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RPT-New Zealand/Australia Morning Call-Global markets

Published 01/07/2016, 05:56 am
Updated 01/07/2016, 06:00 am
© Reuters.  RPT-New Zealand/Australia Morning Call-Global markets
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WELLINGTON, July 1 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:53 / 1953 GMT ---------------------------------------------------------------

Stock Markets

NetChng

NetChng S&P/ASX 200

5,233.38 +90.98 NZSX 50

6,897.53 +93.32 DJIA

17,887.46 +192.78 Nikkei

15,575.92 +9.09 NASDAQ

4,831.32 +52.07 FTSE

6,504.33 +144.27 S&P 500

2,093.83 +23.06 Hang Seng

20,794.37 +358.25 SPI 200 Fut

5,230.00 +54.00 STI

2,840.93 +48.20 SSEC

2,929.61 -1.99 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

1.991 -0.016 US 10 YR Bond

1.480 +0.004 NZ 10 YR Bond

2.380 -0.005 US 30 YR Bond

2.293 +0.012 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7449 0.7431 NZD US$

0.7129 0.7092 EUR US$

1.1090 1.1106 Yen US$

103.25 102.62 ---------------------------------------------------------------- Commodities Gold (Lon)

1,320.75

Silver (Lon)

18.78 Gold (NY)

1,318.51

Light Crude

48.38 TRJCRB Index

192.57 -2.06 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street posted solid gains for a third straight day on Thursday as Britain's central bank raised the prospect of stimulus and consumer staples shares gained on news of Mondelez International's $23 billion bid for Hershey.

The Dow Jones industrial average .DJI was up 218.86 points, or 1.24 percent, at 17,913.54, the S&P 500 .SPX gained 24.98 points, or 1.21 percent, at 2,095.75 and the Nasdaq Composite .IXIC added 50.22 points, or 1.05 percent, at 4,829.47.

For a full report, double click on .N

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LONDON - Britain's top share index closed on Thursday at its highest level for 2016, having completely rebounded from a substantial sell-off in the wake of the country's vote to leave the EU.

The FTSE 100 was up 2.3 percent at 6,504.33 points at its close. It has seen its best three-day run since April 2009, a rise of almost 9 percent.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average erased earlier gains to end almost flat on Thursday, but suffered its biggest monthly decline in four years as the shock of Britain's vote to leave the European Union sowed deep uncertainty.

The Nikkei ended up 0.06 percent at 15,575.92 .N225 , giving up most of an earlier rise of almost 1.4 percent while the broader Topix .TOPX ended down 0.15 percent to 1,245.82, hurt by the yen's rebound.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The dollar edged higher against sterling and the euro on Thursday after two straight days of declines as investors became more cautious ahead of political announcements in Britain following the country's vote to exit the European Union.

Sterling GBP=D4 was last down 0.2 percent against the greenback at $1.3405 after gaining as much as 1.5 percent to $1.3534 on Wednesday. The euro fell 0.3 percent against the greenback to $1.1095 after hitting a nearly one-week high of $1.1155 EUR= early on Thursday.

For a full report, double click on USD/

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TREASURIES

NEW YORK - Longer-dated U.S. Treasury yields scaled back from earlier peaks on Thursday after Standard & Poor's lowered its long-term credit rating on the European Union by a notch to 'AA' from 'AA+' after Britain's surprise vote to leave the economic bloc.

Benchmark 10-year Treasury yields US10YT=RR were last at 1.480 percent, up 0.4 basis point from late on Wednesday. The 10-year yield hovered about 1.50 percent shortly before the S&P announcement.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold steadied on Thursday as the other markets showed signs of stabilising, but remained on track for its biggest monthly rise since February in the wake of last week's vote in Britain on quitting the European Union.

Spot gold XAU= was at $1,318.71 an ounce at 1330 GMT, little changed from $1,318.51 late on Wednesday, while U.S. gold futures GCv1 for August delivery were down 0.4 percent at $1,321.50.

For a full report, double click on GOL/

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BASE METALS

LONDON - Zinc prices were at their highest level in nearly a year on Thursday as expectations of tight markets and potential shortages fuelled buying, but an inventory overhang means metal is readily available for consumers.

Benchmark zinc CMZN3 on the London Metal Exchange (LME) ended up 0.7 percent at $2,104.5 a tonne. Prices of the metal used to galvanise steel earlier touched $2,116 a tonne, its highest since July 15.

Elsewhere, three-month copper CMCU3 closed up 0.1 percent at $4,845 a tonne. Earlier in the session it touched $4,865, the highest price since May 5.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices dropped more than 3 percent on Thursday, pressured by returning Nigerian and Canadian crude output from outages and as traders booked profits at the end of the best quarter in seven years.

Brent futures LCOc1 for August delivery, which expired on Thursday, settled down 93 cents, or 1.8 percent, at $49.68 a barrel. The more active Brent contract for September delivery LCOc2 settled at $49.71, down 3.1 percent.

U.S. West Texas Intermediate (WTI) crude CLc1 closed $1.55, or 3.1 percent, lower at $48.33.

For a full report, double click on O/R

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