New Zealand/Australia Morning Call-Global markets

-----------------------(07:19 / 1819 GMT)---------------------- 
 Stock Markets                                                   
S&P/ASX 200    5,319.77  -11.70  NZSX 50       4,950.34  +28.67 
DJIA          16,388.27  -26.17  Nikkei       15,820.96  +25.00 
NASDAQ         4,244.33  +18.57  FTSE          6,826.33   -7.93 
S&P 500        1,845.74   +1.94  Hang Seng    23,082.25  +49.13 
SPI 200 Fut    5,260.00  -20.00  TRJCRB Index    280.32   +1.92 
 
 Bonds                                                           
AU 10 YR Bond     4.185  -0.013  US 10 YR Bond    2.858  +0.035 
NZ 10 YR Bond     4.645  +0.000  US 30 YR Bond    3.755  +0.017 
 
 Currencies (Prev at 7pm NZST)                                   
AUD US$          0.8845  0.8863  NZD US$         0.8303  0.8322 
EUR US$          1.3550  1.3554  Yen US$         104.43  104.43 
 
 Commodities                                                     
Gold (Lon)      1241.00          Silver (Lon)      19.870        
Gold (NY)       1241.11          Light Crude       96.70         
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Overnight market action with latest New York figures. 
 
    EQUITIES 
    NEW YORK - U.S. stocks were flat on Wednesday, as the latest 
mixed bag of corporate earnings failed to give investors 
confidence to push equities higher after a strong rally last 
year.  
    The Dow Jones industrial average    fell 30.35 points or 
0.18 percent, to 16,384.09, the S&P 500    gained 1.05 
points or 0.06 percent, to 1,844.85 and the Nasdaq Composite 
   added 9.179 points or 0.22 percent, to 4,234.939. 
    For a full report, double click on  .N  
    - - - -  
    LONDON - Britain's FTSE 100 eased off 8-month highs on 
Wednesday after strong jobs data raised the spectre of interest 
rate hikes and analysts highlighted concerns about companies' 
weak earnings and high valuations. 
    The FTSE 100 share index closed down 7.93 points, or 0.1 
percent, at 6,826.33 points   , holding around 40 points 
below Tuesday's eight-month high and lagging euro zone's 
EuroSTOXX 50   . 
    For a full report, double click on  .L  
    - - - -  
    TOKYO - The Nikkei stock average eked out modest gains on 
Wednesday, with Tokyo Steel Manufacturing Co Ltd    
jumping after a robust earnings report. 
    The Nikkei    ended 0.2 percent higher at 15,820.96 
after trading as low as 15,631.41 following a BOJ decision to 
keep monetary policy steady. A trader said some investors had 
been hoping that the BOJ might further ease this time. 
    For a full report, double click on  .T  
    - - - -  
    FOREIGN EXCHANGE  
    NEW YORK - The dollar slipped on Wednesday, hurt by gains in 
sterling and the Australian currency, but the greenback's 
outlook remained upbeat as the Federal Reserve might be a week 
away from its next round of reduction in asset buying. 
    The dollar index, a measure of the dollar's value against 
six major currencies, was slightly lower on the day at 81.077 
  . The index has been trading in narrow ranges this week. 
    For a full report, double click on  USD/  
    - - - -  
    TREASURIES  
    NEW YORK - U.S. Treasuries prices fell on Wednesday and 
benchmark yields edged up from five-week lows, with prices 
dragged lower by weaker German government debt. 
    On the open market, benchmark 10-year Treasury notes 
   were down 6/32 in price with a yield of 2.847 
percent, up 2 basis points from late on Tuesday. 
    For a full report, double click on  US/  
    - - - -  
    COMMODITIES  
    GOLD 
    LONDON - Gold prices were steady on Wednesday but the 
positive start to 2014 looked to be fading -- leaving U.S. 
growth prospects and expectations for further Federal Reserve 
stimulus reduction to dominate sentiment. 
    Spot gold    was flat on the day at $1,241.71 per ounce 
by 1503 GMT, after falling nearly 1 percent on Tuesday - its 
biggest one-day decline this year. 
    For a full report, double click on  GOL/  
    - - - -  
    BASE METALS 
    LONDON - Copper prices fell on Wednesday on concerns that 
the U.S. Federal Reserve could further cut monetary stimulus 
next week, but falls were limited by tight short-term 
availability of metal in the physical market. 
    Three-month copper on the London Metal Exchange    
slipped 0.65 percent to close at $7,292 a tonne. 
    For a full report, double click on  MET/L  
    - - - -  
    OIL 
    NEW YORK - U.S. oil climbed nearly $2 on Wednesday on 
expectations that frigid weather in the U.S. Northeast would 
prompt strong demand for heating fuel, amid forecasts for 
declining supplies. 
    Brent oil    for March delivery climbed above $108 and 
was last trading at $108.18 per gallon at 1721 GMT, near a 
3-week high. U.S. crude oil futures rose $1.87 at $96.85, also 
near a 3-week high. 
    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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