREIGN EXCHANGE

NEW YORK - The dollar climbed 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 likely upcoming Federal Reserve interest rate hikes.

In late trading, the dollar was up 0.9 percent against the yen at 114.28 yen JPY= , after earlier hitting its highest level since mid-March. The euro also rose against the yen, up 0.4 percent at 124.20 yen. EURJPY=

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields rose on Tuesday, with benchmark yields hitting a five-week peak as investors were making room in their portfolios for $62 billion in supply from the May refunding and a growing calendar of corporate bond issues.

The benchmark 10-year Treasury yield US10YT=RR was up 3 basis points at 2.405 percent, below a five-week high of 2.416 percent set earlier on Tuesday.

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 lost 61 cents, or 1.2 percent, to settle at $48.73 a barrel, while U.S. West Texas Intermediate crude CLc1 fell 55 cents, or 1.2 percent, to $45.88.

For a full report, double click on O/R

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