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RPT-New Zealand/Australia Morning Call-Global markets

Published 05/01/2016, 05:23 am
Updated 05/01/2016, 05:30 am
© Reuters.  RPT-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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GC
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HG
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LCO
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CL
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FTNMX551030
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US2YT=X
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US10YT=X
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US30YT=X
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(Repeats to add additional subscribers)

WELLINGTON, Jan 5 (Reuters) - Stock Markets

NetChng

NetChng S&P/ASX 200

5,270.48 -25.38 NZSX 50

6,324.26 +4.87 DJIA

17,068.66 -356.37 Nikkei

18,450.98 -582.73 NASDAQ

4,883.27 -124.14 FTSE

6,093.43 -148.89 S&P 500

2,002.74 -41.20 Hang Seng

21,327.12 -587.28 SPI 200 Fut

5,211.00 -41.00 STI

2,835.97 -46.76 SSEC

3,296.54 -242.64 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.770 -0.055 US 10 YR Bond

2.220 -0.055 NZ 10 YR Bond

3.605 +0.000 US 30 YR Bond

2.965 -0.048 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7175 0.7205 NZD US$

0.6740 0.6755 EUR US$

1.0820 1.0888 Yen US$

119.41 119.41 ---------------------------------------------------------------- Commodities Gold (Lon)

1,082.25

Silver (Lon)

13.88 Gold (NY)

1,060.24

Light Crude

36.79 TRJCRB Index

174.74 -1.40 ---------------------------------------------------------------- Snapshot at: 07:22 / 1822 GMT ----------------------------------------------------------------

Overnight market action with latest New York figures.

EQUITIES

NEW YORK - The Dow Jones industrial average was set for its worst start to a year since 1932 as stock markets tanked after weak Chinese economic data reignited fears of a global slowdown.

The Dow Jones industrial average .DJI was down 432.27 points, or 2.48 percent, at 16,992.76, set for its worst day in four months.

The S&P 500 .SPX made its worst start to a year since 2001, down 48.49 points, or 2.37 percent, at 1,995.45, at 12:07 p.m. ET (1707 GMT).

The Nasdaq Composite index .IXIC was down 140.70 points, or 2.81 percent, at 4,866.72.

For a full report, double click on .N

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LONDON - Basic resources stocks slumped in Britain on the first trading day of 2016, as poor factory activity data from China prompted investors to cut their exposure to the shares.

The UK mining index was the hardest hit .FTNMX1770 , falling 3.7 percent on Monday, its biggest one-day percentage drop since mid-December.

The mining sector's decline put pressure on the FTSE 100 index .FTSE , which closed 2.4 percent lower at 6,093.43 points, its biggest fall on the first trading day of the year since 2000.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average tumbled to a 2-1/2 month low on Monday after weak China factory activity surveys and year-end losses on Wall Street discouraged investors on the first trading day of 2016. The benchmark Nikkei average .N225 fell 3.1 percent to 18,450.98 for its biggest single-day slide since Sept. 29.

The Topix .TOPX shed 2.4 percent to end the day at 1,509.67 with all but two of its 33 subindexes in negative territory.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The dollar tumbled to an 11-week low against the yen on Monday, as disappointing factory data sparked a steep stock market selloff in China and spurred safe haven demand for the Japanese currency and the Swiss franc.

The yen rose 0.9 percent against the dollar to 119.20 yen JPY= , while the franc hit highs of 0.9924 francs per dollar before trimming gains CHF= to around 0.4 percent at 1.0046.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields fell on Monday, with benchmark yields hitting nearly two-week lows after a tumble in Chinese shares fueled worries over global growth and drove demand for safe-haven U.S. government debt.

Benchmark 10-year Treasury notes US10YT=RR were last up 17/32 in price to yield 2.214 percent, from a yield of 2.275 percent late Thursday.

U.S. 30-year Treasuries prices US30YT=RR were last up 1-5/32 to yield 2.953 percent, from a yield of 3.013 percent late Thursday. Two-year notes US2YT=RR were last up 2/32 in price to yield 1.024 percent, from a yield of 1.064 percent late Thursday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rallied 2 percent on Monday, buoyed by rising tensions in the Middle East and a sharp drop in stocks following weak Chinese data that fuelled concerns over global growth.

Spot gold XAU= was up 1.9 percent at $1,080.30 an ounce at 1453 GMT, off an earlier high of $1,081.50, while U.S. gold futures GCv1 for February delivery were up $19.40 an ounce at $1,079.60. Spot gold is currently on track for its biggest one-day rise in a month.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper hit a two-week low on the first trading day of 2016 after weak Chinese factory data weighed heavily on Shanghai equities and rekindled worries over economic growth in China and beyond.

Three-month copper on the London Metal Exchange CMCU3 ended down 2.1 percent at $4,606.50 a tonne.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices slid on Monday in volatile trade that saw an early rally of more than 4 percent on tensions in the Middle East until those gains were erased on worries about a slowing global economic growth and sliding stock markets.

Brent LCOc1 , the global oil benchmark, was down 38 cents, or 1 percent, at $36.90 a barrel by 11:23 a.m. EST (1623 GMT). In early trade, Brent hit a near three-week high of $38.93.

U.S. crude's West Texas Intermediate (WTI) futures CLc1 fell 60 cents, or 1.6 percent, to $36.44. It traded as high as $38.39 earlier.

For a full report, double click on O/R

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