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

Published 15/03/2016, 07:47 am
© Reuters.  RPT-UPDATE 1-New Zealand/Australia Morning Call-Global markets
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AXJO
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(Repeat to additional subscribers, no change to text) ---------------------------------------------------------------- Snapshot at: 07:44 / 2044 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,185.46 +19.07 NZSX 50

6,566.8 +51.4 DJIA

17,229.13 +15.82 Nikkei

17,233.75 +294.88 NASDAQ

4,750.28 +1.81 FTSE

6,174.57 +34.78 S&P 500

2,019.64 -2.55 Hang Seng

20,435.34 +235.74 SPI 200 Fut

5,177.00 +4.00 STI

2,847.06 +18.20 SSEC

2,859.89 +49.58 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.680 -0.015 US 10 YR Bond

1.961 -0.016 NZ 10 YR Bond

3.060 -0.010 US 30 YR Bond

2.732 -0.015 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7509 0.7535 NZD US$

0.6664 0.6724 EUR US$

1.1103 1.1150 Yen US$

113.79 113.84 ---------------------------------------------------------------- Commodities Gold (Lon)

1,242.75

Silver (Lon)

15.35 Gold (NY)

1,248.06

Light Crude

37.36 TRJCRB Index

172.38 -1.14 ----------------------------------------------------------------

Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street closed little changed on Monday as consumer discretionary gains countered losses in energy shares and investors laid low ahead of a U.S. Federal Reserve meeting.

The Dow Jones industrial average .DJI rose 15.69 points, or 0.09 percent, to 17,229, the S&P 500 .SPX lost 2.61 points, or 0.13 percent, to 2,019.58 and the Nasdaq Composite .IXIC added 1.81 points, or 0.04 percent, to 4,750.28.

For a full report, double click on .N

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LONDON - British equities edged higher on Monday but underperformed euro zone shares as a fall in the price of oil weighed on energy firms and counteracted a fading boost to UK-listed miners from well-received Chinese data.

Britain's FTSE 100 index .FTSE closed up 34.78 points, or 0.6 percent at 6,174.57 points.

For a full report, double click on .L

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TOKYO - Japanese stocks climbed above a 1-week high on Monday as investors shook off initial scepticism over the European Central Bank's latest stimulus package and speculated that oil prices could be bottoming out.

The Nikkei share average .N225 ended up 1.7 percent at 17,233.75 points, after gaining more than 2 percent at one point.

The broader Topix .TOPX climbed 1.5 percent to 1,379.95, with all but one of its 33 subindexes in positive territory. The JPX-Nikkei Index 400 .JPXNK400 gained 1.5 percent to 12,480.68.

For a full report, double click on .T

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SYDNEY - Australian shares are set for a cautious start on Tuesday after Wall Street closed little changed and investors on guard ahead of the Federal Reserve policy meeting.

Local share price index futures YAPcm1 edged up 0.1 percent to 5,177.0, an 8.5-point discount to the close fo the underlying S&P/ASX 200 .AXJO on Monday. The benchmark rose to a two-month peak in the last session.

Mining stocks could provide some support with BHP Billiton (LON:BLT) BHP.AX seen to open 0.8 percent higher based on its U.S. ADRs' performance BHP.N .

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FOREIGN EXCHANGE

NEW YORK - The dollar rose on Monday in tight trading, adding to Friday's gains against the euro and other European currencies as investors pursued riskier European assets and awaited a packed slate of upcoming central bank meetings this week.

The dollar rose broadly against major European currencies on Monday. Against the Swiss franc CHF= , it added 0.4 percent to 0.9875 franc. Sterling GBP= also fell against the dollar, shedding 0.4 percent to $1.4332.

The dollar rose 0.6 percent against both the Aussie AUD= and the loonie CAD=. It added 0.9 percent against the kiwi NZD= .

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury debt prices rose on Monday, recovering after an aggressive selloff last week, as investors tried to get back to neutral positions ahead of this week's two-day Federal Open Market Committee meeting.

In mid-morning trading, the benchmark 10-year note US10YT=RR rose 6/32 in price to yield 1.955 percent from 1.993 percent on Friday.

The 30-year bond US30YT=RR was last up 16/32 in price to yield 2.720 percent, down from 2.762 percent late on Friday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold steadied on Monday, paring earlier gains as stock markets and the dollar gained, with moves muted ahead of closely watched policy meetings of U.S. and Japanese central banks this week.

Spot gold XAU= was little changed at $1,248.66 an ounce at 1442 GMT, off an earlier high of $1,260.71. U.S. gold futures GCv1 for April delivery were down $9.60 an ounce at $1,249.80

For a full report, double click on GOL/

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BASE METALS

LONDON - Aluminium hit a three-week low on Monday and copper also fell, weighed by a stronger dollar and weak Chinese industrial output.

Three-month aluminium on the London Metal Exchange CMAL3 closed 1.2 percent lower at $1,542.50 a tonne after touching $1,536, the weakest since Feb. 19.

LME copper CMCU3 shed 0.5 percent to end at $4,946 a tonne, after touching a four-month peak of $5,059 on March 4 and gaining 1.6 percent in the prior session.

For a full report, double click on MET/L

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OIL

NEW YORK - Global oil prices fell as much as 4 percent on Monday on concerns a six-week market recovery has gone beyond fundamentals, as U.S. crude stockpiles continue to mount and Iran maintains little interest in a global production freeze.

U.S. crude CLc1 was down $1.65, or 4.3 percent, at $36.85 a barrel by 12:18 p.m. EDT (1618 GMT). It hit a three-month high of $39.02 on Friday, surging from a 12-year low of $26.05 a month earlier.

Brent LCOc1 was down $1.20, or 2.9 percent, at $39.19 barrel. The global crude benchmark fell to a 2003 low of $27.10 in late January.

For a full report, double click on O/R

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