(Repeat to additional subscribers, no change to text) ---------------------------------------------------------------- Snapshot at: 07:20 / 2120 GMT ---------------------------------------------------------------- Stock Markets
NetChng
NetChng S&P/ASX 200
5,473.23 -35.93 NZSX 50
5,322.35 -42.67 DJIA
17,402.84 -212.33 Nikkei
20,720.75 -87.94 NASDAQ
5,036.79 -65.01 FTSE
6,664.54 -71.68 S&P 500
2,084.07 -20.11 Hang Seng
24,498.21 -22.91 SPI 200 Fut
5,378.00 -28.00 FTSTI
3,153.06 -43.60 SSEC
3,928.46 +0.04 ---------------------------------------------------------------- Bonds
NetChg
NetChg AU 10 YR Bond
2.737 -0.058 US 10 YR Bond
2.143 -0.095 NZ 10 YR Bond
3.315 -0.070 US 30 YR Bond
2.810 -0.092 ---------------------------------------------------------------- Currencies
1700GMT
1700GMT AUD US$
0.7300 0.7315 NZD US$
0.6532 0.6544 EUR US$
1.1041 1.0966 Yen US$
125.14 124.92 ---------------------------------------------------------------- Commodities Gold (Lon)
1,108.25
Silver (Lon)
15.33 Gold (NY)
1,104.11
Light Crude
43.25 TRJCRB Index
199.31 -3.14 ---------------------------------------------------------------- Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks declined on Tuesday as China's surprise devaluation of the yuan currency hit commodity-related and other shares and added to worries about the global economic outlook. Based on the latest available data, the Dow Jones industrial average .DJI fell 212.19 points, or 1.2 percent, to 17,402.98, the S&P 500 .SPX lost 20.07 points, or 0.95 percent, to 2,084.11 and the Nasdaq Composite .IXIC dropped 65.01 points, or 1.27 percent, to 5,036.79.
For a full report, double click on .N
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LONDON - Britain's benchmark share index fell on Tuesday, led by mining companies and luxury firm Burberry BRBY.L , after China devalued its currency, raising the costs of imports.
The mining sector .FTNMX1770 closed down 4.4 percent, moving back towards a six-year low hit in late July.
Britain's FTSE 100 .FTSE closed down 1.1 percent. Weakness in commodity stocks has contributed to recent declines in the index, which is now more than 6 percent off April's record high.
For a full report, double click on .L
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TOKYO - Japan's Nikkei share average edged down on Tuesday after China devalued the yuan by nearly two percent, with investors taking profits as they assessed the ramifications of Beijing's move to support the economy and exports.
The Nikkei average .N225 fell by 0.4 percent to close at 20,720.75 after first nearing the 18-1/2-year high it marked earlier this year.
The broader Topix .TOPX fell 0.2 percent to 1,687.60, erasing Monday's gains that saw it reach an 8-year high. The JPX-Nikkei Index 400 .JPXNK400 fell 0.2 percent to 15,219.52.
For a full report, double click on .T
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SYDNEY - Australian shares are likely to start lower on Wednesday as China's shock yuan devaluation added to worries about global growth and dented risk sentiment.
Australia's share price index futures YAPcm1 eased 0.5 percent to 5,378, a 95.2-point discount to the close of the underlying S&P/ASX200 index on Tuesday. The benchmark dropped 0.7 percent in the last session.
A raft of earnings will be released, including Commonwealth Bank of Australia, AGL, CSL, News Corp (NASDAQ:NWSA), Computershare and Dexus Property Group.
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FOREIGN EXCHANGE
NEW YORK - The yuan suffered its biggest fall in more than two decades on Tuesday, hitting a three-year low after the Chinese central bank surprised markets by devaluing it by almost 2 percent, firing a broadside in what some analysts saw as a looming currency war.
Spot yuan CNY=CFXS tumbled around 2 percent to as low as 6.3391, the weakest since September 2012 and the biggest drop since the currency was officially devalued in 1994.
The yuan extended losses in the offshore market, hitting its weakest in over 3-1/2 years CNH= at 6.3998, with traders saying that would mean more losses were in store for the onshore currency.
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasury yields tumbled to multimonth lows on Tuesday as a surprise currency devaluation by China touched off safety buying and speculation that Federal Reserve policymakers will delay raising U.S. interest rates.
The 30-year bond US30YT=RR climbed well over 2 full basis points in price and was last up 1-30/32 to yield 2.8062, a level last touched on May 4.
The benchmark Treasury 10-year note US10YT=RR was last up 27/32 and last yielded 2.1391 percent after closing on Monday at 2.238 percent. It had traded up over 1 full point and yielded as little as 2.1140 percent, its lowest since June 1.
For a full report, double click on US/
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COMMODITIES
GOLD
NEW YORK - Gold rose to a three-week high on Tuesday as the dollar reversed gains, global stocks fell and investors assessed the impact of China's move to devalue its currency and prop up its economy.
China's rate decision triggered a sharp but short-lived retreat in gold XAU= to a session low of $1,093.25 an ounce.
Spot prices rebounded to a three-week high of $1,119 before trading up 0.3 percent at $1,107.31 an ounce by 1340 GMT.
U.S. gold for December delivery GCcv1 rose 0.5 percent to $1,109.10 an ounce.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper and aluminium hit six-year lows on Tuesday after China devalued its currency, fuelling worries about a glut of aluminium and boosting the cost of commodities for the world's top metals consumer.
Copper CMCU3 was down 3.2 percent at $5,138.50 a tonne by 1500 GMT after sliding to $5,109, the weakest since July 2009.
Three-month LME aluminium CMAL3 slid 2.1 percent to $1,584.50 a tonne after touching $1,573.50, the lowest since July 2009.
For a full report, double click on MET/L
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OIL
NEW YORK - Oil fell as much as 5 percent on Tuesday after No. 2 consumer China devalued its currency, raising questions about its demand for crude, while a new estimate showed non-OPEC producers more resilient than expected in keeping output up despite low prices.
U.S. crude for September delivery CLU5 slipped by $2.10, or 4.7 percent, to $42.86 a barrel by 2:00 p.m. EDT (1800 GMT), after a session low at $42.69. The front-month continuation contract for U.S. crude CLc1 had previously struck a 2015 low of $42.03.
Front-month Brent LCOc1 was down $1.36, or 2.7 percent, at $49.05. It had gained 3.7 percent in the previous session, its most since late May.
For a full report, double click on O/R
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