(Adds Sydney outlook)
-----------------------(06:30 / 2030 GMT)-----------------------
Stock Markets
S&P/ASX 200 4,566.06 -0.45 NZSX 50 3,044.63 -0.04
DJIA 10,653.56 -21.42 Nikkei 9,642.12 -11.80
NASDAQ 2,288.47 -4.59 FTSE 5,332.39 -33.39
S&P 500 1,121.64 -4.17 Hang Seng 21,551.72 +127.08
SPI 200 Fut 4,515.00 -14.00 CRB Index 274.71 -2.96
Bonds
AU 10 YR Bond 5.155 +0.065 US 10 YR Bond 2.822 +0.000
NZ 10 YR Bond 5.370 +0.000 US 30 YR Bond 3.998 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.9185 0.9168 NZD US$ 0.7330 0.7295
EUR US$ 1.3281 1.3196 Yen US$ 85.55 86.05
Commodities
Gold (Lon) 1207.75 Silver (Lon) 18.300
Gold (NY) 1203.65 Light Crude 80.81
Market action to New York close on Friday.
EQUITIES
NEW YORK - U.S. stocks fell on Friday after government data showed a larger-than-expected drop in July payrolls, giving investors a stark reminder the economic recovery remains slow.
Stocks had been rising over the past five weeks, largely on the back of solid corporate earnings. The S&P 500 is still up 9.7 percent from its closing low for the year set July 2.
The Dow Jones industrial average dropped 21.42 points, or 0.20 percent, to 10,653.56. The Standard & Poor's 500 Index shed 4.17 points, or 0.37 percent, to 1,121.64. The Nasdaq Composite Index lost 4.59 points, or 0.20 percent, to 2,288.47.
For a full report, double click on
- - - -
LONDON - Britain's top shares fell on Friday, led by banks and miners, after weak jobs data cast doubt over the sustainability of the economic recovery in the United States and sapped earlier momentum.
The FTSE 100 index closed down 33.39 points, or 0.6 percent, at 5,332.39, falling from a session high of 5,408.06.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average inched down 0.1 percent on Friday after an unexpected rise in weekly U.S. jobless claims underscored the economy's weakening and sent Wall Street lower a day before the monthly U.S payrolls report.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to start weaker after the poor U.S. jobs data sent investor confidence lower, and base metal prices fell.
Share price index futures fell 14 points to 4515, a 51.1 point discount to the underlying index close on Friday.
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar approached a 15-year low against the yen on Friday and fell against the euro after news that the United States' economy shed twice as many jobs in July as expected added to worries about the recovery.
Analysts said the weak jobs report, combined with a recent string of poor data may lead the Federal Reserve to renew Treasury and mortgage bond purchases to jolt the economy. That would drag U.S. Treasury benchmark yields even lower and further dampen returns in dollar-denominated assets.
The dollar fell as low as 85.03 yen -- its lowest level since November and near a 15-year trough beneath 85.
Sterling hit a six-month high near $1.60. For more on the data, please see
The euro was last up 0.7 percent at $1.3281 after earlier hitting $1.3333 -- its highest level since May.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasuries prices rallied on Friday, sending two-year yields to record lows again as dismal jobs data rekindled speculation the Federal Reserve could consider new stimulus measures as early as next week.
The benchmark 10-year note was last up 23/32 in price, yielding 2.82 percent versus Thursday's close of 2.91 percent. During the session, 10-year yields fell as far as 2.81 percent, their lowest since April 2009.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold hit a three-week high on Friday, gaining 1 percent after a dismal U.S. nonfarm payrolls report increased the metal's safe-haven investment appeal amid worries of a slower economic recovery.
Spot gold rose as high as $1,210.90 an ounce, its strongest level since July 15, and was last at $1,205.10 an ounce at 2:24 p.m. EDT (1824 GMT), against $1,193.10 late in New York on Thursday. U.S. gold futures for December delivery settled up $6 at $1,205.30.
For a full report, double click on
- - - -
BASE METALS
LONDON/NEW YORK - Copper prices erased earlier gains to close down for a second-straight day on Friday, after disappointing employment data in the United States underscored concerns about a slowing economic recovery.
Copper for September delivery on the COMEX metals division of the New York Mercantile Exchange eased 1.05 cents to finish at $3.3430 per lb, after dealing between $3.3250 and $3.38.
On the London Metal Exchange (LME), benchmark copper shed $30 to close at $7,370 a tonne.
For a full report, double click on
- - - -
OIL
NEW YORK - Crude oil prices fell a third straight day on Friday, weighed down by a weak U.S. jobs report that also pulled Wall Street lower.
U.S. crude for September delivery fell $1.31 or 1.6 percent to settle at $80.70 a barrel, having traded from $80.04 to $82.67.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
-----------------------(06:30 / 2030 GMT)-----------------------
Stock Markets
S&P/ASX 200 4,566.06 -0.45 NZSX 50 3,044.63 -0.04
DJIA 10,653.56 -21.42 Nikkei 9,642.12 -11.80
NASDAQ 2,288.47 -4.59 FTSE 5,332.39 -33.39
S&P 500 1,121.64 -4.17 Hang Seng 21,551.72 +127.08
SPI 200 Fut 4,515.00 -14.00 CRB Index 274.71 -2.96
Bonds
AU 10 YR Bond 5.155 +0.065 US 10 YR Bond 2.822 +0.000
NZ 10 YR Bond 5.370 +0.000 US 30 YR Bond 3.998 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.9185 0.9168 NZD US$ 0.7330 0.7295
EUR US$ 1.3281 1.3196 Yen US$ 85.55 86.05
Commodities
Gold (Lon) 1207.75 Silver (Lon) 18.300
Gold (NY) 1203.65 Light Crude 80.81
Market action to New York close on Friday.
EQUITIES
NEW YORK - U.S. stocks fell on Friday after government data showed a larger-than-expected drop in July payrolls, giving investors a stark reminder the economic recovery remains slow.
Stocks had been rising over the past five weeks, largely on the back of solid corporate earnings. The S&P 500 is still up 9.7 percent from its closing low for the year set July 2.
The Dow Jones industrial average dropped 21.42 points, or 0.20 percent, to 10,653.56. The Standard & Poor's 500 Index shed 4.17 points, or 0.37 percent, to 1,121.64. The Nasdaq Composite Index lost 4.59 points, or 0.20 percent, to 2,288.47.
For a full report, double click on
- - - -
LONDON - Britain's top shares fell on Friday, led by banks and miners, after weak jobs data cast doubt over the sustainability of the economic recovery in the United States and sapped earlier momentum.
The FTSE 100 index closed down 33.39 points, or 0.6 percent, at 5,332.39, falling from a session high of 5,408.06.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average inched down 0.1 percent on Friday after an unexpected rise in weekly U.S. jobless claims underscored the economy's weakening and sent Wall Street lower a day before the monthly U.S payrolls report.
For a full report, double click on
- - - -
SYDNEY - Australian shares are set to start weaker after the poor U.S. jobs data sent investor confidence lower, and base metal prices fell.
Share price index futures fell 14 points to 4515, a 51.1 point discount to the underlying index close on Friday.
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar approached a 15-year low against the yen on Friday and fell against the euro after news that the United States' economy shed twice as many jobs in July as expected added to worries about the recovery.
Analysts said the weak jobs report, combined with a recent string of poor data may lead the Federal Reserve to renew Treasury and mortgage bond purchases to jolt the economy. That would drag U.S. Treasury benchmark yields even lower and further dampen returns in dollar-denominated assets.
The dollar fell as low as 85.03 yen -- its lowest level since November and near a 15-year trough beneath 85.
Sterling hit a six-month high near $1.60. For more on the data, please see
The euro was last up 0.7 percent at $1.3281 after earlier hitting $1.3333 -- its highest level since May.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasuries prices rallied on Friday, sending two-year yields to record lows again as dismal jobs data rekindled speculation the Federal Reserve could consider new stimulus measures as early as next week.
The benchmark 10-year note was last up 23/32 in price, yielding 2.82 percent versus Thursday's close of 2.91 percent. During the session, 10-year yields fell as far as 2.81 percent, their lowest since April 2009.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold hit a three-week high on Friday, gaining 1 percent after a dismal U.S. nonfarm payrolls report increased the metal's safe-haven investment appeal amid worries of a slower economic recovery.
Spot gold rose as high as $1,210.90 an ounce, its strongest level since July 15, and was last at $1,205.10 an ounce at 2:24 p.m. EDT (1824 GMT), against $1,193.10 late in New York on Thursday. U.S. gold futures for December delivery settled up $6 at $1,205.30.
For a full report, double click on
- - - -
BASE METALS
LONDON/NEW YORK - Copper prices erased earlier gains to close down for a second-straight day on Friday, after disappointing employment data in the United States underscored concerns about a slowing economic recovery.
Copper for September delivery on the COMEX metals division of the New York Mercantile Exchange eased 1.05 cents to finish at $3.3430 per lb, after dealing between $3.3250 and $3.38.
On the London Metal Exchange (LME), benchmark copper shed $30 to close at $7,370 a tonne.
For a full report, double click on
- - - -
OIL
NEW YORK - Crude oil prices fell a third straight day on Friday, weighed down by a weak U.S. jobs report that also pulled Wall Street lower.
U.S. crude for September delivery fell $1.31 or 1.6 percent to settle at $80.70 a barrel, having traded from $80.04 to $82.67.
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.