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

Published 27/11/2015, 07:41 am
© Reuters.  UPDATE 1-New Zealand/Australia Morning Call-Global markets
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(UPDATE1)

WELLINGTON, Nov 27 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:19 / 2019 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,210.70 +17.02 NZSX 50

6,087.900 +18.76 DJIA

17,813.39 +1.20 Nikkei

19,944.41 +96.83 NASDAQ

0.00 +0.00 FTSE

6,393.13 +55.49 S&P 500

2,088.87 -0.27 Hang Seng

22,488.94 -9.06 SPI 200 Fut

5,247.00 +21.00 STI

2,884.69 -6.89 SSEC

3,635.67 -12.26 Bonds

AU 10 YR Bond

2.839 +0.010 US 10 YR Bond

2.234 +0.000 NZ 10 YR Bond

3.560 -0.005 US 30 YR Bond

2.994 +0.000 Currencies

1700GMT

1700GMT AUD US$

0.7228 0.7224 NZD US$

0.6573 0.6587 EUR US$

1.0607 1.0617 Yen US$

122.58 122.60 Commodities Gold (Lon)

1,071.00

Silver (Lon)

14.23 Gold (NY)

1,071.01

Light Crude

42.51 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street was closed for Thanksgiving holiday.

For a full report, double click on .N

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LONDON - Britain's top share index gained ground on Thursday, with a rally in basic resources stocks on the back of stronger metals prices supporting the broader market. The UK mining index .FTNMX1770 rose 1.4 percent, the top sectoral gainer, after nickel prices rose sharply on supply concerns. Prices of other industrial metals such as copper and aluminium also strengthened.

Shares in Anglo American AAL.L , Glencore GLEN.L , Fresnillo FRES.L and Antofagasta ANTO.L rose 3.8 percent to 5.9 percent, helping the blue-chip FTSE 100 index .FTSE close up 0.9 percent to 6,391.13 points.

For a full report, double click on .L

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TOKYO - Japanese stocks rebounded on Thursday in thin trade, but shares in suppliers of parts for the iPhone's LCD screens dived after the Nikkei business daily reported on Apple's plans to introduce organic light-emitting diode displays for its iPhones in 2018.

The Nikkei share average .N225 ended 0.5 percent higher at 19,944.41.

The broader Topix .TOPX rose 0.5 percent to 1,602.32, with only 1.868 billion shares changing hands, lower than the 90-day average daily volume of 2.3 billion shares with U.S. markets closed for the Thanksgiving holiday.

The JPX-Nikkei Index 400 .JPXNK400 also gained 0.5 percent to 14,449.29.

For a full report, double click on .T

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SYDNEY - Australian shares are poised to open higher on Friday supported by a rally in copper and base metals overnight.

Pointing to a positive start, stock index futures YAPcm1 rose 0.4 percent to 5,247.0 to sit at a 0.36-point premium to the underlying S&P/ASX200 index.AXJO. The benchmark gained 17.01-points to end the previous session at 5,210.7.

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FOREIGN EXCHANGE

LONDON - The euro edged towards seven-month lows against the dollar and lost ground against the yen on Thursday as investors piled on bets against it, confident that the European Central Bank will ease monetary policy again next week.

The euro was down 0.1 percent at $1.0610 EUR=, having skidded on Wednesday to $1.0565 EUR=, its lowest since mid-April, before recovering. Against the yen, it was trading 0.2 percent lower at 130.10 yen, not far from a 7-month low of 129.77 EURJPY=R hit on Wednesday.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury market was closed on Thursday for Thanksgiving holiday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold traded near its lowest in nearly six years on Thursday as the dollar held at multi-month highs after U.S. economic data reinforced expectations of an interest rate rise this year.

Spot gold XAU= was unchanged on the day at $1,070.76 an ounce by 1505 GMT, not far off the $1,064.95 hit last week, its lowest since February 2010.

Liquidity was thin, with U.S. markets are shut for the Thanksgiving holiday.

In the physical markets, buying interest picked up as gold prices stayed near multi-year lows.

Premiums on the Shanghai Gold Exchange, a proxy for demand in top consumer China, were trading at a healthy $5-$6 an ounce on Thursday, versus $3-$4 at the beginning of the month.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper prices bounced to their highest level in nearly two weeks on Thursday as the dollar's uptrend faltered and funds started to reverse some of their bets on lower prices.

Benchmark copper CMCU3 on the London Metal Exchange ended up 1.9 percent at $4,636 a tonne. The metal used in power and construction earlier hit $4,741, a high since Nov. 16.

Three-month zinc CMZN3 was up 1.6 percent at $1,604 a tonne, below an earlier two-week high at $1,639.

Nickel CMNI3 gained 3.1 percent to $9,190. Earlier in the session it rose to $9,330, its highest since Nov. 17.

For a full report, double click on MET/L

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OIL

CALGARY, Alberta - Oil prices fell on Thursday after six days of gains, as concerns that escalating tension in the Middle East could disrupt supply faded, and the focus returned to a persistent market glut.

Brent crude LCOc1 was down 77 cents at $45.40 a barrel at 1410 GMT. West Texas Intermediate (WTI) futures CLc1 were 32 cents lower at $42.72 per barrel after the U.S. crude rose to $43.30 earlier in the session.

For a full report, double click on O/R

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