-----------------------(06:23 / 2024 GMT)-----------------------
Stock Markets
S&P/ASX 200 3,761.60 -52.30 NZSX 50 2,760.54 -15.77
DJIA 8,277.32 -14.81 Nikkei 9,225.81 -38.34
NASDAQ 1,692.01 -3.24 FTSE 4,365.29 +19.82
S&P 500 0,887.00 -1.33 Hang Seng 17,199.49 -136.97
SPI 200 Fut 3,772.00 -3.00 CRB Index 244.10 +1.74
Bonds
AU 10 YR Bond 94.790 -0.025 US 10 YR Bond 3.4495
NZ 10 YR Bond 4.600 +0.105 US 30 YR Bond 4.3836
Currencies (Prev at 7pm NZST)
AUD US$ 0.7809 0.7809 NZD US$ 0.6163 0.6153
EUR US$ 1.4018 1.3950 Yen US$ 94.57 94.14
Commodities
Gold (Lon) 959.75 Silver (Lon) 14.660
Gold (NY) 956.35 Light Crude 61.55
Overnight market action to New York close on Friday. Adds Sydney stock market trend.
EQUITIES
NEW YORK - U.S. stocks fell for a fourth day on Friday on persistent worries about the U.S. budget deficit, with U.S. Treasuries and the dollar losing ground.
The Dow Jones industrial average dropped 14.81 points, or 0.18 percent, to 8,277.32. The Standard & Poor's 500 Index fell 1.33 points, or 0.15 percent, to 887.00. The Nasdaq Composite Index lost 3.24 points, or 0.19 percent, to 1,692.01.
For a full report, double click on
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LONDON - European shares ended lower for the second day in a row on Friday, further cooling a rally that has added a third to stock prices in the past ten weeks, as defensives and Swiss stocks weighed.
The FTSEurofirst 300 index of top European shares ended down 0.18 percent at 856 points, having traded up as much as 0.6 percent earlier in the session.
For a full report, double click on
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TOKYO - Japan's Nikkei average dipped 0.4 percent on Friday, with Canon and other exporters hurt by a stronger yen, but falls were limited by continued optimism that economic fundamentals are improving.
In light trade, the benchmark Nikkei ended down 38.34 points at 9,225.81 after briefly turning positive.
The broader Topix slipped 0.6 percent to 875.88.
For a full report, double click on
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SYDNEY
Australian shares are set for a cautious start on Monday after a fall in Wall Street. June share index futures fell 3 points to 3,772, a 10.4 point premium to the 3,761.6 close of the underlying S&P/ASX 200 index on Friday.
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FOREIGN EXCHANGE
NEW YORK - The U.S. dollar dropped to its lowest level this year on Friday, and was on track for its biggest weekly fall in two months, on growing concerns about the AAA-rating status of the United States.
The dollar index was on track for a 3.6 percent drop this week, the worst week since March. The index has lost more than 5.0 percent so far in May, one of its steepest monthly declines over the last 25 years.
The euro was up 0.8 percent at $1.4009, after hitting a session peak of $1.4050, according to Reuters data, the highest since early January.
For a full report, double click on
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TREASURIES
NEW YORK - U.S. government bond prices extended their decline on Friday, pushing benchmark yields to six-month highs, as investors worried about the country's financial position amid sustained selling of the dollar.
After selling off on Thursday, bonds extended losses on Friday with benchmark 10-year notes falling 21/32, their yields rising to 3.45 percent, up a quarter percentage point in just two days and their highest level since November.
For a full report, double click on
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COMMODITIES
GOLD
NEW YORK - Gold climbed to a two-month high on Friday, breaching $960 an ounce for the first time since late March as the dollar's slide boosted buying of the metal as a currency hedge.
Spot gold touched a high of $961.30 an ounce, the loftiest price since March 20. It was at $956.95 an ounce at 2:32 p.m. EDT (1832 GMT), up 0.4 percent from its late Thursday quote in New York at $953.40 an ounce.
U.S. gold futures for June delivery settled up $7.70 at $958.90 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 - An ongoing deterioration in the value of the U.S. dollar helped propel prices of industrial metals higher on Friday, but lingering concerns about economic and demand growth prospects held the gains in check.
Copper for July delivery on the New York Mercantile Exchange's COMEX division rose 4.65 cents, or nearly 2.3 percent, to close at $2.0975 a lb.
On the London Metal Exchange (LME), three-month copper rallied 4 percent to a session peak at $4,650 a tonne, before ending at $4,610, versus Thursday's last bid at $4,469.
For a full report, double click on
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OIL
NEW YORK - Oil prices rose on Friday as data showing a big increase in Chinese demand, along with a weak dollar, offset persistent worries about the fiscal outlook for top energy consumer the United States.
U.S. crude futures settled up 62 cents at $61.67 a barrel, while London Brent rose 85 cents to settle at $60.78 a barrel.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 3,761.60 -52.30 NZSX 50 2,760.54 -15.77
DJIA 8,277.32 -14.81 Nikkei 9,225.81 -38.34
NASDAQ 1,692.01 -3.24 FTSE 4,365.29 +19.82
S&P 500 0,887.00 -1.33 Hang Seng 17,199.49 -136.97
SPI 200 Fut 3,772.00 -3.00 CRB Index 244.10 +1.74
Bonds
AU 10 YR Bond 94.790 -0.025 US 10 YR Bond 3.4495
NZ 10 YR Bond 4.600 +0.105 US 30 YR Bond 4.3836
Currencies (Prev at 7pm NZST)
AUD US$ 0.7809 0.7809 NZD US$ 0.6163 0.6153
EUR US$ 1.4018 1.3950 Yen US$ 94.57 94.14
Commodities
Gold (Lon) 959.75 Silver (Lon) 14.660
Gold (NY) 956.35 Light Crude 61.55
Overnight market action to New York close on Friday. Adds Sydney stock market trend.
EQUITIES
NEW YORK - U.S. stocks fell for a fourth day on Friday on persistent worries about the U.S. budget deficit, with U.S. Treasuries and the dollar losing ground.
The Dow Jones industrial average dropped 14.81 points, or 0.18 percent, to 8,277.32. The Standard & Poor's 500 Index fell 1.33 points, or 0.15 percent, to 887.00. The Nasdaq Composite Index lost 3.24 points, or 0.19 percent, to 1,692.01.
For a full report, double click on
- - - -
LONDON - European shares ended lower for the second day in a row on Friday, further cooling a rally that has added a third to stock prices in the past ten weeks, as defensives and Swiss stocks weighed.
The FTSEurofirst 300 index of top European shares ended down 0.18 percent at 856 points, having traded up as much as 0.6 percent earlier in the session.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average dipped 0.4 percent on Friday, with Canon and other exporters hurt by a stronger yen, but falls were limited by continued optimism that economic fundamentals are improving.
In light trade, the benchmark Nikkei ended down 38.34 points at 9,225.81 after briefly turning positive.
The broader Topix slipped 0.6 percent to 875.88.
For a full report, double click on
- - - -
SYDNEY
Australian shares are set for a cautious start on Monday after a fall in Wall Street. June share index futures fell 3 points to 3,772, a 10.4 point premium to the 3,761.6 close of the underlying S&P/ASX 200 index on Friday.
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar dropped to its lowest level this year on Friday, and was on track for its biggest weekly fall in two months, on growing concerns about the AAA-rating status of the United States.
The dollar index was on track for a 3.6 percent drop this week, the worst week since March. The index has lost more than 5.0 percent so far in May, one of its steepest monthly declines over the last 25 years.
The euro was up 0.8 percent at $1.4009, after hitting a session peak of $1.4050, according to Reuters data, the highest since early January.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. government bond prices extended their decline on Friday, pushing benchmark yields to six-month highs, as investors worried about the country's financial position amid sustained selling of the dollar.
After selling off on Thursday, bonds extended losses on Friday with benchmark 10-year notes falling 21/32, their yields rising to 3.45 percent, up a quarter percentage point in just two days and their highest level since November.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold climbed to a two-month high on Friday, breaching $960 an ounce for the first time since late March as the dollar's slide boosted buying of the metal as a currency hedge.
Spot gold touched a high of $961.30 an ounce, the loftiest price since March 20. It was at $956.95 an ounce at 2:32 p.m. EDT (1832 GMT), up 0.4 percent from its late Thursday quote in New York at $953.40 an ounce.
U.S. gold futures for June delivery settled up $7.70 at $958.90 an ounce on the COMEX division of the New York Mercantile Exchange.
For a full report, double click on
- - - -
BASE METALS
LONDON - An ongoing deterioration in the value of the U.S. dollar helped propel prices of industrial metals higher on Friday, but lingering concerns about economic and demand growth prospects held the gains in check.
Copper for July delivery on the New York Mercantile Exchange's COMEX division rose 4.65 cents, or nearly 2.3 percent, to close at $2.0975 a lb.
On the London Metal Exchange (LME), three-month copper rallied 4 percent to a session peak at $4,650 a tonne, before ending at $4,610, versus Thursday's last bid at $4,469.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil prices rose on Friday as data showing a big increase in Chinese demand, along with a weak dollar, offset persistent worries about the fiscal outlook for top energy consumer the United States.
U.S. crude futures settled up 62 cents at $61.67 a barrel, while London Brent rose 85 cents to settle at $60.78 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.