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Stock Markets
S&P/ASX 200 5,175.11 -65.82 NZSX 50 4,848.44 +3.03
DJIA 15,927.21 +89.33 Nikkei 14,980.16 -25.57
NASDAQ 4,087.22 +3.61 FTSE 6,572.33 +21.67
S&P 500 1,790.79 +9.23 Hang Seng 21,960.64 -15.46
SPI 200 Fut 5,128.00 -5.00 TRJCRB Index 282.07 +2.36
Bonds
AU 10 YR Bond 4.063 +0.024 US 10 YR Bond 2.764 -0.002
NZ 10 YR Bond 4.595 +0.000 US 30 YR Bond 3.690 +0.010
Currencies (Prev at 7pm NZST)
AUD US$ 0.8776 0.8774 NZD US$ 0.8261 0.8267
EUR US$ 1.3659 1.3685 Yen US$ 102.89 102.61
Commodities
Gold (Lon) 1251.25 Silver (Lon) 19.720
Gold (NY) 1256.44 Light Crude 97.33
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Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks edged up on Tuesday after a
three-session decline on the S&P 500, but an unexpected drop in
durable goods orders in December and disappointing iPhone sales
at tech giant Apple kept investors on edge ahead of a two-day
Federal Reserve meeting.
In a rebound on Tuesday, the Dow Jones industrial average
rose 61.14 points or 0.39 percent, to 15,899.02, the S&P
500 gained 8.12 points or 0.46 percent, to 1,789.68 and
the Nasdaq Composite added 6.035 points or 0.15 percent,
to 4,089.644.
For a full report, double click on .N
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LONDON - Britain's blue chip shares picked up on Tuesday
from five-week lows after finding strong technical support in
the face of easing tensions in emerging markets and prospects of
mergers and acquisitions.
The broad FTSE 100 closed up 21.67 points, or 0.3 percent at
6,572.33 points, rebounding from technical support at the
200-day moving average around 6,556.64 points .
For a full report, double click on .L
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TOKYO - Japan's Nikkei average fell to a fresh two-month low
on Tuesday as investors stayed cautious before the Federal
Reserve's policy meeting, while suppliers to Apple Inc took a
hit after the tech giant's iPhone sales and revenue forecast
fell short.
The Nikkei shed 0.2 percent to 14,980.16, its lowest
close since Nov. 14, having erased earlier gains.
For a full report, double click on .T
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FOREIGN EXCHANGE
NEW YORK - The dollar rose modestly against the yen and euro
on Tuesday as investors stepped back into stock and emerging
markets whose recent sell-off drove money into safehaven
currencies.
The dollar rose 0.2 percent against the yen at 102.79
yen after hitting a seven-week low last Friday.
The euro dipped 0.04 percent against the greenback at
$1.3661, retreating from about 3-1/2-week high set last Friday.
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasuries prices were little changed on
Tuesday before a $32 billion auction of two-year fixed-rate
notes and as investors awaited the outcome of a two-day Federal
Reserve policy meeting.
Prices on benchmark 10-year Treasury notes were
little changed from Monday, with the yield at 2.764 percent.
For a full report, double click on US/
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COMMODITIES
GOLD
LONDON - Gold prices eased on Tuesday, extending the
previous session's 1 percent drop, as global equities rebounded
from their lowest in over a month and emerging markets
stabilised after three days of intense selling.
Spot gold was down 0.4 percent at $1,251.50 an ounce
at 1543 GMT, while U.S. gold futures for February
delivery were down $11.60 an ounce at $1,251.80. The metal hit a
10-week high of $1,278.01 in Asian trading hours on Monday.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper rose on Tuesday, off seven-week lows, due to
tight supplies and steadying financial markets following a
sell-off in risk assets triggered by concerns about China's
growth and the withdrawal of U.S. monetary stimulus.
Three-month copper on the London Metal Exchange rose
0.40 percent to $7,176 a tonne, bringing losses for the year
down to 2.5 percent.
For a full report, double click on MET/L
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OIL
NEW YORK - U.S. crude oil futures rose nearly $2 on Tuesday,
narrowing their discount to European Brent as traders expected
data to show supplies were draining from the contract's
benchmark delivery point.
Brent crude touched a high of $107.79 a barrel, up
$1.10, but slipped to $107.24 by 12:27 p.m. EST (1727 GMT). On
Monday, Brent fell $1.19, its biggest loss since Jan. 2.
U.S. light crude oil touched a high of $97.66, up
$1.94, before slipping slightly to trade $1.60 higher at $97.32.
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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