📈 69% of S&P 500 stocks beating the index - a historic record! Pick the best ones with AI.See top stocks

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

Published 31/08/2015, 07:23 am
© Reuters.  UPDATE 1-New Zealand/Australia Morning Call-Global markets
UK100
-
XAU/USD
-
US500
-
DJI
-
AXJO
-
JP225
-
HK50
-
DX
-
HG
-
LCO
-
IXIC
-
US2YT=X
-
US10YT=X
-
DXY
-

(Add Australian stock market trend) Snapshot at: 07:21 / 2121 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,233.32 +30.24 NZSX 50

5,670.48 +35.54 DJIA

16,643.01 -11.76 Nikkei

18,574.44 +561.88 NASDAQ

4,828.33 +15.62 FTSE

6,247.94 +55.91 S&P 500

1,988.87 +1.21 Hang Seng

21,612.39 -226.15 SPI 200 Fut

5,246.00 +12.00 FTSTI

2,955.94 +10.51 SSEC

3,234.61 +151.02 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.736 +0.001 US 10 YR Bond

2.184 +0.000 NZ 10 YR Bond

3.275 -0.010 US 30 YR Bond

2.910 +0.000 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7153 0.7166 NZD US$

0.6452 0.6462 EUR US$

1.1170 1.1263 Yen US$

121.63 121.04 ---------------------------------------------------------------- Commodities Gold (Lon)

1,135.00

Silver (Lon)

14.59 Gold (NY)

1,133.56

Light Crude

45.22 TRJCRB Index

197.10 +4.47 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - Wall Street ended near flat on Friday after comments by a top Federal Reserve official suggested that a September rate rise was more likely than some investors expected.

The Dow Jones industrial average .DJI fell 12.3 points, or 0.07 percent, to 16,642.47, the S&P 500 .SPX gained 1.14 points, or 0.06 percent, to 1,988.8 and the Nasdaq Composite .IXIC added 15.62 points, or 0.32 percent, to 4,828.33.

For a full report, double click on .N

- - - -

LONDON - Britain's top share index posted its biggest monthly drop in August since 2012 after fears over China's growth hit global markets, although it managed to recoup more losses on Friday following a volatile start to the week.

The FTSE 100 .FTSE was 55.91 points, or 0.9 percent, higher on the day at 6,247.94 after a week when it both dropped to multi-year lows and staged its biggest one-day gain in years.

For a full report, double click on .L

- - - -

TOKYO - Japanese stocks extended a rally on Friday as investors took heart from strong U.S. economic data and further gains on Wall Street, with strength in Chinese markets further helping to calm frayed nerves.

The Nikkei share average .N225 rose 3 percent to 19,136.32. The benchmark index climbed above its 200-day moving average for the first time in five days but failed to erase all the losses incurred on Monday and Tuesday, ending the week down 1.5 percent.

For a full report, double click on .T

- - - -

SYDNEY - Australian shares are set to have a cautious start on Monday, following cues from Wall Street which ended flat in the last session.

Miners and energy-related stocks, however, should prop up the index as commodities showed more signs of stabilisation following a turbulent week.

Local share price index futures YAPcm1 rose 0.2 percent to 5,246, a 17.6-point discount to the close of the underlying S&P/ASX200 index .AXJO on Friday. The benchmark, however, was on track for a 7.6 percent loss this month, the largest since 2010.

- - - -

FOREIGN EXCHANGE

NEW YORK - The dollar rose to one-week highs on Friday for a fourth straight session of gains after some Federal Reserve officials did not rule out an interest rate hike next month despite this week's market meltdown.

In late trading, the dollar index .DXY was up 0.5 percent at 96.101, having hit a one-week high of 96.324. After diving to a seven-month trough of 92.621 on Monday when global stock markets went into a tailspin, the index has rebounded 3 percent.

For a full report, double click on USD/

- - - -

TREASURIES

NEW YORK - U.S. Treasuries prices fell on Friday, with most yields posting their biggest weekly rise in nine weeks as the Federal Reserve's No. 2 official suggested a September rate increase remained a possibility in the wake of global market turbulence this week.

Benchmark 10-year Treasuries notes US10YT=RR were down 4/32 in price to yield 2.182 percent, up over 1 basis point from Thursday, while two-year notes US2YT=RR were down 2/32 in price, yielding 0.720 percent, up over 3 basis points.

For a full report, double click on US/

- - - -

COMMODITIES

GOLD

NEW YORK/LONDON - Gold rose on Friday as technical indicators and suggestions the U.S. central bank may delay a rate rise provided support, but the metal was still on track to post its biggest weekly drop in five weeks amid dollar strength and strong U.S. economic data.

Spot gold XAU= was up 0.8 percent at $1,134.26 an ounce by 1855 GMT, but still down more than 2 percent for the week.

For a full report, double click on GOL/

- - - -

BASE METALS

LONDON - Copper steadied on Friday after the stock market in China recovered for a second day, but continued worries about oversupply weighed on the market.

Benchmark copper CMCU3 on the London Metal Exchange closed barely changed, down 0.1 percent at $5,135 a tonne, after lurching up and down during the day. LME copper ended August with a monthly loss of about 2 percent ahead of Monday's UK market holiday.

For a full report, double click on MET/L

- - - -

OIL

NEW YORK - World oil prices roared back to $50 a barrel in the second day of a frenetic short-covering rally on Friday, with violence in Yemen, a storm in the Gulf and refinery outages helping extend the biggest two-day rally in six years.

Brent, the global oil benchmark LCOc1 , closed up $2.49, or 5 percent, at $50.05, after nearly reaching $51 a barrel. It gained 10 percent on the week.

U.S. crude's front-month contract snapped an eight-week losing streak, rising $2.66, or 6.3 percent, to settle at $45.22 a barrel. At its session high, it was up more than $3, or 7 percent at nearly $46. For the week, it rose 12 percent.

For a full report, double click on O/R

- - - -

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.