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

Published 24/06/2016, 07:45 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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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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(Updates with fresh numbers throughout; adds Sydney pre-open) ---------------------------------------------------------------- Snapshot at: 07:35 / 2135 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,280.68 +9.74 NZSX 50

6,821.35 +39.6 DJIA

18,011.07 +230.24 Nikkei

16,238.35 +172.63 NASDAQ

4,910.04 +76.72 FTSE

6,338.10 +76.91 S&P 500

2,113.32 +27.87 Hang Seng

20,868.34 +73.22 SPI 200 Fut

5,294.00 +60.00 STI

2,793.85 +7.72 SSEC

2,892.05 -13.50 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.335 +0.074 US 10 YR Bond

1.744 +0.057 NZ 10 YR Bond

2.675 +0.060 US 30 YR Bond

2.555 +0.057 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7606 0.7528 NZD US$

0.7233 0.7190 EUR US$

1.1378 1.1340 Yen US$

106.36 104.42 ---------------------------------------------------------------- Commodities Gold (Lon)

1,262.15

Silver (Lon)

17.27 Gold (NY)

1,265.91

Light Crude

50.11 TRJCRB Index

193.52 +1.72 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks rallied on Thursday, led by bank shares, as Wall Street bet strongly that Britain is voting to remain part of the European Union, potentially avoiding a hit to European trade and its consequences to global economic growth.

The Dow Jones industrial average .DJI rose 230.24 points, or 1.29 percent, to 18,011.07, the S&P 500 .SPX gained 27.87 points, or 1.34 percent, to 2,113.32 and the Nasdaq Composite .IXIC added 76.72 points, or 1.59 percent, to 4,910.04.

For a full report, double click on .N

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LONDON - Britain's top share index rose to a two-month high on Thursday as Britons voted on membership of the European Union.

The blue-chip FTSE 100 index .FTSE was up 1.2 percent at 6,338.10 points at its close, taking gains for the week to 5.3 percent, its biggest weekly advance since December 2011.

For a full report, double click on .L

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TOKYO - Japanese shares prices rose on Thursday as investors covered short positions ahead of Britain's referendum, which could shape both Britain's economic future and that of the wider European integration project.

The Nikkei share average rose 1.1 percent to 16,238.35, its highest level in 10 days while the broader Topix .TOPX gained 1.1 percent to 1,298.71.

For a full report, double click on .T

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SYDNEY - Australian shares are expected to gain on Friday tracking global equities as investors bet that Britain will vote to remain in the Euro Zone.

Local share price index futures YAPcm1 jumped 1.1 percent overnight to 5,294 points, swinging to a premium of 13.3 points to the underlying S&P/ASX 200 index .AXJO . The benchmark closed 0.2 percent higher on Thursday at 5,280.70.

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FOREIGN EXCHANGE

NEW YORK - The British pound rose to its highest level of 2016 on Thursday after the release of a referendum day poll showed voters in Britain had voted to stay in the European Union.

Sterling rose by around 0.75 percent to $1.4998 against the dollar, its highest since Dec. 17.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury prices fell on Thursday on growing confidence that Britain will vote to remain in the European Union.

Benchmark 10-year notes US10YT=RR fell 15/32 in price to yield 1.74 percent, up from 1.69 percent late on Wednesday.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold fell to a two-week low on Thursday as Britons voted Thursday in the referendum that has divided the nation.

Spot gold XAU= was 0.3 pct at $1,261.90 an ounce by 2:50 p.m. EDT (1850 GMT), after hitting $1,257.91, its lowest since June 9.

U.S. gold futures GCv1 settled down 0.5 percent at $1,263.10 per ounce.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper prices rose to their highest in seven weeks on Thursday helped by a lift in sentiment as markets grew more confident that Britian will remain in the European Union and by a weaker dollar.

"The EU referendum has dominated things globally," said Cantor Fitzgerald analyst Asa Bridle. "The lower dollar helps, but copper is still ranging."

Benchmark copper CMCU3 on the London Metal Exchange (LME) closed 1.7 percent higher at $4,780 a tonne. It had earlier touched $4,793, its highest since May 6.

"The EU referendum has dominated things globally," said Cantor Fitzgerald analyst Asa Bridle. "The lower dollar helps, but copper is still ranging."

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices closed 2 percent higher after a volatile session on Thursday, with investors less worried about prospects for the global economy after the last pre-vote opinion polls showed Britain was likely to remain in the European Union.

Brent crude LCOc1 settled up $1.03, or 2.1 percent, at $50.91 a barrel. U.S. crude CLc1 settled at $50.11 a barrel, up 98 cents. Both contracts shot up in the last few minutes of trading.

For a full report, double click on O/R

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