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

Published 11/11/2016, 07:30 am
Updated 11/11/2016, 07:40 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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AAPL
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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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DXY
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SPSY
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(Updates with fresh numbers throughout, adds Sydney pre-open)

SYDNEY, Nov 11 - - --------------------------------------------------------------- Snapshot at: 07:04 / 2004 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,328.84 +172.28 NZSX 50

6,733.72 +69.51 DJIA

18,867.30 +277.61 Nikkei

17,344.42 ******* NASDAQ

5,233.55 -17.52 FTSE

6,827.98 -83.86 S&P 500

2,174.83 +11.57 Hang Seng

22,839.11 +423.92 SPI 200 Fut

5,341.00 +1.00 STI

2,834.09 +44.21 SSEC

3,170.92 +42.55 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.553 +0.044 US 10 YR Bond

2.119 +0.055 NZ 10 YR Bond

2.965 -0.010 US 30 YR Bond

2.929 +0.048 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7614 0.7676 NZD US$

0.7208 0.7260 EUR US$

1.0888 1.0942 Yen US$

106.85 105.25 ---------------------------------------------------------------- Commodities Gold (Lon)

1,267.50

Silver (Lon)

18.60 Gold (NY)

1,277.80

Light Crude

44.56 TRJCRB Index

183.33 -0.65 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Bank stocks and industrials surged on Thursday while Apple (NASDAQ:AAPL) and other technology shares sank as Wall Street rearranged its bets to benefit from Donald Trump's presidency.

The S&P 500 financial sector .SPSY surged 4 percent to its highest level since the 2008 financial crisis, bringing its gain since Trump's surprise victory in Tuesday's election to 8.1 percent. That put it on track for its biggest two-day gain since 2011.

At 2:28 pm ET, the Dow Jones industrial average .DJI was up 1.39 percent at 18,847.8 points and the S&P 500 .SPX had gained 0.49 percent to 2,173.84. The Nasdaq Composite .IXIC dropped 0.43 percent to 5,228.41.

For a full report, double click on .N

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LONDON - Britain's top share index fell on Thursday in choppy trade as gold miners and defensive stocks slipped amid expectations of a big U.S. economic stimulus based on President-elect Donald Trump's pledges of tax cuts and infrastructure spending.

Britain's FTSE 100 .FTSE fell 1.2 percent, breaking a three-day climb and retreating from its highest level since late October.

For a full report, double click on .L

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TOKYO - Japanese stocks soared on Thursday and posted their biggest gain in nine months in a turnaround just as dramatic as the previous day's plunge, as markets reassessed the economic implications of Republican Donald Trump's shock U.S. presidential election victory.

The Nikkei share average .N225 ended 6.7 percent higher to 17,344.42, posting the biggest daily percentage gain since mid-February. It more than recouped the 5.4 percent loss on Wednesday in its biggest daily drop since Brexit in June.

For a full report, double click on .T

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SYDNEY - Australian shares are set to open slightly lower on Friday, after falls in the gold and oil prices.

Local share price index futures fell 0.1 percent to 5,337.0, a 9.16-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose over 3 percent on Thursday, the best gains in five years, as investors absorbed Republican Donald Trump's shock win in the U.S. presidential election.

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FOREIGN EXCHANGE

NEW YORK - The dollar climbed to a 3-1/2-month high against the yen on Thursday as markets weighed the election of businessman Donald Trump for U.S. president and how his policies could affect economic growth.

The greenback rose by more than 1 percent on the day to 106.94 yen for the first time since July JPY= . The dollar .DXY also rose substantially against a basket of major world currencies, touching its highest level in more than two weeks and hovering just below levels last seen in early February.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields rose on Thursday, extending steep gains in the previous session, as investors continued to price in higher interest rates under an incoming Republican administration that is expected to increase spending seen as inflationary.

In early afternoon trading, benchmark 10-year notes US10YT=RR were last down 10/32 in price, yielding 2.100 percent, up from 2.064 percent late on Wednesday. The yields rose as high as 2.125 percent, the highest since January.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold fell 1 percent on Thursday after the dollar rose to a 3-1/2 month high against the yen, as markets weighed the election of Donald Trump as U.S. president and how his policies could affect economic growth.

Spot gold XAU= was down 0.85 at $1,266.99 per ounce at 1611 GMT, after touching $1,262.96, its lowest since Oct 28. U.S. gold futures GCcv1 fell 0.5 percent to $1,267.00 per ounce.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper surged more than 5 percent to a 16-month high on Thursday as speculation that U.S. infrastructure spending could jump under a Republican administration unleashed a wave of interest in industrial metals.

London Metal Exchange copper CMCU3 hit a peak of $5,714 a tonne on Thursday, its highest since July 2015, and closed up 3.5 percent at $5,601 a tonne, extending Wednesday's 3.4 percent rise.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices slipped on Thursday as markets recovered from shock at U.S. President-elect Donald Trump's surprise victory and focused on global oversupply as well whether OPEC will decide to cut production later this month.

Brent crude LCOc1 fell 29 cents at $46.07 a barrel by 1:23 p.m. (1823 GMT). U.S. West Texas Intermediate crude Clc1 was down 34 cents at $44.93.

For a full report, double click on O/R

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