New Zealand/Australia Morning Call-Global markets

Tue, 25 Feb - 4:26am
-----------------------(07:25 / 1825 GMT)----------------------- 
 Stock Markets                                                   
S&P/ASX 200    5,440.22   +1.52  NZSX 50        4,969.65  +44.76 
DJIA          16,283.92 +180.62  Nikkei        14,837.68  -27.99 
NASDAQ         4,307.26  +43.85  FTSE           6,865.86  +27.80 
S&P 500        1,856.23  +19.98  Hang Seng     22,388.56 -179.68 
SPI 200 Fut    5,469.00  +46.00  TRJCRB Index     302.87   +1.29 
 
 Bonds                                                           
AU 10 YR Bond     4.186  +0.007  US 10 YR Bond     2.752  +0.018 
NZ 10 YR Bond     4.595  +0.000  US 30 YR Bond     3.709  +0.013 
 
 Currencies (Prev at 7pm NZST)                                   
AUD US$          0.9042  0.8967  NZD US$          0.8334  0.8285 
EUR US$          1.3737  1.3740  Yen US$          102.49  102.27 
 
 Commodities                                                     
Gold (Lon)      1334.75          Silver (Lon)     22.050         
Gold (NY)       1323.01          Light Crude      103.10         
---------------------------------------------------------------- 
 Overnight market action with latest New York figures. 
 
    EQUITIES 
    NEW YORK - U.S. stocks jumped 1 percent on Monday, with the 
S&P 500 climbing to an all-time high as optimism over merger 
activity helped Wall Street erase this year's early weakness. 
    The Dow Jones industrial average    was up 181.61 
points, or 1.13 percent, at 16,284.91. The Standard & Poor's 500 
Index    was up 21.09 points, or 1.15 percent, at 1,857.34. 
The Nasdaq Composite Index    was up 45.62 points, or 1.07 
percent, at 4,309.03.  
    For a full report, double click on  .N  
    - - - -  
    LONDON - Gains at mobile telecoms group Vodafone VOD.L and 
business supplies distributor Bunzl BNZL.L enabled Britain's top 
equity index to rise on Monday for the seventh straight session. 
    The blue-chip FTSE 100 index    closed up by 0.4 
percent, or 27.80 points, at 6,865.86 points - just 1.2 percent 
below its December 1999 record level of 6,950.60. 
    For a full report, double click on  .L  
    - - - -  
    TOKYO - Japan's Nikkei average eased from a three-week high 
in an erratic session on Monday as a firmer yen and weak Asian 
markets triggered profit-taking following recent sharp gains. 
    The benchmark Nikkei    closed down 0.2 percent at 
14,837.68, after surging 2.9 percent on Friday. 
    The broader Topix index     fell 0.3 percent to 
1,219.07, with 2.32 billion shares changing hands, among the 
lowest volume so far this year. 
    For a full report, double click on  .T  
    - - - -  
    FOREIGN EXCHANGE  
    NEW YORK - The dollar edged lower against a basket of major 
currencies on Monday as investors' risk appetite improved amid 
expectations that Ukraine would receive international aid, 
calming fears surrounding the heavily-indebted country. 
    The dollar index    was down slightly at 80.218 after 
posting its first weekly gain in three weeks. Expectations that 
Ukraine would receive aid from Western donors helped stoke 
investors' risk appetite. (Full Story) 
    The greenback also fell sharply against the so-called 
commodity currencies - the Australian   , Canadian    
and New Zealand dollars   .  
    For a full report, double click on  USD/  
    - - - -  
    TREASURIES  
    NEW YORK - U.S. Treasuries' prices changed little on Monday, 
with trading in the safe-haven asset class unaffected by 
political upheaval in Ukraine and mixed readings from big 
economies such as those of Germany and China. 
    In muted New York trading, benchmark 10-year U.S. Treasury 
   notes were off 2/32 in price, pushing the yield to 
2.742 percent. The thirty-year bond    was down 1/32 of 
a point in price, taking the yield to 3.693 percent. 
    For a full report, double click on  US/  
    - - - -  
    COMMODITIES  
    GOLD 
    NEW YORK - Gold rose to a near four-month high on Monday, 
adding to last week's gains as investors grew more anxious about 
the pace of the U.S. economic recovery and China's growth. 
    Spot gold    rose 1.1 percent to $1,337.40 an ounce in 
earlier trade, its highest since Oct. 31. It was trading at 
$1,336.00 by 1533 GMT, up 1 percent. 
    U.S. gold futures    for April delivery rose $10.20 an 
ounce to $1,333.90.  
    For a full report, double click on  GOL/  
    - - - -  
    BASE METALS 
    LONDON - Copper fell on Monday to its lowest in more than 
two weeks as data showed growth in new housing prices in China 
slowed in January and worries about credit restrictions in the 
country's huge property sector hurt the demand outlook for 
metals. 
    Three-month copper on the London Metal Exchange    
ended at $7,077 a tonne, down from a close of $7,155 on Friday. 
Earlier in the session it hit an intraday low of $7,033, its 
lowest since Feb. 6. 
    For a full report, double click on  MET/L  
    - - - -  
    OIL 
    NEW YORK - U.S. oil rose more than $1 on Monday, supported 
by upbeat economic data that fueled hopes for demand growth and 
expectations that supplies would continue to drain from the 
benchmark delivery point for the U.S. oil futures contract. 
    Brent crude    was up 75 cents at $110.60 a barrel by 
11:46 a.m. EST (1646 GMT), after ending higher for a second 
straight week. U.S. oil    was up $1.18 to $103.38, after 
climbing for the sixth week in its longest winning streak in 
more than a year. 
    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:20140224:nL3N0LT488:3
Topics: 
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