New Zealand/Australia Morning Call-Global markets

Wed, 12 Mar - 4:21am
-----------------------(07:21 / 1821 GMT)----------------------- 
 Stock Markets                                                   
S&P/ASX 200    5,413.84   +2.32  NZSX 50        5,101.94  -15.90 
DJIA          16,367.23  -51.45  Nikkei        15,224.11 +103.97 
NASDAQ         4,318.41  -16.04  FTSE           6,685.52   -3.93 
S&P 500        1,870.30   -6.87  Hang Seng     22,269.61   +4.68 
SPI 200 Fut    5,394.00  -21.00  TRJCRB Index     304.88   -1.12 
 
 Bonds                                                           
AU 10 YR Bond     4.169  -0.027  US 10 YR Bond     2.766  -0.018 
NZ 10 YR Bond     4.650  +0.000  US 30 YR Bond     3.710  -0.019 
 
 Currencies (Prev at 7pm NZST)                                   
AUD US$          0.8979  0.9040  NZD US$          0.8469  0.8503 
EUR US$          1.3867  1.3869  Yen US$          102.94  103.30 
 
 Commodities                                                     
Gold (Lon)      1346.25          Silver (Lon)     21.250         
Gold (NY)       1338.54          Light Crude      100.01         
---------------------------------------------------------------- 
 Overnight market action with latest New York figures. 
 
    EQUITIES 
    NEW YORK - U.S. stocks fell in afternoon trading on Tuesday 
after swinging between gains and losses for most of the session 
as the lack of major corporate earnings or market-affecting data 
kept trading directionless. 
    The Dow Jones industrial average    fell 46.93 points or 
0.29 percent, to 16,371.75, the S&P 500    lost 6.04 points 
or 0.32 percent, to 1,871.13 and the Nasdaq Composite    
dropped 11.349 points or 0.26 percent, to 4,323.099. 
    For a full report, double click on  .N  
    - - - -  
    LONDON - Britain's top share index steadied on Tuesday after 
hitting a three-week low, with some investors seeing value in 
beaten-down stocks, although the market remained vulnerable to 
further declines in the near term. 
    The blue-chip FTSE 100 index    closed 0.06 percent 
lower at 6,685.52 points after falling to 6,660.59, its lowest 
since the middle of February. It fell in the previous two 
sessions on lingering tensions between Ukraine and Russia and on 
concerns about China's economic growth. 
    For a full report, double click on  .L  
    - - - -  
    TOKYO - Japan's Nikkei average gained on Tuesday as 
investors scooped up battered commodity stocks, but trading 
volume was thin as caution over an economic slowdown in China 
and Ukraine tensions kept traders on the sidelines. 
    The Nikkei average    ended 0.7 percent higher at 
15,224.11, recouping more than a half of its losses from the 
previous day to edge back towards a five-week high of 15,312.60 
hit on Friday. 
    The broader Topix    index rose 0.5 percent to 
1,233.21, but only 1.81 billion shares changed hands, the lowest 
since mid-October. 
    For a full report, double click on  .T  
    - - - -  
    FOREIGN EXCHANGE  
    NEW YORK - The euro fell against the dollar and the yen on 
Tuesday after European Central Bank policymakers indicated 
traders may have overlooked the message that the bank may still 
act to stimlate the economy. 
    The euro was down 0.1 percent against the dollar at $1.3856 
  , retreating further from the 2-1/2-year peak of $1.3915 
hit on Friday. The euro was down 0.2 percent at 143.01 yen 
  , off a recent two-month high of 143.79 yen. 
    For a full report, double click on  USD/  
    - - - -  
    TREASURIES  
    NEW YORK - U.S. Treasuries traded mostly flat for a second 
straight day on Tuesday ahead of the U.S. government's auction 
of three-year Treasury notes, the first of three debt auctions 
this week. 
    The 10-year U.S. Treasury note    last traded down 
2/32 in price to yield 2.793 percent, down slightly in price 
from late Monday, when the yield was at 2.784 percent. 
    For a full report, double click on  US/  
    - - - -  
    COMMODITIES  
    GOLD 
    LONDON - Gold rose on Tuesday as fears of a slowdown in 
Chinese economic growth and worries about the crisis in Ukraine 
sapped appetite for risk. 
    Spot gold    rose to a session high of $1,352.50 an 
ounce and was up 0.6 percent to $1,346.16 an ounce by 1532 GMT, 
while gold futures    for April delivery rose 0.4 percent 
to $1,347.10 an ounce. 
    For a full report, double click on  GOL/  
    - - - -  
    BASE METALS 
    LONDON - Copper tumbled to the lowest levels in over three 
years on Tuesday as investors and speculators intensified 
selling because of worries about Chinese demand and liquidation 
of inventories used for finance deals. 
    Three-month copper on the London Metal Exchange    
closed down 2.6 percent at $6,475 a tonne after touching a low 
of $6,469.75, its weakest since July 2010. 
    For a full report, double click on  MET/L  
    - - - -  
    OIL 
    NEW YORK - U.S. crude oil fell on Tuesday to below $100 per 
barrel for the first time in a month as the potential for more 
Chinese corporate bond defaults and rising crude stocks in the 
United States raised concerns about the growth of oil demand. 
    Brent futures    traded 23 cents higher at $108.31 a 
barrel by 1:29 p.m. EST (1729 GMT). U.S. crude    fell $1.01 
to $100.11 a barrel. 
    For a full report, double click on  O/R  
    - - - - 
((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 802 
7980)) 
 
 
Keywords: MORNINGCALL/ 
     
URN: 
urn:newsml:reuters.com:20140311:nL3N0M84BW:4
Topics: 
REP LEN RTRS NZ AU STX ASIA

Contact Us

Due to the security nature of our business, personal meetings are only by pre-arranged appointment.
Phone at any time on

1300 987 995

info@ausmint.com