(Repeats to additional subscribers) ----------------------------------------------------------------
07:39 / 1839 GMT ---------------------------------------------------------------- Stock Markets
NetChng
NetChng S&P/ASX 200
5,006.56 +90.61 NZSX 50
6,142.16 -33.00 DJIA
16,149.54 +264.32 Nikkei
16,708.90 -402.01 NASDAQ
4,573.50 +55.01 FTSE
5,911.46 +34.46 S&P 500
1,902.48 +25.40 Hang Seng
18,860.80 -479.34 SPI 200 Fut
4,950.00 +51.00 STI
2,545.61 -37.03 SSEC
2,751.03 -187.49 ---------------------------------------------------------------- Bonds
NetChg
NetChg AU 10 YR Bond
2.686 -0.062 US 10 YR Bond
2.005 -0.017 NZ 10 YR Bond
3.290 -0.010 US 30 YR Bond
2.790 -0.012 ---------------------------------------------------------------- Currencies
1700GMT
1700GMT AUD US$
0.7012 0.6927 NZD US$
0.6500 0.6439 EUR US$
1.0842 1.0854 Yen US$
118.53 117.81 ---------------------------------------------------------------- Commodities Gold (Lon)
1,113.60
Silver (Lon)
14.52 Gold (NY)
1,107.66
Light Crude
32.12 TRJCRB Index
163.56 +3.10 ---------------------------------------------------------------- Overnight market action with latest New York figures.
EQUITIES
NEW YORK - Wall Street rebounded sharply on Tuesday, driven by a surge in crude oil prices and strong results from industry heavyweights such as 3M, Johnson & Johnson (N:JNJ) and Procter & Gamble.
At 12:35 p.m. ET (1735 GMT), the Dow Jones industrial average .DJI was up 292.7 points, or 1.84 percent, at 16,177.92, the S&P 500 .SPX was up 28.6 points, or 1.52 percent, at 1,905.68 and the Nasdaq Composite index .IXIC was up 57.10 points, or 1.26 percent, at 4,575.59.
For a full report, double click on .N
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LONDON - European stocks gained on Tuesday after early losses, with commodities stocks rebounding after oil rose towards $31 on hopes of an agreement to deal with supply glut and metals prices gaining ground on speculative buying.
The European basic resources index .SXPP rose 4.4 percent after copper and zinc prices hit multi-week peaks as speculators bought back short positions ahead of a holiday break in top metals consumer China.
For a full report, double click on .L
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TOKYO - Japanese stock indexes tumbled more than 2 percent on Tuesday as investors took profits on a two-day bounce after concerns about global growth were revived as oil prices slid below $30 per barrel once again.
The Nikkei share average .N225 fell 2.4 percent to 16,708.90.
For a full report, double click on .T
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FOREIGN EXCHANGE
NEW YORK - A recovery in oil prices pushed the dollar higher against the yen and euro on Tuesday, but it fell overall as sterling rose and the oil-linked Canadian dollar gained.
The dollar gained 0.2 percent against the yen to 118.50 JPY= , while the euro was down 0.2 percent at $1.0825 EUR= . Both currencies tend to do well during times of financial market stress, since Japan and the euro zone usually run current account surpluses.
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasuries prices were steady during volatile trading on Tuesday as oil prices slightly recovered and ahead of the start of the Federal Reserve's two-day policy meeting.
The benchmark 10-year note US10YT=RR was last up 1/32 in price to yield 2.025 percent, down from 2.022 percent late Monday.
For a full report, double click on US/
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COMMODITIES
GOLD
NEW YORK - Gold retreated from a 12-week high hit on Tuesday as equities and oil recovered from an earlier rout, but concerns over market volatility kept the market in positive territory ahead of a Federal Reserve meeting.
Spot gold XAU= was up 0.4 percent at $1,111.96 an ounce at 1445 GMT, while U.S. gold futures GCv1 for February delivery were up 0.6 percent at $1,112.40.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper and zinc both gained on Tuesday as speculators scrambled to buy back short positions ahead of a holiday break in top metals consumer China and as oil prices bounced back.
Three-month zinc on the London Metal Exchange CMZN3 was the biggest gainer, jumping 4.9 percent to close at $1,589 a tonne, the highest in three weeks and the biggest one-day gain in over three months.
For a full report, double click on MET/L
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OIL
NEW YORK - Oil rose more than 5 percent on Tuesday, with Brent going above $32 a barrel, on hopes OPEC and non-OPEC producers were inching closer to a deal to reduce output in the face of one of the biggest supply gluts in decades.
Brent crude LCOc1 was up $1.63 at $32.13 a barrel by 12:23 p.m. EST (1723 GMT), rebounding from a decline at the start of the session. On Jan. 20, Brent reached as low as $27.10, its lowest since November 2003. On Tuesday, the contract touched a high of $32.24.
For a full report, double click on O/R
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