-----------------------(07:47 / 2047 GMT)-----------------------
Stock Markets
S&P/ASX 200 4,768.60 +72.90 NZSX 50 3,168.94 +27.75
DJIA 9,786.87 +61.29 Nikkei 9,832.47 +32.87
NASDAQ 2,123.93 +13.60 FTSE 5,154.64 +45.74
S&P 500 1,065.48 +7.90 Hang Seng 21,241.59 +251.31
SPI 200 Fut 4,792.00 +20.00 CRB Index 263.91 +5.54
Bonds
AU 10 YR Bond 94.675 -0.010 US 10 YR Bond 3.248 +0.062
NZ 10 YR Bond 5.605 -0.015 US 30 YR Bond 4.088 +0.085
Currencies (Prev at 7pm NZST)
AUD US$ 0.9061 0.9033 NZD US$ 0.7417 0.7395
EUR US$ 1.4791 1.4764 Yen US$ 88.41 88.20
Commodities
Gold (Lon) 1045.00 Silver (Lon) 17.800
Gold (NY) 1043.70 Light Crude 71.46
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks rose on Thursday as a surprising quarterly profit from Alcoa Inc got third-quarter earnings off to a strong start.
The Dow Jones industrial average rose 61.29 points, or 0.63 percent, to end at 9,786.87. The Standard & Poor's 500 Index gained 7.90 points, or 0.75 percent, to 1,065.48. The Nasdaq Composite Index advanced 13.60 points, or 0.64 percent, at 2,123.93.
For a full report, double click on
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LONDON - Britain's top share index ended 0.9 percent higher on Thursday, buoyed by the miners on firmer metals prices and optimism over demand prospects.
The FTSE 100 closed 45.74 points higher at 5,154.64, after shedding 0.6 percent on Wednesday.
For a full report, double click on
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TOKYO - Japan's Nikkei average rose 0.3 percent on Thursday, with shares of shipping firms surging as a key freight index hit a seven-week high on hopes of fresh Chinese demand while digital camera maker Nikon Corp climbed on a brokerage upgrade.
With the yen hovering near an 8-½ month high against the dollar, worries about the impact of a strong yen on exporters' earnings limited the Nikkei's gains.
The Nikkei rose 32.87 points to 9,832.47, pulling further away from an 11-week intraday low of 9,628.67 hit on Tuesday. The broader Topix rose 0.2 percent to 887.59.
For a full report, double click on
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SYDNEY - Australian stocks could get a boost on Friday after a strong start to the U.S. company earnings season, with resources stocks likely to get a boost from a rise in gold, metals and oil prices.
Share index futures stood 0.4 percent higher at 4,792, a 23.4 point premium to the 4,768.6 close in the underlying S&P/ASX200 index on Thursday.
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FOREIGN EXCHANGE
NEW YORK - The U.S. dollar fell to a 14-month low against a basket of currencies on Thursday as growing optimism of a burgeoning economic recovery prompted demand for riskier assets at the expense of the safe-haven greenback.
The euro also strengthened after European Central Bank President Jean-Claude Trichet stuck to his standard message that U.S. support for a strong dollar was important, disappointing traders that had expected a more forceful statement.
The euro was up 0.7 percent at $1.4787, after hitting a session high of $1.4817, according to Reuters data, the highest level in two weeks. The dollar was down 0.2 percent at 88.41 yen .
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasury debt prices fell on Thursday, with the 30-year bond losing over a full point, after a weak auction of the securities stoked fears that appetite for government debt is waning.
The benchmark 10-year Treasury note traded with a yield of 3.24 percent, up from a high yield of 3.21 percent in an auction of $20 billion of reopened 10-year notes on Wednesday.
Two-year notes traded 1/32 lower in price to yield 0.89 percent, up from 0.87 percent late on Wednesday.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold rose to a fresh all-time high for a third straight day on Thursday as persistent dollar weakness increased bullion's appeal as a hedge against losses in dollar-denominated assets.
Gold also benefited as economic optimism prompted investors to buy assets perceived to be riskier -- everything from commodities to equities -- and to sell the safe-haven dollar and U.S. Treasury bonds.
Spot gold hit a record high of $1,061.20, and was at $1,053.90 an ounce at 1:40 p.m. EDT (1740 GMT) against $1,043.70 late in New York on Wednesday.
Most-active December gold futures settled up $11.90, or 1.1 percent, at $1,056.30 an ounce on the COMEX division of the New York Mercantile Exchange.
For a full report, double click on
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BASE METALS
LONDON - Copper rose to a two-week high on Thursday while zinc hit a 15-month peak as a weak dollar attracted investors, and improved U.S data and strong earnings from Alco renewed bets for an economic recovery.
Copper for three-months delivery on the London Metal Exchange closed at $6,330 a tonne from $6,095 on Wednesday. Earlier the red metal jumped more than 4 percent to $6,343, its highest level since Sept. 22.
Aluminium closed at $1,909 from $1,845, having earlier surged more than 4 percent to a two-week high of $1,925.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil prices rose to settle above $71 a barrel on Thursday, supported by better-than-expected economic data and a weaker U.S. dollar.
U.S. crude for November delivery settled at $71.69, up 2.12. The contract closed $1.31 lower at $69.57 a barrel on Wednesday. In London, Brent crude settled at $69.77, up $2.57.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 4,768.60 +72.90 NZSX 50 3,168.94 +27.75
DJIA 9,786.87 +61.29 Nikkei 9,832.47 +32.87
NASDAQ 2,123.93 +13.60 FTSE 5,154.64 +45.74
S&P 500 1,065.48 +7.90 Hang Seng 21,241.59 +251.31
SPI 200 Fut 4,792.00 +20.00 CRB Index 263.91 +5.54
Bonds
AU 10 YR Bond 94.675 -0.010 US 10 YR Bond 3.248 +0.062
NZ 10 YR Bond 5.605 -0.015 US 30 YR Bond 4.088 +0.085
Currencies (Prev at 7pm NZST)
AUD US$ 0.9061 0.9033 NZD US$ 0.7417 0.7395
EUR US$ 1.4791 1.4764 Yen US$ 88.41 88.20
Commodities
Gold (Lon) 1045.00 Silver (Lon) 17.800
Gold (NY) 1043.70 Light Crude 71.46
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks rose on Thursday as a surprising quarterly profit from Alcoa Inc got third-quarter earnings off to a strong start.
The Dow Jones industrial average rose 61.29 points, or 0.63 percent, to end at 9,786.87. The Standard & Poor's 500 Index gained 7.90 points, or 0.75 percent, to 1,065.48. The Nasdaq Composite Index advanced 13.60 points, or 0.64 percent, at 2,123.93.
For a full report, double click on
- - - -
LONDON - Britain's top share index ended 0.9 percent higher on Thursday, buoyed by the miners on firmer metals prices and optimism over demand prospects.
The FTSE 100 closed 45.74 points higher at 5,154.64, after shedding 0.6 percent on Wednesday.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average rose 0.3 percent on Thursday, with shares of shipping firms surging as a key freight index hit a seven-week high on hopes of fresh Chinese demand while digital camera maker Nikon Corp climbed on a brokerage upgrade.
With the yen hovering near an 8-½ month high against the dollar, worries about the impact of a strong yen on exporters' earnings limited the Nikkei's gains.
The Nikkei rose 32.87 points to 9,832.47, pulling further away from an 11-week intraday low of 9,628.67 hit on Tuesday. The broader Topix rose 0.2 percent to 887.59.
For a full report, double click on
- - - -
SYDNEY - Australian stocks could get a boost on Friday after a strong start to the U.S. company earnings season, with resources stocks likely to get a boost from a rise in gold, metals and oil prices.
Share index futures stood 0.4 percent higher at 4,792, a 23.4 point premium to the 4,768.6 close in the underlying S&P/ASX200 index on Thursday.
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar fell to a 14-month low against a basket of currencies on Thursday as growing optimism of a burgeoning economic recovery prompted demand for riskier assets at the expense of the safe-haven greenback.
The euro also strengthened after European Central Bank President Jean-Claude Trichet stuck to his standard message that U.S. support for a strong dollar was important, disappointing traders that had expected a more forceful statement.
The euro was up 0.7 percent at $1.4787, after hitting a session high of $1.4817, according to Reuters data, the highest level in two weeks. The dollar was down 0.2 percent at 88.41 yen .
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasury debt prices fell on Thursday, with the 30-year bond losing over a full point, after a weak auction of the securities stoked fears that appetite for government debt is waning.
The benchmark 10-year Treasury note traded with a yield of 3.24 percent, up from a high yield of 3.21 percent in an auction of $20 billion of reopened 10-year notes on Wednesday.
Two-year notes traded 1/32 lower in price to yield 0.89 percent, up from 0.87 percent late on Wednesday.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold rose to a fresh all-time high for a third straight day on Thursday as persistent dollar weakness increased bullion's appeal as a hedge against losses in dollar-denominated assets.
Gold also benefited as economic optimism prompted investors to buy assets perceived to be riskier -- everything from commodities to equities -- and to sell the safe-haven dollar and U.S. Treasury bonds.
Spot gold hit a record high of $1,061.20, and was at $1,053.90 an ounce at 1:40 p.m. EDT (1740 GMT) against $1,043.70 late in New York on Wednesday.
Most-active December gold futures settled up $11.90, or 1.1 percent, at $1,056.30 an ounce on the COMEX division of the New York Mercantile Exchange.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper rose to a two-week high on Thursday while zinc hit a 15-month peak as a weak dollar attracted investors, and improved U.S data and strong earnings from Alco renewed bets for an economic recovery.
Copper for three-months delivery on the London Metal Exchange closed at $6,330 a tonne from $6,095 on Wednesday. Earlier the red metal jumped more than 4 percent to $6,343, its highest level since Sept. 22.
Aluminium closed at $1,909 from $1,845, having earlier surged more than 4 percent to a two-week high of $1,925.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil prices rose to settle above $71 a barrel on Thursday, supported by better-than-expected economic data and a weaker U.S. dollar.
U.S. crude for November delivery settled at $71.69, up 2.12. The contract closed $1.31 lower at $69.57 a barrel on Wednesday. In London, Brent crude settled at $69.77, up $2.57.
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
