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Stock Markets
S&P/ASX 200 5,384.33 -20.49 NZSX 50 5,007.40 +17.37
DJIA 16,151.11 -170.60 Nikkei 14,652.23 -188.84
NASDAQ 4,272.95 -35.17 FTSE 6,708.35 -101.35
S&P 500 1,844.70 -14.75 Hang Seng 22,836.96 -336.29
SPI 200 Fut 5,373.00 -16.00 TRJCRB Index 305.85 +3.42
Bonds (Yield)
AU 10 YR Bond 3.920 +0.000 US 10 YR Bond 2.607 -0.054
NZ 10 YR Bond 4.550 +0.000 US 30 YR Bond 3.560 -0.034
Currencies (Prev at 7pm NZST)
AUD US$ 0.8930 0.8921 NZD US$ 0.8365 0.8362
EUR US$ 1.3734 1.3788 Yen US$ 101.42 101.38
Commodities
Gold (Lon) 1349.50 Silver (Lon) 21.460
Gold (NY) 1325.79 Light Crude 104.80
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Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks tumbled on Monday alongside other
risky assets globally as Ukraine and Russia prepared for
possible war after Russian President Vladimir Putin declared he
had the right to invade his neighbor.
The Dow Jones industrial average fell 207.75 points
or 1.27 percent, to 16,113.96. The S&P 500 lost 19.45
points or 1.05 percent, to 1,840. The Nasdaq Composite
dropped 58.584 points or 1.36 percent, to 4,249.534.
For a full report, double click on .N
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LONDON - Britain's top share index fell to a two-week low on
Monday, led down by asset management firms as stocks most
exposed to emerging markets fell on increasing tensions in
Ukraine.
The FTSE 100 was down by 101.35 points, or 1.5
percent, at 6,708.35 by the close, holding just above the 6,700
level seen as significant by technical analysts.
For a full report, double click on .L
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TOKYO - Japan's Nikkei average slid to a 1-1/2-week low on
Monday as escalating tensions in Ukraine sparked risk aversion
and a stronger yen hurt the mood, but the oil sector bucked the
trend after crude prices rallied to multi-month highs.
The Nikkei ended 1.3 percent lower at 14,652.23, its
lowest close since Feb. 20. The index extended losses into a
fourth day.
For a full report, double click on .T
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SYDNEY - Australian shares are set to open a touch weaker on
Tuesday with global investors avoiding risk assets and seeking
shelter in gold, the U.S. dollar and U.S. treasuries amid
escalating tension between Ukraine and Russia.
Qantas Airways could find support after the
Australian government agreed to loosen restrictions on foreign
ownership of the national carrier and allow it to move more
maintenance operations offshore.
Local share price index futures slipped 0.3 percent
to 5,373.0, an 11.3-point discount to the underlying S&P/ASX 200
index . The benchmark fell 0.4 percent on Monday.
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FOREIGN EXCHANGE
NEW YORK - The dollar and yen gained on Monday as investors
sought shelter in these currencies, as Russia's invasion of the
Ukraine's Crimean peninsula fanned geopolitical tensions.
The Russian ruble fell to a record low against the dollar
and euro. The dollar hit an all-time peak of 36.6750 rubles
, with the euro also touching a record high of 50.5300
.
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasury debt prices rose on Monday as
Russia's military intervention in Ukraine boosted demand for
safe-haven investments like U.S. government debt, pushing yields
down to their lowest in almost a month.
Tension in the region drove Treasury volume up overnight and
sent 10-year yields to 2.5920 percent, the lowest since Feb. 4.
Ten-year notes were up 15/32 in price, sending
yields down to 2.607 percent, from Friday's close of 2.66
percent. Thirty-year bonds rose 20/32 in price,
pushing yields down to 3.560 percent from Friday's close of
3.594 percent.
For a full report, double click on US/
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COMMODITIES
GOLD
NEW YORK - Gold surged 2 percent to a four-month high on
Monday as escalating military tension between Ukraine and Russia
bolstered demand for assets perceived to be relatively safe as
investors sold riskier investments such as equities.
Spot gold rose as high as $1,354.80 an ounce, its
loftiest since Oct. 30. It was trading at $1,351.91, up 2
percent, at 1740 GMT, heading for its biggest daily gain since
Jan. 23.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper plumbed three-month lows on Monday after
data showed a modest cooling in factory activity in China, the
world's top consumer of the metal, and as the dollar rose versus
the euro on the threat of war between Ukraine and Russia.
Three-month copper on the London Metal Exchange fell
0.53 percent to $6,968 a tonne at the close, having earlier
reached as low as $6,944 a tonne, the weakest since Dec. 3.
Copper is down more than 5 percent this year.
For a full report, double click on MET/L
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OIL
NEW YORK - Crude oil prices rose around $2 a barrel on
Monday as tensions mounted amid Russian military intervention on
the Crimean peninsula.
Russia is one of the world's biggest oil producers, and
while analysts said it was unlikely Russian oil supplies would
be disrupted by the Ukraine crisis, global oil prices rose as
investors pulled out of riskier assets such as stocks.
Brent crude spiked $3.32 to an intra-session peak of
$112.39 per barrel, its highest since Dec. 30. It has pared
gains to a rise of $1.72 to $110.79 by 1:17 p.m. EST (1817 GMT).
U.S. crude jumped as much as $2.63 to a high of
$105.22 a barrel, before easing to an increased of $1.74 to
$104.32 a 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))
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