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

Published 07/12/2016, 07:44 am
Updated 07/12/2016, 08:40 am
© Reuters.  RPT-UPDATE 1-New Zealand/Australia Morning Call-Global markets
EUR/USD
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UK100
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XAU/USD
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US500
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DJI
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AXJO
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JP225
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HK50
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T
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DX
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GC
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HG
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LCO
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CL
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FTMC
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IXIC
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US2YT=X
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US10YT=X
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US30YT=X
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DXY
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(Repeats to additional subscribers, with no changes to text) ---------------------------------------------------------------- Snapshot at: 07:43 / 2043 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

0.00 +0.00 NZSX 50

0.00 +0.00 DJIA

19,230.49 +14.25 Nikkei

18,360.54 +85.55 NASDAQ

5,327.21 +18.32 FTSE

6,779.84 +33.01 S&P 500

2,209.80 +5.09 Hang Seng

22,675.15 +169.60 SPI 200 Fut

5,458.00 +30.00 STI

2,949.12 +6.07 SSEC

3,199.37 -5.34 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.820 -0.010 US 10 YR Bond

2.387 +0.000 NZ 10 YR Bond

3.260 +0.000 US 30 YR Bond

3.074 +0.019 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7455 0.7444 NZD US$

0.7106 0.7121 EUR US$

1.0715 1.0739 Yen US$

114.02 114.12 ---------------------------------------------------------------- Commodities Gold (Lon)

1,172.50

Silver (Lon)

16.67 Gold (NY)

1,170.18

Light Crude

50.74 TRJCRB Index

192.53 -0.95 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street edged higher on Tuesday as telecom stalwarts AT&T (NYSE:T) and Verizon gained and bank shares added to their torrid post-election rally.

The Dow Jones industrial average .DJI rose 22.58 points, or 0.12 percent, to 19,238.82, the S&P 500 .SPX gained 5.99 points, or 0.27 percent, to 2,210.7 and the Nasdaq Composite .IXIC added 21.19 points, or 0.4 percent, to 5,330.08.

For a full report, double click on .N

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LONDON - Britain's mid-caps underperformed blue-chip peers on Tuesday, as spreadbetting firms' stocks tumbled after regulators announced a planned crackdown on some of their products.

The British mid-cap FTSE 250 .FTMC was down 0.1 percent, while the FTSE 100 .FTSE was up 0.5 percent at its close.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average rebounded on Tuesday as strong U.S. economic data helped calm worries about instability in the European Union after Italian Prime Minister Matteo Renzi's resignation.

The Nikkei .N225 ended 0.5 percent higher to 18,360.54.

For a full report, double click on .T

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SYDNEY - Australian shares are seen edging higher at the open, while traders wait for gross domestic product numbers due mid-morning that are expected to show weakening growth.

Local share price futures added 0.5 percent overnight, adding 28 points to reach 5,456 points. That is a 27.3-point premium to the underlying S&P/ASX 200 index .AXJO . The benchmark rose 0.5 percent on Tuesday.

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FOREIGN EXCHANGE

NEW YORK - The euro slipped from three-week highs against the U.S. dollar on Tuesday, following a strong rally on Monday, as investors awaited Thursday's highly anticipated European Central Bank policy meeting.

The euro EUR= was last down 0.46 percent against the dollar, at $1.0713, after hitting a three-week high of $1.0796 on Monday. The dollar index .DXY , which measures the greenback against a basket of six major currencies, rose 0.41 percent to 100.50, after dropping to 99.849 on Monday, the lowest level since Nov. 15.

For a full report, double click on USD/

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TREASURIES

NEW YORK - Most U.S. Treasury yields were little changed on Tuesday, holding in narrow ranges as traders awaited possible clues from the European Central Bank on its bond purchase program following its policy meeting on Thursday.

The benchmark 10-year Treasury <US10YT=RR yield was 2.394 percent, up 0.7 basis point from Monday, while the 30-year bond US30YT=RR yield was 3.080 percent, up 2.5 basis points. The U.S. two-year note US2YT=RR yield was 1.120 percent, down 0.4 basis point and not far below its highest level since April 2010 reached in late November.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold hovered near 10-month lows on Tuesday as the market braced for an increase in U.S. interest rates this month and anticipated more monetary tightening next year

Spot gold XAU= was down 0.18 percent at $1,168.08 an ounce by 2:22 p.m. EST (1922 GMT), up slightly from Monday's 10-month low at $1,157. U.S. gold futures GCcv1 settled down $6.4, or 0.54 percent, at $1,170.1 per ounce.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper prices fell on Tuesday as investors cashed in gains after the previous session's rally on concerns that a surge in base metals prices over the last month had left markets overstretched.

Three-month copper CMCU3 on the London Metal Exchange (LME) closed down 1.1 percent at $5,884 a tonne. The metal rose 23 percent last month to reach its highest since June 2015 at $6,045.50 a tonne.

Zinc CMZN3 , which also sank in earlier trade after rallying 3.7 percent on Monday, reversed losses to close up 1.2 percent at $2,800 a tonne.

Aluminium CMAL3 closed down 1.5 percent at $1,709 a tonne. Lead CMPB3 closed up 0.7 percent at $2,336.50 a tonne, while tin CMSN3 ended the day 0.2 percent lower at $21,125 a tonne. Nickel CMNI3 closed down 0.3 percent at $11,610.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices on Tuesday ended lower for the first time in a week since OPEC agreed to cut output on growing skepticism that the cartel would be able to reduce supplies as data showed record high production in most major export regions.

After rising over 15 percent over the four sessions since the Nov. 30 OPEC meeting, Brent futures LCOc1 lost $1.01, or 1.8 percent, to settle at $53.93 a barrel, while U.S. West Texas Intermediate (WTI) crude futures CLc1 fell 86 cents, or 1.7 percent, to $50.93 per barrel.

For a full report, double click on O/R

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