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Stock Markets
S&P/ASX 200 5,317.57 -11.83 NZSX 50 5,088.03 +8.70
DJIA 16,235.88 +170.21 Nikkei 14,277.67 -49.99
NASDAQ 4,279.78 +34.39 FTSE 6,568.35 +40.46
S&P 500 1,857.90 +16.77 Hang Seng 21,539.49 -65.54
SPI 200 Fut 5,342.00 +20.00 TRJCRB Index 301.02 -1.87
Bonds (Yield)
AU 10 YR Bond 4.100 -0.045 US 10 YR Bond 2.696 +0.051
NZ 10 YR Bond 4.560 +0.020 US 30 YR Bond 3.631 +0.044
Currencies (Prev at 7pm NZST)
AUD US$ 0.9084 0.9050 NZD US$ 0.8563 0.8545
EUR US$ 1.3924 1.3902 Yen US$ 101.75 101.61
Commodities
Gold (Lon) 1378.50 Silver (Lon) 21.220
Gold (NY) 1381.74 Light Crude 98.03
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Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks climbed on Monday, with the S&P 500
bouncing from its worst weekly drop in the past seven as
concerns eased over the situation in Crimea, even as the region
voted to join Russia.
The Dow Jones industrial average rose 175.16 points
or 1.09 percent, to 16,240.83, the S&P 500 gained 17.02
points or 0.92 percent, to 1,858.15 and the Nasdaq Composite
added 43.086 points or 1.01 percent, to 4,288.483.
For a full report, double click on .N
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LONDON - Britain's top share index looked set to snap its
longest losing streak in 2-1/2 years on Monday after the
building sector surged on a government plan to pump more cash
into a scheme to boost construction.
The promise of better profits in the sector, one of the
best-performing this year, helped the FTSE 100 add 0.7
percent to 6,575.76 points, bouncing off Friday's one-month low
after a week in which it fell 2.8 percent. (Full Story)
For a full report, double click on .L
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TOKYO - Japan's Nikkei share average stumbled to a 6-week
low on Monday as escalating tensions in Ukraine soured investor
sentiment, although SoftBank Corp jumped after its
affiliate said it would go public in the United States.
The Nikkei slipped 0.4 percent to 14,277.67, hitting
its lowest closing level since February 6. The benchmark tumbled
3.3 percent on Friday and shed 6.2 percent last week, marking
the biggest weekly drop since last June.
For a full report, double click on .T
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SYDNEY - Australian shares are set to open higher on
Tuesday, rebounding off a one-month low as tension eases in
Crimea and the major miners find support as copper prices appear
to have steadied.
Share price index futures rose 0.4 percent to
5,345.0, a 27.4-point premium to the underlying S&P/ASX 200
index . The benchmark fell 0.2 percent on Monday to
5,317.6.
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FOREIGN EXCHANGE
NEW YORK - The safe-haven yen fell broadly on Monday after
the United States and the European Union imposed what investors
saw as modest economic sanctions against Russia and Ukraine
following Crimea's weekend vote to join Moscow.
The dollar, often a shelter for investors against global
stresses, was also down, with the dollar index , a measure
of the greenback's value against six major currencies, off 0.13
percent to 79.345 in afternoon trading.
In late New York trading, the dollar was up 0.3 percent
against the yen at 101.66 yen, rising after four days of
losses driven by investors buying the safe-haven Japanese
currency in the midst of the Russia-Ukraine crisis.
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasuries fell in price on Monday after
Sunday's referendum in Crimea passed without major violence,
reducing safety demand for U.S. government bonds, and before the
Federal Reserve's highly anticipated meeting on Tuesday and
Wednesday.
Benchmark 10-year notes fell 13/32 in price on
Monday to yield 2.69 percent, up from 2.65 percent late on
Friday and in the middle of a two-month long range that has kept
yields between 2.57 percent and 2.82 percent.
For a full report, double click on US/
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COMMODITIES
GOLD
LONDON - Gold prices fell on Monday as a sharp rally in U.S.
equities triggered profit-taking after bullion briefly rose to a
six-month high earlier in the day.
Spot gold was down 0.8 percent at $1,371.14 an ounce
by 1:57 p.m. EST (1757 GMT), having earlier hit its highest
since Sept. 9 at $1,391.76.
U.S. COMEX gold futures settled down $6.10 at
$1,372.90 an ounce, with trading volume on track to finish below
its 30-day average, preliminary Reuters data showed.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper was steady on Monday with buyers attracted
by low prices after a sharp drop last week, but persistent
concerns about top consumer China's growth outlook kept the
metal within sight of the near four-year low it hit last week.
Benchmark three-month copper on the London Metal
Exchange closed at $6,479 a tonne, off an intraday low of $6,410
a tonne and up a touch from a last bid of $6,468.50 on Friday.
For a full report, double click on MET/L
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OIL
NEW YORK - Brent oil futures fell by nearly $2 per barrel on
Monday as ample global supplies outweighed concerns over
continued tensions between Russia and the West over the fate of
Crimea.
U.S. crude futures settled down 81 cents, or 0.82
percent, at $98.08 per barrel.
Brent crude futures fell $1.88 to $106.33 per barrel
after tumbling by nearly $2 after Obama's brief address.
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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