🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

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

Published 11/12/2015, 07:33 am
Updated 11/12/2015, 07:40 am
© Reuters.  UPDATE 1-New Zealand/Australia Morning Call-Global markets
EUR/USD
-
USD/JPY
-
UK100
-
XAU/USD
-
US500
-
DJI
-
AXJO
-
JP225
-
HK50
-
OMU
-
FRAS
-
HMC
-
DX
-
GC
-
HG
-
LCO
-
CL
-
GLEN
-
IXIC
-
US10YT=X
-
TOPX
-
6954
-
JPXNK400
-
DXY
-
1378
-
GPR
-

(Add Australian stock trend)

WELLINGTON, Dec 11 (Reuters) - - --------------------------------------------------------------- Snapshot at: 07:32 / 2032 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,037.72 -42.74 NZSX 50

6040.56 -13.00 DJIA

17,592.98 +100.68 Nikkei

19,046.55 -254.52 NASDAQ

5,044.41 +21.55 FTSE

6,088.05 -38.63 S&P 500

2,054.61 +6.99 Hang Seng

21,704.61 -99.15 SPI 200 Fut

5,031.00 -7.00 STI

2,848.46 -12.73 SSEC

3,456.38 -16.06 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

2.876 +0.013 US 10 YR Bond

2.232 +0.024 NZ 10 YR Bond

3.580 +0.035 US 30 YR Bond

2.968 +0.007 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7283 0.7282 NZD US$

0.6747 0.6738 EUR US$

1.0937 1.0990 Yen US$

121.62 121.63 ---------------------------------------------------------------- Commodities Gold (Lon)

1,071.00

Silver (Lon)

14.12 Gold (NY)

1,072.81

Light Crude

36.70 TRJCRB Index

177.03 -0.53 --------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks were higher on Thursday after three days of declines but pared some gains as oil prices fell to near seven-year lows.

At 3:02 p.m., the Dow Jones industrial average .DJI rose 155.67 points, or 0.89 percent, to 17,647.97, the S&P 500 .SPX gained 14.18 points, or 0.69 percent, to 2,061.8 and the Nasdaq Composite .IXIC added 40.09 points, or 0.8 percent, to 5,062.95.

For a full report, double click on .N

- - - -

LONDON - Britain's stock market fell for the sixth session in a row on Thursday as a slump in Sports Direct SPD.L and financial services group Old Mutual OML.L weighed on the market.

However, miner Glencore GLEN.L surged on debt reduction plans, helping to lift other mining stocks.

The blue-chip FTSE 100 index .FTSE closed down 0.6 percent at 6,088.05 points - its lowest closing level since early October.

Sports Direct was the worst-performing FTSE stock in percentage terms, slumping 11 percent after its first-half earnings missed market expectations.

For a full report, double click on .L

- - - -

TOKYO - Japan's Nikkei share average fell to a five-week closing low on Thursday as a sudden surge in the yen hit shares of exporters such as Fanuc 6954.T and Honda Motor 7267.T , though trading volume was low.

The Nikkei fell 1.3 percent to 19,046.55 .N225 , its lowest close since Nov 4, while the broader Topix .TOPX shed 1.0 percent to 1,540.35, also a five-week low. The JPX-Nikkei Index 400 .JPXNK400 dropped 1.0 percent.

The turnover at the Tokyo Stock Exchange's main board was 2.19 trillion yen, about 14 percent below its average over the past year.

For a full report, double click on .T

- - - -

SYDNEY - Australian shares are likely to open cautiously on Thursday with falling iron ore prices likely to cap gains. Local share price index futures YAPcm1 edged down 0.1 percent to 5,030, a 7.7-point discount to the underlying S&P/ASX 200 index .AXJO close on Thursday. The benchmark dropped 0.8 percent in the last session, having touched a one-month low.

- - - -

FOREIGN EXCHANGE

NEW YORK - The dollar rose on Thursday as markets refocused on an expected interest rate increase from the Federal Reserve and pushed the greenback up from one-month lows against the euro and yen.

The dollar index .DXY , which measures the greenback against six major rivals, rose 0.49 percent, to 97.824.

The euro EUR= fell 0.5 percent against the dollar to $1.0963. The dollar was flat against the yen JPY= .

For a full report, double click on USD/

- - - -

TREASURIES

NEW YORK - U.S. long-dated Treasury debt yields edged lower on Thursday in thin trading, weighed by a slump in oil prices, which suggested that inflation would remain benign.

A rise in weekly U.S. jobless claims added to pressure on yields, with both benchmark 10-year note and 30-year bond yields dipping to session lows.

Yields on the short-end, on the other hand, were little changed to slightly higher on the day, supported by expectations of an impending interest rate hike by the Federal Reserve, which would be the first rate increase in nine years.

But it has been the decline in the price of oil that continues to roil the Treasury market.

In late morning trading, U.S. 10-year notes US10YT=RR fell 4/32 in price to yield 2.223 percent, slightly down from Wednesday's 2.224 percent. Yields on the 10-year hit the day's low of 2.206 percent after U.S. jobless claims increased 13,000 to 282,000 for the week ended Dec. 5, the highest since early July.

For a full report, double click on US/

- - - -

COMMODITIES

GOLD

NEW YORK - Gold edged lower on Thursday and was vulnerable to further weakness as the dollar rebounded and ahead of a widely anticipated U.S. interest rate rise next week.

The Federal Reserve is expected to raise rates for the first time in nearly a decade at its next policy meeting on Dec. 15-16. Higher rates should dent demand for non-interest-paying gold, which has already lost 9 percent of its value this year and is on track for its third year of losses.

Spot gold XAU= was down 0.1 percent at $1,071.15 an ounce by 1541 GMT, while U.S. gold futures GCcv1 were down 0.5 percent at $1,070.80 an ounce.

For a full report, double click on GOL/

- - - -

BASE METALS

LONDON - Aluminium prices stagnated on Thursday on disappointment over the scope of production cutbacks in China, while a firmer dollar also weighed on the industrial metals market. Aluminium producer China Hongqiao Group 1378.HK said it would shut down 250,000 tonnes of production capacity starting on Thursday as Chinese producers look to combat a slump in local prices to record lows. But analysts said much more was needed to curb an oversupplied market that has led to global inventories surging to record highs. Three-month aluminium CMAL3 on the London Metal Exchange closed up 0.03 percent at $1,490.50 a tonne after hovering in the red for most the day. It rose nearly 1 percent on Wednesday.

LME copper CMCU3 ended up 0.2 percent at $4,590 a tonne, holding above a 6-1/2 year low of $4,443.50 touched last month.

Zinc CMZN3 closed down 0.1 percent at $1,532 a tonne, while lead CMPB3 added 0.4 percent to end at $1,708, tin CMSN3 dipped 0.1 percent to finish at $14,540 and nickel CMNI3 slid 1.6 percent to $8,540.

For a full report, double click on MET/L

- - - -

OIL

NEW YORK - Crude oil prices extended their slide on Thursday to near seven-year lows as traders looked beyond a drop in U.S. crude stockpiles to focus on a global supply glut, while a stronger dollar weighed on commodities.

U.S. gasoline futures were the only bright spot on the petroleum complex, rallying on concerns over a refinery outage and possible cuts in production.

Brent LCOc1 was down 57 cents at $39.54 by 11:57 a.m. EST (1657 GMT), hitting a near-seven year low at $39.50.

WTI CLc1 was down 45 cents at $36.71 a barrel, after reaching a February 2009 low of $36.52.

U.S. gasoline RBc1 jumped more than 3 percent after reports that BP's 405,000-bpd Whiting catalytic reformer unit was shut on Wednesday at just before midnight New York time.

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.