March 1 (Reuters) - Stock Markets
Net Chng
Stock Markets
Net Chng S&P/ASX 200** 6,016
-40.9
NZX 50**
8,353.090
-20.730 DJIA**
25,029.20
-380.83
NIKKEI**
22,068.24
-321.62 Nasdaq**
7,273.009
-57.345
FTSE**
7,231.91
-50.54 S&P 500**
2,713.83
-30.45
Hang Seng**
30,844.72
-423.94 SPI 200 Fut
5,962
-39.00
STI**
3,517.94
-22.45 SSEC**
3,259.4959
-32.57
KOSPI**
2,427.36
-28.78 ---------------------------------------------------------------------------------------- Bonds
Net Chng
Bonds
Net Chng JP 10 YR Bond 0.049
0.002
KR 10 YR Bond
2.736
0.007 AU 10 YR Bond 2.779
-0.011
US 10 YR Bond
2.866
-0.042 NZ 10 YR Bond 2.97
0
US 30 YR Bond
3.1267
-0.048 ----------------------------------------------------------------------------------------
Currencies
Net Chng
Net Chng SGD US$
1.3246
0.0004
KRW US$
1,082.93
2.48 AUD US$
0.7765
-0.0025
NZD US$
0.7208
-0.0026 EUR US$
1.22
-0.0031
Yen US$
106.64
-0.67 THB US$
31.38
0.04
PHP US$
52.049
-0.04 IDR US$
13,740
70
INR US$
65.2
0.29 MYR US$
3.915
0.009
TWD US$
29.23
-0.005 CNY US$
6.324
0.007
HKD US$
7.8258
-0.0015 ----------------------------------------------------------------------------------------
Commodities
Net Chng
Net Chng Spot Gold
1,317.65
-0.49
Silver (Lon)
16.36
-0.06 U.S. Gold Fut 1,319
0.4
Brent Crude
65.76
-0.87 Iron Ore
CNY547
4
TRJCRB Index
-
- TOCOM Rubber
JPY194.3
0.5
LME Copper
6,936.5
-84.5 -----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 2051 GMT
EQUITIES
GLOBAL - The dollar rose to five-week highs on Wednesday on the prospect of tightermonetary policy and an upbeat U.S. economic outlook from the Federal Reserve's newchief, while global equity markets slid on declines in Celgene Corp (NASDAQ:CELG) and China'sTencent.
World stocks were set to snap a record 15-month winning streak, pulled lower byChinese conglomerate Tencent Holdings 0700.HK because of its large stake inSingapore-based Sea Ltd SE.N , an online gaming and e-commerce firm, and Celgene.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - U.S. stocks sold off late to end sharply lower on Wednesday, draggeddown by worries over higher interest rates, and the Dow and S&P 500 capped their worstmonths since January 2016.
The Dow Jones Industrial Average .DJI fell 382.07 points, or 1.5 percent, to25,027.96, the S&P 500 .SPX lost 30.48 points, or 1.11 percent, to 2,713.8 and theNasdaq Composite .IXIC dropped 57.35 points, or 0.78 percent, to 7,273.01.
For a full report, click on .N
- - - -
LONDON - European shares fell on Wednesday as a batch of corporate results failedto offset concerns that U.S. interest rates could rise faster than expected.
The pan-European STOXX 600 .STOXX index fell 0.7 percent, with most bourses andsectors losing ground.
For a full report, click on .EU - - - -
TOKYO - Japan's Nikkei share average fell on Wednesday, snapping a three-daywinning streak, pressured by losses on Wall Street and a larger-than-expected fall inJapanese industrial output.
The Bank of Japan's decision to trim purchases of super long bonds also souredsentiment by boosting the yen.
The Nikkei .N225 ended 1.4 percent lower at 22,068.24 points.For a full report, click on .T - - - -
SHANGHAI - China stocks extended losses on Wednesday, with the benchmark Shanghaiindex recording its worst month since early 2016, as weak factory data rekindledworries about the country's economic health amid fears of faster rate hikes in theUnited States.
For the month, Shanghai Composite Index .SSEC dropped 6.4 percent, its worstmonthly fall since January 2016, while CSI300 lost 5.9 percent, its biggest monthlyslide since late 2016.
For a full report, click on .SS - - - -
AUSTRALIA - Australian shares are expected to extend losses and open lower onThursday following a decline in energy prices that took U.S. stocks lower.
The local share price index futures YAPcm1 fell 45 points, or 0.8 percent, to5,956, a 60-point discount to the underlying S&P/ASX 200 index .AXJO close. Thebenchmark finished the previous session down 0.7 percent.
For a full report, click on .AX - - - -
SEOUL - South Korea's KOSPI stock index .KS11 and won both fell more than 1percent on Wednesday as new Federal Reserve Chair Jerome Powell's comments stokedmarket fears of faster U.S. rate rises, hurting investment sentiment on riskier assets.
At 06:32 GMT, the KOSPI was down 28.78 points, or 1.17 percent, at 2,427.36. Theindex lost 5.4 percent in February, its biggest monthly loss since June 2013.
For a full report, click on KRW/ - - - -
FOREIGN EXCHANGE
NEW YORK - The dollar rose to five-week highs on Wednesday, bolstered by an upbeatassessment of the U.S. economy from the Federal Reserve's new chairman, which raisedexpectations the central bank could aggressively increase interest rates over the nexttwo years.
In late trading, the dollar index rose 0.3 percent to 90.657 .DXY , after earliernotching a five-week peak.
For a full report, click on USD/ - - - -
SHANGHAI - China's yuan weakened against the U.S. dollar on Wednesday, reflectinghow the greenback gained support from Federal Reserve Chairman Jerome Powell's hawkishtone that increased bets the United States could have four interest rate hikes thisyear.
In the spot market, the onshore yuan CNY=CFXS opened at 6.3284 per dollar and waschanging hands at 6.3290 at midday, 120 pips weaker than the previous late sessionclose.
For a full report, click on CNY/ - - - -
AUSTRALIA - The Australian and New Zealand dollars were stuck at two-week lows onWednesday after markets priced in the risk of faster rate hikes in the United States,sending Treasury yields and the U.S. currency higher.
The Aussie dollar AUD=D4 was steady for the moment at $0.7791, having shed 0.8percent overnight. The lapse threatened its February trough at $0.7759 where a breakwould return it to territory last trod in December.
For a full report, click on AUD/ - - - -
SEOUL - South Korea's won faltered against the U.S. dollar on Wednesday.
The won was quoted at 1,082.8 per dollar on the onshore settlement platformKRW=KFTC, 1.06 percent weaker than its previous close at 1,071.3. The currency fell 1.4percent on a monthly basis.
For a full report, click on KRW/ - - - -
TREASURIES
NEW YORK - The spread between short- and longer-dated U.S. Treasury yields shrankfurther on Wednesday after Federal Reserve Chairman Jerome Powell's optimistic outlookon the economy raised bets the U.S. central bank may raise interest rates faster.
The spread between five-year and 30-year yields US5US30=TWEB was 48.05 basispoints, tighter than 49.85 basis points late on Tuesday, Tradeweb data showed.
The two-year Treasury yield US2YT=RR , which is sensitive to traders' view on Fedpolicy, hit 2.286 percent, the highest since September 2008. It was last 2.262 percent,down a tad from Tuesday.
For a full report, click on US/ - - - -
LONDON - Euro zone bond yields dropped across the board on Wednesday as inflationin the bloc slowed, potentially complicating the European Central Bank's plan to removemonetary stimulus and move towards raising rates.
The yield on Germany's 10-year government bond DE10YT=RR , the benchmark for thebloc, was lower 2 basis points to 0.66 percent, well off the recent multi-year high of0.81 percent. It is set for its first monthly fall since October, down 3 basis points.
For a full report, click on GVD/EUR - - - -
TOKYO - Japanese government bond prices edged lower on Wednesday as the market wasweighed down following a retreat by U.S. Treasuries.
The two-year yield JP2YTN=JBTC rose 0.5 basis point to minus 0.160 percent andthe benchmark 10-year yield JP10YTN=JBTC climbed 0.5 basis point to 0.045 percent.
For a full report, click on JP/
COMMODITIES
GOLD
Gold prices steadied on Wednesday after the previous session's more than 1 percentfall following comments by the Federal Reserve's new chairman that fueled views theU.S. central bank would raise rates four times this year rather than three.
Spot gold XAU= was flat at $1,317.94 per ounce by 1:34 p.m. EST (1834 GMT) andwas poised to close February down 2 percent.
U.S. gold futures GCcv1 settled down 70 cents or 0.1 percent, at $1,317.90 perounce.
For a full report, click on GOL/ - - - -
IRON ORE
Chinese steel futures rose for a fourth session on Thursday to hold near theirhighest in almost three months, but weak demand curbed gains.
The most active rebar on the Shanghai Futures Exchange SRBcv1 was 0.15 percenthigher at 4,020 yuan ($635.37) a tonne. It hit an intraday high of 4,047 yuan onMonday, its highest since Dec. 5.
Iron ore on the Dalian Commodity Exchange DCIOcv1 dropped 0.55 percent to 543yuan a tonne.
For a full report, click on IRONORE/ - - - -
BASE METALS
Copper prices sank to their lowest in over two weeks on Wednesday as the dollaradvanced on prospects of higher interest rates and growth in China's manufacturingsector slowed in February.
Benchmark copper on the London Metal Exchange CMCU3 fell 1.3 percent to $6,932per tonne, its lowest since Feb. 13.
For a full report, click on MET/L - - - -
OIL
Oil prices pared losses on Wednesday, after data showing a build in U.S. crudeinventories was tempered somewhat by a drop in U.S. crude production in December.
U.S. West Texas Intermediate crude CLc1 fell 29 cents to $62.72 a barrel, a 0.5percent decline, as of 1:03 p.m. EST (18:03 GMT). Brent crude futures LCOv1 for themost active May contract were down 56 cents at $66.07 a barrel.
For a full report, click on O/R - - - -
PALM OIL
Malaysian palm oil futures rose to a seven-week high in trade on Wednesday evening,extending gains into a fourth session, on support from a weaker ringgit MYR= .
Weakness in the ringgit, palm's currency of trade, usually makes the tropical oilcheaper for foreign buyers. The Malaysian currency fell 0.2 percent against the dollarto 3.9150 on Wednesday evening, after hitting to its weakest in two weeks earlier inthe day.
The benchmark palm oil contract for May delivery 1FCPOc3 on the Bursa MalaysiaDerivatives Exchange was up 0.7 percent at 2,559 ringgit ($653.64) a tonne at the closeof trade.
For a full report, click on POI/ - - - -
RUBBER
Benchmark Tokyo rubber futures ended flat on Wednesday as buying following gains inShanghai futures were offset by selling due to weaker oil prices and a stronger yen,dealers said.
The Tokyo Commodity Exchange (TOCOM) rubber contract for August delivery JRUc6 , 0#2JRU: finished unchanged at 193.8 yen ($1.8) per kg.
For a full report, click on RUB/T - - - - (Bengaluru Bureau; +91 80 6749 1130)