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

Fri, 28 Feb - 5:39am
 (Add Australian stock market trend, update numbers) 
-----------------------(06:36 / 1936 GMT)----------------------- 
Stock Markets                                                    
S&P/ASX 200    5,411.45  -25.55  NZSX 50        4,964.34   -8.86 
DJIA          16,253.02  +54.61  Nikkei        14,923.11  -47.86 
NASDAQ         4,314.60  +22.53  FTSE           6,810.27  +11.12 
S&P 500        1,851.52   +6.36  Hang Seng     22,828.18 +390.74 
SPI 200 Fut    5,416.00  +20.00  TRJCRB Index     301.59   -0.02 
 
Bonds                                                            
AU 10 YR Bond     4.063  -0.005  US 10 YR Bond     2.651  -0.023 
NZ 10 YR Bond     4.580  +0.000  US 30 YR Bond     3.606  -0.029 
 
Currencies (Prev at 7pm NZST)                                    
AUD US$          0.8962  0.8930  NZD US$          0.8376  0.8320 
EUR US$          1.3712  1.3686  Yen US$          102.08  102.38 
 
Commodities                                                      
Gold (Lon)      1332.25          Silver (Lon)     21.380         
Gold (NY)       1330.70          Light Crude      102.45         
--------------------------------------------------------------- 
 Overnight market action with latest New York figures. 
 
    EQUITIES 
    NEW YORK - U.S. stocks rose on Thursday after comments from 
Federal Reserve Chair Janet Yellen offered some relief to 
investors worried about the central bank's tapering of economic 
stimulus. 
    The Dow Jones industrial average    rose 74.33 points or 
0.46 percent, to 16,272.74. The S&P 500    gained 8.64 
points or 0.47 percent, to 1,853.80. The Nasdaq Composite 
   added 29.969 points or 0.7 percent, to 4,322.033. 
    For a full report, double click on  .N  
    - - - -  
    LONDON - Britain's top share index edged up on Thursday, 
lifted by positive U.S. data and assurances from Fed chair Janet 
Yellen, despite a sharp sell-off in Royal Bank of Scotland and 
increasing tension over Ukraine. 
    The FTSE 100    closed up 11.12 points, or 0.2 percent, 
at 6,810.27 points. 
    For a full report, double click on  .L  
    - - - -  
    TOKYO - Japan's Nikkei average fell for a second day on 
Thursday, moving further away from a four-week closing hit 
earlier this week as heightened tensions in Ukraine soured 
sentiment, dragging down index heavyweights like SoftBank. 
    The Nikkei    ended 0.3 percent lower at 14,923.11, 
moving away from 15,051.60 hit on Tuesday, which was the highest 
closing level since Jan. 29. 
    The broader Topix index    slipped 0.7 percent to 
1,217.35. 
    For a full report, double click on  .T  
    - - - - 
    SYDNEY - Australian shares are set for a firm start on 
Friday after comments from Federal Reserve Chair Janet Yellen 
offered some relief to investors worried about the central 
bank's tapering of economic stimulus. 
    Australia's share price index futures    added 0.4 
percent to 5,415, a 3.6-point premium to the underlying S&P/ASX 
200 index    close on Thursday. The local benchmark had its 
largest one-day drop in three weeks in last session, largely due 
to Qantas Airways Ltd   's poor earnings.     
    More results are expected on Friday, including Woolworths 
  , Virgin Australia   , James Hardie Industries 
   and  Warrnambool Cheese and Butter   .  
    - - - -  
    FOREIGN EXCHANGE  
    NEW YORK - The dollar edged lower on Thursday, erasing gains 
from a day earlier, as market participants looked toward remarks 
by U.S. Federal Reserve Chair Janet Yellen on the economy and 
monetary policy in testimony before the Senate Banking 
Committee. 
    The dollar index .DXY, which tracks the U.S. dollar against 
a basket of major currencies, was last down 0.03 percent at 
80.40 in morning trading. That marked a drop from the previous 
day's gains, when it held near a two-week high. 
    The dollar was down against the euro EUR=, which last traded 
up 0.18 percent at 1.3711. 
    For a full report, double click on  USD/  
    - - - -  
    TREASURIES  
    NEW YORK - U.S. Treasury debt prices rose on Thursday as 
tensions between Ukraine and Russia spurred safety buying, 
helping to stoke strong demand at a seven-year note auction. 
    Benchmark 10-year notes    were up 6/32 in price, 
sending yields down to 2.653 percent, the lowest since Feb. 7. 
Thirty-year bonds US30YT=RR were up 13/32, pushing yields down 
to 3.614 percent from Wednesday's close of 3.635 percent. 
    For a full report, double click on  US/  
    - - - -  
    COMMODITIES  
    GOLD 
    LONDON - Gold prices edged up on Thursday due to a steady 
dollar, but remained well below the previous day's four-month 
high as buyers of coins, bars and jewellery in Asian markets 
held off in expectation of a further price drop. 
    Spot gold    was up 0.1 percent to $1,331.39 an ounce at 
1502 GMT, well off that session's high of $1,345.35 an ounce. 
    U.S. gold futures    for April delivery were up $4.00 an 
ounce at $1,332.10.     
    For a full report, double click on  GOL/  
    - - - -  
    BASE METALS 
    LONDON - Copper slipped to its lowest in nearly three months 
on Thursday, weighed down by concerns over demand from top 
consumer China while growing political turmoil in Ukraine also 
sapped appetite for risky assets such as metals. 
    Three-month copper on the London Metal Exchange    hit 
its lowest level since Dec. 4 at $6,993.50 a tonne before 
recovering to close down $1 or 0.01 percent at $7,025. 
    For a full report, double click on  MET/L  
    - - - -  
    OIL 
    NEW YORK - Brent oil futures fell on Thursday, pressured by 
civil unrest in Ukraine that curbed overall risk appetite and 
fueled fears that it would slow growth in Europe and lessen oil 
demand. 
    Brent crude    was down 74 cents at $108.78 a barrel at 
1:58 p.m. EST (1858 GMT). It settled almost unchanged overnight. 
    U.S. oil    fell 53 cents to $102.06 a barrel, after 
ending 76 cents higher the previous session. 
    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:20140227:nL3N0LW4ZW:2
Topics: 
AIRL NZ HBLD FOTB AIRS CMPNY INDS AIR MINE REP RFOD FOBE RTRS MIN TRAN COMA BMAT NCYC COEN FOOD1 CYCP RET US FOD FDRT CYCS AU STX CONS CON ASIA SHOP LEN BLD ISER AMERS

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