-----------------------(07:16 / 1816 GMT)-----------------------
Stock Markets
S&P/ASX 200 4,618.18 -79.32 NZSX 50 3,230.83 +0.00
DJIA 11,019.11 +8.77 Nikkei 9,388.64 -200.24
NASDAQ 2,414.58 +12.25 FTSE 5,661.59 -10.81
S&P 500 1,168.21 +2.89 Hang Seng 23,121.70 -85.61
SPI 200 Fut 4,657.00 +25.00 CRB Index 297.99 +1.62
Bonds
AU 10 YR Bond 5.025 +0.023 US 10 YR Bond 2.417 +0.021
NZ 10 YR Bond 5.080 +0.000 US 30 YR Bond 3.783 +0.035
Currencies (Prev at 7pm NZST)
AUD US$ 0.9871 0.9791 NZD US$ 0.7550 0.7490
EUR US$ 1.3910 1.3821 Yen US$ 81.79 81.92
Commodities
Gold (Lon) 1348.50 Silver (Lon) 23.030
Gold (NY) 1352.95 Light Crude 82.02
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - The Dow and the S&P 500 edged lower on Tuesday as investors grew nervous ahead of the release of minutes from the Federal Reserve's last meeting, while the Nasdaq rose slightly.
Another factor pressuring the stock market was China's bid to cool down its economy, which sparked concerns it would crimp global growth.
An official Chinese newspaper reported the government raised bank reserve requirements by 50 basis points, the fourth hike this year, due to excessive lending.
The Dow Jones industrial average was down 33.95 points, or 0.31 percent, at 10,976.39. The Standard & Poor's 500 Index was down 1.77 points, or 0.15 percent, at 1,163.55. But the Nasdaq Composite Index was up 4.65 points, or 0.19 percent, at 2,405.98.
For a full report, double click on
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LONDON - Britain's leading share index edged lower on Tuesday with weakness in commodity issues countering strength in defensive issues as investors' risk appetite faded.
At the close, the FTSE 100 index was down 10.81 points, or 0.2 percent, at 5,661.59, having earlier touched its lowest level in a week below the 5,600 level.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average fell 2.1 percent on Tuesday, knocked to its biggest daily loss in a month by persistent strength in the yen and by a surprisingly weak profit forecast from popular stock Fast Retailing.
The stock market returned from a three-day holiday weekend that saw the yen jump to a fresh 15-year high against the dollar in overseas markets before pulling back, and a renewed yen rise on Tuesday afternoon added momentum to the Nikkei's fall.
Despite early gains on the back of a climb in global equities, after weak U.S. jobs data strengthened the case for more stimulus from the Federal Reserve, the benchmark Nikkei shed 200.24 points or 2.1 percent to 9,388.64, its worst daily percentage drop in about a month.
The broader Topix lost 1.8 percent to 824.60.
For a full report, double click on
- - - -
FOREIGN EXCHANGE
NEW YORK - The euro pared losses and traded little changed against the dollar on Tuesday after European Central Bank Governing Council member Axel Weber said the ECB's government bond-buying program has not worked and should be scrapped.
Speaking in New York, Weber called for the ECB to scale back its other forms of support as soon as possible and not delay interest rate hikes. For details, see
The euro recovered sharply in the aftermath of Weber's comments as investors compared the euro view with that of the dollar ahead of the release of minutes from the Federal Reserve's September policy meeting.
In midday trading, the euro was down 0.2 percent at $1.3848 but well off the session low of $1.3775 on trading platform EBS, its lowest level since Oct. 5, retreating further from a more than eight-month high of $1.4030 hit last week.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasury debt prices were slightly lower on Tuesday after lackluster demand in an auction of three-year notes spurred some worries over the potential for success in remaining debt auctions this week.
The government sale of $32 billion of three-year notes brought a high yield that was above market expectations, indicating investors were unwilling to pay for the notes at the current historically low yields.
Following the auction, three-year notes were trading 2/32 lower in price to yield 0.56 percent, up from 0.53 percent late on Friday, while benchmark 10-year Treasury notes were 2/32 lower to yield 2.41 percent from 2.40 percent.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold fell on Tuesday as uncertainty over what the Federal Reserve will do to stimulate economic growth prompted investors to take profits. Spot gold was trading down 0.5 percent at $1,346.50 an ounce at 12:48 p.m. EDT (1648 GMT). U.S. gold futures for December delivery fell $6.90 an ounce to $1,347.50.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper reversed early losses to trade back up on Tuesday supported by expected positive trade data out of top consumer China and continued supply concerns.
Benchmark copper closed at $8,350 a tonne versus Monday's close of $8,290. The metal used in power and construction had earlier touched a session low of $8,165.
Aluminium, zinc and lead tracked higher copper prices to touch their highest levels since April.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil prices slipped for a second day on Tuesday as OPEC signaled it will keep output targets steady when the group meets this week and with the stronger dollar also providing price pressure for oil.
Strikes affecting French ports and eight of the country's 12 oil refineries cut fuel output and pushed up oil products prices, helping to limit crude oil's price slide.
U.S. crude for November delivery fell 49 cents, or 0.6 percent, to $81.72 per barrel by 12:31 a.m. EDT (1631 GMT), having traded from $80.88 to $82.33. In London, ICE Brent November crude fell 32 cents, or 0.38 percent, to $83.40 a barrel.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Stock Markets
S&P/ASX 200 4,618.18 -79.32 NZSX 50 3,230.83 +0.00
DJIA 11,019.11 +8.77 Nikkei 9,388.64 -200.24
NASDAQ 2,414.58 +12.25 FTSE 5,661.59 -10.81
S&P 500 1,168.21 +2.89 Hang Seng 23,121.70 -85.61
SPI 200 Fut 4,657.00 +25.00 CRB Index 297.99 +1.62
Bonds
AU 10 YR Bond 5.025 +0.023 US 10 YR Bond 2.417 +0.021
NZ 10 YR Bond 5.080 +0.000 US 30 YR Bond 3.783 +0.035
Currencies (Prev at 7pm NZST)
AUD US$ 0.9871 0.9791 NZD US$ 0.7550 0.7490
EUR US$ 1.3910 1.3821 Yen US$ 81.79 81.92
Commodities
Gold (Lon) 1348.50 Silver (Lon) 23.030
Gold (NY) 1352.95 Light Crude 82.02
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - The Dow and the S&P 500 edged lower on Tuesday as investors grew nervous ahead of the release of minutes from the Federal Reserve's last meeting, while the Nasdaq rose slightly.
Another factor pressuring the stock market was China's bid to cool down its economy, which sparked concerns it would crimp global growth.
An official Chinese newspaper reported the government raised bank reserve requirements by 50 basis points, the fourth hike this year, due to excessive lending.
The Dow Jones industrial average was down 33.95 points, or 0.31 percent, at 10,976.39. The Standard & Poor's 500 Index was down 1.77 points, or 0.15 percent, at 1,163.55. But the Nasdaq Composite Index was up 4.65 points, or 0.19 percent, at 2,405.98.
For a full report, double click on
- - - -
LONDON - Britain's leading share index edged lower on Tuesday with weakness in commodity issues countering strength in defensive issues as investors' risk appetite faded.
At the close, the FTSE 100 index was down 10.81 points, or 0.2 percent, at 5,661.59, having earlier touched its lowest level in a week below the 5,600 level.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei average fell 2.1 percent on Tuesday, knocked to its biggest daily loss in a month by persistent strength in the yen and by a surprisingly weak profit forecast from popular stock Fast Retailing.
The stock market returned from a three-day holiday weekend that saw the yen jump to a fresh 15-year high against the dollar in overseas markets before pulling back, and a renewed yen rise on Tuesday afternoon added momentum to the Nikkei's fall.
Despite early gains on the back of a climb in global equities, after weak U.S. jobs data strengthened the case for more stimulus from the Federal Reserve, the benchmark Nikkei shed 200.24 points or 2.1 percent to 9,388.64, its worst daily percentage drop in about a month.
The broader Topix lost 1.8 percent to 824.60.
For a full report, double click on
- - - -
FOREIGN EXCHANGE
NEW YORK - The euro pared losses and traded little changed against the dollar on Tuesday after European Central Bank Governing Council member Axel Weber said the ECB's government bond-buying program has not worked and should be scrapped.
Speaking in New York, Weber called for the ECB to scale back its other forms of support as soon as possible and not delay interest rate hikes. For details, see
The euro recovered sharply in the aftermath of Weber's comments as investors compared the euro view with that of the dollar ahead of the release of minutes from the Federal Reserve's September policy meeting.
In midday trading, the euro was down 0.2 percent at $1.3848 but well off the session low of $1.3775 on trading platform EBS, its lowest level since Oct. 5, retreating further from a more than eight-month high of $1.4030 hit last week.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasury debt prices were slightly lower on Tuesday after lackluster demand in an auction of three-year notes spurred some worries over the potential for success in remaining debt auctions this week.
The government sale of $32 billion of three-year notes brought a high yield that was above market expectations, indicating investors were unwilling to pay for the notes at the current historically low yields.
Following the auction, three-year notes were trading 2/32 lower in price to yield 0.56 percent, up from 0.53 percent late on Friday, while benchmark 10-year Treasury notes were 2/32 lower to yield 2.41 percent from 2.40 percent.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold fell on Tuesday as uncertainty over what the Federal Reserve will do to stimulate economic growth prompted investors to take profits. Spot gold was trading down 0.5 percent at $1,346.50 an ounce at 12:48 p.m. EDT (1648 GMT). U.S. gold futures for December delivery fell $6.90 an ounce to $1,347.50.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper reversed early losses to trade back up on Tuesday supported by expected positive trade data out of top consumer China and continued supply concerns.
Benchmark copper closed at $8,350 a tonne versus Monday's close of $8,290. The metal used in power and construction had earlier touched a session low of $8,165.
Aluminium, zinc and lead tracked higher copper prices to touch their highest levels since April.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil prices slipped for a second day on Tuesday as OPEC signaled it will keep output targets steady when the group meets this week and with the stronger dollar also providing price pressure for oil.
Strikes affecting French ports and eight of the country's 12 oil refineries cut fuel output and pushed up oil products prices, helping to limit crude oil's price slide.
U.S. crude for November delivery fell 49 cents, or 0.6 percent, to $81.72 per barrel by 12:31 a.m. EDT (1631 GMT), having traded from $80.88 to $82.33. In London, ICE Brent November crude fell 32 cents, or 0.38 percent, to $83.40 a barrel.
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.