New Zealand/Australia Morning Call-Global markets

-----------------------(07:26 / 1826 GMT)----------------------- 
  
 Stock Markets                                                   
S&P/ASX 200    5,376.75  +40.13  NZSX 50        5,124.89   -5.81 
DJIA          16,309.26  -58.62  Nikkei        14,477.16  +53.97 
NASDAQ         4,190.37  -43.90  FTSE           6,605.30   +0.41 
S&P 500        1,858.44   -7.18  Hang Seng     21,887.75 +155.43 
SPI 200 Fut    5,340.00  -30.00  TRJCRB Index     300.90   +0.07 
 
 Bonds                                                           
AU 10 YR Bond     4.108  -0.008  US 10 YR Bond     2.701  -0.034 
NZ 10 YR Bond     4.630  +0.000  US 30 YR Bond     3.555  -0.024 
 
 Currencies (Prev at 7pm NZST)                                   
AUD US$          0.9218  0.9190  NZD US$          0.8600  0.8596 
EUR US$          1.3786  1.3808  Yen US$          101.94  102.31 
 
 Commodities                                                     
Gold (Lon)      1304.00          Silver (Lon)     20.030         
Gold (NY)       1310.44          Light Crude      100.00         
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 Overnight market action with latest New York figures. 
 
    EQUITIES 
    NEW YORK - U.S. stocks were at session lows on Wednesday led 
by the tech and material sectors. 
    The Dow Jones industrial average    was down 67.49 
points, or 0.40 percent, at 16,300.65. The Standard & Poor's 500 
Index    was down 6.52 points, or 0.35 percent, at 1,859.05. 
The Nasdaq Composite Index    was down 43.41 points, or 1.0 
percent, at 4,191.71. 
    For a full report, double click on  .N  
    - - - -  
    LONDON - Shares in British bank Lloyds LLOY.L plunged 4.9 
percent on Wednesday after the government sold a stake in the 
lender at a discount to its stock price, and held back the UK's 
blue chip equity index. 
    The FTSE 100 index   , which at one stage rose as much 
as 0.6 percent, ended up by just 0.41 points, flat in percentage 
terms, at 6,605.30 points. 
    For a full report, double click on  .L  
    - - - -  
    TOKYO - Japan's Nikkei share average rose on Wednesday on 
strong U.S. consumer confidence data and easing concerns over 
the Ukraine crisis, though it failed to break a key technical 
resistance level. 
    The Nikkei    tacked on 0.4 percent to 14,477.16, 
underperforming many of its regional peers and stalling before 
the 200-day moving average of 14,513.21. 
    The broader Topix    gained 0.7 percent to 1,172.07 
with 2.44 billion shares changing hands, in line with the 
average in the past 20 days. The new JPX-Nikkei Index 400 
   rose 0.8 percent to 10,611.83. 
    For a full report, double click on  .T  
    - - - -  
    FOREIGN EXCHANGE  
    NEW YORK - The dollar rose against major currencies on 
Wednesday on strong U.S. economic data and conviction that the 
U.S. Federal Reserve will cut back its stimulus measures, but 
fell against emerging market currencies on a calming of fears 
surrounding Ukraine. 
    The U.S. dollar index   , which measures the dollar 
against six major currencies, was last up 0.16 percent at 
80.072. The euro    last traded down 0.24 percent against 
the dollar at $1.3793. 
    For a full report, double click on  USD/  
    - - - -  
    TREASURIES  
    NEW YORK - U.S. Treasury debt prices extended gains on 
Wednesday after the government sold $35 billion in new five-year 
notes amid very strong demand from fund managers and other 
investors. 
    Five-year notes    were last up 8/32 in price to 
yield 1.70 percent, down from 1.74 percent earlier on Wednesday. 
The yields rose as high as 1.77 percent on Tuesday, the highest 
since Jan. 9, and are up from around 1.54 percent before 
Yellen's comments a week ago. 
    For a full report, double click on  US/  
    - - - -  
    COMMODITIES  
    GOLD 
    LONDON - Gold fell nearly 1 percent to a five-week low on 
Wednesday as the dollar firmed, equity markets strengthened and 
the U.S. economy showed signs of recovery, while support from 
physical buying also was lacking. 
    Spot gold    was down 0.6 percent at $1,302.60 an ounce 
by 1508 GMT, having fallen to $1,300.09 in earlier trade, its 
lowest since mid-February. U.S. gold futures    were down 
$7.80 an ounce at $1,303.60. 
    For a full report, double click on  GOL/  
    - - - -  
    BASE METALS 
    LONDON - Copper retreated on Wednesday from the two-week 
high hit in the previous session, but the outlook for metals 
demand remained supported by prospects that China will stimulate 
its economy. 
    LME three-month copper    closed down 1.4 percent at 
$6,510 a tonne, after rising 2 percent on Tuesday to post its 
biggest one-day percentage gain since mid-September. 
    For a full report, double click on  MET/L  
    - - - -  
    OIL 
    NEW YORK - Brent crude dipped and U.S. crude rose in choppy 
trading on Wednesday, narrowing the spread between the two 
benchmarks. 
    Brent for May delivery    fell 24 cents to $106.75 by 
12:07 p.m. EDT (1607 GMT). U.S. crude   , known as West 
Texas Intermediate or WTI, climbed 50 cents to $99.69 a barrel. 
For a full report, double click on  O/R  
    - - - - 
((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 802 
7980)) 
 
 
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