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

Published 12/05/2016, 07:23 am
Updated 12/05/2016, 07:30 am
© Reuters.  RPT-UPDATE 1-New Zealand/Australia Morning Call-Global markets
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WELLINGTON, May 12 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:12 / 2112 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,372.29 +29.51 NZSX 50

6,944.34 +34.94 DJIA

17,711.12 -217.23 Nikkei

16,579.01 +13.82 NASDAQ

4,760.69 -49.19 FTSE

6,162.49 +5.84 S&P 500

2,064.46 -19.93 Hang Seng

20,055.29 -187.39 SPI 200 Fut

5,327.00 -33.00 STI

2,732.87 -8.28 SSEC

2,837.63 +5.04 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.315 +0.005 US 10 YR Bond

1.735 -0.025 NZ 10 YR Bond

2.640 -0.020 US 30 YR Bond

2.577 -0.037 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7375 0.7352 NZD US$

0.6819 0.6799 EUR US$

1.1421 1.1391 Yen US$

108.37 108.70 ---------------------------------------------------------------- Commodities Gold (Lon)

1,276.85

Silver (Lon)

17.40 Gold (NY)

1,266.00

Light Crude

45.99 TRJCRB Index

183.34 +3.05 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks dropped on Wednesday and the Dow Jones industrial average suffered its worst day since February as feeble quarterly reports from Walt Disney, Macy's and Fossil undermined confidence across the consumer sector.

The Dow .DJI slumped 1.21 percent to 17,711.12 points, its biggest one-day drop since February 11. The S&P 500 .SPX lost 0.96 percent to 2,064.46. The Nasdaq Composite .IXIC dropped 1.02 percent to 4,760.69.

For a full report, double click on .N

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LONDON - Britain's leading share index edged up on Wednesday, outperforming the rest of Europe thanks to a rebound in the mining and oil sectors on the back of stronger commodity prices.

The FTSE 100 index .FTSE was up 0.1 percent at 6,144.60 points by the close after rising 0.7 percent on Tuesday.

For a full report, double click on .L

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TOKYO - Japan's benchmark Nikkei share average edged up for a third straight day on Wednesday but pared earlier gains as the yen firmed against the dollar, obscuring the profit outlook for exporters.

The Nikkei share average .N225 ended up 0.1 percent at 16,579.01 points. The broader Topix .TOPX was flat at 1,334.30 and the JPX-Nikkei Index 400 .JPXNK400 edged down 0.1 percent to 12,059.51.

For a full report, double click on .T

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SYDNEY - Australian shares are poised to start lower on Thursday tracking weak global markets.

Local share prices index futures YAPcm1 fell 0.6 percent to 5,327 points, a 45.3-point discount to the underlying S&P/ASX200 index. The benchmark hit a 9-month high on Wednesday before ending at 5,372.30 points.

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FOREIGN EXCHANGE

NEW YORK - The dollar fell against a currency basket for the first time in seven days on Wednesday, as investors consolidated gains and booked profits on a day with no major U.S. economic data and as global stock markets were down.

In late trading, the dollar index .DXY , which tracks the greenback against a basket of six other currencies, shed 0.5 percent to 93.797, moving away from a two-week high of 94.356 set overnight.

Against the yen, the dollar was down 0.8 percent at 108.45 yen JPY= after climbing to a two-week high of 109.37 yen in Asian trading.

The euro rose 0.5 percent against the dollar to $1.1427 EUR= .

For a full report, double click on USD/

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TREASURIES

NEW YORK - Treasury yields fell on Wednesday after the U.S. government saw strong demand for its $23 billion auction of 10-year notes, the second sale of $62 billion in new coupon-bearing debt this week.

The Treasury sold the notes at a high yield of 1.71 percent, which was 2 basis points below where the debt had traded before the auction.

Benchmark 10-year notes US10YT=TWEB ended up 7/32 in price on the day to yield 1.74 percent, down from 1.76 percent on Tuesday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rebounded from two-week lows on Wednesday as the dollar's rally paused and global shares fell, rekindling investors' appetite for the precious metal.

Spot gold XAU= rose 0.8 percent to $1,275.50 an ounce by 2:03 p.m. EDT (1803 GMT), while U.S. gold for June delivery GCcv1 settled up 0.8 percent at $1,275.50 an ounce. The metal touched a low of $1,257.25 on Tuesday, its weakest since April 28.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper prices rose on Wednesday as the lower dollar triggered a flurry of fund buying, while the market waited for clues to the strength of demand, particularly in top consumer China.

Copper ended up 0.5 percent at $4,708 a tonne. It hit $4,663.50 on Tuesday, its lowest since April 12.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil jumped on Wednesday, with Brent up more than 4 percent for a second day in a row, after the U.S. government unexpectedly said crude inventories fell the first time since March, adding to concerns over supply outages in Canada and Nigeria.

Oil markets extended gains after the data. Brent crude futures LCOc1 settled up $2.08, or 4.6 percent, at $47.60 per barrel. U.S. crude's West Texas Intermediate futures CLc1 rose $1.57, or 3.5 percent, to settle at $46.23.

For a full report, double click on O/R

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