-----------------------(07:10 / 1910 GMT)-----------------------
Stock Markets
S&P/ASX 200 4,459.59 +58.70 NZSX 50 3,015.13 +8.22
DJIA 10,303.15 -16.80 Nikkei 9,253.46 +40.87
NASDAQ 2,173.48 -16.79 FTSE 5,275.44 +9.38
S&P 500 1,079.25 -4.36 Hang Seng 21,071.57 -34.14
SPI 200 Fut 4,380.00 -50.00 CRB Index 268.79 -0.12
Bonds
AU 10 YR Bond 5.050 +0.000 US 10 YR Bond 2.679 +0.000
NZ 10 YR Bond 5.250 +0.000 US 30 YR Bond 3.863 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8928 0.9017 NZD US$ 0.7055 0.7145
EUR US$ 1.2752 1.2884 Yen US$ 86.19 86.08
Commodities
Gold (Lon) 1214.25 Silver (Lon) 18.060
Gold (NY) 1213.55 Light Crude 75.45
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks closed out their worst week in six with a whimper on Friday, slumping toward the close as economic data gave little reason to reverse a string of sell-offs.
The Dow Jones industrial average dropped 16.80 points, or 0.16 percent, to 10,303.15. The Standard & Poor's 500 Index dropped 4.36 points, or 0.40 percent, to 1,079.25. The Nasdaq Composite Index dropped 16.79 points, or 0.77 percent, to 2,173.48.
For a full report, double click on
- - - -
LONDON - Britain's top share index closed modestly higher on Friday, aided by strength from defensive stocks on investor concern over the state of the global economy, and countering falls among banks and miners.
The FTSE 100 closed up 9.38 points, or 0.2 percent, at 5,275.44, after rising 0.4 percent on Thursday. Over the course of the week, the index dropped 1.1 percent.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei rose 0.4 percent on Friday, drawing support from an apparent halt in the yen's advance against the dollar after Japanese officials stepped up their campaign against the yen's rise with a series of comments.
The Nikkei ended up 40.87 points at 9,253.46. It touched a 13-month low on Thursday before paring losses. The broader Topix rose 0.4 percent to 831.24.
For a full report, double click on
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar on Friday chalked up its best week against major currencies in nearly two years as a lackluster Italian debt sale and tepid U.S. consumer data fed fear that slower U.S. growth would hurt the world economy.
The euro fell to a three-week low against the U.S. currency as spreads between peripheral European and benchmark German government bonds widened. Analysts said weak demand for Italian five- and 15-year bonds renewed fear about euro zone deficits.
U.S. data showing a smaller-than-expected rebound in July retail sales and consumer inflation at its lowest level since the 1960s also added to recent evidence that the U.S. economy has slowed considerably.
This week was shaping up to be the dollar's best since October 2008, with an index of the greenback against six major currencies up 3.1 percent since Monday.
The euro, the biggest component of the index, wound down New York trade around $1.2151, a three-week low, down 0.6 percent on the day. It ended the week 4 percent lower, its worst week in about three months.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasuries prices rose on Friday, led by the
30-year bond, as weaker-than
expected data on consumer inflation and spending rekindled this week's rally in advance of the Federal Reserve's bond purchase program.
Adding to the strength in 30-year bonds were more 'flattener' trades that involved buying the long bond and selling 10-year notes and other shorter maturities, analysts said.
These flatteners helped narrow the spread between 10- and
30-year yields to 118 basis points on Friday -
a level not seen in a week. The spread had reached a record wide of 128 basis points two days earlier.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold climbed on Friday, making gains for two straight weeks for the first time since June, as weak U.S. jobs data and signs of an economic slowdown bolstered the metal's safe-haven appeal.
Spot gold was at $1,213.90 an ounce at 1:55 p.m. EDT (1755 GMT), against $1,211.20 late in New York on Thursday. U.S. gold futures for December delivery settled 10 cents lower at $1,216.60.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper finished lower on Friday, suffering its first weekly loss in four weeks, as economic sentiment soured in response to a string of disappointing releases in the United States, the world's largest economy.
Copper for September delivery on the COMEX metals division of the New York Mercantile Exchange fell 3.20 cents, or 1 percent, to finish at $3.2520 per lb and ranging from $3.2360 to $3.3120.
For a full report, double click on
- - - -
OIL
NEW YORK - Crude oil prices fell a fourth straight day on Friday, dropping 6.6 percent for the week, on mounting concerns about slowing economic growth that have weighed on equities and oil prices.
U.S. crude for September delivery fell 35 cents to settle at $75.39 a barrel, trading from $75.01 to $76.74.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 4,459.59 +58.70 NZSX 50 3,015.13 +8.22
DJIA 10,303.15 -16.80 Nikkei 9,253.46 +40.87
NASDAQ 2,173.48 -16.79 FTSE 5,275.44 +9.38
S&P 500 1,079.25 -4.36 Hang Seng 21,071.57 -34.14
SPI 200 Fut 4,380.00 -50.00 CRB Index 268.79 -0.12
Bonds
AU 10 YR Bond 5.050 +0.000 US 10 YR Bond 2.679 +0.000
NZ 10 YR Bond 5.250 +0.000 US 30 YR Bond 3.863 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.8928 0.9017 NZD US$ 0.7055 0.7145
EUR US$ 1.2752 1.2884 Yen US$ 86.19 86.08
Commodities
Gold (Lon) 1214.25 Silver (Lon) 18.060
Gold (NY) 1213.55 Light Crude 75.45
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks closed out their worst week in six with a whimper on Friday, slumping toward the close as economic data gave little reason to reverse a string of sell-offs.
The Dow Jones industrial average dropped 16.80 points, or 0.16 percent, to 10,303.15. The Standard & Poor's 500 Index dropped 4.36 points, or 0.40 percent, to 1,079.25. The Nasdaq Composite Index dropped 16.79 points, or 0.77 percent, to 2,173.48.
For a full report, double click on
- - - -
LONDON - Britain's top share index closed modestly higher on Friday, aided by strength from defensive stocks on investor concern over the state of the global economy, and countering falls among banks and miners.
The FTSE 100 closed up 9.38 points, or 0.2 percent, at 5,275.44, after rising 0.4 percent on Thursday. Over the course of the week, the index dropped 1.1 percent.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei rose 0.4 percent on Friday, drawing support from an apparent halt in the yen's advance against the dollar after Japanese officials stepped up their campaign against the yen's rise with a series of comments.
The Nikkei ended up 40.87 points at 9,253.46. It touched a 13-month low on Thursday before paring losses. The broader Topix rose 0.4 percent to 831.24.
For a full report, double click on
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar on Friday chalked up its best week against major currencies in nearly two years as a lackluster Italian debt sale and tepid U.S. consumer data fed fear that slower U.S. growth would hurt the world economy.
The euro fell to a three-week low against the U.S. currency as spreads between peripheral European and benchmark German government bonds widened. Analysts said weak demand for Italian five- and 15-year bonds renewed fear about euro zone deficits.
U.S. data showing a smaller-than-expected rebound in July retail sales and consumer inflation at its lowest level since the 1960s also added to recent evidence that the U.S. economy has slowed considerably.
This week was shaping up to be the dollar's best since October 2008, with an index of the greenback against six major currencies up 3.1 percent since Monday.
The euro, the biggest component of the index, wound down New York trade around $1.2151, a three-week low, down 0.6 percent on the day. It ended the week 4 percent lower, its worst week in about three months.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasuries prices rose on Friday, led by the
30-year bond, as weaker-than
expected data on consumer inflation and spending rekindled this week's rally in advance of the Federal Reserve's bond purchase program.
Adding to the strength in 30-year bonds were more 'flattener' trades that involved buying the long bond and selling 10-year notes and other shorter maturities, analysts said.
These flatteners helped narrow the spread between 10- and
30-year yields to 118 basis points on Friday -
a level not seen in a week. The spread had reached a record wide of 128 basis points two days earlier.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold climbed on Friday, making gains for two straight weeks for the first time since June, as weak U.S. jobs data and signs of an economic slowdown bolstered the metal's safe-haven appeal.
Spot gold was at $1,213.90 an ounce at 1:55 p.m. EDT (1755 GMT), against $1,211.20 late in New York on Thursday. U.S. gold futures for December delivery settled 10 cents lower at $1,216.60.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper finished lower on Friday, suffering its first weekly loss in four weeks, as economic sentiment soured in response to a string of disappointing releases in the United States, the world's largest economy.
Copper for September delivery on the COMEX metals division of the New York Mercantile Exchange fell 3.20 cents, or 1 percent, to finish at $3.2520 per lb and ranging from $3.2360 to $3.3120.
For a full report, double click on
- - - -
OIL
NEW YORK - Crude oil prices fell a fourth straight day on Friday, dropping 6.6 percent for the week, on mounting concerns about slowing economic growth that have weighed on equities and oil prices.
U.S. crude for September delivery fell 35 cents to settle at $75.39 a barrel, trading from $75.01 to $76.74.
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.