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Stock Markets
S&P/ASX 200 5,400.23 +15.91 NZSX 50 5,033.26 +25.86
DJIA 16,386.44 +218.41 Nikkei 14,721.48 +69.25
NASDAQ 4,354.10 +76.80 FTSE 6,823.77 +115.42
S&P 500 1,872.37 +26.64 Hang Seng 22,657.63 +156.96
SPI 200 Fut 5,446.00 +41.00 TRJCRB Index 305.65 -0.19
Bonds
AU 10 YR Bond 4.064 +0.056 US 10 YR Bond 2.678 +0.070
NZ 10 YR Bond 4.550 -0.005 US 30 YR Bond 3.620 +0.062
Currencies (Prev at 7pm NZST)
AUD US$ 0.8939 0.8937 NZD US$ 0.8376 0.8377
EUR US$ 1.3734 1.3751 Yen US$ 102.18 101.80
Commodities
Gold (Lon) 1334.75 Silver (Lon) 21.150
Gold (NY) 1350.29 Light Crude 103.11
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Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks rallied on Tuesday, with the S&P 500
at a record high, as fears of a confrontation between Russia and
Ukraine eased and Russian President Vladimir Putin said there
was no need to use military force in the Crimea region for now.
The Dow Jones industrial average rose 192.01 points
or 1.19 percent, to 16,360.04, the S&P 500 gained 24.33
points or 1.32 percent, to 1,870.06 and the Nasdaq Composite
added 71.772 points or 1.68 percent, to 4,349.073.
For a full report, double click on .N
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LONDON - Britain's top share index rebounded from two-week
lows on Tuesday, recouping its losses in the previous session,
with the perception that tensions between Russia and Ukraine
were easing and robust earnings boosting investors' risk
appetite.
The blue-chip FTSE 100 index closed 1.7 percent
higher at 6,823.77 points after falling 1.5 percent on Monday
after Putin's secured parliamentary approval to send Russian
forces into Ukraine.
For a full report, double click on .L
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TOKYO - Japan's Nikkei average clawed higher on Tuesday,
snapping four days of losses as some foreign investors scooped
up battered shares, although concerns over mounting tensions in
Ukraine kept the market on edge.
The Nikkei closed up 0.5 percent at 14,721.48. After
jumping 57 percent in 2013, the benchmark is down almost 10
percent in the year to date, making it one of the worst
performers in the developed world.
For a full report, double click on .T
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FOREIGN EXCHANGE
NEW YORK - The yen fell against the dollar and the euro
while the ruble rebounded on Tuesday after signs that Russia may
be seeking to avoid further escalation of its military
involvement in Ukraine pared bids for safe-haven currencies.
The euro and the dollar rose against the yen to 140.310 and
102.00 , respectively. The euro rose 0.16
percent to $1.3757.
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasury debt prices fell on Tuesday as
Russian President Vladimir Putin said his country would use
military force in the Ukraine only as a last resort, prompting a
reversal in Monday's flight to safe assets like U.S. Treasuries.
Ten-year notes were down 13/32 in price, pulling
yields up to 2.653 percent from Monday's close of 2.608 percent.
Thirty-year bonds fell 24/32 in price, sending
yields to 3.598 percent from Monday's close of 3.558 percent.
For a full report, double click on US/
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COMMODITIES
GOLD
LONDON - Gold fell more than one percent on Tuesday,
retreating from the previous day's four-month high, after
President Vladimir Putin said Russia would only use military
force in Ukraine as a last resort.
Spot gold fell 1.3 percent to $1,333.50 by 1434 GMT
and was headed for its worst daily loss since Jan. 30. U.S. gold
futures GCv1 for April delivery were down $16.70 an ounce at
$1,333.50.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper rose to its highest in nearly a week on
Tuesday, after falling to three-month lows the day before, as a
possible softening in Russia's stance on Ukraine eased aversion
to assets perceived as risky.
Three-month copper on the London Metal Exchange hit
its highest since Feb. 26 at $7,068 in intraday trade. It ended
at $7,049.50 a tonne, up from a close of $6,968 in the previous
day. The metal used in power and construction hit a three-month
low of $6,944 a tonne on Monday.
For a full report, double click on MET/L
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OIL
NEW YORK - Oil fell on Tuesday after President Vladimir
Putin said Russia would only use military force in Ukraine as a
last resort, releasing some tension from a growing crisis in the
region that pushed prices to five-month highs in the previous
session.
April Brent crude fell $1.98 to $109.22 a barrel by
1613 GMT, after briefly falling $2.09 after Putin's remarks. The
European benchmark ended the previous session at its highest
close this year.
U.S. crude for April delivery fell $1.47 to $103.45
after rising to $105.22 on Monday, the highest level since
September. U.S. oil settled at its highest price since Sept. 19
on Monday.
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/