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

Published 07/06/2016, 07:54 am
Updated 07/06/2016, 08:00 am
© Reuters.  UPDATE 1-New Zealand/Australia Morning Call-Global markets
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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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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IXIC
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US10YT=X
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TOPX
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JPXNK400
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DXY
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(Add Australian stock market report) ---------------------------------------------------------------- Snapshot at: 07:52 / 2152 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,360.42 +41.53 NZ50 was closed on Monday DJIA

17,920.33 +113.27 Nikkei

16,580.03 -62.20 NASDAQ

4,968.71 +26.20 FTSE

6,273.40 +63.77 S&P 500

2,109.41 +10.28 Hang Seng

21,030.22 +82.98 SPI 200 Fut

5,378.00 +15.00 STI

2,831.28 +22.05 SSEC

2,934.29 -4.40 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.163 +0.002 US 10 YR Bond

1.737 +0.033 NZ 10 YR Bond

2.585 -0.080 US 30 YR Bond

2.558 +0.040 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7359 0.7332 NZD US$

0.6916 0.6916 EUR US$

1.1354 1.1340 Yen US$

107.56 107.03 ---------------------------------------------------------------- Commodities Gold (Lon)

1,244.00

Silver (Lon)

16.46 Gold (NY)

1,244.86

Light Crude

49.69 TRJCRB Index

191.27 +2.60 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - The S&P 500 closed at a 7-month high on Monday as Federal Reserve Chair Janet Yellen painted a mostly upbeat picture of the economy but gave little sense of when a rate hike may be coming.

The Dow Jones industrial average .DJI closed up 113.27 points, or 0.64 percent, to 17,920.33, the S&P 500 .SPX gained 10.28 points, or 0.49 percent, to 2,109.41, its highest close in seven months.

The Nasdaq Composite .IXIC added 26.20 points, or 0.53 percent, to 4,968.71.

For a full report, double click on .N

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LONDON - Britain's top share index climbed on Monday, with a rally in metals prices boosting the UK mining index to a one-month high, although housebuilders fell on concerns surrounding the June 23 referendum on the country's EU membership.

The commodity-heavy FTSE 100 index .FTSE was up 1 percent at 6,273.40 points by the close, outperforming the broader European market.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average fell to a four-week low on Monday as the yen appreciated sharply against the dollar after Friday's disappointing U.S. jobs data, adding pressure on the outlook for Japanese exporters.

The Nikkei .N225 dropped 0.4 percent to 16,580.03 points, after falling to as low as 16,322.64, the weakest since May 10.

The broader Topix .TOPX lost 0.4 percent to 1,332.43 and the JPX-Nikkei Index 400 .JPXNK400 shed 0.4 percent to 12,005.62.

For a full report, double click on .T

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SYDNEY - Australian stocks are poised to gain on Tuesday, tracking rising commodity prices and optimism on Wall Street after U.S. Federal Reserve chair Janet Yellen said she still expected gradual U.S. rate increases.

Stock index futures YAPcm1 edged up 0.3 percent to 5,378.0, a 17.6-point premium to the underlying S&P/ASX 200 index .AXJO on Monday. The benchmark ended a touch firmer in the last session, remaining within reach of a recent nine-month high of 5,427.7.

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FOREIGN EXCHANGE

NEW YORK - The dollar was little changed against a basket of currencies on Monday as Federal Reserve Chair Janet Yellen said she still expected gradual U.S. interest rate increases following a weak jobs report, but raised concerns about Britain's referendum on its membership in the European Union.

The dollar index .DXY , which measures the greenback against a group of six currencies, rose briefly on Yellen's rate-hike comment before turning modestly lower. It was last down 0.1 percent on the day at 93.925.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields rose on Monday ahead of a speech by Federal Reserve Chair Janet Yellen, as investors evaluated whether a weak jobs report for May would make it less likely that the U.S. central bank will raise interest rates in the coming months.

Benchmark 10-year notes US10YT=RR fell 6/32 in price to yield 1.725 percent, up from a two-month low of 1.697 percent on Friday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold edged up to a two-week high and then retraced some gains on Friday, holding steady after Federal Reserve chair Janet Yellen said she still expected gradual U.S. rate increases.

Spot gold XAU= was up 0.02 percent at $1,244.31 an ounce at 1:53 p.m. EDT (1753 GMT), after rising to its highest since May 24 at $1,248.40 an ounce.

U.S. gold futures GCv1 for August delivery settled up 0.4 percent at $1,247.40 an ounce.

For a full report, double click on GOL/

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BASE METALS

LONDON - Zinc prices climbed on Monday to a new 10-month peak on persistent concerns about declining supplies while copper rose to the highest in four weeks after the dollar slid.

Three month zinc CMZN3 on the London Metal Exchange closed up 1.7 percent at $2,026 a tonne, the strongest since July 22 last year, after a rise of 0.5 percent on Friday.

LME copper CMCU3 ended unchanged at $4,688 a tonne, having earlier touched $4,748 which was the strongest since May 12. Prices rose 1.7 percent on Friday.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices rose on Monday as Nigeria's oil industry reeled from crippling attacks and traders cited data pointing to fresh draws in U.S. stockpiles, but crude futures pared gains after remarks from Federal Reserve Chair Janet Yellen fed expectations that U.S. interest rates could rise this year.

Brent crude futures LCOc1 were up 68 cents, or 1.3 percent, at $50.32 a barrel by 1:22 p.m. EDT (1722 GMT). Earlier in the session, it hit $50.83, its highest since November.

U.S. crude futures CLc1 rose 80 cents, or 1.6 percent, to $49.42, after an intraday high at $49.90.

For a full report, double click on O/R

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