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WELLINGTON, May 25 (Reuters) - - ----------------------(0745/2145 GMT)----------------------- Stock Markets
NetChng
NetChng S&P/ASX 200
5,295.57 -23.37 NZSX 50
6,872.66 -35.11 DJIA
17,706.05 +213.12 Nikkei
0.00 +0.00 NASDAQ
4,861.06 +95.27 FTSE
6,219.26 +82.83 S&P 500
2,076.06 +28.02 Hang Seng
19,830.43 +21.40 SPI 200 Fut
5,371.00 +75.00 STI
2,750.23 -16.70 SSEC
2,822.04 -21.60 ---------------------------------------------------------------- Bonds
NetChg
NetChg AU 10 YR Bond
2.330 +0.043 US 10 YR Bond
1.865 +0.025 NZ 10 YR Bond
2.740 +0.010 US 30 YR Bond
2.646 +0.011 ---------------------------------------------------------------- Currencies
1700GMT
1700GMT AUD US$
0.7181 0.7163 NZD US$
0.6736 0.6704 EUR US$
1.1135 1.1199 Yen US$
109.98 109.39 ---------------------------------------------------------------- Commodities Gold (Lon)
1,236.85
Silver (Lon)
16.20 Gold (NY)
1,248.49
Light Crude
48.62 TRJCRB Index
183.35 +0.15 ---------------------------------------------------------------- Overnight market action with latest New York figures.
EQUITIES
NEW YORK - Wall Street surged more than 1 percent on Tuesday and the Nasdaq had its strongest day in three months as investors made peace with the possibility that the U.S. Federal Reserve might soon raise interest rates.
Shares rose in the banking sector .SPSY , which stands to gain from higher interest rates. Bank of America (NYSE:BAC) BAC.N , Citigroup (NYSE:C) C.N and JPMorgan (NYSE:JPM) JPM.N all rose more than 1.4 percent.
For a full report, double click on .N
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LONDON - Britain's top share index rose on Tuesday, bolstered by a rally in banking stocks and a well-received trading statement from Kingfisher (LON:KGF) KGF.L.
The FTSE 100 index .FTSE was up 82.83 points, or 1.4 percent, at 6,219.26 points at its close, touching a three-week high.
For a full report, double click on .L
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TOKYO - Japanese stocks fell on Tuesday as uncertainty on whether Tokyo would intervene to weaken the yen over U.S. objections sapped confidence, while worries over fiscal policy and a pending decision on a sale tax hike sent turnover to its lowest level this year.
The Nikkei share average .N225 dropped 0.9 percent to 16,498.76.
For a full report, double click on .T
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SYDNEY - Australian shares are set to open up more than 1 percent on Wednesday, rebounding from a two-week low touched in the previous session, as a stronger Wall Street underpinned gains.
Local share price index futures YAPcm1 rose 1.4 percent to 5,371.0, an 75.5-point premium to the underlying S&P/ASX 200 index .AXJO close on Tuesday. The benchmark fell 0.44 percent last Tuesday.
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FOREIGN EXCHANGE
NEW YORK - The U.S. dollar hit its highest level against the euro in nearly 10 weeks on Tuesday and rallied against the yen and Swiss franc on increased expectations for an interest rate hike in coming months from the Federal Reserve.
The dollar index, which measures the greenback against a basket of six major currencies, hit an eight-week high of 95.647 .DXY .
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasury prices fell on Tuesday, with the two-year yield touching two-month highs, but prices bounced off session lows when robust demand at the $26 billion note auction offset pressure from a stock market rally and strong U.S. home sales data.
Benchmark 10-year Treasury prices US10YT=RR were down 5/32 in price for a yield of 1.859 percent, up 2 basis points from Monday.
The two-year Treasury yield US2YT=RR was up as much as 3 basis points to a two-month high at 0.930 percent before easing to 0.909 percent, up 1 basis point on the day.
For a full report, double click on US/
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COMMODITIES
GOLD
NEW YORK - Gold fell to the lowest in more than four weeks on Tuesday as hawkish comments from Federal Reserve officials in the previous session sent the dollar to a two-month high against a currency basket.
Spot gold XAU= was down 1.5 percent at $1,229.25 an ounce at 1:55 p.m. EDT (1755 GMT), off an earlier low of $1,227.70. U.S. gold futures GCv1 for June delivery settled down 1.8 percent at $1,229.20 an ounce.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper rose on Tuesday as traders and funds reversed bets on lower prices though gains were capped by a stronger dollar and uncertainty over demand growth in top consumer China.
Benchmark copper CMCU3 on the London Metal Exchange ended up 0.9 percent at $4,602 a tonne, having last week touched a three-month low at $4,540.
For a full report, double click on MET/L
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OIL
NEW YORK - Oil rose about 1 percent on Tuesday on a boost from Wall Street and expectations of a drawdown in U.S. crude inventories, then prices jumped another 1 percent after settlement to nearly $50 a barrel after an industry group suggested the draw was larger than expected.
U.S. crude's West Texas Intermediate (WTI) futures CLc1 settled up 54 cents, or 1.1 percent, at $48.62 a barrel. After the release of the API data, it got to as high as $49.27 by 4:58 p.m. EDT (2058 GMT) in post-settlement trade.
Brent crude futures LCOc1 finished up 26 cents, or 0.5 percent, at $48.61, ending a four-day slide. It reached $49.24 in after-hours trade..
For a full report, double click on O/R
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