Direct line: 1300 987 995
(Updates prices)
------------------------(0632 / 1932 GMT)-----------------------
Stock Markets
S&P/ASX 200 5,336.63 -10.27 NZSX 50 5,130.70 +12.08
DJIA 16,390.39 +113.70 Nikkei 14,423.19 -52.11
NASDAQ 4,236.06 +9.67 FTSE 6,604.89 +84.50
S&P 500 1,867.28 +9.84 Hang Seng 21,846.45 -114.13
SPI 200 Fut 5,360.00 +22.00 TRJCRB Index 300.83 +1.30
Bonds (Yield)
AU 10 YR Bond 4.120 +0.010 US 10 YR Bond 2.746 +0.011
NZ 10 YR Bond 4.630 -0.010 US 30 YR Bond 3.585 +0.012
Currencies (Prev at 7pm NZST)
AUD US$ 0.9162 0.9124 NZD US$ 0.8573 0.8546
EUR US$ 1.3828 1.3831 Yen US$ 102.29 102.23
Commodities
Gold (Lon) 1313.50 Silver (Lon) 20.000
Gold (NY) 1309.12 Light Crude 99.23
----------------------------------------------------------------
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks rose by late afternoon on Tuesday in
a volatile session, rebounding from a two-day decline as a
strong read on consumer confidence increased optimism about the
economy.
The Dow Jones industrial average was up 97.58 points,
or 0.60 percent, at 16,374.27. The Standard & Poor's 500 Index
was up 7.53 points, or 0.41 percent, at 1,864.97. The
Nasdaq Composite Index was up 7.31 points, or 0.17
percent, at 4,233.69.
For a full report, double click on .N
- - - -
LONDON - UK shares rose on Tuesday, bouncing off of a
six-week closing low, after Kingfisher and easyJet posted
updates that raised optimism about the outlook for corporate
earnings this year.
They helped the FTSE 100 index advance 84.50 points,
or 1.3 percent, to 6,604.89 points.
For a full report, double click on .L
- - - -
TOKYO - Japan's Nikkei share average dropped on Tuesday as a
weak U.S. manufacturing survey and worries about the Ukraine
crisis soured sentiment, though gains in small-sized companies
limited the losses.
The benchmark Nikkei ended 0.4 percent lower at
14,423.19 in a choppy session, and remained below its 200-day
moving average of 14,509.61.
The broader Topix gained 0.1 percent to 1,163.70,
while the JPX-Nikkei Index 400 , an index comprised
of companies with a high return on equity and robust corporate
governance, rose 0.1 percent to 10,531.93.
For a full report, double click on .T
- - - -
SYDNEY - Australian stocks looked set for a positive start
on Wednesday following a rebound on Wall Street, while gains in
metal prices should help underpin mining shares.
Stock index futures rose 0.3 percent to 5,358.0, a
0.4 percent premium to the underlying S&P/ASX 200 index
which closed 0.2 percent lower at 5,336.6 on Tuesday.
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar rose against a basket of major
currencies on Tuesday after European Central Bank policymakers
signaled the potential for more monetary easing, while strong
U.S. consumer confidence figures supported the dollar's gains.
The U.S. dollar index , which measures the dollar
against six major currencies, was last up 0.2 percent. The euro
was last down 0.35 percent against the dollar to trade at
$1.3790, while the dollar was last up 0.08 percent against the
yen to trade at 102.32.
For a full report, double click on USD/
- - - -
TREASURIES
NEW YORK - Five-year U.S. Treasuries yields were steady
after the Treasury sold $32 billion new two-year notes to solid
demand on Tuesday, though light purchases by dealers raised some
concerns about how much demand there will be for Wednesday's
five-year note auction.
Five-year note yields held firm at around 1.72
percent, down from 1.77 percent on Monday, the highest level
since Jan. 9.
Benchmark 10-year notes were last down 1/32 in
price to yield 2.73 percent, little changed from Monday, and
30-year bonds dropped 8/32 in price to yield 3.59
percent, up from 3.57 percent.
For a full report, double click on US/
- - - -
COMMODITIES
GOLD
NEW YORK/LONDON - Gold edged up on Tuesday as a combination
of bargain hunting, technical buying and lingering geopolitical
tensions helped bullion to rebound from its previous session's
two-percent drop.
Spot gold rose 0.2 percent to $1,311.26 an ounce by
1:57 p.m. EDT (1757 GMT), having earlier hit $1,305.59.
U.S. COMEX gold futures for April delivery settled up
20 cents at $1,311.40 an ounce, with trading volume about 10
percent above its 30-day average, preliminary Reuters data
showed.
For a full report, double click on GOL/
- - - -
BASE METALS
LONDON - Copper rose to its highest level in two weeks on
Tuesday, supported by prospects that big commodities consumer
China will act to support its slowing economy and by improved
risk appetite in wider markets.
Three-month copper on the London Metal Exchange
ended up 2.01 percent at $6,603 a tonne. It rose to $6,623.75 a
tonne in intraday trading on Tuesday, the highest level since
March 11.
For a full report, double click on MET/L
- - - -
OIL
NEW YORK - Brent crude oil futures rose on Tuesday on
renewed geopolitical risk over Russia and supply disruptions in
Nigeria and Libya, while U.S. crude was pressured by a stronger
U.S. dollar.
Brent crude rose 6 cents to $106.87, while U.S.
crude fell 33 cents to $99.27 per barrel.
For a full report, double click on O/R
- - - -
((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 802
7980))
Keywords: MORNINGCALL/UPDATE 1