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

-------------------------(0631/1931 GMT)------------------------ 
Stock Markets                                                    
S&P/ASX 200    5,316.99   -7.89  NZSX 50        4,759.63   -5.69 
DJIA          16,537.38 +112.28  Nikkei        15,814.37  -94.51 
NASDAQ         4,144.99  +31.30  FTSE           6,755.45  +24.72 
S&P 500        1,837.10  +10.33  Hang Seng     22,684.15  +28.63 
SPI 200 Fut    5,315.00  +20.00  TRJCRB Index     276.87   -0.23 
 
Bonds (Yield)                                                    
AU 10 YR Bond     4.235  +0.035  US 10 YR Bond     2.941  -0.020 
NZ 10 YR Bond     4.730  -0.010  US 30 YR Bond     3.884  -0.013 
 
Currencies (Prev at 7pm NZST)                                    
AUD US$          0.8920  0.8919  NZD US$          0.8281  0.8260 
EUR US$          1.3619  1.3617  Yen US$          104.50  104.42 
 
Commodities                                                      
Gold (Lon)      1227.50          Silver (Lon)     20.020         
Gold (NY)       1237.60          Light Crude       93.72         
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Overnight market action with latest New York figures. 
 
    EQUITIES 
    NEW YORK - U.S. stocks climbed on Tuesday, putting the S&P 
500 on track for its first positive session of 2014 as equities 
rebounded following a three-day decline. 
    The Dow Jones industrial average    was up 105.38 
points, or 0.64 percent, at 16,530.48. The Standard & Poor's 500 
index    was up 9.33 points, or 0.51 percent, at 1,836.10. 
The Nasdaq Composite Index    was up 26.07 points, or 0.63 
percent, at 4,139.74. 
    For a full report, double click on  .N  
    - - - -  
    LONDON - Britain's blue chip share index rose to a one-week 
high on Tuesday, with gains in financial stocks pushing the FTSE 
100 towards major technical resistance levels. 
    RBS shares rose 1.8 percent, while HSBC - the biggest 
constituent in the FTSE 100 - added 2.4 percent. Together 
financials contributed 23.4 points to the FTSE 100   . 
    For a full report, double click on  .L  
    - - - -  
    TOKYO - Japan's Nikkei share average fell for a second day 
on Tuesday after data showing a slowdown in growth in the U.S. 
services sector made investors wary of taking on risk, while 
Fast Retailing Co    sagged on weaker-than-expected 
monthly sales. 
    The Nikkei    ended down 0.6 percent at 15,814.37 in 
choppy trade. During the morning session, it briefly flirted 
with positive territory. 
    For a full report, double click on  .T  
    - - - - 
    SYDNEY - Australian stocks could see some reprieve on 
Wednesday following a rebound on Wall Street, while gains in 
some base metal prices could help underpin commodity shares. 
    Stock futures    rose 0.4 percent to 5,315.0, a small 
discount to the underlying S&P/ASX 200 index    which fell 
0.2 percent on Tuesday to 5,317.0. 
    - - - -  
    FOREIGN EXCHANGE  
    NEW YORK - The dollar rose broadly on Tuesday, buoyed by 
U.S. trade deficit data that could inflate estimates for 
fourth-quarter growth in the world's largest economy as market 
participants eye key events later in the week. 
    In midday trade, the dollar was 0.3 percent higher at 104.54 
yen, but remained below a five-year peak of 105.44 yen set last 
week   . The dollar fell as low as 103.88 yen on Monday, its 
lowest since Dec. 23. The dollar index   , which tracks the 
greenback against a basket of six major currencies, was last up 
0.2 percent at 80.818. 
    For a full report, double click on  USD/  
    - - - -  
    TREASURIES  
    NEW YORK -  U.S. Treasuries prices trimmed gains on Tuesday 
after a $30 billion auction of three-year notes supply fetched 
weaker-than-expected demand, raising some worries about appetite 
for the rest of the government debt for sale later this week. 
    Benchmark 10-year Treasuries notes    briefly pared 
their gain to 1/32 before bouncing back to 4/32. The 10-year 
yield was last 2.947 percent after rising to 2.954 percent 
shortly after the three-year auction results. 
    For a full report, double click on  US/  
    - - - -  
    COMMODITIES  
    GOLD 
    NEW YORK/LONDON - Gold fell about 1 percent on Tuesday, set 
to snap five straight sessions of gains as a stronger dollar and 
rebound in U.S. stocks triggered profit-taking following 
bullion's early 2014 rally. 
    Spot gold    fell 0.9 percent to $1,226.60 an ounce by 
1639 GMT. U.S. gold futures    for February delivery were 
down $12.40 to $1,225.60 an ounce. 
    For a full report, double click on  GOL/  
    - - - -  
    BASE METALS 
    LONDON/SYDNEY - Copper edged up on Tuesday after hitting 
two-week lows in the previous session, helped by upbeat German 
and U.S. data. 
    Three-month copper on the London Metal Exchange    
ended at $7,351 a tonne, having closed on Monday at $7,325 after 
hitting its lowest since Dec. 24 at $7,278.75. 
    For a full report, double click on  MET/L  
    - - - -  
    OIL 
    NEW YORK -  Oil rose on Tuesday as new worries about Libyan 
output and fighting in Iraq helped prices rebound after five 
straight declines. 
    Brent crude    rose 70 cents to $107.43 by 1:26 p.m. ET 
(1826 GMT), after settling lower in the previous five sessions, 
partly aided by a stronger dollar and higher equity markets. 
U.S. crude    rose 46 cents to $93.89. 
    For a full report, double click on  O/R  
    - - - - 
((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 802 
7980)) 
 
 
Keywords: MORNINGCALL/