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Stock Markets
S&P/ASX 200 5,229.01 +53.90 NZSX 50 4882.72 +34.28
DJIA 15,789.72 -138.84 Nikkei 15,383.91 +403.75
NASDAQ 4,070.50 -27.46 FTSE 6,544.28 -28.05
S&P 500 1,780.37 -12.13 Hang Seng 22,141.61 +180.97
SPI 200 Fut 5,118.00 -56.00 TRJCRB Index 282.61 +0.43
Bonds
AU 10 YR Bond 4.038 -0.080 US 10 YR Bond 2.711 -0.037
NZ 10 YR Bond 4.625 +0.000 US 30 YR Bond 3.656 -0.016
Currencies (Prev at 7pm NZST)
AUD US$ 0.8755 0.8808 NZD US$ 0.8268 0.8281
EUR US$ 1.3659 1.3661 Yen US$ 102.17 103.26
Commodities
Gold (Lon) 1264.00 Silver (Lon) 19.680
Gold (NY) 1256.21 Light Crude 97.01
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Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks fell on Wednesday, along with markets
around the world, on concerns that bold efforts by Turkey and
South Africa to stabilize their currencies may not be enough to
staunch a cycle of selling in emerging markets.
The Dow Jones industrial average fell 147.38 points,
or 0.93 percent, to 15,781.18, the S&P 500 lost 14.6
points, or 0.81 percent, to 1,777.9 and the Nasdaq Composite
dropped 34.185 points, or 0.83 percent, to 4,063.777.
For a full report, double click on .N
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LONDON - Britain's top share index sank to its lowest
closing level in six weeks on Wednesday, on investor concern
about the effect a further reduction of U.S. monetary stimulus
would have on emerging markets.
The FTSE 100 ended down 28.05 points, or 0.4
percent, at 6,544.28 points , its lowest close since Dec. 18,
having swung in a wide range between 6,482-6,645 during the
session.
For a full report, double click on .L
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TOKYO - Japan's Nikkei share average jumped 2.7 percent on
Wednesday, its biggest gain in almost five months, after
Turkey's huge hike in interest rates halted selling in emerging
markets and bolstered risk appetite.
The Nikkei rose to 15,383.91 , moving away from a
2-1/2 month low just below 15,000 set on Monday and snapping a
four-session losing streak.
For a full report, double click on .T
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FOREIGN EXCHANGE
NEW YORK - The dollar weakened against the yen and Swiss
franc on Wednesday as traders reckoned emergency action taken to
stall the fall of the Turkish currency would not be enough to
calm jitters over global emerging markets ahead of an expected
U.S. Federal Reserve move to pare stimulus.
After recovering another half a percent against the yen
overnight, the dollar turned 0.7 percent lower at 102.26 yen
, holding above the seven-week low set on Monday.
The dollar edged down 0.2 percent against the Swiss franc at
0.8955 franc .
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasuries prices rose on Wednesday on
expectations that a further pullback in the U.S. Federal
Reserve's bond-buying would cause more pain for emerging market
assets, leading investors to favor safe-haven bonds.
Benchmark 10-year Treasury notes were last up
9/32 in price to yield 2.715 percent, up in price from a yield
of 2.748 percent late on Tuesday. Bond yields move inversely to
their prices.
For a full report, double click on US/
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COMMODITIES
GOLD
NEW YORK - Gold rose on Wednesday as stock markets
surrendered early gains to fall ahead of a policy statement from
the Federal Reserve, with traders awaiting news on whether the
U.S. central bank will further cut its bond-buying programme.
Spot gold was up 0.5 percent at $1,263.05 an ounce at
1502 GMT, off an early low of $1,249.04. U.S. gold futures
for February delivery rose $13.10 an ounce to $1,263.90.
For a full report, double click on GOL/
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BASE METALS
LONDON - Aluminium touched its weakest levels in more than
four years on Wednesday on persistent worries of overproduction
while copper dropped for a sixth session ahead of the week-long
Lunar New Year holiday in Asia.
Three-month aluminium on the London Metal Exchange
touched a low of $1,735.25 a tonne, the weakest since July 2009.
For a full report, double click on MET/L
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OIL
LONDON - Brent crude oil traded above $107 a barrel on
Wednesday as investors waited to hear the latest development in
U.S. monetary stimulus programme, with prices supported as
concerns of turmoil in emerging economies eased.
Brent was up by 30 cents to $107.71 per barrel as of
1538 GMT. U.S. oil was down 11 cents to $97.30, after
settling at its highest since Dec. 31.
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))
Keywords: MORNINGCALL/