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

Published 15/11/2016, 07:46 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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DX
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GC
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HG
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LCO
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CL
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US2YT=X
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US10YT=X
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US30YT=X
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DXY
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---------------------------------------------------------------- Snapshot at: 07:43 / 2043 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,345.73 -25.03 NZSX 50

6,737.7 +39.98 DJIA

18,846.26 -1.40 Nikkei

17,672.62 +297.83 NASDAQ

5,212.47 -24.64 FTSE

6,753.18 +22.75 S&P 500

2,162.32 -2.13 Hang Seng

22,222.22 -308.87 SPI 200 Fut

5,334.00 -17.00 STI

2,787.27 -27.33 SSEC

3,210.10 +14.06 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.709 +0.049 US 10 YR Bond

2.237 +0.119 NZ 10 YR Bond

3.190 +0.060 US 30 YR Bond

2.999 +0.086 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7545 0.7543 NZD US$

0.7093 0.7081 EUR US$

1.0735 1.0788 Yen US$

108.38 107.53 ---------------------------------------------------------------- Commodities Gold (Lon)

1,213.60

Silver (Lon)

16.87 Gold (NY)

1,225.72

Light Crude

43.48 TRJCRB Index

180.26 -0.49 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks turned positive and the tech-heavy Nasdaq pared losses in late trading, while financial stocks rose steeply as investors bet on higher interest rates.

The Dow Jones industrial average .DJI , which capped off its best week in five years on Friday, hit a another record high just after the start of trading but soon lost those gains.

For a full report, double click on .N

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LONDON - Britain's top share index closed higher on Monday following a rally in banking and mining stocks, although a slump in utilities kept a lid on broader market gains.

The blue-chip FTSE 100 index .FTSE closed up 0.34 percent at 6,753.18 points after earlier rising as high as 6,814.19.

For a full report, double click on .L

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TOKYO - Japanese shares rose on Monday as a weak yen bolstered exporter shares, with the Nikkei .N225 rising 1.7 percent to 17,672.62, the highest closing level since Feb 2.

For a full report, double click on .T

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SYDNEY - Australian shares are set to open steady on Tuesday tracking Wall Street, with mining stocks set to climb on hopes of rising infrastructure spending in China and the United States underpinning copper and iron ore prices.

Local share price index futures slipped 0.2 percent to 5,340.0, a 5.7-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.5 percent on Monday.

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FOREIGN EXCHANGE

NEW YORK - The dollar rose to an 11-month high against a basket of major currencies on Monday, in step with a jump in U.S. bond yields as traders bet fiscal and trade policies under a Donald Trump administration would stoke inflation.

The dollar index .DXY was 1.1 percent higher at 100.10 after touching 100.22 earlier on Monday, its highest since Dec. 3, 2015.

For a full report, double click on USD/

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TREASURIES

NEW YORK - - The bond market sell-off resumed on Monday on the heels of the worst week for U.S. Treasuries in more than seven years on growing worries that inflation will become a resurgent force under the policies of President-elect Donald Trump.

The yield on the 30-year Treasury bond US30YT=RR , the security most sensitive to inflation expectations, shot above 3 percent for the first time since January. The gap between the yields on 10-year US10YT=RR and 2-year US2YT=RR notes rose from 1.21 percent at the end of last week to 1.26 percent, its widest since December.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold fell for the third straight session on Monday, reaching a 5-1/2-month low as the dollar and Treasury yields strengthened on expectations that President-elect Donald Trump will boost U.S. spending.

Spot gold XAU= hit its lowest since June 3 at $1,211.08 an ounce and was down 0.6 percent at $1,218.92 an ounce by 2:32 p.m. EST (1932 GMT). It was on track for its biggest three-day drop since July 2015.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper built on last week's double-digit percentage gains on Monday after infrastructure spending in top metals consumer China came in ahead of expectations though some analysts said the rally looked overdone.

Benchmark copper CMCU3 closed 0.4 percent higher at $5,569 a tonne after recording its best week since 2011 with an 11.2 percent gain, a rally that was also buoyed by U.S. President-elect Donald Trump's promises of infrastructure spending.

For a full report, double click on MET/L

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OIL

NEW YORK - Oil prices were largely steady on Monday, rebounding from three-month lows, on a report saying that OPEC members were seeking to resolve their differences on a deal to cut production ahead of a meeting later this month.

Brent crude futures LCOc1 settled at $44.43 per barrel, down 0.72 percent, after falling to as low as $43.57. U.S. crude CLc1 ended the session down 0.2 percent at $43.32, after hitting a low of $42.20. Both benchmarks' session lows were the weakest since Aug. 11.

For a full report, double click on O/R

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