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

Tue, 18 Mar - 5:44am
-----------------------(06:42 / 1942 GMT)----------------------- 
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         
---------------------------------------------------------------- 
 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  
    - - - -  
    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  
    - - - -  
    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  
    - - - -  
    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.  
    - - - - 
    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/  
    - - - -  
    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/  
    - - - -  
    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/  
    - - - -  
    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  
    - - - -  
    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  
    - - - - 
((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 802 
7980)) 
 
 
Keywords: MORNINGCALL/  
     
URN: 
urn:newsml:reuters.com:20140317:nL3N0ME3XV:3
Topics: 
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