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RPT-New Zealand/Australia Morning Call-Global markets

Published 24/03/2017, 05:24 am
Updated 24/03/2017, 05:30 am
© Reuters.  RPT-New Zealand/Australia Morning Call-Global markets

(Repeats to additional subscribers, with no changes to text) ---------------------------------------------------------------- Snapshot at: 07:22 / 1822 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,707.95 +23.44 NZSX 50

7,062.55 +1.72 DJIA

20,720.71 +59.41 Nikkei

19,085.31 +43.93 NASDAQ

5,831.11 +9.47 FTSE

7,340.71 +15.99 S&P 500

2,353.31 +4.86 Hang Seng

24,327.70 +7.29 SPI 200 Fut

5,716.00 +9.00 STI

3,126.93 +8.74 SSEC

3,248.91 +3.69 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.759 +0.008 US 10 YR Bond

2.416 +0.020 NZ 10 YR Bond

3.240 +0.000 US 30 YR Bond

3.025 +0.014 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7629 0.7660 NZD US$

0.7027 0.7052 EUR US$

1.0779 1.0799 Yen US$

111.10 111.26 ---------------------------------------------------------------- Commodities Gold (Lon)

1,247.50

Silver (Lon)

17.55 Gold (NY)

1,248.85

Light Crude

47.74 TRJCRB Index

183.66 -0.19 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street wavered on Thursday as investors snapped up beaten-down bank stocks and fretted about a vote on a healthcare bill that is seen as President Donald Trump's first policy test.

The Dow Jones Industrial Average .DJI was up 0.08 percent at 20,677.73 points, while the S&P 500 .SPX had gained 0.03 percent to 2,349.1. The Nasdaq Composite .IXIC dropped 0.01 percent to 5,820.79.

For a full report, double click on .N

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LONDON - British shares turned up on Thursday after a two-day losing streak as markets turned more bullish and retail sales data indicated more robust consumption.

The blue-chip FTSE 100 index .FTSE rose 0.2 percent but underperformed the broader European market, up 0.9 percent, as the stronger pound held back its constituents whose earnings are mainly in foreign currencies.

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For a full report, double click on .L

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TOKYO - The Nikkei share average edged up on Thursday, crawling back from a 1-1/2-month low, as support from a weaker yen helped offset a political scandal centered on the wife of Japan's prime minister.

The Nikkei .N225 ended 0.2 percent higher at 19,085.31 points, after traversing in negative and positive territory. Earlier, it hit as low as 18,973.75, its lowest intraday level since Feb. 9.

For a full report, double click on .T

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FOREIGN EXCHANGE

NEW YORK - The dollar hovered near a four-month low against the Japanese yen on Thursday ahead of a vote on Republican healthcare plans seen as a litmus test of U.S. President Donald Trump's ability to legislate in Congress and deliver on tax and spending promises.

The dollar was roughly steady at 111 yen, after dipping to a low of 110.64 yen earlier in the session. JPY=

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasuries were steady on Thursday as investors waited for a vote by lawmakers on a healthcare proposal, which is seen as a gauge of the Trump administration's ability to implement near-term goals.

Benchmark 10-year notes US10YT=RR were last up 1/32 in price to yield 2.40 percent.

For a full report, double click on US/

- - - -

COMMODITIES

GOLD

NEW YORK - Gold edged lower on Thursday, weighed down by a firmer dollar, while palladium hit its highest price in two years, helped by economic data.

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Spot gold XAU= was down 0.2 percent at $1,246.21 an ounce at 1517 GMT, retreating from an intraday peak of $1,253.12, its highest since Feb. 28. U.S. gold futures GCcv1 shed 0.3 percent to $1,246.60.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper steadied on Thursday, but was still near one-week lows on news that operations at the world's top producing copper mine in Chile would resume.

Copper CMCU3 ended 0.2 percent higher at $5,825 a tonne, after briefly touching a session low of $5,768. It hit the lowest since March 10 at $5,715 the previous session.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices dipped on Thursday, struggling to recover from four-month lows because of investor concerns that OPEC-led supply cuts were not yet reducing record U.S. crude inventories. Benchmark Brent crude oil LCOc1 was trading at $50.57 a barrel by 11:49 a.m. EDT (1549 GMT), down 7 cents on the day and holding above Wednesday's slide to $49.71, its lowest level since Nov. 30 when OPEC announced plans to cut output. U.S. light crude CLc1 slipped 27 cents to $47.77.

For a full report, double click on O/R

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