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

Published 07/07/2016, 07:19 am
Updated 07/07/2016, 07:20 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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US7YT=X
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US10YT=X
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US30YT=X
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(Updates with Australian stocks and new figures throughout)

WELLINGTON, July 7 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:03 / 2103 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,197.55 -30.45 NZSX 50

6,977.23

+6.2 DJIA

17,918.62 +78.00 Nikkei

15,378.99 -290.34 NASDAQ

4,859.16 +36.26 FTSE

6,463.59 -81.78 S&P 500

2,099.73 +11.18 Hang Seng

20,495.29 -255.43 SPI 200 Fut

5,189.00 +35.00 STI

2,864.67 -5.89 SSEC

3,017.10 +10.71 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

1.881 +0.013 US 10 YR Bond

1.372 +0.005 NZ 10 YR Bond

2.255 +0.015 US 30 YR Bond

2.142 +0.004 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7515 0.7440 NZD US$

0.7133 0.7096 EUR US$

1.1100 1.1062 Yen US$

101.30 100.97 ---------------------------------------------------------------- Commodities Gold (Lon)

1,366.25

Silver (Lon)

19.95 Gold (NY)

1,355.69

Light Crude

47.89 TRJCRB Index

189.96 +0.30 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks rose on Wednesday as the Federal Reserve was seen refraining from raising U.S. interest rates soon, even as economic data showed the world's largest economy regained speed in the second quarter.

Fed policymakers also said rate hikes should stay on hold until they have a handle on the consequences of Brexit. Since the vote, stocks have been volatile on Wall Street, while investors have driven up safe-haven assets such as gold XAU= and yields on long-term U.S. debt US30YT=RR have fallen to record lows.

The Dow Jones industrial average .DJI rose 78 points, or 0.44 percent, to 17,918.62, the S&P 500 .SPX gained 11.18 points, or 0.54 percent, to 2,099.73 and the Nasdaq Composite .IXIC added 36.26 points, or 0.75 percent, to 4,859.16.

For a full report, double click on .N

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LONDON - Britain's top share index was led lower on Wednesday by retail and property-related stocks, which extended losses made after Britons voted to leave the European Union, and by a decline in energy stocks as oil prices slipped.

The FTSE 100 .FTSE closed down 1.3 percent, a decline limited by a rally in precious metal miners shares as safe-haven gold hit a two-year peak.

For a full report, double click on .L

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TOKYO - Japanese stocks fell to more than one-week lows on Wednesday as renewed Brexit worries heightened uncertainty about the global economy and took a toll on exporters and financial stocks.

The Nikkei share average .N225 tumbled 1.9 percent to 15,378.99, the lowest closing level since June 28.

For a full report, double click on .T

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SYDNEY - Australian shares are seen flat, or slightly lower on Thursday, as fears over instability in the European Union capped a recent rally on the local bourse.

Stock index futures YAPcm1 fell 0.7 percent to 5,189 points, a discount of 0.2 percent to the underlying S&P/ASX 200 index .AXJO . The benchmark closed down 0.58 percent at 5,197.5 points on Wednesday, after hitting a one-week low.

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FOREIGN EXCHANGE

NEW YORK - The safe-haven yen rose on Wednesday, while sterling plummeted to a 31-year low on mounting worries about the broader impact that Britain's vote to leave the European Union would have on the global economy.

The yen soared to a 3-1/2 year high against the British pound, and climbed to two-week peaks versus the dollar and euro.

Sterling fell below $1.28 against the dollar for the first time since 1985 on fears of foreign outflows and interest rate cuts by the Bank of England following the vote to leave the EU in the June referendum. It recovered from those lows, but was still down 0.9 percent, at $1.2939. GBP/

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. benchmark and long-dated Treasury yields finished slightly higher on Wednesday on profit taking after hitting record lows during the session on global growth concerns stemming from Britain's recent vote to exit from the European Union.

Benchmark 10-year U.S. Treasury yields US10YT=RR hit 1.321 percent at 5:08 a.m. EDT, while 30-year Treasury yields US30YT=RR hit 2.098 percent at 7:59 a.m. EDT. Those were unprecedented lows for both, while seven-year Treasury yields US7YT=RR hit 1.146 percent, their lowest level in more than three years.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold pared gains after rising to the highest in more than two years on Wednesday, as U.S. equities reversed early losses, Treasury yields turned higher after hitting record lows and investors bought bullion as a haven from risk.

Spot gold XAU= was up 0.6 pct at $1,363.36 an ounce by 2:59 p.m. EDT (1859 GMT) after reaching a peak of $1,374.91, its highest since March 2014.

U.S. gold futures GCv1 for August delivery settled up $8.4, or 0.6 percent, at $1,367.10 per ounce.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper slid to a one-week low on Wednesday after an influx of inventories into warehouses, while nickel rebounded on persistent concern about shortages.

Three-month LME copper CMCU3 closed down 1.4 percent at $4,750 a tonne, the third straight decline after a 1.5 percent fall in the previous session.

LME nickel CMNI3 closed up 2.7 percent at $9,970 a tonne, paring some its 4.8 percent losses from Tuesday.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices rose almost 2 percent on Wednesday as robust U.S. economic data lifted crude futures from two days of declines, although a gasoline glut and woes from Britain's European Union exit suggested more pressure ahead.

Brent crude settled LCOc1 up 84 cents, or 1.8 percent, at $48.80 a barrel. U.S. crude futures CLc1 gained 83 cents, or 1.8 percent, to settle at $47.43.

For a full report, double click on O/R

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