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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
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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 average fell 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
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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 100 closed 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
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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 Nikkei ended 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
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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 yen and
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/
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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 notes were 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/
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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 gold inched 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/
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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 Exchange
ended 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
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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 crude rebounded 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
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((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 802
7980))
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