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

Published 02/12/2015, 07:57 am
Updated 02/12/2015, 08:00 am
© Reuters.  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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HK50
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BHP
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BHPB
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GC
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HG
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LCO
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CL
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US10YT=X
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(Add Australian stock market trend) --------------------------------------------------------------- - Snapshot at: 07:40 / 2040 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,266.13 +96.63 NZSX 50

6,150.68 +43.2 DJIA

17,865.20 +145.28 Nikkei

20,012.40 +264.93 NASDAQ

5,149.90 +41.23 FTSE

6,395.65 +39.56 S&P 500

2,099.56 +19.15 Hang Seng

22,381.35 +384.93 SPI 200 Fut

5,262.00 -2.00 STI

2,870.26 +14.32 SSEC

3,457.73 +12.33 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.817 -0.028 US 10 YR Bond

2.152 -0.066 NZ 10 YR Bond

3.575 -0.010 US 30 YR Bond

2.910 -0.080 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7326 0.7260 NZD US$

0.6681 0.6635 EUR US$

1.0631 1.0585 Yen US$

122.83 122.92 ---------------------------------------------------------------- Commodities Gold (Lon)

1,065.40

Silver (Lon)

14.17 Gold (NY)

1,064.02

Light Crude

41.58 TRJCRB Index

184.39 +1.85 ----------------------------------------------------------------

Overnight market action with latest New York figures

EQUITIES

NEW YORK - Wall Street kicked off the last month of the year on a positive note as investors look out for key economic data and policy decisions by central banks.

At 12:27 p.m. ET (1627 GMT) the Dow Jones industrial average .DJI was up 110.45 points, or 0.62 percent, at 17,830.37, the S&P 500 .SPX was up 13.26 points, or 0.64 percent, at 2,093.67 and the Nasdaq Composite .IXIC was up 29.61 points, or 0.58 percent, at 5,138.28.

For a full report, double click on .N

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LONDON - Britain's top share index gained on Tuesday as the banking sector rose after passing Bank of England (BoE) stress tests, making up for underperforming European indexes in the previous session.

Financial stocks added nearly 20 points to a 39.56 point advance for the FTSE 100 .FTSE , which was up 0.6 percent at 6,395.65 by the close.

For a full report, double click on .L

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TOKYO - Japanese stocks rebounded on Tuesday to break the 20,000-point mark for the first time in more than three months, shrugging off soft Chinese factory surveys with the help of a weak yen and rising U.S. futures.

The Nikkei share average .N225 gained 1.3 percent to end the day at 20,012.40. It was the first time since August 20th that the benchmark index closed above 20,000 points.

For a full report, double click on .T

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SYDNEY - Australian shares are set with a cautious start on Wednesday with falling iron ore prices likely to hit local resource stocks. Global miner BHP Billiton (L:BLT) BHP.AX is expected to open around 0.8 percent lower, tracking a loss in its U.S. ADRs BHP.N .

Share price index futures YAPcm1 edged down 0.1 percent to 5,258, a 8.1-point discount to the close of the underlying S&P/ASX 200 index .AXJO on Tuesday. The benchmark surged 1.9 percent on Monday.

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FOREIGN EXCHANGE

NEW YORK - The dollar fell on Tuesday as upbeat European economic data and a drop in U.S. manufacturing employment knocked the greenback from 8-1/2-month highs against a basket of major currencies.

The euro EUR= gained nearly half a percent against the dollar, bouncing back from a 7-1/2-month low. The strong euro zone data interrupted what has been a steady trend of dollar strength against the single currency.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury debt prices rose on Tuesday, with benchmark yields touching near one-month lows after data showed that U.S. factory activity fell in November to the lowest level in six years.

U.S. benchmark 10-year Treasury notes US10YT=RR were last up 16/32 in price to yield 2.161 percent, down sharply from a yield of 2.218 percent on late Monday. The 10-year yield hit a near one-month low of 2.159 percent in the wake of the U.S. manufacturing data, which came in below expectations.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rose for a second day on Tuesday, rebounding from last week's 5-1/2 year low, as a retreat in the dollar prompted investors to cover short positions ahead of a European Central Bank (ECB) meeting and U.S. payrolls data this week.

Spot gold XAU= was up 0.4 percent at $1,068.21 an ounce at 1507 GMT, while U.S. gold futures GCv1 for February delivery were up $2.60 an ounce at $1,067.90. Spot gold hit its lowest since February 2010 last week at $1,052.46.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper firmed on Tuesday on output cut plans in top metal user China, but gains were capped by data showing China's factory activity slowed in November, underlining the headwinds facing demand.

Three-month copper on the London Metal Exchange CMCU3 closed up 1 percent at $4,632 a tonne. Copper prices slumped 10 percent in November, the biggest monthly loss since January, and have fallen nearly 27 percent this year.

For a full report, double click on MET/L

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OIL

NEW YORK - Crude oil futures fell almost 1 percent on Tuesday on bets OPEC will not cut output to stem a supply glut when the world's biggest oil producers meet in Vienna later this week, although a rally in U.S. gasoline and a weak dollar limited losses.

Brent crude futures LCOc1 were down 41 cents, or 0.9 percent, at $44.21 a barrel by 1:33 p.m. EST (1833 GMT).U.S. crude's West Texas Intermediate futures CLc1 traded down 15 cents at $41.50.

For a full report, double click on O/R

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