-----------------------(06:35 /2035 GMT)-----------------------
Stock Markets
S&P/ASX 200 0,000.00 +0.00 NZSX 50 0,000.00 +0.00
DJIA 9,931.97 -323.31 Nikkei 9,901.19 -13.00
NASDAQ 2,219.17 -83.86 FTSE 5,126.00 -85.18
S&P 500 1,064.88 -37.95 Hang Seng 19,786.71 -6.64
SPI 200 Fut 4,353.00 -114.00 CRB Index 248.94 -5.95
Bonds (Yield)
AU 10 YR Bond 5.290 +0.120 US 10 YR Bond 3.208 +0.000
NZ 10 YR Bond 5.630 +0.000 US 30 YR Bond 4.133 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8200 0.8463 NZD US$ 0.6684 0.6850
EUR US$ 1.1926 1.2182 Yen US$ 91.70 92.68
Commodities
Gold (Lon) 1203.50 Silver (Lon) 17.760
Gold (NY) 1219.65 Light Crude 71.51
____________________________(June 7)____________________________
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks cascaded to their lowest close since February on Friday after May's jobs figure slammed investors already reeling from worry over another developing debt crisis, this time in Hungary.
Data showed the U.S. economy added fewer-than-expected jobs last month, with a large portion of those being temporary hirings for the U.S. Census. Investors rapidly reversed bets made during the week as expectations for a blowout number grew, leading up to the report. For details, see
The Dow Jones industrial average dropped 323.31 points, or 3.15 percent, to 9,931.97. The Standard & Poor's 500 Index lost 37.95 points, or 3.44 percent, to 1,064.88. The Nasdaq Composite Index tumbled 83.86 points, or 3.64 percent, to 2,219.17.
For a full report, double click on
- - - -
LONDON - Britain's top shares fell sharply on Friday as U.S. job data disappointed, adding to the downbeat sentiment after Europe's debt worries resurfaced with the focus on French bank Societe Generale and Hungary's economy.
The FTSE 100 ended down 85.18 points, or 1.6 percent, at 5,126.00, well off the week's high of 5,262.50. Miners Lomin and Vedanta were two of the biggest fallers in the sector, down 4 and 5.2 percent respectively. Energy shares also retreated along with crude, which fell 2 percent.
For a full report, double click on
- - - -
TOKYO - Tokyo's Nikkei average inched down on Friday, mostly retaining hefty gains made the previous day after Finance Minister Naoto Kan, viewed by some as a proponent of a weaker yen, was chosen as the country's new prime minister.
The benchmark Nikkei fell 13 points or 0.1 percent to 9,901.19 after gaining 3.2 percent on Thursday, its biggest one-day percentage rise since Dec. 3. The broader Topix dipped 0.1 percent to 890.16.
For a full report, double click on
SYDNEY - Australian shares are set to fall sharply on Monday, taking cues from Wall Street and a drop in commodities, with fresh jitters about the sustainability of a global recovery and worries about the euro zone likely to drive a sell off.
Australian share index futures are down 114 points
or 2.6 percent lower at 4,353.0.That was also an 96.36 points discount to the close of the underlying S&P/ASX 200 that closed at 4,449.36 points on Friday.
- - - -
FOREIGN EXCHANGE
NEW YORK - The euro fell below $1.20 for the first time in more than four years on Friday on concern that Europe's debt crisis is expanding and as U.S. stocks slid more than 3 percent.
Investors shunned riskier assets and bought currencies perceived as safe-havens, such as the yen and Swiss franc, as a government report showed U.S. non-farm payrolls grew at a slower-than-expected rate in May. The slump in equities added to the safety bid.
The euro fell as low as $1.1955, according to EBS trading platform, and in midafternoon trading in New York was 1.6 percent lower at $1.1959. U.S. employers created 431,000 jobs in May, the Labor Department said, below the 513,000 predicted by analysts polled by Reuters. The jobless rate fell more than expected to 9.7 percent from 9.9 percent in April.
Against the yen, the dollar was down 1.1 percent at 91.64 yen, after hitting a session low of 91.43 yen, according to Reuters data.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - Treasury debt prices soared on Friday after news that U.S. private sector hiring slowed in May, though temporary government jobs pushed overall payrolls to its fastest pace in a decade, casting doubt on the strength of the economic recovery.
Investors chose cash, gold and Treasuries instead, propelling benchmark Treasury yields to their biggest single-day decline in
14
½ months.
That motive sent benchmark 10-year notes up
1-13/32 and pushed 10
year yields, which move inversely to price, down to 3.20 percent from 3.37 percent on Thursday, the biggest one-day drop in 14-½ months.
For a full report, double click on
- - - -
COMMODITIES
GOLD
LONDON - Gold rose on Friday, rebounding from early losses after weaker-than-expected U.S. employment data pushed the stock market and many commodities sharply lower, raising the safe-havens bid for bullion.
Spot gold rose to $1,217.45 an ounce by 3:10 a.m. EDT (1910 GMT) against $1,206.05 an ounce late in New York on Thursday. Earlier, it touched a session low of $1,196.65 an ounce. U.S. gold futures for August delivery rose $7.70 to settle at $1,217.70 an ounce.
For a full report, double click on
- - - -
BASE METALS
NEW YORK/LONDON - Base metals fell again for a fourth day on Friday, with copper hitting its lowest price since October 2009, after disappointing U.S. jobs data added to doubts about the global economy.
Zinc plunged to a 10-month low, nickel and tin hit their lowest in nearly four months, aluminum sank to a near eight-month low, and lead crumbled to its lowest in almost a year.
Copper for July delivery on the New York Mercantile Exchange's COMEX division sank 12.70 cents, or 4.3 percent, to settle at $2.8195 per lb, the lowest level on a closing basis for second-position contract since Oct. 13.
On the London Metal Exchange, benchmark copper for three-month delivery was last bid at $6,280 a tonne on the kerb, and fell to a late-session low at $6,235 per tonne, its lowest since Oct. 19.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil fell 4 percent on Friday, sliding below $72 a barrel as disappointing U.S. employment data and fresh fears about Europe's bank woes spreading made investors risk averse and worried about economic recovery.
U.S. crude for July fell $3.10, or 4.15 percent, to settle at $71.51 a barrel, the lowest close since May 26. It dropped as low as $70.79 in post-settlement trading. ICE Brent fell $3.32 to settle at $72.09.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 0,000.00 +0.00 NZSX 50 0,000.00 +0.00
DJIA 9,931.97 -323.31 Nikkei 9,901.19 -13.00
NASDAQ 2,219.17 -83.86 FTSE 5,126.00 -85.18
S&P 500 1,064.88 -37.95 Hang Seng 19,786.71 -6.64
SPI 200 Fut 4,353.00 -114.00 CRB Index 248.94 -5.95
Bonds (Yield)
AU 10 YR Bond 5.290 +0.120 US 10 YR Bond 3.208 +0.000
NZ 10 YR Bond 5.630 +0.000 US 30 YR Bond 4.133 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8200 0.8463 NZD US$ 0.6684 0.6850
EUR US$ 1.1926 1.2182 Yen US$ 91.70 92.68
Commodities
Gold (Lon) 1203.50 Silver (Lon) 17.760
Gold (NY) 1219.65 Light Crude 71.51
____________________________(June 7)____________________________
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks cascaded to their lowest close since February on Friday after May's jobs figure slammed investors already reeling from worry over another developing debt crisis, this time in Hungary.
Data showed the U.S. economy added fewer-than-expected jobs last month, with a large portion of those being temporary hirings for the U.S. Census. Investors rapidly reversed bets made during the week as expectations for a blowout number grew, leading up to the report. For details, see
The Dow Jones industrial average dropped 323.31 points, or 3.15 percent, to 9,931.97. The Standard & Poor's 500 Index lost 37.95 points, or 3.44 percent, to 1,064.88. The Nasdaq Composite Index tumbled 83.86 points, or 3.64 percent, to 2,219.17.
For a full report, double click on
- - - -
LONDON - Britain's top shares fell sharply on Friday as U.S. job data disappointed, adding to the downbeat sentiment after Europe's debt worries resurfaced with the focus on French bank Societe Generale and Hungary's economy.
The FTSE 100 ended down 85.18 points, or 1.6 percent, at 5,126.00, well off the week's high of 5,262.50. Miners Lomin and Vedanta were two of the biggest fallers in the sector, down 4 and 5.2 percent respectively. Energy shares also retreated along with crude, which fell 2 percent.
For a full report, double click on
- - - -
TOKYO - Tokyo's Nikkei average inched down on Friday, mostly retaining hefty gains made the previous day after Finance Minister Naoto Kan, viewed by some as a proponent of a weaker yen, was chosen as the country's new prime minister.
The benchmark Nikkei fell 13 points or 0.1 percent to 9,901.19 after gaining 3.2 percent on Thursday, its biggest one-day percentage rise since Dec. 3. The broader Topix dipped 0.1 percent to 890.16.
For a full report, double click on
SYDNEY - Australian shares are set to fall sharply on Monday, taking cues from Wall Street and a drop in commodities, with fresh jitters about the sustainability of a global recovery and worries about the euro zone likely to drive a sell off.
Australian share index futures are down 114 points
or 2.6 percent lower at 4,353.0.That was also an 96.36 points discount to the close of the underlying S&P/ASX 200 that closed at 4,449.36 points on Friday.
- - - -
FOREIGN EXCHANGE
NEW YORK - The euro fell below $1.20 for the first time in more than four years on Friday on concern that Europe's debt crisis is expanding and as U.S. stocks slid more than 3 percent.
Investors shunned riskier assets and bought currencies perceived as safe-havens, such as the yen and Swiss franc, as a government report showed U.S. non-farm payrolls grew at a slower-than-expected rate in May. The slump in equities added to the safety bid.
The euro fell as low as $1.1955, according to EBS trading platform, and in midafternoon trading in New York was 1.6 percent lower at $1.1959. U.S. employers created 431,000 jobs in May, the Labor Department said, below the 513,000 predicted by analysts polled by Reuters. The jobless rate fell more than expected to 9.7 percent from 9.9 percent in April.
Against the yen, the dollar was down 1.1 percent at 91.64 yen, after hitting a session low of 91.43 yen, according to Reuters data.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - Treasury debt prices soared on Friday after news that U.S. private sector hiring slowed in May, though temporary government jobs pushed overall payrolls to its fastest pace in a decade, casting doubt on the strength of the economic recovery.
Investors chose cash, gold and Treasuries instead, propelling benchmark Treasury yields to their biggest single-day decline in
14
½ months.
That motive sent benchmark 10-year notes up
1-13/32 and pushed 10
year yields, which move inversely to price, down to 3.20 percent from 3.37 percent on Thursday, the biggest one-day drop in 14-½ months.
For a full report, double click on
- - - -
COMMODITIES
GOLD
LONDON - Gold rose on Friday, rebounding from early losses after weaker-than-expected U.S. employment data pushed the stock market and many commodities sharply lower, raising the safe-havens bid for bullion.
Spot gold rose to $1,217.45 an ounce by 3:10 a.m. EDT (1910 GMT) against $1,206.05 an ounce late in New York on Thursday. Earlier, it touched a session low of $1,196.65 an ounce. U.S. gold futures for August delivery rose $7.70 to settle at $1,217.70 an ounce.
For a full report, double click on
- - - -
BASE METALS
NEW YORK/LONDON - Base metals fell again for a fourth day on Friday, with copper hitting its lowest price since October 2009, after disappointing U.S. jobs data added to doubts about the global economy.
Zinc plunged to a 10-month low, nickel and tin hit their lowest in nearly four months, aluminum sank to a near eight-month low, and lead crumbled to its lowest in almost a year.
Copper for July delivery on the New York Mercantile Exchange's COMEX division sank 12.70 cents, or 4.3 percent, to settle at $2.8195 per lb, the lowest level on a closing basis for second-position contract since Oct. 13.
On the London Metal Exchange, benchmark copper for three-month delivery was last bid at $6,280 a tonne on the kerb, and fell to a late-session low at $6,235 per tonne, its lowest since Oct. 19.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil fell 4 percent on Friday, sliding below $72 a barrel as disappointing U.S. employment data and fresh fears about Europe's bank woes spreading made investors risk averse and worried about economic recovery.
U.S. crude for July fell $3.10, or 4.15 percent, to settle at $71.51 a barrel, the lowest close since May 26. It dropped as low as $70.79 in post-settlement trading. ICE Brent fell $3.32 to settle at $72.09.
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.