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Stock Markets
S&P/ASX 200 5,240.93 -22.06 NZSX 50 4,853.80 +9.36
DJIA 15,845.78 -33.33 Nikkei 15,005.73 -385.83
NASDAQ 4,076.50 -51.67 FTSE 6,550.66 -113.08
S&P 500 1,781.07 -9.22 Hang Seng 21,976.10 -473.96
SPI 200 Fut 5,107.00 -50.00 TRJCRB Index 280.30 -2.23
Bonds
AU 10 YR Bond 4.049 -0.007 US 10 YR Bond 2.748 +0.013
NZ 10 YR Bond 4.580 +0.000 US 30 YR Bond 3.664 +0.012
Currencies (Prev at 7pm NZST)
AUD US$ 0.8730 0.8724 NZD US$ 0.8226 0.8242
EUR US$ 1.3676 1.3679 Yen US$ 102.44 102.48
Commodities
Gold (Lon) 1260.50 Silver (Lon) 19.830
Gold (NY) 1268.64 Light Crude 95.50
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Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks fell on Monday, extending last week's
steep selloff, as weaker-than-expected new home sales data and
ongoing concerns about emerging markets weighed on investor
sentiment.
The Dow Jones industrial average fell 58.02 points or
0.37 percent, to 15,821.09, the S&P 500 lost 12.95 points
or 0.72 percent, to 1,777.34 and the Nasdaq Composite
dropped 61.438 points or 1.49 percent, to 4,066.736.
For a full report, double click on .N
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LONDON - Britain's FTSE 100 slipped to fresh five-week lows
on Monday, extending last week's falls on the back of turmoil in
emerging markets and steep slumps in oil and gas firm BG Group
BG.L and Vodafone VOD.L.
The FTSE closed down 113.08 points, or 1.7 percent,
at 6,550.66, adding to last week's 2.4 percent fall, as worries
over emerging markets continued to roil global equity markets.
For a full report, double click on .L
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TOKYO - Japan's Nikkei average tumbled to a two-month low on
Monday as the yen soared and global equities dropped on concerns
about a selloff in emerging-market assets, dragging down futures
and index-heavyweight stocks.
The Nikkei ended 2.5 percent lower at 15,005.73, the
lowest closing level since Nov. 14. It fell as much as 3 percent
earlier. (Full Story)
The Topix fell 2.8 percent to 1,229.23, with all of
its 33 subsectors in negative territory. Volume was high, with
3.265 billion shares changing hands, the highest since Jan. 10.
For a full report, double click on .T
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FOREIGN EXCHANGE
NEW YORK - The dollar held steady against the yen and the
Swiss franc on Monday, stabilizing against those safe-haven
currencies after losses last week stemming from a selloff in
emerging markets assets picked up pace.
A rebound in two-year Treasury yields helped the
dollar to 102.39 yen , up 0.1 percent on the day. It had
fallen to 101.77 yen, its lowest since early December, in early
Asian trade when liquidity was thin.
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasuries prices were little changed on
Monday, paring earlier losses after data showing sales of new
U.S. single-family homes fell more than expected in December.
Benchmark 10-year Treasury notes were slightly
lower in price with a yield of 2.739 percent, up from an earlier
yield of 2.71 percent.
For a full report, double click on US/
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COMMODITIES
GOLD
LONDON - Gold prices eased on Monday, retreating from the
10-week highs they hit overnight on the back of weakness in
global stocks, as traders cashed in gains in the metal ahead of
a key Federal Reserve meeting this week.
Spot gold was at $1,260.30 an ounce by 1503 GMT, down
0.7 percent, having hit its highest since mid-November overnight
at $1,278.01. U.S. gold futures for February delivery
were down $4 an ounce at $1,260.30.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper hit its lowest in seven weeks on Monday,
hurt by concerns about top consumer China's economic slowdown
and its shadow banking sector, coupled with expectations the
U.S. Federal Reserve will scale back its bond buying further.
Three-month copper on the London Metal Exchange
ended at $7,150 a tonne, its lowest since Dec. 11 and down 0.4
percent from Friday's close.
For a full report, double click on MET/L
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OIL
NEW YORK - Oil prices fell more than $1 on Monday as
investors continued to dump risky assets on worries about weaker
growth in emerging markets.
Brent crude was down $1.10 at $106.78 a barrel at
12:15 p.m. EST (1715 GMT). Brent's premium to U.S. oil narrowed
slightly on Monday to $11.11 from a Friday settlement of $11.24.
The spread had traded as tightly as $9.47, its lowest price in
more than two months, on Friday.
U.S. crude oil futures O/R
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((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 802
7980))
Keywords: MORNINGCALL/