New Zealand/Australia Morning Call-Global markets

-----------------------(07:18 /1818 GMT)----------------------- 
Stock Markets                                                    
S&P/ASX 200    5,384.33  -20.49  NZSX 50       5,007.40  +17.37 
DJIA          16,143.44 -178.27  Nikkei       14,652.23 -188.84 
NASDAQ         4,266.63  -41.49  FTSE          6,708.35 -101.35 
S&P 500        1,843.91  -15.54  Hang Seng    22,500.67 -336.29 
SPI 200 Fut    5,374.00  -15.00  TRJCRB Index    305.11   +2.69 
 
 Bonds                                                           
AU 10 YR Bond     3.983  -0.007  US 10 YR Bond    2.607  -0.054 
NZ 10 YR Bond     4.550  +0.000  US 30 YR Bond    3.558  -0.036 
 
 Currencies (Prev at 7pm NZST)                                   
AUD US$          0.8928  0.8921  NZD US$         0.8362  0.8362 
EUR US$          1.3734  1.3788  Yen US$         101.44  101.38 
 
 Commodities                                                     
Gold (Lon)      1349.50          Silver (Lon)     21.460         
Gold (NY)       1325.79          Light Crude      104.32         
 --------------------------------------------------------------- 
    Overnight market action with latest New York figures. 
 
    EQUITIES 
    NEW YORK - U.S. stocks tumbled on Monday alongside other 
risky assets globally as Ukraine and Russia prepared for 
possible war after Russian President Vladimir Putin declared he 
had the right to invade his neighbor. 
     The Dow Jones industrial average    fell 207.75 points 
or 1.27 percent, to 16,113.96. The S&P 500    lost 19.45 
points or 1.05 percent, to 1,840. The Nasdaq Composite    
dropped 58.584 points or 1.36 percent, to 4,249.534. 
    For a full report, double click on  .N  
    - - - -  
    LONDON - Britain's top share index fell to a two-week low on 
Monday, led down by asset management firms as stocks most 
exposed to emerging markets fell on increasing tensions in 
Ukraine. 
    The FTSE 100    was down by 101.35 points, or 1.5 
percent, at 6,708.35 by the close, holding just above the 6,700 
level seen as significant by technical analysts. 
    For a full report, double click on  .L  
    - - - -  
    TOKYO - Japan's Nikkei average slid to a 1-1/2-week low on 
Monday as escalating tensions in Ukraine sparked risk aversion 
and a stronger yen hurt the mood, but the oil sector bucked the 
trend after crude prices rallied to multi-month highs. 
    The Nikkei    ended 1.3 percent lower at 14,652.23, its 
lowest close since Feb. 20. The index extended losses into a 
fourth day. 
    For a full report, double click on  .T  
    - - - -  
    FOREIGN EXCHANGE  
    NEW YORK - The dollar and yen gained on Monday as investors 
sought shelter in these currencies, as Russia's invasion of the 
Ukraine's Crimean peninsula fanned geopolitical tensions. 
    The Russian ruble fell to a record low against the dollar 
and euro. The dollar hit an all-time peak of 36.6750 rubles 
  , with the euro also touching a record high of 50.5300 
  . 
    For a full report, double click on  USD/  
    - - - -  
    TREASURIES  
    NEW YORK - U.S. Treasury debt prices rose on Monday as 
Russia's military intervention in Ukraine increased demand for 
safe-haven investments like U.S. government debt, pushing yields 
to the lowest in almost a month. 
    Ten-year notes    were up 15/32 in price, sending 
yields down to 2.608 percent, from Friday's close of 2.66 
percent. Thirty-year bonds    rose 23/32 in price, 
pushing yields down to 3.556 percent from Friday's close of 
3.594 percent. 
    For a full report, double click on  US/  
    - - - -  
    COMMODITIES  
    GOLD 
    NEW YORK - Gold surged 2 percent to a four-month high on 
Monday as escalating military tension between Ukraine and Russia 
bolstered demand for assets perceived to be relatively safe as 
investors sold riskier investments such as equities. 
    Spot gold    rose as high as $1,354.80 an ounce, its 
loftiest since Oct. 30. It was trading at $1,351.91, up 2 
percent, at 1740 GMT, heading for its biggest daily gain since 
Jan. 23. 
    For a full report, double click on  GOL/  
    - - - -  
    BASE METALS 
    LONDON - Copper plumbed three-month lows on Monday after 
data showed a modest cooling in factory activity in China, the 
world's top consumer of the metal, and as the dollar rose versus 
the euro on the threat of war between Ukraine and Russia. 
    Three-month copper on the London Metal Exchange    fell 
0.53 percent to $6,968 a tonne at the close, having earlier 
reached as low as $6,944 a tonne, the weakest since Dec. 3. 
Copper is down more than 5 percent this year. 
    For a full report, double click on  MET/L  
    - - - -  
    OIL 
    NEW YORK - Crude oil prices rose by more than $2 a barrel on 
Monday as tensions mounted amid Russian military intervention on 
the Crimean peninsula. 
    Brent crude    spiked to an intra-session peak of 
$112.39 per barrel, its highest since Dec. 30, and was up $2.30 
at $111.37 by 1714 GMT. 
    U.S. crude    jumped as much as $2.63 to a high of 
$105.22 a barrel, before easing to $104.65. 
    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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