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

Published 22/07/2016, 07:43 am
© Reuters.  UPDATE 1-New Zealand/Australia Morning Call-Global markets
USD/JPY
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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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JP225
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HK50
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INTC
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EZJ
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GC
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LCO
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ICAG
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IXIC
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US2YT=X
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US30YT=X
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(Add Australian stock market trend) ---------------------------------------------------------------- Snapshot at: 07:39 / 2139 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,512.40 +23.67 NZSX 50

7,214.1 +41.4 DJIA

18,517.23 -77.80 Nikkei

16,810.22 +128.33 NASDAQ

5,073.90 -16.03 FTSE

6,699.89 -29.10 S&P 500

2,165.17 -7.85 Hang Seng

22,000.49 +118.01 SPI 200 Fut

5,451.00 -32.00 STI

2,940.48 -5.26 SSEC

3,039.19 +11.29 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

1.925 -0.004 US 10 YR Bond

1.556 -0.024 NZ 10 YR Bond

2.270 +0.000 US 30 YR Bond

2.290 -0.006 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7489 0.7489 NZD US$

0.6994 0.6973 EUR US$

1.1021 1.1036 Yen US$

105.93 107.20 ---------------------------------------------------------------- Commodities Gold (Lon)

1,321.15

Silver (Lon)

19.76 Gold (NY)

1,315.51

Light Crude

44.54 TRJCRB Index

183.67 -1.42 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street cooled off on Thursday as disappointing quarterly reports from tech stalwart Intel (NASDAQ:INTC) and from transportation companies stalled momentum in a U.S. corporate earnings season that has been better than feared.

The S&P 500 and Dow industrials pulled back from record highs and the Dow snapped a nine-session streak of gains.

The Dow Jones industrial average .DJI fell 77.8 points, or 0.42 percent, to 18,517.23, the S&P 500 .SPX lost 7.85 points, or 0.36 percent, to 2,165.17 and the Nasdaq Composite .IXIC dropped 16.03 points, or 0.31 percent, to 5,073.90.

For a full report, double click on .N

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LONDON - Britain's top share index slipped on Thursday after four straight days of gains, with airline stocks falling sharply after industry bellwethers easyJet (LON:EZJ) and Lufthansa warned of slower bookings and a worsening outlook.

Airline stocks, including a 3.6 percent drop in British Airways owner IAG ICAG.L , dragged the blue-chip FTSE 100 share index .FTSE to close 0.4 percent lower at 6,699.89 points.

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For a full report, double click on .L

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TOKYO - Japan's Nikkei share average rose to a six-week high on Thursday buoyed by gains on Wall Street and a weaker yen, and fresh expectations of large stimulus measures from the government lifted risk appetite.

The Nikkei .N225 rose 0.8 percent to 16,810.22, the highest closing level since June 8.

For a full report, double click on .T

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SYDNEY - Australian shares are expected to tread water on Friday after Wall Street pulled back from record levels.

Local share price index futures YAPcm1 fell 0.6 percent to 5,451 points, a 61.4-point discount to the close of the underlying S&P/ASX 200 index .AXJO on Thursday. The benchmark climbed to a near one-year high in the last session, having added 1.5 percent so far this week.

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FOREIGN EXCHANGE

NEW YORK - The dollar slipped from a six-week high against the yen on Thursday after Bank of Japan chief Haruhiko Kuroda said the bank saw no need to stimulate the economy with "helicopter money."

Investors had been betting on an aggressive round of stimulus from next week's BOJ meeting. Kuroda played down the idea of injecting cash directly to businesses and consumers, leading to a yen JPY= surge as strong as 105.41 yen per dollar before settling around 106.42, 0.4 percent up on the day.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury long-dated debt yields rose on Thursday, boosted by generally upbeat U.S. economic data as well as remarks by the European Central Bank's president that downplayed the impact of Britain's move to exit the European Union.

U.S. 30-year bond prices US30YT=RR fell more than a point in price to yield 2.352 percent, down from 2.296 percent late on Wednesday. The bond touched a three-week peak of 2.360 percent earlier in the session.

U.S. two-year notes US2YT=RR were little changed, yielding 0.722 percent.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold rebounded above a three-week low and rose 1 percent on Thursday, as the dollar fell and the key stock indexes hovered below record highs after the European Central Bank left key interest rates unchanged.

Spot gold XAU= gained 1.1 percent at $1,329.90 an ounce by 2:14 p.m. EDT (1814 GMT), after touching $1,310.56, its lowest since June 28.

For a full report, double click on GOL/

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BASE METALS

LONDON - Nickel hit a 10-month peak on Thursday and zinc touched its highest in 14 months as speculators kept buying, but analysts cautioned that rallies are vulnerable to corrections.

Benchmark nickel CMNI3 on the London Metal Exchange (LME) surged to a peak of $10,900 a tonne, its strongest since Aug. 11 last year, and closed with a 1.7 percent gain at $10,760.

LME zinc CMZN3 finished 0.4 percent up at $2,254 a tonne after touching $2,294.50, the highest since May 18 last year.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices fell 2 percent on Thursday, as the market took a closer look at U.S. government data that showed growing inventories of gasoline and other oil products pushed total petroleum supplies in the No. 1 oil consumer to record highs.

Brent crude LCOc1 closed 97 cents, or 2.1 percent, lower at $46.20 a barrel.

U.S. West Texas Intermediate (WTI) crude settled down $1, or 2.2 percent, at $44.75.

For a full report, double click on O/R

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