(Repeats to additional subscribers) ----------------------------------------------------------------
07:04 / 1904 GMT ---------------------------------------------------------------- Stock Markets
NetChng
NetChng S&P/ASX 200
5,395.87 +36.93 NZSX 50
6,974.90 +60.70 DJIA
17,521.76 -188.95 Nikkei
16,652.80 +186.40 NASDAQ
4,716.05 -59.41 FTSE
6,167.77 +16.37 S&P 500
2,046.44 -20.22 Hang Seng
20,118.80 +234.85 SPI 200 Fut
5,363.00 -35.00 STI
2,781.11 +45.05 SSEC
2,843.73 -7.13 ---------------------------------------------------------------- Bonds
NetChg
NetChg AU 10 YR Bond
2.297 -0.009 US 10 YR Bond
1.759 +0.005 NZ 10 YR Bond
2.650 -0.010 US 30 YR Bond
2.587 -0.011 ---------------------------------------------------------------- Currencies
1700GMT
1700GMT AUD US$
0.7324 0.7351 NZD US$
0.6809 0.6814 EUR US$
1.1316 1.1329 Yen US$
109.05 109.34 ---------------------------------------------------------------- Commodities Gold (Lon)
1,277.00
Silver (Lon)
17.21 Gold (NY)
1,273.46
Light Crude
48.37 TRJCRB Index
185.86 +1.27 ---------------------------------------------------------------- Overnight market action with latest New York figures.
EQUITIES
NEW YORK - Wall Street sold off on Tuesday as investors boosted chances of an interest rate hike later this year after data pointed to firming inflation, while Home Depot (NYSE:HD) weighed after its quarterly report.
The Dow Jones industrial average .DJI was down 178.78 points, or 1.01 percent, to 17,531.93, the S&P 500 .SPX had lost 19.87 points, or 0.96 percent, to 2,046.79 and the Nasdaq Composite .IXIC had dropped 53.93 points, or 1.13 percent, to 4,721.53.
For a full report, double click on .N
- - - -
LONDON - Britain's top equity index rose to a two-week high on Tuesday, with housebuilders helping the index higher after Taylor Wimpey TW.L announced a special dividend payout to lead gains in the sector.
The blue-chip FTSE 100 index .FTSE was up 0.3 percent at 6,167.77 points by the close, having hit its highest level since the start of May in early trade.
For a full report, double click on .L
- - - -
TOKYO - Japanese stocks rose on Tuesday after investor appetites were increased by a strong performance on Wall Street, higher oil prices and a weaker yen.
The Nikkei share average .N225 climbed 1.1 percent to end the day at 16,652.80.
For a full report, double click on .T
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar dipped against a basket of major currencies on Tuesday after U.S. inflation data failed to convince currency traders that the Federal Reserve was moving closer to another interest rate hike.
The dollar initially rose against the euro and Swiss franc after data showed U.S. consumer prices recorded their biggest increase in more than three years in April as gasoline and rents rose, with the euro hitting a session low against the greenback of $1.1303 EUR= and the dollar hitting a nearly nine-week high against the franc of 0.9803 franc CHF= .
For a full report, double click on USD/
- - - -
TREASURIES
NEW YORK - U.S. Treasuries were little changed on Tuesday as investors reversed early selling spurred by stronger-than-expected consumer price data.
Yields for two-year Treasury notes US2YT=RR rose as high as 0.82 percent following the data, their highest since April 28. Prices, which move in the opposite direction of yields, for the two-year note were last down 1/32 for a yield of 0.799 percent.
For a full report, double click on US/
- - - -
COMMODITIES
GOLD
NEW YORK - Gold prices rose on Tuesday, reversing earlier losses after a weaker dollar and falling stock markets spurred safe-haven buying of the precious metal.
Spot gold XAU= was trading 0.4 percent higher at $1,278.7 per ounce at 11:17 a.m. EDT (1517 GMT), while U.S. gold futures GCv1 were also up 0.55 percent at $1,281.20.
For a full report, double click on GOL/
- - - -
BASE METALS
LONDON - Copper steadied on Tuesday, supported by a softer dollar and firm oil, but prices are still within sight of recent lows brought about by a resurfacing of worries over demand growth in top consumer China.
Benchmark copper CMCU3 on the London Metal Exchange ended up 0.1 percent at $4,655 a tonne. The metal used in power and construction hit $4,594 on Friday, its lowest since Feb. 25.
For a full report, double click on MET/L
- - - -
OIL
NEW YORK - U.S. crude prices hit seven-month highs on Tuesday on expectations of lower U.S. stockpiles and after wildfires threatened anew Canadian oil supplies, but pared some gains due to the potential for higher Libyan output.
WTI's front-month CLc1 was up 49 cents, or 1 percent, at $48.21 a barrel by 10:59 a.m. EDT (1459 GMT), after a seven-month high at $48.42.Brent crude's front-month LCOc1 rose 42 cents to $49.39, off the six-month high of $49.47 reprised from the previous session.
For a full report, double click on O/R
- - - -