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

Published 16/06/2016, 07:38 am
© Reuters.  RPT-UPDATE 1-New Zealand/Australia Morning Call-Global markets
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(Repeats to additional subscribers, no changes to text) ---------------------------------------------------------------- Snapshot at: 07:31 / 2131 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,147.06 -56.21 NZSX 50

6,869.56 +34.61 DJIA

17,640.17 -34.65 Nikkei

15,919.59 +60.58 NASDAQ

4,834.93 -8.62 FTSE

5,966.80 +43.27 S&P 500

2,071.50 -3.82 Hang Seng

20,467.52 +79.99 SPI 200 Fut

5,158.00 +1.00 STI

2,774.25 +5.92 SSEC

2,886.92 +44.74 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.050 -0.022 US 10 YR Bond

1.575 -0.036 NZ 10 YR Bond

2.495 +0.005 US 30 YR Bond

2.410 -0.014 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7407 0.7379 NZD US$

0.7031 0.7028 EUR US$

1.1261 1.1226 Yen US$

105.99 106.26 ---------------------------------------------------------------- Commodities Gold (Lon)

1,283.30

Silver (Lon)

17.51 Gold (NY)

1,285.46

Light Crude

47.49 TRJCRB Index

191.74 -0.47 ----------------------------------------------------------------

Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street fell for a fifth straight session on Wednesday after the Federal Reserve left interest rates unchanged and investors stewed over an impending vote in Britain on whether to leave the European Union.

While the U.S. central bank put off an immediate rate hike, it lowered its economic growth forecast.

The Dow Jones industrial average .DJI lost 0.2 percent to end at 17,640.17 and the S&P 500 .SPX fell 0.18 percent to 2,071.50. The Nasdaq Composite .IXIC dropped 0.18 percent to 4,834.93.

For a full report, double click on .N

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LONDON - Britain's top share index rebounded on Wednesday as a rally in metals prices following a weaker dollar boosted basic resources stocks, although housebuilders came under pressure ahead of a vote on the country's European Union membership.

The blue-chip FTSE 100 index closed 0.7 percent higher at 5,966.80 points after falling in the previous four sessions to its lowest level since late February on Tuesday.

For a full report, double click on .L

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TOKYO - Japanese stocks rose in choppy trade on Wednesday, snapping a four-day losing streak thanks to short-covering, while coming central bank meetings and worries that Britain might vote to leave the European Union kept investors on edge.

The Nikkei share average .N225 ended 0.4 percent higher at 15,919.58 after trading in negative territory in the morning.

For a full report, double click on .T

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SYDNEY - Australian shares are set to open cautiously on Thursday following five days of losses. Miners are likely to shore up the market on a weaker U.S. dollar after the Federal Reserve cut its economic growth forecasts for this year.

Local share price index futures YAPcm1 pointed to a steady opening, picking up 1 point to 5,158.0. That was a 10.9-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.9 percent to a two-month low on Wednesday.

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FOREIGN EXCHANGE

NEW YORK - The dollar fell on Wednesday after the Federal Reserve held interest rates steady, as expected, and lowered its economic growth forecasts for this year and next, suggesting it would be less aggressive in tightening policy after 2016.

In afternoon trading, the dollar fell to 105.50 yen JPY= , the lowest since mid-October 2014. It has since recovered to 105.97, down 0.1 percent.

The euro also gained against the dollar, up 0.5 percent to $1.1265 EUR= , and rising 0.4 percent versus the yen to 119.39 yen EURJPY= .

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields fell on Wednesday after the Federal Open Market Committee kept U.S. overnight interest rates unchanged and lowered its economic growth expectations, prompting investors to write down the chances for more rate hikes this year.

Benchmark 10-year U.S. Treasury notes US10YT=TWEB rose 6/32 in price to yield 1.590 percent.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold hit a six-week high on Wednesday, climbing for the sixth straight session after the Federal Reserve lowered its economic growth forecasts through 2017, indicating it will be less aggressive in tightening monetary policy next year.

Spot gold XAU= was up 0.7 percent at $1,293.86 an ounce at 2:48 p.m. EDT (1848 GMT), after rising to $1,296.70, the highest since May 3.

For a full report, double click on GOL/

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BASE METALS

LONDON - Aluminium hit its highest level in nearly six weeks on Wednesday and copper also jumped as the dollar dipped and investors bought more risky assets ahead of a Federal Reserve meeting.

Three-month LME aluminium CMAL3 closed 1 percent higher at $1,626 a tonne, the strongest since May 5, building on gains of 0.6 percent on Tuesday.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices fell for a fifth straight day on Wednesday, their longest losing stretch since February, on worries Britain might leave the European Union while the U.S. Federal Reserve signaled plans for two U.S. rate hikes this year despite slower growth expectations.

Brent crude futures' front-month LCOc1 settled down 86 cents, or 1.7 percent, at $48.97 a barrel. In post-settlement trade, it fell as low as $48.56 by 3:46 p.m. EDT (1946 GMT).

The front-month in U.S. crude's West Texas Intermediate (WTI) futures CLc1 settled down 48 cents, or 1 percent, at $48.01 per barrel. In post-settlement it fell to $47.45.

For a full report, double click on O/R

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