-----------------------(06:15 / 2015 GMT)----------------------- Stock Markets S&P/ASX 200 4,711.36 +15.23 NZSX 50 3,535.79 -4.53 DJIA 12,595.75 -100.17 Nikkei 9,648.77 -67.88 NASDAQ 2,828.47 -34.57 FTSE 5,925.87 -19.09 S&P 500 1,337.77 -10.88 Hang Seng 23,276.27 +202.51 SPI 200 Fut 4,678.00 -35.00 CRB Index 338.53 -0.03
Bonds AU 10 YR Bond 5.360 +0.010 US 10 YR Bond 3.169 -0.057 NZ 10 YR Bond 5.265 +0.000 US 30 YR Bond 4.309 -0.070
Currencies (Prev at 7pm NZST) AUD US$ 1.0565 1.0674 NZD US$ 0.7846 0.7950 EUR US$ 1.4082 1.4251 Yen US$ 80.80 80.55
Commodities Gold (Lon) 1505.75 Silver (Lon) 36.200 Gold (NY) 1494.25 Light Crude 99.65
Overnight market action to New York close on Friday.
EQUITIES
NEW YORK - U.S. stocks ended a second week of losses on a down note Friday, reflecting growing worries that stocks are on the precipice of a pullback.
Concern about slowed growth worldwide, the coming end of a supportive Federal Reserve policy and the fear of a worsening euro-zone debt crisis are undermining the stock market's ability to maintain an upward direction.
The Dow Jones industrial average ended down 100.17 points, or 0.79 percent, at 12,595.75. The Standard & Poor's 500 Index finished down 10.88 points, or 0.81 percent, at 1,337.77. The Nasdaq Composite Index fell 34.57 points, or 1.21 percent, at 2,828.47.
For a full report, double click on
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LONDON - Britain's top share index closed lower on Friday after a slight recovery in battered metal prices failed to restore confidence in the sustainability of the global economic recovery.
The FTSE 100 fell 0.3 percent to close at 5,925.87, down for six of the last eight sessions. It is down 2.4 percent in May.
For a full report, double click on
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SYDNEY - Australian stocks are poised to open lower on Monday on worries about global growth and the impact of the strong Aussie dollar on corporate earnings following profit warnings last week.
Stock index futures fell 0.7 percent to 4,678.0, a 33.4-point discount to the underlying S&P/ASX 200 index. The benchmark closed up 0.3 percent last Friday but was down 0.7 percent for the week.
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TOKYO - Tokyo stocks fell to a two-week low in heavy volume on Friday as bank shares tumbled after the government's top spokesman sparked concerns that banks are likely to be asked to ease troubled Tokyo Electric Power Co's loan burden.
Shares in utilities also took a hit, after Japan's government approved a plan to help Tepco compensate victims of the crisis at its tsunami-crippled nuclear plant and said other utilities will be asked to pay annual premiums to help fund compensation.
The benchmark Nikkei average closed down 0.7 percent at 9,648.77, while the broader Topix fell 1.1 percent to 839.94.
For a full report, double click on
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FOREIGN EXCHANGE
NEW YORK - The U.S. dollar rose to a five-week high against major currencies on Friday as renewed worries about possible euro zone sovereign debt restructuring continued to drive a broad pullback from risky trades in commodities, stocks, and high-yielding currencies.
The euro fell against most currencies, dropping to a six-week lows against the dollar and the yen on renewed concerns Greece may restructure its debt.
European Central bank President Jean-Claude Trichet also contributed to the euro fall as he dampened expectations about a interest rate rises in the euro zone by saying that inflation was at it's peak.
In late trading, the ICE Futures' dollar index rose as high as 75.949, the highest since April 5, before closing at 75.811, up 0.8 percent.
The euro closed down about 1.0 percent at $1.4097, after hitting a session low at $1.40650 on trading platform EBS. Over the last two weeks, the euro has declined 7.3 percent, its weakest showing since mid-May last year.
For a full report, double click on
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TREASURIES
NEW YORK - U.S. Treasuries prices rose on Friday, helped by stock losses, Fed purchases of Treasuries, and relief U.S. inflation data did not come in above forecast.
Gains in the overall Consumer Price Index abated a bit in April, possibly giving the Federal Reserve a longer lease on its accommodative monetary policy.
Investors' preference for safety helped push benchmark U.S. 10-year Treasury notes up 12/32 in price, with yields easing to 3.18 percent from 3.23 percent on Thursday.
Benchmark yields remain not far above the five-month low of 3.13 percent reached last week.
For a full report, double click on
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COMMODITIES
GOLD
NEW YORK - Gold fell on Friday, sharply reversing early gains, as a dollar surge against the euro and renewed uncertainty about euro zone debt prompted investors to sell ahead of the weekend.
Silver continued to recover from last week's 25 percent correction, and technical charts suggested the metal could stabilize after bouncing off a key support level.
Spot gold fell 0.7 percent to $1,492.50 an ounce by 3:09 p.m. EDT (1908 GMT), having earlier risen as high as $1,516.40. U.S. gold futures for June delivery settled down $13.20 at $1,493.60, after trading in a range from $1,482 to $1,516.40.
For a full report, double click on
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BASE METALS
LONDON - Copper finished firm on Friday, reacting to upbeat data from the United States and Europe that helped restore some market confidence and economic recovery optimism.
Still, it was an extremely volatile week for the industrial metal, with prices plumbing five-month lows, as investors moved back and forth between 'risk-on' and 'risk-off' trades due to lingering concerns about subdued Chinese demand patterns, a resurgent dollar, and the increasingly violent swings in markets like silver and crude oil.
London Metal Exchange (LME) copper for three-month delivery closed up $65 at $8,790 a tonne.
For a full report, double click on
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OIL
NEW YORK - Oil rose on Friday in late short-covering, ending the week higher after a volatile session whipsawed by European economic concerns and news Libyan leader Libyan leader Muammar Gaddafi may have been wounded.
Trade volumes slowed after a week of heavy activity that saw big swings of more than $11 a barrel between the highs and lows.
Brent crude rose 85 cents to settle at $113.83 a barrel after hitting as high as $114.92 earlier. U.S. crude traded up 68 cents to $99.65 a barrel.
For a full report, double click on
- - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Bonds AU 10 YR Bond 5.360 +0.010 US 10 YR Bond 3.169 -0.057 NZ 10 YR Bond 5.265 +0.000 US 30 YR Bond 4.309 -0.070
Currencies (Prev at 7pm NZST) AUD US$ 1.0565 1.0674 NZD US$ 0.7846 0.7950 EUR US$ 1.4082 1.4251 Yen US$ 80.80 80.55
Commodities Gold (Lon) 1505.75 Silver (Lon) 36.200 Gold (NY) 1494.25 Light Crude 99.65
Overnight market action to New York close on Friday.
EQUITIES
NEW YORK - U.S. stocks ended a second week of losses on a down note Friday, reflecting growing worries that stocks are on the precipice of a pullback.
Concern about slowed growth worldwide, the coming end of a supportive Federal Reserve policy and the fear of a worsening euro-zone debt crisis are undermining the stock market's ability to maintain an upward direction.
The Dow Jones industrial average ended down 100.17 points, or 0.79 percent, at 12,595.75. The Standard & Poor's 500 Index finished down 10.88 points, or 0.81 percent, at 1,337.77. The Nasdaq Composite Index fell 34.57 points, or 1.21 percent, at 2,828.47.
For a full report, double click on
- - - -
LONDON - Britain's top share index closed lower on Friday after a slight recovery in battered metal prices failed to restore confidence in the sustainability of the global economic recovery.
The FTSE 100 fell 0.3 percent to close at 5,925.87, down for six of the last eight sessions. It is down 2.4 percent in May.
For a full report, double click on
- - - -
SYDNEY - Australian stocks are poised to open lower on Monday on worries about global growth and the impact of the strong Aussie dollar on corporate earnings following profit warnings last week.
Stock index futures fell 0.7 percent to 4,678.0, a 33.4-point discount to the underlying S&P/ASX 200 index. The benchmark closed up 0.3 percent last Friday but was down 0.7 percent for the week.
- - - -
TOKYO - Tokyo stocks fell to a two-week low in heavy volume on Friday as bank shares tumbled after the government's top spokesman sparked concerns that banks are likely to be asked to ease troubled Tokyo Electric Power Co's loan burden.
Shares in utilities also took a hit, after Japan's government approved a plan to help Tepco compensate victims of the crisis at its tsunami-crippled nuclear plant and said other utilities will be asked to pay annual premiums to help fund compensation.
The benchmark Nikkei average closed down 0.7 percent at 9,648.77, while the broader Topix fell 1.1 percent to 839.94.
For a full report, double click on
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar rose to a five-week high against major currencies on Friday as renewed worries about possible euro zone sovereign debt restructuring continued to drive a broad pullback from risky trades in commodities, stocks, and high-yielding currencies.
The euro fell against most currencies, dropping to a six-week lows against the dollar and the yen on renewed concerns Greece may restructure its debt.
European Central bank President Jean-Claude Trichet also contributed to the euro fall as he dampened expectations about a interest rate rises in the euro zone by saying that inflation was at it's peak.
In late trading, the ICE Futures' dollar index rose as high as 75.949, the highest since April 5, before closing at 75.811, up 0.8 percent.
The euro closed down about 1.0 percent at $1.4097, after hitting a session low at $1.40650 on trading platform EBS. Over the last two weeks, the euro has declined 7.3 percent, its weakest showing since mid-May last year.
For a full report, double click on
- - - -
TREASURIES
NEW YORK - U.S. Treasuries prices rose on Friday, helped by stock losses, Fed purchases of Treasuries, and relief U.S. inflation data did not come in above forecast.
Gains in the overall Consumer Price Index abated a bit in April, possibly giving the Federal Reserve a longer lease on its accommodative monetary policy.
Investors' preference for safety helped push benchmark U.S. 10-year Treasury notes up 12/32 in price, with yields easing to 3.18 percent from 3.23 percent on Thursday.
Benchmark yields remain not far above the five-month low of 3.13 percent reached last week.
For a full report, double click on
- - - -
COMMODITIES
GOLD
NEW YORK - Gold fell on Friday, sharply reversing early gains, as a dollar surge against the euro and renewed uncertainty about euro zone debt prompted investors to sell ahead of the weekend.
Silver continued to recover from last week's 25 percent correction, and technical charts suggested the metal could stabilize after bouncing off a key support level.
Spot gold fell 0.7 percent to $1,492.50 an ounce by 3:09 p.m. EDT (1908 GMT), having earlier risen as high as $1,516.40. U.S. gold futures for June delivery settled down $13.20 at $1,493.60, after trading in a range from $1,482 to $1,516.40.
For a full report, double click on
- - - -
BASE METALS
LONDON - Copper finished firm on Friday, reacting to upbeat data from the United States and Europe that helped restore some market confidence and economic recovery optimism.
Still, it was an extremely volatile week for the industrial metal, with prices plumbing five-month lows, as investors moved back and forth between 'risk-on' and 'risk-off' trades due to lingering concerns about subdued Chinese demand patterns, a resurgent dollar, and the increasingly violent swings in markets like silver and crude oil.
London Metal Exchange (LME) copper for three-month delivery closed up $65 at $8,790 a tonne.
For a full report, double click on
- - - -
OIL
NEW YORK - Oil rose on Friday in late short-covering, ending the week higher after a volatile session whipsawed by European economic concerns and news Libyan leader Libyan leader Muammar Gaddafi may have been wounded.
Trade volumes slowed after a week of heavy activity that saw big swings of more than $11 a barrel between the highs and lows.
Brent crude rose 85 cents to settle at $113.83 a barrel after hitting as high as $114.92 earlier. U.S. crude traded up 68 cents to $99.65 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 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.