-----------------------(06:20 / 2020 GMT)-----------------------
Stock Markets
S&P/ASX 200 4,290.60 -86.90 NZSX 50 3,034.95 -18.16
DJIA 9,505.96 +155.91 Nikkei 10,238.20 -145.21
NASDAQ 2,020.90 +31.68 FTSE 4,850.89 +94.31
S&P 500 1,026.13 +18.76 Hang Seng 20,328.86 -129.84
SPI 200 Fut 4,320.00 +69.00 CRB Index 259.24 +2.31
Bonds
AU 10 YR Bond 94.530 -0.075 US 10 YR Bond 3.569 +0.000
NZ 10 YR Bond 4.900 +0.000 US 30 YR Bond 4.376 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8353 0.8289 NZD US$ 0.6830 0.6755
EUR US$ 1.4327 1.4242 Yen US$ 94.26 93.96
Commodities
Gold (Lon) 952.50 Silver (Lon) 14.010
Gold (NY) 953.15 Light Crude 73.83
Overnight market action. Adds Sydney stock market trend. Updates to the close of New York markets.
EQUITIES
NEW YORK - U.S. stocks ended the week at 2009 highs on Friday after a surprising rise in home sales and optimistic comments from Federal Reserve chief Ben Bernanke reassured investors about the prospects for an economic recovery.
The S&P 500 and the Nasdaq hit 10-month intraday highs, while the Dow industrials rose to their highest level in nine months. The S&P 500 is now up 51.7 percent from its 12-year closing low set on March 9.
The Dow Jones industrial average jumped 155.91 points, or 1.67 percent, to end at 9,505.96. The Standard & Poor's 500 Index climbed 18.76 points, or 1.86 percent, to 1,026.13. The Nasdaq Composite Index rose 31.68 points, or 1.59 percent, to 2,020.90.
For the week, the Dow rose 2 percent, the S&P 500 gained 2.2 percent and the Nasdaq climbed 1.8 percent.
For a full report, double click on
- - - -
LONDON - Britain's FTSE 100 ended 2 percent higher on Friday, setting its highest close since early October 2008 and completing a fruitful week for the index as stocks extended their rally on the back of strong economic data.
Led by commodity and financial stocks, the FTSE 100 index closed 94.31 points higher at 4,850.89, its fourth straight day of gains and trading above 4,800 for the first time since Oct. 12, 2008.
The UK benchmark advanced 2.9 percent on the week and is up 9.4 percent this year, after rallying 40 percent since hitting a floor in early March.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average slipped 1.4 percent on Friday, hurt by the yen's advance against the dollar, with Toyota Motor and other automakers also skidding on news that the United States will end a car rebate programme soon.
In moderate trade the benchmark Nikkei shed 145.21 points to 10,238.20, after briefly falling as far as 10,142.22, its lowest point since July 30. It gave up 3.4 percent on the week. The broader Topix slipped 1.2 percent to 947.34.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to rise on Monday after a rebound in the Dow Jones. Share index futures rose 69 points to 4,320, a 29.4 point premium to the 4,290.6 close of the underlying S&P/ASX 200 index on Friday.
Fairfax Media Ltd release its full year results.
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar and yen fell on Friday after a strong U.S. housing sales report and upbeat comments from Federal Reserve Chairman Ben Bernanke reduced the safe-haven appeal of the U.S. and Japanese currencies.
In late New York trading, the euro rose 0.6 percent at $1.4333 after hitting a session peak of $1.4375, the highest since Aug. 7, according to Reuters data. It was also up 0.7 percent at 135.18 yen.
The dollar was up 0.1 percent at 94.29 yen, off a session high of 94.71 yen, after trading as low as 93.40 yen.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasuries fell sharply on Friday as stocks rallied on a strong rise in July home sales, bolstering hopes the housing market may have bottomed and helping drive the benchmark note down a full point in price.
The benchmark 10-year Treasury note's price, which moves inversely to its yield, traded down 1-5/32 for a yield of 3.57 percent, up from 3.44 percent late Thursday, and on track for its weakest daily performance in nearly three weeks.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK/LONDON - Gold futures climbed toward $960 an ounce on Friday, gaining more than 1 percent as the dollar slumped against the euro, boosting the metal's appeal as a hedge against the falling U.S. currency.
U.S. December gold settled up $13, or 1.4 percent, at $954.70 an ounce on the COMEX division of the New York Mercantile Exchange.
Spot gold rose as high as $957.65 an ounce, its loftiest price since Aug. 14. It was last at $952.95 an ounce at 2:15 p.m. EDT (1815 GMT), versus $939.35 quoted late in New York on Thursday.
For a full report, double click on
- - - -
BASE METALS
NEW YORK/LONDON - Copper hit a one-week high on Friday, rallying more than 5 percent as strong U.S. housing data boosted many investors' outlook for demand.
Copper for three-months delivery on the London Metal Exchange closed at $6,270 a tonne versus $6,049 on Thursday. In late after hours trade, it had moved to its highest since Aug. 14 at $6,335 a tonne, rallying with other markets.
In New York, copper for September delivery settled 13.90 cent, or 5.07 percent, higher at $2.8805 a lb on the New York Mercantile Exchange's COMEX division, near the one-week peak at $2.8835 hit earlier. That level was last seen on Aug. 14 when copper reached a 10-1/2-month top.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil rose nearly $1 towards $74 a barrel to settle at a 10-month high on Friday as data in the United States promised economic recovery and a potential revival in energy demand.
U.S. crude for October delivery settled up 98 cents at $73.89 per barrel, the highest settle since Oct. 20. London Brent crude for October settled up 86 cents at $74.19.
Crude rose $6.38 over the week, nearly 10 percent, from the $67.51 settle on Aug. 14.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 4,290.60 -86.90 NZSX 50 3,034.95 -18.16
DJIA 9,505.96 +155.91 Nikkei 10,238.20 -145.21
NASDAQ 2,020.90 +31.68 FTSE 4,850.89 +94.31
S&P 500 1,026.13 +18.76 Hang Seng 20,328.86 -129.84
SPI 200 Fut 4,320.00 +69.00 CRB Index 259.24 +2.31
Bonds
AU 10 YR Bond 94.530 -0.075 US 10 YR Bond 3.569 +0.000
NZ 10 YR Bond 4.900 +0.000 US 30 YR Bond 4.376 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8353 0.8289 NZD US$ 0.6830 0.6755
EUR US$ 1.4327 1.4242 Yen US$ 94.26 93.96
Commodities
Gold (Lon) 952.50 Silver (Lon) 14.010
Gold (NY) 953.15 Light Crude 73.83
Overnight market action. Adds Sydney stock market trend. Updates to the close of New York markets.
EQUITIES
NEW YORK - U.S. stocks ended the week at 2009 highs on Friday after a surprising rise in home sales and optimistic comments from Federal Reserve chief Ben Bernanke reassured investors about the prospects for an economic recovery.
The S&P 500 and the Nasdaq hit 10-month intraday highs, while the Dow industrials rose to their highest level in nine months. The S&P 500 is now up 51.7 percent from its 12-year closing low set on March 9.
The Dow Jones industrial average jumped 155.91 points, or 1.67 percent, to end at 9,505.96. The Standard & Poor's 500 Index climbed 18.76 points, or 1.86 percent, to 1,026.13. The Nasdaq Composite Index rose 31.68 points, or 1.59 percent, to 2,020.90.
For the week, the Dow rose 2 percent, the S&P 500 gained 2.2 percent and the Nasdaq climbed 1.8 percent.
For a full report, double click on
- - - -
LONDON - Britain's FTSE 100 ended 2 percent higher on Friday, setting its highest close since early October 2008 and completing a fruitful week for the index as stocks extended their rally on the back of strong economic data.
Led by commodity and financial stocks, the FTSE 100 index closed 94.31 points higher at 4,850.89, its fourth straight day of gains and trading above 4,800 for the first time since Oct. 12, 2008.
The UK benchmark advanced 2.9 percent on the week and is up 9.4 percent this year, after rallying 40 percent since hitting a floor in early March.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average slipped 1.4 percent on Friday, hurt by the yen's advance against the dollar, with Toyota Motor and other automakers also skidding on news that the United States will end a car rebate programme soon.
In moderate trade the benchmark Nikkei shed 145.21 points to 10,238.20, after briefly falling as far as 10,142.22, its lowest point since July 30. It gave up 3.4 percent on the week. The broader Topix slipped 1.2 percent to 947.34.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to rise on Monday after a rebound in the Dow Jones. Share index futures rose 69 points to 4,320, a 29.4 point premium to the 4,290.6 close of the underlying S&P/ASX 200 index on Friday.
Fairfax Media Ltd release its full year results.
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar and yen fell on Friday after a strong U.S. housing sales report and upbeat comments from Federal Reserve Chairman Ben Bernanke reduced the safe-haven appeal of the U.S. and Japanese currencies.
In late New York trading, the euro rose 0.6 percent at $1.4333 after hitting a session peak of $1.4375, the highest since Aug. 7, according to Reuters data. It was also up 0.7 percent at 135.18 yen.
The dollar was up 0.1 percent at 94.29 yen, off a session high of 94.71 yen, after trading as low as 93.40 yen.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasuries fell sharply on Friday as stocks rallied on a strong rise in July home sales, bolstering hopes the housing market may have bottomed and helping drive the benchmark note down a full point in price.
The benchmark 10-year Treasury note's price, which moves inversely to its yield, traded down 1-5/32 for a yield of 3.57 percent, up from 3.44 percent late Thursday, and on track for its weakest daily performance in nearly three weeks.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK/LONDON - Gold futures climbed toward $960 an ounce on Friday, gaining more than 1 percent as the dollar slumped against the euro, boosting the metal's appeal as a hedge against the falling U.S. currency.
U.S. December gold settled up $13, or 1.4 percent, at $954.70 an ounce on the COMEX division of the New York Mercantile Exchange.
Spot gold rose as high as $957.65 an ounce, its loftiest price since Aug. 14. It was last at $952.95 an ounce at 2:15 p.m. EDT (1815 GMT), versus $939.35 quoted late in New York on Thursday.
For a full report, double click on
- - - -
BASE METALS
NEW YORK/LONDON - Copper hit a one-week high on Friday, rallying more than 5 percent as strong U.S. housing data boosted many investors' outlook for demand.
Copper for three-months delivery on the London Metal Exchange closed at $6,270 a tonne versus $6,049 on Thursday. In late after hours trade, it had moved to its highest since Aug. 14 at $6,335 a tonne, rallying with other markets.
In New York, copper for September delivery settled 13.90 cent, or 5.07 percent, higher at $2.8805 a lb on the New York Mercantile Exchange's COMEX division, near the one-week peak at $2.8835 hit earlier. That level was last seen on Aug. 14 when copper reached a 10-1/2-month top.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil rose nearly $1 towards $74 a barrel to settle at a 10-month high on Friday as data in the United States promised economic recovery and a potential revival in energy demand.
U.S. crude for October delivery settled up 98 cents at $73.89 per barrel, the highest settle since Oct. 20. London Brent crude for October settled up 86 cents at $74.19.
Crude rose $6.38 over the week, nearly 10 percent, from the $67.51 settle on Aug. 14.
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.