-----------------------(06:25 / 1925 GMT)------------------------
Stock Markets
S&P/ASX 200 4,752.90 -15.70 NZSX 50 3,163.25 -5.68
DJIA 9,864.94 +78.07 Nikkei 10,016.39 +183.92
NASDAQ 2,139.28 +15.35 FTSE 5,161.87 +7.23
S&P 500 1,071.49 +6.01 Hang Seng 21,492.90 +6.54
SPI 200 Fut 4,783.00 +34.00 CRB Index 262.55 -1.36
Bonds
AU 10 YR Bond 94.630 -0.095 US 10 YR Bond 3.391 +0.000
NZ 10 YR Bond 4.925 +0.000 US 30 YR Bond 4.236 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.9043 0.9029 NZD US$ 0.7330 0.7389
EUR US$ 1.4721 1.4718 Yen US$ 89.58 89.22
Commodities
Gold (Lon) 1051.50 Silver (Lon) 17.630
Gold (NY) 1047.85 Light Crude 72.20
Overnight market action. Adds Sydney stock market trend.
EQUITIES
NEW YORK - U.S. stocks climbed on Friday, with the Dow hitting a closing high for 2009, as investors anticipated positive news from next week's key earnings reports and bullish broker comments boosted tech shares.
U.S. stocks achieved their best weekly gains since July and snapped a two-week losing streak. The five-day rally pushed the Dow Jones industrial average up 4 percent for the week, while the Standard & Poor's 500 advanced 4.5 percent and the Nasdaq gained 4.5 percent.
For a full report, double click on
- - - -
LONDON - Britain's leading shares added 0.1 percent on Friday in very quiet trading, which saw small gains in energy issues and drugmakers just offset weakness in miners and banks.
At the close, the FTSE 100 index was 7.23 points higher at 5,161.87 having moved in a narrow 40 point trading range. For the week, however, the index was up around 3.3 percent, recovering from a fairly cautious start to the month.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average closed above 10,000 on Friday for the first time in a week, with exporters climbing on a slightly weaker yen, while Fast Retailing gained after forecasting a record profit for this business year.
In moderate trade, the benchmark Nikkei gained 1.9 percent or 183.92 points to 10,016.39, its highest finish since Sept. 30. The index rose 2.9 percent on the week.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to rise on Monday following a rebound in Wall Street. Share index futures rose 34 points to 4.783, a 30.1 point preium to the 4,752.9 close of the underlying S&P/ASX 200 index on Friday.
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar rose broadly on Friday after Federal Reserve Chairman Ben Bernanke said the central bank will be ready to tighten monetary policy as an economic recovery takes hold.
The U.S. dollar, which slid for much of the week, recovered some losses against the euro and pulled away from a more than
8
month low against the yen earlier in the week. Despite Friday's gains, the greenback remained lower against a basket of currencies for the week.
The ICE Futures U.S. dollar index, which tracks the greenback against a basket of six major currencies, was up 0.6 percent at 76.430, above Thursday's 14-month low of 75.767. Based on late day trading, the index was down 0.8 percent for the week.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasury debt prices sank on Friday after the Federal Reserve said it would not let the current era of easy money get out of hand, raising fears it was closer to hiking interest rates than previously thought.
The comments by Fed Chairman Ben Bernanke on Thursday night caused the biggest bond market sell-off in more than a month, although the weakness follows a fairly impressive eight-week rally.
Benchmark 10-year notes fell 1-1/32 on the day, yielding 3.38 percent, the highest since Sept. 25, versus Thursday's close of 3.26 percent. The notes were on track for their worst day in over a month.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold slipped on Friday as the market took a breather on the dollar's rebound the day after this week's sharp rally pushed gold to a record high above $1,060 an ounce.
Most-active December gold futures settled down $7.70 at $1,048.60 an ounce on the COMEX division of the New York Mercantile Exchange.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper ended lower on Friday, backing away from the previous session's three-week highs on doubts that there is enough demand to support further gains given prices have nearly doubled this year.
Copper for December delivery on the New York Mercantile Exchange's COMEX division shed 6.05 cents, or 2.1 percent, to close at $2.8380 a lb, pulling back from Thursday's $2.9010 session, its loftiest level since Sept. 18.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil rose slightly on Friday as a positive demand forecast from the International Energy Agency outweighed gains in the U.S. dollar.
U.S. crude settled up 8 cents at $71.77 a barrel. London Brent crude gained 23 cents to settle at $70.00 a barrel.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 4,752.90 -15.70 NZSX 50 3,163.25 -5.68
DJIA 9,864.94 +78.07 Nikkei 10,016.39 +183.92
NASDAQ 2,139.28 +15.35 FTSE 5,161.87 +7.23
S&P 500 1,071.49 +6.01 Hang Seng 21,492.90 +6.54
SPI 200 Fut 4,783.00 +34.00 CRB Index 262.55 -1.36
Bonds
AU 10 YR Bond 94.630 -0.095 US 10 YR Bond 3.391 +0.000
NZ 10 YR Bond 4.925 +0.000 US 30 YR Bond 4.236 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.9043 0.9029 NZD US$ 0.7330 0.7389
EUR US$ 1.4721 1.4718 Yen US$ 89.58 89.22
Commodities
Gold (Lon) 1051.50 Silver (Lon) 17.630
Gold (NY) 1047.85 Light Crude 72.20
Overnight market action. Adds Sydney stock market trend.
EQUITIES
NEW YORK - U.S. stocks climbed on Friday, with the Dow hitting a closing high for 2009, as investors anticipated positive news from next week's key earnings reports and bullish broker comments boosted tech shares.
U.S. stocks achieved their best weekly gains since July and snapped a two-week losing streak. The five-day rally pushed the Dow Jones industrial average up 4 percent for the week, while the Standard & Poor's 500 advanced 4.5 percent and the Nasdaq gained 4.5 percent.
For a full report, double click on
- - - -
LONDON - Britain's leading shares added 0.1 percent on Friday in very quiet trading, which saw small gains in energy issues and drugmakers just offset weakness in miners and banks.
At the close, the FTSE 100 index was 7.23 points higher at 5,161.87 having moved in a narrow 40 point trading range. For the week, however, the index was up around 3.3 percent, recovering from a fairly cautious start to the month.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average closed above 10,000 on Friday for the first time in a week, with exporters climbing on a slightly weaker yen, while Fast Retailing gained after forecasting a record profit for this business year.
In moderate trade, the benchmark Nikkei gained 1.9 percent or 183.92 points to 10,016.39, its highest finish since Sept. 30. The index rose 2.9 percent on the week.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to rise on Monday following a rebound in Wall Street. Share index futures rose 34 points to 4.783, a 30.1 point preium to the 4,752.9 close of the underlying S&P/ASX 200 index on Friday.
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar rose broadly on Friday after Federal Reserve Chairman Ben Bernanke said the central bank will be ready to tighten monetary policy as an economic recovery takes hold.
The U.S. dollar, which slid for much of the week, recovered some losses against the euro and pulled away from a more than
8
month low against the yen earlier in the week. Despite Friday's gains, the greenback remained lower against a basket of currencies for the week.
The ICE Futures U.S. dollar index, which tracks the greenback against a basket of six major currencies, was up 0.6 percent at 76.430, above Thursday's 14-month low of 75.767. Based on late day trading, the index was down 0.8 percent for the week.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasury debt prices sank on Friday after the Federal Reserve said it would not let the current era of easy money get out of hand, raising fears it was closer to hiking interest rates than previously thought.
The comments by Fed Chairman Ben Bernanke on Thursday night caused the biggest bond market sell-off in more than a month, although the weakness follows a fairly impressive eight-week rally.
Benchmark 10-year notes fell 1-1/32 on the day, yielding 3.38 percent, the highest since Sept. 25, versus Thursday's close of 3.26 percent. The notes were on track for their worst day in over a month.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold slipped on Friday as the market took a breather on the dollar's rebound the day after this week's sharp rally pushed gold to a record high above $1,060 an ounce.
Most-active December gold futures settled down $7.70 at $1,048.60 an ounce on the COMEX division of the New York Mercantile Exchange.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper ended lower on Friday, backing away from the previous session's three-week highs on doubts that there is enough demand to support further gains given prices have nearly doubled this year.
Copper for December delivery on the New York Mercantile Exchange's COMEX division shed 6.05 cents, or 2.1 percent, to close at $2.8380 a lb, pulling back from Thursday's $2.9010 session, its loftiest level since Sept. 18.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil rose slightly on Friday as a positive demand forecast from the International Energy Agency outweighed gains in the U.S. dollar.
U.S. crude settled up 8 cents at $71.77 a barrel. London Brent crude gained 23 cents to settle at $70.00 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.