-----------------------(07:12 / 1912 GMT)-----------------------
Stock Markets
S&P/ASX 200 4,457.49 +78.32 NZSX 50 3,047.75 +12.91
DJIA 10,136.63 -122.36 Nikkei 9,762.98 +123.26
NASDAQ 2,257.04 -20.64 FTSE 5,188.43 -6.74
S&P 500 1,089.41 -13.65 Hang Seng 19,766.71 +335.34
SPI 200 Fut 4,424.00 -42.00 CRB Index 254.80 -2.92
Bonds
AU 10 YR Bond 5.412 +0.044 US 10 YR Bond 3.303 +0.000
NZ 10 YR Bond 5.580 +0.000 US 30 YR Bond 4.216 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8473 0.8514 NZD US$ 0.6784 0.6827
EUR US$ 1.2261 1.2349 Yen US$ 90.90 91.37
Commodities
Gold (Lon) 1207.50 Silver (Lon) 18.530
Gold (NY) 1214.05 Light Crude 73.97
____________________________(May 31)____________________________
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks fell on Friday, capping off their worst month in over a year as a downgrade by Fitch of Spain's credit rating reignited worries about euro-zone debt issues.
The Dow Jones industrial average dropped 122.36 points, or 1.19 percent, to 10,136.63. The Standard & Poor's 500 Index fell 13.65 points, or 1.24 percent, to 1,089.41. The Nasdaq Composite Index declined 20.64 points, or 0.91 percent, to 2,257.04.
For the week, the Dow edged 0.6 percent lower, the S&P 500 gained 0.2 percent and the Nasdaq added 1.3 percent.
For a full report, double click on
- - - -
LONDON - Britain's top shares closed lower on Friday, with oil giant BP tumbling as the costs of its Gulf of Mexico oil leak neared $1 billion, and weaker banks offsetting gains from defensive drugmakers and utilities.
The FTSE 100 ended 6.74 points or 0.1 percent lower at 5,188.43, having rallied 3.1 percent on Thursday.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average rose 1.3 percent on Friday in its best one-day performance for two weeks as exporter shares climbed on a halt in the yen's advance and trading houses gained on higher commodity prices.
The benchmark Nikkei gained 123.26 points to
9,762.98, moving further away from a six
month low below 9,400 hit the previous day when it ended up 1.2 percent on dip-buying. It lost 0.2 percent on the week for its second successive negative week. The broader Topix added 1 percent to 878.52.
For a full report, double click on
- - - -
FOREIGN EXCHANGE
NEW YORK - The euro fell across the board on Friday after Fitch Ratings downgraded Spain's credit rating, rekindling concerns about a sovereign debt crisis in the euro zone.
In late New York trading, the euro was at $1.2271, down 0.8 percent, after dipping as low as $1.2265, according to electronic trading platform EBS.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. government bonds rallied on Friday and were on track for their strongest month in nearly a year and a half as poor consumer spending data and a downgrade of Spain's credit rating supported safe-haven Treasuries.
The benchmark U.S. 10-year note was last up 22/32 in price, yielding 3.29 percent versus Thursday's close of 3.37 percent.
The 30-year long bond gained a point on the day. It was last up 1-1/32 in price, yielding 4.20 percent versus Thursday's close of 4.26 percent.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold edged up late on Friday, after Fitch Rating cut Spain's debt ratings, renewing fears of spreading euro zone credit problems and pressuring the euro and U.S. stock prices, which pushed some gold investors to cover short positions before the long holiday weekend.
Spot gold firmed to $1,213.85 an ounce by 2:45 p.m. EDT (1845 GMT) from $1,211.10 late in New York on Thursday.
Benchmark U.S. gold futures for August delivery on the COMEX division of the New York Mercantile Exchange finished 60 cents firmer at $1,215.0 an ounce.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper extended a pull-back from an earlier two-week high on Friday, after Spain's credit rating was downgraded, bringing concerns about euro-zone debt issues back into focus ahead of a long holiday weekend.
Benchmark copper on the London Metal Exchange pulled further away from an earlier two-week peak at $7,043 per tonne, to drop back down below $6,900 after the news hit.
Copper for July delivery ended down 5.40 cents, or
1.7 percent, at $3.1045 per lb on the New York Mercantile Exchange's COMEX division, down from an earlier two-week peak at $3.1870.
For a full report, double click on
- - - -
OIL
NEW YORK - U.S. crude oil futures ended lower on Friday, posting their worst monthly loss since December 2008, as a downgrade of Spain's credit ratings and disappointing U.S. economic data fueled investor caution about riskier assets.
U.S. crude futures for July delivery fell 58 cents, or 0.78 percent, to settle at $73.97 a barrel, having traded as low as $73.13 after reaching an early $75.72 high .
London's ICE Brent crude fell 64 cents to settle at $74.02, trading in a range from $73.28 to $75.74. Front-month Brent crude was down $13.42, or 15.4 percent for the month, the biggest monthly percentage decline since November, 2008,
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 4,457.49 +78.32 NZSX 50 3,047.75 +12.91
DJIA 10,136.63 -122.36 Nikkei 9,762.98 +123.26
NASDAQ 2,257.04 -20.64 FTSE 5,188.43 -6.74
S&P 500 1,089.41 -13.65 Hang Seng 19,766.71 +335.34
SPI 200 Fut 4,424.00 -42.00 CRB Index 254.80 -2.92
Bonds
AU 10 YR Bond 5.412 +0.044 US 10 YR Bond 3.303 +0.000
NZ 10 YR Bond 5.580 +0.000 US 30 YR Bond 4.216 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8473 0.8514 NZD US$ 0.6784 0.6827
EUR US$ 1.2261 1.2349 Yen US$ 90.90 91.37
Commodities
Gold (Lon) 1207.50 Silver (Lon) 18.530
Gold (NY) 1214.05 Light Crude 73.97
____________________________(May 31)____________________________
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks fell on Friday, capping off their worst month in over a year as a downgrade by Fitch of Spain's credit rating reignited worries about euro-zone debt issues.
The Dow Jones industrial average dropped 122.36 points, or 1.19 percent, to 10,136.63. The Standard & Poor's 500 Index fell 13.65 points, or 1.24 percent, to 1,089.41. The Nasdaq Composite Index declined 20.64 points, or 0.91 percent, to 2,257.04.
For the week, the Dow edged 0.6 percent lower, the S&P 500 gained 0.2 percent and the Nasdaq added 1.3 percent.
For a full report, double click on
- - - -
LONDON - Britain's top shares closed lower on Friday, with oil giant BP tumbling as the costs of its Gulf of Mexico oil leak neared $1 billion, and weaker banks offsetting gains from defensive drugmakers and utilities.
The FTSE 100 ended 6.74 points or 0.1 percent lower at 5,188.43, having rallied 3.1 percent on Thursday.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average rose 1.3 percent on Friday in its best one-day performance for two weeks as exporter shares climbed on a halt in the yen's advance and trading houses gained on higher commodity prices.
The benchmark Nikkei gained 123.26 points to
9,762.98, moving further away from a six
month low below 9,400 hit the previous day when it ended up 1.2 percent on dip-buying. It lost 0.2 percent on the week for its second successive negative week. The broader Topix added 1 percent to 878.52.
For a full report, double click on
- - - -
FOREIGN EXCHANGE
NEW YORK - The euro fell across the board on Friday after Fitch Ratings downgraded Spain's credit rating, rekindling concerns about a sovereign debt crisis in the euro zone.
In late New York trading, the euro was at $1.2271, down 0.8 percent, after dipping as low as $1.2265, according to electronic trading platform EBS.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. government bonds rallied on Friday and were on track for their strongest month in nearly a year and a half as poor consumer spending data and a downgrade of Spain's credit rating supported safe-haven Treasuries.
The benchmark U.S. 10-year note was last up 22/32 in price, yielding 3.29 percent versus Thursday's close of 3.37 percent.
The 30-year long bond gained a point on the day. It was last up 1-1/32 in price, yielding 4.20 percent versus Thursday's close of 4.26 percent.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold edged up late on Friday, after Fitch Rating cut Spain's debt ratings, renewing fears of spreading euro zone credit problems and pressuring the euro and U.S. stock prices, which pushed some gold investors to cover short positions before the long holiday weekend.
Spot gold firmed to $1,213.85 an ounce by 2:45 p.m. EDT (1845 GMT) from $1,211.10 late in New York on Thursday.
Benchmark U.S. gold futures for August delivery on the COMEX division of the New York Mercantile Exchange finished 60 cents firmer at $1,215.0 an ounce.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper extended a pull-back from an earlier two-week high on Friday, after Spain's credit rating was downgraded, bringing concerns about euro-zone debt issues back into focus ahead of a long holiday weekend.
Benchmark copper on the London Metal Exchange pulled further away from an earlier two-week peak at $7,043 per tonne, to drop back down below $6,900 after the news hit.
Copper for July delivery ended down 5.40 cents, or
1.7 percent, at $3.1045 per lb on the New York Mercantile Exchange's COMEX division, down from an earlier two-week peak at $3.1870.
For a full report, double click on
- - - -
OIL
NEW YORK - U.S. crude oil futures ended lower on Friday, posting their worst monthly loss since December 2008, as a downgrade of Spain's credit ratings and disappointing U.S. economic data fueled investor caution about riskier assets.
U.S. crude futures for July delivery fell 58 cents, or 0.78 percent, to settle at $73.97 a barrel, having traded as low as $73.13 after reaching an early $75.72 high .
London's ICE Brent crude fell 64 cents to settle at $74.02, trading in a range from $73.28 to $75.74. Front-month Brent crude was down $13.42, or 15.4 percent for the month, the biggest monthly percentage decline since November, 2008,
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 2010. 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.