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

Fri, 17 Jan - 5:42am
 (UPDATE 1) 
----------------------(06:35 / 1935 GMT)----------------------- 
  Stock Markets                                                    
  S&P/ASX 200  5,309.07  +63.64  NZSX 50       4,921.29   +8.26 
  DJIA        16,406.49  -75.45  Nikkei        15,747.20  -61.53 
  NASDAQ       4,215.25   +0.37  FTSE           6,815.42   -4.44 
  S&P 500      1,844.22   -4.16  Hang Seng     22,902.00  +84.41 
  SPI 200 Fut  5,269.00   -2.00  TRJCRB Index     278.42   +0.57 
   
  Bonds (Yield)                                                    
  AU 10 YR Bond   4.105  +0.020  US 10 YR Bond     2.843  -0.041 
  NZ 10 YR Bond   4.665  -0.010  US 30 YR Bond     3.774  -0.032 
   
  Currencies (Prev at 7pm NZST)                                    
  AUD US$        0.8812  0.8806  NZD US$          0.8345  0.8322 
  EUR US$        1.3604  1.3619  Yen US$          104.29  104.72 
   
  Commodities                                                      
  Gold (Lon)    1241.50          Silver (Lon)     20.000         
  Gold (NY)     1241.36          Light Crude       93.94         
 ---------------------------------------------------------------- 
 Overnight market action with latest New York figures. 
 
    EQUITIES 
    NEW YORK - U.S. stocks fell on Thursday, with the S&P 500 
pulling back from record levels following a round of 
disappointing earnings as financial stocks led the way lower. 
    The Dow Jones industrial average .DJI was down 78.16 points, 
or 0.47 percent, at 16,403.78. The Standard & Poor's 500 Index 
.SPX was down 4.45 points, or 0.24 percent, at 1,843.93. The 
Nasdaq Composite Index .IXIC was down 0.64 of a point, or 0.02 
percent, at 4,214.25. 
    For a full report, double click on  .N  
    - - - -  
    LONDON - Britain's top shares steadied near last year's peak 
on Thursday, propped up by steep gains from miners on optimism 
over the global economy and upbeat analyst comment. 
    The blue-chip FTSE 100 .FTSE index, which on Wednesday had 
closed at an eight-month high, closed down 4.44 points, or 0.1 
percent, at 6,815.42 points - hovering close to its 2013 high of 
6,875. 
    For a full report, double click on  .L  
    - - - -  
    TOKYO - Japan's Nikkei average edged down on Thursday, 
erasing earlier gains on profit-taking as investors wanted to 
see more U.S. economic data before chasing the market higher. 
    The Nikkei .N225 ended 0.4 percent lower at 15,747.20, after 
rising as high as 15,941.08 in earlier trade. 
    The broader Topix .TOPX ended nearly flat at 1,294.39. 
    For a full report, double click on  .T  
    - - - -  
    SYDNEY - Australian shares are set to open lower on Friday, 
tracking a fall on Wall Street on the back of disappointing 
earnings.    
    Local share price index futures    fell 2 points to 
5,269, a 40.07 point discount to the close of the underlying 
S&P/ASX 200 index   . The S&P/ASX 200 index .AXJO added 
63.7 points, its biggest one-day gain in three weeks, to finish 
at 5,309.1. 
    - - - - 
    FOREIGN EXCHANGE  
    NEW YORK - The dollar slid on Thursday, pressured by data 
showing a jump in U.S. continuing jobless claims, but losses 
were viewed as temporary after two days of gains as the 
greenback's uptrend remained intact. 
    The dollar index, a measure of the greenback's value against 
six major currencies, fell 0.2 percent to 80.884      
    The euro rose 0.1 percent to $1.3619   , while the 
dollar slid 0.3 percent to 104.29 yen   . 
    For a full report, double click on  USD/  
    - - - -  
    TREASURIES  
    NEW YORK - U.S. Treasuries prices gained on Thursday after 
inflation data came in as expected and amid strength in German 
government debt and overnight demand for safe-haven U.S debt. 
    Benchmark 10-year Treasuries US10YT=RR were last up 13/21 in 
price to yield 2.848 percent, down from 2.884 percent late on 
Wednesday. Thirty-year bonds gained 28/32 in price to yield 
3.775 percent, down from 3.806 percent. 
    For a full report, double click on  US/  
    - - - -  
    COMMODITIES  
    GOLD 
    LONDON - Gold cut initial losses on Thursday, after mixed 
U.S. economic numbers weighed on the dollar, but the metal was 
still seen vulnerable to further losses as investor interest 
remained lacklustre. 
    Spot gold    was unchanged at $1,241.60 an ounce by 1526 
GMT. It touched a one-month peak of $1,255.00 on Tuesday. 
    U.S. gold futures    for February delivery were up 
$3.20 to $1,241.50 an ounce. 
    For a full report, double click on  GOL/  
    - - - -  
    BASE METALS 
    LONDON - Copper prices slipped half a percent on Thursday, 
weighed down by expectations of increased supplies later in the 
year, but signs of low availability for immediate consumption 
limited the decline. 
    Three-month copper on the London Metal Exchange    
ended at $7,310 a tonne, down from a last bid of $7,350 a tonne 
on Wednesday. It earlier hit a one-week high at $7,370. 
    For a full report, double click on  MET/L  
    - - - -  
    OIL 
    NEW YORK - Brent oil was steady in thin, choppy trade on 
Thursday as expectations of more supply from the Middle East and 
North Africa outweighed news of lower oil output from OPEC. 
    Brent crude for February delivery    was down 11 cents 
at $107.02 a barrel at 12:33 EST (1733 GMT), after settling 74 
cents higher on Wednesday. The contract expires at the end of 
trading on Thursday. Brent March crude oil    was trading 
19 cents lower at $106.08 a barrel. 
    U.S. crude    was down 5 cents at $94.12 after ending 
$1.58 higher on Wednesday. The February contract expires 
Tuesday, after the Martin Luther King, Jr. holiday on Monday. 
Floor trading on the New York Mercantile Exchange is shut on 
Monday and settlement prices will not be posted. 
    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:20140116:nL3N0KQ4QP:3
Topics: 
REP LEN NZ RTRS STX AU ASIA

Contact Us

Due to the security nature of our business, personal meetings are only by pre-arranged appointment.
Phone at any time on

1300 987 995

info@ausmint.com