(Updates with fresh numbers throughout; adds Sydney stock pre-open) Snapshot at: 07:21 / 2121 GMT ---------------------------------------------------------------- Stock Markets
S&P/ASX 200
5,137.25 +135.97 NZSX 50
5,613.29 +5.98 DJIA
15,666.44 -204.91 Nikkei
17,806.70 -733.98 NASDAQ
4,506.49 -19.76 FTSE
6,081.34 +182.47 S&P 500
1,867.61 -25.60 Hang Seng
21,404.96 +153.39 SPI 200 Fut
5,080.00 -47.00 FTSTI
2,886.29 +42.90 TRJCRB Index
187.66 +1.44 SSEC
2,965.15 -244.76 ---------------------------------------------------------------- Bonds
NetChg
NetChg AU 10 YR Bond
2.630 +0.036 US 10 YR Bond
2.078 +0.080 NZ 10 YR Bond
3.210 +0.005 US 30 YR Bond
2.808 +0.089 ---------------------------------------------------------------- Currencies
1700GMT
1700GMT AUD US$
0.7124 0.7176 NZD US$
0.6467 0.6481 EUR US$
1.1517 1.1567 Yen US$
118.91 119.01 ---------------------------------------------------------------- Commodities Gold (Lon)
1,137.50
Silver (Lon)
14.69 Gold (NY)
1,154.65
Light Crude
39.64 ---------------------------------------------------------------- Overnight market action with latest New York figures.
EQUITIES
NEW YORK - A strong rally on Wall Street evaporated on Tuesday and stocks ended with deep losses as concerns about China's economy outweighed lower valuations that some saw earlier as bargains. ID:nL4N1101XE
In a dramatic trading session, major indices turned negative in the final minutes of trading after previously climbing almost 3 percent.
The Dow Jones industrial average .DJI fell 204.91 points, or 1.29 percent, to end at 15,666.44. The S&P 500 .SPX lost 25.59 points, or 1.35 percent, to finish at 1,867.62 and the Nasdaq Composite .IXIC dropped 19.76 points, or 0.44 percent, to 4,506.49.
For a full report, double click on .N
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LONDON - Britain's top share index posted its biggest one-day rise since 2011 on Tuesday after China cut interest rates to calm markets, following turbulence that has rocked equities globally.
The benchmark FTSE 100 .FTSE rose 182.47 points, or 3.1
For a full report, double click on .L
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TOKYO - Japanese stocks fell for a sixth consecutive day on Tuesday in a volatile session that saw indexes seesaw between losses and gains before retreating late in the session on worries about China's slowing economy.
The Nikkei share average .N225 ended down 4 percent at 17,806.70 points, its lowest close since Feb. 10.
The broader Topix .TOPX lost 3.3 percent to close at 1,432.65, with turnover hitting 4.924 trillion yen, about double the average and the highest level since Nov. 4.
For a full report, double click on .T
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SYDNEY - Australian shares are posied for a weak start on Wednesday following a stunning recovery in the previous session tracking U.S. shares which gave up all its early gains to finish in losses. A drop in gold prices will weigh on miners such as Newcrest NCM.AX .
Local share price index futures YAPcm1 fell 0.9 percent to 5,080, a 57.3-point discount to the underlying S&P/ASX 200 index .AXJO . On Tuesday, the benchmark climbed 2.7 percent to 5,137.3 recovering more than half of Monday's 4.1 percent drop.
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FOREIGN EXCHANGE
NEW YORK - The dollar jumped over 1 percent against a basket of major currencies on Tuesday and recovered from seven-month lows against the safe-haven yen and euro as riskier assets got a boost from an interest rate cut by the Chinese central bank.
The U.S. dollar index, which measures the greenback against a basket of six major currencies, was last up 1.25 percent at 94.505 .DXY . The dollar was last up 1.1 percent against the safe-haven yen at 119.700 yen JPY=EBS , while the euro was last down 1.6 percent against the greenback at $1.14310 EUR=EBS .
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasuries prices sagged on Tuesday as China's lowering of interest rates and required bank reserves reduced investor anxiety and sparked selling of U.S. government bonds and other safe-haven assets.
On the open market, benchmark 10-year Treasuries notes US10YT=RR fell 26/32 point in price for a yield of 2.091 percent, up 9 basis points from late Monday, while the 30-year bond US30YT=RR shed 2-4/32 points in price with its yield at 2.822 percent, up 10 basis points for its largest one-day jump in six weeks.
For a full report, double click on US/
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COMMODITIES
GOLD
NEW YORK/LONDON - Gold fell more than 1 percent on Tuesday after an interest rate cut from China helped global markets rebound from the previous day's rout, with stocks rallying and the dollar also gaining, while palladium sank more than 7 percent to a five-year low.
Spot gold XAU= was down 1.3 percent at $1,139.85 an ounce at 13:05 p.m. (1905 GMT), while U.S. gold futures GCv1 for December delivery settled down 1.3 percent at $1,138.30.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper prices rose on Tuesday after China cut its benchmark interest rates, raising hopes the move will help bolster economic growth and increase demand in the world's largest consumer of industrial metals.
Benchmark copper CMCU3 on the London Metal Exchange, which was steady before the rate cut, ended up 2.3 percent at $5,065 a tonne from $4,953 at the close on Monday, when the metal used in power and construction hit a six-year low of $4,855 a tonne.
For a full report, double click on MET/L
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OIL
NEW YORK - Oil rose more than 3 percent on Tuesday as oversold conditions brought some buyers back to the market, but a lingering supply glut and worries about the slowing economy in top commodities consumer China kept crude prices near 6-1/2-year lows.
Brent LCOc1 settled up 52 cents at $43.21 a barrel, after hitting $42.23 on Monday, its lowest since March 2009. U.S. crude CLc1 ended the session $1.07 higher at $39.31, advancing from $37.75, its lowest since February 2009 set in the previous session.
For a full report, double click on O/R
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