New Zealand/Australia Morning Call-Global markets

-----------------------(07:23 / 1823 GMT)---------------------- 
 Stock Markets                                                   
S&P/ASX 200    5,262.99  -56.78  NZSX 50       4,911.08  -39.26 
DJIA          16,180.20 -193.14  Nikkei       15,695.89 -125.07 
NASDAQ         4,202.60  -40.41  FTSE          6,773.28  -53.05 
S&P 500        1,824.57  -20.29  Hang Seng    22,733.90 -348.35 
SPI 200 Fut    5,187.00  -41.00  TRJCRB Index    281.75   +1.21 
 
 Bonds                                                           
AU 10 YR Bond     4.098  -0.085  US 10 YR Bond    2.779  -0.081 
NZ 10 YR Bond     4.644  -0.011  US 30 YR Bond    3.689  -0.070 
 
 Currencies (Prev at 7pm NZST)                                   
AUD US$          0.8749  0.8805  NZD US$          0.8283  .8299 
EUR US$          1.3680  1.3549  Yen US$         103.48  104.32 
 
 Commodities                                                     
Gold (Lon)      1263.00          Silver (Lon)     20.110         
Gold (NY)       1236.06          Light Crude       97.56         
 --------------------------------------------------------------- 
 Overnight market action with latest New York figures. 
 
    EQUITIES 
    NEW YORK - U.S. stocks fell on Thursday, hurt by 
disappointing manufacturing data in China and a mixed bag of 
recent U.S. corporate earnings. 
    The Dow Jones industrial average    fell 154.22 points, 
or 0.94 percent, to 16,219.12, the S&P 500    lost 16.42 
points, or 0.89 percent, to 1,828.44 and the Nasdaq Composite 
   dropped 38.184 points, or 0.9 percent, to 4,204.816. 
    For a full report, double click on  .N  
    - - - -  
    LONDON - Britain's main equity index suffered its biggest 
one-day fall this year on Thursday, weighed down by 
disappointing U.S. economic data and weak updates from Easyjet 
   and Pearson   . 
    The FTSE 100    closed 53.05 points lower, or 0.8 
percent, at 6,773.28 points, a third consecutive daily fall and 
the biggest since Dec. 12. 
    For a full report, double click on  .L  
    - - - -  
    TOKYO - The Nikkei stock average reversed early gains to end 
0.8 percent lower on Thursday after a survey showed 
manufacturing activity in China, one of Japan's top trading 
partners, contracted in January for the first time in six 
months.  
    The Nikkei    ended 125.07 points lower at 15,695.89, 
breaking below its five-day moving average of 15,737.79. 
    For a full report, double click on  .T  
    - - - -  
    FOREIGN EXCHANGE  
    NEW YORK - The dollar tumbled on Thursday, pressured by 
strong manufacturing data in the euro zone and new regulations 
in Switzerland that raised the level of capital banks must hold 
against their mortgage books, tightening Swiss monetary 
conditions. 
    In mid-morning trading, the dollar dropped 1.2 percent 
against the Swiss franc to 0.9001 franc   . It fell to 
0.8996 franc, a one week-trough. The euro, on the other hand, 
was 0.3 percent lower at 1.2309 francs   . 
    For a full report, double click on  USD/  
    - - - -  
    TREASURIES  
    NEW YORK - U.S. Treasuries prices climbed on Thursday as 
losses on Wall Street and data suggesting a slowing in Chinese 
manufacturing revived safe haven bids for bonds. 
    On the open market, benchmark 10-year Treasury notes 
US10YT=RR were 16/32 higher in price with a yield of 2.801 
percent, down 6 basis points from late on Wednesday. 
    For a full report, double click on  US/  
    - - - -  
    COMMODITIES  
    GOLD 
    NEW YORK/LONDON - Gold surged 2 percent on Thursday, set for 
its biggest one-day rally in three months, as sharp losses in 
U.S. equities and disappointing Chinese manufacturing data 
boosted bullion's safe-haven appeal. 
    Spot gold    was up 1.9 percent at $1,260.01 an ounce by 
1636 GMT. Earlier it hit $1,265.40, within reach of a two-month 
high of $1,267.26 set in early December. 
    For a full report, double click on  GOL/  
    - - - -  
    BASE METALS 
    LONDON - Copper fell on Thursday, dragged lower by 
disappointing Chinese manufacturing data that reinforced 
concerns about the outlook for economic growth, but further 
declines were capped by a weak dollar and a shortfall of refined 
metal. 
    Three-month copper on the London Metal Exchange    
ended at $7,207 a tonne, down from a close of $7,292 on 
Wednesday. 
    For a full report, double click on  MET/L  
    - - - -  
    OIL 
    NEW YORK - U.S. crude oil futures rose more than $1 on 
Thursday, narrowing the discount to European Brent to the lowest 
level for two months, after a sizeable draw in distillates drove 
the heating fuel price to its highest so far this year. 
    Brent    fell 53 cents to $107.74 a barrel by 1741 GMT. 
It settled up $1.54 on Wednesday at its highest level this year. 
    U.S. oil    rose 84 cents to $97.57, after settling 
$1.76 higher at $96.73 in the previous session. The contract was 
on track for its largest weekly percentage gain in two months.   
  
    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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