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

  1. 115,666 Posts.
    lightbulb Created with Sketch. 1374
    ----------------------------------------------------------------  
    Snapshot at: 07:27 / 2127 GMT  
    
    ----------------------------------------------------------------  
    Stock Markets		   NetChng						  NetChng  
    S&P/ASX 200	5,227.92  +30.37  NZSX 50		7,007.5.  +30.30  
    DJIA		  17,895.88  -22.74  Nikkei		15,276.24 -102.75  
    NASDAQ		 4,876.81  +17.65  FTSE		   6,533.79  +70.20  
    S&P 500		2,097.90   -1.83  Hang Seng	 20,706.92 +211.63  
    SPI 200 Fut	5,171.00  -21.00  STI			2,862.17   -2.50  
    SSEC		   3,016.93   -0.36  
    
    ----------------------------------------------------------------  
    Bonds					NetChg						   NetChg  
    AU 10 YR Bond	 1.891  +0.007  US 10 YR Bond	 1.385  +0.000  
    NZ 10 YR Bond	 2.285  +0.020  US 30 YR Bond	 2.135  -0.017  
    ----------------------------------------------------------------  
    Currencies			  1700GMT						  1700GMT  
    AUD US$		  0.7476  0.7495  NZD US$		  0.7216  0.7190  
    EUR US$		  1.1071  1.1076  Yen US$		  100.73  100.71  
    ----------------------------------------------------------------  
    Commodities  
    
    Gold (Lon)	 1,356.70		  Silver (Lon)	  19.66  
    Gold (NY)	  1,363.51		  Light Crude	   45.14  
    TRJCRB Index	 185.70   -4.25  
    
    ----------------------------------------------------------------  
    	EQUITIES  
    

    NEW YORK - The S&P 500 and Dow industrials slipped on Thursday, weighed by energy shares, but gains in Costco and tech shares lifted the Nasdaq Composite.

    The Dow Jones industrial average .DJI fell 22.74 points, or 0.13 percent, to 17,895.88, the S&P 500 .SPX lost 1.83 points, or 0.09 percent, to 2,097.9 and the Nasdaq Composite .IXIC added 17.65 points, or 0.36 percent, to 4,876.81.

    	- - - -   
    	LONDON - Britain's top share index rebounded on Thursday,  
    

    with Associated British Foods ABF.L recording its biggest one-day gain in 16 years after its brighter outlook on earnings. Gains by crude oil helped energy stocks.

    The benchmark FTSE 100 index .FTSE , dominated by internationally exposed companies, was up 1.1 percent after closing more than 1 percent lower in the previous session. Britain's domestically focused FTSE 250 index .FTMC was up 1.5 percent.

    	- - - -   
    	TOKYO - Japan's Nikkei share average fell for the third  
    

    straight session on Thursday, as an undercurrent of Brexit fears kept risk asset markets nervous.

    The Nikkei .N225 lost 0.7 percent to 15,276.24, hurt by renewed strength in the yen as Brexit fears have resurfaced.

    	- - - -  
    	SYDNEY - Australian stocks looked set for a subdued start on  
    

    Friday following a lacklustre session on Wall Street and with weaker commodity prices likely to weigh on the major miners.

    Pointing to a soft open, stock index futures YAPcm1 fell 0.4 percent to 5,171.0, a 57-point discount to the underlying S&P/ASX 200 index (xjo) . The benchmark closed 0.6 percent higher on Thursday.

    	- - - -   
    	FOREIGN EXCHANGE   
    

    NEW YORK - The yen posted strong gains for a third straight session on Thursday, while sterling fell yet again, retreating from early gains as risk appetite crumbled in afternoon trading with the decline in major U.S. stock indexes and commodity prices.

    In late trading, sterling slipped 0.1 percent against the dollar at $1.2919 GBP=D4 , having skidded to a 31-year low of $1.2798 on Wednesday. It has been down more than 14 percent since the Brexit vote.

    The dollar was 0.5 percent lower against the yen JPY= at 100.78, holding above its trough of 99.00 hit on June 24, the day after the UK vote. The euro, meanwhile, fell 0.8 percent against the yen to 111.56 yen.

    	- - - -   
    	TREASURIES   
    

    NEW YORK - U.S. 30-year Treasury yields dipped slightly while other maturities were little changed on Thursday on nervousness ahead of Friday's U.S. non-farm payrolls report for June and its potential short-term impact on Federal Reserve rate hike expectations.

    U.S. 30-year Treasuries US30YT=RR were last up 10/32 in price to yield 2.138 percent, while benchmark 10-year Treasuries US10YT=RR were last unchanged in price to yield 1.385 percent. The trend of lower 30-year yields and higher or unchanged short- and medium-dated yields is known as a "curve flattener."

    	- - - -   
    	COMMODITIES   
    

    GOLD NEW YORK - Gold slips as U.S. jobs data supports the dollar, ending a six-day rally that pushed the precious metal to more than a two-year high on concerns about Britain's vote to leave the European Union.

    Spot gold XAU= was off 0.2 pct at $1,360.26 an ounce by 2:41 p.m. EDT (1841 GMT), down from Wednesday's peak of $1,374.91, the highest since March 2014.

    	- - - -   
    	BASE METALS  
    

    LONDON - Copper slid to the lowest in over a week on Thursday as the dollar strengthened, oil prices fell and investors continued to be unsettled about the aftermath of the UK's vote to leave the European Union.

    Benchmark copper CMCU3 on the London Metal Exchange closed down 1.4 percent at $4,685 a tonne, the weakest since June 27, extending losses of 1.4 percent in the previous session.

    	- - - -   
    	OIL  
    

    NEW YORK - Oil prices fell 5 percent to two-month lows on Thursday after the U.S. government reported a weekly crude draw within analysts' forecasts that disappointed market bulls expecting larger declines.

    Brent crude futures LCOc1 settled down $2.40, or 4.9 percent, at $46.40 per barrel. That was the biggest percentage loss for Brent in a day since Feb. 9.

    U.S. crude futures CLc1 settled down $2.29, or 4.8 percent, at $45.14. They hit a two-month low of $44.87 earlier, tripping the June 27 bottom and support of $45.83.

    	- - - -  
    ((Australia/New Zealand bureaux; +61 2 9321 8150/+64 4 802  
    

    7980))

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.