-----------------------(07:16 / 1916 GMT)-----------------------
Stock Markets
S&P/ASX 200 4,493.48 -30.59 NZSX 50 3,034.62 +1.60
DJIA 10,465.94 -1.22 Nikkei 9,537.30 -158.72
NASDAQ 2,254.70 +3.01 FTSE 5,258.02 -55.93
S&P 500 1,101.60 +0.07 Hang Seng 21,029.81 -64.01
SPI 200 Fut 4,470.00 +7.00 CRB Index 274.35 +4.15
Bonds
AU 10 YR Bond 5.195 +0.000 US 10 YR Bond 2.905 +0.000
NZ 10 YR Bond 5.355 +0.005 US 30 YR Bond 3.988 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.9041 0.9011 NZD US$ 0.7256 0.7231
EUR US$ 1.3049 1.3090 Yen US$ 86.20 86.49
Commodities
Gold (Lon) 1169.00 Silver (Lon) 17.660
Gold (NY) 1181.50 Light Crude 78.95
____________________________(Aug 2)_____________________________
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data.
The Dow Jones industrial average dropped 1.22 points, or 0.01 percent, to 10,465.94. The Standard & Poor's 500 Index gained 0.05 points, or 0.00 percent, to 1,101.58. The Nasdaq Composite Index gained 3.01 points, or 0.13 percent, to 2,254.70.
For a full report, double click on
- - - -
LONDON - Britain's leading share index ended lower on Friday, led by falls in commodity stocks after weak U.S. growth data raised fresh concerns about the global economic recovery.
The FTSE 100 closed down 55.93 points, or 1.1 percent, at 5,258.02, extending its losing streak to a third session. The blue-chip index was down 1.0 percent for the week having hit a 10-week closing high on Tuesday.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei fell 1.6 percent on Friday as more signs that the U.S. economic recovery may be stalling outweighed a wave of upbeat domestic earnings, with investors shy of buying before U.S. GDP data later in the day.
In moderate trade, the benchmark Nikkei fell 158.72 points to 9,537.30, inching perilously close to support at 9,480, the level of its 25-day moving average.
For a full report, double click on
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar hit its lowest since November against the Japanese yen on Friday as data showed growth in the world's largest economy is slowing, reinforcing expectations for low U.S. interest rates into 2011.
In late afternoon trade in New York on Friday, the dollar was down 0.4 percent at 86.38 yen after hitting an eight-month low of 85.95 yen following the GDP report, according to Reuters. It was the third day of declines for the dollar against the yen.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasury prices rose on Friday as weak U.S. growth data fuelled talk of more accomodative monetary policy and fund managers realigned portfolios to match benchmark indices.
That helped push the yield on the 2-year Treasury note to a record low of 0.559 percent during trading. The two year finished the day with 2/32 in price gains for a yield of 0.56 percent. It ended at 0.565 percent on July 21.
Benchmark U.S. 10-year Treasury notes rose 21/32 in price, their yields easing to 2.91 percent from 2.99 percent late on Thursday.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold rallied Friday on disappointing U.S. economic growth data, but the metal still logged its biggest monthly loss since December as safe-haven demand fizzled on lessening fears over a euro zone sovereign debt crisis.
Spot gold was at $1,180.25 an ounce at 2:10 p.m. EDT (1810 GMT), against $1,168.05 late in New York on Thursday. U.S. gold futures for December delivery settled up $12.70, or 1.1 percent, at $1,183.90.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper ended higher on Friday, reversing early losses and shooting to a three-month peak on a healthy round of month-end buying after data showed manufacturing in the U.S. Midwest accelerated, suggesting a strong demand outlook for industrial metals.
Aluminium rose to an 11-week high as industrial consumers bought the metal.
Benchmark copper for three-months delivery on the London Metal Exchange ended at $7,298 a tonne, versus $7,231 previously, and hit its highest since May 4 at $7,310.
For a full report, double click on
- - - -
OIL
NEW YORK - U.S. crude oil futures turned positive to end the month higher on Friday, shrugging off earlier concerns about the pace of economic growth amid mixed data and lifted by a late rally in refined products futures as August contracts expired.
U.S. crude for September delivery rose 59 cents to settle at $78.95 a barrel, trading from $76.83 to $79.05.
ICE Brent also rose 59 cents to settle at $78.18 a barrel, having traded from $76.20 to $78.31.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 4,493.48 -30.59 NZSX 50 3,034.62 +1.60
DJIA 10,465.94 -1.22 Nikkei 9,537.30 -158.72
NASDAQ 2,254.70 +3.01 FTSE 5,258.02 -55.93
S&P 500 1,101.60 +0.07 Hang Seng 21,029.81 -64.01
SPI 200 Fut 4,470.00 +7.00 CRB Index 274.35 +4.15
Bonds
AU 10 YR Bond 5.195 +0.000 US 10 YR Bond 2.905 +0.000
NZ 10 YR Bond 5.355 +0.005 US 30 YR Bond 3.988 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.9041 0.9011 NZD US$ 0.7256 0.7231
EUR US$ 1.3049 1.3090 Yen US$ 86.20 86.49
Commodities
Gold (Lon) 1169.00 Silver (Lon) 17.660
Gold (NY) 1181.50 Light Crude 78.95
____________________________(Aug 2)_____________________________
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data.
The Dow Jones industrial average dropped 1.22 points, or 0.01 percent, to 10,465.94. The Standard & Poor's 500 Index gained 0.05 points, or 0.00 percent, to 1,101.58. The Nasdaq Composite Index gained 3.01 points, or 0.13 percent, to 2,254.70.
For a full report, double click on
- - - -
LONDON - Britain's leading share index ended lower on Friday, led by falls in commodity stocks after weak U.S. growth data raised fresh concerns about the global economic recovery.
The FTSE 100 closed down 55.93 points, or 1.1 percent, at 5,258.02, extending its losing streak to a third session. The blue-chip index was down 1.0 percent for the week having hit a 10-week closing high on Tuesday.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei fell 1.6 percent on Friday as more signs that the U.S. economic recovery may be stalling outweighed a wave of upbeat domestic earnings, with investors shy of buying before U.S. GDP data later in the day.
In moderate trade, the benchmark Nikkei fell 158.72 points to 9,537.30, inching perilously close to support at 9,480, the level of its 25-day moving average.
For a full report, double click on
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar hit its lowest since November against the Japanese yen on Friday as data showed growth in the world's largest economy is slowing, reinforcing expectations for low U.S. interest rates into 2011.
In late afternoon trade in New York on Friday, the dollar was down 0.4 percent at 86.38 yen after hitting an eight-month low of 85.95 yen following the GDP report, according to Reuters. It was the third day of declines for the dollar against the yen.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasury prices rose on Friday as weak U.S. growth data fuelled talk of more accomodative monetary policy and fund managers realigned portfolios to match benchmark indices.
That helped push the yield on the 2-year Treasury note to a record low of 0.559 percent during trading. The two year finished the day with 2/32 in price gains for a yield of 0.56 percent. It ended at 0.565 percent on July 21.
Benchmark U.S. 10-year Treasury notes rose 21/32 in price, their yields easing to 2.91 percent from 2.99 percent late on Thursday.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold rallied Friday on disappointing U.S. economic growth data, but the metal still logged its biggest monthly loss since December as safe-haven demand fizzled on lessening fears over a euro zone sovereign debt crisis.
Spot gold was at $1,180.25 an ounce at 2:10 p.m. EDT (1810 GMT), against $1,168.05 late in New York on Thursday. U.S. gold futures for December delivery settled up $12.70, or 1.1 percent, at $1,183.90.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper ended higher on Friday, reversing early losses and shooting to a three-month peak on a healthy round of month-end buying after data showed manufacturing in the U.S. Midwest accelerated, suggesting a strong demand outlook for industrial metals.
Aluminium rose to an 11-week high as industrial consumers bought the metal.
Benchmark copper for three-months delivery on the London Metal Exchange ended at $7,298 a tonne, versus $7,231 previously, and hit its highest since May 4 at $7,310.
For a full report, double click on
- - - -
OIL
NEW YORK - U.S. crude oil futures turned positive to end the month higher on Friday, shrugging off earlier concerns about the pace of economic growth amid mixed data and lifted by a late rally in refined products futures as August contracts expired.
U.S. crude for September delivery rose 59 cents to settle at $78.95 a barrel, trading from $76.83 to $79.05.
ICE Brent also rose 59 cents to settle at $78.18 a barrel, having traded from $76.20 to $78.31.
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.