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Recent events
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Corporate Actions
Asia Morning Call-Global Markets
July 14 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,580.10 | -9.10 | NZX 50 | 12,686.68 | -73.52 |
DJIA | 44,371.51 | -279.13 | NIKKEI | 39,569.68 | -76.68 |
Nasdaq | 20,585.53 | -45.14 | FTSE | 8,941.12 | -34.54 |
S&P 500 | 6,259.75 | -20.71 | Hang Seng | 24,139.57 | 111.20 |
SPI 200 Fut | 8,548.00 | -13 | STI | 4,087.81 | 12.11 |
SSEC | 3,510.18 | 0.50 | KOSPI | 3,175.77 | -7.46 |
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Bonds | Bonds | ||||
JP 10 YR Bond | 1.5280 | 0.0290 | KR 10 YR Bond | 2.83 | -0.316 |
AU 10 YR Bond | 4.3620 | 0.0270 | US 10 YR Bond | 4.4173 | 0 |
NZ 10 YR Bond | 4.5530 | 0.0000 | US 30 YR Bond | 4.9553 | 0 |
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Currencies | |||||
SGD US$ | 1.2799 | 0 | KRW US$ | 1,378.950 | 7.58 |
AUD US$ | 0.6573 | -0.0005 | NZD US$ | 0.6012 | 0.0003 |
EUR US$ | 1.1652 | -0.0037 | Yen US$ | 147.4000 | 1.15 |
THB US$ | 32.3900 | -0.21 | PHP US$ | 56.4980 | 0.019 |
IDR US$ | 16,205 | -10 | INR US$ | 85.8000 | 0.079 |
MYR US$ | 4.2500 | 0.005 | TWD US$ | 29.2050 | -0.035 |
CNY US$ | 7.1702 | -0.0078 | HKD US$ | 7.8498 | 0.0001 |
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Commodities | Net Chng | Net Chng | |||
Spot Gold | 3,355.4839 | 32.7915 | Silver (Lon) | 38.3653 | 1.3353 |
U.S. Gold Fut | 3,371.2 | 53.76 | Brent Crude | 70.36 | 1.53 |
Iron Ore | CNY764 | 0.5 | TRJCRB Index | - | - |
TOCOM Rubber | JPY316.8 | -0.5 | LME Copper | 9663 | -37.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1915 GMT
EQUITIES
GLOBAL - Major stock indexes were slightly lower on Friday as U.S. President Donald Trump's announcement of tariffs on imports from Canada fanned worries about trade tensions, with the Canadian dollar down against the greenback.
MSCI's gauge of stocks across the globe .MIWD00000PUS fell 3.85 points, or 0.42%, to 922.37.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street ended lower on Friday, with Meta Platforms META.O weighing on the S&P 500 after President Donald Trump intensified his tariff offensive against Canada, amplifying the uncertainty swirling around U.S. trade policy.
The S&P 500 .SPX declined 0.33% to end the session at 6,259.75 points. The Nasdaq .IXIC declined 0.22% to 20,585.53 points, while the Dow Jones Industrial Average .DJI fell 0.63% to 44,371.51 points.
For a full report, click on .N
- - - -
LONDON - European shares closed lower on Friday, as losses in banks and healthcare stocks weighed at the end of a week marred by U.S. President Donald Trump's tariff announcements, with the European Union also awaiting a letter on levies from Trump.
The pan-European STOXX 600 index .STOXX closed 1% lower.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average surrendered early gains to close lower on Friday as sharp declines in Fast Retailing led technology stocks to erase their gains.
The Nikkei slipped 0.19% to 39,569.68 after rising as much as 0.8% earlier in the session. The index fell 0.6% this week.
For a full report, click on .T
- - - -
SHANGHAI - China stocks gave up most of their gains and closed flat on Friday, weighed down by a drop in bank shares, while Hong Kong shares held on to gains after a Goldman upgrade.
At market close, the Shanghai Composite index .SSEC was barely changed to hold at 3,510.18 after touching a 9-month high in the morning session. The blue-chip CSI300 index .CSI300 was also flat with 0.1% gain.
For a full report, click on .SS
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AUSTRALIA - Australian shares are set to resume trading on Monday, with investors remaining on edge over the future of global trade as they weigh whether U.S. President Donald Trump's August 1 tariff deadline will stand.
The benchmark S&P/ASX 200 index .AXJO ended 0.1% lower on Friday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares erased early gains to close lower on Friday, but still ended the week on a positive note as investors weighed prospects of trade talks with the United States and further market reforms under the new administration.
The benchmark KOSPI .KS11 closed down 7.46 points, or 0.23%, at 3,175.77.
For a full report, click on KRW/
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FOREIGN EXCHANGE
NEW YORK - The U.S. dollar rose against major currencies including the yen and euro as President Donald Trump rekindled trade tensions with new tariffs on Canada and other trading partners.
The U.S. dollar was up 0.79% to 147.4 against the Japanese yen JPY=EBS, on track to add nearly 2% for the week - the biggest weekly gain since early December.
For a full report, click on USD/
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CHINA - China's yuan inched higher against the dollar on Friday, as the central bank set a much stronger guidance fix, in what investors interpreted as an official sign to keep the currency stable following U.S. President Donald Trump's new wave of tariffs.
The onshore yuan CNY=CFXS rose to a high of 7.1674 per dollar, the strongest level since July 7, before changing hands at 7.1686 as of 0348 GMT.
For a full report, click on CNY/
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AUSTRALIA - The Australian dollar eased from eight-month highs on Friday after U.S. President Donald Trump fired another round in his global trade war, slugging equities and souring risk sentiment.
Australia is heavily reliant on free trade for its commodity exports and the Aussie faded 0.1% on the news to $0.6583 AUD=D3, and off a new peak of $0.6595. Support lies around $0.6540 and $0.6485.
For a full report, click on AUD/
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SEOUL - South Korean won weakened against the dollar on Friday.
The won was quoted at 1,375.4 per dollar on the onshore settlement platform KRW=KFTC, 0.11% lower than its previous close at 1,373.9.
For a full report, click on KRW/
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TREASURIES
NEW YORK - U.S. Treasury yields rose on Friday as investors focused on next week’s consumer price inflation report that may show that price growth accelerated in June, with the Federal Reserve expected to keep interest rates on hold as it waits to see the impact of tariffs on price pressures.
The yield on benchmark U.S. 10-year notes US10YT=RR was last up 7.7 basis points on the day at 4.423%.
For a full report, click on US/
- - - -
LONDON - Euro zone yields edged up on Friday, as traders awaited U.S. President Donald Trump's tariff decision for the European Union, after his surprise move to hit major trading partner Canada with a 35% duty.
German two-year yields DE2YT=RR were up 1.5 basis points to 1.906%, while those on the benchmark 10-year Bund DE10YT=RR were up 2.6 bps to 2.69%.
For a full report, click on GVD/EUR
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TOKYO - Japan's super-long government bonds rose on Friday, as investors bought them back after a heavy sell-off this week, with a firm outcome of the Bank of Japan's bond buying operations supporting sentiment.
The 10-year JGB yield JP10YTN=JBTC rose 1 bp to 1.5%
For a full report, click on JP/
COMMODITIES
GOLD
Gold prices rose more than 1% on Friday as investors sought safe-haven assets following U.S. President Donald Trump's announcement of new tariffs, while silver reached its highest level in over 13 years.
Spot gold XAU= gained 1% to $3,356.93 per ounce by 2:43 p.m. EDT (1843 GMT)
For a full report, click on GOL/
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IRON ORE
Iron ore futures rose on Friday and were headed for a third weekly gains, underpinned by renewed hopes that top consumer China's crackdown on a price war will pave the way for another round of reforms to curb steel overcapacity.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 1.8% higher at 764 yuan ($106.56) a metric ton.
For a full report, click on IRONORE/
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BASE METALS
Copper prices slipped on Friday as investors anticipated the 50% tariff on the metal due to be imposed on U.S. imports is likely to erode demand, and as speculators unwound positions.
Three-month copper on the London Metal Exchange CMCU3 was 0.4% weaker at $9,664 per metric ton by 1600 GMT, down from the three-month peak of $10,020.50 touched on July 2.
For a full report, click on MET/L
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OIL
Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S. tariffs and possible further sanctions on Russia were also in focus.
Brent crude futures LCOc1 settled up $1.72, or 2.5%, at $70.36 a barrel.
For a full report, click on O/R
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PALM OIL
Malaysian palm oil futures rose on Friday and logged its second weekly gain despite higher June stocks, as stronger rival edible oils and a weaker ringgit underpinned the market.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange gained 29 ringgit, or 0.7%, to 4,175 ringgit ($982.35) a metric ton at closing. The contract rose 2.78% for the week.
For a full report, click on POI/
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RUBBER
Japanese rubber futures closed higher on Friday and posted their fourth consecutive weekly gain, as extreme weather in key producers Thailand and Indonesia stoked supply concerns.
The Osaka Exchange (OSE) rubber contract for December delivery JRUc6, 0#2JRU: was up 2.5 yen, or 0.79%, at 317.3 yen ($2.16) per kg.
For a full report, click on RUB/T
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(Bengaluru Bureau; +91 80 6749 1130)
July 14 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,580.10 | -9.10 | NZX 50 | 12,686.68 | -73.52 |
DJIA | 44,371.51 | -279.13 | NIKKEI | 39,569.68 | -76.68 |
Nasdaq | 20,585.53 | -45.14 | FTSE | 8,941.12 | -34.54 |
S&P 500 | 6,259.75 | -20.71 | Hang Seng | 24,139.57 | 111.20 |
SPI 200 Fut | 8,548.00 | -13 | STI | 4,087.81 | 12.11 |
SSEC | 3,510.18 | 0.50 | KOSPI | 3,175.77 | -7.46 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.5280 | 0.0290 | KR 10 YR Bond | 2.83 | -0.316 |
AU 10 YR Bond | 4.3620 | 0.0270 | US 10 YR Bond | 4.4173 | 0 |
NZ 10 YR Bond | 4.5530 | 0.0000 | US 30 YR Bond | 4.9553 | 0 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2799 | 0 | KRW US$ | 1,378.950 | 7.58 |
AUD US$ | 0.6573 | -0.0005 | NZD US$ | 0.6012 | 0.0003 |
EUR US$ | 1.1652 | -0.0037 | Yen US$ | 147.4000 | 1.15 |
THB US$ | 32.3900 | -0.21 | PHP US$ | 56.4980 | 0.019 |
IDR US$ | 16,205 | -10 | INR US$ | 85.8000 | 0.079 |
MYR US$ | 4.2500 | 0.005 | TWD US$ | 29.2050 | -0.035 |
CNY US$ | 7.1702 | -0.0078 | HKD US$ | 7.8498 | 0.0001 |
----------------------------------------------------------------------------------------
Commodities | Net Chng | Net Chng | |||
Spot Gold | 3,355.4839 | 32.7915 | Silver (Lon) | 38.3653 | 1.3353 |
U.S. Gold Fut | 3,371.2 | 53.76 | Brent Crude | 70.36 | 1.53 |
Iron Ore | CNY764 | 0.5 | TRJCRB Index | - | - |
TOCOM Rubber | JPY316.8 | -0.5 | LME Copper | 9663 | -37.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1915 GMT
EQUITIES
GLOBAL - Major stock indexes were slightly lower on Friday as U.S. President Donald Trump's announcement of tariffs on imports from Canada fanned worries about trade tensions, with the Canadian dollar down against the greenback.
MSCI's gauge of stocks across the globe .MIWD00000PUS fell 3.85 points, or 0.42%, to 922.37.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street ended lower on Friday, with Meta Platforms META.O weighing on the S&P 500 after President Donald Trump intensified his tariff offensive against Canada, amplifying the uncertainty swirling around U.S. trade policy.
The S&P 500 .SPX declined 0.33% to end the session at 6,259.75 points. The Nasdaq .IXIC declined 0.22% to 20,585.53 points, while the Dow Jones Industrial Average .DJI fell 0.63% to 44,371.51 points.
For a full report, click on .N
- - - -
LONDON - European shares closed lower on Friday, as losses in banks and healthcare stocks weighed at the end of a week marred by U.S. President Donald Trump's tariff announcements, with the European Union also awaiting a letter on levies from Trump.
The pan-European STOXX 600 index .STOXX closed 1% lower.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average surrendered early gains to close lower on Friday as sharp declines in Fast Retailing led technology stocks to erase their gains.
The Nikkei slipped 0.19% to 39,569.68 after rising as much as 0.8% earlier in the session. The index fell 0.6% this week.
For a full report, click on .T
- - - -
SHANGHAI - China stocks gave up most of their gains and closed flat on Friday, weighed down by a drop in bank shares, while Hong Kong shares held on to gains after a Goldman upgrade.
At market close, the Shanghai Composite index .SSEC was barely changed to hold at 3,510.18 after touching a 9-month high in the morning session. The blue-chip CSI300 index .CSI300 was also flat with 0.1% gain.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares are set to resume trading on Monday, with investors remaining on edge over the future of global trade as they weigh whether U.S. President Donald Trump's August 1 tariff deadline will stand.
The benchmark S&P/ASX 200 index .AXJO ended 0.1% lower on Friday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares erased early gains to close lower on Friday, but still ended the week on a positive note as investors weighed prospects of trade talks with the United States and further market reforms under the new administration.
The benchmark KOSPI .KS11 closed down 7.46 points, or 0.23%, at 3,175.77.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar rose against major currencies including the yen and euro as President Donald Trump rekindled trade tensions with new tariffs on Canada and other trading partners.
The U.S. dollar was up 0.79% to 147.4 against the Japanese yen JPY=EBS, on track to add nearly 2% for the week - the biggest weekly gain since early December.
For a full report, click on USD/
- - - -
CHINA - China's yuan inched higher against the dollar on Friday, as the central bank set a much stronger guidance fix, in what investors interpreted as an official sign to keep the currency stable following U.S. President Donald Trump's new wave of tariffs.
The onshore yuan CNY=CFXS rose to a high of 7.1674 per dollar, the strongest level since July 7, before changing hands at 7.1686 as of 0348 GMT.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian dollar eased from eight-month highs on Friday after U.S. President Donald Trump fired another round in his global trade war, slugging equities and souring risk sentiment.
Australia is heavily reliant on free trade for its commodity exports and the Aussie faded 0.1% on the news to $0.6583 AUD=D3, and off a new peak of $0.6595. Support lies around $0.6540 and $0.6485.
For a full report, click on AUD/
- - - -
SEOUL - South Korean won weakened against the dollar on Friday.
The won was quoted at 1,375.4 per dollar on the onshore settlement platform KRW=KFTC, 0.11% lower than its previous close at 1,373.9.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields rose on Friday as investors focused on next week’s consumer price inflation report that may show that price growth accelerated in June, with the Federal Reserve expected to keep interest rates on hold as it waits to see the impact of tariffs on price pressures.
The yield on benchmark U.S. 10-year notes US10YT=RR was last up 7.7 basis points on the day at 4.423%.
For a full report, click on US/
- - - -
LONDON - Euro zone yields edged up on Friday, as traders awaited U.S. President Donald Trump's tariff decision for the European Union, after his surprise move to hit major trading partner Canada with a 35% duty.
German two-year yields DE2YT=RR were up 1.5 basis points to 1.906%, while those on the benchmark 10-year Bund DE10YT=RR were up 2.6 bps to 2.69%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japan's super-long government bonds rose on Friday, as investors bought them back after a heavy sell-off this week, with a firm outcome of the Bank of Japan's bond buying operations supporting sentiment.
The 10-year JGB yield JP10YTN=JBTC rose 1 bp to 1.5%
For a full report, click on JP/
COMMODITIES
GOLD
Gold prices rose more than 1% on Friday as investors sought safe-haven assets following U.S. President Donald Trump's announcement of new tariffs, while silver reached its highest level in over 13 years.
Spot gold XAU= gained 1% to $3,356.93 per ounce by 2:43 p.m. EDT (1843 GMT)
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures rose on Friday and were headed for a third weekly gains, underpinned by renewed hopes that top consumer China's crackdown on a price war will pave the way for another round of reforms to curb steel overcapacity.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 1.8% higher at 764 yuan ($106.56) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS
Copper prices slipped on Friday as investors anticipated the 50% tariff on the metal due to be imposed on U.S. imports is likely to erode demand, and as speculators unwound positions.
Three-month copper on the London Metal Exchange CMCU3 was 0.4% weaker at $9,664 per metric ton by 1600 GMT, down from the three-month peak of $10,020.50 touched on July 2.
For a full report, click on MET/L
- - - -
OIL
Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S. tariffs and possible further sanctions on Russia were also in focus.
Brent crude futures LCOc1 settled up $1.72, or 2.5%, at $70.36 a barrel.
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures rose on Friday and logged its second weekly gain despite higher June stocks, as stronger rival edible oils and a weaker ringgit underpinned the market.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange gained 29 ringgit, or 0.7%, to 4,175 ringgit ($982.35) a metric ton at closing. The contract rose 2.78% for the week.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures closed higher on Friday and posted their fourth consecutive weekly gain, as extreme weather in key producers Thailand and Indonesia stoked supply concerns.
The Osaka Exchange (OSE) rubber contract for December delivery JRUc6, 0#2JRU: was up 2.5 yen, or 0.79%, at 317.3 yen ($2.16) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
July 8 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,589.30 | -13.70 | NZX 50 | 12,764.95 | -1.65 |
DJIA | 44,337.59 | -490.83 | NIKKEI | 39,587.68 | -223.2 |
Nasdaq | 20,398.69 | -202.41 | FTSE | 8,806.53 | -16.38 |
S&P 500 | 6,224.27 | -55.08 | Hang Seng | 23,887.83 | -28.23 |
SPI 200 Fut | 8,550.00 | -23 | STI | 4,031.86 | 18.24 |
SSEC | 3,473.13 | 0.81 | KOSPI | 3,059.47 | 5.19 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.4630 | 0.0090 | KR 10 YR Bond | 2.84 | 0.013 |
AU 10 YR Bond | 4.2370 | 0.0430 | US 10 YR Bond | 4.3893 | 0.049 |
NZ 10 YR Bond | 4.5530 | 0.0050 | US 30 YR Bond | 4.9275 | 0.071 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2794 | 0.0059 | KRW US$ | 1,373.830 | 11.52 |
AUD US$ | 0.6500 | -0.00535 | NZD US$ | 0.6001 | -0.006 |
EUR US$ | 1.1714 | -0.0064 | Yen US$ | 146.0400 | 1.49 |
THB US$ | 32.5700 | 0.27 | PHP US$ | 56.5690 | 0.152 |
IDR US$ | 16,225 | 45 | INR US$ | 85.7500 | 0.281 |
MYR US$ | 4.2300 | 0.012 | TWD US$ | 29.0480 | 0.117 |
CNY US$ | 7.1750 | 0.0097 | HKD US$ | 7.8498 | 0.0002 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,329.32 | -5.4851 | Silver (Lon) | 36.66 | -0.25 |
U.S. Gold Fut | 3,339.3 | -3.6 | Brent Crude | 69.20 | 0.9 |
Iron Ore | CNY731 | -1.5 | TRJCRB Index | - | - |
TOCOM Rubber | JPY309.5 | 0.2 | LME Copper | 9784 | -80.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1807 GMT
EQUITIES
GLOBAL - Major stock indexes eased while the dollar strengthened against major currencies on Monday as investors awaited the next announcements in the White House's trade negotiations.
MSCI's gauge of stocks across the globe .MIWD00000PUS fell 3.84 points, or 0.41%, to 921.89.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street kicked off the week on a dour note, with fresh tariff uncertainty rattling investors, while Tesla shares dropped after CEO Elon Musk announced his political party ambitions.
While the Nasdaq .IXIC in April tumbled into bear market territory on tariff fears, both the index and the S&P 500 .SPX had just closed at record highs on Thursday after a robust jobs report. The Dow .DJI was about 1% away from an all-time high.
For a full report, click on .N
- - - -
LONDON - European shares ended higher on Monday, driven by gains in technology and bank stocks at the start of a week where investors are on the lookout for any trade-related headlines in the countdown to U.S. President Donald Trump's tariff deadline.
The pan-European STOXX 600 index .STOXX ended 0.4% higher, gaining some ground after clocking a weekly loss on Friday.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average ended lower on Monday as cautious investors assessed the details of U.S. President Donald Trump's tariffs and their impact on corporate outlook.
The Nikkei .N225 fell 0.56% to close at 39,587.68, after opening marginally lower.
For a full report, click on .T
- - - -
SHANGHAI - China and Hong Kong stocks edged lower on Monday as anxiety over U.S. trade policy intensified ahead of the July 9 tariff deadline, with upcoming inflation data expected to further test investor nerves.
At market close, China's blue-chip CSI300 Index .CSI300 slipped 0.4%, while the Shanghai Composite Index .SSEC barely changed.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares started the week slightly lower on Monday, led by losses in mining and banking stocks, as investors exercised caution ahead of the central bank's rate decision meeting and the U.S. tariff deadline.
The S&P/ASX 200 benchmark index .AXJO closed 0.2% lower at 8,589.30 points. The benchmark gained 1% last week.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended little changed on Monday, as investors remained cautious ahead of the deadline on a 90-day U.S. tariff pause.
The benchmark KOSPI .KS11 closed up 5.19 points, or 0.17%, at 3,059.47.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar firmed against other major currencies on Monday, after remarks from U.S. officials offered little clarity on the outlook for tariffs, days ahead of a crucial deadline.
The dollar index =USD, which measures the currency against six major counterparts, rose 0.34% to 97.294 and briefly hit a one-week high.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan eased against the greenback on Monday as investors turned cautious ahead of U.S. President Donald Trump's Wednesday deadline for agreeing deals on trade tariffs, seeking cues on the currency's near-term direction.
The spot yuan CNY=CFXS opened at 7.1641 per dollar and was last trading at 7.1715 as of 0312 GMT, 62 pips lower than Friday's late session close and 0.29% weaker than the official yuan midpoint.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars started a big central bank week on the back foot as investors braced for U.S. trade uncertainty that could linger for weeks now that there appears to be a delay in the tariff implementation date.
The Aussie AUD=D3 fell 0.5% on Monday to $0.6522, the lowest level in a week.
For a full report, click on AUD/
- - - -
SEOUL - South Korean won weakened against the dollar on Monday.
The won was quoted at 1,367.8 per dollar on the onshore settlement platform KRW=KFTC, 0.39% lower than its previous close at 1,362.5.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Longer-dated U.S. Treasury yields edged higher on Monday as investors focused on the Trump administration’s trade negotiations and ahead of the U.S. Treasury Department's sale of $119 billion in coupon-bearing supply this week.
The yield on benchmark U.S. 10-year notes US10YT=RR was last up 3.1 basis points on the day at 4.372%.
For a full report, click on US/
- - - -
LONDON - Euro zone bond yields rose on Monday as markets focused on developments around U.S. tariffs, with officials flagging a delay to a July 9 deadline, although specifics on the changes remained murky.
Germany's benchmark 10-year Bund yield DE10YT=RR rose 3.5 basis points (bps) to 2.601%, largely in line with moves in 10-year U.S. Treasuries US10YT=RR.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japan's yield curve steepened on Monday amid a sell-off of super-long maturity bonds as concerns about the nation's fiscal health resurfaced ahead of upper house elections this month.
On the day, the 10-year JGB yield JP10YTN=JBTC rose 2 bps to 1.455%.
For a full report, click on JP/
COMMODITIES
GOLD
Gold prices retreated to a one-week low on Monday as the dollar firmed and traders digested U.S. President Donald Trump's extension of his July 9 tariff deadline to August 1 and assertion that the U.S. is close to several trade deals.
Spot gold XAU= was down 0.5% at $3,317.87 an ounce at 1119 a.m. EDT (1519 GMT) after hitting its lowest since June 30 at $3,296.09.
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures slid on Monday as renewed concerns over demand weighed on the market, pressured by output restrictions in top consumer China's major steel production hub of Tangshan and lingering uncertainty over U.S. trade tariffs.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trading 0.68% lower at 731 yuan ($101.92) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS
Prices for copper and other base metals fell on Monday as President Donald Trump said the United States was close to finalising several trade pacts in the coming days.
The three-month copper contract CMCU3 on the London Metal Exchange (LME) eased 0.3% to $9,835.50 per metric ton by 1607 GMT.
For a full report, click on MET/L
- - - -
OIL
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, as well as concern about the potential impact of U.S. tariffs.
Brent crude futures LCOc1 rose 91 cents, or 1.3%, to $69.20 by 12:20 p.m. ET (1620 GMT).
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures ended higher on Monday as a stronger crude oil lent support after tracking down rival edible oils earlier in the session.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange gained 8 ringgit, or 0.2%, to 4,070 ringgit ($962.17) a metric ton at closing.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures slipped on Monday, as concerns over weakening demand and ongoing uncertainty surrounding U.S. tariffs weighed on market sentiment.
The Osaka Exchange (OSE) rubber contract for December delivery JRUc6, 0#2JRU: ended daytime trade down 2.8 yen, or 0.9%, at 309.3 yen ($2.13) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
July 8 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,589.30 | -13.70 | NZX 50 | 12,764.95 | -1.65 |
DJIA | 44,337.59 | -490.83 | NIKKEI | 39,587.68 | -223.2 |
Nasdaq | 20,398.69 | -202.41 | FTSE | 8,806.53 | -16.38 |
S&P 500 | 6,224.27 | -55.08 | Hang Seng | 23,887.83 | -28.23 |
SPI 200 Fut | 8,550.00 | -23 | STI | 4,031.86 | 18.24 |
SSEC | 3,473.13 | 0.81 | KOSPI | 3,059.47 | 5.19 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.4630 | 0.0090 | KR 10 YR Bond | 2.84 | 0.013 |
AU 10 YR Bond | 4.2370 | 0.0430 | US 10 YR Bond | 4.3893 | 0.049 |
NZ 10 YR Bond | 4.5530 | 0.0050 | US 30 YR Bond | 4.9275 | 0.071 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2794 | 0.0059 | KRW US$ | 1,373.830 | 11.52 |
AUD US$ | 0.6500 | -0.00535 | NZD US$ | 0.6001 | -0.006 |
EUR US$ | 1.1714 | -0.0064 | Yen US$ | 146.0400 | 1.49 |
THB US$ | 32.5700 | 0.27 | PHP US$ | 56.5690 | 0.152 |
IDR US$ | 16,225 | 45 | INR US$ | 85.7500 | 0.281 |
MYR US$ | 4.2300 | 0.012 | TWD US$ | 29.0480 | 0.117 |
CNY US$ | 7.1750 | 0.0097 | HKD US$ | 7.8498 | 0.0002 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,329.32 | -5.4851 | Silver (Lon) | 36.66 | -0.25 |
U.S. Gold Fut | 3,339.3 | -3.6 | Brent Crude | 69.20 | 0.9 |
Iron Ore | CNY731 | -1.5 | TRJCRB Index | - | - |
TOCOM Rubber | JPY309.5 | 0.2 | LME Copper | 9784 | -80.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1807 GMT
EQUITIES
GLOBAL - Major stock indexes eased while the dollar strengthened against major currencies on Monday as investors awaited the next announcements in the White House's trade negotiations.
MSCI's gauge of stocks across the globe .MIWD00000PUS fell 3.84 points, or 0.41%, to 921.89.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street kicked off the week on a dour note, with fresh tariff uncertainty rattling investors, while Tesla shares dropped after CEO Elon Musk announced his political party ambitions.
While the Nasdaq .IXIC in April tumbled into bear market territory on tariff fears, both the index and the S&P 500 .SPX had just closed at record highs on Thursday after a robust jobs report. The Dow .DJI was about 1% away from an all-time high.
For a full report, click on .N
- - - -
LONDON - European shares ended higher on Monday, driven by gains in technology and bank stocks at the start of a week where investors are on the lookout for any trade-related headlines in the countdown to U.S. President Donald Trump's tariff deadline.
The pan-European STOXX 600 index .STOXX ended 0.4% higher, gaining some ground after clocking a weekly loss on Friday.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average ended lower on Monday as cautious investors assessed the details of U.S. President Donald Trump's tariffs and their impact on corporate outlook.
The Nikkei .N225 fell 0.56% to close at 39,587.68, after opening marginally lower.
For a full report, click on .T
- - - -
SHANGHAI - China and Hong Kong stocks edged lower on Monday as anxiety over U.S. trade policy intensified ahead of the July 9 tariff deadline, with upcoming inflation data expected to further test investor nerves.
At market close, China's blue-chip CSI300 Index .CSI300 slipped 0.4%, while the Shanghai Composite Index .SSEC barely changed.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares started the week slightly lower on Monday, led by losses in mining and banking stocks, as investors exercised caution ahead of the central bank's rate decision meeting and the U.S. tariff deadline.
The S&P/ASX 200 benchmark index .AXJO closed 0.2% lower at 8,589.30 points. The benchmark gained 1% last week.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended little changed on Monday, as investors remained cautious ahead of the deadline on a 90-day U.S. tariff pause.
The benchmark KOSPI .KS11 closed up 5.19 points, or 0.17%, at 3,059.47.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar firmed against other major currencies on Monday, after remarks from U.S. officials offered little clarity on the outlook for tariffs, days ahead of a crucial deadline.
The dollar index =USD, which measures the currency against six major counterparts, rose 0.34% to 97.294 and briefly hit a one-week high.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan eased against the greenback on Monday as investors turned cautious ahead of U.S. President Donald Trump's Wednesday deadline for agreeing deals on trade tariffs, seeking cues on the currency's near-term direction.
The spot yuan CNY=CFXS opened at 7.1641 per dollar and was last trading at 7.1715 as of 0312 GMT, 62 pips lower than Friday's late session close and 0.29% weaker than the official yuan midpoint.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars started a big central bank week on the back foot as investors braced for U.S. trade uncertainty that could linger for weeks now that there appears to be a delay in the tariff implementation date.
The Aussie AUD=D3 fell 0.5% on Monday to $0.6522, the lowest level in a week.
For a full report, click on AUD/
- - - -
SEOUL - South Korean won weakened against the dollar on Monday.
The won was quoted at 1,367.8 per dollar on the onshore settlement platform KRW=KFTC, 0.39% lower than its previous close at 1,362.5.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Longer-dated U.S. Treasury yields edged higher on Monday as investors focused on the Trump administration’s trade negotiations and ahead of the U.S. Treasury Department's sale of $119 billion in coupon-bearing supply this week.
The yield on benchmark U.S. 10-year notes US10YT=RR was last up 3.1 basis points on the day at 4.372%.
For a full report, click on US/
- - - -
LONDON - Euro zone bond yields rose on Monday as markets focused on developments around U.S. tariffs, with officials flagging a delay to a July 9 deadline, although specifics on the changes remained murky.
Germany's benchmark 10-year Bund yield DE10YT=RR rose 3.5 basis points (bps) to 2.601%, largely in line with moves in 10-year U.S. Treasuries US10YT=RR.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japan's yield curve steepened on Monday amid a sell-off of super-long maturity bonds as concerns about the nation's fiscal health resurfaced ahead of upper house elections this month.
On the day, the 10-year JGB yield JP10YTN=JBTC rose 2 bps to 1.455%.
For a full report, click on JP/
COMMODITIES
GOLD
Gold prices retreated to a one-week low on Monday as the dollar firmed and traders digested U.S. President Donald Trump's extension of his July 9 tariff deadline to August 1 and assertion that the U.S. is close to several trade deals.
Spot gold XAU= was down 0.5% at $3,317.87 an ounce at 1119 a.m. EDT (1519 GMT) after hitting its lowest since June 30 at $3,296.09.
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures slid on Monday as renewed concerns over demand weighed on the market, pressured by output restrictions in top consumer China's major steel production hub of Tangshan and lingering uncertainty over U.S. trade tariffs.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trading 0.68% lower at 731 yuan ($101.92) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS
Prices for copper and other base metals fell on Monday as President Donald Trump said the United States was close to finalising several trade pacts in the coming days.
The three-month copper contract CMCU3 on the London Metal Exchange (LME) eased 0.3% to $9,835.50 per metric ton by 1607 GMT.
For a full report, click on MET/L
- - - -
OIL
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, as well as concern about the potential impact of U.S. tariffs.
Brent crude futures LCOc1 rose 91 cents, or 1.3%, to $69.20 by 12:20 p.m. ET (1620 GMT).
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures ended higher on Monday as a stronger crude oil lent support after tracking down rival edible oils earlier in the session.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange gained 8 ringgit, or 0.2%, to 4,070 ringgit ($962.17) a metric ton at closing.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures slipped on Monday, as concerns over weakening demand and ongoing uncertainty surrounding U.S. tariffs weighed on market sentiment.
The Osaka Exchange (OSE) rubber contract for December delivery JRUc6, 0#2JRU: ended daytime trade down 2.8 yen, or 0.9%, at 309.3 yen ($2.13) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
July 2 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8,541.10 | -1.20 | NZX 50** | 12,734.53 | -376.21 |
DJIA** | 44,528.23 | 433.46 | NIKKEI** | 39,986.33 | -501.06 |
Nasdaq** | 20,198.25 | -173.09 | FTSE** | 8,785.33 | 24.37 |
S&P 500** | 6,199.09 | -3.40 | Hang Seng** | 24,072.28 | -211.87 |
SPI 200 Fut | 8559 | 19 | STI** | 3,989.76 | 25.47 |
SSEC** | 3,457.75 | 13.32 | KOSPI** | 3,089.65 | 17.95 |
----------------------------------------------------------------------------------------
Bonds | Net Chng | Bonds | Net Chng | ||
JP 10 YR Bond | 1.3900 | -0.0050 | KR 10 YR Bond | 2.787 | -0.01 |
AU 10 YR Bond | 4.1380 | 0.0200 | US 10 YR Bond | 4.2534 | 0.027 |
NZ 10 YR Bond | 4.5230 | 0.0080 | US 30 YR Bond | 4.7773 | 0.002 |
----------------------------------------------------------------------------------------
Currencies | Net Chng | Net Chng | |||
SGD US$ | 1.2732 | 0.0016 | KRW US$ | 1,357.740 | 5.29 |
AUD US$ | 0.6574 | -0.00085 | NZD US$ | 0.6090 | -0.0005 |
EUR US$ | 1.1782 | -0.0004 | Yen US$ | 143.7600 | -0.25 |
THB US$ | 32.4400 | 0 | PHP US$ | 56.2920 | 0.017 |
IDR US$ | 16,185 | -45 | INR US$ | 85.6200 | -0.07 |
MYR US$ | 4.1960 | -0.014 | TWD US$ | 29.1850 | -0.717 |
CNY US$ | 7.1650 | 0.0014 | HKD US$ | 7.8499 | 0.0001 |
----------------------------------------------------------------------------------------
Commodities | Net Chng | Net Chng | |||
Spot Gold | 3,337.09 | 43.54 | Silver (Lon) | 36.15 | 0.22 |
U.S. Gold Fut | 3350.5 | 42.8 | Brent Crude | 67.13 | 0.39 |
Iron Ore | 708.5 | -7 | TRJCRB Index | - | - |
TOCOM Rubber | 311.8 | 2.2 | LME Copper | 9,878 | 0 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1949 GMT
EQUITIES
GLOBAL - Global shares were little changed and U.S Treasury yields were higheron Tuesday, as investors weighed a host of U.S. economic data and comments from Federal Reserve Chair Jerome Powell to gauge the timing of any interest rate cuts.
MSCI's gauge of stocks across the globe .MIWD00000PUS ticked up 0.32 point, or 0.03%, to 918.21.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The S&P 500 turned higher on Tuesday afternoon after a weak start, as the Senate's passage of U.S. President Donald Trump's tax package had investors weighing the bill's stimulative effects against its multi-trillion dollar cost.
By 2:12 p.m. ET (1612 GMT), the Dow Jones Industrial Average .DJI rose 433.90 points, or 0.98%, to 44,528.67, the S&P 500 .SPX gained 1.03 points, or 0.02%, to 6,205.98 and the Nasdaq Composite .IXIC lost 111.57 points, or 0.55%, to 20,258.17.
For a full report, click on .N
- - - -
LONDON - European shares ended slightly lower on Tuesday, with industrials and banks the biggest drags as investors weighed uncertainty over U.S. trade deals with the July tariff deadline fast approaching and discussions on a U.S. tax bill.
The pan-European STOXX 600 index .STOXX closed 0.2% lower, coming off a more than 1% fall for the month of June.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average snapped a five-day winning streak to fall more than 1% on Tuesday, as investors sold stocks amid uncertainty over U.S.-Japan trade talks.
The Nikkei .N225 fell 1.24% to 39,986.33, slipping from the highest level since mid-July, which it reached in the previous session.
For a full report, click on .T
- - - -
SHANGHAI - China stocks closed higher on Tuesday, led by gains in financial and healthcare shares, after a private survey showed the country's factory activity expanded in June. Hong Kong markets were shut for a local holiday.
China's blue-chip CSI300 Index .CSI300 ended 0.2% higher.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares were likely to rise on Wednesday, potentially helped by gains in commodity stocks due to a rise in gold, oil and copper prices, while investors awaited local retail sales data due later in the day.
The local share price index futures YAPcm1 rose 0.2%, a 16.7-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark was largely unchanged on Tuesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended higher on Tuesday, tracking Wall Street's overnight rally, though gains were capped as investors assessed mixed domestic data.
The benchmark KOSPI .KS11 closed up 17.95 points, or 0.58%, at 3,089.65, after rising as much as 2% to the highest intraday level since September 2021.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar gained ground against major currencies including the euro and the Swiss franc on Tuesday after data showed a better-than-expected increase in labor market demand, indicating the Federal Reserve will likely take its time to cut interest rates.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.161% at 96.908 after being down 0.05% to 96.71.
For a full report, click on USD/
- - - -
CHINA - China's yuan advanced further on Tuesday after enjoying two consecutive months of gains, briefly renewing an eight-month high against a dollar dragged down by worries over U.S. President Donald Trump's spending bill.
The onshore yuan CNY=CFXS jumped to a high of 7.1538 per dollar, the strongest level since November 8, 2024, before changing hands at 7.1625 as of 0407 GMT.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars paused near multi-month peaks on Tuesday after clearing another set of chart barriers to set the seal on a strong quarter, with the U.S. currency still stuck in a broad downtrend.
The Aussie held at $0.6575 AUD=D3, having climbed 0.7% overnight to an eight-month top of $0.6584.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won was little changed against the dollar on Tuesday.
The won was quoted at 1,355.9 per dollar on the onshore settlement platform KRW=KFTC, 0.04% lower than its previous close at 1,355.3.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields advanced on Tuesday after data showed the labor market remained resilient with the rise in job openings for May, confirming the Federal Reserve's stance of being patient on cutting interest rates.
In late morning trading, U.S. 10-year yields rose 3.5 basis points (bps) to 4.261% US10YT=RR after earlier dropping to its lowest since early May.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields fell slightly on Tuesday but remained within their recent range as inflation in the bloc returned to the European Central Bank's target level.
Germany's 10-year bond yield DE10YT=RR, the benchmark for the euro area, was last down 2.4 basis points at 2.573%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds rose following strong demand at an auction for 10-year bonds, prompting investors to cover short positions.
The 10-year JGB yield JP10YTN=JBTC fell 4 basis points (bps) to 1.39% after the auction outcome was announced.
For a full report, click on JP/
COMMODITIES
GOLD
Gold climbed more than 1% on Tuesday as investors sought safe haven assets after U.S. President Donald Trump's "big, beautiful bill" passed in the Senate, ahead of the July 9 deadline for trade tariffs.
Spot gold XAU= rose 1% to $3,337.09 per ounce, as of 1:29 p.m. EDT (1729 GMT), its highest level since June 24.
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures declined on Tuesday, as disappointing factory data and persistent property sector woes in top consumer China dampened sentiment.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended 1.32% lower at 708.5 yuan ($98.92) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS
Copper prices hit three-month highs on Tuesday with growing optimism about demand for the metal, used in power and construction, in top consumer China after the country's stronger manufacturing data.
Benchmark copper CMCU3 on the London Metal Exchange (LME) was up 0.6% at $9,929 a metric ton by 1600 GMT.
For a full report, click on MET/L
- - - -
OIL
Oil prices edged higher on Tuesday as investors took stock of positive demand indicators, while also treading cautiously ahead of an OPEC+ meeting to decide the group's August output policy.
Brent crude LCOc1 was up 35 cents, or 0.5%, to $67.09 a barrel at 12:54 p.m. ET (1654 GMT).
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures closed lower for the second straight session on Tuesday, tracking soyoil weaknesses in the Dalian and Chicago markets and softer crude oil prices following a lack of fundamental triggers.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange lost 16 ringgit, or 0.4%, to 3,970 ringgit ($946.14) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures rose on Tuesday as excessive rain in top producer Thailand raised worries over supplies.
The Osaka Exchange (OSE) rubber contract for December delivery JRUc6, 0#2JRU: rose 2.2 yen, or 0.71%, to 311.8 yen ($2.18) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
July 2 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8,541.10 | -1.20 | NZX 50** | 12,734.53 | -376.21 |
DJIA** | 44,528.23 | 433.46 | NIKKEI** | 39,986.33 | -501.06 |
Nasdaq** | 20,198.25 | -173.09 | FTSE** | 8,785.33 | 24.37 |
S&P 500** | 6,199.09 | -3.40 | Hang Seng** | 24,072.28 | -211.87 |
SPI 200 Fut | 8559 | 19 | STI** | 3,989.76 | 25.47 |
SSEC** | 3,457.75 | 13.32 | KOSPI** | 3,089.65 | 17.95 |
----------------------------------------------------------------------------------------
Bonds | Net Chng | Bonds | Net Chng | ||
JP 10 YR Bond | 1.3900 | -0.0050 | KR 10 YR Bond | 2.787 | -0.01 |
AU 10 YR Bond | 4.1380 | 0.0200 | US 10 YR Bond | 4.2534 | 0.027 |
NZ 10 YR Bond | 4.5230 | 0.0080 | US 30 YR Bond | 4.7773 | 0.002 |
----------------------------------------------------------------------------------------
Currencies | Net Chng | Net Chng | |||
SGD US$ | 1.2732 | 0.0016 | KRW US$ | 1,357.740 | 5.29 |
AUD US$ | 0.6574 | -0.00085 | NZD US$ | 0.6090 | -0.0005 |
EUR US$ | 1.1782 | -0.0004 | Yen US$ | 143.7600 | -0.25 |
THB US$ | 32.4400 | 0 | PHP US$ | 56.2920 | 0.017 |
IDR US$ | 16,185 | -45 | INR US$ | 85.6200 | -0.07 |
MYR US$ | 4.1960 | -0.014 | TWD US$ | 29.1850 | -0.717 |
CNY US$ | 7.1650 | 0.0014 | HKD US$ | 7.8499 | 0.0001 |
----------------------------------------------------------------------------------------
Commodities | Net Chng | Net Chng | |||
Spot Gold | 3,337.09 | 43.54 | Silver (Lon) | 36.15 | 0.22 |
U.S. Gold Fut | 3350.5 | 42.8 | Brent Crude | 67.13 | 0.39 |
Iron Ore | 708.5 | -7 | TRJCRB Index | - | - |
TOCOM Rubber | 311.8 | 2.2 | LME Copper | 9,878 | 0 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1949 GMT
EQUITIES
GLOBAL - Global shares were little changed and U.S Treasury yields were higheron Tuesday, as investors weighed a host of U.S. economic data and comments from Federal Reserve Chair Jerome Powell to gauge the timing of any interest rate cuts.
MSCI's gauge of stocks across the globe .MIWD00000PUS ticked up 0.32 point, or 0.03%, to 918.21.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The S&P 500 turned higher on Tuesday afternoon after a weak start, as the Senate's passage of U.S. President Donald Trump's tax package had investors weighing the bill's stimulative effects against its multi-trillion dollar cost.
By 2:12 p.m. ET (1612 GMT), the Dow Jones Industrial Average .DJI rose 433.90 points, or 0.98%, to 44,528.67, the S&P 500 .SPX gained 1.03 points, or 0.02%, to 6,205.98 and the Nasdaq Composite .IXIC lost 111.57 points, or 0.55%, to 20,258.17.
For a full report, click on .N
- - - -
LONDON - European shares ended slightly lower on Tuesday, with industrials and banks the biggest drags as investors weighed uncertainty over U.S. trade deals with the July tariff deadline fast approaching and discussions on a U.S. tax bill.
The pan-European STOXX 600 index .STOXX closed 0.2% lower, coming off a more than 1% fall for the month of June.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average snapped a five-day winning streak to fall more than 1% on Tuesday, as investors sold stocks amid uncertainty over U.S.-Japan trade talks.
The Nikkei .N225 fell 1.24% to 39,986.33, slipping from the highest level since mid-July, which it reached in the previous session.
For a full report, click on .T
- - - -
SHANGHAI - China stocks closed higher on Tuesday, led by gains in financial and healthcare shares, after a private survey showed the country's factory activity expanded in June. Hong Kong markets were shut for a local holiday.
China's blue-chip CSI300 Index .CSI300 ended 0.2% higher.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares were likely to rise on Wednesday, potentially helped by gains in commodity stocks due to a rise in gold, oil and copper prices, while investors awaited local retail sales data due later in the day.
The local share price index futures YAPcm1 rose 0.2%, a 16.7-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark was largely unchanged on Tuesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended higher on Tuesday, tracking Wall Street's overnight rally, though gains were capped as investors assessed mixed domestic data.
The benchmark KOSPI .KS11 closed up 17.95 points, or 0.58%, at 3,089.65, after rising as much as 2% to the highest intraday level since September 2021.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar gained ground against major currencies including the euro and the Swiss franc on Tuesday after data showed a better-than-expected increase in labor market demand, indicating the Federal Reserve will likely take its time to cut interest rates.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.161% at 96.908 after being down 0.05% to 96.71.
For a full report, click on USD/
- - - -
CHINA - China's yuan advanced further on Tuesday after enjoying two consecutive months of gains, briefly renewing an eight-month high against a dollar dragged down by worries over U.S. President Donald Trump's spending bill.
The onshore yuan CNY=CFXS jumped to a high of 7.1538 per dollar, the strongest level since November 8, 2024, before changing hands at 7.1625 as of 0407 GMT.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars paused near multi-month peaks on Tuesday after clearing another set of chart barriers to set the seal on a strong quarter, with the U.S. currency still stuck in a broad downtrend.
The Aussie held at $0.6575 AUD=D3, having climbed 0.7% overnight to an eight-month top of $0.6584.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won was little changed against the dollar on Tuesday.
The won was quoted at 1,355.9 per dollar on the onshore settlement platform KRW=KFTC, 0.04% lower than its previous close at 1,355.3.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields advanced on Tuesday after data showed the labor market remained resilient with the rise in job openings for May, confirming the Federal Reserve's stance of being patient on cutting interest rates.
In late morning trading, U.S. 10-year yields rose 3.5 basis points (bps) to 4.261% US10YT=RR after earlier dropping to its lowest since early May.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields fell slightly on Tuesday but remained within their recent range as inflation in the bloc returned to the European Central Bank's target level.
Germany's 10-year bond yield DE10YT=RR, the benchmark for the euro area, was last down 2.4 basis points at 2.573%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds rose following strong demand at an auction for 10-year bonds, prompting investors to cover short positions.
The 10-year JGB yield JP10YTN=JBTC fell 4 basis points (bps) to 1.39% after the auction outcome was announced.
For a full report, click on JP/
COMMODITIES
GOLD
Gold climbed more than 1% on Tuesday as investors sought safe haven assets after U.S. President Donald Trump's "big, beautiful bill" passed in the Senate, ahead of the July 9 deadline for trade tariffs.
Spot gold XAU= rose 1% to $3,337.09 per ounce, as of 1:29 p.m. EDT (1729 GMT), its highest level since June 24.
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures declined on Tuesday, as disappointing factory data and persistent property sector woes in top consumer China dampened sentiment.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended 1.32% lower at 708.5 yuan ($98.92) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS
Copper prices hit three-month highs on Tuesday with growing optimism about demand for the metal, used in power and construction, in top consumer China after the country's stronger manufacturing data.
Benchmark copper CMCU3 on the London Metal Exchange (LME) was up 0.6% at $9,929 a metric ton by 1600 GMT.
For a full report, click on MET/L
- - - -
OIL
Oil prices edged higher on Tuesday as investors took stock of positive demand indicators, while also treading cautiously ahead of an OPEC+ meeting to decide the group's August output policy.
Brent crude LCOc1 was up 35 cents, or 0.5%, to $67.09 a barrel at 12:54 p.m. ET (1654 GMT).
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures closed lower for the second straight session on Tuesday, tracking soyoil weaknesses in the Dalian and Chicago markets and softer crude oil prices following a lack of fundamental triggers.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange lost 16 ringgit, or 0.4%, to 3,970 ringgit ($946.14) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures rose on Tuesday as excessive rain in top producer Thailand raised worries over supplies.
The Osaka Exchange (OSE) rubber contract for December delivery JRUc6, 0#2JRU: rose 2.2 yen, or 0.71%, to 311.8 yen ($2.18) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
June 26 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8559.2 | 3.7 | NZX 50** | 12460.96 | -6.52 |
DJIA** | 42982.43 | -106.59 | NIKKEI** | 38942.07 | 151.51 |
Nasdaq** | 19949.725 | 37.192 | FTSE** | 8718.75 | -40.24 |
S&P 500** | 6092.16 | -0.02 | Hang Seng** | 24474.67 | 297.6 |
SPI 200 Fut | 8500 | -37 | STI** | 3925.98 | 21.68 |
SSEC** | 3455.9736 | 35.4076 | KOSPI** | 3108.25 | 4.61 |
----------------------------------------------------------------------------------------
Bonds | Net Chng | Bonds | Net Chng | ||
JP 10 YR Bond | 1.399 | 0.001 | KR 10 YR Bond | 2.803 | -0.027 |
AU 10 YR Bond | 4.144 | 0.023 | US 10 YR Bond | 4.2827 | -0.01 |
NZ 10 YR Bond | 4.535 | -0.01 | US 30 YR Bond | 4.8281 | -0.003 |
----------------------------------------------------------------------------------------
Currencies | Net Chng | Net Chng | |||
SGD US$ | 1.2782 | -0.0027 | KRW US$ | 1359.07 | 0.43 |
AUD US$ | 0.6512 | 0.00216 | NZD US$ | 0.6038 | 0.0032 |
EUR US$ | 1.166 | 0.0052 | Yen US$ | 145.19 | 0.28 |
THB US$ | 32.49 | -0.14 | PHP US$ | 56.675 | -0.505 |
IDR US$ | 16285 | -60 | INR US$ | 86.042 | 0.126 |
MYR US$ | 4.235 | -0.005 | TWD US$ | 29.391 | -0.145 |
CNY US$ | 7.175 | 0.0038 | HKD US$ | 7.8499 | 0 |
----------------------------------------------------------------------------------------
Commodities | Net Chng | Net Chng | |||
Spot Gold | 3334.49 | 10.74 | Silver (Lon) | 36.3 | 0.3964 |
U.S. Gold Fut | 3348.9 | 15 | Brent Crude | 67.93 | 0.79 |
Iron Ore | CNY702.5 | -0.5 | TRJCRB Index | - | - |
TOCOM Rubber | 298 | -1.8 | LME Copper | 9664 | -3.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 2003 GMT
EQUITIES
GLOBAL - Global shares traded near record highs on Wednesday while crude oil prices were on track to snap three straight sessions of declines as Middle East tensions eased, allowing markets to focus on U.S. inflation and prospects of an interest rate cut.
MSCI's gauge of stocks across the globe .MIWD00000PUS eased 0.08% to 902.34, after hitting a record high earlier in the session.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - U.S. stocks took a breather on Wednesday, pausing a two-day rally as the tenuous Israel-Iran cease fire continued to hold and investors pored over a second day of congressional testimony from Federal Reserve Chair Jerome Powell.
According to preliminary data, the S&P 500 .SPX gained 1.28 points, or 0.02%, to end at 6,093.46 points, while the Nasdaq Composite .IXIC gained 65.01 points, or 0.33%, to 19,977.54. The Dow Jones Industrial Average .DJI fell 92.91 points, or 0.22%, to 42,996.11.
For a full report, click on .N
- - - -
LONDON - A rally in European stocks hit a roadblock as investors weighed the fragility of the Israel-Iran ceasefire, with attention quickly shifting to the looming U.S. tariff pause deadline.
The pan-European STOXX 600 index .STOXX lost steam after Tuesday's best intraday jump in over a month, dipping 0.7% as a wave of red swept across most sectors.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average ended at a more than four-month high on Wednesday, as chip-related stocks tracked overnight gains of their U.S. peers.
The Nikkei .N225 rose 0.39% to 38,942.07, its highest closing level since February 19, after flitting between modest gains and losses.
For a full report, click on .T
- - - -
SHANGHAI - Shanghai stocks closed at a more-than-six-month high on Wednesday, while Hong Kong ended at its loftiest since March, boosted by a ceasefire between Israel and Iran, as well as some hopes of an earlier-than-expected U.S. Federal Reserve rate cut.
The blue-chip CSI300 index .CSI300 was up 1.44% at 3,960.07 points, the highest closing level since March 20.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares are likely to open lower on Thursday, possibly dragged by a potential fall in miners on the back of weakened underlying commodity prices, while investors assessed a cooler-than-expected consumer price index data released on Wednesday.
The local share price index futures YAPcm1 slipped 0.5%, a 63.2-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark closed largely flat on Wednesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares notched their highest closing level since September 2021 on Wednesday, extending a rally fuelled by chips and automakers.
The benchmark KOSPI .KS11 ended the session up 4.61 points, or 0.15%, at 3,108.25.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar fell to multi-year lows against the euro and sterling on Wednesday but gained on the Japanese yen as traders evaluated expectations for Federal Reserve interest rate cuts and turned attention back to U.S. fiscal policies.
The dollar gained 0.18% to 145.17 Japanese yen JPY=.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan edged higher against the U.S. dollar on Wednesday, nearing its strongest level in a month, as a truce between Israel and Iran continued to lift market sentiment.
By 0331 GMT, the yuan CNY=CFXS held its ground at 7.1684 to the dollar, hovering near the strongest level since May 26.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars edged higher on Wednesday as a truce in the Middle East seemed to be largely holding for the moment, outweighing a soft domestic inflation report that merely solidified wagers for a near-term rate cut.
The Aussie was unfazed by the data, given a cut was already heavily priced in, and added 0.2% to $0.6502 AUD=D3, having bounced 0.5% overnight to reach as far as $0.6519.
For a full report, click on AUD/
- - - -
SEOUL - The won was quoted at 1,363.2 per dollar on the onshore settlement platform KRW=KFTC, 0.13% lower than its previous close at 1,361.4.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Yields on longer-dated U.S. Treasuries were slightly up early on Wednesday as oil prices rose and the truce in the Middle East increased investors' willingness to take risks.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB rose 3.7 basis points to 4.33%.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields rose on Wednesday as investors processed concerns about increased fiscal spending across the euro area and kept a wary eye on the Iran-Israel ceasefire.
German 10-year government bond yields DE10YT=RR, which serve as the benchmark for the wider euro zone, rose 3 basis points (bps) to 2.56%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds rose on Wednesday as the market found the overall tone of a summary of the Bank of Japan's latest policy meeting dovish.
The 10-year JGB yield JP10YTN=JBTC fell 1.5 basis points (bps) to 1.4%.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices were steady on Wednesday as market participants remained cautious ahead of key U.S. economic data, while the ceasefire between Iran and Israel weighed on safe-haven demand.
Spot gold XAU= was up 0.1% at $3,327.91 per ounce at 0158 p.m. EDT (1758 GMT) after prices hit their lowest in over two weeks in the previous session.
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures prices fell for a second straight session on Wednesday, weighed down by rising shipments from Australia and Brazil and a seasonal slowdown in demand from top consumer China.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 0.43% lower at 702.5 yuan ($97.97) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices rose on Wednesday supported by a tentative ceasefire between Iran and Israel, which improved the overall market sentiment, with the metals market attention shifting to a sharp fall in premiums for nearby copper contracts.
Three-month copper CMCU3 on the London Metal Exchange was up 0.5% at $9,717.50 a metric ton by 1600 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil prices rose nearly 1% on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong U.S. demand, and as investors assessed the stability of a ceasefire between Iran and Israel.
Brent crude futures LCOc1 settled 54 cents higher, or 0.8%, at $67.68 a barrel.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures reversed earlier gains to end lower on Wednesday as uncertainty over developments in the Israel-Iran conflict weighed on the market, while strong export data capped losses.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange was down 20 ringgit, or 0.5%, at 3,963 ringgit ($935.77) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures strengthened on Wednesday after a tentative truce between Iran and Israel buoyed investor sentiment and as wet weather in top producer Thailand sparked supply concerns.
The Osaka Exchange (OSE) rubber contract for December delivery JRUc6, 0#2JRU: ended daytime trade up 6.4 yen, or 2.18%, at 299.8 yen ($2.06) per kg.
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
June 26 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8559.2 | 3.7 | NZX 50** | 12460.96 | -6.52 |
DJIA** | 42982.43 | -106.59 | NIKKEI** | 38942.07 | 151.51 |
Nasdaq** | 19949.725 | 37.192 | FTSE** | 8718.75 | -40.24 |
S&P 500** | 6092.16 | -0.02 | Hang Seng** | 24474.67 | 297.6 |
SPI 200 Fut | 8500 | -37 | STI** | 3925.98 | 21.68 |
SSEC** | 3455.9736 | 35.4076 | KOSPI** | 3108.25 | 4.61 |
----------------------------------------------------------------------------------------
Bonds | Net Chng | Bonds | Net Chng | ||
JP 10 YR Bond | 1.399 | 0.001 | KR 10 YR Bond | 2.803 | -0.027 |
AU 10 YR Bond | 4.144 | 0.023 | US 10 YR Bond | 4.2827 | -0.01 |
NZ 10 YR Bond | 4.535 | -0.01 | US 30 YR Bond | 4.8281 | -0.003 |
----------------------------------------------------------------------------------------
Currencies | Net Chng | Net Chng | |||
SGD US$ | 1.2782 | -0.0027 | KRW US$ | 1359.07 | 0.43 |
AUD US$ | 0.6512 | 0.00216 | NZD US$ | 0.6038 | 0.0032 |
EUR US$ | 1.166 | 0.0052 | Yen US$ | 145.19 | 0.28 |
THB US$ | 32.49 | -0.14 | PHP US$ | 56.675 | -0.505 |
IDR US$ | 16285 | -60 | INR US$ | 86.042 | 0.126 |
MYR US$ | 4.235 | -0.005 | TWD US$ | 29.391 | -0.145 |
CNY US$ | 7.175 | 0.0038 | HKD US$ | 7.8499 | 0 |
----------------------------------------------------------------------------------------
Commodities | Net Chng | Net Chng | |||
Spot Gold | 3334.49 | 10.74 | Silver (Lon) | 36.3 | 0.3964 |
U.S. Gold Fut | 3348.9 | 15 | Brent Crude | 67.93 | 0.79 |
Iron Ore | CNY702.5 | -0.5 | TRJCRB Index | - | - |
TOCOM Rubber | 298 | -1.8 | LME Copper | 9664 | -3.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 2003 GMT
EQUITIES
GLOBAL - Global shares traded near record highs on Wednesday while crude oil prices were on track to snap three straight sessions of declines as Middle East tensions eased, allowing markets to focus on U.S. inflation and prospects of an interest rate cut.
MSCI's gauge of stocks across the globe .MIWD00000PUS eased 0.08% to 902.34, after hitting a record high earlier in the session.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - U.S. stocks took a breather on Wednesday, pausing a two-day rally as the tenuous Israel-Iran cease fire continued to hold and investors pored over a second day of congressional testimony from Federal Reserve Chair Jerome Powell.
According to preliminary data, the S&P 500 .SPX gained 1.28 points, or 0.02%, to end at 6,093.46 points, while the Nasdaq Composite .IXIC gained 65.01 points, or 0.33%, to 19,977.54. The Dow Jones Industrial Average .DJI fell 92.91 points, or 0.22%, to 42,996.11.
For a full report, click on .N
- - - -
LONDON - A rally in European stocks hit a roadblock as investors weighed the fragility of the Israel-Iran ceasefire, with attention quickly shifting to the looming U.S. tariff pause deadline.
The pan-European STOXX 600 index .STOXX lost steam after Tuesday's best intraday jump in over a month, dipping 0.7% as a wave of red swept across most sectors.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average ended at a more than four-month high on Wednesday, as chip-related stocks tracked overnight gains of their U.S. peers.
The Nikkei .N225 rose 0.39% to 38,942.07, its highest closing level since February 19, after flitting between modest gains and losses.
For a full report, click on .T
- - - -
SHANGHAI - Shanghai stocks closed at a more-than-six-month high on Wednesday, while Hong Kong ended at its loftiest since March, boosted by a ceasefire between Israel and Iran, as well as some hopes of an earlier-than-expected U.S. Federal Reserve rate cut.
The blue-chip CSI300 index .CSI300 was up 1.44% at 3,960.07 points, the highest closing level since March 20.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares are likely to open lower on Thursday, possibly dragged by a potential fall in miners on the back of weakened underlying commodity prices, while investors assessed a cooler-than-expected consumer price index data released on Wednesday.
The local share price index futures YAPcm1 slipped 0.5%, a 63.2-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark closed largely flat on Wednesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares notched their highest closing level since September 2021 on Wednesday, extending a rally fuelled by chips and automakers.
The benchmark KOSPI .KS11 ended the session up 4.61 points, or 0.15%, at 3,108.25.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar fell to multi-year lows against the euro and sterling on Wednesday but gained on the Japanese yen as traders evaluated expectations for Federal Reserve interest rate cuts and turned attention back to U.S. fiscal policies.
The dollar gained 0.18% to 145.17 Japanese yen JPY=.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan edged higher against the U.S. dollar on Wednesday, nearing its strongest level in a month, as a truce between Israel and Iran continued to lift market sentiment.
By 0331 GMT, the yuan CNY=CFXS held its ground at 7.1684 to the dollar, hovering near the strongest level since May 26.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars edged higher on Wednesday as a truce in the Middle East seemed to be largely holding for the moment, outweighing a soft domestic inflation report that merely solidified wagers for a near-term rate cut.
The Aussie was unfazed by the data, given a cut was already heavily priced in, and added 0.2% to $0.6502 AUD=D3, having bounced 0.5% overnight to reach as far as $0.6519.
For a full report, click on AUD/
- - - -
SEOUL - The won was quoted at 1,363.2 per dollar on the onshore settlement platform KRW=KFTC, 0.13% lower than its previous close at 1,361.4.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Yields on longer-dated U.S. Treasuries were slightly up early on Wednesday as oil prices rose and the truce in the Middle East increased investors' willingness to take risks.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB rose 3.7 basis points to 4.33%.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields rose on Wednesday as investors processed concerns about increased fiscal spending across the euro area and kept a wary eye on the Iran-Israel ceasefire.
German 10-year government bond yields DE10YT=RR, which serve as the benchmark for the wider euro zone, rose 3 basis points (bps) to 2.56%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds rose on Wednesday as the market found the overall tone of a summary of the Bank of Japan's latest policy meeting dovish.
The 10-year JGB yield JP10YTN=JBTC fell 1.5 basis points (bps) to 1.4%.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices were steady on Wednesday as market participants remained cautious ahead of key U.S. economic data, while the ceasefire between Iran and Israel weighed on safe-haven demand.
Spot gold XAU= was up 0.1% at $3,327.91 per ounce at 0158 p.m. EDT (1758 GMT) after prices hit their lowest in over two weeks in the previous session.
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures prices fell for a second straight session on Wednesday, weighed down by rising shipments from Australia and Brazil and a seasonal slowdown in demand from top consumer China.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 0.43% lower at 702.5 yuan ($97.97) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices rose on Wednesday supported by a tentative ceasefire between Iran and Israel, which improved the overall market sentiment, with the metals market attention shifting to a sharp fall in premiums for nearby copper contracts.
Three-month copper CMCU3 on the London Metal Exchange was up 0.5% at $9,717.50 a metric ton by 1600 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil prices rose nearly 1% on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong U.S. demand, and as investors assessed the stability of a ceasefire between Iran and Israel.
Brent crude futures LCOc1 settled 54 cents higher, or 0.8%, at $67.68 a barrel.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures reversed earlier gains to end lower on Wednesday as uncertainty over developments in the Israel-Iran conflict weighed on the market, while strong export data capped losses.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange was down 20 ringgit, or 0.5%, at 3,963 ringgit ($935.77) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures strengthened on Wednesday after a tentative truce between Iran and Israel buoyed investor sentiment and as wet weather in top producer Thailand sparked supply concerns.
The Osaka Exchange (OSE) rubber contract for December delivery JRUc6, 0#2JRU: ended daytime trade up 6.4 yen, or 2.18%, at 299.8 yen ($2.06) per kg.
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
June 24 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8,474.90 | -30.60 | NZX 50** | 12532.65 | -36.40 |
DJIA | 42511.86 | 305.19 | NIKKEI** | 38354.09 | -49.14 |
Nasdaq | 19,614.23 | 162.35 | FTSE** | 8,758.04 | -16.61 |
S&P 500 | 6012.4 | 44.56 | Hang Seng** | 23,689.13 | 158.65 |
SPI 200 Fut | 8506 | 48 | STI** | 3879.26 | -4.17 |
SSEC** | 3,381.58 | 21.69 | KOSPI** | 3,014.47 | -7.37 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.414 | 0.005 | KR 10 YR Bond | 2.881 | 0.017 |
AU 10 YR Bond | 4.168 | -0.041 | US 10 YR Bond | 4.3102 | -0.065 |
NZ 10 YR Bond | 4.61 | -0.01 | US 30 YR Bond | 4.8432 | -0.046 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2851 | -0.0029 | KRW US$ | 1371.74 | -1.1 |
AUD US$ | 0.64525 | 0.0001 | NZD US$ | 0.5968 | 0.0008 |
EUR US$ | 1.1571 | 0.0049 | Yen US$ | 146.1 | 0.03 |
THB US$ | 32.73 | -0.06 | PHP US$ | 57.593 | 0.463 |
IDR US$ | 16480 | 100 | INR US$ | 86.56 | 0 |
MYR US$ | 4.292 | 0.042 | TWD US$ | 29.734 | 0.205 |
CNY US$ | 7.1788 | -0.0032 | HKD US$ | 7.8499 | 0 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3380.49 | 12.51 | Silver (Lon) | 36.2882 | 0.3012 |
U.S. Gold Fut | 3396.5 | 10.8 | Brent Crude | 72.27 | -4.72 |
Iron Ore | CNY706 | 3 | TRJCRB Index | - | - |
TOCOM Rubber | 301.8 | 0.3 | LME Copper | 9,661 | 45.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1803 GMT
EQUITIES
GLOBAL - Global equity markets advanced on Monday even as oil prices fell but still traded near multi-month highs as markets shrugged off the effects of the U.S. attacks on Iranian nuclear sites in support of an Israeli military campaign.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.28%.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street's main indexes rose on Monday after dovish comments from the Federal Reserve's Michelle Bowman as well as gains in Tesla outweighed worries of potential oil supply bottlenecks following U.S. airstrikes on nuclear facilities in Iran.
At 11:56 a.m. ET, the Dow Jones Industrial Average .DJI rose 30.71 points, or 0.09%, to 42,243.19, the S&P 500 .SPX gained 16.72 points, or 0.28%, to 5,984.56, and the Nasdaq Composite .IXIC gained 77.57 points, or 0.40%, to 19,524.98.
For a full report, click on .N
- - - -
LONDON - European stocks stumbled on Monday, as investors nervously eyed the threat of Iranian retaliation following joint U.S.-Israeli strikes on Iran's nuclear sites over the weekend.
The pan-European STOXX 600 index .STOXX closed 0.3% lower, after touching its lowest level in over a month earlier in the session.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average fell on Monday as U.S. attacks on Iranian nuclear sites fueled risk aversion, while the accompanying jump in oil prices weighed on the outlook for Japan's economy and corporate earnings.
The Nikkei .N225 declined 0.13% to 38,354.09 as of the close, with 154 of its components declining, versus 69 that rose and two that ended flat.
For a full report, click on .T
- - - -
SHANGHAI - Hong Kong shares ended higher on Monday, lifted by the strongest southbound inflows via the Stock Connect in three weeks, even as investors remained cautious over the outlook for tighter cash conditions in the market. China stocks were also up.
China's blue-chip CSI300 Index .CSI300 closed up 0.3%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares closed at their lowest level in nearly three weeks on Monday, weighed down by mining and industrial stocks, as risk sentiment took a hit after the U.S. attack on Iran's nuclear sites stirred fears of a broader conflict.
The S&P/ASX 200 index .AXJO fell 0.4% to close at 8,474.9 points, its lowest since early June. The benchmark is down for a fifth consecutive session.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended lower on Monday as escalating geopolitical tensions in the Middle East weighed on investor sentiment, overshadowing a tech rally.
The benchmark KOSPI .KS11 fell 7.37 points, or 0.24%, to close at 3,014.47. On Friday, the index climbed above a key milestone of 3,000 points for the first time in 3-1/2 years.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar fell on Monday after Federal Reserve Vice Chair for Supervision Michelle Bowman said that the U.S. central bank should consider rate cuts soon, reversing the dollar's earlier rally following the U.S. bombing of some nuclear sites in Iran.
The dollar index =USD fell 0.14% to 98.78. It earlier rose to 99.42, the highest since May 30.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan slipped to a three-week low against the dollar on Monday as investors rushed to perceived safe haven assets and awaited Iran's response to U.S. attacks on its nuclear sites that dramatically exacerbated Middle East tensions.
The onshore yuan CNY=CFXS fell to a trough of 7.1950 per dollar, the weakest level since June 3, before changing hands at 7.1877 as of 0350 GMT.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars slid with global stocks on Monday, hitting one-month lows, as investors feared Iran may retaliate against U.S. strikes on its nuclear sites and raise the stakes in a widening war in the Middle East.
The Australian dollar AUD=D3 slid 0.8% to $0.6402, the lowest since May 20.
For a full report, click on AUD/
- - - -
SEOUL - The won was quoted at 1,384.3 per dollar on the onshore settlement platform KRW=KFTC, 0.74% lower than Friday's close of 1,374.0.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Yields on U.S. Treasuries fell on Monday as Federal Reserve vice-chair Michelle Bowman said the first interest rate this year could come as soon as July, and reaction from geopolitical events was muted.
U.S. 10-year Treasury yields fell after Bowman's comments and were last down 6.3 basis points at 4.312%.
For a full report, click on US/
- - - -
LONDON - Euro zone government bonds pared earlier price losses, leaving yields steady on Monday as a retreat in oil soothed some investor concern about the inflationary impact of an escalation in the Middle East conflict.
German 10-year government bond yields DE10YT=RR, which serve as the benchmark for the wider euro zone, were roughly unchanged on the day in afternoon trading in Europe, at 2.51%, having touched a session high of 2.558% earlier.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bond (JGB) prices slid on Monday, as concerns about the inflationary impact of higher oil prices reduced the appeal of coupon-bearing debt.
The 10-year JGB yield JP10YTN=JBTC rose 2.5 basis points (bps) to 1.42%, while benchmark 10-year JGB futures 2JGBv1 fell 0.26 yen to 139.17 yen
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices rose on Monday as escalating Iran-Israel tensions boosted safe-haven demand, with markets closely monitoring developments in the region.
Spot gold XAU= gained 0.5% at $3,384.59 an ounce, as of 1245 a.m. EDT (1645 GMT).
For a full report, click on GOL/
- - - -
IRON ORE - Dalian iron ore futures touched their highest levels in more than a week on Monday, supported by improving short-term demand prospects for the steelmaking ingredient in top consumer China.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 0.5% higher at 706 yuan ($98.25) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Aluminium prices jumped to three-month highs on Monday as U.S. airstrikes on Iran's nuclear facilities raised the prospect of higher energy prices and disruptions to shipments of the metal from the Middle East.
Benchmark aluminium CMAL3 had gained 1.6% at $2,589 a metric ton by 1606 GMT after touching its highest since March 21 at $2,654.50.
For a full report, click on MET/L
- - - -
OIL - Oil prices slipped more than $3, or 4%, on Monday after Iran attacked the U.S. military base in Qatar in retaliation for U.S. attacks on its nuclear facilities, and took no action to disrupt oil and gas tanker traffic through the Strait of Hormuz.
Brent crude futures LCOc1 were down $2.91, or 3.8%, at $74.09 a barrel by 1:13 p.m. ET (1713GMT).
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures ended higher after reversing earlier losses on Monday, as stronger crude oil prices and a softer ringgit supported the market while weaker rival Dalian oils capped the gains.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange gained 7 ringgit, or 0.17%, to 4,125 ringgit ($961.09) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures snapped a two-day fall on Monday as wet weather in key production areas sparked supply concerns, outweighing slowing tyre demand in top consumer China.
The Osaka Exchange (OSE) rubber contract for November delivery JRUc6, 0#2JRU: closed up 6.1 yen, or 2.06%, at 301.5 yen ($2.05) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
June 24 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8,474.90 | -30.60 | NZX 50** | 12532.65 | -36.40 |
DJIA | 42511.86 | 305.19 | NIKKEI** | 38354.09 | -49.14 |
Nasdaq | 19,614.23 | 162.35 | FTSE** | 8,758.04 | -16.61 |
S&P 500 | 6012.4 | 44.56 | Hang Seng** | 23,689.13 | 158.65 |
SPI 200 Fut | 8506 | 48 | STI** | 3879.26 | -4.17 |
SSEC** | 3,381.58 | 21.69 | KOSPI** | 3,014.47 | -7.37 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.414 | 0.005 | KR 10 YR Bond | 2.881 | 0.017 |
AU 10 YR Bond | 4.168 | -0.041 | US 10 YR Bond | 4.3102 | -0.065 |
NZ 10 YR Bond | 4.61 | -0.01 | US 30 YR Bond | 4.8432 | -0.046 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2851 | -0.0029 | KRW US$ | 1371.74 | -1.1 |
AUD US$ | 0.64525 | 0.0001 | NZD US$ | 0.5968 | 0.0008 |
EUR US$ | 1.1571 | 0.0049 | Yen US$ | 146.1 | 0.03 |
THB US$ | 32.73 | -0.06 | PHP US$ | 57.593 | 0.463 |
IDR US$ | 16480 | 100 | INR US$ | 86.56 | 0 |
MYR US$ | 4.292 | 0.042 | TWD US$ | 29.734 | 0.205 |
CNY US$ | 7.1788 | -0.0032 | HKD US$ | 7.8499 | 0 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3380.49 | 12.51 | Silver (Lon) | 36.2882 | 0.3012 |
U.S. Gold Fut | 3396.5 | 10.8 | Brent Crude | 72.27 | -4.72 |
Iron Ore | CNY706 | 3 | TRJCRB Index | - | - |
TOCOM Rubber | 301.8 | 0.3 | LME Copper | 9,661 | 45.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1803 GMT
EQUITIES
GLOBAL - Global equity markets advanced on Monday even as oil prices fell but still traded near multi-month highs as markets shrugged off the effects of the U.S. attacks on Iranian nuclear sites in support of an Israeli military campaign.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.28%.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street's main indexes rose on Monday after dovish comments from the Federal Reserve's Michelle Bowman as well as gains in Tesla outweighed worries of potential oil supply bottlenecks following U.S. airstrikes on nuclear facilities in Iran.
At 11:56 a.m. ET, the Dow Jones Industrial Average .DJI rose 30.71 points, or 0.09%, to 42,243.19, the S&P 500 .SPX gained 16.72 points, or 0.28%, to 5,984.56, and the Nasdaq Composite .IXIC gained 77.57 points, or 0.40%, to 19,524.98.
For a full report, click on .N
- - - -
LONDON - European stocks stumbled on Monday, as investors nervously eyed the threat of Iranian retaliation following joint U.S.-Israeli strikes on Iran's nuclear sites over the weekend.
The pan-European STOXX 600 index .STOXX closed 0.3% lower, after touching its lowest level in over a month earlier in the session.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average fell on Monday as U.S. attacks on Iranian nuclear sites fueled risk aversion, while the accompanying jump in oil prices weighed on the outlook for Japan's economy and corporate earnings.
The Nikkei .N225 declined 0.13% to 38,354.09 as of the close, with 154 of its components declining, versus 69 that rose and two that ended flat.
For a full report, click on .T
- - - -
SHANGHAI - Hong Kong shares ended higher on Monday, lifted by the strongest southbound inflows via the Stock Connect in three weeks, even as investors remained cautious over the outlook for tighter cash conditions in the market. China stocks were also up.
China's blue-chip CSI300 Index .CSI300 closed up 0.3%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares closed at their lowest level in nearly three weeks on Monday, weighed down by mining and industrial stocks, as risk sentiment took a hit after the U.S. attack on Iran's nuclear sites stirred fears of a broader conflict.
The S&P/ASX 200 index .AXJO fell 0.4% to close at 8,474.9 points, its lowest since early June. The benchmark is down for a fifth consecutive session.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended lower on Monday as escalating geopolitical tensions in the Middle East weighed on investor sentiment, overshadowing a tech rally.
The benchmark KOSPI .KS11 fell 7.37 points, or 0.24%, to close at 3,014.47. On Friday, the index climbed above a key milestone of 3,000 points for the first time in 3-1/2 years.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar fell on Monday after Federal Reserve Vice Chair for Supervision Michelle Bowman said that the U.S. central bank should consider rate cuts soon, reversing the dollar's earlier rally following the U.S. bombing of some nuclear sites in Iran.
The dollar index =USD fell 0.14% to 98.78. It earlier rose to 99.42, the highest since May 30.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan slipped to a three-week low against the dollar on Monday as investors rushed to perceived safe haven assets and awaited Iran's response to U.S. attacks on its nuclear sites that dramatically exacerbated Middle East tensions.
The onshore yuan CNY=CFXS fell to a trough of 7.1950 per dollar, the weakest level since June 3, before changing hands at 7.1877 as of 0350 GMT.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars slid with global stocks on Monday, hitting one-month lows, as investors feared Iran may retaliate against U.S. strikes on its nuclear sites and raise the stakes in a widening war in the Middle East.
The Australian dollar AUD=D3 slid 0.8% to $0.6402, the lowest since May 20.
For a full report, click on AUD/
- - - -
SEOUL - The won was quoted at 1,384.3 per dollar on the onshore settlement platform KRW=KFTC, 0.74% lower than Friday's close of 1,374.0.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Yields on U.S. Treasuries fell on Monday as Federal Reserve vice-chair Michelle Bowman said the first interest rate this year could come as soon as July, and reaction from geopolitical events was muted.
U.S. 10-year Treasury yields fell after Bowman's comments and were last down 6.3 basis points at 4.312%.
For a full report, click on US/
- - - -
LONDON - Euro zone government bonds pared earlier price losses, leaving yields steady on Monday as a retreat in oil soothed some investor concern about the inflationary impact of an escalation in the Middle East conflict.
German 10-year government bond yields DE10YT=RR, which serve as the benchmark for the wider euro zone, were roughly unchanged on the day in afternoon trading in Europe, at 2.51%, having touched a session high of 2.558% earlier.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bond (JGB) prices slid on Monday, as concerns about the inflationary impact of higher oil prices reduced the appeal of coupon-bearing debt.
The 10-year JGB yield JP10YTN=JBTC rose 2.5 basis points (bps) to 1.42%, while benchmark 10-year JGB futures 2JGBv1 fell 0.26 yen to 139.17 yen
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices rose on Monday as escalating Iran-Israel tensions boosted safe-haven demand, with markets closely monitoring developments in the region.
Spot gold XAU= gained 0.5% at $3,384.59 an ounce, as of 1245 a.m. EDT (1645 GMT).
For a full report, click on GOL/
- - - -
IRON ORE - Dalian iron ore futures touched their highest levels in more than a week on Monday, supported by improving short-term demand prospects for the steelmaking ingredient in top consumer China.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 0.5% higher at 706 yuan ($98.25) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Aluminium prices jumped to three-month highs on Monday as U.S. airstrikes on Iran's nuclear facilities raised the prospect of higher energy prices and disruptions to shipments of the metal from the Middle East.
Benchmark aluminium CMAL3 had gained 1.6% at $2,589 a metric ton by 1606 GMT after touching its highest since March 21 at $2,654.50.
For a full report, click on MET/L
- - - -
OIL - Oil prices slipped more than $3, or 4%, on Monday after Iran attacked the U.S. military base in Qatar in retaliation for U.S. attacks on its nuclear facilities, and took no action to disrupt oil and gas tanker traffic through the Strait of Hormuz.
Brent crude futures LCOc1 were down $2.91, or 3.8%, at $74.09 a barrel by 1:13 p.m. ET (1713GMT).
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures ended higher after reversing earlier losses on Monday, as stronger crude oil prices and a softer ringgit supported the market while weaker rival Dalian oils capped the gains.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange gained 7 ringgit, or 0.17%, to 4,125 ringgit ($961.09) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures snapped a two-day fall on Monday as wet weather in key production areas sparked supply concerns, outweighing slowing tyre demand in top consumer China.
The Osaka Exchange (OSE) rubber contract for November delivery JRUc6, 0#2JRU: closed up 6.1 yen, or 2.06%, at 301.5 yen ($2.05) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
June 23 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8,505.50 | -18.20 | NZX 50** | 12569.05 | -58.27 |
DJIA** | 42206.82 | 35.16 | NIKKEI** | 38403.23 | -85.11 |
Nasdaq** | 19,447.41 | -98.863 | FTSE** | 8,774.65 | -17.15 |
S&P 500** | 5967.84 | -13.03 | Hang Seng** | 23,530.48 | 292.74 |
SPI 200 Fut | 8,469.00 | -20 | STI** | 3883.43 | -10.75 |
SSEC** | 3,359.90 | -2.21 | KOSPI** | 3,021.84 | 44.10 |
----------------------------------------------------------------------------------------
Bonds | Net Chng | Bonds | Net Chng | ||
JP 10 YR Bond | 1.3910 | -0.0070 | KR 10 YR Bond | 2.864 | -0.021 |
AU 10 YR Bond | 4.1930 | -0.0270 | US 10 YR Bond | 4.3771 | - |
NZ 10 YR Bond | 4.6180 | -0.0100 | US 30 YR Bond | 4.8897 | - |
----------------------------------------------------------------------------------------
Currencies | Net Chng | Net Chng | |||
SGD US$ | 1.2872 | -0.0002 | KRW US$ | 1,372.840 | -3.6 |
AUD US$ | 0.6431 | -0.00215 | NZD US$ | 0.5949 | -0.0011 |
EUR US$ | 1.1465 | -0.0057 | Yen US$ | 146.1400 | 0.07 |
THB US$ | 32.7900 | 0.04 | PHP US$ | 57.1800 | 0.05 |
IDR US$ | 16,380 | -10 | INR US$ | 86.5600 | -0.253 |
MYR US$ | 4.2500 | -0.007 | TWD US$ | 29.5290 | -0.092 |
CNY US$ | 7.1820 | -0.005 | HKD US$ | 7.8493 | -0.0006 |
----------------------------------------------------------------------------------------
Commodities | Net Chng | Net Chng | |||
Spot Gold | 3,367.98 | -2.4177 | Silver (Lon) | 35.987 | -0.3977 |
U.S. Gold Fut | 3385.7 | 2.9 | Brent Crude | 77.01 | -1.84 |
Iron Ore | CNY703 | 5 | TRJCRB Index | - | - |
TOCOM Rubber | 294.9 | -0.5 | LME Copper | 9,620 | -36 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1948 GMT
EQUITIES
GLOBAL - Major Wall Street indexes closed lower on Friday while oil prices fell after U.S. President Donald Trump held back from immediate military action in the Israel-Iran conflict.
MSCI's gauge of stocks across the globe .MIWD00000PUS fell 0.01% on the day.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The S&P 500 and Nasdaq ended lower on Friday, with investors on edge over the Iran-Israel conflict heading into the weekend, as the U.S. considers whether to get involved.
The Dow Jones Industrial Average .DJI rose 35.16 points, or 0.08%, to 42,206.82, the S&P 500 .SPX lost 13.03 points, or 0.22%, to 5,967.84 and the Nasdaq Composite .IXIC lost 98.86 points, or 0.51%, to 19,447.41.
For a full report, click on .N
- - - -
LONDON - European stocks snapped a three-day losing streak and closed higher on Friday, as investors' nerves eased following a stall in U.S. involvement in Middle East tensions.
The pan-European STOXX 600 .STOXX closed 0.1% higher.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average gave up early gains to end lower on Friday, as geopolitical risks surrounding the Middle East conflict weighed on sentiment.
The Nikkei .N225 fell 0.22% to 38,403.23, after rising as much as 0.4% earlier in the session.
For a full report, click on .T
- - - -
SHANGHAI - Hong Kong stocks rebounded on Friday but still logged their steepest weekly decline since April, as the lack of new stimulus measures this week weighed on investor sentiment amid broader global tensions surrounding the Iran-Israel conflict.
China's blue-chip CSI300 Index .CSI300 closed 0.1% higher, while the Shanghai Composite Index .SSEC lost 0.1%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares were poised to slip at open on Monday, likely dragged by a potential fall in mining stocks, with investors adopting caution after tensions escalated in the Middle East post the U.S. strikes on Iran's nuclear sites.
The local share price index futures YAPcm1 fell 0.2% lower, a 54.7-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark ended 0.2% lower on Friday.
For a full report, click on .AX
- - - -
SEOUL - South Korea's benchmark KOSPI stock index rose above a key milestone of 3,000 points for the first time in 3-1/2 years on Friday, led by technology stocks on a post-election rally.
The KOSPI .KS11 ended the session up 44.10 points, or 1.48%, at 3,021.84, its highest close since December 9, 2021.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar rose to a three-week high against the safe-haven yen and gained ground on the Swiss franc on Friday amid signs tension in the Middle East is easing after Iran backed continued discussions with Europe on its conflict with Israel.
The dollar index, which measures the U.S. currency =USD against six peers, including the Swiss franc, the Japanese yen, and the euro, is poised to rise 0.6% this week.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan firmed against the U.S. dollar on Friday as the central bank set the daily fixing stronger and as expectations of dollar weakness supported the currency.
By 0400 GMT, the yuan CNY=CFXS was 0.08% higher at 7.1811 to the dollar after trading in a range of 7.1756 to 7.1822.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars found some footing on Friday as the Israel-Iran conflict continued but did not escalate to U.S. involvement, offering a welcome reprieve to risk assets.
The lack of an immediate U.S. attack was enough for the Aussie to edge up 0.1% to $0.6487 AUD=D3, having dived as deep as $0.6446 overnight.
For a full report, click on AUD/
- - - -
SEOUL - The KOSPI .KS11 ended the session up 44.10 points, or 1.48%, at 3,021.84, its highest close since December 9, 2021.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields fell on Friday as concerns over the conflict in Iran boosted demand for safe haven bonds and after Federal Reserve Governor Christopher Waller said the U.S. central bank should consider cutting rates at its next meeting.
The yield on benchmark U.S. 10-year notes US10YT=RR was last down 2 basis points at 4.375%.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields were on track for a weekly decline as the Israel-Iran air war entered its eighth day, with investors downplaying inflation concerns while awaiting clarity on potential U.S. involvement in the conflict.
German 10-year government bond yields DE10YT=RR, which serve as the benchmark for the wider euro zone, fell 0.5 basis points (bps) to 2.51% and were set to end the week 1.5 bps lower.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds moved in a narrow range on Friday as investors weighed strong price data in Tokyo, while a solid outcome of the Bank of Japan's bond buying operation supported sentiment.
The 10-year JGB yield JP10YTN=JBTC inched up 0.5 basis point to 1.415%, after rising to as high as 1.42% earlier in the day.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices were steady on Friday and poised for a weekly loss after U.S. President Donald Trump delayed a decision on entering the Israel-Iran conflict.
Spot gold XAU= was little changed at $3,368.68 an ounce, as of 0142 p.m. EDT (1742 GMT), its lowest since June 12, while the index was down 1.8% for the week.
For a full report, click on GOL/
- - - -
IRON ORE - Prices of Dalian iron ore futures rose on Friday, but held nearly flat for the week as investors weighed resilient demand for the steelmaking ingredient in top consumer China against a persistent slump in the country's property market.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 0.93% higher at 703 yuan ($97.85) a metric ton, and dipped 0.07% for the week.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices rebounded on Friday after U.S. President Donald Trump pushed back a decision on U.S. military involvement in the Israel-Iran conflict, but gains were capped by uncertainty over tariffs and Chinese demand.
Three-month copper on the London Metal Exchange CMCU3 was up 0.3% at $9,642 a metric ton by 1600 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil is likely to rise by $3-5 per barrel when trading resumes on Sunday evening after the U.S. attacked Iran at the weekend, market analysts said, with gains expected to accelerate only if Iran retaliates hard and causes a major oil supply disruption.
Brent settled at $77.01 a barrel on Friday and U.S. West Texas Intermediate CLc1 at $73.84.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures ended higher on Friday, logging a sixth consecutive weekly gain, despite weak demand in key markets.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange rose 11 ringgit, or 0.27%, to 4,115 ringgit ($968.24) a metric ton, the highest closing price since April 15.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures eased on Friday on softer demand for the tyre-making material in top consumer China, though the contract posted weekly gains as wet weather sparked supply concerns.
The Osaka Exchange (OSE) rubber contract for November delivery JRUc6, 0#2JRU: ended daytime trade 2.9 yen lower, or 0.97%, at 295.4 yen ($2.03) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
June 23 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8,505.50 | -18.20 | NZX 50** | 12569.05 | -58.27 |
DJIA** | 42206.82 | 35.16 | NIKKEI** | 38403.23 | -85.11 |
Nasdaq** | 19,447.41 | -98.863 | FTSE** | 8,774.65 | -17.15 |
S&P 500** | 5967.84 | -13.03 | Hang Seng** | 23,530.48 | 292.74 |
SPI 200 Fut | 8,469.00 | -20 | STI** | 3883.43 | -10.75 |
SSEC** | 3,359.90 | -2.21 | KOSPI** | 3,021.84 | 44.10 |
----------------------------------------------------------------------------------------
Bonds | Net Chng | Bonds | Net Chng | ||
JP 10 YR Bond | 1.3910 | -0.0070 | KR 10 YR Bond | 2.864 | -0.021 |
AU 10 YR Bond | 4.1930 | -0.0270 | US 10 YR Bond | 4.3771 | - |
NZ 10 YR Bond | 4.6180 | -0.0100 | US 30 YR Bond | 4.8897 | - |
----------------------------------------------------------------------------------------
Currencies | Net Chng | Net Chng | |||
SGD US$ | 1.2872 | -0.0002 | KRW US$ | 1,372.840 | -3.6 |
AUD US$ | 0.6431 | -0.00215 | NZD US$ | 0.5949 | -0.0011 |
EUR US$ | 1.1465 | -0.0057 | Yen US$ | 146.1400 | 0.07 |
THB US$ | 32.7900 | 0.04 | PHP US$ | 57.1800 | 0.05 |
IDR US$ | 16,380 | -10 | INR US$ | 86.5600 | -0.253 |
MYR US$ | 4.2500 | -0.007 | TWD US$ | 29.5290 | -0.092 |
CNY US$ | 7.1820 | -0.005 | HKD US$ | 7.8493 | -0.0006 |
----------------------------------------------------------------------------------------
Commodities | Net Chng | Net Chng | |||
Spot Gold | 3,367.98 | -2.4177 | Silver (Lon) | 35.987 | -0.3977 |
U.S. Gold Fut | 3385.7 | 2.9 | Brent Crude | 77.01 | -1.84 |
Iron Ore | CNY703 | 5 | TRJCRB Index | - | - |
TOCOM Rubber | 294.9 | -0.5 | LME Copper | 9,620 | -36 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1948 GMT
EQUITIES
GLOBAL - Major Wall Street indexes closed lower on Friday while oil prices fell after U.S. President Donald Trump held back from immediate military action in the Israel-Iran conflict.
MSCI's gauge of stocks across the globe .MIWD00000PUS fell 0.01% on the day.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The S&P 500 and Nasdaq ended lower on Friday, with investors on edge over the Iran-Israel conflict heading into the weekend, as the U.S. considers whether to get involved.
The Dow Jones Industrial Average .DJI rose 35.16 points, or 0.08%, to 42,206.82, the S&P 500 .SPX lost 13.03 points, or 0.22%, to 5,967.84 and the Nasdaq Composite .IXIC lost 98.86 points, or 0.51%, to 19,447.41.
For a full report, click on .N
- - - -
LONDON - European stocks snapped a three-day losing streak and closed higher on Friday, as investors' nerves eased following a stall in U.S. involvement in Middle East tensions.
The pan-European STOXX 600 .STOXX closed 0.1% higher.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average gave up early gains to end lower on Friday, as geopolitical risks surrounding the Middle East conflict weighed on sentiment.
The Nikkei .N225 fell 0.22% to 38,403.23, after rising as much as 0.4% earlier in the session.
For a full report, click on .T
- - - -
SHANGHAI - Hong Kong stocks rebounded on Friday but still logged their steepest weekly decline since April, as the lack of new stimulus measures this week weighed on investor sentiment amid broader global tensions surrounding the Iran-Israel conflict.
China's blue-chip CSI300 Index .CSI300 closed 0.1% higher, while the Shanghai Composite Index .SSEC lost 0.1%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares were poised to slip at open on Monday, likely dragged by a potential fall in mining stocks, with investors adopting caution after tensions escalated in the Middle East post the U.S. strikes on Iran's nuclear sites.
The local share price index futures YAPcm1 fell 0.2% lower, a 54.7-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark ended 0.2% lower on Friday.
For a full report, click on .AX
- - - -
SEOUL - South Korea's benchmark KOSPI stock index rose above a key milestone of 3,000 points for the first time in 3-1/2 years on Friday, led by technology stocks on a post-election rally.
The KOSPI .KS11 ended the session up 44.10 points, or 1.48%, at 3,021.84, its highest close since December 9, 2021.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar rose to a three-week high against the safe-haven yen and gained ground on the Swiss franc on Friday amid signs tension in the Middle East is easing after Iran backed continued discussions with Europe on its conflict with Israel.
The dollar index, which measures the U.S. currency =USD against six peers, including the Swiss franc, the Japanese yen, and the euro, is poised to rise 0.6% this week.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan firmed against the U.S. dollar on Friday as the central bank set the daily fixing stronger and as expectations of dollar weakness supported the currency.
By 0400 GMT, the yuan CNY=CFXS was 0.08% higher at 7.1811 to the dollar after trading in a range of 7.1756 to 7.1822.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars found some footing on Friday as the Israel-Iran conflict continued but did not escalate to U.S. involvement, offering a welcome reprieve to risk assets.
The lack of an immediate U.S. attack was enough for the Aussie to edge up 0.1% to $0.6487 AUD=D3, having dived as deep as $0.6446 overnight.
For a full report, click on AUD/
- - - -
SEOUL - The KOSPI .KS11 ended the session up 44.10 points, or 1.48%, at 3,021.84, its highest close since December 9, 2021.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields fell on Friday as concerns over the conflict in Iran boosted demand for safe haven bonds and after Federal Reserve Governor Christopher Waller said the U.S. central bank should consider cutting rates at its next meeting.
The yield on benchmark U.S. 10-year notes US10YT=RR was last down 2 basis points at 4.375%.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields were on track for a weekly decline as the Israel-Iran air war entered its eighth day, with investors downplaying inflation concerns while awaiting clarity on potential U.S. involvement in the conflict.
German 10-year government bond yields DE10YT=RR, which serve as the benchmark for the wider euro zone, fell 0.5 basis points (bps) to 2.51% and were set to end the week 1.5 bps lower.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds moved in a narrow range on Friday as investors weighed strong price data in Tokyo, while a solid outcome of the Bank of Japan's bond buying operation supported sentiment.
The 10-year JGB yield JP10YTN=JBTC inched up 0.5 basis point to 1.415%, after rising to as high as 1.42% earlier in the day.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices were steady on Friday and poised for a weekly loss after U.S. President Donald Trump delayed a decision on entering the Israel-Iran conflict.
Spot gold XAU= was little changed at $3,368.68 an ounce, as of 0142 p.m. EDT (1742 GMT), its lowest since June 12, while the index was down 1.8% for the week.
For a full report, click on GOL/
- - - -
IRON ORE - Prices of Dalian iron ore futures rose on Friday, but held nearly flat for the week as investors weighed resilient demand for the steelmaking ingredient in top consumer China against a persistent slump in the country's property market.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 0.93% higher at 703 yuan ($97.85) a metric ton, and dipped 0.07% for the week.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices rebounded on Friday after U.S. President Donald Trump pushed back a decision on U.S. military involvement in the Israel-Iran conflict, but gains were capped by uncertainty over tariffs and Chinese demand.
Three-month copper on the London Metal Exchange CMCU3 was up 0.3% at $9,642 a metric ton by 1600 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil is likely to rise by $3-5 per barrel when trading resumes on Sunday evening after the U.S. attacked Iran at the weekend, market analysts said, with gains expected to accelerate only if Iran retaliates hard and causes a major oil supply disruption.
Brent settled at $77.01 a barrel on Friday and U.S. West Texas Intermediate CLc1 at $73.84.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures ended higher on Friday, logging a sixth consecutive weekly gain, despite weak demand in key markets.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange rose 11 ringgit, or 0.27%, to 4,115 ringgit ($968.24) a metric ton, the highest closing price since April 15.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures eased on Friday on softer demand for the tyre-making material in top consumer China, though the contract posted weekly gains as wet weather sparked supply concerns.
The Osaka Exchange (OSE) rubber contract for November delivery JRUc6, 0#2JRU: ended daytime trade 2.9 yen lower, or 0.97%, at 295.4 yen ($2.03) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
June 19 (Reuters) -
Stock Markets | closing level) | Net Chng | Stock Markets |
| Net Chng |
S&P/ASX 200** | 8531.2 | -10.1 | NZX 50** | 12627.32 | −12.03 |
DJIA | 42325.14 | 107.89 | NIKKEI** | 38885.15 | 348.41 |
Nasdaq | 19620.21 | 99.119 | FTSE** | 8843.47 | 9.44 |
S&P 500 | 6002.19 | 19.47 | Hang Seng** | 23710.69 | -269.61 |
SPI 200 Fut | 8529 | -20 | STI** | 3920.81 | -9.83 |
SSEC** | 3388.8086 | 1.4037 | KOSPI** | 2972.19 | 21.89 |
----------------------------------------------------------------------------------------
Bonds |
|
| Bonds |
|
|
JP 10 YR Bond | 1.445 | -0.03 | KR 10 YR Bond | 9790.03 | -14.58 |
AU 10 YR Bond | 88.098 | 0.27 | US 10 YR Bond | 99.078125 | 0.203125 |
NZ 10 YR Bond | 98.988 | 0.039 | US 30 YR Bond | 98.1875 | 0.40625 |
----------------------------------------------------------------------------------------
Currencies |
|
|
|
|
|
SGD US$ | 1.2843 | -0.001 | KRW US$ | 1373.54 | -7.72 |
AUD US$ | 0.6511 | 0.0037 | NZD US$ | 0.6034 | 0.0023 |
EUR US$ | 1.1496 | 0.0017 | Yen US$ | 144.74 | -0.53 |
THB US$ | 32.62 | 0.05 | PHP US$ | 57.054 | 0.798 |
IDR US$ | 16295 | 20 | INR US$ | 86.4020 | 0.112 |
MYR US$ | 4.2480 | 0.005 | TWD US$ | 29.543 | -0.104 |
CNY US$ | 7.1888 | 0.0043 | HKD US$ | 7.8498 | 0.0002 |
----------------------------------------------------------------------------------------
Commodities |
|
|
|
|
|
Spot Gold | 3389.84 | 1.4694 | Silver (Lon) | 36.8916 | -0.36 |
U.S. Gold Fut | 3408.4 | 1.5 | Brent Crude | 76.73 | 0.0900 |
Iron Ore | 695.5 | 2.5 | TRJCRB Index | - | - |
TOCOM Rubber | 306.6 | 1.6 | Copper | 9659 | -10 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1716 GMT
EQUITIES
GLOBAL - Wall Street indexes posted modest gains and oil prices dipped on Wednesday as investors weighed the impacts of a Middle East conflict and a U.S. rate decision on a global economy already grappling with uncertainty stemming from U.S. economic policy.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street indexes posted modest gains and oil prices dipped on Wednesday as investors weighed the impacts of a Middle East conflict and a U.S. rate decision on a global economy already grappling with uncertainty stemming from U.S. economic policy.
At 11:36 a.m. ET, the Dow Jones Industrial Average .DJI rose 168.44 points, or 0.40%, to 42,384.24, the S&P 500 .SPX gained 23.78 points, or 0.40%, to 6,006.50 and the Nasdaq Composite .IXIC gained 107.85 points, or 0.55%, to 19,628.94.
For a full report, click on .N
- - - -
LONDON - European shares declined on Wednesday as investors awaited the Federal Reserve's monetary policy decision, with ongoing tensions in the Middle East adding to market uncertainty.
The pan-European STOXX 600 index .STOXX closed 0.4% down, at a near one-month low.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average touched a four-month high on Wednesday, boosted by a weaker yen even as investors kept a wary eye on the rapidly escalating conflict between Israel and Iran.
The Nikkei .N225 ended the day up 0.9% at the session's high of 38,885.15, a level last seen on February 20.
For a full report, click on .T
- - - -
SHANGHAI - China stocks ended slightly higher on Wednesday as top financial regulators at the annual Lujiazui Forum delivered few fresh policy signals. Hong Kong shares fell as geopolitical tensions heightened.
China's blue-chip CSI300 Index .CSI300 edged up 0.1%, while the Shanghai Composite Index .SSEC was roughly flat.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares edged lower on Wednesday as losses in mining and gold stocks offset energy and technology gains, while investors remained cautious due to the ongoing Israel-Iran conflict.
The S&P/ASX 200 index .AXJO fell 0.1% to close at 8,531.2 points. The benchmark fell 0.1% on Tuesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares climbed on Wednesday, closing at their highest levels in nearly 3-1/2 years, as tech stocks resumed their rally on policy optimism surrounding artificial intelligence and cryptocurrencies.
The benchmark KOSPI .KS11 closed up 21.89 points, or 0.74%, at 2,972.19, its highest closing level since January 12, 2022.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar traded mostly lower against the yen and edged higher against the Swiss franc on Wednesday as fighting between Israel and Iranspurred investors to scoop up safe havens, while a pending Federal Reserverates decisionrestrained volatility.
Against the yen JPY=EBS, the dollar fell 0.27% to 144.88 and was steady against the franc CHF=EBS at 0.8169 francs.
For a full report, click on USD/
- - - -
SHANGHAI - Chinese yuan was mostly unchanged against the U.S. dollar on Wednesday after regulators vowed to maintain stability.
The yuan CNY=CFXS was traded at 7.1877 to the dollar by 0240 GMT, little changed from previous close.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars attempted to recover from an overnight slump on Wednesday, although much will depend on developments in the Israel-Iran conflict as President Donald Trump warned U.S. patience is wearing thin.
The Aussie AUD=D3 bounced 0.4% on Wednesday to $0.6496, having slid 0.8% overnight to as low as $0.6467.
For a full report, click on AUD/
- - - -
SEOUL - The won was quoted at 1,369.4 per dollar on the onshore settlement platform KRW=KFTC, 0.34% higher than its previous close at 1,374.0.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields fell on Wednesday as concerns over the war in Iran boosted safe haven demand for the debt, before Federal Reserve policymakers on Wednesday are due to update their economic and interest rate projections.
The yield on benchmark U.S. 10-year notes US10YT=RR was last down 2.8 basis points on the day at 4.363%.
For a full report, click on US/
- - - -
LONDON - Euro zone bond yields eased slightly on Wednesday with traders awaiting the outcome of the Federal Reserve meeting later in the day for any hints about further rate cuts, and keeping a wary eye on developments in the Middle East.
Germany's 10-year bond yield DE10YT=RR was down nearly 4 basis points on the day at 2.497%, and its two-year yield was down 1.6 bps at 1.85%. DE2YT=RR
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds gained on Wednesday, tracking a rally for U.S. Treasuries overnight, as escalating tensions in the Middle East boosted demand for safe-haven assets.
The 10-year JGB yield JP10YTN=JBTC was down 2 basis points (bps) at 1.455%, as of 0413 GMT, tracking a more than 6 bps drop in equivalent U.S. Treasuries overnight.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices were little changed on Wednesday as investors waited for the Federal Reserve's policy decision and comments from Chair Jerome Powell, while platinum surged to a more than four-year peak.
Spot gold XAU= was steady at $3,387.89 an ounce by 1145 a.m. EDT (1545 GMT).
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures fell on Wednesday and were on track for a fifth session of declines, pressured by slowing demand for the steelmaking material in top consumer China.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 0.5% lower at 695.5 yuan ($96.79) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices steadied on Wednesday due to a softer dollar ahead of a Federal Reserve decision on U.S. interest rates while the escalating conflict in the Middle East and its impact on growth and demand dominated the mood.
Benchmark copper CMCU3 on the London Metal Exchange (LME) was down 0.1% at $9,660 a metric ton at 1613 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil prices fell nearly 2% on Wednesday after gaining earlier in the session as investors weighed the chance of supply disruptions from the Iran-Israel conflict and potential direct U.S. involvement.
Brent crude futures LCOc1 fell $1.40, or 1.8%, to $76.73 a barrel by 10:41 a.m. EDT.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures closed higher on Wednesday, supported by gains in rival soyoil in Dalian and Chicago markets and a weaker ringgit.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange gained 37 ringgit, or 0.91%, to 4,101 ringgit ($965.40) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures rose to their highest in 2-1/2 weeks on Wednesday as a stronger Nikkei bolstered investor sentiment, while wet weather in production areas triggered supply concerns.
The Osaka Exchange (OSE) rubber contract for November delivery JRUc6, 0#2JRU: ended daytime trade 8 yen higher, or 2.69%, at 305 yen ($2.11) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
June 19 (Reuters) -
Stock Markets | closing level) | Net Chng | Stock Markets |
| Net Chng |
S&P/ASX 200** | 8531.2 | -10.1 | NZX 50** | 12627.32 | −12.03 |
DJIA | 42325.14 | 107.89 | NIKKEI** | 38885.15 | 348.41 |
Nasdaq | 19620.21 | 99.119 | FTSE** | 8843.47 | 9.44 |
S&P 500 | 6002.19 | 19.47 | Hang Seng** | 23710.69 | -269.61 |
SPI 200 Fut | 8529 | -20 | STI** | 3920.81 | -9.83 |
SSEC** | 3388.8086 | 1.4037 | KOSPI** | 2972.19 | 21.89 |
----------------------------------------------------------------------------------------
Bonds |
|
| Bonds |
|
|
JP 10 YR Bond | 1.445 | -0.03 | KR 10 YR Bond | 9790.03 | -14.58 |
AU 10 YR Bond | 88.098 | 0.27 | US 10 YR Bond | 99.078125 | 0.203125 |
NZ 10 YR Bond | 98.988 | 0.039 | US 30 YR Bond | 98.1875 | 0.40625 |
----------------------------------------------------------------------------------------
Currencies |
|
|
|
|
|
SGD US$ | 1.2843 | -0.001 | KRW US$ | 1373.54 | -7.72 |
AUD US$ | 0.6511 | 0.0037 | NZD US$ | 0.6034 | 0.0023 |
EUR US$ | 1.1496 | 0.0017 | Yen US$ | 144.74 | -0.53 |
THB US$ | 32.62 | 0.05 | PHP US$ | 57.054 | 0.798 |
IDR US$ | 16295 | 20 | INR US$ | 86.4020 | 0.112 |
MYR US$ | 4.2480 | 0.005 | TWD US$ | 29.543 | -0.104 |
CNY US$ | 7.1888 | 0.0043 | HKD US$ | 7.8498 | 0.0002 |
----------------------------------------------------------------------------------------
Commodities |
|
|
|
|
|
Spot Gold | 3389.84 | 1.4694 | Silver (Lon) | 36.8916 | -0.36 |
U.S. Gold Fut | 3408.4 | 1.5 | Brent Crude | 76.73 | 0.0900 |
Iron Ore | 695.5 | 2.5 | TRJCRB Index | - | - |
TOCOM Rubber | 306.6 | 1.6 | Copper | 9659 | -10 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1716 GMT
EQUITIES
GLOBAL - Wall Street indexes posted modest gains and oil prices dipped on Wednesday as investors weighed the impacts of a Middle East conflict and a U.S. rate decision on a global economy already grappling with uncertainty stemming from U.S. economic policy.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street indexes posted modest gains and oil prices dipped on Wednesday as investors weighed the impacts of a Middle East conflict and a U.S. rate decision on a global economy already grappling with uncertainty stemming from U.S. economic policy.
At 11:36 a.m. ET, the Dow Jones Industrial Average .DJI rose 168.44 points, or 0.40%, to 42,384.24, the S&P 500 .SPX gained 23.78 points, or 0.40%, to 6,006.50 and the Nasdaq Composite .IXIC gained 107.85 points, or 0.55%, to 19,628.94.
For a full report, click on .N
- - - -
LONDON - European shares declined on Wednesday as investors awaited the Federal Reserve's monetary policy decision, with ongoing tensions in the Middle East adding to market uncertainty.
The pan-European STOXX 600 index .STOXX closed 0.4% down, at a near one-month low.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average touched a four-month high on Wednesday, boosted by a weaker yen even as investors kept a wary eye on the rapidly escalating conflict between Israel and Iran.
The Nikkei .N225 ended the day up 0.9% at the session's high of 38,885.15, a level last seen on February 20.
For a full report, click on .T
- - - -
SHANGHAI - China stocks ended slightly higher on Wednesday as top financial regulators at the annual Lujiazui Forum delivered few fresh policy signals. Hong Kong shares fell as geopolitical tensions heightened.
China's blue-chip CSI300 Index .CSI300 edged up 0.1%, while the Shanghai Composite Index .SSEC was roughly flat.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares edged lower on Wednesday as losses in mining and gold stocks offset energy and technology gains, while investors remained cautious due to the ongoing Israel-Iran conflict.
The S&P/ASX 200 index .AXJO fell 0.1% to close at 8,531.2 points. The benchmark fell 0.1% on Tuesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares climbed on Wednesday, closing at their highest levels in nearly 3-1/2 years, as tech stocks resumed their rally on policy optimism surrounding artificial intelligence and cryptocurrencies.
The benchmark KOSPI .KS11 closed up 21.89 points, or 0.74%, at 2,972.19, its highest closing level since January 12, 2022.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar traded mostly lower against the yen and edged higher against the Swiss franc on Wednesday as fighting between Israel and Iranspurred investors to scoop up safe havens, while a pending Federal Reserverates decisionrestrained volatility.
Against the yen JPY=EBS, the dollar fell 0.27% to 144.88 and was steady against the franc CHF=EBS at 0.8169 francs.
For a full report, click on USD/
- - - -
SHANGHAI - Chinese yuan was mostly unchanged against the U.S. dollar on Wednesday after regulators vowed to maintain stability.
The yuan CNY=CFXS was traded at 7.1877 to the dollar by 0240 GMT, little changed from previous close.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars attempted to recover from an overnight slump on Wednesday, although much will depend on developments in the Israel-Iran conflict as President Donald Trump warned U.S. patience is wearing thin.
The Aussie AUD=D3 bounced 0.4% on Wednesday to $0.6496, having slid 0.8% overnight to as low as $0.6467.
For a full report, click on AUD/
- - - -
SEOUL - The won was quoted at 1,369.4 per dollar on the onshore settlement platform KRW=KFTC, 0.34% higher than its previous close at 1,374.0.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields fell on Wednesday as concerns over the war in Iran boosted safe haven demand for the debt, before Federal Reserve policymakers on Wednesday are due to update their economic and interest rate projections.
The yield on benchmark U.S. 10-year notes US10YT=RR was last down 2.8 basis points on the day at 4.363%.
For a full report, click on US/
- - - -
LONDON - Euro zone bond yields eased slightly on Wednesday with traders awaiting the outcome of the Federal Reserve meeting later in the day for any hints about further rate cuts, and keeping a wary eye on developments in the Middle East.
Germany's 10-year bond yield DE10YT=RR was down nearly 4 basis points on the day at 2.497%, and its two-year yield was down 1.6 bps at 1.85%. DE2YT=RR
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds gained on Wednesday, tracking a rally for U.S. Treasuries overnight, as escalating tensions in the Middle East boosted demand for safe-haven assets.
The 10-year JGB yield JP10YTN=JBTC was down 2 basis points (bps) at 1.455%, as of 0413 GMT, tracking a more than 6 bps drop in equivalent U.S. Treasuries overnight.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices were little changed on Wednesday as investors waited for the Federal Reserve's policy decision and comments from Chair Jerome Powell, while platinum surged to a more than four-year peak.
Spot gold XAU= was steady at $3,387.89 an ounce by 1145 a.m. EDT (1545 GMT).
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures fell on Wednesday and were on track for a fifth session of declines, pressured by slowing demand for the steelmaking material in top consumer China.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 0.5% lower at 695.5 yuan ($96.79) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices steadied on Wednesday due to a softer dollar ahead of a Federal Reserve decision on U.S. interest rates while the escalating conflict in the Middle East and its impact on growth and demand dominated the mood.
Benchmark copper CMCU3 on the London Metal Exchange (LME) was down 0.1% at $9,660 a metric ton at 1613 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil prices fell nearly 2% on Wednesday after gaining earlier in the session as investors weighed the chance of supply disruptions from the Iran-Israel conflict and potential direct U.S. involvement.
Brent crude futures LCOc1 fell $1.40, or 1.8%, to $76.73 a barrel by 10:41 a.m. EDT.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures closed higher on Wednesday, supported by gains in rival soyoil in Dalian and Chicago markets and a weaker ringgit.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange gained 37 ringgit, or 0.91%, to 4,101 ringgit ($965.40) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures rose to their highest in 2-1/2 weeks on Wednesday as a stronger Nikkei bolstered investor sentiment, while wet weather in production areas triggered supply concerns.
The Osaka Exchange (OSE) rubber contract for November delivery JRUc6, 0#2JRU: ended daytime trade 8 yen higher, or 2.69%, at 305 yen ($2.11) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
June 16 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 0.00 | 0.00 | NZX 50 | 0.00 | 0.00 |
DJIA | 42,197.79 | -769.83 | NIKKEI | 37,834.25 | -338.84 |
Nasdaq | 19,406.83 | -255.66 | FTSE | 8,850.63 | -34.29 |
S&P 500 | 5976.97 | -68.29 | Hang Seng | 23,892.56 | -142.82 |
SPI 200 Fut | 8,532.00 | -20 | STI | 3911.42 | -10.78 |
SSEC | 3,377.00 | -25.66 | KOSPI | 0.00 | 0.00 |
Bonds |
|
| Bonds |
|
|
JP 10 YR Bond | 1.41 | -0.045 | KR 10 YR Bond | 9835.59 | 12.52 |
AU 10 YR Bond | 88.422 | -0.189 | US 10 YR Bond | 98.75 | 0.46875 |
NZ 10 YR Bond | 99.365 | 0.055 | US 30 YR Bond | 97.65625 | 1.078125 |
----------------------------------------------------------------------------------------
Currencies |
| Net Chng |
|
| Net Chng |
SGD US$ | 1.2824 | 0.0012 | KRW US$ | 1366.61 | 11.7 |
AUD US$ | 0.6483 | -0.0003 | NZD US$ | 0.6010 | 0.0002 |
EUR US$ | 1.1527 | -0.0025 | Yen US$ | 143.86 | -0.23 |
THB US$ | 32.37 | 0.01 | PHP US$ | 56.191 | 0.511 |
IDR US$ | 16290 | 60 | INR US$ | 86.0810 | 0.528 |
MYR US$ | 4.2430 | 0.026 | TWD US$ | 29.536 | 0.012 |
CNY US$ | 7.1810 | 0.0084 | HKD US$ | 7.8493 | -0.0001 |
----------------------------------------------------------------------------------------
Commodities |
|
|
|
|
|
Spot Gold | 3432.1865 | 48.1416 | Silver (Lon) | 36.29 | -0.085 |
U.S. Gold Fut | 3408.2 | 64.5 | Brent Crude | 74.23 | 4.87 |
Iron Ore | 703 | 2.5 | TRJCRB Index | - | - |
TOCOM Rubber | 292.5 | 0.3 | Copper | 9647.5 | -54.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1941 GMT
EQUITIES
GLOBAL - World stock markets fell on Friday, and oil prices surged, as Israel launched military strikes on Iran, sparking inflows into safe havens such as gold and the dollar.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street ended sharply lower on Friday after Iran launched missiles at Israel in response to intensive Israeli strikes aimed at crippling Tehran's ability to build nuclear weapons.
For a full report, click on .N
- - - -
LONDON - European shares closed lower on Friday as Israel's wide-scale strike against Iran triggered a broad market selloff, with investors rushing to safe-haven assets amid an already uncertain trade environment.
The pan-European STOXX 600 index .STOXX fell 0.9%, briefly hitting its lowest level in three-weeks.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average fell on Friday as investors sold riskier assets after Israel launched widescale strikes against Iran, stoking worries about geopolitical risks.
The Nikkei .N225 fell 0.89% to close at 37,834.25, mirroring moves in U.S. stock futures, but posted a 1.14% gain for the week.
For a full report, click on .T
- - - -
SHANGHAI - Mainland China and Hong Kong stocks slipped on Friday, mirroring losses across regional markets, as investors rushed toward safe-haven assets in response to Israeli strikes on Iran that escalated tensions in the Middle East.
At the close, the Shanghai Composite index .SSEC ended 0.75% lower at 3,377.00 points, while the blue-chip CSI300 index .CSI300 dropped 0.72% to 3,864.18 points.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares were set to open slightly lower on Monday as investors stayed on the sidelines to assess implications of the escalating Middle East tensions.
The local share price index futures YAPcm1 slightly fell 0.2, a 15.4-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.2% on Friday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares snapped a seven-session rally on Friday, as risk appetite waned across global financial markets on heightened geopolitical tension in the Middle East.
The benchmark KOSPI .KS11 closed down 25.41 points, or 0.87%, at 2,894.62.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar advanced against major currencies, including the euro and yen, on Friday as markets grabbed safe-haven assets as geopolitical tensions in the Middle East following an Israeli attack on Iran.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, climbed 0.5% to 98.2, snapping two straight sessions of losses.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan eased against the U.S. dollar on Friday, retreating from a more than two-week high reached overnight, as the greenback rebounded after Israel launched strikes on Iran.
The spot yuan CNY=CFXS opened at 7.1799 per dollar and was last trading at 7.1767 as of 0253 GMT, 52 pips lower than the previous late session close.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars tumbled on Friday as Israel's strike on Iran hammered global stocks and drove investors into safe-haven assets, with domestic bond yields diving to over a month lows.
The Aussie plunged 0.9% to $0.6474 AUD=D3, having risen 0.5% overnight to as high as $0.6534.
For a full report, click on AUD/
- - - -
SEOUL - The won weakened, while the benchmark bond yield fell.
The won was quoted 0.91% lower at 1,369.6 per dollar on the onshore settlement platform KRW=KFTC
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields rose Friday afternoon, on track to snap a four-day losing streak after Israel's strike on Iran shocked markets, pushing oil prices higher and pressuring stocks.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB was last up 6.7 basis points to 4.424%, nevertheless leaving it down about 8 basis points for the week.
For a full report, click on US/
- - - -
LONDON - Euro zone benchmark Bund yields edged up on Friday after briefly hitting three-month lows, as a rush into safe-haven government bonds following Israel's strikes on Iran faded.
German 10-year Bund yields DE10YT=RR rose nearly 5 basis points (bps) to 2.525%, having marked a session low of 2.422%, the lowest since March 3.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds (JGBs) rose on Friday as investors bought safe-haven assets after Israel said it attacked Iranian nuclear targets, stoking geopolitical worries.
The 10-year JGB yield JP10YTN=JBTC fell to as low as 1.385%, its lowest since May 12.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices soared on Friday as investors flocked to safe-haven assets following Israeli airstrikes on Iran, re-igniting fears of a broader conflict in the Middle East.
Spot gold XAU= rose 1.3% at $3,428.10 an ounce as of 1:49 p.m. EDT (1749 GMT), coming within striking distance of its record high of $3,500.05 set in April.
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures extended their decline for a second straight session on Friday and are set to log a weekly loss, as U.S. President Donald Trump's plan to impose a 50% tariff on an additional range of "steel derivative products" weighed.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 0.14% lower at 703 yuan ($97.90) a metric ton, posting a weekly drop of 0.7%.
For a full report, click on IRONORE/
- - - -
BASE METALS - Prices of copper and other industrial metals fell on Friday, weighed down by a stronger dollar as investors sold risky assets after Israel attacked Iran.
Benchmark three-month copper CMCU3 on the London Metal Exchange shed 0.5% to $9,653 a metric ton by 1600 GMT after touching $9,532, the weakest since June 3.
For a full report, click on MET/L
- - - -
OIL - Oil prices jumped on Friday and settled 7% higher as Israel and Iran traded air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East.
Brent crude futures LCOc1 settled at $74.23 a barrel, up $4.87, or 7.02%, after earlier soaring over 13% to an intraday high of $78.50, the strongest level since January 27.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures closed higher on Friday, tracking soaring crude oil prices and rival edible oils in Dalian and Chicago amid geopolitical concerns, and booked a five-week streak of gains.
The benchmark palm oil contract FCPOc3 for August delivery on the Bursa Malaysia Derivatives Exchange gained 88 ringgit, or 2.29%, to 3,927 ringgit ($925.52) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures rose on Friday, as Israel's strikes on Iran sent oil prices soaring and Asian markets lower.
The Osaka Exchange (OSE) rubber contract for November delivery JRUc6, 0#2JRU: was up 0.45% at 292.2 yen per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
June 16 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 0.00 | 0.00 | NZX 50 | 0.00 | 0.00 |
DJIA | 42,197.79 | -769.83 | NIKKEI | 37,834.25 | -338.84 |
Nasdaq | 19,406.83 | -255.66 | FTSE | 8,850.63 | -34.29 |
S&P 500 | 5976.97 | -68.29 | Hang Seng | 23,892.56 | -142.82 |
SPI 200 Fut | 8,532.00 | -20 | STI | 3911.42 | -10.78 |
SSEC | 3,377.00 | -25.66 | KOSPI | 0.00 | 0.00 |
Bonds |
|
| Bonds |
|
|
JP 10 YR Bond | 1.41 | -0.045 | KR 10 YR Bond | 9835.59 | 12.52 |
AU 10 YR Bond | 88.422 | -0.189 | US 10 YR Bond | 98.75 | 0.46875 |
NZ 10 YR Bond | 99.365 | 0.055 | US 30 YR Bond | 97.65625 | 1.078125 |
----------------------------------------------------------------------------------------
Currencies |
| Net Chng |
|
| Net Chng |
SGD US$ | 1.2824 | 0.0012 | KRW US$ | 1366.61 | 11.7 |
AUD US$ | 0.6483 | -0.0003 | NZD US$ | 0.6010 | 0.0002 |
EUR US$ | 1.1527 | -0.0025 | Yen US$ | 143.86 | -0.23 |
THB US$ | 32.37 | 0.01 | PHP US$ | 56.191 | 0.511 |
IDR US$ | 16290 | 60 | INR US$ | 86.0810 | 0.528 |
MYR US$ | 4.2430 | 0.026 | TWD US$ | 29.536 | 0.012 |
CNY US$ | 7.1810 | 0.0084 | HKD US$ | 7.8493 | -0.0001 |
----------------------------------------------------------------------------------------
Commodities |
|
|
|
|
|
Spot Gold | 3432.1865 | 48.1416 | Silver (Lon) | 36.29 | -0.085 |
U.S. Gold Fut | 3408.2 | 64.5 | Brent Crude | 74.23 | 4.87 |
Iron Ore | 703 | 2.5 | TRJCRB Index | - | - |
TOCOM Rubber | 292.5 | 0.3 | Copper | 9647.5 | -54.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1941 GMT
EQUITIES
GLOBAL - World stock markets fell on Friday, and oil prices surged, as Israel launched military strikes on Iran, sparking inflows into safe havens such as gold and the dollar.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street ended sharply lower on Friday after Iran launched missiles at Israel in response to intensive Israeli strikes aimed at crippling Tehran's ability to build nuclear weapons.
For a full report, click on .N
- - - -
LONDON - European shares closed lower on Friday as Israel's wide-scale strike against Iran triggered a broad market selloff, with investors rushing to safe-haven assets amid an already uncertain trade environment.
The pan-European STOXX 600 index .STOXX fell 0.9%, briefly hitting its lowest level in three-weeks.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average fell on Friday as investors sold riskier assets after Israel launched widescale strikes against Iran, stoking worries about geopolitical risks.
The Nikkei .N225 fell 0.89% to close at 37,834.25, mirroring moves in U.S. stock futures, but posted a 1.14% gain for the week.
For a full report, click on .T
- - - -
SHANGHAI - Mainland China and Hong Kong stocks slipped on Friday, mirroring losses across regional markets, as investors rushed toward safe-haven assets in response to Israeli strikes on Iran that escalated tensions in the Middle East.
At the close, the Shanghai Composite index .SSEC ended 0.75% lower at 3,377.00 points, while the blue-chip CSI300 index .CSI300 dropped 0.72% to 3,864.18 points.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares were set to open slightly lower on Monday as investors stayed on the sidelines to assess implications of the escalating Middle East tensions.
The local share price index futures YAPcm1 slightly fell 0.2, a 15.4-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.2% on Friday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares snapped a seven-session rally on Friday, as risk appetite waned across global financial markets on heightened geopolitical tension in the Middle East.
The benchmark KOSPI .KS11 closed down 25.41 points, or 0.87%, at 2,894.62.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar advanced against major currencies, including the euro and yen, on Friday as markets grabbed safe-haven assets as geopolitical tensions in the Middle East following an Israeli attack on Iran.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, climbed 0.5% to 98.2, snapping two straight sessions of losses.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan eased against the U.S. dollar on Friday, retreating from a more than two-week high reached overnight, as the greenback rebounded after Israel launched strikes on Iran.
The spot yuan CNY=CFXS opened at 7.1799 per dollar and was last trading at 7.1767 as of 0253 GMT, 52 pips lower than the previous late session close.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars tumbled on Friday as Israel's strike on Iran hammered global stocks and drove investors into safe-haven assets, with domestic bond yields diving to over a month lows.
The Aussie plunged 0.9% to $0.6474 AUD=D3, having risen 0.5% overnight to as high as $0.6534.
For a full report, click on AUD/
- - - -
SEOUL - The won weakened, while the benchmark bond yield fell.
The won was quoted 0.91% lower at 1,369.6 per dollar on the onshore settlement platform KRW=KFTC
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields rose Friday afternoon, on track to snap a four-day losing streak after Israel's strike on Iran shocked markets, pushing oil prices higher and pressuring stocks.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB was last up 6.7 basis points to 4.424%, nevertheless leaving it down about 8 basis points for the week.
For a full report, click on US/
- - - -
LONDON - Euro zone benchmark Bund yields edged up on Friday after briefly hitting three-month lows, as a rush into safe-haven government bonds following Israel's strikes on Iran faded.
German 10-year Bund yields DE10YT=RR rose nearly 5 basis points (bps) to 2.525%, having marked a session low of 2.422%, the lowest since March 3.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds (JGBs) rose on Friday as investors bought safe-haven assets after Israel said it attacked Iranian nuclear targets, stoking geopolitical worries.
The 10-year JGB yield JP10YTN=JBTC fell to as low as 1.385%, its lowest since May 12.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices soared on Friday as investors flocked to safe-haven assets following Israeli airstrikes on Iran, re-igniting fears of a broader conflict in the Middle East.
Spot gold XAU= rose 1.3% at $3,428.10 an ounce as of 1:49 p.m. EDT (1749 GMT), coming within striking distance of its record high of $3,500.05 set in April.
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures extended their decline for a second straight session on Friday and are set to log a weekly loss, as U.S. President Donald Trump's plan to impose a 50% tariff on an additional range of "steel derivative products" weighed.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 0.14% lower at 703 yuan ($97.90) a metric ton, posting a weekly drop of 0.7%.
For a full report, click on IRONORE/
- - - -
BASE METALS - Prices of copper and other industrial metals fell on Friday, weighed down by a stronger dollar as investors sold risky assets after Israel attacked Iran.
Benchmark three-month copper CMCU3 on the London Metal Exchange shed 0.5% to $9,653 a metric ton by 1600 GMT after touching $9,532, the weakest since June 3.
For a full report, click on MET/L
- - - -
OIL - Oil prices jumped on Friday and settled 7% higher as Israel and Iran traded air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East.
Brent crude futures LCOc1 settled at $74.23 a barrel, up $4.87, or 7.02%, after earlier soaring over 13% to an intraday high of $78.50, the strongest level since January 27.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures closed higher on Friday, tracking soaring crude oil prices and rival edible oils in Dalian and Chicago amid geopolitical concerns, and booked a five-week streak of gains.
The benchmark palm oil contract FCPOc3 for August delivery on the Bursa Malaysia Derivatives Exchange gained 88 ringgit, or 2.29%, to 3,927 ringgit ($925.52) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures rose on Friday, as Israel's strikes on Iran sent oil prices soaring and Asian markets lower.
The Osaka Exchange (OSE) rubber contract for November delivery JRUc6, 0#2JRU: was up 0.45% at 292.2 yen per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
June 4 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8466.7 | 52.6 | NZX 50** | 12327.23 | −91.66 |
DJIA | 42483.08 | 177.6 | NIKKEI** | 37446.81 | -23.86 |
Nasdaq | 19358.362 | 115.749 | FTSE** | 8787.02 | 12.76 |
S&P 500 | 5959.52 | 23.58 | Hang Seng** | 23512.49 | 354.52 |
SPI 200 Fut | 8512 | 28 | STI** | 3894.38 | 3.79 |
SSEC** | 3361.9755 | 14.4882 | KOSPI** | 2698.97 | 1.3 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.48 | -0.025 | KR 10 YR Bond | - | - |
AU 10 YR Bond | 87.802 | 0.121 | US 10 YR Bond | 98.3125 | 0 |
NZ 10 YR Bond | 98.979 | 0.031 | US 30 YR Bond | 96.390625 | 0.171875 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2889 | 0.0039 | KRW US$ | - | - |
AUD US$ | 0.6463 | -0.003 | NZD US$ | 0.6000 | -0.0034 |
EUR US$ | 1.1375 | -0.0066 | Yen US$ | 143.85 | 1.16 |
THB US$ | 32.61 | 0.11 | PHP US$ | 55.694 | 0.089 |
IDR US$ | 16280 | 40 | INR US$ | 85.6810 | 0.355 |
MYR US$ | 4.2400 | -0.013 | TWD US$ | 29.987 | 0.001 |
CNY US$ | 7.1872 | -0.0119 | HKD US$ | 7.8452 | 0.0009 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3351.8567 | -26.7689 | Silver (Lon) | 34.4948 | -0.2952 |
U.S. Gold Fut | 3376.7 | -20.5 | Brent Crude | 65.74 | 0.56000 |
Iron Ore | CNY695.5 | -1.5 | TRJCRB Index | - | - |
TOCOM Rubber | JPY284.7 | -2.3 | LME Copper | 9638.5 | 22 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1800 GMT
EQUITIES
GLOBAL - Wall Street edged higher and the dollar rebounded on Tuesday as market participants looked past ongoing tariff wrangling and lowered economic expectations ahead of Friday's crucial U.S. employment report.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.37 points, or 0.04%, to 883.25.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - U.S. stock indexes rose on Tuesday, helped by gains in Nvidia and other chipmakers, as investors awaited possible negotiations between the United States and its trading partners for more clarity on Washington's tariff plans.
At 12:03 p.m. ET the Dow Jones Industrial Average .DJI rose 143.83 points, or 0.34%, to 42,449.44, the S&P 500 .SPX gained 29.76 points, or 0.51%, to 5,966.11 and the Nasdaq Composite .IXIC gained 155.31 points, or 0.82%, to 19,399.82.
For a full report, click on .N
- - - -
LONDON - Europe's benchmark stock index ended little changed on Tuesday, as investors ceded ground under the dual pressure of softening economic indicators and persistent global trade anxieties.
The pan-European STOXX 600 .STOXX closed flat at 548.42 points.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average dropped in the final minute of trading on Tuesday, extending its losing streak to a third day, as traders turned increasingly nervous about global trade tensions.
The Nikkei .N225 ended the day 0.06% lower at 37,446.81, with 122 of its 225 components declining, 98 rising and five ending flat.
For a full report, click on .T
- - - -
SHANGHAI - China and Hong Kong shares edged up on Tuesday, as banking stocks hit record highs and automakers rebounded, though investors remained cautious ahead of key developments later in the week.
At the close, China's blue-chip CSI300 index .CSI300 gained 0.3%, while the Shanghai Composite index .SSEC advanced 0.4%, both recovering from earlier losses
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares ended higher on Tuesday, helped by banks as investors expectations for further rate cuts were strengthened after minutes from the central bank's May meeting showed it had considered an outsized cut.
The S&P/ASX 200 index .AXJO rose 0.6% to 8,466.70 points at the close of trade.
For a full report, click on .AX
- - - -
SEOUL - South Korean financial markets will be closed on Tuesday for the country's snap presidential election. Markets will resume trade at normal hours on Wednesday, June 4.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar rose on Tuesday, pulling back from a six-week low against the euro, even as investors remained concerned about potential economic damage from the trade war waged by President Donald Trump's administration.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan weakened against the dollar on Tuesday, the first trading session after the holiday, as investors cautiously awaited fresh developments in the Sino-U.S. relations following some signs of a re-escalation of tensions.
As of 0351 GMT, the onshore yuan CNY=CFXS was 0.02% lower at 7.1974 per dollar, while its offshore counterpart CNH=D3 traded at 7.1994.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars backed away from resistance on Tuesday as soft economic data encouraged profit-taking on an overnight surge, while nudging short-term yields lower.
The see-saw action left the Aussie down 0.4% at $0.6468 AUD=D3, unwinding some of Monday's 1% rally to $0.6500 that came amid a broad tariff-inspired sell off in the U.S. dollar.
For a full report, click on AUD/
- - - -
SEOUL - South Korean financial markets will be closed on Tuesday for the country's snap presidential election. Markets will resume trade at normal hours on Wednesday, June 4.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Longer-dated U.S. Treasury yields were mostly lower on Tuesday, as investors awaited updates on tariff talks and budget negotiations, but they were off earlier lows after a report on the labor market.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB fell 2 basis points to 4.442% and was on track for its third decline in four sessions.
For a full report, click on US/
- - - -
LONDON - Long-dated euro zone government bond yields fell on Tuesday, as slowing euro zone inflation buoyed expectations for a European Central Bank rate cut this week, while a strong Japanese auction earlier lifted sentiment across big bond markets.
German 10-year bond yields were last down 2 bps to 2.503%, having earlier hit their lowest level since May 8. DE10YT=RR
For a full report, click on GVD/EUR
- - - -
TOKYO - Yields on 10-year Japanese government bonds declined on Tuesday, reversing an earlier rise, after results of an auction of the securities saw the highest demand since April last year.
Benchmark 10-year JGB futures 2JGBv1 flipped to a 0.14 yen gain to 139.16 yen.
For a full report, click on JP/
COMMODITIES
GOLD - Gold fell 1% on Tuesday after hitting a near four-week high, pressured by a firmer dollar as investors grew cautious ahead of a potential call between U.S. President Donald Trump and Chinese leader Xi Jinping.
Spot gold XAU= fell 1% to $3,346.96 an ounce as of 12:56 p.m. ET (1656 GMT), after hitting its highest since May 8, earlier in the session.
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures fell to their lowest in nearly two months on Tuesday due to demand fears sparked by President Donald Trump's plan to double tariffs on steel imports and on weak factory data in top consumer China.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 1.14% lower at 695.5 yuan ($96.69) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices steadied on Tuesday as uncertainty about U.S. tariffs policy kept the premium of U.S. copper futures against the London benchmark high, offsetting weaker-than-expected factory activity in top metals consumer China.
Benchmark three-month copper on the London Metal Exchange CMCU3 rose 0.1% to $9,622.50 per metric ton by 1631 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil prices climbed about 2% on Tuesday to a two-week high,as persistent geopolitical tensions between Russia and Ukraine and the U.S. and Iran looked set to keep sanctions on both Russia and Iran in place for longer.
Brent crude futures LCOc1 rose $1.11, or 1.7%, to $65.74 a barrel at 11:21 a.m. EDT (1521 GMT), while U.S. West Texas Intermediate (WTI) crude CLc1 rose $1.17, or 1.9%, to $63.69.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures closed higher on Tuesday, tracking stronger Dalian's edible oil market and India's reduction in basic import tax on crude edible oils.
The benchmark palm oil contract FCPOc3 for August delivery on the Bursa Malaysia Derivatives Exchange gained 56 ringgit, or 1.44%, to 3,934 ringgit ($927.83) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures slid on Tuesday to their lowest in more than a year, pressured by weak demand for the tyre-making material in top consumer China and expectations of increased supply due to seasonal tapping.
The Osaka Exchange (OSE) rubber contract for November delivery JRUc6, 0#2JRU: ended daytime trade 3.9 yen lower, or 1.34%, at 287 yen ($2.01) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
June 4 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8466.7 | 52.6 | NZX 50** | 12327.23 | −91.66 |
DJIA | 42483.08 | 177.6 | NIKKEI** | 37446.81 | -23.86 |
Nasdaq | 19358.362 | 115.749 | FTSE** | 8787.02 | 12.76 |
S&P 500 | 5959.52 | 23.58 | Hang Seng** | 23512.49 | 354.52 |
SPI 200 Fut | 8512 | 28 | STI** | 3894.38 | 3.79 |
SSEC** | 3361.9755 | 14.4882 | KOSPI** | 2698.97 | 1.3 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.48 | -0.025 | KR 10 YR Bond | - | - |
AU 10 YR Bond | 87.802 | 0.121 | US 10 YR Bond | 98.3125 | 0 |
NZ 10 YR Bond | 98.979 | 0.031 | US 30 YR Bond | 96.390625 | 0.171875 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2889 | 0.0039 | KRW US$ | - | - |
AUD US$ | 0.6463 | -0.003 | NZD US$ | 0.6000 | -0.0034 |
EUR US$ | 1.1375 | -0.0066 | Yen US$ | 143.85 | 1.16 |
THB US$ | 32.61 | 0.11 | PHP US$ | 55.694 | 0.089 |
IDR US$ | 16280 | 40 | INR US$ | 85.6810 | 0.355 |
MYR US$ | 4.2400 | -0.013 | TWD US$ | 29.987 | 0.001 |
CNY US$ | 7.1872 | -0.0119 | HKD US$ | 7.8452 | 0.0009 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3351.8567 | -26.7689 | Silver (Lon) | 34.4948 | -0.2952 |
U.S. Gold Fut | 3376.7 | -20.5 | Brent Crude | 65.74 | 0.56000 |
Iron Ore | CNY695.5 | -1.5 | TRJCRB Index | - | - |
TOCOM Rubber | JPY284.7 | -2.3 | LME Copper | 9638.5 | 22 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1800 GMT
EQUITIES
GLOBAL - Wall Street edged higher and the dollar rebounded on Tuesday as market participants looked past ongoing tariff wrangling and lowered economic expectations ahead of Friday's crucial U.S. employment report.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.37 points, or 0.04%, to 883.25.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - U.S. stock indexes rose on Tuesday, helped by gains in Nvidia and other chipmakers, as investors awaited possible negotiations between the United States and its trading partners for more clarity on Washington's tariff plans.
At 12:03 p.m. ET the Dow Jones Industrial Average .DJI rose 143.83 points, or 0.34%, to 42,449.44, the S&P 500 .SPX gained 29.76 points, or 0.51%, to 5,966.11 and the Nasdaq Composite .IXIC gained 155.31 points, or 0.82%, to 19,399.82.
For a full report, click on .N
- - - -
LONDON - Europe's benchmark stock index ended little changed on Tuesday, as investors ceded ground under the dual pressure of softening economic indicators and persistent global trade anxieties.
The pan-European STOXX 600 .STOXX closed flat at 548.42 points.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average dropped in the final minute of trading on Tuesday, extending its losing streak to a third day, as traders turned increasingly nervous about global trade tensions.
The Nikkei .N225 ended the day 0.06% lower at 37,446.81, with 122 of its 225 components declining, 98 rising and five ending flat.
For a full report, click on .T
- - - -
SHANGHAI - China and Hong Kong shares edged up on Tuesday, as banking stocks hit record highs and automakers rebounded, though investors remained cautious ahead of key developments later in the week.
At the close, China's blue-chip CSI300 index .CSI300 gained 0.3%, while the Shanghai Composite index .SSEC advanced 0.4%, both recovering from earlier losses
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares ended higher on Tuesday, helped by banks as investors expectations for further rate cuts were strengthened after minutes from the central bank's May meeting showed it had considered an outsized cut.
The S&P/ASX 200 index .AXJO rose 0.6% to 8,466.70 points at the close of trade.
For a full report, click on .AX
- - - -
SEOUL - South Korean financial markets will be closed on Tuesday for the country's snap presidential election. Markets will resume trade at normal hours on Wednesday, June 4.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar rose on Tuesday, pulling back from a six-week low against the euro, even as investors remained concerned about potential economic damage from the trade war waged by President Donald Trump's administration.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan weakened against the dollar on Tuesday, the first trading session after the holiday, as investors cautiously awaited fresh developments in the Sino-U.S. relations following some signs of a re-escalation of tensions.
As of 0351 GMT, the onshore yuan CNY=CFXS was 0.02% lower at 7.1974 per dollar, while its offshore counterpart CNH=D3 traded at 7.1994.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars backed away from resistance on Tuesday as soft economic data encouraged profit-taking on an overnight surge, while nudging short-term yields lower.
The see-saw action left the Aussie down 0.4% at $0.6468 AUD=D3, unwinding some of Monday's 1% rally to $0.6500 that came amid a broad tariff-inspired sell off in the U.S. dollar.
For a full report, click on AUD/
- - - -
SEOUL - South Korean financial markets will be closed on Tuesday for the country's snap presidential election. Markets will resume trade at normal hours on Wednesday, June 4.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Longer-dated U.S. Treasury yields were mostly lower on Tuesday, as investors awaited updates on tariff talks and budget negotiations, but they were off earlier lows after a report on the labor market.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB fell 2 basis points to 4.442% and was on track for its third decline in four sessions.
For a full report, click on US/
- - - -
LONDON - Long-dated euro zone government bond yields fell on Tuesday, as slowing euro zone inflation buoyed expectations for a European Central Bank rate cut this week, while a strong Japanese auction earlier lifted sentiment across big bond markets.
German 10-year bond yields were last down 2 bps to 2.503%, having earlier hit their lowest level since May 8. DE10YT=RR
For a full report, click on GVD/EUR
- - - -
TOKYO - Yields on 10-year Japanese government bonds declined on Tuesday, reversing an earlier rise, after results of an auction of the securities saw the highest demand since April last year.
Benchmark 10-year JGB futures 2JGBv1 flipped to a 0.14 yen gain to 139.16 yen.
For a full report, click on JP/
COMMODITIES
GOLD - Gold fell 1% on Tuesday after hitting a near four-week high, pressured by a firmer dollar as investors grew cautious ahead of a potential call between U.S. President Donald Trump and Chinese leader Xi Jinping.
Spot gold XAU= fell 1% to $3,346.96 an ounce as of 12:56 p.m. ET (1656 GMT), after hitting its highest since May 8, earlier in the session.
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures fell to their lowest in nearly two months on Tuesday due to demand fears sparked by President Donald Trump's plan to double tariffs on steel imports and on weak factory data in top consumer China.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 1.14% lower at 695.5 yuan ($96.69) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices steadied on Tuesday as uncertainty about U.S. tariffs policy kept the premium of U.S. copper futures against the London benchmark high, offsetting weaker-than-expected factory activity in top metals consumer China.
Benchmark three-month copper on the London Metal Exchange CMCU3 rose 0.1% to $9,622.50 per metric ton by 1631 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil prices climbed about 2% on Tuesday to a two-week high,as persistent geopolitical tensions between Russia and Ukraine and the U.S. and Iran looked set to keep sanctions on both Russia and Iran in place for longer.
Brent crude futures LCOc1 rose $1.11, or 1.7%, to $65.74 a barrel at 11:21 a.m. EDT (1521 GMT), while U.S. West Texas Intermediate (WTI) crude CLc1 rose $1.17, or 1.9%, to $63.69.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures closed higher on Tuesday, tracking stronger Dalian's edible oil market and India's reduction in basic import tax on crude edible oils.
The benchmark palm oil contract FCPOc3 for August delivery on the Bursa Malaysia Derivatives Exchange gained 56 ringgit, or 1.44%, to 3,934 ringgit ($927.83) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures slid on Tuesday to their lowest in more than a year, pressured by weak demand for the tyre-making material in top consumer China and expectations of increased supply due to seasonal tapping.
The Osaka Exchange (OSE) rubber contract for November delivery JRUc6, 0#2JRU: ended daytime trade 3.9 yen lower, or 1.34%, at 287 yen ($2.01) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
June 3 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8414.1 | -20.6 | NZX 50** | 12418.89 | 137.58 |
DJIA** | 42305.48 | 35.41 | NIKKEI** | 37470.67 | -494.43 |
Nasdaq** | 19242.613 | 128.847 | FTSE** | 8774.26 | 1.88 |
S&P 500** | 5935.94 | 24.25 | Hang Seng** | 23157.97 | -131.8 |
SPI 200 Fut | 8502 | 68 | STI** | 3890.59 | -4.02 |
SSEC** | 3347.4873 | -15.9582 | KOSPI** | 2698.97 | 1.3 |
----------------------------------------------------------------------------------------
Bonds | Net Chng | Bonds | Net Chng | ||
JP 10 YR Bond | 1.505 | 0.005 | KR 10 YR Bond | 10309.42 | -7.6 |
AU 10 YR Bond | 87.434 | -0.274 | US 10 YR Bond | 98.484375 | -0.171875 |
NZ 10 YR Bond | 99.285 | 0.652 | US 30 YR Bond | 96.59375 | -0.578125 |
----------------------------------------------------------------------------------------
Currencies | Net Chng | Net Chng | |||
SGD US$ | 1.2850 | -0.0057 | KRW US$ | 1376.21 | -5.79 |
AUD US$ | 0.6494 | 0.0063 | NZD US$ | 0.6040 | 0.0082 |
EUR US$ | 1.1443 | 0.0097 | Yen US$ | 142.71 | -1.33 |
THB US$ | 32.50 | -0.35 | PHP US$ | 55.605 | -0.171 |
IDR US$ | 16240 | -45 | INR US$ | 85.3260 | -0.171 |
MYR US$ | - | - | TWD US$ | 29.987 | 0.085 |
CNY US$ | - | - | HKD US$ | 7.8443 | 0.004 |
----------------------------------------------------------------------------------------
Commodities | Net Chng | Net Chng | |||
Spot Gold | 3379.23 | 90.0801 | Silver (Lon) | 34.72 | 1.75 |
U.S. Gold Fut | 3404.5 | 89.1 | Brent Crude | 64.63 | 0.7900 |
Iron Ore | - | - | TRJCRB Index | - | - |
TOCOM Rubber | JPY287.7 | -3.2 | LME Copper | 9615 | 117 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 2015 GMT
EQUITIES
GLOBAL - Wall Street stocks were mixed on Monday and the dollar softened as trade tensions between Washington and Beijing heated up and investors showed caution ahead of U.S. employment data and a widely expected policy rate cut from the European Central Bank.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 2.14 points, or 0.24%, to 881.64.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The S&P 500 index closed higher on Monday as investors were still optimistic over trade talks between the United States and its trading partners despite President Donald Trump's latest salvo to double tariffs on imported steel and aluminum.
According to preliminary data, the S&P 500 .SPX gained 25.50 points, or 0.43%, to end at 5,937.19 points, while the Nasdaq Composite .IXIC gained 133.13 points, or 0.70%, to 19,246.90.
For a full report, click on .N
- - - -
LONDON - European shares began June on a dour note as markets grappled with U.S. President Donald Trump's new tariff plans that threatened to reignite a fresh wave of global trade tensions.
The continent-wide STOXX 600 .STOXX slipped 0.1% on Monday, after recording about a 4% gain in May.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average ended lower on Monday amid worries over trade tensions between the U.S. and China, and a stronger yen, which hurt automakers.
The Nikkei .N225 fell 1.3% to 37,470.67 and the broader Topix .TOPX slipped 0.87% to 2777.29.
For a full report, click on .T
- - - -
SHANGHAI - Mainland China's stock, bond, foreign exchange and commodity futures markets will be closed on Monday, June 2, for the Dragon Boat holiday. They will resume trade on June 3.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares were set to gain at open on Tuesday after a muted start to the week, reflecting underlying strength in energy companies on rising oil prices and information technology stocks tracking a rebound on Wall Street.
The local share price index futures YAPcm1 rose 0.8, a 90.9-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.2% on Monday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended little changed on Monday, as gains in chipmakers offset losses in steelmakers, while investor focus was on the country's snap presidential election a day later.
The benchmark KOSPI .KS11 closed up 1.30 points, or 0.05%, at 2,698.97.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar fell across the board on Monday, giving up the previous week's gains, as markets weighed the outlook for President Donald Trump's tariff policy and its potential to hurt growth and stoke inflation.
The dollar index, which measures its performance against six other major currencies =USD, eased 0.6% and at 98.75 was just shy of the three-year low of 97.923 touched in late April.
For a full report, click on USD/
- - - -
SHANGHAI - Mainland China's stock, bond, foreign exchange and commodity futures markets will be closed on Monday, June 2, for the Dragon Boat holiday. They will resume trade on June 3.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand currencies gained on Monday as the U.S. dollar weakened on an escalation in global trade tensions, though negative sentiment in equity markets could limit further gains.
The Aussie AUD=D3 rose 0.2% to $0.6449, building on a modest 0.5% gain in May.
For a full report, click on AUD/
- - - -
SEOUL - The won was quoted at 1,373.1 per dollar on the onshore settlement platform KRW=KFTC, 0.73% higher than its previous close at 1,383.1.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Longer-dated Treasury yields climbed on Monday after the latest tariff announcement from U.S. President Donald Trump, while yields briefly pared gains after data on the manufacturing sector again showed contraction.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB rose 4.2 basis points to 4.46% after earlier rising to 4.47% on the session.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields were steady on Monday as traders braced for a widely expected European Central Bank rate cut later this week, while U.S. trade policy remained in focus.
Germany's 10-year yield DE10YT=RR, the benchmark for the euro zone, was last up less than 1 basis point (bp) at 2.513%, after its biggest weekly fall since mid-April last week.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bond prices fell on Monday, as the market was cautious about the outcome of an auction for 10-year bonds in the next session.
The 10-year JGB yield JP10YTN=JBTC rose 1 basis point (bp) to 1.51%.
For a full report, click on JP/
COMMODITIES
GOLD - Gold rose more than 2% on Monday to its highest in over three weeks, as a weakening dollar and a combination of geopolitical risks and economic uncertainty fuelled investor demand for safe-haven assets.
Spot gold XAU= was up 2.5% at $3,372.13 an ounce, as of 02:17 p.m. ET (1817 GMT), after hitting its highest level since May 8 earlier in the session.
For a full report, click on GOL/
- - - -
IRON ORE - The Dalian Commodity Exchange and the Shanghai Futures Exchange will be closed on Monday, June 2 for the Dragon Boat Festival in China.
The report will resume on Tuesday, June 3.
For a full report, click on IRONORE/
- - - -
BASE METALS - U.S. copper futures jumped on Monday, widening their premium over London prices, amid speculation about possible new import tariffs after U.S. President Donald Trump said he would double tariffs on aluminium and steel imports to 50%.
The most active U.S. Comex copper futures HGc2 hit $4.9495, the highest since April 3, and were last up 4.0% at $4.8625 a pound.
For a full report, click on MET/L
- - - -
OIL - Oil prices climbed nearly 3% on Monday, despite producer group OPEC+ sticking with output hike plans, as wildfires burning in Canada's oil-producing province threatened supply and President Donald Trump's new tariff threats weighed on the U.S. dollar.
Brent crude futures LCOc1 settled $1.85, or 2.95%, higher at $64.63 a barrel. For a full report, click on O/R
- - - -
PALM OIL - Malysain markets were closed on Monday, June 2, for a public holiday. They will resume trade on June 3.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures weakened for a fourth straight session on Monday, hitting their lowest in more than a month, as seasonal harvesting firmed supply prospects.
The Osaka Exchange (OSE) rubber contract for November delivery JRUc6, 0#2JRU: ended daytime trade 4.1 yen lower, or 1.39%, to 290.9 yen ($2.03) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
June 3 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8414.1 | -20.6 | NZX 50** | 12418.89 | 137.58 |
DJIA** | 42305.48 | 35.41 | NIKKEI** | 37470.67 | -494.43 |
Nasdaq** | 19242.613 | 128.847 | FTSE** | 8774.26 | 1.88 |
S&P 500** | 5935.94 | 24.25 | Hang Seng** | 23157.97 | -131.8 |
SPI 200 Fut | 8502 | 68 | STI** | 3890.59 | -4.02 |
SSEC** | 3347.4873 | -15.9582 | KOSPI** | 2698.97 | 1.3 |
----------------------------------------------------------------------------------------
Bonds | Net Chng | Bonds | Net Chng | ||
JP 10 YR Bond | 1.505 | 0.005 | KR 10 YR Bond | 10309.42 | -7.6 |
AU 10 YR Bond | 87.434 | -0.274 | US 10 YR Bond | 98.484375 | -0.171875 |
NZ 10 YR Bond | 99.285 | 0.652 | US 30 YR Bond | 96.59375 | -0.578125 |
----------------------------------------------------------------------------------------
Currencies | Net Chng | Net Chng | |||
SGD US$ | 1.2850 | -0.0057 | KRW US$ | 1376.21 | -5.79 |
AUD US$ | 0.6494 | 0.0063 | NZD US$ | 0.6040 | 0.0082 |
EUR US$ | 1.1443 | 0.0097 | Yen US$ | 142.71 | -1.33 |
THB US$ | 32.50 | -0.35 | PHP US$ | 55.605 | -0.171 |
IDR US$ | 16240 | -45 | INR US$ | 85.3260 | -0.171 |
MYR US$ | - | - | TWD US$ | 29.987 | 0.085 |
CNY US$ | - | - | HKD US$ | 7.8443 | 0.004 |
----------------------------------------------------------------------------------------
Commodities | Net Chng | Net Chng | |||
Spot Gold | 3379.23 | 90.0801 | Silver (Lon) | 34.72 | 1.75 |
U.S. Gold Fut | 3404.5 | 89.1 | Brent Crude | 64.63 | 0.7900 |
Iron Ore | - | - | TRJCRB Index | - | - |
TOCOM Rubber | JPY287.7 | -3.2 | LME Copper | 9615 | 117 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 2015 GMT
EQUITIES
GLOBAL - Wall Street stocks were mixed on Monday and the dollar softened as trade tensions between Washington and Beijing heated up and investors showed caution ahead of U.S. employment data and a widely expected policy rate cut from the European Central Bank.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 2.14 points, or 0.24%, to 881.64.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The S&P 500 index closed higher on Monday as investors were still optimistic over trade talks between the United States and its trading partners despite President Donald Trump's latest salvo to double tariffs on imported steel and aluminum.
According to preliminary data, the S&P 500 .SPX gained 25.50 points, or 0.43%, to end at 5,937.19 points, while the Nasdaq Composite .IXIC gained 133.13 points, or 0.70%, to 19,246.90.
For a full report, click on .N
- - - -
LONDON - European shares began June on a dour note as markets grappled with U.S. President Donald Trump's new tariff plans that threatened to reignite a fresh wave of global trade tensions.
The continent-wide STOXX 600 .STOXX slipped 0.1% on Monday, after recording about a 4% gain in May.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average ended lower on Monday amid worries over trade tensions between the U.S. and China, and a stronger yen, which hurt automakers.
The Nikkei .N225 fell 1.3% to 37,470.67 and the broader Topix .TOPX slipped 0.87% to 2777.29.
For a full report, click on .T
- - - -
SHANGHAI - Mainland China's stock, bond, foreign exchange and commodity futures markets will be closed on Monday, June 2, for the Dragon Boat holiday. They will resume trade on June 3.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares were set to gain at open on Tuesday after a muted start to the week, reflecting underlying strength in energy companies on rising oil prices and information technology stocks tracking a rebound on Wall Street.
The local share price index futures YAPcm1 rose 0.8, a 90.9-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark fell 0.2% on Monday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended little changed on Monday, as gains in chipmakers offset losses in steelmakers, while investor focus was on the country's snap presidential election a day later.
The benchmark KOSPI .KS11 closed up 1.30 points, or 0.05%, at 2,698.97.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar fell across the board on Monday, giving up the previous week's gains, as markets weighed the outlook for President Donald Trump's tariff policy and its potential to hurt growth and stoke inflation.
The dollar index, which measures its performance against six other major currencies =USD, eased 0.6% and at 98.75 was just shy of the three-year low of 97.923 touched in late April.
For a full report, click on USD/
- - - -
SHANGHAI - Mainland China's stock, bond, foreign exchange and commodity futures markets will be closed on Monday, June 2, for the Dragon Boat holiday. They will resume trade on June 3.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand currencies gained on Monday as the U.S. dollar weakened on an escalation in global trade tensions, though negative sentiment in equity markets could limit further gains.
The Aussie AUD=D3 rose 0.2% to $0.6449, building on a modest 0.5% gain in May.
For a full report, click on AUD/
- - - -
SEOUL - The won was quoted at 1,373.1 per dollar on the onshore settlement platform KRW=KFTC, 0.73% higher than its previous close at 1,383.1.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Longer-dated Treasury yields climbed on Monday after the latest tariff announcement from U.S. President Donald Trump, while yields briefly pared gains after data on the manufacturing sector again showed contraction.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB rose 4.2 basis points to 4.46% after earlier rising to 4.47% on the session.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields were steady on Monday as traders braced for a widely expected European Central Bank rate cut later this week, while U.S. trade policy remained in focus.
Germany's 10-year yield DE10YT=RR, the benchmark for the euro zone, was last up less than 1 basis point (bp) at 2.513%, after its biggest weekly fall since mid-April last week.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bond prices fell on Monday, as the market was cautious about the outcome of an auction for 10-year bonds in the next session.
The 10-year JGB yield JP10YTN=JBTC rose 1 basis point (bp) to 1.51%.
For a full report, click on JP/
COMMODITIES
GOLD - Gold rose more than 2% on Monday to its highest in over three weeks, as a weakening dollar and a combination of geopolitical risks and economic uncertainty fuelled investor demand for safe-haven assets.
Spot gold XAU= was up 2.5% at $3,372.13 an ounce, as of 02:17 p.m. ET (1817 GMT), after hitting its highest level since May 8 earlier in the session.
For a full report, click on GOL/
- - - -
IRON ORE - The Dalian Commodity Exchange and the Shanghai Futures Exchange will be closed on Monday, June 2 for the Dragon Boat Festival in China.
The report will resume on Tuesday, June 3.
For a full report, click on IRONORE/
- - - -
BASE METALS - U.S. copper futures jumped on Monday, widening their premium over London prices, amid speculation about possible new import tariffs after U.S. President Donald Trump said he would double tariffs on aluminium and steel imports to 50%.
The most active U.S. Comex copper futures HGc2 hit $4.9495, the highest since April 3, and were last up 4.0% at $4.8625 a pound.
For a full report, click on MET/L
- - - -
OIL - Oil prices climbed nearly 3% on Monday, despite producer group OPEC+ sticking with output hike plans, as wildfires burning in Canada's oil-producing province threatened supply and President Donald Trump's new tariff threats weighed on the U.S. dollar.
Brent crude futures LCOc1 settled $1.85, or 2.95%, higher at $64.63 a barrel. For a full report, click on O/R
- - - -
PALM OIL - Malysain markets were closed on Monday, June 2, for a public holiday. They will resume trade on June 3.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures weakened for a fourth straight session on Monday, hitting their lowest in more than a month, as seasonal harvesting firmed supply prospects.
The Osaka Exchange (OSE) rubber contract for November delivery JRUc6, 0#2JRU: ended daytime trade 4.1 yen lower, or 1.39%, to 290.9 yen ($2.03) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
May 20 (Reuters) -
Stock Markets | closing level) | Net Chng | Stock Markets | Net Chng | |
S&P/ASX 200** | 8,070.60 | 73.50 | NZX 50** | 0.00 | 0.00 |
DJIA | 40,367.45 | 139.86 | NIKKEI** | 37,498.63 | -255.09 |
Nasdaq | 17,340.29 | -25.84 | FTSE** | 8,463.46 | 46.12 |
S&P 500 | 5,530.55 | 1.80 | Hang Seng** | 22,008.11 | 36.15 |
SPI 200 Fut | 8,295.10 | -48.60 | STI** | 3,876.200 | -21.670 |
SSEC** | 3,286.65 | -1.76 | KOSPI** | 2,565.42 | -23.45 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.3230 | 0.0070 | KR 10 YR Bond | 2.611 | 0.023 |
AU 10 YR Bond | 4.1580 | 0.0100 | US 10 YR Bond | 4.1697 | -0.046 |
NZ 10 YR Bond | 4.5080 | 0.0000 | US 30 YR Bond | 4.647 | -0.046 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.3080 | 0.0005 | KRW US$ | 1,433.660 | -2.17 |
AUD US$ | 0.6385 | -0.00475 | NZD US$ | 0.5939 | -0.0039 |
EUR US$ | 1.1393 | -0.0028 | Yen US$ | 142.0900 | 0.08 |
THB US$ | 33.4500 | 0.13 | PHP US$ | 56.0390 | -0.347 |
IDR US$ | 16,755 | -95 | INR US$ | 85.1270 | -0.008 |
MYR US$ | 4.3250 | -0.035 | TWD US$ | 32.2290 | -0.236 |
CNY US$ | 7.2699 | -0.0151 | HKD US$ | 7.7583 | 0.0018 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,229.51 | 41.26 | Silver (Lon) | 32.36 | 0.14 |
U.S. Gold Fut | 3,233.5 | 46.3 | Brent Crude | 64.01 | -1.85 |
Iron Ore | CNY722.5 | -5.5 | TRJCRB Index | - | - |
TOCOM Rubber | 324.5 | 11.1 | Copper | 9,406 | 31.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1713 GMT
EQUITIES
GLOBAL - Longer-dated Treasury yields gained while global stock indexes and the dollar eased on Monday amid concerns about a U.S. tax bill and the U.S. debt load and following Moody's downgrade of the U.S. sovereign credit rating.
MSCI's gauge of stocks across the globe .MIWD00000PUS fell 1.73 points, or 0.20%, to 878.89.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street's main indexes slipped on Monday and Treasury yields spiked after Moody's surprise downgrade of the U.S. sovereign credit rating due to mounting debt sparked anxiety about the fiscal outlook.
At 11:32 a.m. ET, the Dow Jones Industrial Average .DJI fell 65.05 points, or 0.15%, to 42,589.69, the S&P 500 .SPX lost 18.10 points, or 0.30%, to 5,940.18 and the Nasdaq Composite .IXIC lost 92.68 points, or 0.48%, to 19,118.42.
For a full report, click on .N
- - - -
LONDON - European stocks closed flat on Monday, following a five-week winning streak, as declines from a surprise U.S. credit rating downgrade were offset by upbeat corporate updates.
The pan-European STOXX 600 index .STOXX pared earlier declines to close 0.1% higher, hovering around the seven-week intraday high it touched on Friday.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average fell on Monday after Moody's downgrade of the U.S. government credit rating raised concerns about a potential flight from U.S. assets, leading to a stronger yen.
The Nikkei index .N225 ended 0.68% lower at 37,498.63.
For a full report, click on .T
- - - -
SHANGHAI - China and Hong Kong stocks ended roughly flat on Monday as weak data on China industrial and retail sales highlighted ongoing economic challenges, although the Sino-U.S. tariff reprieve continued to lift shares of port operators.
China's blue-chip CSI300 Index .CSI300 dipped 0.3%, while the Shanghai Composite Index .SSEC was barely changed.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares snapped an eight-session rally to end lower on Monday as commodity stocks weighed, while investors awaited what is a widely expected rate cut by the central bank.
The S&P/ASX 200 index .AXJO ended 0.6% lower at 8,295.1 points.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended almost 1% lower on Monday on higher U.S. Treasury yields following a credit rating downgrade. The won strengthened, while the benchmark bond yield rose.
The benchmark KOSPI .KS11 closed down 23.43 points, or 0.89%, at 2,603.44.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar weakened broadly on Monday, hitting a more than one-week low against the safe-haven yen, Swiss franc and euro as markets digested a surprise downgrade of the U.S. government's credit rating, while trade tensions also weighed.
The greenback fell to 144.665 yen JPY=EBS, its lowest since May 8 on Monday, and was last down 0.4% at 145.07. It also fell to its weakest level in more than a week at 0.8317 Swiss francs.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan slipped against the dollar on Monday, pressured by some weaker-than-expected data on economic activity, while corporates scrambled to buy cheaper dollars after a surprise downgrade of the U.S. government's credit rating.
By 0342 GMT, the onshore yuan CNY=CFXS was 0.08% lower at 7.2159 per dollar.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian dollar was bracing for a central bank policy meeting where a quarter-point cut has been widely expected, while the kiwi awaited a government budget that will include painful cost-cutting measures even as the economy struggles.
The Aussie inched up 0.1% to $0.6410 AUD=D3 on Monday, after a seesaw week that saw it hit a high of 65 cents, only to end 0.1% lower.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won strengthened against the dollar.
The won was quoted at 1,397.8 per dollar on the onshore settlement platform KRW=KFTC>, 0.16% higher than its previous close at 1,400.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Longer-dated Treasury yields rose on Monday with the 30-year yield hitting an 18-month high on concerns that a U.S. tax bill will increase the debt load by more than previously expected.
The yield on benchmark U.S. 10-year notes US10YT=RR was 7.8 basis points higher at 4.517%, having earlier reached 4.564%, the highest since April 11.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields turned negative after tracking a rise in U.S. Treasuries earlier on Monday, with investors moving to safer assets over doubts about a trade-war truce between the U.S. and China.
However, Germany's 10-year yield DE10YT=RR, the euro zone benchmark, fell by 1 basis point (bp) in afternoon trading to 2.576%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bond (JGB) yields rose on Monday, tracking a surge in U.S. Treasury yields after ratings agency Moody's downgraded the U.S. government rating.
The 10-year JGB yield JP10YTN=JBTC rose 2.5 basis points to 1.475%.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices drifted higher on Monday, steered by a softer dollar and safe-haven demand after Moody's downgraded the U.S. government's credit rating.
Spot gold XAU= rose 0.9% to $3,229.51 an ounce by 1315 ET (1715 GMT).
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures fell on Monday, pressured by weaker-than-expected economic data from top consumer China and uncertain near-term demand for the steelmaking material.
The most-traded September iron ore contract on China's Dalian Commodity Exchange DCIOcv1 ended daytime trade 0.89% lower at 722.5 yuan ($100.15) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Aluminium prices fell on Monday after a jump in available stocks in warehouses registered with the London Metal Exchange (LME) and Chinese data that showed rising output of the metal.
LME copper CMCU3 rose 0.7% to $9,517 a ton as the dollar fell against a range of currencies.
For a full report, click on MET/L
- - - -
OIL - Oil prices steadied on Monday despite Moody's downgrade of the U.S. sovereign credit rating, and official data that showed slowing growth in China's industrial output and retail sales.
Brent crude futures LCOc1 fell 1 cent to $65.39 a barrel by 1438 GMT.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures closed higher on Monday, snapping two consecutive sessions of declines, buoyed by stronger rival soyoil prices.
The benchmark palm oil contract FCPOc3 for August delivery on the Bursa Malaysia Derivatives Exchange gained 69 ringgit, or 1.81%, to 3,884 ringgit ($905.99) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures surged on Monday, buoyed by market talk that China, the world's biggest consumer, is planning to purchase rubber for its national reserves.
The Osaka Exchange (OSE) October rubber contract JRUc6, 0#2JRU: closed up 11.1 yen, or 3.54%, at 324.5 yen ($2.24) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
May 20 (Reuters) -
Stock Markets | closing level) | Net Chng | Stock Markets | Net Chng | |
S&P/ASX 200** | 8,070.60 | 73.50 | NZX 50** | 0.00 | 0.00 |
DJIA | 40,367.45 | 139.86 | NIKKEI** | 37,498.63 | -255.09 |
Nasdaq | 17,340.29 | -25.84 | FTSE** | 8,463.46 | 46.12 |
S&P 500 | 5,530.55 | 1.80 | Hang Seng** | 22,008.11 | 36.15 |
SPI 200 Fut | 8,295.10 | -48.60 | STI** | 3,876.200 | -21.670 |
SSEC** | 3,286.65 | -1.76 | KOSPI** | 2,565.42 | -23.45 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.3230 | 0.0070 | KR 10 YR Bond | 2.611 | 0.023 |
AU 10 YR Bond | 4.1580 | 0.0100 | US 10 YR Bond | 4.1697 | -0.046 |
NZ 10 YR Bond | 4.5080 | 0.0000 | US 30 YR Bond | 4.647 | -0.046 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.3080 | 0.0005 | KRW US$ | 1,433.660 | -2.17 |
AUD US$ | 0.6385 | -0.00475 | NZD US$ | 0.5939 | -0.0039 |
EUR US$ | 1.1393 | -0.0028 | Yen US$ | 142.0900 | 0.08 |
THB US$ | 33.4500 | 0.13 | PHP US$ | 56.0390 | -0.347 |
IDR US$ | 16,755 | -95 | INR US$ | 85.1270 | -0.008 |
MYR US$ | 4.3250 | -0.035 | TWD US$ | 32.2290 | -0.236 |
CNY US$ | 7.2699 | -0.0151 | HKD US$ | 7.7583 | 0.0018 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,229.51 | 41.26 | Silver (Lon) | 32.36 | 0.14 |
U.S. Gold Fut | 3,233.5 | 46.3 | Brent Crude | 64.01 | -1.85 |
Iron Ore | CNY722.5 | -5.5 | TRJCRB Index | - | - |
TOCOM Rubber | 324.5 | 11.1 | Copper | 9,406 | 31.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1713 GMT
EQUITIES
GLOBAL - Longer-dated Treasury yields gained while global stock indexes and the dollar eased on Monday amid concerns about a U.S. tax bill and the U.S. debt load and following Moody's downgrade of the U.S. sovereign credit rating.
MSCI's gauge of stocks across the globe .MIWD00000PUS fell 1.73 points, or 0.20%, to 878.89.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street's main indexes slipped on Monday and Treasury yields spiked after Moody's surprise downgrade of the U.S. sovereign credit rating due to mounting debt sparked anxiety about the fiscal outlook.
At 11:32 a.m. ET, the Dow Jones Industrial Average .DJI fell 65.05 points, or 0.15%, to 42,589.69, the S&P 500 .SPX lost 18.10 points, or 0.30%, to 5,940.18 and the Nasdaq Composite .IXIC lost 92.68 points, or 0.48%, to 19,118.42.
For a full report, click on .N
- - - -
LONDON - European stocks closed flat on Monday, following a five-week winning streak, as declines from a surprise U.S. credit rating downgrade were offset by upbeat corporate updates.
The pan-European STOXX 600 index .STOXX pared earlier declines to close 0.1% higher, hovering around the seven-week intraday high it touched on Friday.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average fell on Monday after Moody's downgrade of the U.S. government credit rating raised concerns about a potential flight from U.S. assets, leading to a stronger yen.
The Nikkei index .N225 ended 0.68% lower at 37,498.63.
For a full report, click on .T
- - - -
SHANGHAI - China and Hong Kong stocks ended roughly flat on Monday as weak data on China industrial and retail sales highlighted ongoing economic challenges, although the Sino-U.S. tariff reprieve continued to lift shares of port operators.
China's blue-chip CSI300 Index .CSI300 dipped 0.3%, while the Shanghai Composite Index .SSEC was barely changed.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares snapped an eight-session rally to end lower on Monday as commodity stocks weighed, while investors awaited what is a widely expected rate cut by the central bank.
The S&P/ASX 200 index .AXJO ended 0.6% lower at 8,295.1 points.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended almost 1% lower on Monday on higher U.S. Treasury yields following a credit rating downgrade. The won strengthened, while the benchmark bond yield rose.
The benchmark KOSPI .KS11 closed down 23.43 points, or 0.89%, at 2,603.44.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar weakened broadly on Monday, hitting a more than one-week low against the safe-haven yen, Swiss franc and euro as markets digested a surprise downgrade of the U.S. government's credit rating, while trade tensions also weighed.
The greenback fell to 144.665 yen JPY=EBS, its lowest since May 8 on Monday, and was last down 0.4% at 145.07. It also fell to its weakest level in more than a week at 0.8317 Swiss francs.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan slipped against the dollar on Monday, pressured by some weaker-than-expected data on economic activity, while corporates scrambled to buy cheaper dollars after a surprise downgrade of the U.S. government's credit rating.
By 0342 GMT, the onshore yuan CNY=CFXS was 0.08% lower at 7.2159 per dollar.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian dollar was bracing for a central bank policy meeting where a quarter-point cut has been widely expected, while the kiwi awaited a government budget that will include painful cost-cutting measures even as the economy struggles.
The Aussie inched up 0.1% to $0.6410 AUD=D3 on Monday, after a seesaw week that saw it hit a high of 65 cents, only to end 0.1% lower.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won strengthened against the dollar.
The won was quoted at 1,397.8 per dollar on the onshore settlement platform KRW=KFTC>, 0.16% higher than its previous close at 1,400.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Longer-dated Treasury yields rose on Monday with the 30-year yield hitting an 18-month high on concerns that a U.S. tax bill will increase the debt load by more than previously expected.
The yield on benchmark U.S. 10-year notes US10YT=RR was 7.8 basis points higher at 4.517%, having earlier reached 4.564%, the highest since April 11.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields turned negative after tracking a rise in U.S. Treasuries earlier on Monday, with investors moving to safer assets over doubts about a trade-war truce between the U.S. and China.
However, Germany's 10-year yield DE10YT=RR, the euro zone benchmark, fell by 1 basis point (bp) in afternoon trading to 2.576%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bond (JGB) yields rose on Monday, tracking a surge in U.S. Treasury yields after ratings agency Moody's downgraded the U.S. government rating.
The 10-year JGB yield JP10YTN=JBTC rose 2.5 basis points to 1.475%.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices drifted higher on Monday, steered by a softer dollar and safe-haven demand after Moody's downgraded the U.S. government's credit rating.
Spot gold XAU= rose 0.9% to $3,229.51 an ounce by 1315 ET (1715 GMT).
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures fell on Monday, pressured by weaker-than-expected economic data from top consumer China and uncertain near-term demand for the steelmaking material.
The most-traded September iron ore contract on China's Dalian Commodity Exchange DCIOcv1 ended daytime trade 0.89% lower at 722.5 yuan ($100.15) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Aluminium prices fell on Monday after a jump in available stocks in warehouses registered with the London Metal Exchange (LME) and Chinese data that showed rising output of the metal.
LME copper CMCU3 rose 0.7% to $9,517 a ton as the dollar fell against a range of currencies.
For a full report, click on MET/L
- - - -
OIL - Oil prices steadied on Monday despite Moody's downgrade of the U.S. sovereign credit rating, and official data that showed slowing growth in China's industrial output and retail sales.
Brent crude futures LCOc1 fell 1 cent to $65.39 a barrel by 1438 GMT.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures closed higher on Monday, snapping two consecutive sessions of declines, buoyed by stronger rival soyoil prices.
The benchmark palm oil contract FCPOc3 for August delivery on the Bursa Malaysia Derivatives Exchange gained 69 ringgit, or 1.81%, to 3,884 ringgit ($905.99) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures surged on Monday, buoyed by market talk that China, the world's biggest consumer, is planning to purchase rubber for its national reserves.
The Osaka Exchange (OSE) October rubber contract JRUc6, 0#2JRU: closed up 11.1 yen, or 3.54%, at 324.5 yen ($2.24) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
May 13 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8233.5 | 2.3 | NZX 50** | 12676.75 | 71.68 |
DJIA** | 42353.67 | 1104.29 | NIKKEI** | 37644.26 | 140.93 |
Nasdaq** | 18675.24 | 746.324 | FTSE** | 8604.98 | 50.18 |
S&P 500** | 5834.28 | 174.37 | Hang Seng** | 23549.46 | 681.72 |
SPI 200 Fut | 8346 | 79 | STI** | 3876.16 | 27.94 |
SSEC** | 3369.2445 | 27.2456 | KOSPI** | 2607.33 | 30.06 |
----------------------------------------------------------------------------------------
Bonds | Net Chng | Bonds | Net Chng | ||
JP 10 YR Bond | 1.4470 | 0.0550 | KR 10 YR Bond | 2.685 | 0.015 |
AU 10 YR Bond | 4.4250 | 0.0560 | US 10 YR Bond | 4.4551 | 0.08 |
NZ 10 YR Bond | 4.5850 | 0.0100 | US 30 YR Bond | 4.8877 | 0.055 |
----------------------------------------------------------------------------------------
Currencies | Net Chng | Net Chng | |||
SGD US$ | 1.3061 | 0.0074 | KRW US$ | 1,417.810 | 22.66 |
AUD US$ | 0.6370 | -0.00415 | NZD US$ | 0.5859 | -0.0047 |
EUR US$ | 1.1093 | -0.0154 | Yen US$ | 148.2900 | 2.95 |
THB US$ | 33.4600 | 0.52 | PHP US$ | 55.7270 | 0.369 |
IDR US$ | 16,510 | 20 | INR US$ | 84.8570 | -0.524 |
MYR US$ | 4.2940 | 0.017 | TWD US$ | 30.3160 | 0.008 |
CNY US$ | 7.2075 | -0.0324 | HKD US$ | 7.7916 | 0.013 |
----------------------------------------------------------------------------------------
Commodities | Net Chng | Net Chng | |||
Spot Gold | 3232.78 | -91.4431 | Silver (Lon) | 32.5144 | -0.1833 |
U.S. Gold Fut | 3237.4 | -107 | Brent Crude | 64.96 | 1.05 |
Iron Ore | CNY718.5 | 22.5 | TRJCRB Index | - | - |
TOCOM Rubber | 315.1 | 5.6 | LME Copper | 9502 | 56.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1913 GMT
EQUITIES
GLOBAL - Global shares rallied, while gold and safe-haven currencies slumped against a resurgent dollar on Monday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs and cooperate to avoid rupturing the global economy.
While Trump's April 2 tariff announcement initially caused world stocks to drop sharply, MSCI's index of global shares .MIWD00000PUS, which is U.S.-dominated, was trading back at levels last seen in late March and was up 1.8%.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The S&P 500 rose more than 3% on Monday, hitting its highest since early March as a U.S.-China agreement to temporarily slash tariffs brought some hopes for easing of a global trade war, which U.S. President Donald Trump ignited in early April.
At 02:11 p.m. the Dow Jones Industrial Average .DJI rose 1,081.30 points, or 2.62%, to 42,330.68, the S&P 500 .SPX gained 170.77 points, or 3.02%, to 5,830.91 and the Nasdaq Composite .IXIC gained 732.70 points, or 4.09%, to 18,661.61.
For a full report, click on .N
- - - -
LONDON - European shares started the week on a positive note on Monday after the United States and China agreed to temporarily slash tariffs, providing some relief to global markets roiled by the trade war.
The pan-European STOXX 600 index .STOXX closed 1.2% higher
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average ended higher on Monday as indications of progress in U.S.-China trade talks boosted hopes of a deal between the major economies.
The Nikkei .N225 closed 0.38% higher at 37,644.26, after trading in the negative territory during the session.
For a full report, click on .T
- - - -
SHANGHAI - Chinese stocks rallied and the yuan strengthened on Monday after the United States and China said they have agreed to a deal to slash reciprocal tariffs in a substantial de-escalation of a potentially damaging trade war.
China's blue-chip CSI 300 Index .CSI300 closed up 1.2% and the Shanghai Composite Index .SSEC added 0.8% before the details came out.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares are expected to open higher on Tuesday, tracking Wall Street peers as a U.S.-China agreement to temporarily slash tariffs brought some hopes for easing of a global trade war.
The local share price index futures YAPcm1 rose 1%, a 115.8-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark nudged 0.03% higher on Monday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares rose more than 1% on Monday, led by chip and auto makers on progress in trade talks between China and the United States.
The benchmark KOSPI .KS11 closed up 30.06 points, or 1.17%, at 2,607.33, its highest since March 26.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar surged on Monday as the United States and China reached a deal to temporarily cut reciprocal tariffs, easing concerns a trade war between the world's two biggest economies could lead to a global recession.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, rose 1.2% to 101.58, with the euro EUR= down 1.17% at $1.1115 and on track for its biggest one-day decline of the year.
For a full report, click on USD/
- - - -
CHINA - China's yuan strengthened to a six-month high on Monday after the U.S. and China reached a deal to slash reciprocal tariffs.
The onshore yuan CNY=CFXS firmed to 7.2001 per dollar, the strongest since November 2024.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars edged higher on Monday as signs of movement in the U.S.-China trade deadlock supported risk sentiment globally, though investors awaited more detail before getting too excited.
The lack of specifics kept the reaction cautious and the Aussie nudged up 0.2% to $0.6424 AUD=D3, and away from Friday's low of $0.6371.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won weakened against the dollar.
The won was quoted at 1,402.4 per dollar on the onshore settlement platform KRW=KFTC, 0.19% lower than its previous close at 1,399.8.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields rose on Monday to the highest levels in a month after the United States and China agreed to lower trade tariffs on one another during a 90-day pause, triggering a rush of investor cash into risk assets and hitting safe havens like bonds.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB rose 9 basis points in U.S. trading to 4.465% amid a strong market rally that pushed stocks and the dollar higher.
For a full report, click on US/
- - - -
LONDON - Euro area benchmark Bund yields hit a fresh one-month high and markets reduced bets on European Central Bank interest rate cuts on Monday as an easing in trade and geopolitical tensions allayed concerns about economic growth.
Germany's 10-year yield DE10YT=RR, the 20-nation euro area's benchmark, rose 9.2 basis points (bps) at 2.64%, its highest level since April 10.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bond yields rose on Monday, as signs of progress in U.S.-China trade negotiations bolstered investors' risk appetite, prompting a sell-off in safe-haven assets.
The 10-year JGB yield JP10YTN=JBTC touched 1.4%, its highest since April 10, and was last at 1.38%, up 3 basis points (bps) from the previous session.
For a full report, click on JP/
COMMODITIES
GOLD
Safe-haven gold fell 3% on Monday as risk sentiment crept in following the announcement of a temporary deal between the United States and China to reduce tariffs.
Spot gold XAU= was down 3% at $3,225.28 an ounce, as of 1344 ET (17:44 GMT).
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures prices climbed on Monday as the world's two largest economies agreeing to a deal to slash reciprocal tariffs and a 90-day pause on measures lifted investor sentiment.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 3.16% higher at 718.5 yuan ($99.63) a metric ton, the highest since May 7.
For a full report, click on IRONORE/
- - - -
BASE METALS
Industrial metals prices rose on Monday as growth and demand fears eased after China and the U.S. agreed a deal to reduce reciprocal import tariffs and seek an end to their trade war, though traders said the market remained cautious.
Benchmark copper CMCU3 on the London Metal Exchange (LME) was up 0.7% to $9,507 a metric ton at 1603 GMT while aluminium CMAL3 gained 2.5% to $2,477.
For a full report, click on MET/L
- - - -
OIL
Oil prices rose about 1.5%to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash tariffs, raising hopes of an end to the trade war between the world's two biggest economies.
Brent crude LCOc1 futures rose $1.05, or 1.6%, to settle at $64.96 a barrel.
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures ended higher on Friday, reversing earlier losses, but still booked a second consecutive weekly decline, as forecasts of rising production and inventory limited the gains.
The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives Exchange rose 14 ringgit, or 0.37%, to 3,815 ringgit ($888.45) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures climbed on Monday, supported by a trade war truce deal between the U.S. and China that boosted investor optimism and eased market uncertainty surrounding the world's two largest economies.
The Osaka Exchange (OSE) rubber contract for October delivery JRUc6, 0#2JRU: closed up 3 yen, or 1.0%, at 312.5 yen ($2.11) per kg. The contract gained 1.4% last week.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
May 13 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8233.5 | 2.3 | NZX 50** | 12676.75 | 71.68 |
DJIA** | 42353.67 | 1104.29 | NIKKEI** | 37644.26 | 140.93 |
Nasdaq** | 18675.24 | 746.324 | FTSE** | 8604.98 | 50.18 |
S&P 500** | 5834.28 | 174.37 | Hang Seng** | 23549.46 | 681.72 |
SPI 200 Fut | 8346 | 79 | STI** | 3876.16 | 27.94 |
SSEC** | 3369.2445 | 27.2456 | KOSPI** | 2607.33 | 30.06 |
----------------------------------------------------------------------------------------
Bonds | Net Chng | Bonds | Net Chng | ||
JP 10 YR Bond | 1.4470 | 0.0550 | KR 10 YR Bond | 2.685 | 0.015 |
AU 10 YR Bond | 4.4250 | 0.0560 | US 10 YR Bond | 4.4551 | 0.08 |
NZ 10 YR Bond | 4.5850 | 0.0100 | US 30 YR Bond | 4.8877 | 0.055 |
----------------------------------------------------------------------------------------
Currencies | Net Chng | Net Chng | |||
SGD US$ | 1.3061 | 0.0074 | KRW US$ | 1,417.810 | 22.66 |
AUD US$ | 0.6370 | -0.00415 | NZD US$ | 0.5859 | -0.0047 |
EUR US$ | 1.1093 | -0.0154 | Yen US$ | 148.2900 | 2.95 |
THB US$ | 33.4600 | 0.52 | PHP US$ | 55.7270 | 0.369 |
IDR US$ | 16,510 | 20 | INR US$ | 84.8570 | -0.524 |
MYR US$ | 4.2940 | 0.017 | TWD US$ | 30.3160 | 0.008 |
CNY US$ | 7.2075 | -0.0324 | HKD US$ | 7.7916 | 0.013 |
----------------------------------------------------------------------------------------
Commodities | Net Chng | Net Chng | |||
Spot Gold | 3232.78 | -91.4431 | Silver (Lon) | 32.5144 | -0.1833 |
U.S. Gold Fut | 3237.4 | -107 | Brent Crude | 64.96 | 1.05 |
Iron Ore | CNY718.5 | 22.5 | TRJCRB Index | - | - |
TOCOM Rubber | 315.1 | 5.6 | LME Copper | 9502 | 56.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1913 GMT
EQUITIES
GLOBAL - Global shares rallied, while gold and safe-haven currencies slumped against a resurgent dollar on Monday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs and cooperate to avoid rupturing the global economy.
While Trump's April 2 tariff announcement initially caused world stocks to drop sharply, MSCI's index of global shares .MIWD00000PUS, which is U.S.-dominated, was trading back at levels last seen in late March and was up 1.8%.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The S&P 500 rose more than 3% on Monday, hitting its highest since early March as a U.S.-China agreement to temporarily slash tariffs brought some hopes for easing of a global trade war, which U.S. President Donald Trump ignited in early April.
At 02:11 p.m. the Dow Jones Industrial Average .DJI rose 1,081.30 points, or 2.62%, to 42,330.68, the S&P 500 .SPX gained 170.77 points, or 3.02%, to 5,830.91 and the Nasdaq Composite .IXIC gained 732.70 points, or 4.09%, to 18,661.61.
For a full report, click on .N
- - - -
LONDON - European shares started the week on a positive note on Monday after the United States and China agreed to temporarily slash tariffs, providing some relief to global markets roiled by the trade war.
The pan-European STOXX 600 index .STOXX closed 1.2% higher
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average ended higher on Monday as indications of progress in U.S.-China trade talks boosted hopes of a deal between the major economies.
The Nikkei .N225 closed 0.38% higher at 37,644.26, after trading in the negative territory during the session.
For a full report, click on .T
- - - -
SHANGHAI - Chinese stocks rallied and the yuan strengthened on Monday after the United States and China said they have agreed to a deal to slash reciprocal tariffs in a substantial de-escalation of a potentially damaging trade war.
China's blue-chip CSI 300 Index .CSI300 closed up 1.2% and the Shanghai Composite Index .SSEC added 0.8% before the details came out.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares are expected to open higher on Tuesday, tracking Wall Street peers as a U.S.-China agreement to temporarily slash tariffs brought some hopes for easing of a global trade war.
The local share price index futures YAPcm1 rose 1%, a 115.8-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark nudged 0.03% higher on Monday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares rose more than 1% on Monday, led by chip and auto makers on progress in trade talks between China and the United States.
The benchmark KOSPI .KS11 closed up 30.06 points, or 1.17%, at 2,607.33, its highest since March 26.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar surged on Monday as the United States and China reached a deal to temporarily cut reciprocal tariffs, easing concerns a trade war between the world's two biggest economies could lead to a global recession.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, rose 1.2% to 101.58, with the euro EUR= down 1.17% at $1.1115 and on track for its biggest one-day decline of the year.
For a full report, click on USD/
- - - -
CHINA - China's yuan strengthened to a six-month high on Monday after the U.S. and China reached a deal to slash reciprocal tariffs.
The onshore yuan CNY=CFXS firmed to 7.2001 per dollar, the strongest since November 2024.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars edged higher on Monday as signs of movement in the U.S.-China trade deadlock supported risk sentiment globally, though investors awaited more detail before getting too excited.
The lack of specifics kept the reaction cautious and the Aussie nudged up 0.2% to $0.6424 AUD=D3, and away from Friday's low of $0.6371.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won weakened against the dollar.
The won was quoted at 1,402.4 per dollar on the onshore settlement platform KRW=KFTC, 0.19% lower than its previous close at 1,399.8.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields rose on Monday to the highest levels in a month after the United States and China agreed to lower trade tariffs on one another during a 90-day pause, triggering a rush of investor cash into risk assets and hitting safe havens like bonds.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB rose 9 basis points in U.S. trading to 4.465% amid a strong market rally that pushed stocks and the dollar higher.
For a full report, click on US/
- - - -
LONDON - Euro area benchmark Bund yields hit a fresh one-month high and markets reduced bets on European Central Bank interest rate cuts on Monday as an easing in trade and geopolitical tensions allayed concerns about economic growth.
Germany's 10-year yield DE10YT=RR, the 20-nation euro area's benchmark, rose 9.2 basis points (bps) at 2.64%, its highest level since April 10.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bond yields rose on Monday, as signs of progress in U.S.-China trade negotiations bolstered investors' risk appetite, prompting a sell-off in safe-haven assets.
The 10-year JGB yield JP10YTN=JBTC touched 1.4%, its highest since April 10, and was last at 1.38%, up 3 basis points (bps) from the previous session.
For a full report, click on JP/
COMMODITIES
GOLD
Safe-haven gold fell 3% on Monday as risk sentiment crept in following the announcement of a temporary deal between the United States and China to reduce tariffs.
Spot gold XAU= was down 3% at $3,225.28 an ounce, as of 1344 ET (17:44 GMT).
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures prices climbed on Monday as the world's two largest economies agreeing to a deal to slash reciprocal tariffs and a 90-day pause on measures lifted investor sentiment.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 3.16% higher at 718.5 yuan ($99.63) a metric ton, the highest since May 7.
For a full report, click on IRONORE/
- - - -
BASE METALS
Industrial metals prices rose on Monday as growth and demand fears eased after China and the U.S. agreed a deal to reduce reciprocal import tariffs and seek an end to their trade war, though traders said the market remained cautious.
Benchmark copper CMCU3 on the London Metal Exchange (LME) was up 0.7% to $9,507 a metric ton at 1603 GMT while aluminium CMAL3 gained 2.5% to $2,477.
For a full report, click on MET/L
- - - -
OIL
Oil prices rose about 1.5%to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash tariffs, raising hopes of an end to the trade war between the world's two biggest economies.
Brent crude LCOc1 futures rose $1.05, or 1.6%, to settle at $64.96 a barrel.
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures ended higher on Friday, reversing earlier losses, but still booked a second consecutive weekly decline, as forecasts of rising production and inventory limited the gains.
The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives Exchange rose 14 ringgit, or 0.37%, to 3,815 ringgit ($888.45) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures climbed on Monday, supported by a trade war truce deal between the U.S. and China that boosted investor optimism and eased market uncertainty surrounding the world's two largest economies.
The Osaka Exchange (OSE) rubber contract for October delivery JRUc6, 0#2JRU: closed up 3 yen, or 1.0%, at 312.5 yen ($2.11) per kg. The contract gained 1.4% last week.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
May 5 (Reuters) -
Stock Markets | closing level) | Net Chng | Stock Markets | Net Chng | |
S&P/ASX 200** | 8238 | 92.4 | NZX 50** | 12327.89 | 179.29 |
DJIA | 41317.43 | 564.47 | NIKKEI** | 36830.69 | 378.39 |
Nasdaq | 17977.728 | 266.989 | FTSE** | 8596.35 | 99.55 |
S&P 500 | 5686.67 | 82.53 | Hang Seng** | 22504.68 | 385.27 |
SPI 200 Fut | 8280 | 32 | STI** | 3845.14 | 12.63 |
SSEC** | 3279.0314 | -7.6234 | KOSPI** | 2559.79 | 3.18 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.265 | -0.005 | KR 10 YR Bond | 10465.41 | 2.851 |
AU 10 YR Bond | 87.894 | -0.122 | US 10 YR Bond | 102.4063 | 2.1035 |
NZ 10 YR Bond | 100.314 | 0.032 | US 30 YR Bond | 97.40625 | 1.2244 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2971 | -0.0137 | KRW US$ | 1,397.90 | -37.19 |
AUD US$ | 0.6442 | 0.0059 | NZD US$ | 0.5947 | 0.0041 |
EUR US$ | 1.1295 | 0.0004 | Yen US$ | 144.93 | -0.50 |
THB US$ | 33.06 | -0.47 | PHP US$ | 55.650 | -0.221 |
IDR US$ | 16,430 | -165 | INR US$ | 84.4990 | -0.0810 |
MYR US$ | 4.2580 | -0.0540 | TWD US$ | 30.704 | -1.404 |
CNY US$ | 7.2706 | 0.000 | HKD US$ | 7.7500 | -0.0066 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3240.0769 | -0.21 | Silver (Lon) | 31.98 | -0.42 |
U.S. Gold Fut | 3243.3 | -23.6 | Brent Crude | 61.29 | -0.84 |
Iron Ore | 703.5 | -5.5 | TRJCRB Index | ----- | ----- |
TOCOM Rubber | 293.8 | -3.1 | Copper | 9356 | 150 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1830 GMT
EQUITIES
GLOBAL - Wall Street and European stocks rallied and U.S. Treasury yields surged on Friday as investor risk appetite was strengthened by a strong employment report and signs China is open to tariff negotiations.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 13.23 points, or 1.58%, to 848.38.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street stocks advanced on Friday, notching the second straight week of gains, helped by strong economic data and potential easing of trade tensions between the U.S. and China.
The Dow Jones Industrial Average .DJI rose 564.47 points, or 1.39%, to 41,317.43, the S&P 500 .SPX gained 82.54 points, or 1.47%, to 5,686.68 and the Nasdaq Composite .IXIC gained 266.99 points, or 1.51%, to 17,977.73.
For a full report, click on .N
- - - -
LONDON - European shares surged on Friday, capping off a week filled with earnings across the continent, as signs of a potential de-escalation of trade tensions between the U.S. and China and a stable jobs report in the United States aided risk-taking.
The pan-European STOXX 600 index .STOXX closed 1.7% higher, hovering near its closing level of April 2 - before global markets were roiled by U.S. President Donald Trump's now-delayed "reciprocal" tariffs on most trading partners.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average rose on Friday on optimism around progress on tariff talks and a weaker yen, setting the index to mark its longest rally in nearly two years.
The Nikkei .N225 rose 1.04% to close at 36,830.69, and posted a seventh straight session of gains, its longest winning streak since August 2023.
For a full report, click on .T
- - - -
SHANGHAI - Hong Kong stocks climbed to nearly a one-month high on Friday as signs of easing Sino-U.S. trade tensions comforted investors, while electronic vehicle (EV) makers rallied on strong sales.
Hong Kong's benchmark Hang Seng Index .HSI added 1.7% to end at 22,504.68, the highest close since April 3. Markets in China will resume trading on Tuesday, May 6
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares tracked global markets to end higher on Friday, with all sectors in green, as signs of possible easing in trade tensions between the U.S. and China buoyed risk sentiment.
The S&P/ASX 200 benchmark index .AXJO rose 1.1% to close at 8,238, gaining for a seventh straight session. It advanced 3.4% for the week - its best weekly performance since mid-December 2023.
For a full report, click on .AX
- - - -
SEOUL - Stock and bond markets in South Korea were little changed ahead of the four-day holiday through Tuesday.
The benchmark KOSPI .KS11 closed up 3.18 points, or 0.12%, at 2,559.79.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar dipped on Friday, with investors nervous about chasing its recent rebound too much further ahead of important U.S. jobs data, but it remained set for a weekly rise against nearly all peers.
The U.S. dollar was still on track for a third straight weekly advance. Alongside U.S. Treasuries and shares, it has bounced from steep declines last month as President Donald Trump's erratic tariff policies drove fears of a recession and sapped confidence in U.S. assets.
For a full report, click on USD/
- - - -
SHANGHAI - China's stock and bond markets, foreign exchange and commodity futures markets will be closed from May 1 until May 5 for the Chinese Labour Day holiday.
Markets will resume trade on Tuesday, May 6.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars edged up on Friday as investors hoped there might be some tentative progress on U.S.-China trade talks, which helped offset a soft reading on local consumption.
The Aussie firmed 0.4% to $0.640 AUD=D3, recouping overnight losses. The currency has now failed multiple attempts to break above $0.6450 resistance, but has also found solid support around $0.6340.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won jumped on Friday to its highest in five months as signs of trade talks between China and the United States raised hopes that a trade war between the world's two biggest economies might ease.
The won strengthened as much as 1.63% to 1,404.0 per dollar on the onshore settlement platform KRW=KFTC.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields rose to a one-week high on Friday after data showed that employers added more jobs than economists had expected in April, pushing bets on the next Federal Reserve rate cut back one meeting to July.
Benchmark 10-year Treasury yields US10YT=RR were last at 4.326%, up from 4.231% on Thursday and were on track for their largest daily increase since April 11.
For a full report, click on US/
- - - -
LONDON - Euro area benchmark Bund yields were on track for their biggest daily rise since early March, tracking moves from U.S. Treasuries after strong jobs data.
Germany's 10-year yield DE10YT=RR, the benchmark for the euro area, rose 8 basis points to 2.52%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Yields on Japan's shorter-ended bonds fell on Friday amid strong investor demand for these notes, on expectations that the Bank of Japan will not raise rates soon.
The 10-year JGB yield JP10YTN=JBTC fell 1 bp to 1.26%.
For a full report, click on JP/
COMMODITIES
GOLD
Gold edged lower on Friday and was headed for a second consecutive weekly loss as easing trade tensions between the U.S. and China and a strong jobs report kept prices pressured.
Spot gold XAU= was down 0.4% at $3,228.50 an ounce as of 1:41 p.m. ET (1741 GMT).
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures edged lower on Wednesday, posting a third straight monthly decline amid the possibility of steel output cuts in top consumer China, while demand slowed ahead of the Labour Day holiday.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 0.78% lower at 703.5 yuan ($96.81) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS
Copper prices moved higher on Friday on signs that the U.S. and China were moving closer to a solution to their fractious trade war.
Three-month copper on the London Metal Exchange CMCU3 gained 2% to $9,387 per metric ton by 1610 GMT after rising by nearly 1% in the previous session.
For a full report, click on MET/L
- - - -
OIL
Oil prices fell over 1% lower on Friday and recorded for their biggest weekly losses since the end of March, as traders turned cautious ahead of an OPEC+ meeting to decide the group's output policy for June.
Brent crude futures LCOc1 closed down 84 cents, or 1.4%, at $61.29 a barrel.
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures reversed earlier gains on Friday, as a firmer ringgit and weak demand from key markets weighed on prices, while it logged a weekly loss.
The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives Exchange fell 0.79% to 3,880 ringgit ($911.23) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures rose for a fourth session on Friday and posted a weekly gain, supported by a weaker yen and signs of progress in Washington's trade talks with top consumer China.
The Osaka Exchange (OSE) rubber contract for October delivery JRUc6, 0#2JRU: closed up 2.9 yen, or 0.99%, at 296.9 yen ($2.04) per kg. T
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
May 5 (Reuters) -
Stock Markets | closing level) | Net Chng | Stock Markets | Net Chng | |
S&P/ASX 200** | 8238 | 92.4 | NZX 50** | 12327.89 | 179.29 |
DJIA | 41317.43 | 564.47 | NIKKEI** | 36830.69 | 378.39 |
Nasdaq | 17977.728 | 266.989 | FTSE** | 8596.35 | 99.55 |
S&P 500 | 5686.67 | 82.53 | Hang Seng** | 22504.68 | 385.27 |
SPI 200 Fut | 8280 | 32 | STI** | 3845.14 | 12.63 |
SSEC** | 3279.0314 | -7.6234 | KOSPI** | 2559.79 | 3.18 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.265 | -0.005 | KR 10 YR Bond | 10465.41 | 2.851 |
AU 10 YR Bond | 87.894 | -0.122 | US 10 YR Bond | 102.4063 | 2.1035 |
NZ 10 YR Bond | 100.314 | 0.032 | US 30 YR Bond | 97.40625 | 1.2244 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2971 | -0.0137 | KRW US$ | 1,397.90 | -37.19 |
AUD US$ | 0.6442 | 0.0059 | NZD US$ | 0.5947 | 0.0041 |
EUR US$ | 1.1295 | 0.0004 | Yen US$ | 144.93 | -0.50 |
THB US$ | 33.06 | -0.47 | PHP US$ | 55.650 | -0.221 |
IDR US$ | 16,430 | -165 | INR US$ | 84.4990 | -0.0810 |
MYR US$ | 4.2580 | -0.0540 | TWD US$ | 30.704 | -1.404 |
CNY US$ | 7.2706 | 0.000 | HKD US$ | 7.7500 | -0.0066 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3240.0769 | -0.21 | Silver (Lon) | 31.98 | -0.42 |
U.S. Gold Fut | 3243.3 | -23.6 | Brent Crude | 61.29 | -0.84 |
Iron Ore | 703.5 | -5.5 | TRJCRB Index | ----- | ----- |
TOCOM Rubber | 293.8 | -3.1 | Copper | 9356 | 150 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1830 GMT
EQUITIES
GLOBAL - Wall Street and European stocks rallied and U.S. Treasury yields surged on Friday as investor risk appetite was strengthened by a strong employment report and signs China is open to tariff negotiations.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 13.23 points, or 1.58%, to 848.38.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street stocks advanced on Friday, notching the second straight week of gains, helped by strong economic data and potential easing of trade tensions between the U.S. and China.
The Dow Jones Industrial Average .DJI rose 564.47 points, or 1.39%, to 41,317.43, the S&P 500 .SPX gained 82.54 points, or 1.47%, to 5,686.68 and the Nasdaq Composite .IXIC gained 266.99 points, or 1.51%, to 17,977.73.
For a full report, click on .N
- - - -
LONDON - European shares surged on Friday, capping off a week filled with earnings across the continent, as signs of a potential de-escalation of trade tensions between the U.S. and China and a stable jobs report in the United States aided risk-taking.
The pan-European STOXX 600 index .STOXX closed 1.7% higher, hovering near its closing level of April 2 - before global markets were roiled by U.S. President Donald Trump's now-delayed "reciprocal" tariffs on most trading partners.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average rose on Friday on optimism around progress on tariff talks and a weaker yen, setting the index to mark its longest rally in nearly two years.
The Nikkei .N225 rose 1.04% to close at 36,830.69, and posted a seventh straight session of gains, its longest winning streak since August 2023.
For a full report, click on .T
- - - -
SHANGHAI - Hong Kong stocks climbed to nearly a one-month high on Friday as signs of easing Sino-U.S. trade tensions comforted investors, while electronic vehicle (EV) makers rallied on strong sales.
Hong Kong's benchmark Hang Seng Index .HSI added 1.7% to end at 22,504.68, the highest close since April 3. Markets in China will resume trading on Tuesday, May 6
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares tracked global markets to end higher on Friday, with all sectors in green, as signs of possible easing in trade tensions between the U.S. and China buoyed risk sentiment.
The S&P/ASX 200 benchmark index .AXJO rose 1.1% to close at 8,238, gaining for a seventh straight session. It advanced 3.4% for the week - its best weekly performance since mid-December 2023.
For a full report, click on .AX
- - - -
SEOUL - Stock and bond markets in South Korea were little changed ahead of the four-day holiday through Tuesday.
The benchmark KOSPI .KS11 closed up 3.18 points, or 0.12%, at 2,559.79.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar dipped on Friday, with investors nervous about chasing its recent rebound too much further ahead of important U.S. jobs data, but it remained set for a weekly rise against nearly all peers.
The U.S. dollar was still on track for a third straight weekly advance. Alongside U.S. Treasuries and shares, it has bounced from steep declines last month as President Donald Trump's erratic tariff policies drove fears of a recession and sapped confidence in U.S. assets.
For a full report, click on USD/
- - - -
SHANGHAI - China's stock and bond markets, foreign exchange and commodity futures markets will be closed from May 1 until May 5 for the Chinese Labour Day holiday.
Markets will resume trade on Tuesday, May 6.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars edged up on Friday as investors hoped there might be some tentative progress on U.S.-China trade talks, which helped offset a soft reading on local consumption.
The Aussie firmed 0.4% to $0.640 AUD=D3, recouping overnight losses. The currency has now failed multiple attempts to break above $0.6450 resistance, but has also found solid support around $0.6340.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won jumped on Friday to its highest in five months as signs of trade talks between China and the United States raised hopes that a trade war between the world's two biggest economies might ease.
The won strengthened as much as 1.63% to 1,404.0 per dollar on the onshore settlement platform KRW=KFTC.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields rose to a one-week high on Friday after data showed that employers added more jobs than economists had expected in April, pushing bets on the next Federal Reserve rate cut back one meeting to July.
Benchmark 10-year Treasury yields US10YT=RR were last at 4.326%, up from 4.231% on Thursday and were on track for their largest daily increase since April 11.
For a full report, click on US/
- - - -
LONDON - Euro area benchmark Bund yields were on track for their biggest daily rise since early March, tracking moves from U.S. Treasuries after strong jobs data.
Germany's 10-year yield DE10YT=RR, the benchmark for the euro area, rose 8 basis points to 2.52%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Yields on Japan's shorter-ended bonds fell on Friday amid strong investor demand for these notes, on expectations that the Bank of Japan will not raise rates soon.
The 10-year JGB yield JP10YTN=JBTC fell 1 bp to 1.26%.
For a full report, click on JP/
COMMODITIES
GOLD
Gold edged lower on Friday and was headed for a second consecutive weekly loss as easing trade tensions between the U.S. and China and a strong jobs report kept prices pressured.
Spot gold XAU= was down 0.4% at $3,228.50 an ounce as of 1:41 p.m. ET (1741 GMT).
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures edged lower on Wednesday, posting a third straight monthly decline amid the possibility of steel output cuts in top consumer China, while demand slowed ahead of the Labour Day holiday.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 0.78% lower at 703.5 yuan ($96.81) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS
Copper prices moved higher on Friday on signs that the U.S. and China were moving closer to a solution to their fractious trade war.
Three-month copper on the London Metal Exchange CMCU3 gained 2% to $9,387 per metric ton by 1610 GMT after rising by nearly 1% in the previous session.
For a full report, click on MET/L
- - - -
OIL
Oil prices fell over 1% lower on Friday and recorded for their biggest weekly losses since the end of March, as traders turned cautious ahead of an OPEC+ meeting to decide the group's output policy for June.
Brent crude futures LCOc1 closed down 84 cents, or 1.4%, at $61.29 a barrel.
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures reversed earlier gains on Friday, as a firmer ringgit and weak demand from key markets weighed on prices, while it logged a weekly loss.
The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives Exchange fell 0.79% to 3,880 ringgit ($911.23) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures rose for a fourth session on Friday and posted a weekly gain, supported by a weaker yen and signs of progress in Washington's trade talks with top consumer China.
The Osaka Exchange (OSE) rubber contract for October delivery JRUc6, 0#2JRU: closed up 2.9 yen, or 0.99%, at 296.9 yen ($2.04) per kg. T
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Onmobile Global Says Sri Lanka Branch Has Been Closed With Effect From Nov 16
Dec 2 (Reuters) - Onmobile Global Ltd ONMO.NS:
ONMOBILE GLOBAL - SRI LANKA BRANCH HAS BEEN CLOSED WITH EFFECT FROM NOV 16
Source text: ID:nNSE5dCYbW
Further company coverage: ONMO.NS
(([email protected];))
Dec 2 (Reuters) - Onmobile Global Ltd ONMO.NS:
ONMOBILE GLOBAL - SRI LANKA BRANCH HAS BEEN CLOSED WITH EFFECT FROM NOV 16
Source text: ID:nNSE5dCYbW
Further company coverage: ONMO.NS
(([email protected];))
Onmobile Global To Raise Funds Worth Upto 3 Billion Rupees
Nov 29 (Reuters) - Onmobile Global Ltd ONMO.NS:
ONMOBILE GLOBAL LTD - TO RAISE FUNDS WORTH UPTO 3 BILLION RUPEES
ONMOBILE GLOBAL LTD - FUND RAISE VIA QIP AND OTHER MODES
Source text: [ID:]
Further company coverage: ONMO.NS
(([email protected];))
Nov 29 (Reuters) - Onmobile Global Ltd ONMO.NS:
ONMOBILE GLOBAL LTD - TO RAISE FUNDS WORTH UPTO 3 BILLION RUPEES
ONMOBILE GLOBAL LTD - FUND RAISE VIA QIP AND OTHER MODES
Source text: [ID:]
Further company coverage: ONMO.NS
(([email protected];))
Onmobile Global To Consider Issuance Of Eligible Securities Through Modes Including QIP
Nov 25 (Reuters) - Onmobile Global Ltd ONMO.NS:
ONMOBILE GLOBAL - TO CONSIDER ISSUANCE OF ELIGIBLE SECURITIES THROUGH MODES INCLUDING QIP
Further company coverage: ONMO.NS
(([email protected];))
Nov 25 (Reuters) - Onmobile Global Ltd ONMO.NS:
ONMOBILE GLOBAL - TO CONSIDER ISSUANCE OF ELIGIBLE SECURITIES THROUGH MODES INCLUDING QIP
Further company coverage: ONMO.NS
(([email protected];))
India's Onmobile Global falls after posting qtrly loss
** Shares of Onmobile Global ONMO.NS down 6.3% to 83 rupees, its steepest drop since early-June
** Mobile entertainment services provider posted Q1 net loss vs year-ago profit
** Stock down 22.5% YTD, after an 18.9% climb in 2023
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Onmobile Global ONMO.NS down 6.3% to 83 rupees, its steepest drop since early-June
** Mobile entertainment services provider posted Q1 net loss vs year-ago profit
** Stock down 22.5% YTD, after an 18.9% climb in 2023
(Reporting by Aleef Jahan in Bengaluru)
Onmobile Global June-Qtr Consol Net Loss 153.2 Mln Rupees
July 31 (Reuters) - Onmobile Global Ltd ONMO.NS:
JUNE-QUARTER CONSOL NET LOSS 153.2 MILLION RUPEES
JUNE-QUARTER CONSOL TOTAL INCOME 1.24 BILLION RUPEES
Source text for Eikon: ID:nBSE1B6PMz
Further company coverage: ONMO.NS
(([email protected];;))
July 31 (Reuters) - Onmobile Global Ltd ONMO.NS:
JUNE-QUARTER CONSOL NET LOSS 153.2 MILLION RUPEES
JUNE-QUARTER CONSOL TOTAL INCOME 1.24 BILLION RUPEES
Source text for Eikon: ID:nBSE1B6PMz
Further company coverage: ONMO.NS
(([email protected];;))
Onmobile Global March-Quarter Consol Net Loss Narrows
May 14 (Reuters) - Onmobile Global Ltd ONMO.NS:
MARCH-QUARTER CONSOL NET LOSS 5.9 MILLION RUPEES VERSUS LOSS 21.4 MILLION RUPEES
MARCH-QUARTER CONSOL TOTAL INCOME 1.26 BILLION RUPEES VERSUS 1.27 BILLION RUPEES
Source text for Eikon: ID:nBSE90BGgt
Further company coverage: ONMO.NS
(([email protected];))
May 14 (Reuters) - Onmobile Global Ltd ONMO.NS:
MARCH-QUARTER CONSOL NET LOSS 5.9 MILLION RUPEES VERSUS LOSS 21.4 MILLION RUPEES
MARCH-QUARTER CONSOL TOTAL INCOME 1.26 BILLION RUPEES VERSUS 1.27 BILLION RUPEES
Source text for Eikon: ID:nBSE90BGgt
Further company coverage: ONMO.NS
(([email protected];))
Onmobile Global Says François-Charles Sirois Re-Designated As Executive Chairman And CEO
March 6 (Reuters) - Onmobile Global Ltd ONMO.NS:
FRANÇOIS-CHARLES SIROIS RE-DESIGNATED AS EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER
SANJAY BAWEJA RESIGNED AS GLOBAL CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR
Source text for Eikon: ID:nNSE2bd5ym
Further company coverage: ONMO.NS
(([email protected];))
March 6 (Reuters) - Onmobile Global Ltd ONMO.NS:
FRANÇOIS-CHARLES SIROIS RE-DESIGNATED AS EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER
SANJAY BAWEJA RESIGNED AS GLOBAL CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR
Source text for Eikon: ID:nNSE2bd5ym
Further company coverage: ONMO.NS
(([email protected];))
Onmobile Global Says Due To Vi's Modification Of Business Model Related To Services Provided By Co There Is An Impact On Revenue For Quarter
Nov 6 (Reuters) - Onmobile Global Ltd ONMO.NS:
ONMOBILE GLOBAL LTD - DUE TO VI'S MODIFICATION OF BUSINESS MODEL RELATED TO SERVICES PROVIDED BY CO THERE IS AN IMPACT ON REVENUE FOR QUARTER
ONMOBILE GLOBAL LTD - IMPACT OF 185 MILLION RUPEES ON REVENUE FOR QUARTER DUE TO VI’S MODIFICATION OF BUSINESS MODEL
Source text for Eikon: ID:nBSE2t06L3
Further company coverage: ONMO.NS
(([email protected];;))
Nov 6 (Reuters) - Onmobile Global Ltd ONMO.NS:
ONMOBILE GLOBAL LTD - DUE TO VI'S MODIFICATION OF BUSINESS MODEL RELATED TO SERVICES PROVIDED BY CO THERE IS AN IMPACT ON REVENUE FOR QUARTER
ONMOBILE GLOBAL LTD - IMPACT OF 185 MILLION RUPEES ON REVENUE FOR QUARTER DUE TO VI’S MODIFICATION OF BUSINESS MODEL
Source text for Eikon: ID:nBSE2t06L3
Further company coverage: ONMO.NS
(([email protected];;))
Onmobile Global Says Unit Onmobile Madagascar Telecom Has Been Closed
Aug 22 (Reuters) - Onmobile Global Ltd ONMO.NS:
UNIT ONMOBILE MADAGASCAR TELECOM HAS BEEN CLOSED
Source text for Eikon: ID:nBSE68cfY6
Further company coverage: ONMO.NS
(([email protected];))
Aug 22 (Reuters) - Onmobile Global Ltd ONMO.NS:
UNIT ONMOBILE MADAGASCAR TELECOM HAS BEEN CLOSED
Source text for Eikon: ID:nBSE68cfY6
Further company coverage: ONMO.NS
(([email protected];))
Asia Morning Call-Global Markets
Aug 3 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 7,354.60 | -96.10 | NZX 50** | 11,962.04 | -18.373 |
DJIA | 35,320.75 | -309.93 | NIKKEI** | 32,707.69 | -768.89 |
Nasdaq | 13,986.955 | -296.96 | FTSE** | 7,561.63 | -104.64 |
S&P 500 | 4,516.88 | -59.85 | Hang Seng** | 19,517.38 | -493.74 |
SPI 200 Fut | 7,244.00 | -55.00 | STI** | 3,325.02 | -48.77 |
SSEC** | 3,261.69 | -29.26 | KOSPI** | 2,616.47 | -50.60 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 0.632 | 0.005 | KR 10 YR Bond | 3.799 | 0.076 |
AU 10 YR Bond | 4.032 | 0.006 | US 10 YR Bond | 4.0775 | 0.03 |
NZ 10 YR Bond | 4.757 | -0.013 | US 30 YR Bond | 4.167 | 0.064 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.3413 | 0.0053 | KRW US$ | 1,300.4 | 11.4 |
AUD US$ | 0.65485 | -0.00645 | NZD US$ | 0.6086 | -0.0062 |
EUR US$ | 1.0947 | -0.0035 | Yen US$ | 143.22 | -0.1 |
THB US$ | 34.44 | 0.12 | PHP US$ | 55.11 | 0.21 |
IDR US$ | 15,170 | 60 | INR US$ | 82.73 | 0.39 |
MYR US$ | 4.541 | 0.024 | TWD US$ | 31.625 | 0.107 |
CNY US$ | 7.192 | 0.015 | HKD US$ | 7.8014 | 0.008 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 1,936.0233 | -8.056 | Silver (Lon) | 23.727 | -0.603 |
U.S. Gold Fut | 1,972.10 | 21.8 | Brent Crude | 82.87 | -2.04 |
Iron Ore | CNY831 | -9 | TRJCRB Index | - | - |
TOCOM Rubber | JPY198.8 | 0.8 | LME Copper | 8,505 | -135 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 18:05 GMT
EQUITIES
GLOBAL - Global share markets and oil prices fell while Treasury yields and the dollar advanced on Wednesday as investors digested an unexpected downgrade of the United States' top-tier sovereign credit rating and private payrolls data that pointed to U.S. labor market resilience.
The downgrade hit global stock markets, taking Europe's STOXX 600 index .STOXX down 1.35%. Asia-Pacific stocks dropped earlier, down about 2%, partly because of signs of weakness in China's economy. .MIAP00000PUS
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street fell on Wednesday after rating agency Fitch's move to downgrade the U.S. government's credit rating hit appetite for risky assets around the world.
At 11:30 a.m. ET, the Dow Jones Industrial Average .DJI was down 233.56 points, or 0.66%, at 35,397.12, the S&P 500 .SPX was down 53.75 points, or 1.17%, at 4,522.98, and the Nasdaq Composite .IXIC was down 285.06 points, or 2.00%, at 13,998.86.
For a full report, click on .N
- - - -
LONDON - European shares tumbled to two-week lows on Wednesday, with broad-based losses as investors fled riskier assets after a surprise downgrade of the U.S. credit rating by Fitch.
The pan-European STOXX 600 index .STOXX fell 1.4%, touching its lowest level since July 18 and extending declines to the second straight day.
For a full report, click on .EU
- - - -
TOKYO - Japanese shares slid on Wednesday to their biggest one-day percentage drop this year, as caution prevailed across Asia after a surprise cut on the U.S. credit rating weighed on sentiment.
Japan's benchmark Nikkei average .N225 closed down 2.30% at 32,707.69 in its sharpest one-day drop since Dec. 20, while the broader Topix .TOPX slipped 1.54% to 2,301.26.
For a full report, click on .T
- - - -
SHANGHAI - China and Hong Kong stocks pulled back on Wednesday after a recent rally that was spurred by stimulus hopes as some investors booked profits in the absence of concrete and forceful measures by Beijing to shore up a flagging economy.
China's bluechip CSI300 Index .CSI300 fell 0.7%, while the Shanghai Composite Index .SSEC lost 0.9%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares logged their worst day since early July on Wednesday, led by declines in the financial and commodity stocks, as investor sentiment globally took a hit after rating agency Fitch downgraded United States government credit.
The S&P/ASX 200 index .AXJO closed 1.3% lower at 7,354.7 points, posting its biggest daily decline since July 7. All sub indexes ended lower.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares and currency plunged on Wednesday as risk appetite dampened after an unexpected downgrade in the U.S. government's credit rating by Fitch.
The benchmark KOSPI .KS11 closed down 50.60 points, or 1.90%, at 2,616.47.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar rose on Wednesday as investors shrugged off Fitch's U.S. credit rating downgrade while data showing a larger-than-expected increase in private payrolls in July bolstered the greenback as it suggested further labor market resilience.
The dollar index =USD, a measure of the U.S. currency against six peers, rose 0.745% to a fresh three-week high. The dollar index has gained 3.0% from a 15-month low on July 18.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan eased to a one-week low on Thursday in thin trading after disappointing economic data this week and a lack of concrete measures to shore up the economy weighed on the currency.
The spot yuan CNY=CFXS opened at 7.1698 per dollar and fell as low as 7.1877, 0.11% weaker than the previous close.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Aussie and kiwi dollars teetered close to key support levels on Wednesday as investors reduced bets on higher interest rates following a second rate pause in Australia and an uptick in New Zealand jobless rate.
The Aussie AUD=D3 was flat at $0.6614, just a touch above a major support level of 66 cents. It slid 1.6% overnight to a four-week trough of $0.6602 after the Reserve Bank of Australia delivered its second rate pause, fuelling speculation that the tightening cycle might be already over.
The kiwi dollar NZD=D3 lost 0.4% to $0.6128, also a whisker away from a key level of $0.6121, as dairy prices fell at a global auction and data showed that the jobless rate in New Zealand unexpectedly ticked up to 3.6% from 3.5%.
For a full report, click on AUD/
- - - -
SEOUL - South Korean shares and currency plunged on Wednesday as risk appetite dampened after an unexpected downgrade in the U.S. government's credit rating by Fitch.
The won ended onshore trade 1.13% lower KRW=KFTC at 1,298.5 per dollar.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Long-term U.S. Treasury yields gained on Wednesday after strong private employment data and the announced refunding of the U.S. government's maturing debt.
U.S. 10-year Treasury yields US10YT=RR were last up 6.9 basis points at 4.085% from Tuesday's levels.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields were lower on Wednesday after the U.S. sovereign rating was downgraded by Fitch, the second major ratings agency to strip the U.S. of its triple-A rating after Standard & Poor's.
Germany's 10-year yield DE10YT=RR, the benchmark for the euro area, dropped 3 basis points (bps) to 2.494%. Bond yields move inversely with prices.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japan's 10-year bond yield hit a fresh nine-year peak on Wednesday as investors continued to test the Bank of Japan's tolerance for higher yields following Friday's surprise policy tweak.
The 10-year JGB yield JP10YTN=JBTC rose 2 basis points (bps) to 0.61%, the highest since June 2014.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices slipped on Wednesday as the dollar rose and bond yields strengthened after data showed U.S. private payrolls increased more than expected in July.
Spot gold XAU= was down 0.5% at $1,935.27 per ounce at 11:50 a.m. EDT (1550 GMT), after rising as much as 0.6% earlier on some safe-haven bids after ratings agency Fitch downgraded the U.S. government's credit rating to AA+ from AAA.
For a full report, click on GOL/
- - - -
IRON ORE - Dalian coking coal futures ended at a one-week high on Wednesday after hitting a more than three-month high earlier, as supply in northern China was disrupted by the worst storms in more than a decade caused by typhoon Doksuri.
The most-traded September coking coal futures DJMcv1 on China's Dalian Commodity Exchange (DCE) ended daytime trade 2.43% higher at 1,514.5 yuan ($210.88) per metric ton, its highest level since July 26, while coke rose 1.2% to 2,355.5 yuan per metric ton, its highest since April 19.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices extended losses in London on Wednesday as stronger U.S. dollar as well as weak manufacturing data and a struggling property sector in top consumer China soured sentiment.
Three-month copper CMCU3 on the London Metal Exchange (LME) dropped 1.5% to $8,505 per metric ton by 1602 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil prices fell on Wednesday after sharp gains despite a historic drop in U.S. crude stocks, as traders derisk following the downgrade of U.S. government top credit by a major ratings agency.
U.S. crude futures CLc1 fell by $1.94, or 2.4%, to $80.77 a barrel while Brent crude futures LCOc1 fell by $1.77, or 2.1%, to $84.41 a barrel by 11:03 a.m. EDT.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures closed up on Wednesday after six straight sessions of losses, underpinned by a weaker ringgit and stronger rival oils.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange gained 45 ringgit, or 1.16%, to 3,917 ringgit ($862.59) per metric ton on the closing.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures fell further on Wednesday, as slowing factory activity and a firm yen outweighed China's latest attempts to buttress its faltering economy.
Osaka Exchange's rubber contract for January delivery JRUc6, 0#2JRU: finished 1.7 yen, or 0.9%, lower at 198.0 yen ($1.39) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Aug 3 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 7,354.60 | -96.10 | NZX 50** | 11,962.04 | -18.373 |
DJIA | 35,320.75 | -309.93 | NIKKEI** | 32,707.69 | -768.89 |
Nasdaq | 13,986.955 | -296.96 | FTSE** | 7,561.63 | -104.64 |
S&P 500 | 4,516.88 | -59.85 | Hang Seng** | 19,517.38 | -493.74 |
SPI 200 Fut | 7,244.00 | -55.00 | STI** | 3,325.02 | -48.77 |
SSEC** | 3,261.69 | -29.26 | KOSPI** | 2,616.47 | -50.60 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 0.632 | 0.005 | KR 10 YR Bond | 3.799 | 0.076 |
AU 10 YR Bond | 4.032 | 0.006 | US 10 YR Bond | 4.0775 | 0.03 |
NZ 10 YR Bond | 4.757 | -0.013 | US 30 YR Bond | 4.167 | 0.064 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.3413 | 0.0053 | KRW US$ | 1,300.4 | 11.4 |
AUD US$ | 0.65485 | -0.00645 | NZD US$ | 0.6086 | -0.0062 |
EUR US$ | 1.0947 | -0.0035 | Yen US$ | 143.22 | -0.1 |
THB US$ | 34.44 | 0.12 | PHP US$ | 55.11 | 0.21 |
IDR US$ | 15,170 | 60 | INR US$ | 82.73 | 0.39 |
MYR US$ | 4.541 | 0.024 | TWD US$ | 31.625 | 0.107 |
CNY US$ | 7.192 | 0.015 | HKD US$ | 7.8014 | 0.008 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 1,936.0233 | -8.056 | Silver (Lon) | 23.727 | -0.603 |
U.S. Gold Fut | 1,972.10 | 21.8 | Brent Crude | 82.87 | -2.04 |
Iron Ore | CNY831 | -9 | TRJCRB Index | - | - |
TOCOM Rubber | JPY198.8 | 0.8 | LME Copper | 8,505 | -135 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 18:05 GMT
EQUITIES
GLOBAL - Global share markets and oil prices fell while Treasury yields and the dollar advanced on Wednesday as investors digested an unexpected downgrade of the United States' top-tier sovereign credit rating and private payrolls data that pointed to U.S. labor market resilience.
The downgrade hit global stock markets, taking Europe's STOXX 600 index .STOXX down 1.35%. Asia-Pacific stocks dropped earlier, down about 2%, partly because of signs of weakness in China's economy. .MIAP00000PUS
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street fell on Wednesday after rating agency Fitch's move to downgrade the U.S. government's credit rating hit appetite for risky assets around the world.
At 11:30 a.m. ET, the Dow Jones Industrial Average .DJI was down 233.56 points, or 0.66%, at 35,397.12, the S&P 500 .SPX was down 53.75 points, or 1.17%, at 4,522.98, and the Nasdaq Composite .IXIC was down 285.06 points, or 2.00%, at 13,998.86.
For a full report, click on .N
- - - -
LONDON - European shares tumbled to two-week lows on Wednesday, with broad-based losses as investors fled riskier assets after a surprise downgrade of the U.S. credit rating by Fitch.
The pan-European STOXX 600 index .STOXX fell 1.4%, touching its lowest level since July 18 and extending declines to the second straight day.
For a full report, click on .EU
- - - -
TOKYO - Japanese shares slid on Wednesday to their biggest one-day percentage drop this year, as caution prevailed across Asia after a surprise cut on the U.S. credit rating weighed on sentiment.
Japan's benchmark Nikkei average .N225 closed down 2.30% at 32,707.69 in its sharpest one-day drop since Dec. 20, while the broader Topix .TOPX slipped 1.54% to 2,301.26.
For a full report, click on .T
- - - -
SHANGHAI - China and Hong Kong stocks pulled back on Wednesday after a recent rally that was spurred by stimulus hopes as some investors booked profits in the absence of concrete and forceful measures by Beijing to shore up a flagging economy.
China's bluechip CSI300 Index .CSI300 fell 0.7%, while the Shanghai Composite Index .SSEC lost 0.9%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares logged their worst day since early July on Wednesday, led by declines in the financial and commodity stocks, as investor sentiment globally took a hit after rating agency Fitch downgraded United States government credit.
The S&P/ASX 200 index .AXJO closed 1.3% lower at 7,354.7 points, posting its biggest daily decline since July 7. All sub indexes ended lower.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares and currency plunged on Wednesday as risk appetite dampened after an unexpected downgrade in the U.S. government's credit rating by Fitch.
The benchmark KOSPI .KS11 closed down 50.60 points, or 1.90%, at 2,616.47.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar rose on Wednesday as investors shrugged off Fitch's U.S. credit rating downgrade while data showing a larger-than-expected increase in private payrolls in July bolstered the greenback as it suggested further labor market resilience.
The dollar index =USD, a measure of the U.S. currency against six peers, rose 0.745% to a fresh three-week high. The dollar index has gained 3.0% from a 15-month low on July 18.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan eased to a one-week low on Thursday in thin trading after disappointing economic data this week and a lack of concrete measures to shore up the economy weighed on the currency.
The spot yuan CNY=CFXS opened at 7.1698 per dollar and fell as low as 7.1877, 0.11% weaker than the previous close.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Aussie and kiwi dollars teetered close to key support levels on Wednesday as investors reduced bets on higher interest rates following a second rate pause in Australia and an uptick in New Zealand jobless rate.
The Aussie AUD=D3 was flat at $0.6614, just a touch above a major support level of 66 cents. It slid 1.6% overnight to a four-week trough of $0.6602 after the Reserve Bank of Australia delivered its second rate pause, fuelling speculation that the tightening cycle might be already over.
The kiwi dollar NZD=D3 lost 0.4% to $0.6128, also a whisker away from a key level of $0.6121, as dairy prices fell at a global auction and data showed that the jobless rate in New Zealand unexpectedly ticked up to 3.6% from 3.5%.
For a full report, click on AUD/
- - - -
SEOUL - South Korean shares and currency plunged on Wednesday as risk appetite dampened after an unexpected downgrade in the U.S. government's credit rating by Fitch.
The won ended onshore trade 1.13% lower KRW=KFTC at 1,298.5 per dollar.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Long-term U.S. Treasury yields gained on Wednesday after strong private employment data and the announced refunding of the U.S. government's maturing debt.
U.S. 10-year Treasury yields US10YT=RR were last up 6.9 basis points at 4.085% from Tuesday's levels.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields were lower on Wednesday after the U.S. sovereign rating was downgraded by Fitch, the second major ratings agency to strip the U.S. of its triple-A rating after Standard & Poor's.
Germany's 10-year yield DE10YT=RR, the benchmark for the euro area, dropped 3 basis points (bps) to 2.494%. Bond yields move inversely with prices.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japan's 10-year bond yield hit a fresh nine-year peak on Wednesday as investors continued to test the Bank of Japan's tolerance for higher yields following Friday's surprise policy tweak.
The 10-year JGB yield JP10YTN=JBTC rose 2 basis points (bps) to 0.61%, the highest since June 2014.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices slipped on Wednesday as the dollar rose and bond yields strengthened after data showed U.S. private payrolls increased more than expected in July.
Spot gold XAU= was down 0.5% at $1,935.27 per ounce at 11:50 a.m. EDT (1550 GMT), after rising as much as 0.6% earlier on some safe-haven bids after ratings agency Fitch downgraded the U.S. government's credit rating to AA+ from AAA.
For a full report, click on GOL/
- - - -
IRON ORE - Dalian coking coal futures ended at a one-week high on Wednesday after hitting a more than three-month high earlier, as supply in northern China was disrupted by the worst storms in more than a decade caused by typhoon Doksuri.
The most-traded September coking coal futures DJMcv1 on China's Dalian Commodity Exchange (DCE) ended daytime trade 2.43% higher at 1,514.5 yuan ($210.88) per metric ton, its highest level since July 26, while coke rose 1.2% to 2,355.5 yuan per metric ton, its highest since April 19.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices extended losses in London on Wednesday as stronger U.S. dollar as well as weak manufacturing data and a struggling property sector in top consumer China soured sentiment.
Three-month copper CMCU3 on the London Metal Exchange (LME) dropped 1.5% to $8,505 per metric ton by 1602 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil prices fell on Wednesday after sharp gains despite a historic drop in U.S. crude stocks, as traders derisk following the downgrade of U.S. government top credit by a major ratings agency.
U.S. crude futures CLc1 fell by $1.94, or 2.4%, to $80.77 a barrel while Brent crude futures LCOc1 fell by $1.77, or 2.1%, to $84.41 a barrel by 11:03 a.m. EDT.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures closed up on Wednesday after six straight sessions of losses, underpinned by a weaker ringgit and stronger rival oils.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange gained 45 ringgit, or 1.16%, to 3,917 ringgit ($862.59) per metric ton on the closing.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures fell further on Wednesday, as slowing factory activity and a firm yen outweighed China's latest attempts to buttress its faltering economy.
Osaka Exchange's rubber contract for January delivery JRUc6, 0#2JRU: finished 1.7 yen, or 0.9%, lower at 198.0 yen ($1.39) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
India tax council to meet on Aug 2 to finalise online gaming tax - source
NEW DELHI, July 26 (Reuters) - India's Goods and Services Tax (GST) Council will meet on Aug. 2 to decide on a 28% tax on funds that online gaming companies and casinos collect from customers, and finalise other rules, a government official said on Wednesday.
The council, chaired by India's Finance Minister Nirmala Sitharaman and comprising state finance ministers, will decide if the tax should be imposed only once on the total funds deposited to play an online game, or each time a bet is placed - something the industry fears will lead to repeated taxation.
The official asked not to be named because he was not authorised to speak to the media. The Finance Ministry and GST Council Secretariat did not immediately respond to a Reuters request for comment.
Since the government first announced its plan for the tax on July 11, the gaming industry and its investors have asked it to review the decision, which will increase the tax burden on both companies and consumers.
Last week, Tiger Global, Peak XV and Steadview Capital were among 30 foreign and domestic investors that asked Prime Minister Narendra Modi to review the tax, saying the levy would adversely impact $4 billion in prospective investments.
India's revenue secretary, Sanjay Malhotra, told a local television channel on Tuesday that "the taxation, as has been claimed by the gaming industry, becomes very high in case it is taxed at each and every bet. That's true, it's a fact."
This would be taken into account when a final decision is taken by the GST Council, Malhotra told NDTV.
(Reporting by Nikunj Ohri; Editing by Savio D'Souza)
(([email protected]; +91 90284 60730; Reuters Messaging: twitter.com/nikunj_ohri))
NEW DELHI, July 26 (Reuters) - India's Goods and Services Tax (GST) Council will meet on Aug. 2 to decide on a 28% tax on funds that online gaming companies and casinos collect from customers, and finalise other rules, a government official said on Wednesday.
The council, chaired by India's Finance Minister Nirmala Sitharaman and comprising state finance ministers, will decide if the tax should be imposed only once on the total funds deposited to play an online game, or each time a bet is placed - something the industry fears will lead to repeated taxation.
The official asked not to be named because he was not authorised to speak to the media. The Finance Ministry and GST Council Secretariat did not immediately respond to a Reuters request for comment.
Since the government first announced its plan for the tax on July 11, the gaming industry and its investors have asked it to review the decision, which will increase the tax burden on both companies and consumers.
Last week, Tiger Global, Peak XV and Steadview Capital were among 30 foreign and domestic investors that asked Prime Minister Narendra Modi to review the tax, saying the levy would adversely impact $4 billion in prospective investments.
India's revenue secretary, Sanjay Malhotra, told a local television channel on Tuesday that "the taxation, as has been claimed by the gaming industry, becomes very high in case it is taxed at each and every bet. That's true, it's a fact."
This would be taken into account when a final decision is taken by the GST Council, Malhotra told NDTV.
(Reporting by Nikunj Ohri; Editing by Savio D'Souza)
(([email protected]; +91 90284 60730; Reuters Messaging: twitter.com/nikunj_ohri))
Onmobile Global Q1 2024 Business Update
July 12 (Reuters) - Onmobile Global Ltd ONMO.NS:
Q1 2024 BUSINESS UPDATE FOR ONMOBILE GLOBAL
NUMBER OF CUSTOMERS FOR CHALLENGES ARENA IN Q1 UP 29% VS PREV QTR
Source text for Eikon: ID:nNSE8ZfCSP
Further company coverage: ONMO.NS
(([email protected];))
July 12 (Reuters) - Onmobile Global Ltd ONMO.NS:
Q1 2024 BUSINESS UPDATE FOR ONMOBILE GLOBAL
NUMBER OF CUSTOMERS FOR CHALLENGES ARENA IN Q1 UP 29% VS PREV QTR
Source text for Eikon: ID:nNSE8ZfCSP
Further company coverage: ONMO.NS
(([email protected];))
India's Onmobile Global climbs on launching SaaS-based platform
** Shares of Onmobile Global Ltd ONMO.NS rise as much as 8.02% to 75.40 rupees, a three-month high
** Co launches its first-ever SaaS-based gamification platform for brands across industries, called Gamize
** Trading volume at 2.52 mln shares as of 2:12 p.m. IST, nearly 4x the 30-day avg - Refinitiv data
** Stock's MACD line has been above signal line since April 3, suggesting near-term bullish momentum
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
** Shares of Onmobile Global Ltd ONMO.NS rise as much as 8.02% to 75.40 rupees, a three-month high
** Co launches its first-ever SaaS-based gamification platform for brands across industries, called Gamize
** Trading volume at 2.52 mln shares as of 2:12 p.m. IST, nearly 4x the 30-day avg - Refinitiv data
** Stock's MACD line has been above signal line since April 3, suggesting near-term bullish momentum
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
Asia Morning Call-Global Markets
April 25 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 7,322.00 | -8.40 | NZX 50** | 11,927.5 | 98.890 |
DJIA | 33,824.37 | 15.41 | NIKKEI** | 28,593.52 | 29.15 |
Nasdaq | 12,031.012 | -41.44 | FTSE** | 7,912.2 | -1.93 |
S&P 500 | 4,134.61 | 1.09 | Hang Seng** | 19,959.94 | -115.79 |
SPI 200 Fut | 7,351.00 | 21.00 | STI** | 3,324.55 | 2.73 |
SSEC** | 3,275.41 | -25.84 | KOSPI** | 2,523.5 | -20.90 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 0.475 | 0.005 | KR 10 YR Bond | 3.306 | -0.039 |
AU 10 YR Bond | 3.462 | -0.01 | US 10 YR Bond | 3.5128 | -0.059 |
NZ 10 YR Bond | 4.165 | 0 | US 30 YR Bond | 3.726 | -0.052 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.3339 | -0.0005 | KRW US$ | 1,333.27 | 3.91 |
AUD US$ | 0.6691 | -0.00025 | NZD US$ | 0.6158 | 0.0025 |
EUR US$ | 1.1046 | 0.0059 | Yen US$ | 134.33 | 0.18 |
THB US$ | 34.34 | -0.01 | PHP US$ | 55.66 | -0.22 |
IDR US$ | 14,840 | 55 | INR US$ | 81.95 | -0.08 |
MYR US$ | 4.435 | -0.005 | TWD US$ | 30.645 | 0.023 |
CNY US$ | 6.8952 | 0.0022 | HKD US$ | 7.8493 | 0.0018 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 1,989.31 | 6.4152 | Silver (Lon) | 25.1814 | 0.1499 |
U.S. Gold Fut | 1,999.95 | 9.65 | Brent Crude | 82.68 | 1.02 |
Iron Ore | CNY715.50 | -30 | TRJCRB Index | - | - |
TOCOM Rubber | JPY207.4 | 0.6 | LME Copper | 8,739 | -5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 18:15 GMT
EQUITIES
GLOBAL - Wall Street was subdued and U.S. Treasury yields dipped on Monday as investors braced for a week of high-profile quarterly earnings and closely watched economic data.
The pan-European STOXX 600 index .STOXX rose 0.03% and MSCI's gauge of stocks across the globe .MIWD00000PUS gained 0.03%.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The Nasdaq led Wall Street losses on Monday as Tesla shares came under pressure on the company's plans to increase spending, while investors awaited results from megacap companies and key economic data this week.
At 11:44 a.m. ET, the Dow Jones Industrial Average .DJI was down 52.81 points, or 0.16%, at 33,756.15, the S&P 500 .SPX was down 12.52 points, or 0.30%, at 4,121.00, and the Nasdaq Composite .IXIC was down 98.14 points, or 0.81%, at 11,974.32.
For a full report, click on .N
- - - -
LONDON - European shares ended flat on Monday at the beginning of a week packed with high-profile earnings, while shares of Dutch health technology company Philips jumped after strong first-quarter results.
The pan-European STOXX 600 index .STOXX closed at 468.97 points, keeping to a narrow three-point range for most of the day.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average trimmed some early gains on Monday, as the mood turned more cautious in the afternoon session, with investors casting an eye ahead to corporate earnings and a central bank meeting due later in the week.
The Nikkei .N225 ended the day up 0.1% at 28,593.52 after paring gains in the afternoon session. In the morning it had hit a high of 28,680.65, taking it close to Friday's eight-month peak of 28,778.37.
For a full report, click on .T
- - - -
SHANGHAI - China stocks fell for the fourth session in a row on Monday, weighed down by lingering concerns over the sustainability of the economic recovery, despite more bullish forecasts from global banks.
China's blue-chip CSI300 Index .CSI300 dropped 1.2% to a one-month low, while the Shanghai Composite Index .SSEC fell 0.8%. Hong Kong's benchmark Hang Seng .HSI lost 0.6%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares closed marginally weaker on Monday, dragged by losses in heavyweight mining stocks, while investors waited for initial trends from the earnings season and first-quarter inflation print due later this week.
The S&P/ASX 200 index .AXJO settled down 0.1% at 7,322.0 points.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares fell for a third straight session on Monday amid geopolitical worries and caution ahead of major company earnings. The Korean won weakened, while the benchmark bond yield fell.
The benchmark KOSPI .KS11 ended down 20.89 points, or 0.82%, at 2,523.51, marking its lowest closing level since April 10.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The euro gained while the Japanese yen fell on Monday in thin trading ahead of a closely watched Bank of Japan meeting and the last few data releases before Federal Reserve and European Central Bank interest rate decisions in early May.
The euro EUR=EBS was up 0.3% against the dollar at $1.1023, back above $1.10 for the first time since it hit a 14-month high of $1.10755 earlier this month.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan slipped versus the dollar on Monday, dropping to its weakest level in nearly a month, as investors await economic data from the U.S. this week that will help gauge the Federal Reserve's likely path on interest rates.
Spot yuan CNY=CFXS opened at 6.8881 per dollar and was changing hands at 6.9031 at midday, 101 pips weaker than the previous late session close.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars were on the defensive on Monday ahead of a reading on inflation which could well decide if Australian interest rates rise again, or have already peaked.
The Aussie stood at $0.6693 AUD=D3, having shed 0.7% on Friday to as low as $0.6678. It faces resistance at $0.6750, while major support lies at $0.6620.
The kiwi dollar lapsed to $0.6143 NZD=D3, after losing 0.6% on Friday. Support lies at the March low of $0.6085.
For a full report, click on AUD/
- - - -
SEOUL - The Korean won weakened, while the benchmark bond yield fell.
The won ended onshore trade KRW=KFTC 0.49% lower at 1,334.8 per dollar, after falling as much as 0.67% to hit a near five-month low of 1,337.1.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - One-month Treasury yields fell to their lowest levels since October on Monday as investors appeared to grow increasingly concerned about a potential standoff over the U.S. debt ceiling.
The yield on 10-year Treasury notes US10YT=RR was down 5.2 basis points to 3.520%, while the yield on the 30-year Treasury bond US30YT=RR was down 4.7 basis points to 3.731%.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields rose on Monday as investors bet the European Central Bank will raise its main interest rate to above 3.8% and braced for key economic data later in the week.
The German 10-year yield DE10YT=RR was flat at 2.484%. It was still almost 30 bps away from its early March level of 2.77%, which was its highest level since July 2011.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japan's 10-year government bond was almost flat on Monday ahead of the Bank of Japan's policy meeting towards the end of this week, as investors shrugged off comments from BOJ Governor Kazuo Ueda.
Benchmark 10-year JGB futures 2JGBv1 rose 0.06 yen to 147.77, with a trading volume of 8,638 lots.
For a full report, click on JP/
COMMODITIES
GOLD - Gold steadied on Monday, helped by a weaker dollar, although prices were stuck in a tight range as traders turned their attention to this week's economic data that may influence the U.S. Federal Reserve's next policy decision.
Spot gold XAU= was mostly flat at $1,983.06 per ounce by 11:25 a.m. EDT (1525 GMT) while U.S. gold futures GCv1 were up 0.2% to $1,993.60.
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures slumped to their lowest in more than four months on Monday as weak steel demand in China prompted a production slowdown, while latest reports from major miners signalled ample supply of the steelmaking ingredient.
The most-traded September iron ore on China's Dalian Commodity Exchange DCIOcv1 ended daytime trade 3.1% lower at 721.50 yuan ($104.69) a tonne. It earlier dropped to 715.50 yuan, its weakest since Dec. 21.
On the Singapore Exchange, the benchmark May iron ore SZZFK3 dropped as much as 4.9% to $102.80 a tonne, the lowest since late November.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices fell to more than a two-week low on Monday as the market focused on lacklustre demand in top consumer China, while a softer dollar helped to cap losses.
Benchmark copper CMCU3 on the London Metal Exchange (LME) was trading 0.6% lower at $8,739 a tonne by 1554 GMT, having earlier touched $8,726.5, its lowest level since April 5.
For a full report, click on MET/L
- - - -
OIL - Oil prices rose on Monday, reversing losses as investors grew optimistic that holiday travel in China would boost fuel demand in the world's largest oil importer.
Brent crude LCOc1 rose 1.06, or 1.3%, to $82.72 a barrel by 12:17 p.m. EDT (1717 GMT). U.S. West Texas Intermediate crude CLc1 rose 95 cents, or 1.2%, at $78.82.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures finished lower for a second session on Thursday, underpinned by weakening rival oils, while falling exports dragged prices further, even as futures rose for the week.
The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives Exchange slid 30 ringgit, or 0.80%, to 3,705 ringgit ($835.40) a tonne, but edged up 0.08% for the week.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures extended losses for a second day and posted their largest daily drop since April 6 on Monday, tracking losses in the Shanghai market and weaker crude.
Osaka Exchange's rubber contract for September delivery JRUc6, 0#2JRU: finished 4.3 yen, or 2.1%, lower at 205.8 yen ($1.53) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
April 25 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 7,322.00 | -8.40 | NZX 50** | 11,927.5 | 98.890 |
DJIA | 33,824.37 | 15.41 | NIKKEI** | 28,593.52 | 29.15 |
Nasdaq | 12,031.012 | -41.44 | FTSE** | 7,912.2 | -1.93 |
S&P 500 | 4,134.61 | 1.09 | Hang Seng** | 19,959.94 | -115.79 |
SPI 200 Fut | 7,351.00 | 21.00 | STI** | 3,324.55 | 2.73 |
SSEC** | 3,275.41 | -25.84 | KOSPI** | 2,523.5 | -20.90 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 0.475 | 0.005 | KR 10 YR Bond | 3.306 | -0.039 |
AU 10 YR Bond | 3.462 | -0.01 | US 10 YR Bond | 3.5128 | -0.059 |
NZ 10 YR Bond | 4.165 | 0 | US 30 YR Bond | 3.726 | -0.052 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.3339 | -0.0005 | KRW US$ | 1,333.27 | 3.91 |
AUD US$ | 0.6691 | -0.00025 | NZD US$ | 0.6158 | 0.0025 |
EUR US$ | 1.1046 | 0.0059 | Yen US$ | 134.33 | 0.18 |
THB US$ | 34.34 | -0.01 | PHP US$ | 55.66 | -0.22 |
IDR US$ | 14,840 | 55 | INR US$ | 81.95 | -0.08 |
MYR US$ | 4.435 | -0.005 | TWD US$ | 30.645 | 0.023 |
CNY US$ | 6.8952 | 0.0022 | HKD US$ | 7.8493 | 0.0018 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 1,989.31 | 6.4152 | Silver (Lon) | 25.1814 | 0.1499 |
U.S. Gold Fut | 1,999.95 | 9.65 | Brent Crude | 82.68 | 1.02 |
Iron Ore | CNY715.50 | -30 | TRJCRB Index | - | - |
TOCOM Rubber | JPY207.4 | 0.6 | LME Copper | 8,739 | -5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 18:15 GMT
EQUITIES
GLOBAL - Wall Street was subdued and U.S. Treasury yields dipped on Monday as investors braced for a week of high-profile quarterly earnings and closely watched economic data.
The pan-European STOXX 600 index .STOXX rose 0.03% and MSCI's gauge of stocks across the globe .MIWD00000PUS gained 0.03%.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The Nasdaq led Wall Street losses on Monday as Tesla shares came under pressure on the company's plans to increase spending, while investors awaited results from megacap companies and key economic data this week.
At 11:44 a.m. ET, the Dow Jones Industrial Average .DJI was down 52.81 points, or 0.16%, at 33,756.15, the S&P 500 .SPX was down 12.52 points, or 0.30%, at 4,121.00, and the Nasdaq Composite .IXIC was down 98.14 points, or 0.81%, at 11,974.32.
For a full report, click on .N
- - - -
LONDON - European shares ended flat on Monday at the beginning of a week packed with high-profile earnings, while shares of Dutch health technology company Philips jumped after strong first-quarter results.
The pan-European STOXX 600 index .STOXX closed at 468.97 points, keeping to a narrow three-point range for most of the day.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average trimmed some early gains on Monday, as the mood turned more cautious in the afternoon session, with investors casting an eye ahead to corporate earnings and a central bank meeting due later in the week.
The Nikkei .N225 ended the day up 0.1% at 28,593.52 after paring gains in the afternoon session. In the morning it had hit a high of 28,680.65, taking it close to Friday's eight-month peak of 28,778.37.
For a full report, click on .T
- - - -
SHANGHAI - China stocks fell for the fourth session in a row on Monday, weighed down by lingering concerns over the sustainability of the economic recovery, despite more bullish forecasts from global banks.
China's blue-chip CSI300 Index .CSI300 dropped 1.2% to a one-month low, while the Shanghai Composite Index .SSEC fell 0.8%. Hong Kong's benchmark Hang Seng .HSI lost 0.6%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares closed marginally weaker on Monday, dragged by losses in heavyweight mining stocks, while investors waited for initial trends from the earnings season and first-quarter inflation print due later this week.
The S&P/ASX 200 index .AXJO settled down 0.1% at 7,322.0 points.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares fell for a third straight session on Monday amid geopolitical worries and caution ahead of major company earnings. The Korean won weakened, while the benchmark bond yield fell.
The benchmark KOSPI .KS11 ended down 20.89 points, or 0.82%, at 2,523.51, marking its lowest closing level since April 10.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The euro gained while the Japanese yen fell on Monday in thin trading ahead of a closely watched Bank of Japan meeting and the last few data releases before Federal Reserve and European Central Bank interest rate decisions in early May.
The euro EUR=EBS was up 0.3% against the dollar at $1.1023, back above $1.10 for the first time since it hit a 14-month high of $1.10755 earlier this month.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan slipped versus the dollar on Monday, dropping to its weakest level in nearly a month, as investors await economic data from the U.S. this week that will help gauge the Federal Reserve's likely path on interest rates.
Spot yuan CNY=CFXS opened at 6.8881 per dollar and was changing hands at 6.9031 at midday, 101 pips weaker than the previous late session close.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars were on the defensive on Monday ahead of a reading on inflation which could well decide if Australian interest rates rise again, or have already peaked.
The Aussie stood at $0.6693 AUD=D3, having shed 0.7% on Friday to as low as $0.6678. It faces resistance at $0.6750, while major support lies at $0.6620.
The kiwi dollar lapsed to $0.6143 NZD=D3, after losing 0.6% on Friday. Support lies at the March low of $0.6085.
For a full report, click on AUD/
- - - -
SEOUL - The Korean won weakened, while the benchmark bond yield fell.
The won ended onshore trade KRW=KFTC 0.49% lower at 1,334.8 per dollar, after falling as much as 0.67% to hit a near five-month low of 1,337.1.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - One-month Treasury yields fell to their lowest levels since October on Monday as investors appeared to grow increasingly concerned about a potential standoff over the U.S. debt ceiling.
The yield on 10-year Treasury notes US10YT=RR was down 5.2 basis points to 3.520%, while the yield on the 30-year Treasury bond US30YT=RR was down 4.7 basis points to 3.731%.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields rose on Monday as investors bet the European Central Bank will raise its main interest rate to above 3.8% and braced for key economic data later in the week.
The German 10-year yield DE10YT=RR was flat at 2.484%. It was still almost 30 bps away from its early March level of 2.77%, which was its highest level since July 2011.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japan's 10-year government bond was almost flat on Monday ahead of the Bank of Japan's policy meeting towards the end of this week, as investors shrugged off comments from BOJ Governor Kazuo Ueda.
Benchmark 10-year JGB futures 2JGBv1 rose 0.06 yen to 147.77, with a trading volume of 8,638 lots.
For a full report, click on JP/
COMMODITIES
GOLD - Gold steadied on Monday, helped by a weaker dollar, although prices were stuck in a tight range as traders turned their attention to this week's economic data that may influence the U.S. Federal Reserve's next policy decision.
Spot gold XAU= was mostly flat at $1,983.06 per ounce by 11:25 a.m. EDT (1525 GMT) while U.S. gold futures GCv1 were up 0.2% to $1,993.60.
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures slumped to their lowest in more than four months on Monday as weak steel demand in China prompted a production slowdown, while latest reports from major miners signalled ample supply of the steelmaking ingredient.
The most-traded September iron ore on China's Dalian Commodity Exchange DCIOcv1 ended daytime trade 3.1% lower at 721.50 yuan ($104.69) a tonne. It earlier dropped to 715.50 yuan, its weakest since Dec. 21.
On the Singapore Exchange, the benchmark May iron ore SZZFK3 dropped as much as 4.9% to $102.80 a tonne, the lowest since late November.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices fell to more than a two-week low on Monday as the market focused on lacklustre demand in top consumer China, while a softer dollar helped to cap losses.
Benchmark copper CMCU3 on the London Metal Exchange (LME) was trading 0.6% lower at $8,739 a tonne by 1554 GMT, having earlier touched $8,726.5, its lowest level since April 5.
For a full report, click on MET/L
- - - -
OIL - Oil prices rose on Monday, reversing losses as investors grew optimistic that holiday travel in China would boost fuel demand in the world's largest oil importer.
Brent crude LCOc1 rose 1.06, or 1.3%, to $82.72 a barrel by 12:17 p.m. EDT (1717 GMT). U.S. West Texas Intermediate crude CLc1 rose 95 cents, or 1.2%, at $78.82.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures finished lower for a second session on Thursday, underpinned by weakening rival oils, while falling exports dragged prices further, even as futures rose for the week.
The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives Exchange slid 30 ringgit, or 0.80%, to 3,705 ringgit ($835.40) a tonne, but edged up 0.08% for the week.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures extended losses for a second day and posted their largest daily drop since April 6 on Monday, tracking losses in the Shanghai market and weaker crude.
Osaka Exchange's rubber contract for September delivery JRUc6, 0#2JRU: finished 4.3 yen, or 2.1%, lower at 205.8 yen ($1.53) per kg.
For a full report, click on RUB/T
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(Bengaluru Bureau; +91 80 6749 1130)
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What does Onmobile Global do?
OnMobile Global is a leading provider of value-added services for mobile, offering Ringback Tones, Digital Content Store, and Infotainment like music, news, and sports to consumers worldwide.
Who are the competitors of Onmobile Global?
Onmobile Global major competitors are Nazara Technologies, Delta Corp, Media Matrix World, Brightcom Group, HCL Infosystems, CyberTech Sys. &Soft, IZMO. Market Cap of Onmobile Global is ₹550 Crs. While the median market cap of its peers are ₹1,840 Crs.
Is Onmobile Global financially stable compared to its competitors?
Onmobile Global seems to be less financially stable compared to its competitors. Altman Z score of Onmobile Global is 3.28 and is ranked 7 out of its 8 competitors.
Does Onmobile Global pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Onmobile Global latest dividend payout ratio is 48.81% and 3yr average dividend payout ratio is 48.81%
How has Onmobile Global allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory, Accounts Receivable
How strong is Onmobile Global balance sheet?
Balance sheet of Onmobile Global is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Onmobile Global improving?
The profit is oscillating. The profit of Onmobile Global is -₹40.54 Crs for TTM, ₹15.32 Crs for Mar 2024 and ₹6.79 Crs for Mar 2023.
Is the debt of Onmobile Global increasing or decreasing?
Yes, The net debt of Onmobile Global is increasing. Latest net debt of Onmobile Global is ₹1.45 Crs as of Mar-25. This is greater than Mar-24 when it was -₹114.33 Crs.
Is Onmobile Global stock expensive?
Onmobile Global is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Onmobile Global is 0.0, while 3 year average PE is 40.69. Also latest EV/EBITDA of Onmobile Global is 51.55 while 3yr average is 48.77.
Has the share price of Onmobile Global grown faster than its competition?
Onmobile Global has given lower returns compared to its competitors. Onmobile Global has grown at ~-22.56% over the last 4yrs while peers have grown at a median rate of 2.7%
Is the promoter bullish about Onmobile Global?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Onmobile Global is 47.9% and last quarter promoter holding is 47.9%.
Are mutual funds buying/selling Onmobile Global?
There is Insufficient data to gauge this.