-----------------------(06:25 / 2025 GMT)-----------------------
Stock Markets
S&P/ASX 200 3,773.20 +49.80 NZSX 50 2,790.90 +14.78
DJIA 8,268.64 -62.68 Nikkei 9,265.02 +171.29
NASDAQ 1,680.14 -9.07 FTSE 4,348.11 -14.47
S&P 500 0,882.88 -10.19 Hang Seng 16,541.69 +249.01
SPI 200 Fut 3,737.00 -42.00 CRB Index 236.24 -5.55
Bonds
AU 10 YR Bond 95.125 -0.015 US 10 YR Bond 3.134 +0.000
NZ 10 YR Bond 4.400 +0.005 US 30 YR Bond 4.086 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.7486 0.7561 NZD US$ 0.5850 0.5908
EUR US$ 1.3488 1.3597 Yen US$ 94.81 95.45
Commodities
Gold (Lon) 929.50 Silver (Lon) 13.920
Gold (NY) 930.70 Light Crude 56.35
------------------------(May 18)--------------------------------
Overnight market action. Adds Sydney stock update.
EQUITIES
NEW YORK - U.S. stocks stumbled on Friday as energy shares dropped along with oil prices on worries about weak demand, overshadowing fresh reassuring economic data.
The Dow Jones industrial average declined 62.68 points, or 0.75 percent, to 8,268.64. The Standard & Poor's 500 Index dropped 10.19 points, or 1.14 percent, to 882.88. The Nasdaq Composite Index eased 9.07 points, or 0.54 percent, to 1,680.14.
The Nasdaq fell 3.4 percent for the week, breaking a nine-week winning streak. The S&P 500 lost 5 percent and the Dow shed 3.6 percent.
For a full report, double click on
- - - -
LONDON - Weakness in energy stocks and drugmakers outweighed gains in miners, leading Britain's FTSE 100 to close down 0.3 percent on Friday, while Barclays rose after it said it was in talks to sell fund unit BGI.
Britain's blue-chip index closed 14.47 points down at 4,348.11, after rising 0.7 percent on Thursday to snap a three-day losing run.
The UK benchmark is down 1.5 percent for the year and 2.6 percent for the week but is still 25.6 percent up from a six-year trough set on March 9.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average advanced 1.9 percent on Friday, as machinery shares gained after orders dropped less than forecast and Sony Corp surged after projecting a smaller-than-expected annual loss.
The benchmark Nikkei rose 171.29 points in light trade to 9,265.02. after falling 2.6 percent the previous day to its lowest close since May 1. The Nikkei fell 1.8 percent on the week. The broader Topix added 2.2 percent to 881.65.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to fall on Monday after a deline on Wall Street. Share index futures lost 42 points to 3,737, a 36.2 point discount to the 3,773.2 close of the underlying S&P/ASX 200 index on Friday.
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar and yen rose on Friday as worries persisted about global economic prospects after more evidence of recession in Europe and the U.S. triggered stock losses across the globe, prompting investors to seek shelter in the yen in particular.
In late afternoon New York trading, the euro fell 1.1 percent to $1.3485, after touching session lows at 1.3463, according to Reuters data. The euro also was down 2.0 percent against the yen at 128.17 yen after tumbling to two-week lows at 127.97 earlier, Reuters data show.
The U.S. dollar dropped 0.8 percent to 95.10 yen, having hit a two-month low of 94.74 yen according to Reuters data. A close below the 100-day moving average of 95.14 yen will be the first in three months, according to Reuters charts.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. government bonds slipped on Friday, pulling yields off two-week lows, after industry and consumer sentiment reports bolstered hopes the economy might soon start to recover from the worst recession in decades.
Benchmark 10-year Treasury notes traded 11/32 lower in price for a yield of 3.14 percent, up from 3.10 percent late on Thursday. Friday's losses ended a recovery from last week's sell-off that lifted yields to a 5-1/2-month high of 3.38 percent. Benchmark yields overall gained about 15 basis points on the week.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK/LONDON - Gold climbed to its highest level in six weeks on Friday after data showed U.S. core inflation in April rose more than expected, which boosted the precious metal's appeal as a hedge against rising prices.
Spot gold rallied to $933.65 an ounce, its highest price since March 27. It was at $930.70 an ounce at 3:45 p.m. EDT (1945 GMT), up 0.6 percent from its late Thursday quote of $925.35 in New York on Thursday.
U.S. gold futures for June delivery settled up $2.90 at $931.30 an ounce on the COMEX division of the New York Mercantile Exchange.
For a full report, double click on
- - - -
BASE METALS
NEW YORK/LONDON - Copper closed off its session highs on Friday after better-than-expected data from the United States failed to produce a strong reaction in a market that continued to correct from overheated levels, analysts said.
Copper for July delivery on the New York Mercantile Exchange's COMEX division eased 0.95 cent to settle at $2.0175 a lb, after dealing in a session range between $1.9735 and $2.0465.
On the London Metal Exchange, three-month copper closed up $5 at $4,450 a tonne, moving between $4,332 and $4,495.25.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil fell nearly 4 percent toward $56 a barrel on Friday as dealers became increasingly pessimistic about the outlook for global energy demand, hard hit by the economic slump.
U.S. crude for June delivery fell $2.28 to settle at $56.34 a barrel, down from a six-month high of more than $60 hit earlier this week. London Brent for July fell $2.61 to $55.98 a barrel.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 3,773.20 +49.80 NZSX 50 2,790.90 +14.78
DJIA 8,268.64 -62.68 Nikkei 9,265.02 +171.29
NASDAQ 1,680.14 -9.07 FTSE 4,348.11 -14.47
S&P 500 0,882.88 -10.19 Hang Seng 16,541.69 +249.01
SPI 200 Fut 3,737.00 -42.00 CRB Index 236.24 -5.55
Bonds
AU 10 YR Bond 95.125 -0.015 US 10 YR Bond 3.134 +0.000
NZ 10 YR Bond 4.400 +0.005 US 30 YR Bond 4.086 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.7486 0.7561 NZD US$ 0.5850 0.5908
EUR US$ 1.3488 1.3597 Yen US$ 94.81 95.45
Commodities
Gold (Lon) 929.50 Silver (Lon) 13.920
Gold (NY) 930.70 Light Crude 56.35
------------------------(May 18)--------------------------------
Overnight market action. Adds Sydney stock update.
EQUITIES
NEW YORK - U.S. stocks stumbled on Friday as energy shares dropped along with oil prices on worries about weak demand, overshadowing fresh reassuring economic data.
The Dow Jones industrial average declined 62.68 points, or 0.75 percent, to 8,268.64. The Standard & Poor's 500 Index dropped 10.19 points, or 1.14 percent, to 882.88. The Nasdaq Composite Index eased 9.07 points, or 0.54 percent, to 1,680.14.
The Nasdaq fell 3.4 percent for the week, breaking a nine-week winning streak. The S&P 500 lost 5 percent and the Dow shed 3.6 percent.
For a full report, double click on
- - - -
LONDON - Weakness in energy stocks and drugmakers outweighed gains in miners, leading Britain's FTSE 100 to close down 0.3 percent on Friday, while Barclays rose after it said it was in talks to sell fund unit BGI.
Britain's blue-chip index closed 14.47 points down at 4,348.11, after rising 0.7 percent on Thursday to snap a three-day losing run.
The UK benchmark is down 1.5 percent for the year and 2.6 percent for the week but is still 25.6 percent up from a six-year trough set on March 9.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average advanced 1.9 percent on Friday, as machinery shares gained after orders dropped less than forecast and Sony Corp surged after projecting a smaller-than-expected annual loss.
The benchmark Nikkei rose 171.29 points in light trade to 9,265.02. after falling 2.6 percent the previous day to its lowest close since May 1. The Nikkei fell 1.8 percent on the week. The broader Topix added 2.2 percent to 881.65.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to fall on Monday after a deline on Wall Street. Share index futures lost 42 points to 3,737, a 36.2 point discount to the 3,773.2 close of the underlying S&P/ASX 200 index on Friday.
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar and yen rose on Friday as worries persisted about global economic prospects after more evidence of recession in Europe and the U.S. triggered stock losses across the globe, prompting investors to seek shelter in the yen in particular.
In late afternoon New York trading, the euro fell 1.1 percent to $1.3485, after touching session lows at 1.3463, according to Reuters data. The euro also was down 2.0 percent against the yen at 128.17 yen after tumbling to two-week lows at 127.97 earlier, Reuters data show.
The U.S. dollar dropped 0.8 percent to 95.10 yen, having hit a two-month low of 94.74 yen according to Reuters data. A close below the 100-day moving average of 95.14 yen will be the first in three months, according to Reuters charts.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. government bonds slipped on Friday, pulling yields off two-week lows, after industry and consumer sentiment reports bolstered hopes the economy might soon start to recover from the worst recession in decades.
Benchmark 10-year Treasury notes traded 11/32 lower in price for a yield of 3.14 percent, up from 3.10 percent late on Thursday. Friday's losses ended a recovery from last week's sell-off that lifted yields to a 5-1/2-month high of 3.38 percent. Benchmark yields overall gained about 15 basis points on the week.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK/LONDON - Gold climbed to its highest level in six weeks on Friday after data showed U.S. core inflation in April rose more than expected, which boosted the precious metal's appeal as a hedge against rising prices.
Spot gold rallied to $933.65 an ounce, its highest price since March 27. It was at $930.70 an ounce at 3:45 p.m. EDT (1945 GMT), up 0.6 percent from its late Thursday quote of $925.35 in New York on Thursday.
U.S. gold futures for June delivery settled up $2.90 at $931.30 an ounce on the COMEX division of the New York Mercantile Exchange.
For a full report, double click on
- - - -
BASE METALS
NEW YORK/LONDON - Copper closed off its session highs on Friday after better-than-expected data from the United States failed to produce a strong reaction in a market that continued to correct from overheated levels, analysts said.
Copper for July delivery on the New York Mercantile Exchange's COMEX division eased 0.95 cent to settle at $2.0175 a lb, after dealing in a session range between $1.9735 and $2.0465.
On the London Metal Exchange, three-month copper closed up $5 at $4,450 a tonne, moving between $4,332 and $4,495.25.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil fell nearly 4 percent toward $56 a barrel on Friday as dealers became increasingly pessimistic about the outlook for global energy demand, hard hit by the economic slump.
U.S. crude for June delivery fell $2.28 to settle at $56.34 a barrel, down from a six-month high of more than $60 hit earlier this week. London Brent for July fell $2.61 to $55.98 a barrel.
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.