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Stock Markets
S&P/ASX 200 5,346.89 +8.81 NZSX 50 5,118.62 -6.37
DJIA 16,314.33 +11.56 Nikkei 14,475.30 +251.07
NASDAQ 4,234.94 -41.85 FTSE 6,520.39 -36.78
S&P 500 1,861.46 -5.06 Hang Seng 21,436.70 +409.75
SPI 200 Fut 5,322.00 -26.00 TRJCRB Index 299.53 +0.13
Bonds (Yield)
AU 10 YR Bond 4.145 +0.035 US 10 YR Bond 2.732 -0.018
NZ 10 YR Bond 4.645 +0.000 US 30 YR Bond 3.569 -0.040
Currencies (Prev at 7pm NZST)
AUD US$ 0.9129 0.9091 NZD US$ 0.8546 0.8531
EUR US$ 1.3840 1.3798 Yen US$ 102.23 102.47
Commodities
Gold (Lon) 1310.75 Silver (Lon) 20.200
Gold (NY) 1333.94 Light Crude 99.42
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Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks fell on Monday, with the Nasdaq
marking its biggest daily percentage drop since early February,
as some of the market's recent best performers like technology
and biotech shares led the way down.
Concerns that the crisis in Ukraine could escalate pushed
traders to drop some of the market's biggest trading favorites,
taking the Nasdaq below its 50-day moving average in a sign of
weakening near-term momentum.
The Dow Jones industrial average fell 19.56 points or
0.12 percent, to 16,283.21, the S&P 500 lost 8.21 points
or 0.44 percent, to 1,858.31 and the Nasdaq Composite
dropped 49.353 points or 1.15 percent, to 4,227.435.
For a full report, double click on .N
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LONDON - Britain's top share index fell on Monday on
concerns about the situation in Ukraine and a slowdown in
Chinese growth, while energy providers were hit by worries they
may be forced to break up their businesses.
The blue-chip FTSE 100 index ended 0.6 percent lower
at 6,520.39 points, falling for nine of the past 12 trading
sessions. It has lost more than 4 percent this month.
For a full report, double click on .L
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TOKYO - Japan's Nikkei share average climbed 1.8 percent on
Monday, bouncing off from a six-week low on the back of a
tentative recovery in risk appetite, though underlying concerns
about Japan's economic outlook kept gains in check.
The benchmark Nikkei gained 251.07 points to
14,475.30, completely reversing the previous session's losses,
after a market holiday on Friday. Still, the index was down more
than 11 percent since the start of this year, likely heading for
its first quarterly decline in 1-1/2 years.
The broader Topix advanced 1.5 percent to 1,163.04
in relatively active trade, with 2.92 billion shares changing
hands, one of the heaviest in the past month.
For a full report, double click on .T
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SYDNEY - Australian shares are set to open lower on Tuesday,
following a tumble on Wall Street on escalating tension in
Ukraine, but the big miners should help limit losses as
investors bet China will take steps to shore up growth.
Share price index futures fell 0.4 percent to
5,324.0, a 23.9-point discount to the underlying S&P/ASX 200
index . The benchmark rose 0.2 percent on Monday.
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FOREIGN EXCHANGE
NEW YORK - The dollar rose against the euro on Monday after
signs of slower growth in Germany worried traders and
expectations of tightening U.S. monetary policy continued to
support the greenback.
The euro last traded down 0.13 percent against the
dollar at $1.3775. The dollar index , a gauge of the
dollar's performance against a basket of major currencies, was
last up 0.1 percent.
For a full report, double click on USD/
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TREASURIES
NEW YORK - The U.S. Treasuries yield curve flattened on
Monday, with long-dated debt prices gaining while
intermediate-dated debt prices fell, before the U.S. government
sells $96 billion in new debt to investors nervous that the
Federal Reserve may raise interest rates sooner than expected.
Two-year note yields rose as high as 0.47 percent
on Monday, the highest since September and up from 0.34 percent
before Yellen's remarks. Five-year note yields
increased to 1.77 percent, the highest since January 9 and
seven-year note yields rose to 2.34 percent, the
highest since January 23.
Benchmark 10-year notes were last up 4/32 in
price to yield 2.74 percent, having risen as high as 2.78
percent earlier on Monday. The yields have risen from around
2.66 percent since Yellen's comments.
For a full report, double click on US/
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COMMODITIES
GOLD
NEW YORK/LONDON - Gold prices tumbled about 2 percent on
Monday, the biggest one-day drop in nearly two months, as hedge
funds dumped the precious metal on fears that rising U.S.
interest rates could spark a further retreat from last week's
six-month high.
Recent forecasts of sharply lower gold prices at below
$1,200 by Societe Generale and other bullion banks also prompted
institutional investors to sell bullion, analysts said.
Spot gold was down 1.9 percent at $1,308.70 an ounce
at 2:57 p.m. EDT (1857 GMT), its biggest daily fall since Jan.
30. U.S. COMEX gold futures for April delivery settled
down $24.80 an ounce at $1,311.20 an ounce.
For a full report, double click on GOL/
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BASE METALS
LONDON - Copper steadied on Monday as investors saw last
week's fall to 3-1/2 year lows as overdone and as the latest
batch of weak data from China spurred hopes that authorities
would introduce measures to support the economy.
Still, three-month copper on the London Metal Exchange
closed at $6,473 a tonne from $6,480 at the close on
Friday. Copper is down some 12 percent this year.
For a full report, double click on MET/L
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OIL
NEW YORK - Brent crude oil fell and U.S. crude edged
slightly higher in chopping trading on Monday as lackluster
manufacturing data from the world's largest oil consumer was
balanced by supply concerns over the Ukraine crisis and turmoil
in Libya.
Brent crude for May fell 11 cents to settle at
$106.71 a barrel. The oil benchmark fell for a fourth straight
week last week. U.S. crude oil rose 14 cents to settle at
$99.60 a barrel.
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))
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