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(UPDATE)
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Stock Markets
S&P/ASX 200 5,400.23 +15.91 NZSX 50 5,033.26 +25.86
DJIA 16,388.33 +220.30 Nikkei 14,721.48 +69.25
NASDAQ 4,347.47 +70.16 FTSE 6,823.77 +115.42
S&P 500 1,871.68 +25.95 Hang Seng 22,500.67 +156.96
SPI 200 Fut 5,450.00 +45.00 TRJCRB Index 306.25 +0.41
Bonds (Yield)
AU 10 YR Bond 3.995 -0.050 US 10 YR Bond 2.680 +0.072
NZ 10 YR Bond 4.570 +0.015 US 30 YR Bond 3.625 +0.067
Currencies (Prev at 7pm NZST)
AUD US$ 0.8943 0.8937 NZD US$ 0.8387 0.8377
EUR US$ 1.3735 1.3751 Yen US$ 102.19 101.80
Commodities
Gold (Lon) 1334.75 Silver (Lon) 21.150
Gold (NY) 1350.29 Light Crude 103.25
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Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks rose on Tuesday, with the S&P 500 at
a record high, as fears of a confrontation between Russia and
Ukraine eased and Russian President Vladimir Putin said there
was no need to use military force in the Crimea region for now.
The Dow Jones industrial average .DJI rose 219.99 points or
1.36 percent, to 16,388.02, the S&P 500 .SPX gained 26.76 points
or 1.45 percent, to 1,872.49 and the Nasdaq Composite .IXIC
added 76.894 points or 1.8 percent, to 4,354.195. The S&P hit
an intraday record of 1,871.44 while the Nasdaq Composite
touched a 14-year high.
For a full report, double click on .N
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LONDON - Britain's top share index rebounded from two-week
lows on Tuesday, recouping its losses in the previous session,
with the perception that tensions between Russia and Ukraine
were easing and robust earnings boosting investors' risk
appetite.
The blue-chip FTSE 100 index closed 1.7 percent
higher at 6,823.77 points after falling 1.5 percent on Monday
after Putin's secured parliamentary approval to send Russian
forces into Ukraine.
For a full report, double click on .L
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TOKYO - Japan's Nikkei average clawed higher on Tuesday,
snapping four days of losses as some foreign investors scooped
up battered shares, although concerns over mounting tensions in
Ukraine kept the market on edge.
The Nikkei closed up 0.5 percent at 14,721.48. After
jumping 57 percent in 2013, the benchmark is down almost 10
percent in the year to date, making it one of the worst
performers in the developed world.
For a full report, double click on .T
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SYDNEY - Australian shares are set for a firm start on
Wednesday as fears eased of a confrontation between Russia and
Ukraine steering the S&P 500 to a record high on Wall Street
overnight.
Stock index futures rose 45 points to 5,450, a
50.23 point premium to the close of the underlying S&P/ASX 200
index . The S&P/ASX 200 index .AXJO rose 15.91 points, to
5,400.23 at the close on Tuesday.
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FOREIGN EXCHANGE
LONDON - The dollar and the euro rose against the yen on
Tuesday, helped by signs Russia may be seeking to avoid further
escalation of its military involvement in Ukraine.
The euro and the dollar rose against the yen to 140.310 and
102.00 , respectively. The euro rose 0.16
percent to $1.3757.
For a full report, double click on USD/
- - - -
TREASURIES
NEW YORK - U.S. Treasury debt prices fell on Tuesday as
Russian President Vladimir Putin said his country would use
military force in the Ukraine only as a last resort, prompting a
reversal in Monday's flight to safe assets like U.S. Treasuries.
Ten-year notes were down 13/32 in price, pulling
yields up to 2.653 percent from Monday's close of 2.608 percent.
Thirty-year bonds fell 24/32 in price, sending
yields to 3.598 percent from Monday's close of 3.558 percent.
For a full report, double click on US/
- - - -
COMMODITIES
GOLD
NEW YORK/LONDON - Gold fell about 1 percent on Tuesday as
investors took profits from the previous session's rally to near
four-month highs after President Vladimir Putin said Russia
would only use military force in Ukraine as a last resort.
Spot gold XAU= fell 1 percent to $1,336.46 by 12:49 p.m. EST
(1749 GMT), heading for its worst daily loss in more than a
month since Jan. 30.
For a full report, double click on GOL/
- - - -
BASE METALS
LONDON - Copper rose to its highest in nearly a week on
Tuesday, after falling to three-month lows the day before, as a
possible softening in Russia's stance on Ukraine eased aversion
to assets perceived as risky.
Three-month copper on the London Metal Exchange hit
its highest since Feb. 26 at $7,068 in intraday trade. It ended
at $7,049.50 a tonne, up from a close of $6,968 in the previous
day. The metal used in power and construction hit a three-month
low of $6,944 a tonne on Monday.
For a full report, double click on MET/L
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OIL
NEW YORK - Crude oil fell nearly 2 percent on Tuesday after
President Vladimir Putin said Russia would only use military
force in Ukraine as a last resort, releasing some tension from a
growing crisis that pushed prices to five-month highs in the
previous session.
April Brent crude LCOc1 fell $2.09 to $109.11 a barrel by
1:49 p.m. EST (1849 GMT). The European benchmark ended the
previous session at its highest close this year.
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/