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----------------------(07:17 / 1817 GMT)----------------------- Stock Markets S&P/ASX 200 5,240.93 -22.06 NZSX 50 4,873.70 -37.38 DJIA 15,879.11 -318.24 Nikkei 15,391.56 -304.33 NASDAQ 4,128.17 -90.70 FTSE 6,663.74 -109.54 S&P 500 1,790.29 -38.17 Hang Seng 22,450.06 -283.84 SPI 200 Fut 5,122.00 -75.00 TRJCRB Index 282.54 +1.25 Bonds AU 10 YR Bond 4.020 -0.036 US 10 YR Bond 2.722 +0.000 NZ 10 YR Bond 4.610 +0.000 US 30 YR Bond 3.637 +0.000 Currencies (Prev at 7pm NZST) AUD US$ 0.8688 0.8707 NZD US$ 0.8231 0.8270 EUR US$ 1.3677 1.3681 Yen US$ 102.27 103.35 Commodities Gold (Lon) 1267.00 Silver (Lon) 20.190 Gold (NY) 1269.01 Light Crude 96.64 ---------------------------------------------------------------- Overnight market action with latest New York figures. EQUITIES NEW YORK - U.S. stocks dropped for a second day on Friday and the S&P 500 posted its worst week since June 2012 as a selloff in emerging market assets fed through to wholesale pullbacks in equities. The Dow Jones industrial averagefell 318.24 points or 1.96 percent, to 15,879.11, the S&P 500 lost 38.17 points or 2.09 percent, to 1,790.29 and the Nasdaq Composite dropped 90.701 points or 2.15 percent, to 4,128.173. For a full report, double click on .N - - - - LONDON - Britain's top shares sank to a five-week closing low on Friday, with stocks exposed to emerging markets feeling the biggest losses, knocked by a rout in Latin American currencies. The FTSE 100closed down 109.54 points, or 1.6 percent, at 6,663.74 points, its lowest close since Dec. 20 and its biggest one-day percentage drop this year. For a full report, double click on .L - - - - TOKYO - Japan's Nikkei share average dropped 1.9 percent to a one-month low on Friday as declines in emerging market currencies spooked investors and the previous day's weak China factory survey continued to hurt sentiment. The Nikkeiended 304.33 points lower to 15,391.56, the lowest closing level since Dec 17. It was the biggest one-day fall since Jan. 14. The index dropped 2.2 percent this week, its third straight weekly decline. For a full report, double click on .T - - - - FOREIGN EXCHANGE NEW YORK - Emerging market currencies were battered on Friday as global investors scrambled for shelter from a broad financial markets selloff by buying dollars, yen and Swiss francs. The dollar fell to a seven-week low of 101.98 yenand was last at 102.24, down nearly 1 percent, while the euro slid to 1.2222 francs , its weakest since Dec. 18. The euro last traded at 1.2235 francs, 0.4 percent lower. For a full report, double click on USD/ - - - - TREASURIES NEW YORK - U.S. Treasuries prices rose on Friday with benchmark yields hitting near two-month lows on safe-haven bids for bonds stemming from worries about tightening credit conditions in China and a looming currency crisis in Argentina. Benchmark 10-year Treasuries noteswere up 11/32 in price with a yield of 2.733 percent, down 4 basis points from late on Thursday. The 10-year yield fell to 2.706 percent earlier, which was below its 100-day moving average and the lowest intraday level since Nov. 26, according to Reuters data. For a full report, double click on US/ - - - - COMMODITIES GOLD NEW YORK/LONDON - Gold rose to a two-month high on Friday, posting its fifth consecutive weekly gain as a global flight from emerging-market assets and declines in equities increased bullion's safe-haven appeal. Spot goldinched up 56 cents at $1,264.51 an ounce by 1929 GMT, having earlier hit $1,272.70, its highest since mid-November. For a full report, double click on GOL/ - - - - BASE METALS LONDON - Copper fell to its lowest in a month on Friday and struck its biggest weekly fall since mid-November as slowing growth in China's factories fuelled worries about demand in the world's top metals consumer. Three-month copper on the London Metal Exchangeended at $7,180 a tonne, its lowest level in a month and down from a close of $7,292 on Thursday. The metal is down 2 percent for the week. For a full report, double click on MET/L - - - - OIL NEW YORK - U.S. crude settled lower on Friday on reports of a slowing economy in China and a downward slide in U.S. equities, while Brent saw slight gains on spread trading. Brent cruderebounded from a drop of more than $1.20 to settle 30 cents higher at $107.88,its biggest weekly gain since Dec. 20. WTI CLc1 gave back some of its gains from Thursday to settle down 68 cents at $96.64. It settled 59 cents higher on Thursday. For a full report, double click on O/R - - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 802 7980)) Keywords: MORNINGCALL/