(Updates data throughout)
WELLINGTON, Jan 8 (Reuters) - Overnight market action with latest New York figures.
---------------------------------------------------------------- Snapshot at: 07:28 / 2028 GMT ---------------------------------------------------------------- Stock Markets
NetChng
NetChng S&P/ASX 200
5,010.34 -112.79 NZSX 50
6,213.4 -49.1 DJIA
16,476.23 -430.28 Nikkei
17,767.34 -423.98 NASDAQ
4,692.19 -143.58 FTSE
5,954.08 -119.30 S&P 500
1,940.12 -50.14 Hang Seng
20,333.34 -647.47 SPI 200 Fut
4,885.00 -73.00 STI
2,729.91 -74.36 SSEC
3,115.90 -245.94 ---------------------------------------------------------------- Bonds
NetChg
NetChg AU 10 YR Bond
2.703 -0.014 US 10 YR Bond
2.149 -0.028 NZ 10 YR Bond
3.390 -0.010 US 30 YR Bond
2.924 -0.016 ---------------------------------------------------------------- Currencies
1700GMT
1700GMT AUD US$
0.7006 0.7044 NZD US$
0.6627 0.6645 EUR US$
1.0934 1.0815 Yen US$
117.51 118.02 ---------------------------------------------------------------- Commodities Gold (Lon)
1,106.35
Silver (Lon)
14.30 Gold (NY)
1,094.30
Light Crude
33.26 TRJCRB Index
168.54 -0.91 ----------------------------------------------------------------
EQUITIES
NEW YORK - U.S. stocks extended recent sharp losses on Thursday, putting the Dow on track for its worst start to a year in more than a century, as market volatility in China and a relentless slide in oil prices rattled investors.
China allowed the biggest fall in the yuan in five months, and Shanghai stocks .SSEC were halted for the second time this week after a brutal selloff.
The Dow Jones industrial average .DJI was down 323.65 points, or 1.91 percent, to 16,582.86, the S&P 500 .SPX lost 38.28 points, or 1.92 percent, to 1,951.98 and the Nasdaq Composite .IXIC dropped 117.56 points, or 2.43 percent, to 4,718.21 in late trading.
For a full report, double click on .N
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LONDON - More than 30 billion pounds were wiped off British blue chips on Thursday after China allowed its currency to weaken faster than before, rocking global markets and sending commodity shares to their lowest levels for about a decade.
The commodity-heavy FTSE 100 .FTSE hit a three-week low and closed down 119.30 points, or 2 percent at 5,954.08 to wipe 33 billion pounds off the index's market capitalisation.
For a full report, double click on .L
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TOKYO - Japanese stocks tumbled on Thursday for a fourth day after China's central bank weakened the yuan - sparking a sharp strengthening of the yen and rattling investors already on edge over geopolitical tensions.
The Nikkei share average .N225 tumbled 2.3 percent to 17,767.34, the lowest closing level since Oct. 2.
For a full report, double click on .T
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SYDNEY - Australian shares are expected to face downward pressure on Friday as a tumbling oil price and concerns about volatility on the Chinese share market continue to unnerve investors.
The local share price index futures YAPcm1 were up one point at 4,893.0, a 117.3-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 112.8 points, or 2.2 percent, to 5,010.3 on Thursday, its biggest drop in three months.
For a full report, double click on .AXJO
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FOREIGN EXCHANGE
NEW YORK - The euro jumped against the dollar as growing losses on Wall Street led investors, who had held euro-funded positions in which the low-yielding currency is borrowed and sold in favor in higher-yielding ones, to buy back the euro.
The euro was up more than 1 percent against the greenback at $1.0896 EUR= ; it hit a one-month low of $1.0709 two days ago.
The single currency EURJPY= was up 0.4 percent at 128.14 yen, rebounding from 126.75 yen, which was the lowest level since mid-April set earlier on Thursday.
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. benchmark and long-dated Treasury yields edged higher on Thursday, reversing course after touching multi-week lows in early trading, as traders viewed the decline in yields due to global market turmoil as overextended.
U.S. 10-year Treasury notes US10YT=RR were last down 3/32 in price to yield 2.190 percent, from late Wednesday's yield of 2.177 percent. U.S. 30-year Treasury bonds US30YT=RR were last down 14/32 in price to yield 2.963 percent, from a yield of 2.940 percent late on Wednesday. U.S. two-year notes US2YT=RR were last mostly flat in price to yield 0.976 percent, from a yield of 0.984 percent late on Wednesday and a session low of 0.936 percent.
For a full report, double click on US/
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COMMODITIES
GOLD
NEW YORK - Gold climbed above $1,100 an ounce for the first time in nine weeks on Thursday as the dollar fell and investors channelled money into safer assets after worries about the Chinese economy hit global stocks.
Spot gold XAU= rose to a nine-week high of $1,109.94 an ounce at one stage and was up 1.3 percent at $1,108.45 an ounce at 1903 GMT. U.S. gold futures GCcv1 settled up 1.5 percent at $1,107.80 an ounce, also a nine-week high.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper prices tumbled on Thursday, hitting their lowest in nearly seven years, as plunging equities in China highlighted the country's economic problems and reinforced concern about demand for industrial metals.
Benchmark copper CMCU3 on the London Metal Exchange ended down 2.1 percent at $4,524 a tonne. The metal, used in power and construction, earlier touched $4,430, its lowest since May 2009.
For a full report, double click on MET/L
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OIL
NEW YORK - Oil lurched to new 12-year lows before paring some losses on Thursday, with some traders betting a rout triggered by fears over China demand and swelling U.S. stockpiles had run its course, for now.
Brent LCOc1 was 25 cents lower at $33.98 a barrel by 1718 GMT after sliding during European trading to a low of $32.16, a level last seen in April 2004. WTI CLc1 were down 50 cents at $33.47, after hitting a low of $32.10, their lowest since late 2003.
For a full report, double click on O/R
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