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RPT-UPDATE 1-New Zealand/Australia Morning Call-Global markets

Published 15/02/2016, 07:51 am
© Reuters.  RPT-UPDATE 1-New Zealand/Australia Morning Call-Global markets
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WELLINGTON, Feb 15 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:49 / 2049 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

4,765.35 -55.73 NZSX 50

5,933.96 -53.06 DJIA

15,973.84 +313.66 Nikkei

14,952.61 -760.78 NASDAQ

4,337.51 +70.68 FTSE

5,707.60 +170.63 S&P 500

1,864.78 +35.70 Hang Seng

18,319.58 -226.22 SPI 200 Fut

4,785.00 +87.00 STI

2,539.95 +1.67 SSEC

2,763.95 -17.07 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.478 +0.057 US 10 YR Bond

1.746 +0.000 NZ 10 YR Bond

3.055 +0.035 US 30 YR Bond

2.603 +0.000 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7107 0.7099 NZD US$

0.6615 0.6673 EUR US$

1.1230 1.1313 Yen US$

113.39 111.78 ---------------------------------------------------------------- Commodities Gold (Lon)

1,239.75

Silver (Lon)

15.71 Gold (NY)

1,237.66

Light Crude

29.44 TRJCRB Index

160.36 +5.35 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks rallied on Friday, snapping a five-day losing streak in the S&P 500, as financial, commodity-related and other beaten-down shares rebounded. U.S. oil prices settled 12.3 percent higher, boosting energy shares .SPNY 2.6 percent. The materials sector .SPLRCM jumped 2.9 percent.

The Dow Jones industrial average .DJI closed up 313.66 points, or 2 percent, to 15,973.84, the S&P 500 .SPX had gained 35.7 points, or 1.95 percent, to 1,864.78 and the Nasdaq Composite .IXIC had added 70.68 points, or 1.66 percent, to 4,337.51.

For a full report, double click on .N

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LONDON - Britain's top share index ended higher on Friday, recording its best one-day percentage gain in more than five months, as banking and commodities-related stocks rebounded from a slump in the previous session.

Aircraft engine-maker Rolls-Royce RR.L jumped more than 14 percent after a well-received update, helping the FTSE 100 index .FTSE to end 3.1 percent higher at 5,707.60 points, after falling to its lowest point since late 2012 on Thursday. The index, however, finished 2.4 percent lower this week.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average stumbled to a fresh 16-month low in heavy trade on Friday, and posted the biggest weekly drop since 2008 as investors scrambled to dump risky assets after the dollar dived to a 15-month low against the yen.

The Nikkei .N225 sank 4.8 percent to 14,952.61, the lowest closing level since October, 2014. The broader Topix .TOPX dropped 5.4 percent to 1,196.28 and the JPX-Nikkei Index 400 .JPXNK400 fell 5.6 percent to 10,780.40.

For a full report, double click on .T

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SYDNEY - Australian shares are set with a strong start on Monday tracking a bounce on Wall Street. Pointing to a firm opening, local share price index futures YAPcm1 rose 1.9 percent to 4,785 to sit at a 19.7-point premium to the close of the underlying S&P/ASX 200 index .AXJO on Friday.

The benchmark shed more than 4 percent last week, its second largest decline this year.

Global miner BHP Billiton (L:BLT) BHP.AX is expected to open around 6 percent higher after a gain in its U.S. ADRs BHP.N .

Earnings season is in full swing with Evolution Mining EVN.AX , Newcrest Mining NCM.AX , Broadspectrum BRS.AX , Adelaide Bendigo Bank BEN.AX and Aurizon AZJ.AX due to release results.

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FOREIGN EXCHANGE

NEW YORK - The dollar rose on Friday after data showed U.S. consumer spending appeared to have regained its mojo in January, supporting the possibility the Federal Reserve will continue to raise interest rates as other central banks ease policy.

On Friday, the dollar rose 0.75 percent to 113.26 yen. Despite the turnaround, the dollar has fallen more than 3 percent against the yen for the week. The euro EUR= fell 0.6 percent against the dollar to 1.1250. The dollar rose 0.5 percent against the Swiss franc CHF= to 0.9765 franc.

The dollar index .DXY , which tracks the dollar against six major world rivals, rose to a session high of 96.215 in afternoon U.S. trading.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields climbed on Friday as stocks rallied after a report showed that U.S. consumer spending regained momentum in January, suggesting the economy may not be slowing as much as many investors had feared in recent weeks.

Adding to pressure on Treasuries were comments from New York Fed President William Dudley, who said the U.S. economy has "quite a bit of momentum," making it "extraordinarily premature" to even talk about the possibility of using negative rates.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold prices eased on Friday after soaring 5 percent the previous day, pressured by profit-taking after the biggest rally in more than seven years, but the metal was still set for its best week in four years as investors rushed to safe haven assets.

Spot gold XAU= was down 0.7 percent at $1,238.36 an ounce at 3:07 p.m. EST. U.S. gold futures GCcv1 for April delivery settled down 0.7 percent at $1,239.40 an ounce but were on track to rise 7.1 percent this week, the sharpest increase since December 2008.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper gained on Friday along with oil and shares after upbeat U.S. data offered hope of a rebound in economic growth, but metals investors were on edge ahead of the reopening of Chinese markets next week.

Benchmark copper CMCU3 on the London Metal Exchange closed 1.2 percent higher at $4,500 a tonne, but also ended with its biggest weekly drop in a month of nearly 3 percent.

For a full report, double click on MET/L

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OIL

NEW YORK - Global oil prices surged as much as 12 percent on Friday after a report once again suggested OPEC might finally agree to cut production to reduce the world glut, while a bounce in stock markets fed appetite for risk.

U.S. crude's front-month CLc1 settled up $3.23, or 12.3 percent, at $29.44 per barrel, reaching a session high of $29.66. It hit a 12-year low of $26.05 the previous day. For the week, it lost 4.7 percent.

Brent's front-month LCOc1 closed up $3.30 at $33.36 a barrel, having slid below $30 on Thursday. Weekly losses were pared to 2 percent.

For a full report, double click on O/R

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