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(Updates prices, table)
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Stock Markets
S&P/ASX 200 5,262.99 -56.78 NZSX 50 4,911.08 -39.26
DJIA 16,166.11 -207.23 Nikkei 15,695.89 -125.07
NASDAQ 4,202.96 -40.04 FTSE 6,773.28 -53.05
S&P 500 1,823.34 -21.52 Hang Seng 23,082.25 -348.35
SPI 200 Fut 5,187.00 -41.00 TRJCRB Index 281.29 +0.76
Bonds (Yield)
AU 10 YR Bond 4.020 +0.095 US 10 YR Bond 2.777 -0.083
NZ 10 YR Bond 4.600 -0.055 US 30 YR Bond 3.683 -0.076
Currencies (Prev at 7pm NZST)
AUD US$ 0.8754 0.8805 NZD US$ 0.8294 0.8299
EUR US$ 1.3691 1.3549 Yen US$ 103.20 104.32
Commodities
Gold (Lon) 1263.00 Silver (Lon) 20.110
Gold (NY) 1236.06 Light Crude 97.40
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Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S stocks fell on Thursday, with the selloff
accelerating in afternoon trading, hurt by disappointing
manufacturing data in China and a mixed bag of U.S. corporate
earnings.
The Dow Jones industrial average fell 203.67 points
or 1.24 percent, to 16,169.67, the S&P 500 lost 21.09
points or 1.14 percent, to 1,823.77 and the Nasdaq Composite
dropped 41.439 points or 0.98 percent, to 4,201.561.
For a full report, double click on .N
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LONDON - Britain's main equity index suffered its biggest
one-day fall this year on Thursday, weighed down by
disappointing U.S. economic data and weak updates from Easyjet
and Pearson .
The FTSE 100 closed 53.05 points lower, or 0.8
percent, at 6,773.28 points, a third consecutive daily fall and
the biggest since Dec. 12.
For a full report, double click on .L
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TOKYO - The Nikkei stock average reversed early gains to end
0.8 percent lower on Thursday after a survey showed
manufacturing activity in China, one of Japan's top trading
partners, contracted in January for the first time in six
months.
The Nikkei ended 125.07 points lower at 15,695.89,
breaking below its five-day moving average of 15,737.79.
For a full report, double click on .T
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SYDNEY - Australian shares are set to fall on Friday,
tracking Wall Street, which closed lower of weak Chinese
economic data.
Local share price index futures fell 0.8 percent to
5,185, a 77.98-point discount to the underlying S&P/ASX 200
index close. The benchmark slipped 1.1 percent on
Thursday.
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FOREIGN EXCHANGE
NEW YORK - The dollar tumbled on Thursday, pressured by
strong manufacturing data in the euro zone and new regulations
in Switzerland that raised the level of capital banks must hold
against their mortgage books, tightening Swiss monetary
conditions.
In mid-morning trading, the dollar dropped 1.2 percent
against the Swiss franc to 0.9001 franc . It fell to
0.8996 franc, a one week-trough. The euro, on the other hand,
was 0.3 percent lower at 1.2309 francs .
For a full report, double click on USD/
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TREASURIES
NEW YORK - U.S. Treasuries prices climbed on Thursday as
losses on Wall Street and data suggesting a slowing in Chinese
manufacturing revived safe haven bids for bonds.
On the open market, benchmark 10-year Treasury notes
US10YT=RR were 16/32 higher in price with a yield of 2.801
percent, down 6 basis points from late on Wednesday.
For a full report, double click on US/
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COMMODITIES
GOLD
NEW YORK/LONDON - Gold surged 2 percent on Thursday, set for
its biggest one-day rally in three months, as sharp losses in
U.S. equities and disappointing Chinese manufacturing data
boosted bullion's safe-haven appeal.
Spot gold was up 1.9 percent at $1,260.01 an ounce by
1636 GMT. Earlier it hit $1,265.40, within reach of a two-month
high of $1,267.26 set in early December.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper fell on Thursday, dragged lower by
disappointing Chinese manufacturing data that reinforced
concerns about the outlook for economic growth, but further
declines were capped by a weak dollar and a shortfall of refined
metal.
Three-month copper on the London Metal Exchange
ended at $7,207 a tonne, down from a close of $7,292 on
Wednesday.
For a full report, double click on MET/L
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OIL
NEW YORK - U.S. crude oil futures rose more than $1 on
Thursday, narrowing the discount to European Brent to the lowest
level for two months following a jump in heating fuel to the
highest price of 2014 after a big draw down in distillates
inventories.
Brent fell 46 cents to $107.81 a barrel by 1:56 p.m.
EST (1741 GMT). It settled up $1.54 on Wednesday at $108.27, its
highest level this year.
U.S. oil rose $1.06 to $97.79, after settling $1.76
higher at $96.73 in the previous session. The contract was on
track for its largest weekly percentage gain in two months.
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/