-----------------------(06:25 / 2024 GMT)----------------------
Stock Markets
S&P/ASX 200 4,713.30 +12.10 NZSX 50 3,111.25 -19.17
DJIA 9,665.19 -42.25 Nikkei 10,265.98 -278.24
NASDAQ 2,090.92 -16.69 FTSE 5,082.20 +2.93
S&P 500 1,044.38 -6.40 Hang Seng 21,050.73 -26.33
SPI 200 Fut 4,705.00 -20.00 CRB Index 250.50 -0.75
Bonds
AU 10 YR Bond 94.745 +0.055 US 10 YR Bond 3.320 +0.000
NZ 10 YR Bond 4.880 +0.000 US 30 YR Bond 4.093 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8695 0.8690 NZD US$ 0.7185 0.7194
EUR US$ 1.4706 1.4688 Yen US$ 89.62 90.61
Commodities
Gold (Lon) 991.50 Silver (Lon) 16.200
Gold (NY) 990.95 Light Crude 66.09
Overnight market action. Adds Sydney stock market trend.
EQUITIES
NEW YORK - U.S. stocks fell for a third straight day on Friday on disappointing housing and durable goods data, while Research In Motion's lackluster results dented optimism about technology spending.
The Dow Jones industrial average fell 42.25 points, or 0.44 percent, to 9,665.19. The Standard & Poor's 500 Index dropped 6.40 points, or 0.61 percent, to 1,044.38. The Nasdaq Composite Index declined 16.69 points, or 0.79 percent, to 2,090.92.
For a full report, double click on
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LONDON - European shares edged lower on Friday to hit a more than two-week closing low for a second day, led lower by weaker financials which outpaced gains in pharmaceutical and energy stocks.
The FTSEurofirst 300 of top European shares closed 0.4 percent lower at 983.91 points in a choppy session, after trading between 990.43 and 982.12 points.
The index, which tumbled 1.9 percent to a two-week closing low on Thursday, was down 2.2 percent on the week.
For a full report, double click on
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TOKYO - Japan's Nikkei average slid 2.6 percent on Friday, as Nomura Holdings plunged on its plans to issue up to $5.6 billion in shares and other financial stocks were hit by concerns that they may also be thinking of big stock offerings.
In moderate trade, the benchmark Nikkei shed 278.24 points to 10,265.98, after gaining 1.7 percent the previous day to hit a one-month closing high.
The broader Topix fell 2.9 percent to 922.67.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to fall on Monday after a decline in the Dow Jones. Share index futures fell 20 points to 4,705, an 8.3-point discount to the 4,713.3 close of the underlying S&P/ASX 200 index on Friday.
Australian farm chemicals group Nufarm Ltd is due to release its full year results on Monday.
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FOREIGN EXCHANGE
NEW YORK - The U.S. dollar plunged to its lowest in more than seven months against the yen on Friday, weighed down by comments from Japanese Finance Minister Hirohisa Fujii, who said he opposed deliberately weakening the yen or any other currency.
In late afternoon trading, the dollar was last down 1.7 percent at 89.71 yen. The euro also fell 1.6 percent to 131.69 yen.
The euro edged higher against the greenback, helped by encouraging data showing U.S. consumer sentiment hit its highest level this month since January 2008..
The euro has been viewed as one of the proxy currencies for risk appetite, moving in tandem with positive economic data and higher stocks.
The euro rose 0.2 percent to $1.4682. A separate report showing U.S. new homes sales edged up in August also boosted the euro zone's single currency.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - Long-dated U.S. Treasury bond prices rose on Friday as weak data on durable goods orders and new home sales cast doubt on the prospect of a robust economic recovery.
However, short-dated debt prices slipped after a top Federal Reserve policymaker signaled a willingness to raise interest rates sooner and more quickly than many expect.
This view also offered further support for longer maturities, which benefited from a renewed sense of the central bank's commitment to fighting inflation.
Such strong words helped push two-year notes_ 3/32 lower for a yield of 0.99 percent, up four basis points from Thursday. In contrast, the 30-year bond was up
1
15/32 for a yield of 4.09 percent.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold ended lower on Friday on slow physical demand for bullion and investor frustration with the precious metal's inability to sustain a price of $1,020 an ounce hit this week.
After sinking to the lowest level in two weeks, gold bounced up in late trade to finish with slight losses as the dollar turned weaker when data showed an improvement in U.S. consumer sentiment.
For a full report, double click on
- - - -
BASE METALS
NEW YORK/LONDON - Copper settled higher on Friday, as encouraging consumer sentiment and housing data in the United States and a surprise fall in global inventories bolstered sentiment and enabled prices to recover from earlier one-month lows.
Copper for December delivery on the New York Mercantile Exchange's COMEX division rose 3.10 cents to finish at $2.7405 a lb, after sinking to a session trough at $2.6730, its lowest level since Aug. 19.
For a full report, double click on
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OIL
NEW YORK - Oil prices rose slightly on Friday after tension around Iran's nuclear program and improving consumer sentiment outweighed poor U.S. economic indicators.
U.S. crude futures settled at $66.02, up 13 cents.
In London, Brent crude settled at $65.11 a barrel, up 29 cents.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 4,713.30 +12.10 NZSX 50 3,111.25 -19.17
DJIA 9,665.19 -42.25 Nikkei 10,265.98 -278.24
NASDAQ 2,090.92 -16.69 FTSE 5,082.20 +2.93
S&P 500 1,044.38 -6.40 Hang Seng 21,050.73 -26.33
SPI 200 Fut 4,705.00 -20.00 CRB Index 250.50 -0.75
Bonds
AU 10 YR Bond 94.745 +0.055 US 10 YR Bond 3.320 +0.000
NZ 10 YR Bond 4.880 +0.000 US 30 YR Bond 4.093 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8695 0.8690 NZD US$ 0.7185 0.7194
EUR US$ 1.4706 1.4688 Yen US$ 89.62 90.61
Commodities
Gold (Lon) 991.50 Silver (Lon) 16.200
Gold (NY) 990.95 Light Crude 66.09
Overnight market action. Adds Sydney stock market trend.
EQUITIES
NEW YORK - U.S. stocks fell for a third straight day on Friday on disappointing housing and durable goods data, while Research In Motion's lackluster results dented optimism about technology spending.
The Dow Jones industrial average fell 42.25 points, or 0.44 percent, to 9,665.19. The Standard & Poor's 500 Index dropped 6.40 points, or 0.61 percent, to 1,044.38. The Nasdaq Composite Index declined 16.69 points, or 0.79 percent, to 2,090.92.
For a full report, double click on
- - - -
LONDON - European shares edged lower on Friday to hit a more than two-week closing low for a second day, led lower by weaker financials which outpaced gains in pharmaceutical and energy stocks.
The FTSEurofirst 300 of top European shares closed 0.4 percent lower at 983.91 points in a choppy session, after trading between 990.43 and 982.12 points.
The index, which tumbled 1.9 percent to a two-week closing low on Thursday, was down 2.2 percent on the week.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average slid 2.6 percent on Friday, as Nomura Holdings plunged on its plans to issue up to $5.6 billion in shares and other financial stocks were hit by concerns that they may also be thinking of big stock offerings.
In moderate trade, the benchmark Nikkei shed 278.24 points to 10,265.98, after gaining 1.7 percent the previous day to hit a one-month closing high.
The broader Topix fell 2.9 percent to 922.67.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to fall on Monday after a decline in the Dow Jones. Share index futures fell 20 points to 4,705, an 8.3-point discount to the 4,713.3 close of the underlying S&P/ASX 200 index on Friday.
Australian farm chemicals group Nufarm Ltd is due to release its full year results on Monday.
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar plunged to its lowest in more than seven months against the yen on Friday, weighed down by comments from Japanese Finance Minister Hirohisa Fujii, who said he opposed deliberately weakening the yen or any other currency.
In late afternoon trading, the dollar was last down 1.7 percent at 89.71 yen. The euro also fell 1.6 percent to 131.69 yen.
The euro edged higher against the greenback, helped by encouraging data showing U.S. consumer sentiment hit its highest level this month since January 2008..
The euro has been viewed as one of the proxy currencies for risk appetite, moving in tandem with positive economic data and higher stocks.
The euro rose 0.2 percent to $1.4682. A separate report showing U.S. new homes sales edged up in August also boosted the euro zone's single currency.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - Long-dated U.S. Treasury bond prices rose on Friday as weak data on durable goods orders and new home sales cast doubt on the prospect of a robust economic recovery.
However, short-dated debt prices slipped after a top Federal Reserve policymaker signaled a willingness to raise interest rates sooner and more quickly than many expect.
This view also offered further support for longer maturities, which benefited from a renewed sense of the central bank's commitment to fighting inflation.
Such strong words helped push two-year notes_ 3/32 lower for a yield of 0.99 percent, up four basis points from Thursday. In contrast, the 30-year bond was up
1
15/32 for a yield of 4.09 percent.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold ended lower on Friday on slow physical demand for bullion and investor frustration with the precious metal's inability to sustain a price of $1,020 an ounce hit this week.
After sinking to the lowest level in two weeks, gold bounced up in late trade to finish with slight losses as the dollar turned weaker when data showed an improvement in U.S. consumer sentiment.
For a full report, double click on
- - - -
BASE METALS
NEW YORK/LONDON - Copper settled higher on Friday, as encouraging consumer sentiment and housing data in the United States and a surprise fall in global inventories bolstered sentiment and enabled prices to recover from earlier one-month lows.
Copper for December delivery on the New York Mercantile Exchange's COMEX division rose 3.10 cents to finish at $2.7405 a lb, after sinking to a session trough at $2.6730, its lowest level since Aug. 19.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil prices rose slightly on Friday after tension around Iran's nuclear program and improving consumer sentiment outweighed poor U.S. economic indicators.
U.S. crude futures settled at $66.02, up 13 cents.
In London, Brent crude settled at $65.11 a barrel, up 29 cents.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2009 AFX News
