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

Tue, 11 Mar - 6:01am
 (Updates prices, table) 
-----------------------(0655/1955 GMT)----------------------- 
Stock Markets                                                    
S&P/ASX 200    5,411.52  -50.79  NZSX 50        5,117.84   -7.82 
DJIA          16,419.07  -33.46  Nikkei        15,120.14 -153.93 
NASDAQ         4,332.63   -3.60  FTSE           6,689.45  -23.22 
S&P 500        1,876.65   -1.39  Hang Seng     22,660.49 -395.56 
SPI 200 Fut    5,421.00   +1.00  TRJCRB Index     306.00   -1.19 
                            
Bonds (Yield)                                                    
AU 10 YR Bond     4.120  +0.030  US 10 YR Bond     2.781  -0.011 
NZ 10 YR Bond     4.640  -0.020  US 30 YR Bond     3.722  -0.003 
                            
Currencies (Prev at 7pm NZST)                                    
AUD US$          0.9017  0.9025  NZD US$          0.8463  0.8459 
EUR US$          1.3870  1.3883  Yen US$          103.22  103.09 
                            
Commodities                                                      
Gold (Lon)      1344.00          Silver (Lon)     20.990         
Gold (NY)       1339.85          Light Crude      101.11        
---------------------------------------------------------------- 
 Overnight market action with latest New York figures. 
 
    EQUITIES 
    NEW YORK - U.S. stocks fell on Monday weighed by soft data 
out of China, lingering concerns over Russia's claim over part 
of Ukraine and Boeing's latest production setback. 
Merger and acquisition announcements, as well as 
company-specific news including on Facebook and Alexion Pharma, 
helped stem losses. 
    The Dow Jones industrial average    fell 81.56 points or 
0.5 percent, to 16,371.16, the S&P 500    lost 6.16 points 
or 0.33 percent, to 1,871.88 and the Nasdaq Composite    
dropped 15.89 points or 0.37 percent, to 4,320.333. 
    For a full report, double click on  .N  
    - - - -  
    LONDON - Britain's top equity index fell to its lowest 
closing level since mid-February on Monday, dragged down by 
major mining stocks and telecoms group Vodafone    
    The blue-chip FTSE 100 index    closed down by 0.4 
percent, or 23.22 points, at 6,689.45 points - marking its 
lowest closing level since it ended at 6,663.62 points on Feb. 
14.  
    For a full report, double click on  .L  
    - - - -  
    TOKYO - Japanese shares retreated from a five-week high on 
Monday as disappointing Chinese trade data and uncertainty over 
the crisis in Ukraine prompted investors to lock in recent 
gains. 
    The benchmark Nikkei    closed down 1 percent at 
15,120.14, slipping from a five-week peak hit on Friday, in thin 
trading volume. 
    The broader Topix    index shed 0.8 percent to close at 
1,227.61, with 1.88 billion shares changing hands, the lowest 
volume since Aug. 26. 
    For a full report, double click on  .T  
    - - - -  
    SYDNEY - Australian shares look set to open margainly higher 
on Tuesday, shrugging off pressure from a weak day on Wall 
Street, to rebound slightly from the biggest single day fall in 
five weeks. 
    Local share price index futures YAPcm1 are up 0.1 percent, a 
11.5-point premium to the underlying S&P/ASX 200 index    
close. The benchmark closed down 0.9 percent on Monday. 
    For a full report, double click on    
    - - - - 
    FOREIGN EXCHANGE  
    NEW YORK - The U.S. dollar was little changed against major 
currencies on Monday, supported by hopes U.S. job growth would 
pick up in the wake of last week's mildly encouraging report on 
hiring and as tension over Ukraine remained contained. 
    The dollar index .DXY was up 0.06 percent at 79.767, holding 
above four-month lows set prior to Friday's U.S. jobs data that 
showed a greater-than-forecast 175,000 workers found jobs in 
February. 
    For a full report, double click on  USD/  
    - - - -  
    TREASURIES  
    NEW YORK - U.S. Treasuries traded mostly flat on Monday 
ahead of debt auctions this week with no new U.S. economic data 
on tap for now. 
    Prices on benchmark 10-year U.S. Treasuries    were 
last up 3/32 to yield 2.78 percent. That level was down just 
slightly from last Friday, when the 10-year yield traded at 2.79 
percent. 
    For a full report, double click on  US/  
    - - - -  
    COMMODITIES  
    GOLD 
    NEW YORK - Gold recovered from early losses to edge higher 
on Monday as support from the standoff in Ukraine offset 
pressure from last week's strong U.S. payrolls data and weakness 
in other commodities after a sharp drop in Chinese exports. 
    Spot gold    was up 0.2 percent at $1,342.60 an ounce at 
1214 GMT, while U.S. gold futures    for April delivery were 
up $4.70 an ounce to $1,342.90. 
    For a full report, double click on  GOL/  
    - - - -  
    BASE METALS 
    LONDON - London copper hit an eight-month low on Monday and 
Shanghai contracts dropped by their 5 percent daily limit, 
fanned by fears over the unwinding of copper finance deals in 
China after its first domestic bond default last week. 
    Three-month copper on the London Metal Exchange    
closed at $6,649 a tonne from i$6,782 at the close on Friday. It 
earlier slid as low as $6,608 a tonne, its weakest since June 25 
and within a whisker off nearly three-year lows. 
    For a full report, double click on  MET/L  
    - - - -  
    OIL 
    NEW YORK - U.S. oil fell by more than $1 per barrel on 
Monday, pressured by an unexpected drop in China's exports that 
stoked fears of a slowdown in the world's second-largest 
economy. 
    After two straight days of gains, Brent crude    was 
trading 1.09 cents lower at $107.91 by 1:40 p.m EDT (1740 GMT), 
having fallen $1.25 earlier in the session. U.S. oil    fell 
$1.61 to $100.97 a barrel after touching a high of $102.82. 
    For a full report, double click on  O/R  
    - - - - 
((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 802 
7980)) 
 
 
Keywords: MORNINGCALL/  
     
URN: 
urn:newsml:reuters.com:20140310:nL3N0M74BY:3
Topics: 
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