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Stock Markets
S&P/ASX 200 5,336.63 -10.27 NZSX 50 5,130.70 +12.08
DJIA 16,378.71 +102.02 Nikkei 14,423.19 -52.11
NASDAQ 4,234.40 +8.01 FTSE 6,604.89 +84.50
S&P 500 1,865.32 +7.88 Hang Seng 21,732.32 -114.13
SPI 200 Fut 5,357.00 +19.00 TRJCRB Index 300.78 +1.25
Bonds
AU 10 YR Bond 4.105 -0.028 US 10 YR Bond 2.732 -0.003
NZ 10 YR Bond 4.640 +0.000 US 30 YR Bond 3.579 +0.006
Currencies (Prev at 7pm NZST)
AUD US$ 0.9167 0.9124 NZD US$ 0.8576 0.8546
EUR US$ 1.3824 1.3831 Yen US$ 102.22 102.23
Commodities
Gold (Lon) 1313.50 Silver (Lon) 20.000
Gold (NY) 1309.12 Light Crude 99.15
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Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks sharply trimmed gains by midday on
Tuesday as many of the market's momentum stocks turned negative.
The Dow Jones industrial average was up 49.55 points,
or 0.30 percent, at 16,326.24. The Standard & Poor's 500 Index
was up 3.30 points, or 0.18 percent, at 1,860.74. The
Nasdaq Composite Index was down 6.83 points, or 0.16
percent, at 4,219.55.
For a full report, double click on .N
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LONDON - UK shares rose on Tuesday, bouncing off of a
six-week closing low, after Kingfisher and easyJet posted
updates that raised optimism about the outlook for corporate
earnings this year.
They helped the FTSE 100 index advance 84.50 points,
or 1.3 percent, to 6,604.89 points.
For a full report, double click on .L
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TOKYO - Japan's Nikkei share average dropped on Tuesday as a
weak U.S. manufacturing survey and worries about the Ukraine
crisis soured sentiment, though gains in small-sized companies
limited the losses.
The benchmark Nikkei ended 0.4 percent lower at
14,423.19 in a choppy session, and remained below its 200-day
moving average of 14,509.61.
The broader Topix gained 0.1 percent to 1,163.70,
while the JPX-Nikkei Index 400 , an index comprised
of companies with a high return on equity and robust corporate
governance, rose 0.1 percent to 10,531.93.
For a full report, double click on .T
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FOREIGN EXCHANGE
NEW YORK - The dollar rose against a basket of major
currencies on Tuesday after European Central Bank policymakers
signaled the potential for more monetary easing, while strong
U.S. consumer confidence figures supported the dollar's gains.
The U.S. dollar index , which measures the dollar
against six major currencies, was last up 0.2 percent. The euro
was last down 0.35 percent against the dollar to trade at
$1.379, while the dollar was last up 0.08 percent against the
yen to trade at 102.32.
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasuries investors pulled back on bets
that the Treasuries yield curve will continue to flatten on
Tuesday as they prepared for $96 billion in new short- and
intermediate-dated debt this week, beginning with a $32 billion
sale of two-year notes.
Five-year note yields dropped to 1.72 percent on
Tuesday, after increasing to 1.77 percent on Monday, the highest
level since Jan. 9.
Benchmark 10-year notes fell 3/32 in price to
yield 2.76 percent, up from 2.74 percent late on Monday, and
30-year bonds dropped 15/32 in price to yield 3.59
percent, down from 3.57 percent.
For a full report, double click on US/
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COMMODITIES
GOLD
LONDON - Gold dipped to its lowest in more than five weeks
on Tuesday, as the dollar edged higher after stronger than
forecast U.S. consumer confidence data and on expectations of
higher U.S. interest rates in the first half of 2015.
Gold prices then gained 0.1 percent to $1,310.86 by
1602 GMT, after European Central Bank (ECB) governing council
member and Bundesbank chief Jens Weidmann said negative interest
rates were an option the bank could use to counter strong gains
in the single currency. (Full Story)
U.S. gold futures were up $0.5 to $1,311.80 an
ounce.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper rose to its highest level in two weeks on
Tuesday, supported by prospects that big commodities consumer
China will act to support its slowing economy and by improved
risk appetite in wider markets.
Three-month copper on the London Metal Exchange
ended up 2.01 percent at $6,603 a tonne. It rose to $6,623.75 a
tonne in intraday trading on Tuesday, the highest level since
March 11.
For a full report, double click on MET/L
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OIL
NEW YORK - Brent crude oil futures rose on Tuesday on
renewed geopolitical risk over Russia and supply disruptions in
Nigeria and Libya, while U.S. crude was pressured by a stronger
U.S. dollar.
Brent crude rose 35 cents to $107.16 by 1:08 p.m.
EDT (1708 GMT). U.S. crude rose as much as 77 cents
immediately following Obama's speech, but reversed gains to
trade lower on a stronger U.S. dollar. It was last trading 15
cents lower at $99.44 per barrel.
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/