-----------------------(0631 / 2031 GMT)-----------------------
Stock Markets
S&P/ASX 200 4,396.31 +39.46 NZSX 50 3,005.25 +21.32
DJIA 10,198.03 +59.04 Nikkei 9,585.32 +49.58
NASDAQ 2,196.45 +21.05 FTSE 5,132.94 +27.49
S&P 500 1,077.96 +7.71 Hang Seng 20,378.66 +328.10
SPI 200 Fut 4,392.00 +8.00 CRB Index 260.62 +1.11
Bonds
AU 10 YR Bond 5.110 +0.000 US 10 YR Bond 3.057 +0.000
NZ 10 YR Bond 5.460 +0.000 US 30 YR Bond 4.040 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8774 0.8773 NZD US$ 0.7103 0.7102
EUR US$ 1.2627 1.2716 Yen US$ 88.72 88.54
Commodities
Gold (Lon) 1208.75 Silver (Lon) 17.870
Gold (NY) 1211.85 Light Crude 76.33
___________________________(July 12)____________________________
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - Wall Street closed out its best week in a year on Friday, snapping back from a long stretch of selling, as investors looked ahead to what many expect will be a solid earnings season.
The Dow Jones industrial average was up 59.04 points, or 0.58 percent, at 10,198.03. The Standard & Poor's 500 Index was up 7.70 points, or 0.72 percent, at 1,077.95. The Nasdaq Composite Index was up 21.05 points, or 0.97 percent, at 2,196.45.
For a full report, double click on
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LONDON - Gains from miners and banks pushed Britain's top share index higher for a fourth day by Friday's close as recovering risk appetite helped it post its strongest weekly gain in a year.
The FTSE 100 index ended up 27.49 points, or 0.5 percent, at 5,132.94, having closed higher for a third consecutive day on Thursday, bringing its weekly gains to 6.1 percent.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average booked its best weekly rise in seven months on Friday and market players said more gains may be in store after it moved further away from a seven-month low and held above a key retracement support.
In light trade, the benchmark Nikkei added 49.58 points to 9,585.32, while the broader Topix was flat at 861.21.
For a full report, double click on
- - - -
SYDNEY - Australian shares are expected to have a cautious start on Monday, but may get a boost from gains in offshore markets, and higher base metal and gold prices.
Share price index futures were 0.2 percent higher at 4392, a 4.31 point discount to the underlying S&P ASX index , which last week posted its first weekly gain in three.
- - - -
FOREIGN EXCHANGE
NEW YORK - A rally that pushed the euro to its highest level in more than two months stalled on Friday and the currency slipped on technical factors, with some investors betting the recent move was too far, too fast.
In late afternoon trading in New York, the euro traded down 0.4 percent at $1.2637, after reaching $1.2722 according to Reuters data. The total gain for the week was 0.7 percent at current prices.
Some Asian central banks were seen willing to reestablish long euro/dollar positions above $1.2750 because a clear breach of $1.2730 would suggest the downtrend had been broken.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. government debt prices fell on Friday, boosting long-dated yields to an almost two-week high, as a fourth straight day of stock gains and greater optimism about the economy cut the bid for safe-haven debt.
The 30-year Treasury bond last traded down 09/32 in price at 105-29/32. Its yield, which moves in the opposite direction to price, was 4.03 percent, up 1.5 basis points from late Thursday.
Benchmark 10-year notes dipped 4/32 in price for a yield of 3.05 percent, up from 3.04 percent on Thursday.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold briefly rose 1.5 percent to four-day highs above $1,210 an ounce on Friday, but selling around that level kept price gains capped.
Spot gold advanced to $1,209.05 an ounce by 2:38 p.m. (1838 GMT) from previous session's late quote in New York at $1,196.48 an ounce. Earlier, it touched $1,213.35, its highest since July 5 against $1,196.48 late Thursday trade.
U.S. gold futures for August delivery firmed $13.70 to settle at $1,209.80 on the New York Mercantile Exchange's COMEX division, and earlier hit a four-day high at $1,214.10.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper rallied to its highest in nearly two weeks on Friday, feeding off the improved economic sentiment in global equity markets and rising ahead of key Chinese trade data, expected to show rising import levels into the world's top metals consumer.
Copper for September delivery on the COMEX metals division of the New York Mercantile Exchange rose 3.80 cents, or 1.3 percent, to end at $3.0535 per lb, after dealing between $3.0160 and $3.0705, its highest level since June 29.
On the London Metal Exchange, benchmark copper for three-months delivery hit a two-week peak at $6,775 per tonne, before closing up $159 at $6,769.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil prices topped $76 per barrel on Friday on demand optimism, posting the biggest weekly increase since late May after a choppy low volume trading session.
U.S. crude for August settled up 65 cents or 0.86 percent to $76.09 per barrel in a volatile session, closing the week with a 5.5 percent gain -- the biggest weekly jump since the week to May 28.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 4,396.31 +39.46 NZSX 50 3,005.25 +21.32
DJIA 10,198.03 +59.04 Nikkei 9,585.32 +49.58
NASDAQ 2,196.45 +21.05 FTSE 5,132.94 +27.49
S&P 500 1,077.96 +7.71 Hang Seng 20,378.66 +328.10
SPI 200 Fut 4,392.00 +8.00 CRB Index 260.62 +1.11
Bonds
AU 10 YR Bond 5.110 +0.000 US 10 YR Bond 3.057 +0.000
NZ 10 YR Bond 5.460 +0.000 US 30 YR Bond 4.040 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8774 0.8773 NZD US$ 0.7103 0.7102
EUR US$ 1.2627 1.2716 Yen US$ 88.72 88.54
Commodities
Gold (Lon) 1208.75 Silver (Lon) 17.870
Gold (NY) 1211.85 Light Crude 76.33
___________________________(July 12)____________________________
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - Wall Street closed out its best week in a year on Friday, snapping back from a long stretch of selling, as investors looked ahead to what many expect will be a solid earnings season.
The Dow Jones industrial average was up 59.04 points, or 0.58 percent, at 10,198.03. The Standard & Poor's 500 Index was up 7.70 points, or 0.72 percent, at 1,077.95. The Nasdaq Composite Index was up 21.05 points, or 0.97 percent, at 2,196.45.
For a full report, double click on
- - - -
LONDON - Gains from miners and banks pushed Britain's top share index higher for a fourth day by Friday's close as recovering risk appetite helped it post its strongest weekly gain in a year.
The FTSE 100 index ended up 27.49 points, or 0.5 percent, at 5,132.94, having closed higher for a third consecutive day on Thursday, bringing its weekly gains to 6.1 percent.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average booked its best weekly rise in seven months on Friday and market players said more gains may be in store after it moved further away from a seven-month low and held above a key retracement support.
In light trade, the benchmark Nikkei added 49.58 points to 9,585.32, while the broader Topix was flat at 861.21.
For a full report, double click on
- - - -
SYDNEY - Australian shares are expected to have a cautious start on Monday, but may get a boost from gains in offshore markets, and higher base metal and gold prices.
Share price index futures were 0.2 percent higher at 4392, a 4.31 point discount to the underlying S&P ASX index , which last week posted its first weekly gain in three.
- - - -
FOREIGN EXCHANGE
NEW YORK - A rally that pushed the euro to its highest level in more than two months stalled on Friday and the currency slipped on technical factors, with some investors betting the recent move was too far, too fast.
In late afternoon trading in New York, the euro traded down 0.4 percent at $1.2637, after reaching $1.2722 according to Reuters data. The total gain for the week was 0.7 percent at current prices.
Some Asian central banks were seen willing to reestablish long euro/dollar positions above $1.2750 because a clear breach of $1.2730 would suggest the downtrend had been broken.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. government debt prices fell on Friday, boosting long-dated yields to an almost two-week high, as a fourth straight day of stock gains and greater optimism about the economy cut the bid for safe-haven debt.
The 30-year Treasury bond last traded down 09/32 in price at 105-29/32. Its yield, which moves in the opposite direction to price, was 4.03 percent, up 1.5 basis points from late Thursday.
Benchmark 10-year notes dipped 4/32 in price for a yield of 3.05 percent, up from 3.04 percent on Thursday.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold briefly rose 1.5 percent to four-day highs above $1,210 an ounce on Friday, but selling around that level kept price gains capped.
Spot gold advanced to $1,209.05 an ounce by 2:38 p.m. (1838 GMT) from previous session's late quote in New York at $1,196.48 an ounce. Earlier, it touched $1,213.35, its highest since July 5 against $1,196.48 late Thursday trade.
U.S. gold futures for August delivery firmed $13.70 to settle at $1,209.80 on the New York Mercantile Exchange's COMEX division, and earlier hit a four-day high at $1,214.10.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper rallied to its highest in nearly two weeks on Friday, feeding off the improved economic sentiment in global equity markets and rising ahead of key Chinese trade data, expected to show rising import levels into the world's top metals consumer.
Copper for September delivery on the COMEX metals division of the New York Mercantile Exchange rose 3.80 cents, or 1.3 percent, to end at $3.0535 per lb, after dealing between $3.0160 and $3.0705, its highest level since June 29.
On the London Metal Exchange, benchmark copper for three-months delivery hit a two-week peak at $6,775 per tonne, before closing up $159 at $6,769.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil prices topped $76 per barrel on Friday on demand optimism, posting the biggest weekly increase since late May after a choppy low volume trading session.
U.S. crude for August settled up 65 cents or 0.86 percent to $76.09 per barrel in a volatile session, closing the week with a 5.5 percent gain -- the biggest weekly jump since the week to May 28.
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.