-----------------------(06:22 / 2022 GMT)-----------------------
Stock Markets
S&P/ASX 200 4,555.40 +24.86 NZSX 50 3,047.53 +1.74
DJIA 10,450.64 +16.47 Nikkei 9,995.02 -4.38
NASDAQ 2,309.80 +2.64 FTSE 5,250.84 -3.05
S&P 500 1,117.51 +1.47 Hang Seng 20,286.71 +148.31
SPI 200 Fut 4,576.00 +0.00 CRB Index 262.93 -0.37
Bonds
AU 10 YR Bond 5.358 +0.000 US 10 YR Bond 3.225 +0.000
NZ 10 YR Bond 5.545 +0.005 US 30 YR Bond 4.148 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8805 0.8676 NZD US$ 0.7107 0.7036
EUR US$ 1.2434 1.2374 Yen US$ 90.43 90.83
Commodities
Gold (Lon) 1256.00 Silver (Lon) 18.770
Gold (NY) 1256.35 Light Crude 77.26
___________________________(June 21)____________________________
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks ground higher in another lightly traded session on Friday, ending a nervous week with gains despite signs of economic weakness at home and worries about public debt in Europe.
The Dow Jones industrial average gained 16.47 points, or 0.16 percent, to 10,450.64. The Standard & Poor's 500 Index rose 1.47 points, or 0.13 percent, to 1,117.51. The Nasdaq Composite Index added 2.64 points, or 0.11 percent, to 2,309.80.
For a full report, double click on
- - - -
LONDON - Weakness in defensive pharmaceutical and tobacco stocks countered miners' gains to push Britain's top share index slightly lower by close on Friday, ending a seven-day winning streak.
The FTSE 100 ended 3.05 points, or 0.1 percent lower, at 5,250.84, after it closed up 0.3 percent on Thursday.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average closed flat on Friday but chalked up a 3 percent gain for the week, its biggest weekly rise in three months, with foreign investors starting to tiptoe back into the market.
The benchmark Nikkei ended down 4.38 points at 9,995.02, after earlier inching up 0.3 percent to 10,029.11. The broader Topix slipped 0.3 percent to 884.64 on Friday.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to open cautiously higher despite little guidance from offshore markets.
The resources sector is likely to be mixed with downward pressure from a third day of lower copper prices, but gold hit a record high which may provide an offset.
China's announcement that it would resume making the yuan more flexible, signalling that it was ready to break a
23-month
old peg to the dollar, may improve investor appetite for risky assets such as stocks.
Australian share index futures rose 6 points to 4,566, a 14.1 points premium to the close of the underlying S&P/ASX 200 at 4,551.89 on Friday.
- - - -
FOREIGN EXCHANGE
NEW YORK - The euro hovered near a three-week high against the dollar on Friday, chalking up its biggest weekly gain in over a year as European leaders said they would publish details about the health of European banks.
After hitting a three-week high above $1.24 Thursday, the euro retreated to $1.2373, unchanged on the day. It was still rooted in a short-term uptrend that began after hitting $1.1876 last week, its worst level since 2006. the currency was 0.3 percent weaker at 112.26 yen while the dollar was off 0.3 percent at 90.71 yen.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasury prices drifted lower on Friday in light trading, as the market cleaved tightly to a yield range established over the past week and a half with no economic data to influence investors.
Benchmark 10-year U.S. Treasuries traded 9/23 lower in price to yield 3.23 percent, up from 3.19 percent late on Thursday.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold rallied on Friday to an all-time record above $1,260 an ounce, as investors looked to precious metals for an alternative to equity or debt investments given renewed uncertainty about the economic recovery.
Spot gold hit an all-time high of $1,261.90 an ounce, but was bid at $1,256.65 an ounce at 3:20 p.m. EDT (1920 GMT), against $1,243.40 late on Thursday. U.S. gold futures for August delivery also climbed to a record at $1,263.70, and settled up $9.60 at $1,258.30, its highest ever close.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper fell for a third consecutive day on Friday, hitting its lowest level in one week as investors began to price in weaker demand prospects from the United States and China, two of the world's biggest users of the industrial metal.
Copper for July delivery on the New York Mercantile Exchange's COMEX division shed 2.15 cents to settle at $2.8840 per lb, after dealing in a range from $2.9290 to $2.8445, its lowest level since June 10.
On the London Metal Exchange, benchmark copper for three-months delivery also hit a one-week low at $6,310 per tonne, before paring its earlier losses to end down $11 at $6,435.
For a full report, double click on
- - - -
OIL
NEW YORK - U.S. crude oil prices finished higher on Friday, having wavered along with U.S. equity markets, while oil traders' concerns about the danger of slowing Chinese demand and longer-term deepwater supply risks weighed on Brent crude and products.
U.S. crude futures for July rose 39 cents to settle at $77.18 a barrel, after prices seesawed either side of their
200
day moving average ahead of the contract's expiration next Tuesday.
Front-month August ICE Brent futures fell 46 cents to settle at $78.22 a barrel, having traded as low as $77.25 earlier.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 4,555.40 +24.86 NZSX 50 3,047.53 +1.74
DJIA 10,450.64 +16.47 Nikkei 9,995.02 -4.38
NASDAQ 2,309.80 +2.64 FTSE 5,250.84 -3.05
S&P 500 1,117.51 +1.47 Hang Seng 20,286.71 +148.31
SPI 200 Fut 4,576.00 +0.00 CRB Index 262.93 -0.37
Bonds
AU 10 YR Bond 5.358 +0.000 US 10 YR Bond 3.225 +0.000
NZ 10 YR Bond 5.545 +0.005 US 30 YR Bond 4.148 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8805 0.8676 NZD US$ 0.7107 0.7036
EUR US$ 1.2434 1.2374 Yen US$ 90.43 90.83
Commodities
Gold (Lon) 1256.00 Silver (Lon) 18.770
Gold (NY) 1256.35 Light Crude 77.26
___________________________(June 21)____________________________
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks ground higher in another lightly traded session on Friday, ending a nervous week with gains despite signs of economic weakness at home and worries about public debt in Europe.
The Dow Jones industrial average gained 16.47 points, or 0.16 percent, to 10,450.64. The Standard & Poor's 500 Index rose 1.47 points, or 0.13 percent, to 1,117.51. The Nasdaq Composite Index added 2.64 points, or 0.11 percent, to 2,309.80.
For a full report, double click on
- - - -
LONDON - Weakness in defensive pharmaceutical and tobacco stocks countered miners' gains to push Britain's top share index slightly lower by close on Friday, ending a seven-day winning streak.
The FTSE 100 ended 3.05 points, or 0.1 percent lower, at 5,250.84, after it closed up 0.3 percent on Thursday.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average closed flat on Friday but chalked up a 3 percent gain for the week, its biggest weekly rise in three months, with foreign investors starting to tiptoe back into the market.
The benchmark Nikkei ended down 4.38 points at 9,995.02, after earlier inching up 0.3 percent to 10,029.11. The broader Topix slipped 0.3 percent to 884.64 on Friday.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to open cautiously higher despite little guidance from offshore markets.
The resources sector is likely to be mixed with downward pressure from a third day of lower copper prices, but gold hit a record high which may provide an offset.
China's announcement that it would resume making the yuan more flexible, signalling that it was ready to break a
23-month
old peg to the dollar, may improve investor appetite for risky assets such as stocks.
Australian share index futures rose 6 points to 4,566, a 14.1 points premium to the close of the underlying S&P/ASX 200 at 4,551.89 on Friday.
- - - -
FOREIGN EXCHANGE
NEW YORK - The euro hovered near a three-week high against the dollar on Friday, chalking up its biggest weekly gain in over a year as European leaders said they would publish details about the health of European banks.
After hitting a three-week high above $1.24 Thursday, the euro retreated to $1.2373, unchanged on the day. It was still rooted in a short-term uptrend that began after hitting $1.1876 last week, its worst level since 2006. the currency was 0.3 percent weaker at 112.26 yen while the dollar was off 0.3 percent at 90.71 yen.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasury prices drifted lower on Friday in light trading, as the market cleaved tightly to a yield range established over the past week and a half with no economic data to influence investors.
Benchmark 10-year U.S. Treasuries traded 9/23 lower in price to yield 3.23 percent, up from 3.19 percent late on Thursday.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold rallied on Friday to an all-time record above $1,260 an ounce, as investors looked to precious metals for an alternative to equity or debt investments given renewed uncertainty about the economic recovery.
Spot gold hit an all-time high of $1,261.90 an ounce, but was bid at $1,256.65 an ounce at 3:20 p.m. EDT (1920 GMT), against $1,243.40 late on Thursday. U.S. gold futures for August delivery also climbed to a record at $1,263.70, and settled up $9.60 at $1,258.30, its highest ever close.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper fell for a third consecutive day on Friday, hitting its lowest level in one week as investors began to price in weaker demand prospects from the United States and China, two of the world's biggest users of the industrial metal.
Copper for July delivery on the New York Mercantile Exchange's COMEX division shed 2.15 cents to settle at $2.8840 per lb, after dealing in a range from $2.9290 to $2.8445, its lowest level since June 10.
On the London Metal Exchange, benchmark copper for three-months delivery also hit a one-week low at $6,310 per tonne, before paring its earlier losses to end down $11 at $6,435.
For a full report, double click on
- - - -
OIL
NEW YORK - U.S. crude oil prices finished higher on Friday, having wavered along with U.S. equity markets, while oil traders' concerns about the danger of slowing Chinese demand and longer-term deepwater supply risks weighed on Brent crude and products.
U.S. crude futures for July rose 39 cents to settle at $77.18 a barrel, after prices seesawed either side of their
200
day moving average ahead of the contract's expiration next Tuesday.
Front-month August ICE Brent futures fell 46 cents to settle at $78.22 a barrel, having traded as low as $77.25 earlier.
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.