New Zealand/Australia Morning Call-Global markets

-----------------------(07:46 / 1846 GMT)----------------------- 
Stock Markets                                                    
S&P/ASX 200    5,367.91  +15.70  NZSX 50        4,737.01  -31.97 
DJIA          16,444.60 -132.06  Nikkei        16,291.31 +112.37 
NASDAQ         4,137.16  -39.43  FTSE           6,717.91  -31.18 
S&P 500        1,831.08  -17.28  Hang Seng     23,340.05  +33.66 
SPI 200 Fut    5,298.00  -47.00  TRJCRB Index     277.83   -2.34 
 
Bonds                                                            
AU 10 YR Bond     4.299  -0.032  US 10 YR Bond     2.984  -0.023 
NZ 10 YR Bond     4.735  +0.000  US 30 YR Bond     3.918  -0.024 
 
Currencies (Prev at 7pm NZST)                                    
AUD US$          0.8919  0.8915  NZD US$          0.8200  0.8214 
EUR US$          1.3672  1.3750  Yen US$          104.70  105.32 
 
Commodities                                                      
Gold (Lon)      1225.00          Silver (Lon)     19.940         
Gold (NY)       1205.29          Light Crude       95.86         
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Overnight market action with latest New York figures. 
 
    EQUITIES 
    NEW YORK - U.S. stocks fell on their first day of trading in 
2014 as investors booked profits in the wake of the S&P 500's 
best yearly advance since 1997. 
    The Dow Jones industrial average    fell 141.6 points or 
0.85 percent, to 16,435.06, the S&P 500    lost 17.71 points 
or 0.96 percent, to 1,830.65 and the Nasdaq Composite    
dropped 38.688 points or 0.93 percent, to 4,137.902.  
    For a full report, double click on  .N  
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    LONDON - Britain's top share index fell on the first trading 
day of the new year after posting its best annual gain in four 
years in 2013, as miners were hit by disappointing Chinese 
factory data. 
    BHP Billiton   , Rio Tinto    and Anglo American 
AAL.L declined between 0.9 and 2.1 percent, putting pressure on 
the FTSE 100   , which ended 0.5 percent lower at 6,717.91 
points. Trading volumes were 73 percent of their 90-day daily 
average. 
    For a full report, double click on  .L  
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    TOKYO - Japan's markets will be closed for the New Year 
holiday from Dec. 31 to Jan. 3. Reuters coverage of the Japanese 
stock markets will resume on Jan. 6. 
    For the most recent report, double click on  .T  
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    FOREIGN EXCHANGE  
    NEW YORK - The dollar rose against the euro on Thursday as 
an array of improving U.S. economic reports supported 
expectations that the Federal Reserve will gradually scale back 
its bond purchases. 
    The U.S. dollar hit a high of 105.44 yen, its strongest 
level versus the Japanese currency since October 2008, before 
erasing gains to trade down 0.3 percent at 104.94    yen. 
    For a full report, double click on  USD/  
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    TREASURIES  
    NEW YORK - U.S. Treasuries prices rose on Thursday, 
reversing an earlier fall that had driven yields to more than 
two-year highs, with investors moving out of stocks after last 
year's jump. 
    The benchmark 10-year Treasury note    rose 5/32 in 
price to yield 2.987 percent, compared with 3.006 percent late 
on Tuesday. The yield rose as high as 3.041 percent earlier on 
Thursday. 
    For a full report, double click on  US/  
    - - - -  
    COMMODITIES  
    GOLD 
    NEW YORK/LONDON - Gold rose 1.5 percent on Thursday as sharp 
losses in the equity market prompted funds to buy the precious 
metal on the first trading day of the new year after bullion's 
worst annual decline in more than 30 years. 
    Spot gold    rose to a two-week high of $1,228.10 an 
ounce in early trading and was up 1.6 percent at $1,224.69 by 
1807 GMT. 
    For a full report, double click on  GOL/  
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    BASE METALS 
    LONDON - Copper rose to a seven-month high on Thursday, 
lifted by shrinking supplies and prospects for global economic 
recovery, though signs of weakness in top consumer China capped 
gains. 
    Three-month LME copper    reached its highest since 
June 5 at $7,460 a tonne and closed at $7,393 from the previous 
close of $7,360. 
    For a full report, double click on  MET/L  
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    OIL 
    NEW YORK - Oil prices fell by more than $2 on Thursday as 
Libya prepared to restart a major oilfield and on speculation of 
a sharp rise in crude stockpiles in Cushing, Oklahoma. 
    Brent crude    was down $2.19 to $108.61 a barrel by 
1633 GMT, dropping below the 50-day moving average of $109.17 
for the first time in two weeks. 
    U.S. crude    sank $2.03 to $96.38 a barrel, deepening 
losses after a report by industry group Genscape showed a 1 
million barrel rise in stockpiles at Cushing, Oklahoma, the 
benchmark delivery point for U.S. oil futures, market sources 
said. 
    For a full report, double click on  O/R  
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((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 802 
7980)) 
 
 
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