-----------------------(06:37 / 2037 GMT)-----------------------
Stock Markets
S&P/ASX 200 4,940.57 +32.44 NZSX 50 3,445.28 -5.08
DJIA 12,380.05 -29.44 Nikkei 9,768.08 +177.15
NASDAQ 2,780.42 -15.72 FTSE 6,055.75 +48.38
S&P 500 1,328.17 -5.34 Hang Seng 24,396.07 +114.27
SPI 200 Fut 4,943.00 +0.00 CRB Index 368.70 +4.22
Bonds
AU 10 YR Bond 5.668 +0.000 US 10 YR Bond 3.583 +0.000
NZ 10 YR Bond 5.770 +0.000 US 30 YR Bond 4.644 +0.000
Currencies (Prev at 7pm NZST)
AUD US$ 1.0567 1.0523 NZD US$ 0.7820 0.7809
EUR US$ 1.4475 1.4390 Yen US$ 84.92 85.04
Commodities
Gold (Lon) 1469.50 Silver (Lon) 40.220
Gold (NY) 1472.60 Light Crude 112.79
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks fell late on Friday as a spike in oil prices revived worries that inflation would derail the recovery, jolting a market that had been treading water ahead of corporate earnings.
The Dow Jones industrial average was down 29.59 points, or 0.24 percent, at 12,379.90. The Standard & Poor's 500 Index was down 5.36 points, or 0.40 percent, at 1,328.15. The Nasdaq Composite Index was down 15.73 points, or 0.56 percent, at 2,780.41.
For the week, the Dow rose 0.03 percent while the S&P 500 and Nasdaq each lost 0.3 percent.
For a full report, double click on
- - - -
LONDON - Britain's top share index notched up a third week of gains and the highest close since mid-February after rising metals prices and deal-making boosted miners, with technicals pointing to further near-term upside.
The FTSE 100 ended up 0.8 percent at 6,055.75 points and momentum indicators, including the relative strength index and moving average convergence-divergence, suggested the rally had further to run.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei stock average jumped 1.9 percent to close at its highest since the March 11 earthquake, with short-covering encouraged by an 'outperform' rating for beleaguered Tokyo Electric Power and a government plan to avoid rolling power blackouts.
The benchmark Nikkei closed up 1.9 percent or 177.15 points at 9,768.08, its highest close since March 11 and the biggest percentage gain for a single day since March 30.
For a full report, double click on
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SYDNEY - Australian shares are expected to trade in a tight range on Monday following a softer finish on Wall Street on inflation worries as oil prices increased further.
Stock index futures fell 11 points to 4,954, a premium of 14 points to the close in the underlying benchmark index, which finished 0.7 percent up on Friday.
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FOREIGN EXCHANGE
NEW YORK - Expectations interest-rate differentials will widen further in Europe's favor should buoy the euro against the dollar next week, while investors will closely watch U.S. inflation data that could help shape Federal Reserve monetary policy.
The euro rose to a 15-month peak versus the dollar on Friday, on pace for a gain of 1.7 percent this week. The prospect of a U.S. government shutdown, which would idle about 800,000 federal government workers and put a crimp in the economic recovery, weighed on the dollar.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasuries yields rose on Friday, leaving bonds with a third straight week of losses, the legacy of investors' willingness to acquire riskier assets for a greater rate of return.
Benchmark 10-year note yields brushed up against support at 3.59 percent during the session, but eased from that level in late trade, to 3.58 percent.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold rose to a record high for a fourth straight day and silver surged on Friday, as a weaker dollar, the prospect of a U.S. government shutdown and inflation worries lifted precious metals in a broad commodities rally.
Spot gold rose as high as $1,474.60 an ounce and was later up 1 percent at $1,471.74 an ounce by 2:53 a.m. EDT (1853 GMT). Bullion gained 2.5 percent this week for a fourth straight weekly gain. U.S. gold futures for June delivery settled up 1 percent to $1,474.10.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper ended up over 2 percent on Friday, posting its biggest weekly advance since early December, as the dollar weakened and investor demand for the metal increased with inflation fears mounting.
London Metal Exchange (LME) three-month copper rallied $205 to close at $9,875 per tonne, near a session peak of $9,896 -- its highest in more than a month.
COMEX May copper surged 8.50 cents, or 1.9 percent, to settle at $4.5015 per lb.
For a full report, double click on
- - - -
OIL
NEW YORK - Brent crude futures settled above $126 a barrel on Friday, the highest level in 32 months, as commodities surged due to a weaker dollar and as intense fighting in Libya raised fears of prolonged supply cuts.
In London, ICE Brent crude for May delivery ended at $126.65, up $3.98 or 3.24 percent and the highest settlement for a front-month contract since July 30, 2008, when prices closed at $127.10. It traded from $122.28 to $126.87.
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 2011. 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.
Overnight market action with latest New York figures.
EQUITIES
NEW YORK - U.S. stocks fell late on Friday as a spike in oil prices revived worries that inflation would derail the recovery, jolting a market that had been treading water ahead of corporate earnings.
The Dow Jones industrial average was down 29.59 points, or 0.24 percent, at 12,379.90. The Standard & Poor's 500 Index was down 5.36 points, or 0.40 percent, at 1,328.15. The Nasdaq Composite Index was down 15.73 points, or 0.56 percent, at 2,780.41.
For the week, the Dow rose 0.03 percent while the S&P 500 and Nasdaq each lost 0.3 percent.
For a full report, double click on
- - - -
LONDON - Britain's top share index notched up a third week of gains and the highest close since mid-February after rising metals prices and deal-making boosted miners, with technicals pointing to further near-term upside.
The FTSE 100 ended up 0.8 percent at 6,055.75 points and momentum indicators, including the relative strength index and moving average convergence-divergence, suggested the rally had further to run.
For a full report, double click on
- - - -
TOKYO - Japan's Nikkei stock average jumped 1.9 percent to close at its highest since the March 11 earthquake, with short-covering encouraged by an 'outperform' rating for beleaguered Tokyo Electric Power and a government plan to avoid rolling power blackouts.
The benchmark Nikkei closed up 1.9 percent or 177.15 points at 9,768.08, its highest close since March 11 and the biggest percentage gain for a single day since March 30.
For a full report, double click on
- - - -
SYDNEY - Australian shares are expected to trade in a tight range on Monday following a softer finish on Wall Street on inflation worries as oil prices increased further.
Stock index futures fell 11 points to 4,954, a premium of 14 points to the close in the underlying benchmark index, which finished 0.7 percent up on Friday.
- - - -
FOREIGN EXCHANGE
NEW YORK - Expectations interest-rate differentials will widen further in Europe's favor should buoy the euro against the dollar next week, while investors will closely watch U.S. inflation data that could help shape Federal Reserve monetary policy.
The euro rose to a 15-month peak versus the dollar on Friday, on pace for a gain of 1.7 percent this week. The prospect of a U.S. government shutdown, which would idle about 800,000 federal government workers and put a crimp in the economic recovery, weighed on the dollar.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasuries yields rose on Friday, leaving bonds with a third straight week of losses, the legacy of investors' willingness to acquire riskier assets for a greater rate of return.
Benchmark 10-year note yields brushed up against support at 3.59 percent during the session, but eased from that level in late trade, to 3.58 percent.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold rose to a record high for a fourth straight day and silver surged on Friday, as a weaker dollar, the prospect of a U.S. government shutdown and inflation worries lifted precious metals in a broad commodities rally.
Spot gold rose as high as $1,474.60 an ounce and was later up 1 percent at $1,471.74 an ounce by 2:53 a.m. EDT (1853 GMT). Bullion gained 2.5 percent this week for a fourth straight weekly gain. U.S. gold futures for June delivery settled up 1 percent to $1,474.10.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper ended up over 2 percent on Friday, posting its biggest weekly advance since early December, as the dollar weakened and investor demand for the metal increased with inflation fears mounting.
London Metal Exchange (LME) three-month copper rallied $205 to close at $9,875 per tonne, near a session peak of $9,896 -- its highest in more than a month.
COMEX May copper surged 8.50 cents, or 1.9 percent, to settle at $4.5015 per lb.
For a full report, double click on
- - - -
OIL
NEW YORK - Brent crude futures settled above $126 a barrel on Friday, the highest level in 32 months, as commodities surged due to a weaker dollar and as intense fighting in Libya raised fears of prolonged supply cuts.
In London, ICE Brent crude for May delivery ended at $126.65, up $3.98 or 3.24 percent and the highest settlement for a front-month contract since July 30, 2008, when prices closed at $127.10. It traded from $122.28 to $126.87.
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 2011. 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.