-----------------------(06:24 / 2024 GMT)-----------------------
Stock Markets
S&P/ASX 200 4,575.54 +34.34 NZSX 50 3,143.14 +35.71
DJIA 10,447.93 +127.83 Nikkei 9,301.32 +187.19
NASDAQ NA FTSE 5,439.19 +11.04
S&P 500 NA Hang Seng 20,971.50 +384.27
SPI 200 Fut 4,591.00 -1.00 CRB Index 0.00 +0.00
Bonds (Yield)
AU 10 YR Bond 4.910 +0.005 US 10 YR Bond 2.713 +0.000
NZ 10 YR Bond 5.430 -0.015 US 30 YR Bond 3.794 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.9168 0.9166 NZD US$ 0.7231 0.7217
EUR US$ 1.2874 1.2911 Yen US$ 84.20 84.29
Commodities
Gold (Lon) 1249.00 Silver (Lon) 19.860
Gold (NY) 1248.04 Light Crude 74.08
Overnight market action.
EQUITIES
NEW YORK - U.S. Markets were closed for the Labor Day holiday
For a full report, double click on
- - - -
LONDON - Firmer banks and energy stocks, lifted by an improved outlook for the global economy, fuelled slight gains on Britain's top share index, pushing it to its highest close in over four months on Monday.
The FTSE 100 ended 11.04 points, or 0.2 percent higher, at 5,439.19, up for a seventh consecutive day after it gained 1.1 percent on Friday, supported by non-farm payrolls data in the United States that was not as bad as expected.
For a full report, double click on
- - - -
TOKYO - Tokyo stocks rose 2.1 percent on Monday, gaining for a fourth day after fewer-than-expected U.S. job losses in August bolstered optimism that the U.S. economy would not fall back into recession.
The benchmark Nikkei picked up momentum after it broke above its 25-day moving average for the first time in about a month, and has climbed more than 5 percent this month following a 7.5 percent slide in August.
The benchmark Nikkei rose 187.19 points to 9,301.32, above its 25-day moving average of 9,229, with some market participants citing buying by domestic investors and short-covering of futures by foreigners.
For a full report, double click on
- - - -
SYDNEY - Australian shares are poised to inch higher on Tuesday, as investors await a rate decision from the Reserve Bank of Australia (RBA). There was no lead from Wall Street, which was closed for the U.S. Labor Day holiday.
The market is pricing in no chance of the RBA moving rates from 4.5 percent for a fourth month, and barely any risk of a rise by year-end.
Share price index futures were flat at 4,591.0, a 15.5 point premium to the underlying S&P/ASX 200 index. The benchmark rose 0.8 percent on Monday on the strength of the big four banks and miner Rio Tinto.
- - - -
FOREIGN EXCHANGE
NEW YORK - The euro dipped on Monday as short-term players were squeezed out of long positions after the single currency touched a three-week high against the dollar, buoyed by Friday's U.S. jobs data.
U.S. payrolls, which showed far fewer jobs lost than expected, eased market anxiety over the chances of a global slowdown and boosted demand for growth-linked currencies such as the Australian dollar.
The euro rose to $1.2918, its highest since Aug. 12, helped by Asian central banks, excluding Japan, converting dollars into euros after they intervened to rein in gains in their own currencies against the greenback, traders said. By 1350 GMT, the euro was slightly down at $1.2877.
The dollar index was flat from late Friday U.S. trade at 82.08. Support was seen at 81.82 -- the 50 percent Fibonacci retracement of the index's August rise from 80.085 to a high of 83.559.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Markets were closed for the Labor Day holiday
For a full report, double click on
- - - -
COMMODITIES
GOLD
LONDON - Gold held steady near $1,250 an ounce in Europe on Monday as expectations for a rise in physical demand going into the fourth quarter supported prices, and as disquiet over the outlook for economic growth persisted.
Spot gold was bid at $1,249.10 an ounce at 1531 GMT, against $1,248.04 late on Friday. U.S. gold futures for December delivery firmed 20 cents to $1,251.30. Trading was muted during the U.S. Labor Day holiday, analysts said.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper prices rose near four-month highs on Monday as investors bet on improved demand following better-than-forecast jobs data in the United States, the world's largest economy.
Benchmark copper for three-months delivery on the London Metal Exchange ended at $7,705 a tonne, from a close of $7,640 on Friday, when the metal used in power and construction hit a four-month high of $7,750.
For a full report, double click on
- - - -
OIL
NEW YORK - U.S. oil prices slipped below $74 per barrel on Monday as the end of the U.S. driving season and high levels of unemployment in the world's biggest oil consumer raised concerns over the outlook for demand.
The U.S. Labor Day holiday, which marks the traditional end of American summer holidays when gasoline demand peaks, kept volume low in many markets.
U.S. crude for October delivery was down 65 cents at $73.95 a barrel by 1638 GMT.
ICE Brent was stronger, falling only 3 cents at $76.64 with traders saying the supply-demand picture looked a little more positive in Europe than in the United States.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 4,575.54 +34.34 NZSX 50 3,143.14 +35.71
DJIA 10,447.93 +127.83 Nikkei 9,301.32 +187.19
NASDAQ NA FTSE 5,439.19 +11.04
S&P 500 NA Hang Seng 20,971.50 +384.27
SPI 200 Fut 4,591.00 -1.00 CRB Index 0.00 +0.00
Bonds (Yield)
AU 10 YR Bond 4.910 +0.005 US 10 YR Bond 2.713 +0.000
NZ 10 YR Bond 5.430 -0.015 US 30 YR Bond 3.794 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 0.9168 0.9166 NZD US$ 0.7231 0.7217
EUR US$ 1.2874 1.2911 Yen US$ 84.20 84.29
Commodities
Gold (Lon) 1249.00 Silver (Lon) 19.860
Gold (NY) 1248.04 Light Crude 74.08
Overnight market action.
EQUITIES
NEW YORK - U.S. Markets were closed for the Labor Day holiday
For a full report, double click on
- - - -
LONDON - Firmer banks and energy stocks, lifted by an improved outlook for the global economy, fuelled slight gains on Britain's top share index, pushing it to its highest close in over four months on Monday.
The FTSE 100 ended 11.04 points, or 0.2 percent higher, at 5,439.19, up for a seventh consecutive day after it gained 1.1 percent on Friday, supported by non-farm payrolls data in the United States that was not as bad as expected.
For a full report, double click on
- - - -
TOKYO - Tokyo stocks rose 2.1 percent on Monday, gaining for a fourth day after fewer-than-expected U.S. job losses in August bolstered optimism that the U.S. economy would not fall back into recession.
The benchmark Nikkei picked up momentum after it broke above its 25-day moving average for the first time in about a month, and has climbed more than 5 percent this month following a 7.5 percent slide in August.
The benchmark Nikkei rose 187.19 points to 9,301.32, above its 25-day moving average of 9,229, with some market participants citing buying by domestic investors and short-covering of futures by foreigners.
For a full report, double click on
- - - -
SYDNEY - Australian shares are poised to inch higher on Tuesday, as investors await a rate decision from the Reserve Bank of Australia (RBA). There was no lead from Wall Street, which was closed for the U.S. Labor Day holiday.
The market is pricing in no chance of the RBA moving rates from 4.5 percent for a fourth month, and barely any risk of a rise by year-end.
Share price index futures were flat at 4,591.0, a 15.5 point premium to the underlying S&P/ASX 200 index. The benchmark rose 0.8 percent on Monday on the strength of the big four banks and miner Rio Tinto.
- - - -
FOREIGN EXCHANGE
NEW YORK - The euro dipped on Monday as short-term players were squeezed out of long positions after the single currency touched a three-week high against the dollar, buoyed by Friday's U.S. jobs data.
U.S. payrolls, which showed far fewer jobs lost than expected, eased market anxiety over the chances of a global slowdown and boosted demand for growth-linked currencies such as the Australian dollar.
The euro rose to $1.2918, its highest since Aug. 12, helped by Asian central banks, excluding Japan, converting dollars into euros after they intervened to rein in gains in their own currencies against the greenback, traders said. By 1350 GMT, the euro was slightly down at $1.2877.
The dollar index was flat from late Friday U.S. trade at 82.08. Support was seen at 81.82 -- the 50 percent Fibonacci retracement of the index's August rise from 80.085 to a high of 83.559.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Markets were closed for the Labor Day holiday
For a full report, double click on
- - - -
COMMODITIES
GOLD
LONDON - Gold held steady near $1,250 an ounce in Europe on Monday as expectations for a rise in physical demand going into the fourth quarter supported prices, and as disquiet over the outlook for economic growth persisted.
Spot gold was bid at $1,249.10 an ounce at 1531 GMT, against $1,248.04 late on Friday. U.S. gold futures for December delivery firmed 20 cents to $1,251.30. Trading was muted during the U.S. Labor Day holiday, analysts said.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper prices rose near four-month highs on Monday as investors bet on improved demand following better-than-forecast jobs data in the United States, the world's largest economy.
Benchmark copper for three-months delivery on the London Metal Exchange ended at $7,705 a tonne, from a close of $7,640 on Friday, when the metal used in power and construction hit a four-month high of $7,750.
For a full report, double click on
- - - -
OIL
NEW YORK - U.S. oil prices slipped below $74 per barrel on Monday as the end of the U.S. driving season and high levels of unemployment in the world's biggest oil consumer raised concerns over the outlook for demand.
The U.S. Labor Day holiday, which marks the traditional end of American summer holidays when gasoline demand peaks, kept volume low in many markets.
U.S. crude for October delivery was down 65 cents at $73.95 a barrel by 1638 GMT.
ICE Brent was stronger, falling only 3 cents at $76.64 with traders saying the supply-demand picture looked a little more positive in Europe than in the United States.
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.