New Zealand/Australia Morning Call-Global markets

Fri, 07 Feb - 4:24am
----------------------(07:21 / 1821 GMT)----------------------- 
 Stock Markets                                                   
S&P/ASX 200    5,131.40  +61.09  NZSX 50       4,807.94   +5.32 
DJIA          15,579.74 +139.51  Nikkei       14,155.12  -25.26 
NASDAQ         4,049.83  +38.28  FTSE          6,558.28 +100.39 
S&P 500        1,767.79  +16.15  Hang Seng    21,423.13 +153.75 
SPI 200 Fut    5,111.00  +29.00  TRJCRB Index    287.20   +0.10 
 
 Bonds                                                           
AU 10 YR Bond     4.166  +0.075  US 10 YR Bond    2.697  +0.029 
NZ 10 YR Bond     4.550  +0.000  US 30 YR Bond    3.670  +0.017 
 
 Currencies (Prev at 7pm NZST)                                   
AUD US$          0.8975  0.8969  NZD US$         0.8270  0.8240 
EUR US$          1.3594  1.3519  Yen US$         101.89  101.44 
 
 Commodities                                                     
Gold (Lon)      1256.50          Silver (Lon)     20.140         
Gold (NY)       1257.65          Light Crude       97.54         
 --------------------------------------------------------------- 
 Overnight market action with latest New York figures. 
 
    EQUITIES 
    NEW YORK - U.S. stocks rose on Thursday after a 
better-than-expected report on weekly initial jobless claims 
boosted confidence in the economy and Disney rose after its 
quarterly results.  
    The Dow Jones industrial average    rose 162.59 points 
or 1.05 percent, to 15,602.82, the S&P 500    gained 17.88 
points or 1.02 percent, to 1,769.52 and the Nasdaq Composite 
   added 50.147 points or 1.25 percent, to 4,061.699. 
    For a full report, double click on  .N  
    - - - -  
    LONDON - Britain's top equity index rose for a second 
straight day on Thursday, led by strong gains from heavyweight 
telecoms group    which helped the market recover its poise 
after a recent five-day losing streak. 
    The blue-chip FTSE 100 index   , which had fallen for 
five straight days during the past two weeks, closed up 100.39 
points, or 1.6 percent, at 6,558.28 points. 
    For a full report, double click on  .L  
    - - - -  
    TOKYO - Japan's Nikkei average fell on Thursday in a choppy 
session, erasing earlier gains as investors stayed cautious 
before the U.S. nonfarm payrolls report due on Friday, 
offsetting buying in companies with strong earnings prospects 
like Mazda Motor. 
    The Nikkei    ended down 0.2 percent at 14,155.12, 
hovering near a four-month low of 13,995.86 hit the previous 
day. 
    For a full report, double click on  .T  
    - - - -  
    FOREIGN EXCHANGE  
    NEW YORK - The euro rallied on Thursday after European 
Central Bank President Mario Draghi said there is no euro zone 
deflation problem, following the bank's decision to leave 
interest rates unchanged and wait for more data before taking 
action. 
    The market was largely betting the other way on the ECB, 
expecting either a rate cut or a strong signal from Draghi that 
this was a prospect. It got neither and that set off the euro's 
short-covering rally to hit a one-week high of $1.36190, up 0.56 
percent, against the U.S. dollar   , according to EBS 
data. The euro hit a two-month low on Monday 
    For a full report, double click on  USD/  
    - - - -  
    TREASURIES  
    NEW YORK - U.S. Treasuries yields edged up on Thursday in 
choppy trading after European Central Bank President Mario 
Draghi gave no hint of imminent monetary policy easing in 
initial remarks after holding rates steady, and as investors 
positioned for Friday's highly anticipated jobs report for 
January. 
    Benchmark 10-year Treasuries yields    were last 
down 6/32 in price to yield 2.69 percent. The yields have 
dropped from more than 3 percent at the beginning of the year 
and traded as low as 2.57 percent on Monday, the lowest since 
Nov. 1. 
    For a full report, double click on  US/  
    - - - -  
    COMMODITIES  
    GOLD 
    LONDON - Gold prices steadied on Thursday, supported by a 
rally in the euro versus the dollar but held in check by a 
firmer tone to stock markets, and by caution ahead of a U.S. 
jobs report on Friday. 
    Spot gold    was up 0.1 percent at $1,258.20 an ounce by 
1445 GMT. Gold rose around $20 an ounce to a near two-week high 
of $1,273.26 on Wednesday after a disappointing U.S. jobs 
report, but quickly fell back from that level. 
    For a full report, double click on  GOL/  
    - - - -  
    BASE METALS 
    LONDON - Copper firmed on Thursday on a stronger euro, 
expectations of a pickup in prices when top consumer China 
returns from holiday on Friday and relative calm in volatile 
emerging markets. 
    Three-month copper on the London Metal Exchange    
closed at $7,130 a tonne after touching a session high of 
$7,120. Prices hit a two-month low on Tuesday at $7,016 and are 
down around 4 percent on the year. 
    For a full report, double click on  MET/L  
    - - - -  
    OIL 
    NEW YORK - Oil futures rose on Thursday supported by 
positive U.S. economic data, a rise in U.S. gasoline futures and 
strikes at oil ports in France that curbed supplies. 
    Brent for March delivery    was trading 67 cents higher 
at $106.92 a barrel at 1731 GMT, having reached a high of 
$107.30 earlier in the session after the ECB comments. 
U.S. crude    was up 78 cents at $98.16 a barrel after 
rising as high as $98.83. 
    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:20140206:nL3N0LB4N4:3
Topics: 
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