RPT-UPDATE 1-New Zealand/Australia Morning Call-Global markets

Fri, 10 Jan - 5:46am

(Repeats to additional subscribers without change) -----------------------(06:42 / 1942 GMT)----------------------- Stock Markets S&P/ASX 200 5,324.41 +8.36 NZSX 50 4,814.87 +35.07 DJIA 16,424.78 -37.96 Nikkei 15,880.33 -241.12 NASDAQ 4,147.02 -18.60 FTSE 6,691.34 -30.44 S&P 500 1,834.27 -3.22 Hang Seng 22,996.59 -209.26 SPI 200 Fut 5,281.00 -12.00 TRJCRB Index 272.29 -2.56

Bonds (Yield) AU 10 YR Bond 4.255 +0.015 US 10 YR Bond 2.967 -0.026 NZ 10 YR Bond 4.765 -0.005 US 30 YR Bond 3.878 -0.027

Currencies (Prev at 7pm NZST) AUD US$ 0.8887 0.8873 NZD US$ 0.8238 0.8255 EUR US$ 1.3585 1.3593 Yen US$ 104.74 104.89

Commodities Gold (Lon) 1226.00 Silver (Lon) 19.540 Gold (NY) 1225.71 Light Crude 91.87

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Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks were little changed in choppy trade on Thursday as a soft performance by retailers offset earlier enthusiasm about an upbeat report on the labor market.

The Dow Jones industrial average .DJI fell 16.03 points or 0.1 percent, to 16,446.71, the S&P 500 .SPX lost 1.01 points or 0.05 percent, to 1,836.48 and the Nasdaq Composite .IXIC dropped 8.03 points or 0.19 percent, to 4,157.581.

For a full report, double click on Href="NewsSearch">.N

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LONDON - Britain's FTSE 100 .FTSE fell on Thursday and underperformed shares in southern Europe, as a rise in the pound against the euro hampered prospects for the index's exporters and most retailers fell after weak Christmas updates.

The FTSE 100 closed down 30.44 points, or 0.5 percent, at 6,691.34 points, breaking below the 6,700 mark in the afternoon as U.S. stocks fell.

For a full report, double click on Href="NewsSearch">.L

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TOKYO - Japan's Nikkei stock average shed 1.5 percent on Thursday after the previous session's bounce, as investors stayed risk averse ahead of a key U.S. jobs report the following day.

The Nikkei .N225 ended 241.12 points lower at 15,880.33 after climbing 1.9 percent on Wednesday to snap losses on the first two trading days of 2014. Tokyo stock markets began this year's trading on Monday.

For a full report, double click on Href="NewsSearch">.T

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SYDNEY - Australian shares are seen dipping in early trade on Friday as a lack of leads from Wall Street and a fall in commodities prices may leave investors cautious.

Local share price index futures YAPcm1 fell 0.2 percent, a 43.4-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.2 percent on Thursday.

FOREIGN EXCHANGE

NEW YORK - The euro traded marginally higher against the dollar on Thursday, recovering from a sharp sell-off spurred by cautious comments made by European Central Bank President Mario Draghi after the bank left interest rates at record lows.

The euro fell as low as $1.3547, its lowest since Dec. 5, after Draghi's comments. It last traded at $1.3594 EUR= , up 0.1 percent on the day. Against the yen, the single currency also traded up 0.1 percent at 142.48 EURJPY= .

For a full report, double click on Href="NewsSearch">USD/

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TREASURIES

NEW YORK - U.S. Treasuries prices rose on Thursday as a $13 billion auction of 30-year bonds drew solid investor demand, even as the recent wave of upbeat economic data have signaled bond yields might climb higher.

Benchmark 10-year Treasury notes US10YT=RR last traded up 5/32 price to yield 2.975 percent, down 2 basis point from late on Wednesday.

For a full report, double click on Href="NewsSearch">US/

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COMMODITIES

GOLD

LONDON - Gold prices steadied on Thursday after two days of losses as traders took to the sidelines ahead of a key U.S. employment report on Friday, which will be closely watched for clues on the outlook for Federal Reserve policy.

Spot gold XAU= was at $1,226.81 an ounce at 1510 GMT, little changed from Wednesday, while U.S. gold futures GCv1 for February delivery were up 90 cents an ounce at $1,226.40.

For a full report, double click on Href="NewsSearch">GOL/

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BASE METALS

LONDON - Copper prices fell to two-week lows on Thursday after upbeat jobs data increased expectations that the U.S. Federal Reserve could scale back its economy stimulus programme more aggressively than anticipated.

Three-month copper on the London Metal Exchange CMCU3 , untraded at the close, was last bid at $7,213 a tonne from Wednesday's close of $7,344. It earlier fell to its lowest level since Dec. 19 at $7,209 a tonne.

For a full report, double click on Href="NewsSearch">MET/L

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OIL

NEW YORK - Brent crude was trading steady to slightly lower in price on Thursday, paring earlier gains of more than $1 after news that production was restarting at a key North Sea oilfield and as the market weighed Libya's resolve to get oil exports on track.

Brent crude for February delivery LCOc1 fell 4 cents to $107.11 per barrel in choppy trade at 1645 GMT, after reaching a high of $108.20.

For a full report, double click on O/R

- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 802 7980))

Keywords: MORNINGCALL/

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