________________Snapshot at 8.10 a.m. (1910 GMT)________________
Stock Markets
S&P/ASX 200 4,413.00 -66.65 NZSX 50 3,034.11 -15.36
DJIA 10,143.81 -8.99 Nikkei 9,737.48 -190.86
NASDAQ 2,223.48 +6.06 FTSE 5,046.47 -53.76
S&P 500 1,076.76 +3.07 Hang Seng 20,690.79 -42.70
SPI 200 Fut 4,414.00 -3.00 CRB Index 265.61 +3.99
Bonds (Yield)
AU 10 YR Bond 5.275 -0.005 US 10 YR Bond 3.110 +0.000
NZ 10 YR Bond 5.505 +0.000 US 30 YR Bond 4.064 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8748 0.8634 NZD US$ 0.7138 0.7053
EUR US$ 1.2377 1.2343 Yen US$ 89.28 89.55
Commodities
Gold (Lon) 1254.00 Silver (Lon) 18.650
Gold (NY) 1255.95 Light Crude 79.05
EQUITIES
NEW YORK - The Nasdaq and S&P 500 rose modestly on Friday on relief that the financial regulation bill wouldn't crimp Wall Street profits as badly as feared and as tech company Oracle's strong results revived hopes about business spending.
The Dow Jones industrial average was down 8.99 points, or 0.09 percent, at 10,143.81. The Standard & Poor's 500 Index was up 3.07 points, or 0.29 percent, at 1,076.76. The Nasdaq Composite Index was up 6.06 points, or 0.27 percent, at 2,223.48.
For a full report, double click on
- - - -
LONDON - Embattled oil giant BP, hit by renewed worries about the financial impact of its Gulf of Mexico oil spill, and weakness from miners on fears for economic recovery dragged Britain's top shares lower by the close on Friday.
The FTSE 100 index ended 53.76 points, or 1.1 percent, lower at 5,046.47, its lowest close since June 8 and down for its fourth consecutive session.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average extended falls on Friday for its biggest weekly loss in a month, closing below a key support level in what market players said could signal still more drops to come.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to open a touch higher, after Wall Street managed to fight back on relief that banks have dodged draconian regulatory reforms.
Share price index futures eased three points to
4,414, a 1
point premium to the underlying S&P/ASX 200 index on Friday, when it fell 1.5 percent.
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar fell against the euro and commodity-linked currencies such as the Australian dollar on Friday as investors felt more comfortable buying riskier assets after stocks came off lows and commodities jumped sharply.
U.S. stocks staged a comeback in the afternoon, while oil prices shot higher, fueling risk appetite and prompting buying in the euro and the Australian, Canadian and New Zealand dollars. These last four currencies have become symbols of risk appetite in the developed world, moving in tandem with U.S. stocks.
In late trading, the euro rose 0.5 percent against the dollar to $1.2387. Despite the euro's gains, however, the euro zone single currency was still down 0.4 percent on the week but up 0.7 percent for the month of June so far.
The dollar, however, fell 0.3 percent against the yen to
89.24 after sliding to a fresh one
month low at 89.21, according to electronic trading platform EBS. It was the dollar's fourth straight daily drop against the yen and, at 1.3 percent for the week, the third straight week of declines.
The Australian dollar rose 1.0 percent versus the greenback to US$0.8743 while the New Zealand currency also gained 0.8 percent to US$0.7137. The Canadian dollar was also up, pushing the U.S. dollar down 0.7 percent to C$1.0360 .
For a full report, double click on
- - - -
TREASURIES
NEW YORK - Safe-haven U.S. Treasuries rose on Friday, sending benchmark yields toward one-year lows as evidence mounted that the short and lackluster economic recovery was at risk of fizzling out altogether.
The benchmark 10-year Treasury note was last up 9/32 in price, yielding 3.11 percent compared with Thursday's close of 3.14 percent.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold prices rose to within $10 of their all-time high on Friday as investors sought refuge from financial market uncertainty and currency depreciation ahead of a closely watched G20 meeting.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper rallied to its loftiest level in nearly one month on Friday, shedding earlier losses in sympathy with a late bounce on Wall Street, with New York prices gaining technical momentum through the $3.00 per lb level.
Copper for July delivery on the COMEX metals division of the New York Mercantile Exchange soared 9.00 cents, or 3 percent, to end at $3.0955 a lb, its highest level on a closing basis since May 28.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil surged 3 percent to a seven-week high above $78 a barrel on Friday as a tropical disturbance in the Caribbean Sea looked more likely to develop into a storm and threaten Gulf of Mexico production.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 4,413.00 -66.65 NZSX 50 3,034.11 -15.36
DJIA 10,143.81 -8.99 Nikkei 9,737.48 -190.86
NASDAQ 2,223.48 +6.06 FTSE 5,046.47 -53.76
S&P 500 1,076.76 +3.07 Hang Seng 20,690.79 -42.70
SPI 200 Fut 4,414.00 -3.00 CRB Index 265.61 +3.99
Bonds (Yield)
AU 10 YR Bond 5.275 -0.005 US 10 YR Bond 3.110 +0.000
NZ 10 YR Bond 5.505 +0.000 US 30 YR Bond 4.064 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8748 0.8634 NZD US$ 0.7138 0.7053
EUR US$ 1.2377 1.2343 Yen US$ 89.28 89.55
Commodities
Gold (Lon) 1254.00 Silver (Lon) 18.650
Gold (NY) 1255.95 Light Crude 79.05
EQUITIES
NEW YORK - The Nasdaq and S&P 500 rose modestly on Friday on relief that the financial regulation bill wouldn't crimp Wall Street profits as badly as feared and as tech company Oracle's strong results revived hopes about business spending.
The Dow Jones industrial average was down 8.99 points, or 0.09 percent, at 10,143.81. The Standard & Poor's 500 Index was up 3.07 points, or 0.29 percent, at 1,076.76. The Nasdaq Composite Index was up 6.06 points, or 0.27 percent, at 2,223.48.
For a full report, double click on
- - - -
LONDON - Embattled oil giant BP, hit by renewed worries about the financial impact of its Gulf of Mexico oil spill, and weakness from miners on fears for economic recovery dragged Britain's top shares lower by the close on Friday.
The FTSE 100 index ended 53.76 points, or 1.1 percent, lower at 5,046.47, its lowest close since June 8 and down for its fourth consecutive session.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average extended falls on Friday for its biggest weekly loss in a month, closing below a key support level in what market players said could signal still more drops to come.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to open a touch higher, after Wall Street managed to fight back on relief that banks have dodged draconian regulatory reforms.
Share price index futures eased three points to
4,414, a 1
point premium to the underlying S&P/ASX 200 index on Friday, when it fell 1.5 percent.
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar fell against the euro and commodity-linked currencies such as the Australian dollar on Friday as investors felt more comfortable buying riskier assets after stocks came off lows and commodities jumped sharply.
U.S. stocks staged a comeback in the afternoon, while oil prices shot higher, fueling risk appetite and prompting buying in the euro and the Australian, Canadian and New Zealand dollars. These last four currencies have become symbols of risk appetite in the developed world, moving in tandem with U.S. stocks.
In late trading, the euro rose 0.5 percent against the dollar to $1.2387. Despite the euro's gains, however, the euro zone single currency was still down 0.4 percent on the week but up 0.7 percent for the month of June so far.
The dollar, however, fell 0.3 percent against the yen to
89.24 after sliding to a fresh one
month low at 89.21, according to electronic trading platform EBS. It was the dollar's fourth straight daily drop against the yen and, at 1.3 percent for the week, the third straight week of declines.
The Australian dollar rose 1.0 percent versus the greenback to US$0.8743 while the New Zealand currency also gained 0.8 percent to US$0.7137. The Canadian dollar was also up, pushing the U.S. dollar down 0.7 percent to C$1.0360 .
For a full report, double click on
- - - -
TREASURIES
NEW YORK - Safe-haven U.S. Treasuries rose on Friday, sending benchmark yields toward one-year lows as evidence mounted that the short and lackluster economic recovery was at risk of fizzling out altogether.
The benchmark 10-year Treasury note was last up 9/32 in price, yielding 3.11 percent compared with Thursday's close of 3.14 percent.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold prices rose to within $10 of their all-time high on Friday as investors sought refuge from financial market uncertainty and currency depreciation ahead of a closely watched G20 meeting.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper rallied to its loftiest level in nearly one month on Friday, shedding earlier losses in sympathy with a late bounce on Wall Street, with New York prices gaining technical momentum through the $3.00 per lb level.
Copper for July delivery on the COMEX metals division of the New York Mercantile Exchange soared 9.00 cents, or 3 percent, to end at $3.0955 a lb, its highest level on a closing basis since May 28.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil surged 3 percent to a seven-week high above $78 a barrel on Friday as a tropical disturbance in the Caribbean Sea looked more likely to develop into a storm and threaten Gulf of Mexico production.
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.