New Zealand/Australia Morning Call-Global markets

Wed, 22 Jan - 4:20am
-----------------------(07:16 / 1816 GMT)---------------------- 
 Stock Markets                                                   
S&P/ASX 200    5,331.46  +36.42  NZSX 50       4,921.67  +31.18 
DJIA          16,379.06  -79.50  Nikkei       15,795.96 +154.28 
NASDAQ         4,214.13  +16.55  FTSE          6,834.26   -2.47 
S&P 500        1,839.74   +1.04  Hang Seng    23,033.12 +104.17 
SPI 200 Fut    5,276.00  -12.00  TRJCRB Index    278.61   +0.20 
 
 Bonds                                                           
AU 10 YR Bond     4.115  +0.011  US 10 YR Bond    2.827  +0.000 
NZ 10 YR Bond     4.640  +0.000  US 30 YR Bond    3.741  -0.016 
 
 Currencies (Prev at 7pm NZST)                                   
AUD US$          0.8799  0.8822  NZD US$         0.8304  0.8332 
EUR US$          1.3544  1.3549  Yen US$         104.22  104.54 
 
 Commodities                                                     
Gold (Lon)      1238.00          Silver (Lon)     20.030         
Gold (NY)       1253.19          Light Crude       94.85         
--------------------------------------------------------------- 
 Overnight market action with latest New York figures. 
 
    EQUITIES 
    NEW YORK - U.S. stocks edged higher on Tuesday, putting the 
S&P on pace to snap a two-session decline, as gains in the 
materials sector were offset by declines in a trio of Dow 
components. 
    The Dow Jones industrial average    fell 49.25 points or 
0.3 percent, to 16,409.31, the S&P 500    gained 2.49 points 
or 0.14 percent, to 1,841.19 and the Nasdaq Composite    
added 13.006 points or 0.31 percent, to 4,210.588. 
    For a full report, double click on  .N  
    - - - -  
    LONDON - Britain's top shares consolidated near an 
eight-month high on Tuesday as reassuring news about economic 
conditions in emerging markets boosted consumer staples and 
financials, although miners weakened. 
    The FTSE 100    touched its highest since May 2013, 
before pulling back in the afternoon, with traders citing 
caution on Wall Street as U.S. markets reopened after a long 
weekend.    
    For a full report, double click on  .L  
    - - - -  
    TOKYO - The Nikkei average gained 1 percent on Tuesday, 
recouping most of its losses suffered over the past three 
trading days, as investors bought back stocks on hopes that 
Japanese corporate earnings will be strong. 
    The Nikkei    ended 154.28 points higher at 15,795.96, 
recovering from a one-week low marked on Monday. 
    For a full report, double click on  .T  
    - - - -  
    FOREIGN EXCHANGE  
    NEW YORK - The dollar strengthened on Tuesday in tandem with 
U.S. Treasury yields, which rose on speculation the Federal 
Reserve would soon reduce its bond-buying stimulus further. 
    The euro fell to a low against the dollar    of $1.3517 
after Germany's ZEW economic sentiment indicator for January 
came in below forecasts.    It was last trading at 
$1.3537, still down 0.10 percent on the day. Traders sold into 
rallies on expectations the European Central Bank will keep 
policy accommodative and may even cut rates if money markets 
tighten. 
    For a full report, double click on  USD/  
    - - - -  
    TREASURIES  
    NEW YORK - U.S. Treasuries prices slipped on Tuesday with 
benchmark yields edging up from five-week lows on concerns about 
the Federal Reserve further paring its bond-purchase monetary 
stimulus at its policy meeting next week.  
    Benchmark 10-year Treasuries notes    last traded 
2/32 lower in price with a yield of 2.834 percent, up about 1 
basis point from late on Friday. 
    For a full report, double click on  US/  
    - - - -  
    COMMODITIES  
    GOLD 
    LONDON - Gold fell on Tuesday, dragged down by firmer 
equities and a broadly steady dollar after renewed talk that the 
U.S. Federal Reserve might announce a further cut in its 
bond-buying programme at a meeting next week. 
    Spot gold    fell as much as 1.4 percent to a session 
low of $1,235.80 an ounce. It was down 1.1 percent at $1,239.20 
by 1458 GMT. It hit a six-week peak of $1,259.85 on Monday. 
    For a full report, double click on  GOL/  
    - - - -  
    BASE METALS 
    LONDON - Copper edged higher on Tuesday as investors 
digested further evidence of tight nearby supply, although 
concerns about Chinese demand and worries that rising stocks of 
concentrate will soon be processed into metal kept gains in 
check. 
    Three-month copper    on the London Metal Exchange 
ended up 0.4 percent at $7,340 a tonne, after finishing the 
previous session little changed. The metal is still down 0.3 
percent for the year, after falling 7 percent last year. 
    For a full report, double click on  MET/L  
    - - - -  
    OIL 
    NEW YORK - Brent oil futures rose on Tuesday as the global 
energy watchdog forecast strong demand and on continuing 
instability in Libya, which could delay a rebound in supply. 
    Brent crude    was trading 59 cents higher at $106.94 a 
barrel at 1719 GMT after rising as high as $108 per barrel. 
    U.S. crude oil    for March delivery, which becomes the 
front-month contract when February expires at the end of the 
session, rose 32 cents to $94.91, after rising as high as 
$95.46. Front-month U.S. February crude CLc1 was last trading 33 
cents higher at $94.70. There was no settlement on Monday on the 
New York Mercantile Exchange due to a U.S. holiday. 
    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:20140121:nL3N0KV4H1:3
Topics: 
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