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RPT-New Zealand/Australia Morning Call-Global markets

Published 11/05/2016, 05:27 am
Updated 11/05/2016, 05:30 am
© Reuters.  RPT-New Zealand/Australia Morning Call-Global markets
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WELLINGTON, May 11 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:25 / 1925 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,342.79 +22.09 NZSX 50

6,909.40 +24.35 DJIA

17,911.60 +205.69 Nikkei

16,565.19 +349.16 NASDAQ

4,802.73 +52.53 FTSE

6,156.65 +41.84 S&P 500

2,082.20 +23.51 Hang Seng

20,242.68 +85.87 SPI 200 Fut

5,356.00 +22.00 STI

2,741.15 -24.91 SSEC

2,833.18 +1.07 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.311 +0.011 US 10 YR Bond

1.754 -0.006 NZ 10 YR Bond

2.620 -0.010 US 30 YR Bond

2.608 -0.013 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7365 0.7342 NZD US$

0.6762 0.6752 EUR US$

1.1365 1.1386 Yen US$

109.28 108.71 ---------------------------------------------------------------- Commodities Gold (Lon)

1,262.80

Silver (Lon)

17.13 Gold (NY)

1,263.46

Light Crude

44.72 TRJCRB Index

180.28 +3.25 ---------------------------------------------------------------- ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks rose across the board on Tuesday, with a rally in Amazon.com putting the S&P 500 on track for its best day in a about a month.

Amazon AMZN.O jumped 3.2 percent to a record of $701.40, giving the biggest boost to the S&P and the Nasdaq.

At 2:39 pm, the Dow Jones industrial average .DJI was up 1.06 percent at 17,893.01 points and the S&P 500 .SPX had gained 1.06 percent to 2,080.51.

The Nasdaq Composite .IXIC jumped 1.03 percent to 4,799.37.

For a full report, double click on .N

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LONDON - Britain's leading stock index rose on Tuesday, lifted by gains for shares in budget airline easyJet EZJ.L and support services group Capita CPI.L .

Capita rose 5.3 percent, making it the top FTSE 100 gainer, after the company expressed increasing confidence over its 2016 prospects.

The blue-chip FTSE 100 index .FTSE was up 0.7 percent at 6,156.65 points by the close.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average rose more than 2 percent to 1-1/2-week highs on Tuesday after Japan's finance minister said Tokyo will intervene if the yen's "one-sided" rise persists.

The Nikkei .N225 gained 2.2 percent to 16,565.19, the highest closing level since April 28. The broader Topix .TOPX gained 2.2 percent to 1,334.90 and the JPX-Nikkei Index 400 .JPXNK400 also added 2.2 percent to 12,069.89.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The yen slid to a nearly two-week low against the dollar on Tuesday as risk appetite improved for a second straight session, undermining traditional safe havens such as the Japanese currency.

Repeated verbal warnings from Japan over the weekend and on Tuesday saying it was prepared to step in to weaken the currency has also held off investors seeking to buy the yen at the expense of the dollar.

In late morning trading, the dollar rose 0.7 percent to 109.11 yen, after hitting a roughly two-week peak of 109.27 JPY= . The dollar index .DXY was at 94.171,

For a full report, double click on USD/

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TREASURIES

NEW YORK - The U.S. government saw strong demand for its $24 billion auction of three-year notes on Tuesday, the first sale of $62 billion in coupon-bearing debt supply this week.

The debt sold at high yields that were almost two basis points below where the notes had traded before the auction. The ratio of bids to the amount of three-year debt 912828R44= offered was 2.93, up from 2.72 at the prior three-year note sale in April.

Benchmark 10-year notes US10YT=RR rose 1/32 in price to yield 1.76 percent, little changed from Monday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold fell to a near two-week low on Tuesday, after its steepest loss since March in the prior session, as a firm dollar and higher equities curbed appetite for the precious metal.

Spot gold XAU= was up 0.3 percent at $1,267.30 an ounce by 3:03 p.m. EDT, after hitting an early low of $1,257.25, its weakest since April 28.

U.S. gold for June delivery GCcv1 settled down 0.1 percent at $1,264.80 an ounce.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper steadied on Tuesday alongside the dollar though some analysts expect prices to retreat further as the market fully digests prospects for weak demand growth in top consumer China.

"A lot of the trading in recent days was based on dollar moves, but people are now paying attention to fundamentals. People are more cautious about global and Chinese demand," said Julius Baer analyst Carsten Menke. "Copper is moving back to a more fundamentally justified $4,600."

Benchmark copper CMCU3 on the London Metal Exchange ended little changed at $4,685 a tonne from $4,686 at Monday's close. Earlier on Tuesday, the metal used in power and construction touched $4,672, its lowest since April 12.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices rose about 3 percent on Tuesday, recovering most of the previous session's losses, as supply disruptions of 2.5 million barrels per day in Canada and elsewhere offset concerns about growing record high U.S. crude stockpiles.

Brent crude futures LCOc1 were up $1.60, or 3.6 percent, at $45.23 per barrel by 1:35 p.m. EDT. It had fallen 3.8 percent on Monday.

U.S. crude's West Texas Intermediate (WTI) futures CLc1 rose $1, or 2.2 percent, to $44.44.

For a full report, double click on O/R

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