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(Add Australian stock market trend, update numbers throughout)
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Stock Markets
S&P/ASX 200 5,331.46 +36.42 NZSX 50 4,921.67 +31.18
DJIA 16,424.82 -33.74 Nikkei 15,795.96 +154.28
NASDAQ 4,222.21 +24.63 FTSE 6,834.26 -2.47
S&P 500 1,843.26 +4.56 Hang Seng 23,033.12 +104.17
SPI 200 Fut 5,151.00 -20.00 TRJCRB Index 278.40 -0.01
Bonds
AU 10 YR Bond 4.105 +0.001 US 10 YR Bond 2.823 -0.004
NZ 10 YR Bond 4.640 +0.000 US 30 YR Bond 3.739 -0.018
Currencies (Prev at 7pm NZST)
AUD US$ 0.8798 0.8822 NZD US$ 0.8309 0.8332
EUR US$ 1.3557 1.3549 Yen US$ 104.24 104.54
Commodities
Gold (Lon) 1238.00 Silver (Lon) 20.030
Gold (NY) 1253.19 Light Crude 94.99
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Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks mostly rose on Tuesday, putting the
S&P 500 on pace to snap a two-session decline as material stocks
rallied, though the Dow fell on disappointing earnings by three
of its components.
The Dow Jones industrial average was down 45.64
points, or 0.28 percent, at 16,412.92. The Standard & Poor's 500
Index was up 3.89 points, or 0.21 percent, at 1,842.59.
The Nasdaq Composite Index was up 21.59 points, or 0.51
percent, at 4,219.17.
For a full report, double click on .N
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LONDON - Britain's top shares consolidated near an
eight-month high on Tuesday as reassuring news about economic
conditions in emerging markets boosted consumer staples and
financials, although miners weakened.
The FTSE 100 touched its highest since May 2013,
before pulling back in the afternoon, with traders citing
caution on Wall Street as U.S. markets reopened after a long
weekend.
For a full report, double click on .L
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TOKYO - The Nikkei average gained 1 percent on Tuesday,
recouping most of its losses suffered over the past three
trading days, as investors bought back stocks on hopes that
Japanese corporate earnings will be strong.
The Nikkei ended 154.28 points higher at 15,795.96,
recovering from a one-week low marked on Monday.
For a full report, double click on .T
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SYDNEY - Australian stocks could have a mixed start on
Wednesday after Wall Street ended mostly higher and global miner
BHP Billiton expected to open around 1 percent lower
after a loss in its U.S. ADRs .
Australian stock futures eased 0.2 percent at
5,280.0, a discount of 51.5 points to the underlying S&P/ASX 200
index on Tuesday. The local benchmark rose 0.7 percent
to reach a two-week high in the prior session.
For a full report, double click on
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FOREIGN EXCHANGE
NEW YORK - The dollar strengthened on Tuesday in tandem with
U.S. Treasury yields, which rose on speculation the Federal
Reserve would soon reduce its bond-buying stimulus further.
The euro fell to a low against the dollar of $1.3517
after Germany's ZEW economic sentiment indicator for January
came in below forecasts. It was last trading at
$1.3537, still down 0.10 percent on the day. Traders sold into
rallies on expectations the European Central Bank will keep
policy accommodative and may even cut rates if money markets
tighten.
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasuries prices slipped on Tuesday with
benchmark yields edging up from five-week lows on concerns about
the Federal Reserve further paring its bond-purchase monetary
stimulus at its policy meeting next week.
Benchmark 10-year Treasuries notes last traded
2/32 lower in price with a yield of 2.834 percent, up about 1
basis point from late on Friday
For a full report, double click on US/
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COMMODITIES
GOLD
LONDON - Gold fell about 1 percent on Tuesday, its biggest
one-day drop so far in 2014, hit by widespread speculation that
the U.S. Federal Reserve might announce a further cut in its
bond-buying program at a meeting next week.
Spot gold was down 0.9 percent at $1,241.76 per ounce
by 2:11 p.m. EST (1911 GMT), having fallen as much as 1.4
percent to a one-week low of $1,235.68.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper edged higher on Tuesday as investors
digested further evidence of tight nearby supply, although
concerns about Chinese demand and worries that rising stocks of
concentrate will soon be processed into metal kept gains in
check.
Three-month copper on the London Metal Exchange
ended up 0.4 percent at $7,340 a tonne, after finishing the
previous session little changed. The metal is still down 0.3
percent for the year, after falling 7 percent last year.
For a full report, double click on MET/L
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OIL
NEW YORK - Brent oil futures rose on Tuesday as the global
energy watchdog forecast strong demand and as continuing
instability in Libya fed doubts about when supply from that
country would rebound.
Brent crude was trading 77 cents higher at $107.11 a
barrel after rising as high as $108 per barrel. Brent pared
gains by 7 cents a barrel immediately following a report from
the U.S. State Department of mass killings in Syria
U.S. crude oil for March delivery, which becomes the
front-month contract when February expires at the end of the
session, rose 48 cents to $95.08, after rising as high as
$95.46. Front-month U.S.
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))
Keywords: MORNINGCALL/