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

Published 24/08/2016, 07:44 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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PSN
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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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DXY
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(Updates prices, table) ---------------------------------------------------------------- Snapshot at: 07:42 / 2142 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,515.06 -11.63 NZSX 50

7,462.16 +56.90 DJIA

18,547.30 +17.88 Nikkei

0.00 +0.00 NASDAQ

5,260.08 +15.48 FTSE

6,868.51 +39.97 S&P 500

2,186.90 +4.26 Hang Seng

22,998.93 +1.02 SPI 200 Fut

5,533.00 +18.00 STI

2,850.43 +9.24 SSEC

3,090.63 +5.83 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

1.900 -0.007 US 10 YR Bond

1.546 +0.007 NZ 10 YR Bond

2.275 -0.030 US 30 YR Bond

2.229 -0.006 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7615 0.7640 NZD US$

0.7291 0.7322 EUR US$

1.1302 1.1332 Yen US$

100.25 100.08 ---------------------------------------------------------------- Commodities Gold (Lon)

1,342.00

Silver (Lon)

18.78 Gold (NY)

1,338.27

Light Crude

48.10 TRJCRB Index

188.38 +1.29 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks rose modestly on Tuesday, as gains in the tech sector helped buoy the Nasdaq to a record intraday high and solid housing market data provided more evidence the economy may be picking up momentum.

The Dow Jones industrial average .DJI rose 17.88 points, or 0.1 percent, to 18,547.3, the S&P 500 .SPX gained 4.26 points, or 0.2 percent, to 2,186.9 and the Nasdaq Composite .IXIC added 15.48 points, or 0.3 percent, to 5,260.08.

For a full report, double click on .N

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LONDON - Britain's leading share index rose on Tuesday, helped by a rise in housebuilders after strong results from Persimmon (LON:PSN) PSN.L suggested that the sector was coping with the uncertainty from Britain's vote to leave the European Union.

Persimmon rose 4.2 percent, the biggest riser on the blue-chip FTSE 100 .FTSE , closing at its highest level since the UK voted to leave the European Union.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average slipped on Tuesday, pressured by a stronger yen and slumping oil prices, and trading was thin as investors awaited a Federal Reserve gathering later this week in Jackson Hole, Wyoming.

The Nikkei stock index .N225 was down 0.6 percent at 16,497.36.

For a full report, double click on .T

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SYDNEY - Australian shares are poised to edge higher on Wednesday as a stronger Wall Street pushed the index towards a three-week high.

Local share price index futures YAPcm1 rose 0.3 percent to 5,533 points, a 0.7-point discount to the underlying benchmark. The benchmark rose 0.7 percent on Tuesday as the index hit a three-week high.

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FOREIGN EXCHANGE

NEW YORK - The dollar slid against the yen on Tuesday, as investors shifted their focus away from hawkish remarks on U.S. interest rates by Federal Reserve officials and toward a speech on Friday by Fed Chair Janet Yellen.

The dollar briefly slipped below 100 yen JPY= earlier before recovering to 100.21 yen late Tuesday, down 0.1 percent.

The dollar, having hit a five-day high of 94.958 .DXY against a currency basket on Monday, was flat at 94.533 late in the day.

For a full report, double click on USD/

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TREASURIES

NEW YORK - The long-dated yield curve flattened to the lowest in one-and-a-half years on Tuesday as investors focused on whether Federal Reserve Chair Janet Yellen will adopt a more hawkish tone in a speech on Friday.

The yield curve between five-year notes and 30-year bonds US5US30=TWEB flattened as low as 108.50 basis points on Tuesday, the flattest since March 2015, before ending the day at 109.10 basis points.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold edged higher on Tuesday as markets shifted focus from hawkish comments by a Federal Reserve official at the weekend to a meeting of global central bankers this week, awaiting further guidance on U.S. interest rates.

Spot gold XAU= rose 0.3 percent to $1,342.06 an ounce by 1437 GMT, having hit a two-week low of $1,331.35 in the previous session. U.S. gold GCcv1 was flat at $1,344.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper prices slipped to six-week lows on Tuesday on market jitters over the timing of U.S. interest rate rises, dollar direction and strength of demand in top consumer China.

Benchmark copper CMCU3 on the London Metal Exchange ended down 0.8 percent at $4,710 a tonne, from an earlier $4,701.5, its lowest since July 11.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices rose on Tuesday after Reuters reported Iran was sending positive signals that it may support joint OPEC action to prop up the market, before the market pared gains on trade data showing a surprise build in U.S. crude stocks.

Brent crude LCOc1 settled up 80 cents, or 1.6 percent, at $49.96 a barrel, while U.S. West Texas Intermediate (WTI) crude CLc1 rose 69 cents, or 1.5 percent, to close at $48.10.

For a full report, double click on O/R

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