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Asia Morning Call-Global Markets
Aug 29 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8,980.00 | 19.50 | NZX 50** | 12,903.08 | 41.24 |
DJIA | 45,570.50 | 4.63 | NIKKEI** | 42,828.79 | 308.52 |
Nasdaq | 21,708.06 | 117.92 | FTSE** | 9,216.82 | -38.68 |
S&P 500 | 6,497.39 | 15.88 | Hang Seng** | 24,998.82 | -202.94 |
SPI 200 Fut | 8931 | -27 | STI** | 4,253.78 | 8.21 |
SSEC** | 3,843.60 | 43.25 | KOSPI** | 3,196.32 | 9.16 |
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Bonds | Bonds | ||||
JP 10 YR Bond | 1.6130 | -0.0070 | KR 10 YR Bond | 2.819 | -0.006 |
AU 10 YR Bond | 4.2850 | -0.0140 | US 10 YR Bond | 4.2149 | -0.023 |
NZ 10 YR Bond | 4.3580 | -0.0070 | US 30 YR Bond | 4.8796 | -0.033 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2822 | -0.0034 | KRW US$ | 1,384.270 | -8.73 |
AUD US$ | 0.6534 | 0.0028 | NZD US$ | 0.5887 | 0.0027 |
EUR US$ | 1.1686 | 0.0049 | Yen US$ | 146.8200 | -0.55 |
THB US$ | 32.2600 | -0.17 | PHP US$ | 56.9000 | -0.219 |
IDR US$ | 16,340 | -15 | INR US$ | 87.5330 | -0.107 |
MYR US$ | 4.2140 | -0.018 | TWD US$ | 30.5880 | 0.006 |
CNY US$ | 7.1306 | -0.0194 | HKD US$ | 7.7945 | 0.0087 |
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Commodities | |||||
Spot Gold | 3,409.99 | 34.2 | Silver (Lon) | 38.95 | 0.68 |
U.S. Gold Fut | 3,466.10 | 41 | Brent Crude | 68.38 | 0.33 |
Iron Ore | CNY790.5 | 13 | TRJCRB Index | - | - |
TOCOM Rubber | JPY317.1 | -0.4 | LME Copper | 9,774 | -63.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1830 GMT
EQUITIES
GLOBAL - Most major U.S. stock indexes were slightly higher on Thursday even as Nvidia shares slipped amid uncertainty over its China business, while the dollar weakened against the euro and yen as traders anticipated U.S. interest rate cuts soon.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 1.53 points, or 0.16%, to 954.57.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The tech-heavy Nasdaq edged higher in choppy trade on Thursday, held back by a fall in Nvidia's shares as Sino-U.S. trade uncertainties prompted the AI chip giant to exclude potential China sales from its quarterly forecast.
At 11:44 a.m. ET, the Dow Jones Industrial Average .DJI fell 35.70 points, or 0.08%, to 45,529.53, the S&P 500 .SPX gained 0.57 points, or 0.01%, to 6,481.97 and the Nasdaq Composite .IXIC gained 46.98 points, or 0.22%, to 21,637.12.
For a full report, click on .N
- - - -
LONDON - Europe's STOXX 600 closed lower on Thursday, dragged down by healthcare stocks, while investors assessed earnings from Pernod Ricard and AI chip leader Nvidia.
The pan-European STOXX 600 .STOXX ended 0.2% lower, reversing gains from earlier in the session.
For a full report, click on .EU
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TOKYO - Japan's Nikkei share average ended higher on Thursday, supported by AI chipmaker Nvidia's strong quarterly outlook and renewed trader confidence after billionaire investor Warren Buffett increased his investments in the country.
The Nikkei recovered from early losses to close 0.7% higher at 42,828.79.
For a full report, click on .T
- - - -
SHANGHAI - Mainland China stocks rebounded on Thursday, a day after Shanghai benchmark's steepest daily drop since April, as optimism around Beijing's artificial intelligence push fuelled gains in tech shares.
The blue-chip CSI300 index .CSI300 was up 1.77%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares ended slightly higher on Thursday as gains in banks outweighed losses in commodity stocks, while traders digested a slew of corporate results as Australia's earnings season nears its end.
The S&P/ASX 200 index .AXJO closed 0.2% higher at 8,980 points.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares rose on Thursday, as the central bank signalled more interest rate cuts with a marginal upgrade in its economic growth outlook for this year.
The benchmark KOSPI .KS11 closed up 9.16 points, or 0.29%, at 3,196.32.
For a full report, click on KRW/
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FOREIGN EXCHANGE
NEW YORK - The dollar was lower against the euro and the yen on Thursday, as traders added to bets that the Federal Reserve will cut interest rates next month after New York Fed chief John Williams signalled such a move was possible.
The dollar index =USD, which gauges the currency against six major peers, was down 0.31% at 97.862, following two days of declines.
For a full report, click on USD/
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SHANGHAI - China's yuan held steady against the U.S. dollar on Thursday, underpinned by the strongest official guidance in 10 months and buoyant sentiment in China's equity markets.
The spot yuan CNY=CFXS opened at 7.1465 per dollar and was last trading 6 pips firmer than the previous late session close and 0.61% weaker than the midpoint.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian dollar hit a fresh six-month high on the kiwi on Thursday as investors bet on diverging rate outlook between the two, while they struggled to claw back much ground against their U.S. counterpart.
Against the U.S. dollar, the Aussie AUD=D3 ticked up 0.1% to $0.6513, having edged 0.2% higher overnight to stand back above 65 cents, the middle of the recent trading range of between 64 and 66 cents.
For a full report, click on AUD/
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SEOUL - The South Korean won strengthened against the dollar.
The won was quoted at 1,387.6 per dollar on the onshore settlement platform KRW=KFTC, 0.48% higher than its previous close at 1,394.2.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Interest rate-sensitive two-year yields rose on Thursday but held near an almost four-month low as traders bet that the Federal Reserve will make several interest rate cuts in the coming months as the labor market shows signs of weakness.
The benchmark 10-year note US10YT=RR fell 0.8 basis points to 4.23%.
For a full report, click on US/
- - - -
LONDON - France's 10-year government bond yield declined slightly on Thursday but remained close to its highest level since March as concerns about the country's fiscal path lingered before a confidence vote in the government next month.
Germany's 10-year yield DE10YT=RR, the euro zone benchmark, was up 1 bp at 2.70%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds (JGBs) rallied on Thursday as yields at historic highs drew in buyers and political pressure on the nation's fiscally conservative prime minister appeared to ease.
The benchmark 10-year yield JP10YTN=JBTC fell 0.5 bp to 1.62%, easing from Wednesday's peak of 1.63%, a 17-year high.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices hit a five-week high on Thursday, supported by a softer dollar and safe-haven flows, due to ongoing concerns over the Federal Reserve's independence.
Spot gold XAU= rose 0.4% to $3,409.99 per ounce at 1204 p.m. ET (16:04 GMT), its highest level since July 23.
For a full report, click on GOL/
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IRON ORE - Prices of iron ore futures hit a two-week high on Thursday, bolstered by China's push to lower steel output as it tackles overcapacity.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended up 1.74% at 790.5 yuan ($110.51) a metric ton, the highest since August 14.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices edged higher on Thursday, supported by a weaker dollar and increased appetite for risky assets after results from Nvidia reassured markets about the AI boom.
Benchmark three-month copper CMCU3 on the London Metal Exchange gained 0.7% to $9,827 a metric ton by 1600 GMT after slipping 0.8% in the previous session.
For a full report, click on MET/L
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OIL - Oil prices edged lower on Thursday, pressured by expectations of lower U.S. fuel demand at the end of the summer travel season and by the restart of Russian oil supplies to Hungary and Slovakia through the Druzhba pipeline.
Brent crude futures LCOc1 fell 46 cents, or 0.7%, to $67.59 by 12:04 p.m. ET (1604 GMT) .
For a full report, click on O/R
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PALM OIL - Malaysian palm oil futures fell on Thursday, pressured by weaker soyoil prices, while likely trade talks between the United States and China were also in focus.
The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange slid 40 ringgit, or 0.89%, to 4,448 ringgit ($1,057.79) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures retreated on Thursday, tracking oil prices lower as a softer dollar weighed on market sentiment, though an upbeat auto manufacturing outlook provided some support.
The Osaka Exchange (OSE) rubber contract for February delivery JRUc6, 0#2JRU: was down 0.4 yen, or 0.13%, at 317.1 yen ($2.15) per kg.
For a full report, click on RUB/T
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(Bengaluru Bureau; +91 80 6749 1130)
Aug 29 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8,980.00 | 19.50 | NZX 50** | 12,903.08 | 41.24 |
DJIA | 45,570.50 | 4.63 | NIKKEI** | 42,828.79 | 308.52 |
Nasdaq | 21,708.06 | 117.92 | FTSE** | 9,216.82 | -38.68 |
S&P 500 | 6,497.39 | 15.88 | Hang Seng** | 24,998.82 | -202.94 |
SPI 200 Fut | 8931 | -27 | STI** | 4,253.78 | 8.21 |
SSEC** | 3,843.60 | 43.25 | KOSPI** | 3,196.32 | 9.16 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.6130 | -0.0070 | KR 10 YR Bond | 2.819 | -0.006 |
AU 10 YR Bond | 4.2850 | -0.0140 | US 10 YR Bond | 4.2149 | -0.023 |
NZ 10 YR Bond | 4.3580 | -0.0070 | US 30 YR Bond | 4.8796 | -0.033 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2822 | -0.0034 | KRW US$ | 1,384.270 | -8.73 |
AUD US$ | 0.6534 | 0.0028 | NZD US$ | 0.5887 | 0.0027 |
EUR US$ | 1.1686 | 0.0049 | Yen US$ | 146.8200 | -0.55 |
THB US$ | 32.2600 | -0.17 | PHP US$ | 56.9000 | -0.219 |
IDR US$ | 16,340 | -15 | INR US$ | 87.5330 | -0.107 |
MYR US$ | 4.2140 | -0.018 | TWD US$ | 30.5880 | 0.006 |
CNY US$ | 7.1306 | -0.0194 | HKD US$ | 7.7945 | 0.0087 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,409.99 | 34.2 | Silver (Lon) | 38.95 | 0.68 |
U.S. Gold Fut | 3,466.10 | 41 | Brent Crude | 68.38 | 0.33 |
Iron Ore | CNY790.5 | 13 | TRJCRB Index | - | - |
TOCOM Rubber | JPY317.1 | -0.4 | LME Copper | 9,774 | -63.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1830 GMT
EQUITIES
GLOBAL - Most major U.S. stock indexes were slightly higher on Thursday even as Nvidia shares slipped amid uncertainty over its China business, while the dollar weakened against the euro and yen as traders anticipated U.S. interest rate cuts soon.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 1.53 points, or 0.16%, to 954.57.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The tech-heavy Nasdaq edged higher in choppy trade on Thursday, held back by a fall in Nvidia's shares as Sino-U.S. trade uncertainties prompted the AI chip giant to exclude potential China sales from its quarterly forecast.
At 11:44 a.m. ET, the Dow Jones Industrial Average .DJI fell 35.70 points, or 0.08%, to 45,529.53, the S&P 500 .SPX gained 0.57 points, or 0.01%, to 6,481.97 and the Nasdaq Composite .IXIC gained 46.98 points, or 0.22%, to 21,637.12.
For a full report, click on .N
- - - -
LONDON - Europe's STOXX 600 closed lower on Thursday, dragged down by healthcare stocks, while investors assessed earnings from Pernod Ricard and AI chip leader Nvidia.
The pan-European STOXX 600 .STOXX ended 0.2% lower, reversing gains from earlier in the session.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average ended higher on Thursday, supported by AI chipmaker Nvidia's strong quarterly outlook and renewed trader confidence after billionaire investor Warren Buffett increased his investments in the country.
The Nikkei recovered from early losses to close 0.7% higher at 42,828.79.
For a full report, click on .T
- - - -
SHANGHAI - Mainland China stocks rebounded on Thursday, a day after Shanghai benchmark's steepest daily drop since April, as optimism around Beijing's artificial intelligence push fuelled gains in tech shares.
The blue-chip CSI300 index .CSI300 was up 1.77%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares ended slightly higher on Thursday as gains in banks outweighed losses in commodity stocks, while traders digested a slew of corporate results as Australia's earnings season nears its end.
The S&P/ASX 200 index .AXJO closed 0.2% higher at 8,980 points.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares rose on Thursday, as the central bank signalled more interest rate cuts with a marginal upgrade in its economic growth outlook for this year.
The benchmark KOSPI .KS11 closed up 9.16 points, or 0.29%, at 3,196.32.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar was lower against the euro and the yen on Thursday, as traders added to bets that the Federal Reserve will cut interest rates next month after New York Fed chief John Williams signalled such a move was possible.
The dollar index =USD, which gauges the currency against six major peers, was down 0.31% at 97.862, following two days of declines.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan held steady against the U.S. dollar on Thursday, underpinned by the strongest official guidance in 10 months and buoyant sentiment in China's equity markets.
The spot yuan CNY=CFXS opened at 7.1465 per dollar and was last trading 6 pips firmer than the previous late session close and 0.61% weaker than the midpoint.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian dollar hit a fresh six-month high on the kiwi on Thursday as investors bet on diverging rate outlook between the two, while they struggled to claw back much ground against their U.S. counterpart.
Against the U.S. dollar, the Aussie AUD=D3 ticked up 0.1% to $0.6513, having edged 0.2% higher overnight to stand back above 65 cents, the middle of the recent trading range of between 64 and 66 cents.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won strengthened against the dollar.
The won was quoted at 1,387.6 per dollar on the onshore settlement platform KRW=KFTC, 0.48% higher than its previous close at 1,394.2.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Interest rate-sensitive two-year yields rose on Thursday but held near an almost four-month low as traders bet that the Federal Reserve will make several interest rate cuts in the coming months as the labor market shows signs of weakness.
The benchmark 10-year note US10YT=RR fell 0.8 basis points to 4.23%.
For a full report, click on US/
- - - -
LONDON - France's 10-year government bond yield declined slightly on Thursday but remained close to its highest level since March as concerns about the country's fiscal path lingered before a confidence vote in the government next month.
Germany's 10-year yield DE10YT=RR, the euro zone benchmark, was up 1 bp at 2.70%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds (JGBs) rallied on Thursday as yields at historic highs drew in buyers and political pressure on the nation's fiscally conservative prime minister appeared to ease.
The benchmark 10-year yield JP10YTN=JBTC fell 0.5 bp to 1.62%, easing from Wednesday's peak of 1.63%, a 17-year high.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices hit a five-week high on Thursday, supported by a softer dollar and safe-haven flows, due to ongoing concerns over the Federal Reserve's independence.
Spot gold XAU= rose 0.4% to $3,409.99 per ounce at 1204 p.m. ET (16:04 GMT), its highest level since July 23.
For a full report, click on GOL/
- - - -
IRON ORE - Prices of iron ore futures hit a two-week high on Thursday, bolstered by China's push to lower steel output as it tackles overcapacity.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended up 1.74% at 790.5 yuan ($110.51) a metric ton, the highest since August 14.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices edged higher on Thursday, supported by a weaker dollar and increased appetite for risky assets after results from Nvidia reassured markets about the AI boom.
Benchmark three-month copper CMCU3 on the London Metal Exchange gained 0.7% to $9,827 a metric ton by 1600 GMT after slipping 0.8% in the previous session.
For a full report, click on MET/L
- - - -
OIL - Oil prices edged lower on Thursday, pressured by expectations of lower U.S. fuel demand at the end of the summer travel season and by the restart of Russian oil supplies to Hungary and Slovakia through the Druzhba pipeline.
Brent crude futures LCOc1 fell 46 cents, or 0.7%, to $67.59 by 12:04 p.m. ET (1604 GMT) .
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures fell on Thursday, pressured by weaker soyoil prices, while likely trade talks between the United States and China were also in focus.
The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange slid 40 ringgit, or 0.89%, to 4,448 ringgit ($1,057.79) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures retreated on Thursday, tracking oil prices lower as a softer dollar weighed on market sentiment, though an upbeat auto manufacturing outlook provided some support.
The Osaka Exchange (OSE) rubber contract for February delivery JRUc6, 0#2JRU: was down 0.4 yen, or 0.13%, at 317.1 yen ($2.15) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
Aug 28 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8,960.50 | 24.90 | NZX 50** | 12,861.84 | -96.14 |
DJIA | 45,599.60 | 181.53 | NIKKEI** | 42,520.27 | 125.87 |
Nasdaq | 21,610.06 | 65.60 | FTSE** | 9,255.50 | -10.30 |
S&P 500 | 6,485.52 | 19.58 | Hang Seng** | 25,201.76 | -323.16 |
SPI 200 Fut | 8938 | 3 | STI** | 4,245.57 | 1.86 |
SSEC** | 3,800.35 | -68.03 | KOSPI** | 3,187.16 | 7.80 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.6230 | -0.0050 | KR 10 YR Bond | 2.825 | -0.027 |
AU 10 YR Bond | 4.3240 | -0.0070 | US 10 YR Bond | 4.2421 | -0.014 |
NZ 10 YR Bond | 4.4000 | 0.0020 | US 30 YR Bond | 4.9162 | 0.008 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2859 | 0.0003 | KRW US$ | 1,393.740 | -1.18 |
AUD US$ | 0.6510 | 0.0015 | NZD US$ | 0.5860 | 0.0001 |
EUR US$ | 1.1629 | -0.0011 | Yen US$ | 147.4200 | 0.02 |
THB US$ | 32.3800 | -0.08 | PHP US$ | 57.1180 | 0.21 |
IDR US$ | 16,355 | 65 | INR US$ | 87.6390 | 0.027 |
MYR US$ | 4.2320 | 0.018 | TWD US$ | 30.5820 | 0.027 |
CNY US$ | 7.1500 | -0.0018 | HKD US$ | 7.7864 | -0.0066 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,384.24 | 11.57 | Silver (Lon) | 38.54 | -0.18 |
U.S. Gold Fut | 3,433.50 | 16 | Brent Crude | 67.27 | -1.53 |
Iron Ore | CNY776.5 | -10.5 | TRJCRB Index | - | - |
TOCOM Rubber | JPY323 | 1.2 | LME Copper | 9,847 | 50 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1859 GMT
EQUITIES
GLOBAL - Major stock indexes edged higher on Wednesday, with upcoming results from artificial intelligence leader Nvidia offsetting concerns about the Federal Reserve's independence, and the dollar recovered from previous session's drop.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.49 points, or 0.05%, to 953.21.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The main U.S. stock indexes inched higher on Wednesday, as investors braced for earnings from AI-chip leader Nvidia that are expected to test the momentum of Wall Street's technology-fueled rally.
At 11:50 a.m. ET, the Dow Jones Industrial Average .DJI rose 107.21 points, or 0.24%, to 45,525.28, the S&P 500 .SPX gained 14.32 points, or 0.22%, to 6,480.26, and the Nasdaq Composite .IXIC was up 45.44 points, or 0.21%, to 21,589.71.
For a full report, click on .N
- - - -
LONDON - Europe's STOXX 600 recovered slightly on Wednesday after a selloff in the previous session, as investors eyed political risks in France and awaitedearnings from artificial intelligence chip leader Nvidia.
The pan-European STOXX 600 index .STOXX closed up 0.1%, a day after registering its largest drop in nearly a month.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average rose on Wednesday, lifted by gains in Nvidia supplier Advantest, while investors awaited the U.S. chipmaker's outlook due before the Tokyo market opens on Thursday.
The tech-heavy Nikkei .N225 advanced 0.3% to close at 42,520.27.
For a full report, click on .T
- - - -
SHANGHAI - Chinese shares closed down on Wednesday, retreating from a strong rally in the morning session driven by artificial intelligence stocks, as some investors grew wary of the sustainability of the gains.
The blue-chip CSI300 index .CSI300 dropped 1.49%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares ended higher on Wednesday, led by gains in miners and banks, while Woolworths slumped after the country's No.1 grocer reported a lower annual profit.
The S&P/ASX 200 index .AXJO closed 0.3% higher at 8,960.5. The benchmark had closed down 0.4% on Tuesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended slightly higher on Wednesday, as shipbuilding stocks jumped on U.S. investment plans, while the broader market was largely in a cautious mood ahead of major events at home and abroad.
The benchmark KOSPI .KS11 closed up 7.80 points, or 0.25%, at 3,187.16.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar rose against major currencies on Wednesday, rebounding from yesterday's pullback as investors turned their focus to upcoming U.S. economic data for policy cues, even as worries persist over the Federal Reserve's independence.
That left the dollar index =USD, which measures the greenback against a basket of currencies, up 0.32% to 98.57.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan briefly hit its highest in nearly 10 months against the dollar on Wednesday, underpinned by the central bank's persistently firmer guidance for the local currency and the greenback's broader struggles.
The onshore yuan CNY=CFXS leapt to a high of 7.1447 per dollar at one point, the strongest level since November 8, 2024.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian dollar edged up briefly on Wednesday after a surprisingly high reading on consumer prices seemingly dealt a blow to hopes for a near-term rate cut, though analysts cautioned there was a lot of noise in the data.
The muted reaction in rates snuffed out an initial rise in the Aussie and left it flat at $0.6491 AUD=D3.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won weakenened against the dollar.
The won was quoted at 1,396.3 per dollar on the onshore settlement platform KRW=KFTC, 0.19% lower than its previous close at 1,393.6.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Interest rate sensitive two-year yields fell to an almost four-month low on Wednesday and the yield curve steepened as traders evaluated the likelihood that U.S. President Donald Trump will be able to make more dovish appointments to the Federal Reserve.
The benchmark 10-year note yield US10YT=RR was at 4.289%, up from 4.256%.
For a full report, click on US/
- - - -
LONDON - Political turmoilpushed France's 30-year yield to its highest level since 2011 on Wednesday, while President Donald Trump's attempt to fire a Federal Reserve governor raised broader concerns about the U.S. central bank's independence.
Germany's 10-year bond yield DE10YT=RR, the benchmark for the euro zone bloc, was 1.5 bps lower at 2.707%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Long-dated Japanese government bond yields pushed to a fresh all-time high on Wednesday after what analysts called a "weak" result in the Bank of Japan's regular debt purchase operations.
The 10-year JGB yield JP10YTN=JBTC had risen to the highest since 2008 in the morning at 1.625%, but retreated to be flat on the day at 1.62% after the purchase operation results were announced.
For a full report, click on JP/
COMMODITIES
GOLD - Gold slipped on Wednesday as the dollar and Treasury yields firmed, but the losses were limited by safe-haven demand amid lingering concerns about the U.S. central bank's independence after President Donald Trump's efforts to fire a Fed governor.
Spot gold XAU= was down 0.1% to $3,388.15 per ounce at 1210 p.m. ET (16:10 GMT).
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore prices dropped on Wednesday for a second consecutive session, as rising supply outweighed strong short-term demand for the steelmaking ingredient.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 0.64% lower at 777.5 yuan ($108.70) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper slipped on Wednesday, breaking four sessions of gains, weighed down by a stronger dollar, rising inventories and concern about demand in China, the top metals consumer.
The benchmark three-month contract CMCU3 on the London Metal Exchange was down 0.8% at $9,757 a metric ton by 1605 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil prices rose on Wednesday on a larger-than-expected drop in U.S. crude inventories and the potential impact of new U.S. tariffs on India.
Brent crude futures LCOc1 were up 55 cents, or 0.8%, at $67.77 a barrel by 12:10 p.m. ET (1710 GMT).
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures inched higher on Wednesday, rebounding after a two-day drop, supported by news that the U.S. has exempted Indonesian palm oil from a 19% import tariff, though sluggish demand from markets outside China capped gains.
The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange gained 19 ringgit, or 0.46%, to 4,489 ringgit ($1,067.54) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures ended daytime trade lower as a stronger dollar weighed on prices, though losses were cushioned by supply concerns after Typhoon Kajiki brought heavy rains to key producing regions.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: fell 5.5 yen, or 1.7%, to 317.5 yen ($2.16).
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Aug 28 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8,960.50 | 24.90 | NZX 50** | 12,861.84 | -96.14 |
DJIA | 45,599.60 | 181.53 | NIKKEI** | 42,520.27 | 125.87 |
Nasdaq | 21,610.06 | 65.60 | FTSE** | 9,255.50 | -10.30 |
S&P 500 | 6,485.52 | 19.58 | Hang Seng** | 25,201.76 | -323.16 |
SPI 200 Fut | 8938 | 3 | STI** | 4,245.57 | 1.86 |
SSEC** | 3,800.35 | -68.03 | KOSPI** | 3,187.16 | 7.80 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.6230 | -0.0050 | KR 10 YR Bond | 2.825 | -0.027 |
AU 10 YR Bond | 4.3240 | -0.0070 | US 10 YR Bond | 4.2421 | -0.014 |
NZ 10 YR Bond | 4.4000 | 0.0020 | US 30 YR Bond | 4.9162 | 0.008 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2859 | 0.0003 | KRW US$ | 1,393.740 | -1.18 |
AUD US$ | 0.6510 | 0.0015 | NZD US$ | 0.5860 | 0.0001 |
EUR US$ | 1.1629 | -0.0011 | Yen US$ | 147.4200 | 0.02 |
THB US$ | 32.3800 | -0.08 | PHP US$ | 57.1180 | 0.21 |
IDR US$ | 16,355 | 65 | INR US$ | 87.6390 | 0.027 |
MYR US$ | 4.2320 | 0.018 | TWD US$ | 30.5820 | 0.027 |
CNY US$ | 7.1500 | -0.0018 | HKD US$ | 7.7864 | -0.0066 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,384.24 | 11.57 | Silver (Lon) | 38.54 | -0.18 |
U.S. Gold Fut | 3,433.50 | 16 | Brent Crude | 67.27 | -1.53 |
Iron Ore | CNY776.5 | -10.5 | TRJCRB Index | - | - |
TOCOM Rubber | JPY323 | 1.2 | LME Copper | 9,847 | 50 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1859 GMT
EQUITIES
GLOBAL - Major stock indexes edged higher on Wednesday, with upcoming results from artificial intelligence leader Nvidia offsetting concerns about the Federal Reserve's independence, and the dollar recovered from previous session's drop.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.49 points, or 0.05%, to 953.21.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The main U.S. stock indexes inched higher on Wednesday, as investors braced for earnings from AI-chip leader Nvidia that are expected to test the momentum of Wall Street's technology-fueled rally.
At 11:50 a.m. ET, the Dow Jones Industrial Average .DJI rose 107.21 points, or 0.24%, to 45,525.28, the S&P 500 .SPX gained 14.32 points, or 0.22%, to 6,480.26, and the Nasdaq Composite .IXIC was up 45.44 points, or 0.21%, to 21,589.71.
For a full report, click on .N
- - - -
LONDON - Europe's STOXX 600 recovered slightly on Wednesday after a selloff in the previous session, as investors eyed political risks in France and awaitedearnings from artificial intelligence chip leader Nvidia.
The pan-European STOXX 600 index .STOXX closed up 0.1%, a day after registering its largest drop in nearly a month.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average rose on Wednesday, lifted by gains in Nvidia supplier Advantest, while investors awaited the U.S. chipmaker's outlook due before the Tokyo market opens on Thursday.
The tech-heavy Nikkei .N225 advanced 0.3% to close at 42,520.27.
For a full report, click on .T
- - - -
SHANGHAI - Chinese shares closed down on Wednesday, retreating from a strong rally in the morning session driven by artificial intelligence stocks, as some investors grew wary of the sustainability of the gains.
The blue-chip CSI300 index .CSI300 dropped 1.49%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares ended higher on Wednesday, led by gains in miners and banks, while Woolworths slumped after the country's No.1 grocer reported a lower annual profit.
The S&P/ASX 200 index .AXJO closed 0.3% higher at 8,960.5. The benchmark had closed down 0.4% on Tuesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended slightly higher on Wednesday, as shipbuilding stocks jumped on U.S. investment plans, while the broader market was largely in a cautious mood ahead of major events at home and abroad.
The benchmark KOSPI .KS11 closed up 7.80 points, or 0.25%, at 3,187.16.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar rose against major currencies on Wednesday, rebounding from yesterday's pullback as investors turned their focus to upcoming U.S. economic data for policy cues, even as worries persist over the Federal Reserve's independence.
That left the dollar index =USD, which measures the greenback against a basket of currencies, up 0.32% to 98.57.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan briefly hit its highest in nearly 10 months against the dollar on Wednesday, underpinned by the central bank's persistently firmer guidance for the local currency and the greenback's broader struggles.
The onshore yuan CNY=CFXS leapt to a high of 7.1447 per dollar at one point, the strongest level since November 8, 2024.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian dollar edged up briefly on Wednesday after a surprisingly high reading on consumer prices seemingly dealt a blow to hopes for a near-term rate cut, though analysts cautioned there was a lot of noise in the data.
The muted reaction in rates snuffed out an initial rise in the Aussie and left it flat at $0.6491 AUD=D3.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won weakenened against the dollar.
The won was quoted at 1,396.3 per dollar on the onshore settlement platform KRW=KFTC, 0.19% lower than its previous close at 1,393.6.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Interest rate sensitive two-year yields fell to an almost four-month low on Wednesday and the yield curve steepened as traders evaluated the likelihood that U.S. President Donald Trump will be able to make more dovish appointments to the Federal Reserve.
The benchmark 10-year note yield US10YT=RR was at 4.289%, up from 4.256%.
For a full report, click on US/
- - - -
LONDON - Political turmoilpushed France's 30-year yield to its highest level since 2011 on Wednesday, while President Donald Trump's attempt to fire a Federal Reserve governor raised broader concerns about the U.S. central bank's independence.
Germany's 10-year bond yield DE10YT=RR, the benchmark for the euro zone bloc, was 1.5 bps lower at 2.707%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Long-dated Japanese government bond yields pushed to a fresh all-time high on Wednesday after what analysts called a "weak" result in the Bank of Japan's regular debt purchase operations.
The 10-year JGB yield JP10YTN=JBTC had risen to the highest since 2008 in the morning at 1.625%, but retreated to be flat on the day at 1.62% after the purchase operation results were announced.
For a full report, click on JP/
COMMODITIES
GOLD - Gold slipped on Wednesday as the dollar and Treasury yields firmed, but the losses were limited by safe-haven demand amid lingering concerns about the U.S. central bank's independence after President Donald Trump's efforts to fire a Fed governor.
Spot gold XAU= was down 0.1% to $3,388.15 per ounce at 1210 p.m. ET (16:10 GMT).
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore prices dropped on Wednesday for a second consecutive session, as rising supply outweighed strong short-term demand for the steelmaking ingredient.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 0.64% lower at 777.5 yuan ($108.70) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper slipped on Wednesday, breaking four sessions of gains, weighed down by a stronger dollar, rising inventories and concern about demand in China, the top metals consumer.
The benchmark three-month contract CMCU3 on the London Metal Exchange was down 0.8% at $9,757 a metric ton by 1605 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil prices rose on Wednesday on a larger-than-expected drop in U.S. crude inventories and the potential impact of new U.S. tariffs on India.
Brent crude futures LCOc1 were up 55 cents, or 0.8%, at $67.77 a barrel by 12:10 p.m. ET (1710 GMT).
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures inched higher on Wednesday, rebounding after a two-day drop, supported by news that the U.S. has exempted Indonesian palm oil from a 19% import tariff, though sluggish demand from markets outside China capped gains.
The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange gained 19 ringgit, or 0.46%, to 4,489 ringgit ($1,067.54) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures ended daytime trade lower as a stronger dollar weighed on prices, though losses were cushioned by supply concerns after Typhoon Kajiki brought heavy rains to key producing regions.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: fell 5.5 yen, or 1.7%, to 317.5 yen ($2.16).
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
Aug 26 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8.972.4 | 5 | NZX 50** | 13,079.5 | 36.74 |
DJIA** | 45,282.47 | -349.27 | NIKKEI** | 42,807.82 | 174.53 |
Nasdaq** | 21,449.29 | -47.24 | FTSE** | 9,321.40 | 12.20 |
S&P 500** | 6,449.27 | -27.59 | Hang Seng** | 25,829.91 | 490.77 |
SPI 200 Fut | 8916 | -33 | STI** | 4,256.49 | 3.47 |
SSEC** | 3,883.56 | +57.80 | KOSPI** | 3,209.86 | 41.13 |
----------------------------------------------------------------------------------------
Bonds | Net Chng | Bonds | Net Chng | ||
JP 10 YR Bond | 1.6200 | 0.0010 | KR 10 YR Bond | 1,390.420 | 6.6 |
AU 10 YR Bond | 4.3030 | 0.0170 | US 10 YR Bond | 0.5848 | -0.0019 |
NZ 10 YR Bond | 4.4030 | 0.0000 | US 30 YR Bond | 147.7800 | 0.83 |
----------------------------------------------------------------------------------------
Currencies | Net Chng | Net Chng | |||
SGD US$ | 1.2860 | 0.0045 | KRW US$ | 1,390.720 | 6.9 |
AUD US$ | 0.6480 | -0.00111 | NZD US$ | 0.5847 | -0.0018 |
EUR US$ | 1.1616 | -0.0099 | Yen US$ | 147.7600 | 0.85 |
THB US$ | 32.4700 | 0.1 | PHP US$ | 56.6860 | 0.285 |
IDR US$ | 16,250 | -85 | INR US$ | 87.5790 | 0.253 |
MYR US$ | 4.2050 | -0.02 | TWD US$ | 30.4500 | -0.135 |
CNY US$ | 7.1548 | -0.0118 | HKD US$ | 7.8122 | -0.0017 |
----------------------------------------------------------------------------------------
Commodities | Net Chng | Net Chng | |||
Spot Gold | 3,372.67 | -1.22 | Silver (Lon) | 38.72 | -0.29 |
U.S. Gold Fut | 3,417.5 | -1 | Brent Crude | 68.79 | 1.06 |
Iron Ore | CNY787 | 17 | TRJCRB Index | - | - |
TOCOM Rubber | JPY321.8 | 5 | LME Copper | 9,735 | 14 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 2025 GMT
EQUITIES
GLOBAL - Major stock indexes mostly eased on Monday after gaining on Friday when Federal Reserve Chair Jerome Powell indicated that a September interest rate cut was likely but not certain, while the dollar gained.
The dollar index =USD, which measures the greenback against a basket of currencies, rose 0.58% to 98.41.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street stocks were mixed on Monday as investors looked ahead to AI chipmaker Nvidia's quarterly earnings this week, digesting a rally on Friday that lifted the Dow Jones Industrial Average to a record high close.
The S&P 500 was down 0.16% at 6,456.86 points. The Nasdaq gained 0.15% to 21,527.92 points, while the Dow Jones Industrial Average was down 0.60% at 45,358.95 points.
For a full report, click on .N
- - - -
LONDON - European shares closed lower on Monday, giving back Friday's gains on optimism around U.S. monetary policy easing, while JDE Peet's soared on a buyout deal.
The pan-European STOXX 600 index .STOXX closed 0.4% lower in its worst day in over three weeks but was about 1% away from record highs.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average rose for a second straight session on Monday, led by tech shares as the domestic market reacted to optimism for looser monetary policy in the U.S.
The Nikkei 225 Index .N225 gained 0.4% to close at 42,807.82.
For a full report, click on .T
- - - -
SHANGHAI - China and Hong Kong stocks jumped on Monday, led by the rare earth and property sectors, extending the recent bull run as abundant liquidity continued to fuel gains.
The Shanghai Composite index .SSEC was up 1.5% at 3,883.56, the highest since August 2015.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares were poised to open lower on Tuesday, with investors likely taking a breather after a stellar run in the past few days with the benchmark index hitting multiple record highs.
The local share price index futures YAPcm1 fell 0.3%, a 53.4-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark closed 0.1% higher on Monday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares rose on Monday, tracking Wall Street's rally on optimism the Federal Reserve will cut interest rates next month after Chair Jerome Powell's dovish pivot last week.
The benchmark KOSPI .KS11 closed up 41.13 points, or 1.30%, at 3,209.86.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar advanced against major currencies on Monday, bouncing from a steep fall last week that followed remarks from Federal Reserve Chair Jerome Powell that boosted expectations for a rate cut next month.
The dollar index =USD, which measures the greenback against a basket of currencies, rose 0.49% to 98.32.
For a full report, click on USD/
- - - -
CHINA - China's yuan jumped to the strongest level in a month against the dollar on Monday, lifted by a dovish policy pivot by the U.S. Federal Reserve Chair Jerome Powell.
The onshore yuan CNY=CFXS strengthened to a high of 7.1569 per dollar, the strongest level since July 24.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars largely held their gains on Monday, after a dovish turn from the world's most powerful central banker hurt the greenback and helped the pair recover in the previous session, although they are still grappling with rate-cut burdens.
The Aussie AUD=D3 slipped 0.1% to $0.6485, having rallied 1.1% on Friday to bounce off a two-month trough of $0.6415.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won weakened against the dollar.
The won was quoted at 1,384.7 per dollar on the onshore settlement platform KRW=KFTC, 0.09% lower than its previous close at 1,383.5.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields rose on Monday after Federal Reserve Chair Jerome Powell on Friday indicated that a September rate cut was likely but not certain, and before the Treasury will sell short- and intermediate-dated debt this week.
The yield on benchmark U.S. 10-year notes US10YT=RR rose 1.3 basis points to 4.271%.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields resumed their climb on Monday, reversing a U.S. Federal Reserve-driven fall from late last week as traders reassessed that move and any Fed impact on Europe.
Germany's 10-year bond yield, the euro zone's benchmark, was last up around 5 basis points at 2.77% DE10YT=RR, heading back towards last week's near five-month top around 2.79%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds steadied on Monday after a tumultuous week that saw fiscal concerns drive super long-term yields to record highs.
The benchmark 10-year JGB yield JP10YTN=JBTC was flat at the 1.615% level reached on Friday, its highest since October 2008.
For a full report, click on JP/
COMMODITIES
GOLD
Gold prices held steady on Monday, as the market's focus shifted to upcoming U.S. PCE data for cues on the Federal Reserve's policy path, while a stronger dollar capped gains.
Spot gold XAU= was flat at $3,372.67 per ounce, as of 0145 p.m. ET (17:44 GMT), after hitting its highest level since August 11 on Friday.
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures touched a one-week high on Monday as Rio Tinto suspended activity at its Simandou project in Guinea following an incident, raising fears of a potential delay in production start at the mine.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 2.27% higher at 787 yuan ($110.06) a metric ton, its highest since August 14.
For a full report, click on IRONORE/
- - - -
BASE METALS
Shanghai copper prices hit a more than one-week high on Monday, tracking some weakness in the dollar, after the U.S. central bank chief signalled a possible rate cut next month and as demand in top metals consumer China remained upbeat.
The most-traded copper contract on the Shanghai Futures Exchange SCFcv1 ended daytime trade up 1.25% at 79,690 yuan ($11,141.56) per metric ton, the highest since 24 July.
For a full report, click on MET/L
- - - -
OIL
Oil prices climbed around 2% on Monday, continuing last week's gains, as traders anticipated more U.S. sanctions on Russian oil and Ukrainian attacks on Russian energy infrastructure that could disrupt supplies.
Brent crude futures LCOc1 settled up $1.07, or 1.58%, at $68.80.
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures slipped on Monday, as concerns that recent high prices may dampen future demand weighed on the market.
The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange fell 36 ringgit, or 0.79%, to 4,493 ringgit ($1,068.49) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures rose on Monday, supported by weather-related supply concerns in key producing regions and firmer oil prices.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: was up 5 yen, or 1.58%, at 321.8 yen ($2.19) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Aug 26 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 8.972.4 | 5 | NZX 50** | 13,079.5 | 36.74 |
DJIA** | 45,282.47 | -349.27 | NIKKEI** | 42,807.82 | 174.53 |
Nasdaq** | 21,449.29 | -47.24 | FTSE** | 9,321.40 | 12.20 |
S&P 500** | 6,449.27 | -27.59 | Hang Seng** | 25,829.91 | 490.77 |
SPI 200 Fut | 8916 | -33 | STI** | 4,256.49 | 3.47 |
SSEC** | 3,883.56 | +57.80 | KOSPI** | 3,209.86 | 41.13 |
----------------------------------------------------------------------------------------
Bonds | Net Chng | Bonds | Net Chng | ||
JP 10 YR Bond | 1.6200 | 0.0010 | KR 10 YR Bond | 1,390.420 | 6.6 |
AU 10 YR Bond | 4.3030 | 0.0170 | US 10 YR Bond | 0.5848 | -0.0019 |
NZ 10 YR Bond | 4.4030 | 0.0000 | US 30 YR Bond | 147.7800 | 0.83 |
----------------------------------------------------------------------------------------
Currencies | Net Chng | Net Chng | |||
SGD US$ | 1.2860 | 0.0045 | KRW US$ | 1,390.720 | 6.9 |
AUD US$ | 0.6480 | -0.00111 | NZD US$ | 0.5847 | -0.0018 |
EUR US$ | 1.1616 | -0.0099 | Yen US$ | 147.7600 | 0.85 |
THB US$ | 32.4700 | 0.1 | PHP US$ | 56.6860 | 0.285 |
IDR US$ | 16,250 | -85 | INR US$ | 87.5790 | 0.253 |
MYR US$ | 4.2050 | -0.02 | TWD US$ | 30.4500 | -0.135 |
CNY US$ | 7.1548 | -0.0118 | HKD US$ | 7.8122 | -0.0017 |
----------------------------------------------------------------------------------------
Commodities | Net Chng | Net Chng | |||
Spot Gold | 3,372.67 | -1.22 | Silver (Lon) | 38.72 | -0.29 |
U.S. Gold Fut | 3,417.5 | -1 | Brent Crude | 68.79 | 1.06 |
Iron Ore | CNY787 | 17 | TRJCRB Index | - | - |
TOCOM Rubber | JPY321.8 | 5 | LME Copper | 9,735 | 14 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 2025 GMT
EQUITIES
GLOBAL - Major stock indexes mostly eased on Monday after gaining on Friday when Federal Reserve Chair Jerome Powell indicated that a September interest rate cut was likely but not certain, while the dollar gained.
The dollar index =USD, which measures the greenback against a basket of currencies, rose 0.58% to 98.41.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street stocks were mixed on Monday as investors looked ahead to AI chipmaker Nvidia's quarterly earnings this week, digesting a rally on Friday that lifted the Dow Jones Industrial Average to a record high close.
The S&P 500 was down 0.16% at 6,456.86 points. The Nasdaq gained 0.15% to 21,527.92 points, while the Dow Jones Industrial Average was down 0.60% at 45,358.95 points.
For a full report, click on .N
- - - -
LONDON - European shares closed lower on Monday, giving back Friday's gains on optimism around U.S. monetary policy easing, while JDE Peet's soared on a buyout deal.
The pan-European STOXX 600 index .STOXX closed 0.4% lower in its worst day in over three weeks but was about 1% away from record highs.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average rose for a second straight session on Monday, led by tech shares as the domestic market reacted to optimism for looser monetary policy in the U.S.
The Nikkei 225 Index .N225 gained 0.4% to close at 42,807.82.
For a full report, click on .T
- - - -
SHANGHAI - China and Hong Kong stocks jumped on Monday, led by the rare earth and property sectors, extending the recent bull run as abundant liquidity continued to fuel gains.
The Shanghai Composite index .SSEC was up 1.5% at 3,883.56, the highest since August 2015.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares were poised to open lower on Tuesday, with investors likely taking a breather after a stellar run in the past few days with the benchmark index hitting multiple record highs.
The local share price index futures YAPcm1 fell 0.3%, a 53.4-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark closed 0.1% higher on Monday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares rose on Monday, tracking Wall Street's rally on optimism the Federal Reserve will cut interest rates next month after Chair Jerome Powell's dovish pivot last week.
The benchmark KOSPI .KS11 closed up 41.13 points, or 1.30%, at 3,209.86.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar advanced against major currencies on Monday, bouncing from a steep fall last week that followed remarks from Federal Reserve Chair Jerome Powell that boosted expectations for a rate cut next month.
The dollar index =USD, which measures the greenback against a basket of currencies, rose 0.49% to 98.32.
For a full report, click on USD/
- - - -
CHINA - China's yuan jumped to the strongest level in a month against the dollar on Monday, lifted by a dovish policy pivot by the U.S. Federal Reserve Chair Jerome Powell.
The onshore yuan CNY=CFXS strengthened to a high of 7.1569 per dollar, the strongest level since July 24.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars largely held their gains on Monday, after a dovish turn from the world's most powerful central banker hurt the greenback and helped the pair recover in the previous session, although they are still grappling with rate-cut burdens.
The Aussie AUD=D3 slipped 0.1% to $0.6485, having rallied 1.1% on Friday to bounce off a two-month trough of $0.6415.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won weakened against the dollar.
The won was quoted at 1,384.7 per dollar on the onshore settlement platform KRW=KFTC, 0.09% lower than its previous close at 1,383.5.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields rose on Monday after Federal Reserve Chair Jerome Powell on Friday indicated that a September rate cut was likely but not certain, and before the Treasury will sell short- and intermediate-dated debt this week.
The yield on benchmark U.S. 10-year notes US10YT=RR rose 1.3 basis points to 4.271%.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields resumed their climb on Monday, reversing a U.S. Federal Reserve-driven fall from late last week as traders reassessed that move and any Fed impact on Europe.
Germany's 10-year bond yield, the euro zone's benchmark, was last up around 5 basis points at 2.77% DE10YT=RR, heading back towards last week's near five-month top around 2.79%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds steadied on Monday after a tumultuous week that saw fiscal concerns drive super long-term yields to record highs.
The benchmark 10-year JGB yield JP10YTN=JBTC was flat at the 1.615% level reached on Friday, its highest since October 2008.
For a full report, click on JP/
COMMODITIES
GOLD
Gold prices held steady on Monday, as the market's focus shifted to upcoming U.S. PCE data for cues on the Federal Reserve's policy path, while a stronger dollar capped gains.
Spot gold XAU= was flat at $3,372.67 per ounce, as of 0145 p.m. ET (17:44 GMT), after hitting its highest level since August 11 on Friday.
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures touched a one-week high on Monday as Rio Tinto suspended activity at its Simandou project in Guinea following an incident, raising fears of a potential delay in production start at the mine.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 2.27% higher at 787 yuan ($110.06) a metric ton, its highest since August 14.
For a full report, click on IRONORE/
- - - -
BASE METALS
Shanghai copper prices hit a more than one-week high on Monday, tracking some weakness in the dollar, after the U.S. central bank chief signalled a possible rate cut next month and as demand in top metals consumer China remained upbeat.
The most-traded copper contract on the Shanghai Futures Exchange SCFcv1 ended daytime trade up 1.25% at 79,690 yuan ($11,141.56) per metric ton, the highest since 24 July.
For a full report, click on MET/L
- - - -
OIL
Oil prices climbed around 2% on Monday, continuing last week's gains, as traders anticipated more U.S. sanctions on Russian oil and Ukrainian attacks on Russian energy infrastructure that could disrupt supplies.
Brent crude futures LCOc1 settled up $1.07, or 1.58%, at $68.80.
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures slipped on Monday, as concerns that recent high prices may dampen future demand weighed on the market.
The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange fell 36 ringgit, or 0.79%, to 4,493 ringgit ($1,068.49) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures rose on Monday, supported by weather-related supply concerns in key producing regions and firmer oil prices.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: was up 5 yen, or 1.58%, at 321.8 yen ($2.19) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Indian gaming stocks extend slide after ban on money-based games
** Shares of online gaming stocks drop 2%-5% over two days
** On Thursday, Parliament passed bill banning online games involving money, citing financial and psychological risks
** Nazara Tech NAZA.NS fall 4%; Bloomberg News reported Thursday co may write down poker app stake, Reuters could not verify report
** Delta Corp DELT.NS and OnMobile Global ONMO.NS fall 2% each
** Fantasy cricket platforms Mobile Premier League (MPL) and Dream 11 suspend all money-based games
** Gaming firms may challenge ban in Supreme Court
** YTD, NAZA up 20%, DELT and ONMO down 39% and 22%, respectively
(Reporting by Urvi Dugar)
(([email protected];))
** Shares of online gaming stocks drop 2%-5% over two days
** On Thursday, Parliament passed bill banning online games involving money, citing financial and psychological risks
** Nazara Tech NAZA.NS fall 4%; Bloomberg News reported Thursday co may write down poker app stake, Reuters could not verify report
** Delta Corp DELT.NS and OnMobile Global ONMO.NS fall 2% each
** Fantasy cricket platforms Mobile Premier League (MPL) and Dream 11 suspend all money-based games
** Gaming firms may challenge ban in Supreme Court
** YTD, NAZA up 20%, DELT and ONMO down 39% and 22%, respectively
(Reporting by Urvi Dugar)
(([email protected];))
Asia Morning Call-Global Markets
Aug 22 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 9,019.10 | 101.10 | NZX 50 | 13,194.07 | 122.77 |
DJIA | 44,779.63 | -158.68 | NIKKEI | 42,610.17 | -278.38 |
Nasdaq | 21,090.61 | -82.25 | FTSE | 9,309.20 | 21.06 |
S&P 500 | 6,374.44 | -21.34 | Hang Seng | 25,104.61 | -61.33 |
SPI 200 Fut | 8,971.00 | -12 | STI | 4,230.90 | 11.36 |
SSEC | 3,771.10 | 4.89 | KOSPI | 3,141.74 | 11.65 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.6070 | -0.0010 | KR 10 YR Bond | 2.852 | -0.002 |
AU 10 YR Bond | 4.3160 | 0.0370 | US 10 YR Bond | 4.3296 | 0.034 |
NZ 10 YR Bond | 4.3780 | -0.0050 | US 30 YR Bond | 4.9213 | 0.017 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2888 | 0.0035 | KRW US$ | 1,401.190 | 3.59 |
AUD US$ | 0.6426 | -0.00076 | NZD US$ | 0.5818 | -0.0004 |
EUR US$ | 1.1610 | -0.0041 | Yen US$ | 148.2800 | 0.96 |
THB US$ | 32.6600 | 0.14 | PHP US$ | 57.1430 | 0.073 |
IDR US$ | 16,280 | 15 | INR US$ | 87.3040 | 0.306 |
MYR US$ | 4.2220 | -0.002 | TWD US$ | 30.5050 | 0.197 |
CNY US$ | 7.1802 | 0.0032 | HKD US$ | 7.8140 | 0.0017 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,337.95 | -3.94 | Silver (Lon) | 38.10 | 0.49 |
U.S. Gold Fut | 3,386.50 | 0.7 | Brent Crude | 67.65 | 0.81 |
Iron Ore | CNY772.5 | 3.5 | TRJCRB Index | -- | -- |
TOCOM Rubber | JPY316.5 | 2.7 | LME Copper | 9,721 | 29 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1820 GMT
EQUITIES
GLOBAL - Global equities were lower and gold prices eased on Thursday, as traders avoided making big moves and waited for the Federal Reserve's three-day annual Jackson Hole symposium.
The MSCI World Equity Index retreated 0.21% .MIWD00000PUS.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street's main indexes slipped on Thursday, as cautious investors awaited clues on monetary policy from a Federal Reserve conference in Jackson Hole, while big-box retailer Walmart's quarterly results did little to boost sentiment.
At 11:50 a.m. ET the Dow Jones Industrial Average .DJI fell 74.70 points, or 0.17%, to 44,863.61, the S&P 500 .SPX lost 12.73 points, or 0.20%, to 6,383.05 and the Nasdaq Composite .IXIC lost 42.87 points, or 0.20%, to 21,129.99.
For a full report, click on .N
- - - -
LONDON - European equities were subdued on Thursday as investors awaited updates from the Federal Reserve's Jackson Hole symposium, while the United States and European Union locked in a framework trade deal reached last month.
The pan-European STOXX 600 index .STOXX was flat at the close, while major bourses were mixed.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average fell for a third session on Thursday as investors sold stocks to book profits from a recent rally, with technology stocks tracking U.S. peers lower.
The Nikkei .N225 slipped 0.65% to close at 42,610.17.
For a full report, click on .T
- - - -
SHANGHAI - Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains in fintech and stablecoin-concept shares after a Reuters report signalled a major shift in Beijing's stance on digital assets.
The blue-chip CSI300 index .CSI300 gained 0.39%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares crossed the key 9,000 level for the first time on Thursday, with index heavyweight financials leading the rally in broad-based buying as investors shrugged off concerns of stretched valuations to pile into the sector.
The S&P/ASX 200 index .AXJO rose 1.1% to a record level of 9,019.10, also an all-time closing high. It had gained 0.3% on Wednesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares rose on Thursday as petrochemical firms gained, and nuclear energy and shipbuilding stocks jumped on hopes of industrial cooperation with the U.S. ahead of an upcoming summit.
The benchmark KOSPI .KS11 added 11.65 points, or 0.37%, to close at 3,141.74.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar gained on Thursday before a highly anticipated speech by Federal Reserve Chair Jerome Powell on Friday will be evaluated for any new clues on whether the U.S. central bank is likely to cut interest rates next month.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, was last up 0.27% on the day at 98.50.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan firmed to a one-week high against the dollar on Thursday, after the central bank set its strongest daily guidance in nine months, while investors await cues from the Federal Reserve on the currency's near-term direction.
The spot yuan CNY=CFXS opened at 7.1777 per dollar and was last trading at 7.1729 as of 0248 GMT, 41 pips firmer than the previous late session close and 0.62% weaker than the midpoint.
For a full report, click on CNY/
- - - -
AUSTRALIA - The New Zealand dollar wallowed at a four-month trough on Thursday as investors rushed to price in more monetary policy easing there, pushing short-term market rates to their lowest since early 2022.
The kiwi was pinned at $0.5818 NZD=D3, having shed 1.2% the previous session in its biggest drop since the tariff-induced chaos of early April.
For a full report, click on AUD/
- - - -
SEOUL - The Korean won weakens against dollar on Thursday.
The won was quoted at 1,399.0 per dollar on the onshore settlement platform KRW=KFTC, 0.13% lower than Thursday's close of 1,397.2.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Yields on U.S. Treasuries rose on Thursday following upticks in weekly jobless claims and existing home sales, ahead of widely anticipated remarks by Federal Reserve Chair Fed Powell on Friday.
The benchmark U.S. 10-year note yield US10YT=RR rose 4.7 basis points from late Wednesday to 4.343%.
For a full report, click on US/
- - - -
LONDON - Euro zone bond yields inched higher on Thursday as markets digested better than expected euro zone business activity data and geared up for the Federal Reserve's annual symposium in Jackson Hole.
Germany's 10-year yield DE10YT=RR was up 3 basis points at 2.743%
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bond prices fell on Thursday in choppy trading, with the 10-year yield hitting a 17-year high, as a weaker-than-expected outcome of a liquidity-enhancing auction weighed on sentiment.
The 10-year JGB yield JP10YTN=JBTC was last at 1.61%, its highest level since October 2008.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices were steady on Thursday as investors awaited U.S. Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium on Friday for signals on the central bank's policy direction.
Spot gold XAU= fell 0.1% to $3,342.25 per ounce, as of 11:33 a.m. ET (1533 GMT).
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures rebounded on Thursday as a mandated production cut ahead of a military parade in China seemed to be less severe and shorter than expected, allaying demand concerns.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 0.98% higher at 772.5 yuan ($107.63) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices were steady on Thursday with markets waiting for the Federal Reserve's annual symposium in Jackson Hole, Wyoming, and Fed Chair Jerome Powell's speech on Friday for U.S. interest policy clues.
Benchmark copper CMCU3 on the London Metal Exchange was unchanged at $9,724.50 a metric ton by 1615 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil prices rose by nearly a dollar a barrel on Thursday as Russia and Ukraine blamed each other for a stalled peace process, and as earlier U.S. data showed signs of strong demand in the top oil consuming nation.
Brent crude futures LCOc1 were up 85 cents, or about 1.3%, at $67.69 a barrel at 1:42 p.m. EDT (1742 GMT), having hit a two-week high earlier in the session.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures extended losses to a third session on Thursday despite strong exports over the August 1-20 period, tracking weakness in Dalian Commodity Exchange vegetable oils.
The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange lost 36 ringgit, or 0.8%, to 4,462 ringgit ($1,056.85) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures ended higher on Thursday, supported by higher oil prices and persistent concerns over adverse weather in top rubber-producing regions, while traders assessed yield prospects during the peak production season.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: was up 2.7 yen, or 0.86%, at 316.5 yen ($2.15) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Aug 22 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 9,019.10 | 101.10 | NZX 50 | 13,194.07 | 122.77 |
DJIA | 44,779.63 | -158.68 | NIKKEI | 42,610.17 | -278.38 |
Nasdaq | 21,090.61 | -82.25 | FTSE | 9,309.20 | 21.06 |
S&P 500 | 6,374.44 | -21.34 | Hang Seng | 25,104.61 | -61.33 |
SPI 200 Fut | 8,971.00 | -12 | STI | 4,230.90 | 11.36 |
SSEC | 3,771.10 | 4.89 | KOSPI | 3,141.74 | 11.65 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.6070 | -0.0010 | KR 10 YR Bond | 2.852 | -0.002 |
AU 10 YR Bond | 4.3160 | 0.0370 | US 10 YR Bond | 4.3296 | 0.034 |
NZ 10 YR Bond | 4.3780 | -0.0050 | US 30 YR Bond | 4.9213 | 0.017 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2888 | 0.0035 | KRW US$ | 1,401.190 | 3.59 |
AUD US$ | 0.6426 | -0.00076 | NZD US$ | 0.5818 | -0.0004 |
EUR US$ | 1.1610 | -0.0041 | Yen US$ | 148.2800 | 0.96 |
THB US$ | 32.6600 | 0.14 | PHP US$ | 57.1430 | 0.073 |
IDR US$ | 16,280 | 15 | INR US$ | 87.3040 | 0.306 |
MYR US$ | 4.2220 | -0.002 | TWD US$ | 30.5050 | 0.197 |
CNY US$ | 7.1802 | 0.0032 | HKD US$ | 7.8140 | 0.0017 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,337.95 | -3.94 | Silver (Lon) | 38.10 | 0.49 |
U.S. Gold Fut | 3,386.50 | 0.7 | Brent Crude | 67.65 | 0.81 |
Iron Ore | CNY772.5 | 3.5 | TRJCRB Index | -- | -- |
TOCOM Rubber | JPY316.5 | 2.7 | LME Copper | 9,721 | 29 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1820 GMT
EQUITIES
GLOBAL - Global equities were lower and gold prices eased on Thursday, as traders avoided making big moves and waited for the Federal Reserve's three-day annual Jackson Hole symposium.
The MSCI World Equity Index retreated 0.21% .MIWD00000PUS.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street's main indexes slipped on Thursday, as cautious investors awaited clues on monetary policy from a Federal Reserve conference in Jackson Hole, while big-box retailer Walmart's quarterly results did little to boost sentiment.
At 11:50 a.m. ET the Dow Jones Industrial Average .DJI fell 74.70 points, or 0.17%, to 44,863.61, the S&P 500 .SPX lost 12.73 points, or 0.20%, to 6,383.05 and the Nasdaq Composite .IXIC lost 42.87 points, or 0.20%, to 21,129.99.
For a full report, click on .N
- - - -
LONDON - European equities were subdued on Thursday as investors awaited updates from the Federal Reserve's Jackson Hole symposium, while the United States and European Union locked in a framework trade deal reached last month.
The pan-European STOXX 600 index .STOXX was flat at the close, while major bourses were mixed.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average fell for a third session on Thursday as investors sold stocks to book profits from a recent rally, with technology stocks tracking U.S. peers lower.
The Nikkei .N225 slipped 0.65% to close at 42,610.17.
For a full report, click on .T
- - - -
SHANGHAI - Mainland China stocks advanced on Thursday, with the Shanghai benchmark closing at a decade high level, driven by hefty gains in fintech and stablecoin-concept shares after a Reuters report signalled a major shift in Beijing's stance on digital assets.
The blue-chip CSI300 index .CSI300 gained 0.39%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares crossed the key 9,000 level for the first time on Thursday, with index heavyweight financials leading the rally in broad-based buying as investors shrugged off concerns of stretched valuations to pile into the sector.
The S&P/ASX 200 index .AXJO rose 1.1% to a record level of 9,019.10, also an all-time closing high. It had gained 0.3% on Wednesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares rose on Thursday as petrochemical firms gained, and nuclear energy and shipbuilding stocks jumped on hopes of industrial cooperation with the U.S. ahead of an upcoming summit.
The benchmark KOSPI .KS11 added 11.65 points, or 0.37%, to close at 3,141.74.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar gained on Thursday before a highly anticipated speech by Federal Reserve Chair Jerome Powell on Friday will be evaluated for any new clues on whether the U.S. central bank is likely to cut interest rates next month.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, was last up 0.27% on the day at 98.50.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan firmed to a one-week high against the dollar on Thursday, after the central bank set its strongest daily guidance in nine months, while investors await cues from the Federal Reserve on the currency's near-term direction.
The spot yuan CNY=CFXS opened at 7.1777 per dollar and was last trading at 7.1729 as of 0248 GMT, 41 pips firmer than the previous late session close and 0.62% weaker than the midpoint.
For a full report, click on CNY/
- - - -
AUSTRALIA - The New Zealand dollar wallowed at a four-month trough on Thursday as investors rushed to price in more monetary policy easing there, pushing short-term market rates to their lowest since early 2022.
The kiwi was pinned at $0.5818 NZD=D3, having shed 1.2% the previous session in its biggest drop since the tariff-induced chaos of early April.
For a full report, click on AUD/
- - - -
SEOUL - The Korean won weakens against dollar on Thursday.
The won was quoted at 1,399.0 per dollar on the onshore settlement platform KRW=KFTC, 0.13% lower than Thursday's close of 1,397.2.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Yields on U.S. Treasuries rose on Thursday following upticks in weekly jobless claims and existing home sales, ahead of widely anticipated remarks by Federal Reserve Chair Fed Powell on Friday.
The benchmark U.S. 10-year note yield US10YT=RR rose 4.7 basis points from late Wednesday to 4.343%.
For a full report, click on US/
- - - -
LONDON - Euro zone bond yields inched higher on Thursday as markets digested better than expected euro zone business activity data and geared up for the Federal Reserve's annual symposium in Jackson Hole.
Germany's 10-year yield DE10YT=RR was up 3 basis points at 2.743%
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bond prices fell on Thursday in choppy trading, with the 10-year yield hitting a 17-year high, as a weaker-than-expected outcome of a liquidity-enhancing auction weighed on sentiment.
The 10-year JGB yield JP10YTN=JBTC was last at 1.61%, its highest level since October 2008.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices were steady on Thursday as investors awaited U.S. Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium on Friday for signals on the central bank's policy direction.
Spot gold XAU= fell 0.1% to $3,342.25 per ounce, as of 11:33 a.m. ET (1533 GMT).
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures rebounded on Thursday as a mandated production cut ahead of a military parade in China seemed to be less severe and shorter than expected, allaying demand concerns.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 0.98% higher at 772.5 yuan ($107.63) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices were steady on Thursday with markets waiting for the Federal Reserve's annual symposium in Jackson Hole, Wyoming, and Fed Chair Jerome Powell's speech on Friday for U.S. interest policy clues.
Benchmark copper CMCU3 on the London Metal Exchange was unchanged at $9,724.50 a metric ton by 1615 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil prices rose by nearly a dollar a barrel on Thursday as Russia and Ukraine blamed each other for a stalled peace process, and as earlier U.S. data showed signs of strong demand in the top oil consuming nation.
Brent crude futures LCOc1 were up 85 cents, or about 1.3%, at $67.69 a barrel at 1:42 p.m. EDT (1742 GMT), having hit a two-week high earlier in the session.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures extended losses to a third session on Thursday despite strong exports over the August 1-20 period, tracking weakness in Dalian Commodity Exchange vegetable oils.
The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange lost 36 ringgit, or 0.8%, to 4,462 ringgit ($1,056.85) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures ended higher on Thursday, supported by higher oil prices and persistent concerns over adverse weather in top rubber-producing regions, while traders assessed yield prospects during the peak production season.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: was up 2.7 yen, or 0.86%, at 316.5 yen ($2.15) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
Aug 21 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,918.00 | 21.80 | NZX 50 | 13,071.30 | 142.62 |
DJIA | 44,938.31 | 16.04 | NIKKEI | 42,888.55 | -657.74 |
Nasdaq | 21,183.71 | -131.25 | FTSE | 9,288.14 | 98.92 |
S&P 500 | 6,395.78 | -15.59 | Hang Seng | 25,165.94 | 43.04 |
SPI 200 Fut | 8,898.00 | +19 | STI | 4219.54 | 3.35 |
SSEC | 3,766.21 | 38.92 | KOSPI | 3,130.09 | -21.47 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.6100 | 0.0000 | KR 10 YR Bond | 2.854 | 0.01 |
AU 10 YR Bond | 4.2790 | -0.0230 | US 10 YR Bond | 4.2887 | -0.013 |
NZ 10 YR Bond | 4.4200 | 0.0020 | US 30 YR Bond | 4.8938 | -0.008 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2851 | 0 | KRW US$ | 1,398.210 | 5.23 |
AUD US$ | 0.6431 | -0.00239 | NZD US$ | 0.5821 | -0.0071 |
EUR US$ | 1.1647 | 0.0001 | Yen US$ | 147.4500 | -0.21 |
THB US$ | 32.5400 | 0 | PHP US$ | 57.0700 | -0.115 |
IDR US$ | 16,265 | 30 | INR US$ | 87.0220 | -0.018 |
MYR US$ | 4.2240 | 0.003 | TWD US$ | 30.3080 | 0.188 |
CNY US$ | 7.1770 | -0.006 | HKD US$ | 7.8126 | 0.0136 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,344.37 | 2.48 | SilVer (Lon) | 37.78 | 0.17 |
U.S. Gold Fut | 3,388.50 | 2.7 | Brent Crude | 67.06 | 1.27 |
Iron Ore | CNY769 | -2 | TRJCRB Index | -- | -- |
TOCOM Rubber | JPY313.8 | -4.3 | LME Copper | 9,685 | -48.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 2020 GMT
EQUITIES
GLOBAL - Wall Street shares dropped on Wednesday, with a tech selloff extending into a second day, while a key meeting of central bankers later this week remained in focus for currency and rates traders.
Analysts blamed a confluence of factors for the weakness in tech stocks, including concerns over steep valuations, investors exiting profitable positions, and risk aversion.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street's main indexes fell on Wednesday, with a selloff in tech stocks driving the Nasdaq to a two-week low as caution prevailed ahead of the Federal Reserve's highly anticipated Jackson Hole symposium this week.
At 1:55 p.m. the Dow Jones Industrial Average .DJI rose 9.10 points, or 0.02%, to 44,931.37, the S&P 500 .SPX lost 23.18 points, or 0.36%, to 6,388.19 and the Nasdaq Composite .IXIC lost 182.28 points, or 0.85%, to 21,132.67.
For a full report, click on .N
- - - -
LONDON - Europe's STOXX 600 closed higher on Wednesday boosted by consumer and healthcare stocks, while declines in tech and defence stocks limited gains, ahead of a crucial meeting of global central bankers.
The pan-European STOXX 600 index .STOXX closed 0.2% up, at its highest closing level in more than five months.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average slid for a second day on Wednesday, coming off of record highs, dragged lower by chip-related companies.
The Nikkei 225 Index .N225 lost 1.5% to 42,888.55 at the close.
For a full report, click on .T
- - - -
SHANGHAI - China stocks rose to their highest level since 2015 on Wednesday, extending a rally fuelled by a rotation of funds into equities amid easing trade tensions and Beijing's crackdown on excessive competition.
China's blue-chip CSI300 Index .CSI300 closed up 1.1%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares are likely to edge higher at open on Thursday, bolstered by a potential rise in energy and gold stocks, as investors globally shifted focus to U.S. Federal Reserve Chair Jerome Powell's upcoming Jackson Hole symposium speech.
The local share price index futures YAPcm1 rose 0.2% higher, a 20-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark ended 0.3% higher on Wednesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares fell for a third straight session on Wednesday, as overnight losses in U.S. technology stocks weighed.
The benchmark KOSPI .KS11 lost 21.47 points, or 0.68%, to 3,130.09, the lowest closing level since August 1. It fell as much as 2.29% during the session.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar fell on Wednesday after U.S. President Donald Trump called on Federal Reserve Governor Lisa Cook to resign, but pared gains after minutes from the Fed's latest meeting showed that only two policymakers supported an interest rate cut last month.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, was last down 0.13% on the day at 98.20.
For a full report, click on USD/
- - - -
CHINA - China's yuan weakened to a more than one-week low against the dollar on Wednesday, reflecting broad greenback strength in global markets as investors awaited U.S. Federal Reserve's annual Jackson Hole symposium for clues on the currency outlook.
The onshore yuan CNY=CFXS slipped to a low of 7.1897 per dollar at one point, the weakest level since August 12, before changing hands at 7.1853 as of 0347 GMT.
For a full report, click on CNY/
- - - -
AUSTRALIA - The New Zealand dollar slid to four-month lows on Wednesday after the country's central bank cut interest rates as expected but left the door wide open to yet more easing if needed, a dovish surprise that saw bonds rally sharply.
The sharp shift in outlook sent the kiwi dollar down 1.1% to $0.5830 NZD=D3, having already lost 0.5% overnight amid a general risk-off mood in global markets.
For a full report, click on AUD/
- - - -
SEOUL - The Korean won weakened against dollar on Wednesday.
The won was quoted at 1,398.4 per dollar on the onshore settlement platform KRW=KFTC, 0.46% lower than Tuesday's close of 1,392.0.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields fell moderately on Wednesday in subdued, range-bound trading, as investors awaited Federal Reserve Chair Jerome Powell's comments on Friday at a central bank gathering in Jackson Hole, Wyoming.
The benchmark U.S. 10-year yield dipped 1.1 bps to 4.291% US10YT=RR, while the 30-year yield was flat at 4.899% US30YT=RR.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields dropped on Wednesday, moving away from this week's multi-month high, as traders positioned ahead of a gathering of global central bankers later in the week.
Germany's 10-year bond yield DE10YT=RR, the euro zone benchmark, was down 4 basis points at 2.71%, after hitting a 4-1/2 month high of 2.787% on Monday.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds plunged on Wednesday, sending benchmark yields to match a near 17-year high, after a lacklustre auction and fiscal concerns damped confidence in the market.
The 10-year JGB yield JP10YTN=JBTC rose 1.5 basis points (bps) to 1.605%, a level last touched on July 25 - the highest since October 2008.
For a full report, click on JP/
COMMODITIES
GOLD
Gold rose on Wednesday as the U.S. dollar eased, with market participants bracing for the upcoming Jackson Hole symposium, while minutes revealed that Federal Reserve dissenters appeared alone in favoring a rate cut at the July meeting.
Spot gold XAU= gained 0.9% to $3,344.37 per ounce, by 2:23 p.m. EDT (1823 GMT) after hitting its lowest level since August 1 earlier.
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures prices declined on Wednesday, pressured by a mandated production cut ahead of a military parade in China and U.S. trade restrictions on steel imports.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 traded 0.19% lower at 769 yuan ($107.09) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS
Copper prices slipped on Wednesday to their lowest in nearly two weeks as funds sold, while consumers and producers were sidelined ahead of a speech by U.S. Federal Reserve Chair Jerome Powell later this week, metal traders said.
Benchmark copper CMCU3 on the London Metal Exchange dipped to $9,670.50, its lowest since August 7, before reversing to trade up 0.3% at $9,724 by 1610 GMT as the dollar softened after U.S. President Donald Trump called for the resignation of Federal Reserve Governor Lisa Cook.
For a full report, click on MET/L
- - - -
OIL
Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude inventories as investors awaited the next steps in talks to end the Ukraine war, with sanctions on Russian crude remaining in place for now.
Brent crude futures LCOc1 were up $1.05, or 1.6%, to settle at $66.84 a barrel.
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures fell for a second straight session on Wednesday on profit taking and weaker rival edible oils, while strong palm oil exports data for August 1-20 limited losses.
The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange lost 24 ringgit, or 0.53%, to 4,497 ringgit ($1,064.63) a metric ton at closing.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures fell on Wednesday, pressured by declining demand for tyres and accumulated inventories.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: ended daytime trade 4.3 yen, or 1.35%, lower at 313.8 yen ($2.13) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Aug 21 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,918.00 | 21.80 | NZX 50 | 13,071.30 | 142.62 |
DJIA | 44,938.31 | 16.04 | NIKKEI | 42,888.55 | -657.74 |
Nasdaq | 21,183.71 | -131.25 | FTSE | 9,288.14 | 98.92 |
S&P 500 | 6,395.78 | -15.59 | Hang Seng | 25,165.94 | 43.04 |
SPI 200 Fut | 8,898.00 | +19 | STI | 4219.54 | 3.35 |
SSEC | 3,766.21 | 38.92 | KOSPI | 3,130.09 | -21.47 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.6100 | 0.0000 | KR 10 YR Bond | 2.854 | 0.01 |
AU 10 YR Bond | 4.2790 | -0.0230 | US 10 YR Bond | 4.2887 | -0.013 |
NZ 10 YR Bond | 4.4200 | 0.0020 | US 30 YR Bond | 4.8938 | -0.008 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2851 | 0 | KRW US$ | 1,398.210 | 5.23 |
AUD US$ | 0.6431 | -0.00239 | NZD US$ | 0.5821 | -0.0071 |
EUR US$ | 1.1647 | 0.0001 | Yen US$ | 147.4500 | -0.21 |
THB US$ | 32.5400 | 0 | PHP US$ | 57.0700 | -0.115 |
IDR US$ | 16,265 | 30 | INR US$ | 87.0220 | -0.018 |
MYR US$ | 4.2240 | 0.003 | TWD US$ | 30.3080 | 0.188 |
CNY US$ | 7.1770 | -0.006 | HKD US$ | 7.8126 | 0.0136 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,344.37 | 2.48 | SilVer (Lon) | 37.78 | 0.17 |
U.S. Gold Fut | 3,388.50 | 2.7 | Brent Crude | 67.06 | 1.27 |
Iron Ore | CNY769 | -2 | TRJCRB Index | -- | -- |
TOCOM Rubber | JPY313.8 | -4.3 | LME Copper | 9,685 | -48.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 2020 GMT
EQUITIES
GLOBAL - Wall Street shares dropped on Wednesday, with a tech selloff extending into a second day, while a key meeting of central bankers later this week remained in focus for currency and rates traders.
Analysts blamed a confluence of factors for the weakness in tech stocks, including concerns over steep valuations, investors exiting profitable positions, and risk aversion.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street's main indexes fell on Wednesday, with a selloff in tech stocks driving the Nasdaq to a two-week low as caution prevailed ahead of the Federal Reserve's highly anticipated Jackson Hole symposium this week.
At 1:55 p.m. the Dow Jones Industrial Average .DJI rose 9.10 points, or 0.02%, to 44,931.37, the S&P 500 .SPX lost 23.18 points, or 0.36%, to 6,388.19 and the Nasdaq Composite .IXIC lost 182.28 points, or 0.85%, to 21,132.67.
For a full report, click on .N
- - - -
LONDON - Europe's STOXX 600 closed higher on Wednesday boosted by consumer and healthcare stocks, while declines in tech and defence stocks limited gains, ahead of a crucial meeting of global central bankers.
The pan-European STOXX 600 index .STOXX closed 0.2% up, at its highest closing level in more than five months.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average slid for a second day on Wednesday, coming off of record highs, dragged lower by chip-related companies.
The Nikkei 225 Index .N225 lost 1.5% to 42,888.55 at the close.
For a full report, click on .T
- - - -
SHANGHAI - China stocks rose to their highest level since 2015 on Wednesday, extending a rally fuelled by a rotation of funds into equities amid easing trade tensions and Beijing's crackdown on excessive competition.
China's blue-chip CSI300 Index .CSI300 closed up 1.1%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares are likely to edge higher at open on Thursday, bolstered by a potential rise in energy and gold stocks, as investors globally shifted focus to U.S. Federal Reserve Chair Jerome Powell's upcoming Jackson Hole symposium speech.
The local share price index futures YAPcm1 rose 0.2% higher, a 20-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark ended 0.3% higher on Wednesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares fell for a third straight session on Wednesday, as overnight losses in U.S. technology stocks weighed.
The benchmark KOSPI .KS11 lost 21.47 points, or 0.68%, to 3,130.09, the lowest closing level since August 1. It fell as much as 2.29% during the session.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar fell on Wednesday after U.S. President Donald Trump called on Federal Reserve Governor Lisa Cook to resign, but pared gains after minutes from the Fed's latest meeting showed that only two policymakers supported an interest rate cut last month.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, was last down 0.13% on the day at 98.20.
For a full report, click on USD/
- - - -
CHINA - China's yuan weakened to a more than one-week low against the dollar on Wednesday, reflecting broad greenback strength in global markets as investors awaited U.S. Federal Reserve's annual Jackson Hole symposium for clues on the currency outlook.
The onshore yuan CNY=CFXS slipped to a low of 7.1897 per dollar at one point, the weakest level since August 12, before changing hands at 7.1853 as of 0347 GMT.
For a full report, click on CNY/
- - - -
AUSTRALIA - The New Zealand dollar slid to four-month lows on Wednesday after the country's central bank cut interest rates as expected but left the door wide open to yet more easing if needed, a dovish surprise that saw bonds rally sharply.
The sharp shift in outlook sent the kiwi dollar down 1.1% to $0.5830 NZD=D3, having already lost 0.5% overnight amid a general risk-off mood in global markets.
For a full report, click on AUD/
- - - -
SEOUL - The Korean won weakened against dollar on Wednesday.
The won was quoted at 1,398.4 per dollar on the onshore settlement platform KRW=KFTC, 0.46% lower than Tuesday's close of 1,392.0.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields fell moderately on Wednesday in subdued, range-bound trading, as investors awaited Federal Reserve Chair Jerome Powell's comments on Friday at a central bank gathering in Jackson Hole, Wyoming.
The benchmark U.S. 10-year yield dipped 1.1 bps to 4.291% US10YT=RR, while the 30-year yield was flat at 4.899% US30YT=RR.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields dropped on Wednesday, moving away from this week's multi-month high, as traders positioned ahead of a gathering of global central bankers later in the week.
Germany's 10-year bond yield DE10YT=RR, the euro zone benchmark, was down 4 basis points at 2.71%, after hitting a 4-1/2 month high of 2.787% on Monday.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds plunged on Wednesday, sending benchmark yields to match a near 17-year high, after a lacklustre auction and fiscal concerns damped confidence in the market.
The 10-year JGB yield JP10YTN=JBTC rose 1.5 basis points (bps) to 1.605%, a level last touched on July 25 - the highest since October 2008.
For a full report, click on JP/
COMMODITIES
GOLD
Gold rose on Wednesday as the U.S. dollar eased, with market participants bracing for the upcoming Jackson Hole symposium, while minutes revealed that Federal Reserve dissenters appeared alone in favoring a rate cut at the July meeting.
Spot gold XAU= gained 0.9% to $3,344.37 per ounce, by 2:23 p.m. EDT (1823 GMT) after hitting its lowest level since August 1 earlier.
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures prices declined on Wednesday, pressured by a mandated production cut ahead of a military parade in China and U.S. trade restrictions on steel imports.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 traded 0.19% lower at 769 yuan ($107.09) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS
Copper prices slipped on Wednesday to their lowest in nearly two weeks as funds sold, while consumers and producers were sidelined ahead of a speech by U.S. Federal Reserve Chair Jerome Powell later this week, metal traders said.
Benchmark copper CMCU3 on the London Metal Exchange dipped to $9,670.50, its lowest since August 7, before reversing to trade up 0.3% at $9,724 by 1610 GMT as the dollar softened after U.S. President Donald Trump called for the resignation of Federal Reserve Governor Lisa Cook.
For a full report, click on MET/L
- - - -
OIL
Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude inventories as investors awaited the next steps in talks to end the Ukraine war, with sanctions on Russian crude remaining in place for now.
Brent crude futures LCOc1 were up $1.05, or 1.6%, to settle at $66.84 a barrel.
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures fell for a second straight session on Wednesday on profit taking and weaker rival edible oils, while strong palm oil exports data for August 1-20 limited losses.
The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange lost 24 ringgit, or 0.53%, to 4,497 ringgit ($1,064.63) a metric ton at closing.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures fell on Wednesday, pressured by declining demand for tyres and accumulated inventories.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: ended daytime trade 4.3 yen, or 1.35%, lower at 313.8 yen ($2.13) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
Aug 7 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,831.40 | -12.30 | NZX 50 | 12,887.10 | 6.94 |
DJIA | 43,838.53 | -354.59 | NIKKEI | 41,059.15 | 264.29 |
Nasdaq | 21,175.48 | 6.05 | FTSE | 9,100.77 | -63.54 |
S&P 500 | 6,314.03 | -31.03 | Hang Seng | 25,081.63 | 171.00 |
SPI 200 Fut | 8,741.00 | -41.00 | STI | 4,258.15 | 30.45 |
SSEC | 3,639.67 | 5.67 | KOSPI | 3,227.68 | 29.54 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.4810 | -0.0090 | KR 10 YR Bond | 2.767 | -0.013 |
AU 10 YR Bond | 4.2530 | 0.0010 | US 10 YR Bond | 4.2481 | 0.016 |
NZ 10 YR Bond | 4.4370 | -0.0090 | US 30 YR Bond | 4.8211 | 0.01 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2852 | 0 | KRW US$ | 1,385.890 | 1.4 |
AUD US$ | 0.6500 | -0.00016 | NZD US$ | 0.5943 | 0.0015 |
EUR US$ | 1.1632 | -0.0027 | Yen US$ | 147.4400 | 0.09 |
THB US$ | 32.3200 | 0.01 | PHP US$ | 57.0920 | -0.228 |
IDR US$ | 16,285 | -70 | INR US$ | 87.4180 | -0.282 |
MYR US$ | 4.2300 | 0.003 | TWD US$ | 29.8200 | -0.17 |
CNY US$ | 7.1815 | -0.0021 | HKD US$ | 7.8498 | 0.0003 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,389.27 | 20.7639 | Silver (Lon) | 38.0831 | 0.2231 |
U.S. Gold Fut | 3,452.8 | 19.4 | Brent Crude | 66.61 | -0.28 |
Iron Ore | CNY793 | -1.5 | TRJCRB Index | -- | -- |
TOCOM Rubber | JPY318 | 0.9 | LME Copper | 9,674 | 35.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 18:30 GMT
EQUITIES
GLOBAL - Global equities rose on Thursday as upbeat earnings, growing hopes for a ceasefire in Ukraine and expectations for U.S. rate cuts boosted sentiment, while oil prices steadied on news of a meeting between the Russian and U.S. presidents.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.45% to 937.40. Japanese shares hit a record high.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall street's main indexes trimmed their early gains on Thursday amid concerns over the Federal Reserve's independence, following a report that Fed Governor Christopher Waller was President Donald Trump's top candidate for the central bank's chair post.
At 10:59 a.m. ET, the Dow Jones Industrial Average .DJI fell 230.10 points, or 0.52%, to 43,963.02, the S&P 500 .SPX gained 0.26 points, or 0.00%, to 6,345.62 and the Nasdaq Composite .IXIC gained 97.56 points, or 0.46%, to 21,266.98.
For a full report, click on .N
- - - -
LONDON - European shares logged their biggest daily rise in over two weeks on Thursday, boosted by financial stocks as investors weighed mixed corporate earnings, U.S. tariffs and a potential breakthrough to end the Russian-Ukraine conflict.
The pan-European STOXX 600 index .STOXX closed up 0.9% at a one-week high, with the European banks index .SX7E climbing 2% to its highest level since 2010 and the insurance index .SXIP up 1.6% to a record high.
For a full report, click on .EU
- - - -
TOKYO - Japan's Topix index closed at a record high on Thursday after worries about the impact of U.S. tariffs eased, and increased investor optimism about strong performance of domestic firms.
The Nikkei .N225 climbed 0.65% to 41,059.15.
For a full report, click on .T
- - - -
SHANGHAI - China stocks rose for a fourth straight day to close at a 3-1/2-year high on Thursday, as upbeat export data added fuel to the recent market rally despite renewed U.S. tariff threats.
The Shanghai Composite index .SSEC climbed 0.2% to 3,639.67, the highest such close since December 2021. The blue-chip CSI300 index .CSI300 was little changed.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares dipped on Thursday as investors booked profits after two record-setting sessions and shifted focus to next week's peak earnings season.
The S&P/ASX 200 index .AXJO finished 0.1% lower at 8,831.40 points after the benchmark posted record closes on Tuesday and Wednesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares rose on Thursday, as chipmaker Samsung Electronics jumped on announcing a deal with Apple, while peer SK Hynix shrugged off U.S. President Donald Trump's tariff threats.
The benchmark KOSPI .KS11 added 29.54 points, or 0.92%, to close at 3,227.68.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar rose on Thursday after Bloomberg News reported that Federal Reserve Governor Christopher Waller is emerging as a top candidate to serve as the central bank's chair among President Donald Trump's team.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, was last up 0.25% on the day at 98.43.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan firmed slightly against the U.S. dollar on Thursday, supported by a stronger official midpoint and upbeat trade data, which helped ease concerns over tariff-related pressures.
The spot yuan CNY=CFXS opened at 7.1830 per dollar and was last trading at 7.1809 as of 0244 GMT, 27 pips firmer than the previous late session close and 0.65% weaker than he midpoint.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars hit one-week highs on Thursday as their U.S. counterpart felt the heavy weight of rate cut bets, growth worries and tariff jitters, although stiff chart resistance loomed.
The Aussie AUD=D3 edged up 0.2% at $0.6516, the highest in a week, having gained 0.5% overnight.
For a full report, click on AUD/
- - - -
SEOUL - South Korean shares rose on Thursday, as chipmaker Samsung Electronics jumped on announcing a deal with Apple, while peer SK Hynix shrugged off U.S. President Donald Trump's tariff threats.
The won was quoted at 1,381.2 per dollar on the onshore settlement platform KRW=KFTC, 0.38% higher than Wednesday's close of 1,386.4.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields fell from their session highs on Thursday after data on the labor market and worker productivity did little to alter expectations for rate cuts from the Federal Reserve this year.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB was up 0.1 basis point to 4.233% after earlier advancing to 4.25%.
For a full report, click on US/
- - - -
LONDON - Euro zone yield curves flattened slightly on Thursday, with shorter dated yields rising a touch, and longer ones falling, though this was largely led by moves in Britain and the United States.
Germany's 10-year bond yield, the benchmark for the euro zone was last down marginally at 2.63%. DE10YT=RR
For a full report, click on GVD/EUR
- - - -
TOKYO - Japan's 30-year government bonds rose on Thursday after a closely-monitored auction saw a firm outcome, with market players saying strong participation from pension funds aided the demand.
Yields across the curve fell, with the 10-year JGB yield JP10YTN=JBTC falling 1 bp to 1.485%.
For a full report, click on JP/
COMMODITIES
GOLD - Gold rose to an over two-week high on Thursday, buoyed by safe haven demand after U.S. President Donald Trump's tariffs went into effect and U.S. jobs data added to rate-cut expectations.
Spot gold XAU= gained 0.5% to $3,384.80 per ounce as of 1127 a.m. ET (15:27 GMT), after hitting its highest level since July 23 earlier in the session.
For a full report, click on GOL/
- - - -
IRON ORE - Dalian iron ore futures edged lower on Thursday as investors weighed an uncertain demand outlook against efforts to curb overcapacity in China, while record exports from major producer Brazil further pressured market sentiment.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade down 0.25% at 793 yuan ($110.47) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices rose on Thursday after July trade data in top metals consumer China beat forecasts, with cautious optimism over a potential U.S.-China trade deal offering further support.
Three-month copper CMCU3 on the London Metal Exchange added 0.1% to $9,686.50 a metric ton by 1620 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil prices dipped on Thursday, wiping out gains earlier in the session, after the Kremlin said Russian President Vladimir Putin would meet U.S. President Donald Trump in the coming days, raising expectations for a diplomatic end to the war in Ukraine.
Brent crude futures LCOc1 were down 6 cents at $66.83 a barrel at 12:44 p.m. EDT. U.S. West Texas Intermediate crude CLc1 fell 4 cents to $64.31.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures ended lower for the second consecutive session on Thursday, pressured by concerns over rising inventories and production, while weak export demand further weighed on the market.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange shed 26 ringgit, or 0.61%, to 4,241 ringgit ($1,002.60) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures declined on Thursday, as improved weather in key producing regions raised output expectations and weaker U.S. manufacturing activity dampened sentiment.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: was down 2.8 yen, or 0.88%, at 317.1 yen ($2.16) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Aug 7 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,831.40 | -12.30 | NZX 50 | 12,887.10 | 6.94 |
DJIA | 43,838.53 | -354.59 | NIKKEI | 41,059.15 | 264.29 |
Nasdaq | 21,175.48 | 6.05 | FTSE | 9,100.77 | -63.54 |
S&P 500 | 6,314.03 | -31.03 | Hang Seng | 25,081.63 | 171.00 |
SPI 200 Fut | 8,741.00 | -41.00 | STI | 4,258.15 | 30.45 |
SSEC | 3,639.67 | 5.67 | KOSPI | 3,227.68 | 29.54 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.4810 | -0.0090 | KR 10 YR Bond | 2.767 | -0.013 |
AU 10 YR Bond | 4.2530 | 0.0010 | US 10 YR Bond | 4.2481 | 0.016 |
NZ 10 YR Bond | 4.4370 | -0.0090 | US 30 YR Bond | 4.8211 | 0.01 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2852 | 0 | KRW US$ | 1,385.890 | 1.4 |
AUD US$ | 0.6500 | -0.00016 | NZD US$ | 0.5943 | 0.0015 |
EUR US$ | 1.1632 | -0.0027 | Yen US$ | 147.4400 | 0.09 |
THB US$ | 32.3200 | 0.01 | PHP US$ | 57.0920 | -0.228 |
IDR US$ | 16,285 | -70 | INR US$ | 87.4180 | -0.282 |
MYR US$ | 4.2300 | 0.003 | TWD US$ | 29.8200 | -0.17 |
CNY US$ | 7.1815 | -0.0021 | HKD US$ | 7.8498 | 0.0003 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,389.27 | 20.7639 | Silver (Lon) | 38.0831 | 0.2231 |
U.S. Gold Fut | 3,452.8 | 19.4 | Brent Crude | 66.61 | -0.28 |
Iron Ore | CNY793 | -1.5 | TRJCRB Index | -- | -- |
TOCOM Rubber | JPY318 | 0.9 | LME Copper | 9,674 | 35.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 18:30 GMT
EQUITIES
GLOBAL - Global equities rose on Thursday as upbeat earnings, growing hopes for a ceasefire in Ukraine and expectations for U.S. rate cuts boosted sentiment, while oil prices steadied on news of a meeting between the Russian and U.S. presidents.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.45% to 937.40. Japanese shares hit a record high.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall street's main indexes trimmed their early gains on Thursday amid concerns over the Federal Reserve's independence, following a report that Fed Governor Christopher Waller was President Donald Trump's top candidate for the central bank's chair post.
At 10:59 a.m. ET, the Dow Jones Industrial Average .DJI fell 230.10 points, or 0.52%, to 43,963.02, the S&P 500 .SPX gained 0.26 points, or 0.00%, to 6,345.62 and the Nasdaq Composite .IXIC gained 97.56 points, or 0.46%, to 21,266.98.
For a full report, click on .N
- - - -
LONDON - European shares logged their biggest daily rise in over two weeks on Thursday, boosted by financial stocks as investors weighed mixed corporate earnings, U.S. tariffs and a potential breakthrough to end the Russian-Ukraine conflict.
The pan-European STOXX 600 index .STOXX closed up 0.9% at a one-week high, with the European banks index .SX7E climbing 2% to its highest level since 2010 and the insurance index .SXIP up 1.6% to a record high.
For a full report, click on .EU
- - - -
TOKYO - Japan's Topix index closed at a record high on Thursday after worries about the impact of U.S. tariffs eased, and increased investor optimism about strong performance of domestic firms.
The Nikkei .N225 climbed 0.65% to 41,059.15.
For a full report, click on .T
- - - -
SHANGHAI - China stocks rose for a fourth straight day to close at a 3-1/2-year high on Thursday, as upbeat export data added fuel to the recent market rally despite renewed U.S. tariff threats.
The Shanghai Composite index .SSEC climbed 0.2% to 3,639.67, the highest such close since December 2021. The blue-chip CSI300 index .CSI300 was little changed.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares dipped on Thursday as investors booked profits after two record-setting sessions and shifted focus to next week's peak earnings season.
The S&P/ASX 200 index .AXJO finished 0.1% lower at 8,831.40 points after the benchmark posted record closes on Tuesday and Wednesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares rose on Thursday, as chipmaker Samsung Electronics jumped on announcing a deal with Apple, while peer SK Hynix shrugged off U.S. President Donald Trump's tariff threats.
The benchmark KOSPI .KS11 added 29.54 points, or 0.92%, to close at 3,227.68.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar rose on Thursday after Bloomberg News reported that Federal Reserve Governor Christopher Waller is emerging as a top candidate to serve as the central bank's chair among President Donald Trump's team.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, was last up 0.25% on the day at 98.43.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan firmed slightly against the U.S. dollar on Thursday, supported by a stronger official midpoint and upbeat trade data, which helped ease concerns over tariff-related pressures.
The spot yuan CNY=CFXS opened at 7.1830 per dollar and was last trading at 7.1809 as of 0244 GMT, 27 pips firmer than the previous late session close and 0.65% weaker than he midpoint.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars hit one-week highs on Thursday as their U.S. counterpart felt the heavy weight of rate cut bets, growth worries and tariff jitters, although stiff chart resistance loomed.
The Aussie AUD=D3 edged up 0.2% at $0.6516, the highest in a week, having gained 0.5% overnight.
For a full report, click on AUD/
- - - -
SEOUL - South Korean shares rose on Thursday, as chipmaker Samsung Electronics jumped on announcing a deal with Apple, while peer SK Hynix shrugged off U.S. President Donald Trump's tariff threats.
The won was quoted at 1,381.2 per dollar on the onshore settlement platform KRW=KFTC, 0.38% higher than Wednesday's close of 1,386.4.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields fell from their session highs on Thursday after data on the labor market and worker productivity did little to alter expectations for rate cuts from the Federal Reserve this year.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB was up 0.1 basis point to 4.233% after earlier advancing to 4.25%.
For a full report, click on US/
- - - -
LONDON - Euro zone yield curves flattened slightly on Thursday, with shorter dated yields rising a touch, and longer ones falling, though this was largely led by moves in Britain and the United States.
Germany's 10-year bond yield, the benchmark for the euro zone was last down marginally at 2.63%. DE10YT=RR
For a full report, click on GVD/EUR
- - - -
TOKYO - Japan's 30-year government bonds rose on Thursday after a closely-monitored auction saw a firm outcome, with market players saying strong participation from pension funds aided the demand.
Yields across the curve fell, with the 10-year JGB yield JP10YTN=JBTC falling 1 bp to 1.485%.
For a full report, click on JP/
COMMODITIES
GOLD - Gold rose to an over two-week high on Thursday, buoyed by safe haven demand after U.S. President Donald Trump's tariffs went into effect and U.S. jobs data added to rate-cut expectations.
Spot gold XAU= gained 0.5% to $3,384.80 per ounce as of 1127 a.m. ET (15:27 GMT), after hitting its highest level since July 23 earlier in the session.
For a full report, click on GOL/
- - - -
IRON ORE - Dalian iron ore futures edged lower on Thursday as investors weighed an uncertain demand outlook against efforts to curb overcapacity in China, while record exports from major producer Brazil further pressured market sentiment.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade down 0.25% at 793 yuan ($110.47) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices rose on Thursday after July trade data in top metals consumer China beat forecasts, with cautious optimism over a potential U.S.-China trade deal offering further support.
Three-month copper CMCU3 on the London Metal Exchange added 0.1% to $9,686.50 a metric ton by 1620 GMT.
For a full report, click on MET/L
- - - -
OIL - Oil prices dipped on Thursday, wiping out gains earlier in the session, after the Kremlin said Russian President Vladimir Putin would meet U.S. President Donald Trump in the coming days, raising expectations for a diplomatic end to the war in Ukraine.
Brent crude futures LCOc1 were down 6 cents at $66.83 a barrel at 12:44 p.m. EDT. U.S. West Texas Intermediate crude CLc1 fell 4 cents to $64.31.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures ended lower for the second consecutive session on Thursday, pressured by concerns over rising inventories and production, while weak export demand further weighed on the market.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange shed 26 ringgit, or 0.61%, to 4,241 ringgit ($1,002.60) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures declined on Thursday, as improved weather in key producing regions raised output expectations and weaker U.S. manufacturing activity dampened sentiment.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: was down 2.8 yen, or 0.88%, at 317.1 yen ($2.16) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
August 7 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,843.70 | 73.30 | NZX 50 | 12,880.16 | 3.12 |
DJIA | 44,193.12 | 81.38 | NIKKEI | 40,794.86 | 245.32 |
Nasdaq | 21,163.35 | 246.80 | FTSE | 9,164.31 | 21.58 |
S&P 500 | 6,345.06 | 45.87 | Hang Seng | 24,910.63 | 8.10 |
SPI 200 Fut | 8,779 | -27 | STI | 4227.7 | 19.12 |
SSEC | 3,633.99 | 16.40 | KOSPI | 3,198.14 | 0.14 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.4990 | 0.0060 | KR 10 YR Bond | 2.78 | 0.014 |
AU 10 YR Bond | 4.2600 | 0.0080 | US 10 YR Bond | 4.2355 | 0.039 |
NZ 10 YR Bond | 4.4760 | 0.0010 | US 30 YR Bond | 4.8332 | 0.064 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2852 | -0.0017 | KRW US$ | 1,384.400 | -2.23 |
AUD US$ | 0.6503 | 0.0034 | NZD US$ | 0.5932 | 0.0031 |
EUR US$ | 1.1653 | 0.0079 | Yen US$ | 147.2300 | -0.37 |
THB US$ | 32.3300 | -0.01 | PHP US$ | 57.3200 | -0.19 |
IDR US$ | 16,355 | -20 | INR US$ | 87.7000 | -0.102 |
MYR US$ | 4.2270 | 0.002 | TWD US$ | 29.9900 | 0.063 |
CNY US$ | 7.1836 | 0.0002 | HKD US$ | 7.8499 | 0.0001 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,370.2 | -10.5319 | Silver (Lon) | 37.8061 | -0.0289 |
U.S. Gold Fut | 3,432.6 | -2.1 | Brent Crude | 66.61 | -1.03 |
Iron Ore | CNY794.5 | -4.00 | TRJCRB Index | -- | -- |
TOCOM Rubber | JPY318 | -1.9 | LME Copper | 9,635 | -52.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 20:24 GMT
EQUITIES
GLOBAL - Wall Street indexes gained on largely upbeat corporate earnings, and U.S. yields also rose on Wednesday, while European shares closed flat and broke a two-day winning streak.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.72% to 933.94.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - U.S. stocks ended higher on Wednesday, led by a more than 1% gain in the Nasdaq, as Apple shares climbed after news of its plans to announce a domestic manufacturing pledge, and as the latest batch of corporate reports was mostly upbeat.
According to preliminary data, the S&P 500 .SPX gained 46.06 points, or 0.72%, to end at 6,344.67 points, while the Nasdaq Composite .IXIC gained 251.97 points, or 1.21%, to 21,168.52. The Dow Jones Industrial Average .DJI rose 79.42 points, or 0.18%, to 44,191.16.
For a full report, click on .N
- - - -
LONDON - European shares closed flat on Wednesday, surrendering early session gains, as healthcare stocks felt the pinch from U.S. President Donald Trump's latest threat to impose higher tariffs on pharmaceutical imports.
The pan-European STOXX 600 .STOXX index closed 0.06% lower, breaking its two-day winning streak despite starting the session on a positive note.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average gained on Wednesday, as concerns about the U.S. economy receded, prompting investors to continue buying cheap stocks after a heavy sell-off earlier this week.
The Nikkei .N225 rose 0.6% to end the day at 40,794.86.
For a full report, click on .T
- - - -
SHANGHAI - The Shanghai benchmark advanced to its highest close in more than 3-1/2 years on Wednesday, underpinned by market hopes for an extended trade truce between the United States and China to reach a final deal.
The blue-chip CSI300 index .CSI300 was up 0.24%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares were likely to slip from their record closing level on Thursday, potentially weighed down by miners and energy stocks due to lower underlying commodity prices, while investors remained on the edge about health of the broader economy.
The local share price index futures YAPcm1 rose 0.3% higher, a 64.7-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.8% on Wednesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended flat on Wednesday, as tourism stocks rallied after the government announced a visa-free offer for Chinese tourists, offsetting losses in chip and pharmaceutical stocks amid U.S. tariff threats.
The benchmark KOSPI .KS11 closed up 0.14 points, or by less than 0.01%, at 3,198.14, after falling as much as 0.67% during the session.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar dropped on Wednesday and the euro hit a one-week high as traders bet that the Federal Reserve will cut rates more times than previously expected this year, following weaker than expected jobs data for July.
The dollar index =USD was last down 0.56% on the day at 98.18, the lowest since July 28. It posted a 1.35% drop on Friday, the largest one day fall since April.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan softened against a steady U.S. dollar on Wednesday, trading in tight ranges as investors awaited key trade data and monitored Sino-U.S. trade developments for direction.
The spot yuan CNY=CFXS opened at 7.1898 per dollar and was last trading at 7.1895, 61 pips lower than the previous close and 0.68% weaker than the midpoint.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars inched further away from multi-week lows on Wednesday as their U.S. counterpart struggled with swelling rate-cut wagers, while the kiwi found support in jobs data that were no worse than expected.
The Aussie firmed 0.1% to $0.6476 AUD=D3, nudging further away from a five-week low of $0.6419 hit last Friday. Resistance lies around $0.6493 and $0.6530.
For a full report, click on AUD/
- - - -
SEOUL - South Korean shares ended flat on Wednesday, as tourism stocks rallied after the government announced a visa-free offer for Chinese tourists, offsetting losses in chip and pharmaceutical stocks amid U.S. tariff threats.
The won was quoted at 1,389.7 per dollar on the onshore settlement platform KRW=KFTC, 0.24% lower than its previous close at 1,386.3.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Longer-dated U.S. Treasury yields were higher on Wednesday, after a weak auction of 10-year notes by the Treasury, while the market awaits President Donald Trump's choice to fill a slot on the Federal Reserve's Board of Governors.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB rose 2.8 basis points to 4.224% and was poised to snap a four-session streak of declines.
For a full report, click on US/
- - - -
LONDON - Benchmark 10-year euro zone bond yields rose on Wednesday after four days of falls, taking cues from U.S. Treasuries, while traders continued to price in a 90% chance of a European Central Bank rate cut by March 2026.
Germany's 10-year bond yield DE10YT=RR rose 2.5 basis points (bps) to 2.65%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds fell on Wednesday, with benchmark futures snapping a seven-session win streak, as traders took cues from a retreat in short-term U.S. Treasuries overnight.
Benchmark 10-year JGB futures 2JGBv1 slid 0.27 yen to close at 138.60 yen, ending the longest string of gains since June 2023.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices eased on Wednesday as investors booked profits after prices hit a near two-week high in the previous session, while the market's focus shifted to U.S. President Donald Trump's upcoming Federal Reserve nominations.
Spot gold XAU= fell 0.2% to $3,373.59 per ounce by 02.00 p.m. ET (1800 GMT).
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures ticked down on Wednesday, as concerns of demand languishing in coming weeks in top consumer China and some investors liquidating positions to shift their focus to coking coal weighed.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade down 0.06% at 794.5 yuan ($110.52) a ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices rose on Wednesday, supported by hopes for U.S. interest rate cuts and persistent supply concerns following the suspension of a mine in leading producer Chile.
Three-month copper on the London Metal Exchange CMCU3 rose 0.5% to $9,687 per metric ton by 1610 GMT after slipping by 0.6% in the previous session.
For a full report, click on MET/L
- - - -
OIL - Oil prices slid about 1% to an eight-week low on Wednesday after U.S. President Donald Trump's remarks about progress in talks with Moscow created uncertainty on whether the U.S. would impose new sanctions on Russia.
Brent crude futures LCOc1 fell 75 cents, or 1.1%, to settle at $66.89 a barrel, while U.S. West Texas Intermediate crude CLc1 dropped 81 cents, or 1.2%, to settle at $64.35.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures fell on Wednesday as sluggish demand from key markets pressured prices, although gains in Dalian soyoil helped cap losses.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange slid 23 ringgit, or 0.54%, to 4,267 ringgit ($1,009.46) a metric ton at the close. The contract rose 2.46% on Tuesday.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures fell on Wednesday on easing supply concerns as the weather in key producing regions in Southeast Asia improved, though a robust outlook for China's car sales capped losses.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: lost 2.9 yen, or 0.9%, to 319.9 yen ($2.17) per kg
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
August 7 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,843.70 | 73.30 | NZX 50 | 12,880.16 | 3.12 |
DJIA | 44,193.12 | 81.38 | NIKKEI | 40,794.86 | 245.32 |
Nasdaq | 21,163.35 | 246.80 | FTSE | 9,164.31 | 21.58 |
S&P 500 | 6,345.06 | 45.87 | Hang Seng | 24,910.63 | 8.10 |
SPI 200 Fut | 8,779 | -27 | STI | 4227.7 | 19.12 |
SSEC | 3,633.99 | 16.40 | KOSPI | 3,198.14 | 0.14 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.4990 | 0.0060 | KR 10 YR Bond | 2.78 | 0.014 |
AU 10 YR Bond | 4.2600 | 0.0080 | US 10 YR Bond | 4.2355 | 0.039 |
NZ 10 YR Bond | 4.4760 | 0.0010 | US 30 YR Bond | 4.8332 | 0.064 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2852 | -0.0017 | KRW US$ | 1,384.400 | -2.23 |
AUD US$ | 0.6503 | 0.0034 | NZD US$ | 0.5932 | 0.0031 |
EUR US$ | 1.1653 | 0.0079 | Yen US$ | 147.2300 | -0.37 |
THB US$ | 32.3300 | -0.01 | PHP US$ | 57.3200 | -0.19 |
IDR US$ | 16,355 | -20 | INR US$ | 87.7000 | -0.102 |
MYR US$ | 4.2270 | 0.002 | TWD US$ | 29.9900 | 0.063 |
CNY US$ | 7.1836 | 0.0002 | HKD US$ | 7.8499 | 0.0001 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,370.2 | -10.5319 | Silver (Lon) | 37.8061 | -0.0289 |
U.S. Gold Fut | 3,432.6 | -2.1 | Brent Crude | 66.61 | -1.03 |
Iron Ore | CNY794.5 | -4.00 | TRJCRB Index | -- | -- |
TOCOM Rubber | JPY318 | -1.9 | LME Copper | 9,635 | -52.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 20:24 GMT
EQUITIES
GLOBAL - Wall Street indexes gained on largely upbeat corporate earnings, and U.S. yields also rose on Wednesday, while European shares closed flat and broke a two-day winning streak.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.72% to 933.94.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - U.S. stocks ended higher on Wednesday, led by a more than 1% gain in the Nasdaq, as Apple shares climbed after news of its plans to announce a domestic manufacturing pledge, and as the latest batch of corporate reports was mostly upbeat.
According to preliminary data, the S&P 500 .SPX gained 46.06 points, or 0.72%, to end at 6,344.67 points, while the Nasdaq Composite .IXIC gained 251.97 points, or 1.21%, to 21,168.52. The Dow Jones Industrial Average .DJI rose 79.42 points, or 0.18%, to 44,191.16.
For a full report, click on .N
- - - -
LONDON - European shares closed flat on Wednesday, surrendering early session gains, as healthcare stocks felt the pinch from U.S. President Donald Trump's latest threat to impose higher tariffs on pharmaceutical imports.
The pan-European STOXX 600 .STOXX index closed 0.06% lower, breaking its two-day winning streak despite starting the session on a positive note.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average gained on Wednesday, as concerns about the U.S. economy receded, prompting investors to continue buying cheap stocks after a heavy sell-off earlier this week.
The Nikkei .N225 rose 0.6% to end the day at 40,794.86.
For a full report, click on .T
- - - -
SHANGHAI - The Shanghai benchmark advanced to its highest close in more than 3-1/2 years on Wednesday, underpinned by market hopes for an extended trade truce between the United States and China to reach a final deal.
The blue-chip CSI300 index .CSI300 was up 0.24%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares were likely to slip from their record closing level on Thursday, potentially weighed down by miners and energy stocks due to lower underlying commodity prices, while investors remained on the edge about health of the broader economy.
The local share price index futures YAPcm1 rose 0.3% higher, a 64.7-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.8% on Wednesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended flat on Wednesday, as tourism stocks rallied after the government announced a visa-free offer for Chinese tourists, offsetting losses in chip and pharmaceutical stocks amid U.S. tariff threats.
The benchmark KOSPI .KS11 closed up 0.14 points, or by less than 0.01%, at 3,198.14, after falling as much as 0.67% during the session.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar dropped on Wednesday and the euro hit a one-week high as traders bet that the Federal Reserve will cut rates more times than previously expected this year, following weaker than expected jobs data for July.
The dollar index =USD was last down 0.56% on the day at 98.18, the lowest since July 28. It posted a 1.35% drop on Friday, the largest one day fall since April.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan softened against a steady U.S. dollar on Wednesday, trading in tight ranges as investors awaited key trade data and monitored Sino-U.S. trade developments for direction.
The spot yuan CNY=CFXS opened at 7.1898 per dollar and was last trading at 7.1895, 61 pips lower than the previous close and 0.68% weaker than the midpoint.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars inched further away from multi-week lows on Wednesday as their U.S. counterpart struggled with swelling rate-cut wagers, while the kiwi found support in jobs data that were no worse than expected.
The Aussie firmed 0.1% to $0.6476 AUD=D3, nudging further away from a five-week low of $0.6419 hit last Friday. Resistance lies around $0.6493 and $0.6530.
For a full report, click on AUD/
- - - -
SEOUL - South Korean shares ended flat on Wednesday, as tourism stocks rallied after the government announced a visa-free offer for Chinese tourists, offsetting losses in chip and pharmaceutical stocks amid U.S. tariff threats.
The won was quoted at 1,389.7 per dollar on the onshore settlement platform KRW=KFTC, 0.24% lower than its previous close at 1,386.3.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - Longer-dated U.S. Treasury yields were higher on Wednesday, after a weak auction of 10-year notes by the Treasury, while the market awaits President Donald Trump's choice to fill a slot on the Federal Reserve's Board of Governors.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB rose 2.8 basis points to 4.224% and was poised to snap a four-session streak of declines.
For a full report, click on US/
- - - -
LONDON - Benchmark 10-year euro zone bond yields rose on Wednesday after four days of falls, taking cues from U.S. Treasuries, while traders continued to price in a 90% chance of a European Central Bank rate cut by March 2026.
Germany's 10-year bond yield DE10YT=RR rose 2.5 basis points (bps) to 2.65%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds fell on Wednesday, with benchmark futures snapping a seven-session win streak, as traders took cues from a retreat in short-term U.S. Treasuries overnight.
Benchmark 10-year JGB futures 2JGBv1 slid 0.27 yen to close at 138.60 yen, ending the longest string of gains since June 2023.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices eased on Wednesday as investors booked profits after prices hit a near two-week high in the previous session, while the market's focus shifted to U.S. President Donald Trump's upcoming Federal Reserve nominations.
Spot gold XAU= fell 0.2% to $3,373.59 per ounce by 02.00 p.m. ET (1800 GMT).
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures ticked down on Wednesday, as concerns of demand languishing in coming weeks in top consumer China and some investors liquidating positions to shift their focus to coking coal weighed.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade down 0.06% at 794.5 yuan ($110.52) a ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices rose on Wednesday, supported by hopes for U.S. interest rate cuts and persistent supply concerns following the suspension of a mine in leading producer Chile.
Three-month copper on the London Metal Exchange CMCU3 rose 0.5% to $9,687 per metric ton by 1610 GMT after slipping by 0.6% in the previous session.
For a full report, click on MET/L
- - - -
OIL - Oil prices slid about 1% to an eight-week low on Wednesday after U.S. President Donald Trump's remarks about progress in talks with Moscow created uncertainty on whether the U.S. would impose new sanctions on Russia.
Brent crude futures LCOc1 fell 75 cents, or 1.1%, to settle at $66.89 a barrel, while U.S. West Texas Intermediate crude CLc1 dropped 81 cents, or 1.2%, to settle at $64.35.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures fell on Wednesday as sluggish demand from key markets pressured prices, although gains in Dalian soyoil helped cap losses.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange slid 23 ringgit, or 0.54%, to 4,267 ringgit ($1,009.46) a metric ton at the close. The contract rose 2.46% on Tuesday.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures fell on Wednesday on easing supply concerns as the weather in key producing regions in Southeast Asia improved, though a robust outlook for China's car sales capped losses.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: lost 2.9 yen, or 0.9%, to 319.9 yen ($2.17) per kg
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
Aug 6 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,770.4 | 106.70 | NZX 50 | 12877.04 | 193.00 |
DJIA | 44,111.74 | -61.90 | NIKKEI | 40,549.54 | 258.84 |
Nasdaq | 20,916.55 | -137.03 | FTSE | 9,142.73 | 14.43 |
S&P 500 | 6,299.19 | -30.75 | Hang Seng | 24,902.53 | 169.08 |
SPI 200 Fut | 8,744.00 | 14 | STI | 4208.58 | 11.35 |
SSEC | 3,617.60 | 34.29 | KOSPI | 3,198 | 0.00 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.4740 | 0.0000 | KR 10 YR Bond | 2.766 | -0.014 |
AU 10 YR Bond | 4.2080 | -0.0090 | US 10 YR Bond | 4.2021 | 0.004 |
NZ 10 YR Bond | 4.4420 | -0.0030 | US 30 YR Bond | 4.7723 | -0.023 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2876 | -0.0004 | KRW US$ | 1,386.820 | 1.49 |
AUD US$ | 0.6469 | 0.00019 | NZD US$ | 0.5892 | -0.0015 |
EUR US$ | 1.1572 | 0.0002 | Yen US$ | 147.5700 | 0.49 |
THB US$ | 32.3400 | -0.01 | PHP US$ | 57.5100 | 0.194 |
IDR US$ | 16,375 | -10 | INR US$ | 87.8020 | 0.132 |
MYR US$ | 4.2250 | -0.01 | TWD US$ | 29.9270 | 0.009 |
CNY US$ | 7.1834 | 0.0034 | HKD US$ | 7.8497 | 0 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,379.00 | 6.9961 | Silver (Lon) | 37.8266 | 0.4369 |
U.S. Gold Fut | 3434.9 | 8.5 | Brent Crude | 67.65 | -1.11 |
Iron Ore | CNY798.5 | 8 | TRJCRB Index | -- | -- |
TOCOM Rubber | JPY316 | -6.8 | LME Copper | 9,698 | 67.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 2044 GMT
EQUITIES
GLOBAL - Wall Street stock indexes fell on Tuesday, under pressure from weaker than expected U.S. economic data, as equities in Europe and Asia notched gains.
U.S. services sector activity unexpectedly flatlined in July with little change in orders and a further weakening in employment even as input costs climbed by the most in nearly three years, highlighting the uncertainty over the impact of Trump's tariff policy on businesses.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - U.S. stocks ended lower on Tuesday as investors weighed the impact of tariffs after Yum Brands YUM.N and other companies cited trade duties in their results or outlooks.
According to preliminary data, the S&P 500 .SPX lost 30.75 points, or 0.49%, to end at 6,299.19 points, while the Nasdaq Composite .IXIC lost 136.92 points, or 0.65%, to 20,916.66. The Dow Jones Industrial Average .DJI fell 61.56 points, or 0.14%, to 44,112.08.
For a full report, click on .N
- - - -
LONDON - European shares closed higher on Tuesday, buoyed by better-than-expected corporate earnings and renewed optimism that the Federal Reserve may cut interest rates next month.
The pan-European STOXX 600 index .STOXX edged up 0.15%, with most regional bourses also trading in the green.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average ended higher on Tuesday, tracking Wall Street's strong finish overnight, while losses in chip-related stocks capped gains.
The Nikkei .N225 snapped two straight sessions of losses to end 0.64% higher at 40,549.54.
For a full report, click on .T
- - - -
SHANGHAI - China and Hong Kong stocks climbed for a second consecutive session on Tuesday, recovering from steep losses last week, as investor sentiments improved after a private-sector survey showed strong recovery in China's services activity in July.
The blue-chip CSI300 index .CSI300 was up 0.8%, while Hong Kong benchmark Hang Seng .HSI advanced 0.68%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares are likely to inch higher at open, with possible gains in miners outweighing likely losses in energy stocks, while local investors firm bets for a potential rate cut next week by the Reserve Bank of Australia.
The local share price index futures YAPcm1 edged 0.2% higher, a 24.4-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark ended at a record close on Tuesday, up 1.2%.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares posted their biggest daily gain in nearly a month on Tuesday, as U.S. rate cut hopes fuelled risk appetite across global financial markets.
The benchmark KOSPI .KS11 closed up 50.25 points, or 1.60%, at 3,198.00, marking its biggest percentage rise since July 8.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar rose against most currencies on Tuesday, but remained within striking distance of Friday’s lows, with the market still in consolidation mode.
The euro EUR=EBS was last down 0.2% against the dollar at $1.1553. That pushed the dollar index =USD, which measures the U.S. currency against six counterparts with the euro as the biggest component, up 0.30% at 98.88, after touching a one-week low earlier in the session at 98.609.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan was little changed against the U.S. dollar on Tuesday following upbeat domestic economic data, as markets remained watchful of trade tensions.
By 0517 GMT, the yuan CNY=CFXS was 0.03% lower at 7.1820 to the dollar after rebounding from 2-month low in previous session.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian dollar slipped on Tuesday as soft local data underscored market wagers for a rate cut next week, while the kiwi braced for a jobs report that may highlight the weakness in the economy.
The Aussie AUD=D3 slipped 0.1% at $0.6460, after easing 0.1% overnight. It is back in the recent trading range of between 64 cents and 66 cents, with the break higher to $0.6625 proving to be a false one.
For a full report, click on AUD/
- - - -
SEOUL - South Korean shares posted their biggest daily gain in nearly a month on Tuesday, as U.S. rate cut hopes fuelled risk appetite across global financial markets.
The won was quoted at 1,388.3 per dollar on the onshore settlement platform KRW=KFTC, 0.13% lower than its previous close at 1,386.5.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields were mostly higher on Tuesday following three straight days of declines, but eased from earlier levels after data showed stalling activity in the services sector.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB was up 0.8 basis point to 4.206% after rising as high as 4.226% on the session.
For a full report, click on US/
- - - -
LONDON - Euro zone bond yields inched lower on Tuesday with the gap between Italian yields and those of Germany and France at around its narrowest in years, as traders digested business activity data from Europe and the U.S.
Italy's 10-year yield was down around 2 bps at 3.45%. After its 7-basis-point drop on Monday, the difference between it and the German yield was at 83 bps - around the tightest since 2010. IT10YT=RR, DE10IT10=RR
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds (JGBs) rose on Tuesday as investors bought the debt to cover short positions after prices rose sharply in the previous session.
The two-year JGB yield JP2YTN=JBTC fell 1 bp to 0.75%. The five-year yield JP5YTN=JBTC fell 2 bps to 1.005%.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices climbed to a near two-week high on Tuesday, supported by growing expectations of U.S. interest rate cuts, while investors awaited President Donald Trump’s decision on Federal Reserve appointments.
Spot gold XAU= was up 0.3% at $3,382.88 per ounce by 1222 p.m. ET (1622 GMT), after hitting its highest level since July 24 earlier.
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures climbed on Tuesday to a near one-week high, aided by resilient near-term demand in top consumer China.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 1.2% higher at 798.5 yuan ($111.13) a metric ton, the highest level since July 30.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices eased slightly on Tuesday after data showed stocks had risen on the London Metal Exchange, while expectations of rate cuts in the United States and concern about possible disruption of supplies from Chile limited selling.
Benchmark copper CMCU3 on the LME traded 0.5% lower at $9,641 a metric ton by 1600 GMT from an earlier session high at $9,747.5 a ton.
For a full report, click on MET/L
- - - -
OIL - Oil prices slipped on Tuesday as rising OPEC+ supply and worries of weaker global demand countered concern about U.S. President Donald Trump's threats to India over its Russian oil purchases.
Brent crude futures LCOc1 settled $1.12, or 1.63%, lower to $67.64 a barrel, while U.S. West Texas Intermediate crude CLc1 slipped $1.13, or 1.7%, to $65.16. Both benchmarks settled to their lowest in five weeks.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures settled higher on Tuesday, supported by bargain buying and stronger Dalian palm olein, while traders expect improved export data for the first half of August.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange was up 103 ringgit, or 2.46%, at 4,290 ringgit ($1,015.38) a metric ton at the close. The contract fell 1.37% in the previous session.
For a full report, click on POI/
- - - -
RUBBER - apanese rubber futures advanced on Tuesday, supported by weather concerns in top producer Thailand and firm downstream demand, although continued global trade tensions capped further gains.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: was up 6.3 yen, or 1.99%, at 322.8 yen ($2.19) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Aug 6 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,770.4 | 106.70 | NZX 50 | 12877.04 | 193.00 |
DJIA | 44,111.74 | -61.90 | NIKKEI | 40,549.54 | 258.84 |
Nasdaq | 20,916.55 | -137.03 | FTSE | 9,142.73 | 14.43 |
S&P 500 | 6,299.19 | -30.75 | Hang Seng | 24,902.53 | 169.08 |
SPI 200 Fut | 8,744.00 | 14 | STI | 4208.58 | 11.35 |
SSEC | 3,617.60 | 34.29 | KOSPI | 3,198 | 0.00 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.4740 | 0.0000 | KR 10 YR Bond | 2.766 | -0.014 |
AU 10 YR Bond | 4.2080 | -0.0090 | US 10 YR Bond | 4.2021 | 0.004 |
NZ 10 YR Bond | 4.4420 | -0.0030 | US 30 YR Bond | 4.7723 | -0.023 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2876 | -0.0004 | KRW US$ | 1,386.820 | 1.49 |
AUD US$ | 0.6469 | 0.00019 | NZD US$ | 0.5892 | -0.0015 |
EUR US$ | 1.1572 | 0.0002 | Yen US$ | 147.5700 | 0.49 |
THB US$ | 32.3400 | -0.01 | PHP US$ | 57.5100 | 0.194 |
IDR US$ | 16,375 | -10 | INR US$ | 87.8020 | 0.132 |
MYR US$ | 4.2250 | -0.01 | TWD US$ | 29.9270 | 0.009 |
CNY US$ | 7.1834 | 0.0034 | HKD US$ | 7.8497 | 0 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,379.00 | 6.9961 | Silver (Lon) | 37.8266 | 0.4369 |
U.S. Gold Fut | 3434.9 | 8.5 | Brent Crude | 67.65 | -1.11 |
Iron Ore | CNY798.5 | 8 | TRJCRB Index | -- | -- |
TOCOM Rubber | JPY316 | -6.8 | LME Copper | 9,698 | 67.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 2044 GMT
EQUITIES
GLOBAL - Wall Street stock indexes fell on Tuesday, under pressure from weaker than expected U.S. economic data, as equities in Europe and Asia notched gains.
U.S. services sector activity unexpectedly flatlined in July with little change in orders and a further weakening in employment even as input costs climbed by the most in nearly three years, highlighting the uncertainty over the impact of Trump's tariff policy on businesses.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - U.S. stocks ended lower on Tuesday as investors weighed the impact of tariffs after Yum Brands YUM.N and other companies cited trade duties in their results or outlooks.
According to preliminary data, the S&P 500 .SPX lost 30.75 points, or 0.49%, to end at 6,299.19 points, while the Nasdaq Composite .IXIC lost 136.92 points, or 0.65%, to 20,916.66. The Dow Jones Industrial Average .DJI fell 61.56 points, or 0.14%, to 44,112.08.
For a full report, click on .N
- - - -
LONDON - European shares closed higher on Tuesday, buoyed by better-than-expected corporate earnings and renewed optimism that the Federal Reserve may cut interest rates next month.
The pan-European STOXX 600 index .STOXX edged up 0.15%, with most regional bourses also trading in the green.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average ended higher on Tuesday, tracking Wall Street's strong finish overnight, while losses in chip-related stocks capped gains.
The Nikkei .N225 snapped two straight sessions of losses to end 0.64% higher at 40,549.54.
For a full report, click on .T
- - - -
SHANGHAI - China and Hong Kong stocks climbed for a second consecutive session on Tuesday, recovering from steep losses last week, as investor sentiments improved after a private-sector survey showed strong recovery in China's services activity in July.
The blue-chip CSI300 index .CSI300 was up 0.8%, while Hong Kong benchmark Hang Seng .HSI advanced 0.68%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares are likely to inch higher at open, with possible gains in miners outweighing likely losses in energy stocks, while local investors firm bets for a potential rate cut next week by the Reserve Bank of Australia.
The local share price index futures YAPcm1 edged 0.2% higher, a 24.4-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark ended at a record close on Tuesday, up 1.2%.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares posted their biggest daily gain in nearly a month on Tuesday, as U.S. rate cut hopes fuelled risk appetite across global financial markets.
The benchmark KOSPI .KS11 closed up 50.25 points, or 1.60%, at 3,198.00, marking its biggest percentage rise since July 8.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The U.S. dollar rose against most currencies on Tuesday, but remained within striking distance of Friday’s lows, with the market still in consolidation mode.
The euro EUR=EBS was last down 0.2% against the dollar at $1.1553. That pushed the dollar index =USD, which measures the U.S. currency against six counterparts with the euro as the biggest component, up 0.30% at 98.88, after touching a one-week low earlier in the session at 98.609.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan was little changed against the U.S. dollar on Tuesday following upbeat domestic economic data, as markets remained watchful of trade tensions.
By 0517 GMT, the yuan CNY=CFXS was 0.03% lower at 7.1820 to the dollar after rebounding from 2-month low in previous session.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian dollar slipped on Tuesday as soft local data underscored market wagers for a rate cut next week, while the kiwi braced for a jobs report that may highlight the weakness in the economy.
The Aussie AUD=D3 slipped 0.1% at $0.6460, after easing 0.1% overnight. It is back in the recent trading range of between 64 cents and 66 cents, with the break higher to $0.6625 proving to be a false one.
For a full report, click on AUD/
- - - -
SEOUL - South Korean shares posted their biggest daily gain in nearly a month on Tuesday, as U.S. rate cut hopes fuelled risk appetite across global financial markets.
The won was quoted at 1,388.3 per dollar on the onshore settlement platform KRW=KFTC, 0.13% lower than its previous close at 1,386.5.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields were mostly higher on Tuesday following three straight days of declines, but eased from earlier levels after data showed stalling activity in the services sector.
The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB was up 0.8 basis point to 4.206% after rising as high as 4.226% on the session.
For a full report, click on US/
- - - -
LONDON - Euro zone bond yields inched lower on Tuesday with the gap between Italian yields and those of Germany and France at around its narrowest in years, as traders digested business activity data from Europe and the U.S.
Italy's 10-year yield was down around 2 bps at 3.45%. After its 7-basis-point drop on Monday, the difference between it and the German yield was at 83 bps - around the tightest since 2010. IT10YT=RR, DE10IT10=RR
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds (JGBs) rose on Tuesday as investors bought the debt to cover short positions after prices rose sharply in the previous session.
The two-year JGB yield JP2YTN=JBTC fell 1 bp to 0.75%. The five-year yield JP5YTN=JBTC fell 2 bps to 1.005%.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices climbed to a near two-week high on Tuesday, supported by growing expectations of U.S. interest rate cuts, while investors awaited President Donald Trump’s decision on Federal Reserve appointments.
Spot gold XAU= was up 0.3% at $3,382.88 per ounce by 1222 p.m. ET (1622 GMT), after hitting its highest level since July 24 earlier.
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures climbed on Tuesday to a near one-week high, aided by resilient near-term demand in top consumer China.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 1.2% higher at 798.5 yuan ($111.13) a metric ton, the highest level since July 30.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices eased slightly on Tuesday after data showed stocks had risen on the London Metal Exchange, while expectations of rate cuts in the United States and concern about possible disruption of supplies from Chile limited selling.
Benchmark copper CMCU3 on the LME traded 0.5% lower at $9,641 a metric ton by 1600 GMT from an earlier session high at $9,747.5 a ton.
For a full report, click on MET/L
- - - -
OIL - Oil prices slipped on Tuesday as rising OPEC+ supply and worries of weaker global demand countered concern about U.S. President Donald Trump's threats to India over its Russian oil purchases.
Brent crude futures LCOc1 settled $1.12, or 1.63%, lower to $67.64 a barrel, while U.S. West Texas Intermediate crude CLc1 slipped $1.13, or 1.7%, to $65.16. Both benchmarks settled to their lowest in five weeks.
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures settled higher on Tuesday, supported by bargain buying and stronger Dalian palm olein, while traders expect improved export data for the first half of August.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange was up 103 ringgit, or 2.46%, at 4,290 ringgit ($1,015.38) a metric ton at the close. The contract fell 1.37% in the previous session.
For a full report, click on POI/
- - - -
RUBBER - apanese rubber futures advanced on Tuesday, supported by weather concerns in top producer Thailand and firm downstream demand, although continued global trade tensions capped further gains.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: was up 6.3 yen, or 1.99%, at 322.8 yen ($2.19) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
July 29 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,704.60 | 6.90 | NZX 50 | 12,936.41 | 25.67 |
DJIA | 44,614.85 | −222.71 | NIKKEI | 40,674.55 | −323.72 |
Nasdaq | 21,142.68 | -35.91 | FTSE | 9,136.32 | 54.88 |
S&P 500 | 6,373.35 | −16.42 | Hang Seng | 25,524.45 | -37.68 |
SPI 200 Fut | 8,659.00 | 52.0 | STI | 4,229.410 | -11.73 |
SSEC | 3,609.71 | 11.77 | KOSPI | 3,230.57 | 21.05 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.5700 | 0.0100 | KR 10 YR Bond | 2.832 | -0.029 |
AU 10 YR Bond | 4.3060 | -0.0320 | US 10 YR Bond | 4.3362 | -0.084 |
NZ 10 YR Bond | 4.5850 | 0.0000 | US 30 YR Bond | 4.8755 | -0.089 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2881 | 0.0014 | KRW US$ | 1,389.500 | 0.08 |
AUD US$ | 0.6513 | -0.0008 | NZD US$ | 0.5952 | -0.0017 |
EUR US$ | 1.1541 | -0.0047 | Yen US$ | 148.5000 | -0.03 |
THB US$ | 32.3600 | -0.13 | PHP US$ | 57.3600 | 0.224 |
IDR US$ | 16,390 | 55 | INR US$ | 87.0810 | 0.412 |
MYR US$ | 4.2310 | 0.003 | TWD US$ | 29.7060 | 0.183 |
CNY US$ | 7.1774 | -0.0013 | HKD US$ | 7.8499 | 0.0003 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,329.47 | 19.02 | Silver (Lon) | 38.1833 | 0.01 |
U.S. Gold Fut | 3,324 | 123 | Brent Crude | 72.29 | 6.89 |
Iron Ore | 798 | 12 | TRJCRB Index | - | - |
TOCOM Rubber | 323 | 1.1 | LME Copper | 9,763 | -7 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1830 GMT
EQUITIES
GLOBAL - Wall Street indexes fell modestly while European equities advanced as U.S. investors awaited earnings reports from megacap companies and the Federal Reserve's next policy decision, due on Wednesday.
MSCI's gauge of stocks around the world .MIWD00000PUS fell 1.97 points, or 0.21%, to 937.40.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The S&P 500 and the Nasdaq slipped from record highs on Tuesday as a series of downbeat earnings weighed on the indexes, while investors looked ahead to the U.S. Federal Reserve's policy meeting later in the day.
At 11:36 a.m. ET, the S&P 500 .SPX lost 14.45 points, or 0.23%, to 6,374.98, and the Nasdaq Composite .IXIC lost 58.64 points, or 0.28%, to 21,119.59.
For a full report, click on .N
- - - -
LONDON - European stocks closed higher on Tuesday, buoyed by financials and defence stocks, though Danish stocks logged their biggest one-day drop of the year as Novo Nordisk's shares slid after the weight-loss drug maker issued a profit warning.
More broadly the pan-European STOXX 600 index .STOXX finished 0.3% higher.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average ended lower for a third straight session on Tuesday, as concerns over the domestic corporate outlook led investors to lock in profits from a recent rally.
The Nikkei .N225 fell 0.79% to 40,674.55.
For a full report, click on .T
- - - -
SHANGHAI - China stocks ended higher on Tuesdayas a new round of Sino-U.S. trade talks continued, while the Hong Kong benchmark declined with some investors booking profits near the month-end.
China's blue-chip CSI300 Index .CSI300 and the Shanghai Composite Index .SSEC reversed morning session's losses, closing up 0.39% and 0.33%, respectively.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares finished Tuesday little changed as investors scrutinized the long-term economic impact of elevated trade barriers, even as countries edged towards tariff deals with the United States.
The S&P/ASX 200 benchmark index .AXJO closed 0.1% higher at 8,704.60 points, after losing 0.6% earlier in the session.
For a full report, click on .AX
- - - -
SEOUL - South Korean benchmark rose on Tuesday to their highest level in four years, as optimism grew around U.S. trade negotiations ahead of an August 1 deadline for higher tariffs.
The benchmark KOSPI .KS11 ended the session up 21.05 points, or 0.66%, at 3,230.57, its highest closing level since August 10, 2021.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar hit a one-month high versus the euro on Tuesday in the wake of a string of trade agreements between the United States and its major trade partners, while markets await interest rate decisions from the Federal Reserve and the Bank of Japan.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.30% to 98.91, hitting its highest level since June 23. The index is set to record its first month of gains this year.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan touched a fresh one-week low against the dollar on Tuesday, pressured by the US currency's broad strength overseas after the US-EU trade deal, while investors anxiously await the outcome of trade talks between Beijing and Washington.
The onshore yuan CNY=CFXS slipped to a low of 7.1794 per dollar, its weakest since July 21, before changing hands at 7.1768 by 0355 GMT.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars steadied on Tuesday, having tumbled overnight on worries that President Donald Trump's new trade deal with Europe could weigh on economic growth there, sending the euro sharply lower.
The Aussie AUD=D3 was little changed at $0.6520, having dropped 0.7% overnight to as low as $0.6513. It is now some distance away from a nearly 9-month top of $0.6625, but has support at 65 cents.
For a full report, click on AUD/
- - - -
SEOUL - South Korean benchmark rose on Tuesday to their highest level in four years, as optimism grew around U.S. trade negotiations ahead of an August 1 deadline for higher tariffs.
The won was quoted at 1,393.5 per dollar on the onshore settlement platform KRW=KFTC, 0.32% lower than its previous close at 1,389.1.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields slid across the board on Tuesday, reversing their rise in the previous session, following a less-than-stellar report on job openings for June and as market participants positioned ahead of Wednesday's Federal Reserve decision and a government announcement of its financing plans for this quarter.
In morning trading, the benchmark 10-year yield fell 6.4 basis points (bps) to 4.356% US10YT=RR.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields were steady on Tuesday as investors shifted focus toupcoming policy meetings of the Federal Reserve and the Bank of Japan, after the European Union and U.S. announced a trade agreement on Sunday.
Germany's 10-year government bond yield DE10YT=RR, the euro area’s benchmark, was little changed at 2.688%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japan's two-year government bonds rose on Tuesday after a strong auction outcome, as the market viewed the current yield level as attractive given the uncertainties regarding the Bank of Japan's rate hike path.
The two-year JGB yield JP2YTN=JBTC fell 2 basis points (bps) to 0.82%.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices edged higher on Tuesday as investors awaited the outcome of U.S.-China trade talks and the Federal Reserve's policy meeting.
Spot gold XAU= rose 0.4% to $3,327.69 per ounce, by 01:46 p.m. ET (1746 GMT). Prices hit their lowest point since July 9 on Monday after a framework trade deal between the United States and the European Union dampened safe-haven demand for the yellow metal.
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures prices held well over the key psychological level of $100 a metric ton on Tuesday, while investors closely monitored the renewed Sino-US trade talks for signs of progress.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 erased the morning's loss to end daytime trade 0.63% higher at 798 yuan ($111.17) a ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices were little changed on Tuesday as traders awaited the outcome of U.S. trade talks with Chile and China for clarity on a U.S. plan to impose a 50% import tariff on the metal from Friday.
The three-month copper contract CMCU3 on the London Metal Exchange was up 0.1% at $9,802.50 a metric ton by 1606 GMT, holding just above the 21-day moving average.
For a full report, click on MET/L
- - - -
OIL - Oil prices rose on Tuesday, extending the previous day's rally, on optimism that a trade war between the United States and its major trading partners was abating and as President Donald Trump ramped up pressure on Russia over its war in Ukraine.
Brent crude futures LCOc1 were up 95 cents, or 1.36%, at $70.99 a barrel at 12 p.m. EDT (1600 GMT), having touched their highest since June 23
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures closed higher on Tuesday, snapping two sessions of losses, as bargain buyers emerged and short-covering activity provided additional support.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange rose 12 ringgit, or 0.28%, to 4,254 ringgit ($1,005.44) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures fell on Tuesday, pressured by a stronger yen and prolonged price war in China's automobile sector, which continues to weigh on rubber prices.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: ended daytime trade down 4.1 yen, or 1.26%, at 321.9 yen ($2.17) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
July 29 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,704.60 | 6.90 | NZX 50 | 12,936.41 | 25.67 |
DJIA | 44,614.85 | −222.71 | NIKKEI | 40,674.55 | −323.72 |
Nasdaq | 21,142.68 | -35.91 | FTSE | 9,136.32 | 54.88 |
S&P 500 | 6,373.35 | −16.42 | Hang Seng | 25,524.45 | -37.68 |
SPI 200 Fut | 8,659.00 | 52.0 | STI | 4,229.410 | -11.73 |
SSEC | 3,609.71 | 11.77 | KOSPI | 3,230.57 | 21.05 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.5700 | 0.0100 | KR 10 YR Bond | 2.832 | -0.029 |
AU 10 YR Bond | 4.3060 | -0.0320 | US 10 YR Bond | 4.3362 | -0.084 |
NZ 10 YR Bond | 4.5850 | 0.0000 | US 30 YR Bond | 4.8755 | -0.089 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2881 | 0.0014 | KRW US$ | 1,389.500 | 0.08 |
AUD US$ | 0.6513 | -0.0008 | NZD US$ | 0.5952 | -0.0017 |
EUR US$ | 1.1541 | -0.0047 | Yen US$ | 148.5000 | -0.03 |
THB US$ | 32.3600 | -0.13 | PHP US$ | 57.3600 | 0.224 |
IDR US$ | 16,390 | 55 | INR US$ | 87.0810 | 0.412 |
MYR US$ | 4.2310 | 0.003 | TWD US$ | 29.7060 | 0.183 |
CNY US$ | 7.1774 | -0.0013 | HKD US$ | 7.8499 | 0.0003 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3,329.47 | 19.02 | Silver (Lon) | 38.1833 | 0.01 |
U.S. Gold Fut | 3,324 | 123 | Brent Crude | 72.29 | 6.89 |
Iron Ore | 798 | 12 | TRJCRB Index | - | - |
TOCOM Rubber | 323 | 1.1 | LME Copper | 9,763 | -7 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1830 GMT
EQUITIES
GLOBAL - Wall Street indexes fell modestly while European equities advanced as U.S. investors awaited earnings reports from megacap companies and the Federal Reserve's next policy decision, due on Wednesday.
MSCI's gauge of stocks around the world .MIWD00000PUS fell 1.97 points, or 0.21%, to 937.40.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The S&P 500 and the Nasdaq slipped from record highs on Tuesday as a series of downbeat earnings weighed on the indexes, while investors looked ahead to the U.S. Federal Reserve's policy meeting later in the day.
At 11:36 a.m. ET, the S&P 500 .SPX lost 14.45 points, or 0.23%, to 6,374.98, and the Nasdaq Composite .IXIC lost 58.64 points, or 0.28%, to 21,119.59.
For a full report, click on .N
- - - -
LONDON - European stocks closed higher on Tuesday, buoyed by financials and defence stocks, though Danish stocks logged their biggest one-day drop of the year as Novo Nordisk's shares slid after the weight-loss drug maker issued a profit warning.
More broadly the pan-European STOXX 600 index .STOXX finished 0.3% higher.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average ended lower for a third straight session on Tuesday, as concerns over the domestic corporate outlook led investors to lock in profits from a recent rally.
The Nikkei .N225 fell 0.79% to 40,674.55.
For a full report, click on .T
- - - -
SHANGHAI - China stocks ended higher on Tuesdayas a new round of Sino-U.S. trade talks continued, while the Hong Kong benchmark declined with some investors booking profits near the month-end.
China's blue-chip CSI300 Index .CSI300 and the Shanghai Composite Index .SSEC reversed morning session's losses, closing up 0.39% and 0.33%, respectively.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares finished Tuesday little changed as investors scrutinized the long-term economic impact of elevated trade barriers, even as countries edged towards tariff deals with the United States.
The S&P/ASX 200 benchmark index .AXJO closed 0.1% higher at 8,704.60 points, after losing 0.6% earlier in the session.
For a full report, click on .AX
- - - -
SEOUL - South Korean benchmark rose on Tuesday to their highest level in four years, as optimism grew around U.S. trade negotiations ahead of an August 1 deadline for higher tariffs.
The benchmark KOSPI .KS11 ended the session up 21.05 points, or 0.66%, at 3,230.57, its highest closing level since August 10, 2021.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar hit a one-month high versus the euro on Tuesday in the wake of a string of trade agreements between the United States and its major trade partners, while markets await interest rate decisions from the Federal Reserve and the Bank of Japan.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.30% to 98.91, hitting its highest level since June 23. The index is set to record its first month of gains this year.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan touched a fresh one-week low against the dollar on Tuesday, pressured by the US currency's broad strength overseas after the US-EU trade deal, while investors anxiously await the outcome of trade talks between Beijing and Washington.
The onshore yuan CNY=CFXS slipped to a low of 7.1794 per dollar, its weakest since July 21, before changing hands at 7.1768 by 0355 GMT.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars steadied on Tuesday, having tumbled overnight on worries that President Donald Trump's new trade deal with Europe could weigh on economic growth there, sending the euro sharply lower.
The Aussie AUD=D3 was little changed at $0.6520, having dropped 0.7% overnight to as low as $0.6513. It is now some distance away from a nearly 9-month top of $0.6625, but has support at 65 cents.
For a full report, click on AUD/
- - - -
SEOUL - South Korean benchmark rose on Tuesday to their highest level in four years, as optimism grew around U.S. trade negotiations ahead of an August 1 deadline for higher tariffs.
The won was quoted at 1,393.5 per dollar on the onshore settlement platform KRW=KFTC, 0.32% lower than its previous close at 1,389.1.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields slid across the board on Tuesday, reversing their rise in the previous session, following a less-than-stellar report on job openings for June and as market participants positioned ahead of Wednesday's Federal Reserve decision and a government announcement of its financing plans for this quarter.
In morning trading, the benchmark 10-year yield fell 6.4 basis points (bps) to 4.356% US10YT=RR.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond yields were steady on Tuesday as investors shifted focus toupcoming policy meetings of the Federal Reserve and the Bank of Japan, after the European Union and U.S. announced a trade agreement on Sunday.
Germany's 10-year government bond yield DE10YT=RR, the euro area’s benchmark, was little changed at 2.688%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japan's two-year government bonds rose on Tuesday after a strong auction outcome, as the market viewed the current yield level as attractive given the uncertainties regarding the Bank of Japan's rate hike path.
The two-year JGB yield JP2YTN=JBTC fell 2 basis points (bps) to 0.82%.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices edged higher on Tuesday as investors awaited the outcome of U.S.-China trade talks and the Federal Reserve's policy meeting.
Spot gold XAU= rose 0.4% to $3,327.69 per ounce, by 01:46 p.m. ET (1746 GMT). Prices hit their lowest point since July 9 on Monday after a framework trade deal between the United States and the European Union dampened safe-haven demand for the yellow metal.
For a full report, click on GOL/
- - - -
IRON ORE - Iron ore futures prices held well over the key psychological level of $100 a metric ton on Tuesday, while investors closely monitored the renewed Sino-US trade talks for signs of progress.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 erased the morning's loss to end daytime trade 0.63% higher at 798 yuan ($111.17) a ton.
For a full report, click on IRONORE/
- - - -
BASE METALS - Copper prices were little changed on Tuesday as traders awaited the outcome of U.S. trade talks with Chile and China for clarity on a U.S. plan to impose a 50% import tariff on the metal from Friday.
The three-month copper contract CMCU3 on the London Metal Exchange was up 0.1% at $9,802.50 a metric ton by 1606 GMT, holding just above the 21-day moving average.
For a full report, click on MET/L
- - - -
OIL - Oil prices rose on Tuesday, extending the previous day's rally, on optimism that a trade war between the United States and its major trading partners was abating and as President Donald Trump ramped up pressure on Russia over its war in Ukraine.
Brent crude futures LCOc1 were up 95 cents, or 1.36%, at $70.99 a barrel at 12 p.m. EDT (1600 GMT), having touched their highest since June 23
For a full report, click on O/R
- - - -
PALM OIL - Malaysian palm oil futures closed higher on Tuesday, snapping two sessions of losses, as bargain buyers emerged and short-covering activity provided additional support.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange rose 12 ringgit, or 0.28%, to 4,254 ringgit ($1,005.44) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER - Japanese rubber futures fell on Tuesday, pressured by a stronger yen and prolonged price war in China's automobile sector, which continues to weigh on rubber prices.
The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: ended daytime trade down 4.1 yen, or 1.26%, at 321.9 yen ($2.17) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
July 23 (Reuters) -
Stock Markets | closing level) | Net Chng | Stock Markets | Net Chng | |
S&P/ASX 200** | 8677.2 | 9 | NZX 50** | 12833.74 | -127.77 |
DJIA | 44502.44 | 179.37 | NIKKEI** | 39774.92 | -44.19 |
Nasdaq | 20892.685 | -81.49 | FTSE** | 9023.81 | 10.82 |
S&P 500 | 6309.62 | 4.02 | Hang Seng** | 25130.03 | 135.89 |
SPI 200 Fut | 8680 | 39 | STI** | 4208.26 | 1.13 |
SSEC** | 3581.8611 | 22.0699 | KOSPI** | 3169.94 | -40.87 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.5150 | 0.0120 | KR 10 YR Bond | 2.841 | -0.031 |
AU 10 YR Bond | 4.2810 | -0.0260 | US 10 YR Bond | 4.342 | -0.028 |
NZ 10 YR Bond | 4.5700 | -0.0230 | US 30 YR Bond | 4.9111 | -0.026 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2782 | -0.0022 | KRW US$ | 1,380.290 | -2.29 |
AUD US$ | 0.6554 | 0.00285 | NZD US$ | 0.6000 | 0.0032 |
EUR US$ | 1.1748 | 0.0053 | Yen US$ | 146.6100 | -0.77 |
THB US$ | 32.1200 | -0.09 | PHP US$ | 56.9440 | -0.096 |
IDR US$ | 16,305 | 0 | INR US$ | 86.2940 | 0.114 |
MYR US$ | 4.2290 | -0.004 | TWD US$ | 29.4520 | 0.037 |
CNY US$ | 7.1695 | -0.0012 | HKD US$ | 7.8499 | 0.0001 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3431.6567 | 36.3359 | Silver (Lon) | 39.2688 | 0.3538 |
U.S. Gold Fut | 3444.7 | 38.3 | Brent Crude | 68.79 | -0.41 |
Iron Ore | CNY823 | 14 | TRJCRB Index | -- | -- |
TOCOM Rubber | 330 | -1.9 | Copper | 9898 | 38 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 2010 GMT
EQUITIES
GLOBAL - Wall Street was mixed and crude lost ground on Tuesday as investors assessed a spate of mixed earnings and signs that U.S. President Donald Trump's protracted trade war is hitting corporate profit margins, even as Trump's dealmaking deadline approached.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.84 points, or 0.09%, to 930.47.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street shares were mixed on Tuesday, with steep losses in General Motors and a gain in Tesla as investors focused on recent and upcoming quarterly reports and watched for signs of progress in U.S. trade discussions.
The S&P 500 was up 0.01% at 6,306.28 points. The Nasdaq declined 0.36% to 20,898.66 points, while the Dow Jones Industrial Average was up 0.23% at 44,425.88 points.
For a full report, click on .N
- - - -
LONDON - European shares settled lower on Tuesday, with German equities logging their biggest one-day drop in two months as a batch of disappointing corporate reports and dimming prospects of a U.S.-European Union trade deal weighed on sentiment.
The pan-European STOXX 600 index .STOXX closed 0.46% lower.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average erased early gains on Tuesday to end slightly lower, as investors returning from a long holiday weekend shifted their focus to trade talks from the ruling coalition's election defeat.
The Nikkei .N225 closed 0.11% lower at 39,774.92. The index rose 1.15% earlier in the session to cross the 40,000 level.
For a full report, click on .T
- - - -
SHANGHAI - China stocks closed at an eight-month high on Tuesday, while Hong Kong shares extended gains to a multi-year peak, driven by construction and power firms after work began on a major dam project in Tibet, billed as the world's largest.
China's blue-chip CSI300 Index .CSI300 ended 0.8% higher, while the Shanghai Composite Index .SSEC gained 0.6%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares are set to rise at open on Wednesday as investors parse central bank's latest minutes from its policy meeting for interest rate clues, while strong commodity prices may bolster mining and gold stocks on the resource-heavy bourse.
The local share price index futures YAPcm1 rose 0.5%, a 14.8-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark ended flat at 8,677.20 points on Tuesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares erased early gains to end lower on Tuesday, as investors booked profit amid caution ahead of an August 1 deadline for countries to secure trade deals or face steep tariffs.
The benchmark KOSPI .KS11 closed down 40.87 points, or 1.27%, at 3,169.94.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar slid on Tuesday, with the yen one of the major gainers versus the greenback, as investors tracked talks ahead of an August 1 deadline that could bring steep tariffs on products of U.S. trading partners that fail to strike deals.
The dollar index, a gauge of its value against a basket of currencies, slipped 0.3% to 97.545 =USD, having weakened around 0.6% on Monday. It hit a two-week low earlier in the session.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan slipped against the dollar, which drew strong corporate demand during Tuesday's session and offset improved sentiment on reports the leaders of the world's two largest economies were planning to meet.
As of 0344 GMT, the onshore yuan CNY=CFXS was 0.02% lower at 7.1721 per dollar.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars were flat on Tuesday as concerns about U.S. tariffs and central bank independence hamstrung the greenback, offsetting a dovish outlook for interest rates at home.
The Aussie held steady at $0.6520 AUD=D3, some way above last week's low of $0.6455.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won weakened against the dollar on Tuesday.
The won was quoted at 1,387.8 per dollar on the onshore settlement platform KRW=KFTC, 0.40% lower than its previous close at 1,382.2.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields slipped on Tuesday as President Donald Trump continued to lash out at Federal Reserve Chair Jerome Powell for not cutting interest rates ahead of the central bank's policy meeting next week.
Benchmark 10-year yields US10YT=RR declined by about three basis points to 4.338%.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond prices rose on Tuesday, slightly extending gains from the day before when a rally exacerbated by thin liquidity sent German 10-year yields down by their most in four months.
Germany's 10-year yield, the euro zone benchmark, was last down 2.5 bps at 2.59%, after dropping 7 basis points on Monday, its biggest daily fall since April. DE10YT=RR
For a full report, click on GVD/EUR
- - - -
TOKYO - Shorter-dated Japanese government bonds rose on Tuesday as investors returning from a long holiday weekend assessed the fiscal implications of the ruling coalition's election defeat.
Benchmark 10-year JGBs advanced, pushing yields JP10YTN=JBTC down 2 basis points to 1.5% as of 0714 GMT.
For a full report, click on JP/
COMMODITIES
GOLD
Gold climbed to a five-week high on Tuesday, drawing strength from trade uncertainty and weaker U.S. bond yields as investors continue to eye U.S. President Donald Trump's August 1 tariff deadline.
Spot gold XAU= rose 1% to $3,428.84 per ounce by 2:10 p.m. ET (1810 GMT), hitting its highest since June 16.
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures prices closed higher for a fifth straight session on Tuesday, buoyed by expectations of further stimulus after Beijing unveiled a $170 billion hydropower project to boost economic growth.
The most-traded September iron ore contract on China's Dalian Commodity Exchange DCIOcv1 traded 2.49% higher at 823 yuan ($114.72) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS
Copper prices touched their highest in more than two weeks while aluminium jumped to a four-month peak on Tuesday, buoyed by hopes for firmer Chinese demand and deals with the U.S. on tariffs.
The three-month copper contract CMCU3 on the London Metal Exchange added 0.5% to $9,910 a metric ton by 1620 GMT, its highest since July 4.
For a full report, click on MET/L
- - - -
OIL
Oil prices fell on Tuesday for a third consecutive session, as hopes faded for a trade deal between the U.S. and Europe, feeding fears of an economic slowdown in the world's largest oil markets.
Brent crude futures LCOc1 were down 82 cents, or 1.2%, to $68.39 a barrel by 1:59 p.m.
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures ended higher on Tuesday, although uncertainty over potential trade deals between major Asian countries and the United States kept the market volatile.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange gained 38 ringgit, or 0.9%, to 4,263 ringgit ($1,008.04) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures ended daytime trade higher on Tuesday, as heavy rains in key producing countries stoked supply concerns, while strong vehicle sales in China also supported the market.
The Osaka Exchange (OSE) rubber contract for December delivery JRUc6, 0#2JRU: was up 2.8 yen, or 0.85%, at 331.9 yen ($2.24) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
July 23 (Reuters) -
Stock Markets | closing level) | Net Chng | Stock Markets | Net Chng | |
S&P/ASX 200** | 8677.2 | 9 | NZX 50** | 12833.74 | -127.77 |
DJIA | 44502.44 | 179.37 | NIKKEI** | 39774.92 | -44.19 |
Nasdaq | 20892.685 | -81.49 | FTSE** | 9023.81 | 10.82 |
S&P 500 | 6309.62 | 4.02 | Hang Seng** | 25130.03 | 135.89 |
SPI 200 Fut | 8680 | 39 | STI** | 4208.26 | 1.13 |
SSEC** | 3581.8611 | 22.0699 | KOSPI** | 3169.94 | -40.87 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.5150 | 0.0120 | KR 10 YR Bond | 2.841 | -0.031 |
AU 10 YR Bond | 4.2810 | -0.0260 | US 10 YR Bond | 4.342 | -0.028 |
NZ 10 YR Bond | 4.5700 | -0.0230 | US 30 YR Bond | 4.9111 | -0.026 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2782 | -0.0022 | KRW US$ | 1,380.290 | -2.29 |
AUD US$ | 0.6554 | 0.00285 | NZD US$ | 0.6000 | 0.0032 |
EUR US$ | 1.1748 | 0.0053 | Yen US$ | 146.6100 | -0.77 |
THB US$ | 32.1200 | -0.09 | PHP US$ | 56.9440 | -0.096 |
IDR US$ | 16,305 | 0 | INR US$ | 86.2940 | 0.114 |
MYR US$ | 4.2290 | -0.004 | TWD US$ | 29.4520 | 0.037 |
CNY US$ | 7.1695 | -0.0012 | HKD US$ | 7.8499 | 0.0001 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3431.6567 | 36.3359 | Silver (Lon) | 39.2688 | 0.3538 |
U.S. Gold Fut | 3444.7 | 38.3 | Brent Crude | 68.79 | -0.41 |
Iron Ore | CNY823 | 14 | TRJCRB Index | -- | -- |
TOCOM Rubber | 330 | -1.9 | Copper | 9898 | 38 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 2010 GMT
EQUITIES
GLOBAL - Wall Street was mixed and crude lost ground on Tuesday as investors assessed a spate of mixed earnings and signs that U.S. President Donald Trump's protracted trade war is hitting corporate profit margins, even as Trump's dealmaking deadline approached.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.84 points, or 0.09%, to 930.47.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - Wall Street shares were mixed on Tuesday, with steep losses in General Motors and a gain in Tesla as investors focused on recent and upcoming quarterly reports and watched for signs of progress in U.S. trade discussions.
The S&P 500 was up 0.01% at 6,306.28 points. The Nasdaq declined 0.36% to 20,898.66 points, while the Dow Jones Industrial Average was up 0.23% at 44,425.88 points.
For a full report, click on .N
- - - -
LONDON - European shares settled lower on Tuesday, with German equities logging their biggest one-day drop in two months as a batch of disappointing corporate reports and dimming prospects of a U.S.-European Union trade deal weighed on sentiment.
The pan-European STOXX 600 index .STOXX closed 0.46% lower.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average erased early gains on Tuesday to end slightly lower, as investors returning from a long holiday weekend shifted their focus to trade talks from the ruling coalition's election defeat.
The Nikkei .N225 closed 0.11% lower at 39,774.92. The index rose 1.15% earlier in the session to cross the 40,000 level.
For a full report, click on .T
- - - -
SHANGHAI - China stocks closed at an eight-month high on Tuesday, while Hong Kong shares extended gains to a multi-year peak, driven by construction and power firms after work began on a major dam project in Tibet, billed as the world's largest.
China's blue-chip CSI300 Index .CSI300 ended 0.8% higher, while the Shanghai Composite Index .SSEC gained 0.6%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares are set to rise at open on Wednesday as investors parse central bank's latest minutes from its policy meeting for interest rate clues, while strong commodity prices may bolster mining and gold stocks on the resource-heavy bourse.
The local share price index futures YAPcm1 rose 0.5%, a 14.8-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark ended flat at 8,677.20 points on Tuesday.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares erased early gains to end lower on Tuesday, as investors booked profit amid caution ahead of an August 1 deadline for countries to secure trade deals or face steep tariffs.
The benchmark KOSPI .KS11 closed down 40.87 points, or 1.27%, at 3,169.94.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The dollar slid on Tuesday, with the yen one of the major gainers versus the greenback, as investors tracked talks ahead of an August 1 deadline that could bring steep tariffs on products of U.S. trading partners that fail to strike deals.
The dollar index, a gauge of its value against a basket of currencies, slipped 0.3% to 97.545 =USD, having weakened around 0.6% on Monday. It hit a two-week low earlier in the session.
For a full report, click on USD/
- - - -
SHANGHAI - China's yuan slipped against the dollar, which drew strong corporate demand during Tuesday's session and offset improved sentiment on reports the leaders of the world's two largest economies were planning to meet.
As of 0344 GMT, the onshore yuan CNY=CFXS was 0.02% lower at 7.1721 per dollar.
For a full report, click on CNY/
- - - -
AUSTRALIA - The Australian and New Zealand dollars were flat on Tuesday as concerns about U.S. tariffs and central bank independence hamstrung the greenback, offsetting a dovish outlook for interest rates at home.
The Aussie held steady at $0.6520 AUD=D3, some way above last week's low of $0.6455.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won weakened against the dollar on Tuesday.
The won was quoted at 1,387.8 per dollar on the onshore settlement platform KRW=KFTC, 0.40% lower than its previous close at 1,382.2.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasury yields slipped on Tuesday as President Donald Trump continued to lash out at Federal Reserve Chair Jerome Powell for not cutting interest rates ahead of the central bank's policy meeting next week.
Benchmark 10-year yields US10YT=RR declined by about three basis points to 4.338%.
For a full report, click on US/
- - - -
LONDON - Euro zone government bond prices rose on Tuesday, slightly extending gains from the day before when a rally exacerbated by thin liquidity sent German 10-year yields down by their most in four months.
Germany's 10-year yield, the euro zone benchmark, was last down 2.5 bps at 2.59%, after dropping 7 basis points on Monday, its biggest daily fall since April. DE10YT=RR
For a full report, click on GVD/EUR
- - - -
TOKYO - Shorter-dated Japanese government bonds rose on Tuesday as investors returning from a long holiday weekend assessed the fiscal implications of the ruling coalition's election defeat.
Benchmark 10-year JGBs advanced, pushing yields JP10YTN=JBTC down 2 basis points to 1.5% as of 0714 GMT.
For a full report, click on JP/
COMMODITIES
GOLD
Gold climbed to a five-week high on Tuesday, drawing strength from trade uncertainty and weaker U.S. bond yields as investors continue to eye U.S. President Donald Trump's August 1 tariff deadline.
Spot gold XAU= rose 1% to $3,428.84 per ounce by 2:10 p.m. ET (1810 GMT), hitting its highest since June 16.
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures prices closed higher for a fifth straight session on Tuesday, buoyed by expectations of further stimulus after Beijing unveiled a $170 billion hydropower project to boost economic growth.
The most-traded September iron ore contract on China's Dalian Commodity Exchange DCIOcv1 traded 2.49% higher at 823 yuan ($114.72) a metric ton.
For a full report, click on IRONORE/
- - - -
BASE METALS
Copper prices touched their highest in more than two weeks while aluminium jumped to a four-month peak on Tuesday, buoyed by hopes for firmer Chinese demand and deals with the U.S. on tariffs.
The three-month copper contract CMCU3 on the London Metal Exchange added 0.5% to $9,910 a metric ton by 1620 GMT, its highest since July 4.
For a full report, click on MET/L
- - - -
OIL
Oil prices fell on Tuesday for a third consecutive session, as hopes faded for a trade deal between the U.S. and Europe, feeding fears of an economic slowdown in the world's largest oil markets.
Brent crude futures LCOc1 were down 82 cents, or 1.2%, to $68.39 a barrel by 1:59 p.m.
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures ended higher on Tuesday, although uncertainty over potential trade deals between major Asian countries and the United States kept the market volatile.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange gained 38 ringgit, or 0.9%, to 4,263 ringgit ($1,008.04) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures ended daytime trade higher on Tuesday, as heavy rains in key producing countries stoked supply concerns, while strong vehicle sales in China also supported the market.
The Osaka Exchange (OSE) rubber contract for December delivery JRUc6, 0#2JRU: was up 2.8 yen, or 0.85%, at 331.9 yen ($2.24) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
July 22 (Reuters) -
Stock Markets | closing level) | Net Chng | Stock Markets | Net Chng | |
S&P/ASX 200** | 8668.2 | -89 | NZX 50** | 12961.51 | 81.11 |
DJIA | 44565.44 | 223.25 | NIKKEI** | 39819.11 | -82.08 |
Nasdaq | 21046.086 | 150.43 | FTSE** | 9012.99 | 20.87 |
S&P 500 | 6332.29 | 35.5 | Hang Seng** | 24994.14 | 168.48 |
SPI 200 Fut | 8674 | 26 | STI** | 4207.13 | 17.63 |
SSEC** | 3559.7912 | 25.3085 | KOSPI** | 3210.81 | 22.74 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.5320 | 0.0060 | KR 10 YR Bond | 2.872 | -0.021 |
AU 10 YR Bond | 4.2920 | -0.0500 | US 10 YR Bond | 4.3638 | -0.067 |
NZ 10 YR Bond | 4.5980 | -0.0100 | US 30 YR Bond | 4.9286 | -0.07 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2801 | -0.0056 | KRW US$ | 1,382.130 | -8.68 |
AUD US$ | 0.6527 | 0.0018 | NZD US$ | 0.5974 | 0.0012 |
EUR US$ | 1.1691 | 0.0066 | Yen US$ | 147.2400 | -1.57 |
THB US$ | 32.2200 | -0.11 | PHP US$ | 57.0400 | 0.04 |
IDR US$ | 16,305 | 20 | INR US$ | 86.1800 | 0.035 |
MYR US$ | 4.2330 | -0.011 | TWD US$ | 29.4150 | 0.009 |
CNY US$ | 7.1686 | -0.0072 | HKD US$ | 7.8499 | 0.0027 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3393.92 | 44.6593 | Silver (Lon) | 38.99 | 0.82 |
U.S. Gold Fut | 3408 | 49.7 | Brent Crude | 69.17 | -0.11 |
Iron Ore | CNY809 | 24 | TRJCRB Index | -- | -- |
TOCOM Rubber | 329.5 | 0.4 | Copper | 9867 | 88.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1810 GMT
EQUITIES
GLOBAL - Wall Street stocks advanced on Monday and Treasury yields softened at the top of a busy week of corporate earnings reports, as negotiations between the United States and its trading partners ramped up in the face of a fast-approaching August 1 deadline.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 4.01 points, or 0.43%, to 932.00.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The S&P 500 and the Nasdaq reached new record highs on Monday, bolstered by gains in megacaps as investors geared up for the week's major tech earnings, while the prospects of fresh trade deals also boosted sentiment.
At 11:21 a.m. ET, the S&P 500 .SPX gained 34.97 points, or 0.56%, to 6,331.90 and the Nasdaq Composite .IXIC gained 147.24 points, or 0.71%, to 21,042.87.
The Dow Jones Industrial Average .DJI rose 201.87 points, or 0.46%, to 44,544.76, just 1.28% shy of its all-time high.
For a full report, click on .N
- - - -
LONDON - European shares ended a choppy session in the red on Monday, as investors weighed a mixed bag of corporate earnings and keenly awaited the outcome of ongoing trade negotiations between the U.S. and the European Union.
The pan-European STOXX 600 index .STOXX closed 0.1% lower.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average slipped from a more than two-week high to end lower on Friday as investors weighed the outcome of the nation's upper house election on the weekend.
The Nikkei .N225 fell 0.21% to 39,819.11. Earlier, it had risen to as high as 40,087.59, its highest level since July 1, underpinned by the strong performance of Wall Street.
For a full report, click on .T
- - - -
SHANGHAI - China stocks closed near 3-1/2-year high on Monday, led by rare earth and construction sectors, while Hong Kong stocks rose as internet heavyweights rallied following a government rebuke on price wars.
The Shanghai Composite index .SSEC added 0.7% to 3,559.79, its highest closing since January 2022. China's blue-chip CSI300 index .CSI300 also gained 0.7%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares fell on Monday to their worst session in more than three months, retreating from a record high scaled in the previous session as index heavyweight financials lost ground after last week's sharp gains.
The S&P/ASX 200 index .AXJO closed 1% lower at 8,668.20, posting its biggest single-day decline since April 9. The index rose 1.4% on Friday to a record close of 8,757.20.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended higher on Monday, as major exporters of chips, batteries and steel rose, with investors remaining focused on U.S. tariff talks.
The benchmark KOSPI .KS11 closed up 22.74 points, or 0.71%, at 3,210.81.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The yen rose across the board on Monday after Japan's ruling coalition lost its majority in the upper house, suggesting the result was mostly priced in, while investors braced for market disquiet ahead of a deadline on U.S. tariff negotiations.
The dollar index USD=, which measures the U.S. currency against six others, was down 0.5% at 97.969.
For a full report, click on USD/
- - - -
SHANGHAI - The yuan eased slightly against the U.S. dollar on Monday, trading in tight ranges, after China kept key lending rates unchanged and as markets awaited further cues on Sino-U.S. trade developments.
The spot yuan CNY=CFXS opened at 7.1771 per dollar and was last trading at 7.179 as of 0311 GMT, 32 pips lower than the previous late session close and 0.37% weaker than the midpoint.
For a full report, click on CNY/
- - - -
AUSTRALIA - The New Zealand dollar slipped on Monday while local bonds rallied after inflation data proved not as bad as feared, with still tepid domestic price pressures adding to the case for a cut in interest rates next month.
The kiwi dollar NZD=D3 fell 0.3% to $0.5941, having lost 0.8% last week to mark a third consecutive week of declines. The Aussie, on the other hand, was flat at $0.6510 AUD=D3.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won strengthened against the dollar on Monday.
The won was quoted at 1,388.2 per dollar on the onshore settlement platform KRW=KFTC, 0.24% higher than its previous close at 1,391.6.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasuries rallied on Monday, pushing yields lower, as investors likely unwound short positions and followed a broader rally in European sovereign bonds fueled by uncertainty over the economic fallout from U.S. tariffs.
Benchmark 10-year yields US10YT=RR were last at 4.356%, about seven basis points lower than on Friday.
For a full report, click on US/
- - - -
LONDON - Benchmark German bond yields headed for their biggest one-day drop since early April on Monday as investors snapped up longer dated debt ahead of euro zone PMI surveys and the European Central Bank’s monetary policy decision later this week.
Germany’s 10-year government bond yield DE10YT=RR, the euro area’s benchmark, fell as much as 8.2 basis points at one point, and was last down 7.5 bps at 2.61%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds rose on Friday as concerns over potential deterioration of fiscal health receded ahead of a closely watched national election.
The 10-year JGB yield JP10YTN=JBTC fell 3.5 bps to 1.52%.
For a full report, click on JP/
COMMODITIES
GOLD
Gold prices gained over 1% to hit a five-week high on Monday as the dollar and U.S. bond yields weakened amid uncertainty ahead of a U.S. deadline of August 1 for countries to strike trade deals with Washington or face more tariffs.
Spot gold XAU= was up 1.5% at $3,398.23 per ounce at 12:12 p.m. ET (1612 GMT), hitting its highest since June 17. U.S. gold futures GCcv1 were up 1.6% at $3,410.40.
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures surged to their highest levels in nearly five months on Monday, buoyed by the announcement of construction on the world's largest hydropower dam and firm steel mill margins.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 2.08% higher at 809 yuan ($112.74) a metric ton, after hitting an intraday high of 819 yuan, the highest since February 26.
For a full report, click on IRONORE/
- - - -
BASE METALS
Zinc prices rose to four-month highs on Monday as worries about tightness on the London Metal Exchange surfaced after data showed more than half of stocks in its approved warehouses had been marked to leave the system.
Benchmark zinc CMZN3 on the LME was up 0.8% at $2,841.50 a metric ton at 1600 GMT, having earlier touched $2,876 a ton, the highest since March 28.
For a full report, click on MET/L
- - - -
OIL
Oil prices fell on Monday, as the latest European sanctions on Russian oil are expected to have minimal impact on supplies, while U.S. tariffs stoked demand concerns.
Brent crude futures LCOc1 dropped 26 cents, or 0.4%, to $69.02 a barrel by 11:08 a.m. EDT (1508 GMT).
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures closed down on Monday, reversing the previous session's gains, as softer soyoil prices and weaker export data pressured the market.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange slid 89 ringgit, or 2.06%, to 4,226 ringgit ($998.35) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures closed Friday at a nearly seven-week high, rising for the fifth consecutive week, on concerns that heavy rains could disrupt tapping in key Southeast Asian producing regions.
The Osaka Exchange (OSE) rubber contract for December delivery JRUc6, 0#2JRU: added 3.9 yen, or 1.2%, to 329.1 yen ($2.21) per kg, its highest close since May 27, and logged a 3.72% gain for the week.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
July 22 (Reuters) -
Stock Markets | closing level) | Net Chng | Stock Markets | Net Chng | |
S&P/ASX 200** | 8668.2 | -89 | NZX 50** | 12961.51 | 81.11 |
DJIA | 44565.44 | 223.25 | NIKKEI** | 39819.11 | -82.08 |
Nasdaq | 21046.086 | 150.43 | FTSE** | 9012.99 | 20.87 |
S&P 500 | 6332.29 | 35.5 | Hang Seng** | 24994.14 | 168.48 |
SPI 200 Fut | 8674 | 26 | STI** | 4207.13 | 17.63 |
SSEC** | 3559.7912 | 25.3085 | KOSPI** | 3210.81 | 22.74 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.5320 | 0.0060 | KR 10 YR Bond | 2.872 | -0.021 |
AU 10 YR Bond | 4.2920 | -0.0500 | US 10 YR Bond | 4.3638 | -0.067 |
NZ 10 YR Bond | 4.5980 | -0.0100 | US 30 YR Bond | 4.9286 | -0.07 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 1.2801 | -0.0056 | KRW US$ | 1,382.130 | -8.68 |
AUD US$ | 0.6527 | 0.0018 | NZD US$ | 0.5974 | 0.0012 |
EUR US$ | 1.1691 | 0.0066 | Yen US$ | 147.2400 | -1.57 |
THB US$ | 32.2200 | -0.11 | PHP US$ | 57.0400 | 0.04 |
IDR US$ | 16,305 | 20 | INR US$ | 86.1800 | 0.035 |
MYR US$ | 4.2330 | -0.011 | TWD US$ | 29.4150 | 0.009 |
CNY US$ | 7.1686 | -0.0072 | HKD US$ | 7.8499 | 0.0027 |
----------------------------------------------------------------------------------------
Commodities | |||||
Spot Gold | 3393.92 | 44.6593 | Silver (Lon) | 38.99 | 0.82 |
U.S. Gold Fut | 3408 | 49.7 | Brent Crude | 69.17 | -0.11 |
Iron Ore | CNY809 | 24 | TRJCRB Index | -- | -- |
TOCOM Rubber | 329.5 | 0.4 | Copper | 9867 | 88.5 |
-----------------------------------------------------------------------------------------
** indicates closing price
All prices as of 1810 GMT
EQUITIES
GLOBAL - Wall Street stocks advanced on Monday and Treasury yields softened at the top of a busy week of corporate earnings reports, as negotiations between the United States and its trading partners ramped up in the face of a fast-approaching August 1 deadline.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 4.01 points, or 0.43%, to 932.00.
For a full report, click on MKTS/GLOB
- - - -
NEW YORK - The S&P 500 and the Nasdaq reached new record highs on Monday, bolstered by gains in megacaps as investors geared up for the week's major tech earnings, while the prospects of fresh trade deals also boosted sentiment.
At 11:21 a.m. ET, the S&P 500 .SPX gained 34.97 points, or 0.56%, to 6,331.90 and the Nasdaq Composite .IXIC gained 147.24 points, or 0.71%, to 21,042.87.
The Dow Jones Industrial Average .DJI rose 201.87 points, or 0.46%, to 44,544.76, just 1.28% shy of its all-time high.
For a full report, click on .N
- - - -
LONDON - European shares ended a choppy session in the red on Monday, as investors weighed a mixed bag of corporate earnings and keenly awaited the outcome of ongoing trade negotiations between the U.S. and the European Union.
The pan-European STOXX 600 index .STOXX closed 0.1% lower.
For a full report, click on .EU
- - - -
TOKYO - Japan's Nikkei share average slipped from a more than two-week high to end lower on Friday as investors weighed the outcome of the nation's upper house election on the weekend.
The Nikkei .N225 fell 0.21% to 39,819.11. Earlier, it had risen to as high as 40,087.59, its highest level since July 1, underpinned by the strong performance of Wall Street.
For a full report, click on .T
- - - -
SHANGHAI - China stocks closed near 3-1/2-year high on Monday, led by rare earth and construction sectors, while Hong Kong stocks rose as internet heavyweights rallied following a government rebuke on price wars.
The Shanghai Composite index .SSEC added 0.7% to 3,559.79, its highest closing since January 2022. China's blue-chip CSI300 index .CSI300 also gained 0.7%.
For a full report, click on .SS
- - - -
AUSTRALIA - Australian shares fell on Monday to their worst session in more than three months, retreating from a record high scaled in the previous session as index heavyweight financials lost ground after last week's sharp gains.
The S&P/ASX 200 index .AXJO closed 1% lower at 8,668.20, posting its biggest single-day decline since April 9. The index rose 1.4% on Friday to a record close of 8,757.20.
For a full report, click on .AX
- - - -
SEOUL - South Korean shares ended higher on Monday, as major exporters of chips, batteries and steel rose, with investors remaining focused on U.S. tariff talks.
The benchmark KOSPI .KS11 closed up 22.74 points, or 0.71%, at 3,210.81.
For a full report, click on KRW/
- - - -
FOREIGN EXCHANGE
NEW YORK - The yen rose across the board on Monday after Japan's ruling coalition lost its majority in the upper house, suggesting the result was mostly priced in, while investors braced for market disquiet ahead of a deadline on U.S. tariff negotiations.
The dollar index USD=, which measures the U.S. currency against six others, was down 0.5% at 97.969.
For a full report, click on USD/
- - - -
SHANGHAI - The yuan eased slightly against the U.S. dollar on Monday, trading in tight ranges, after China kept key lending rates unchanged and as markets awaited further cues on Sino-U.S. trade developments.
The spot yuan CNY=CFXS opened at 7.1771 per dollar and was last trading at 7.179 as of 0311 GMT, 32 pips lower than the previous late session close and 0.37% weaker than the midpoint.
For a full report, click on CNY/
- - - -
AUSTRALIA - The New Zealand dollar slipped on Monday while local bonds rallied after inflation data proved not as bad as feared, with still tepid domestic price pressures adding to the case for a cut in interest rates next month.
The kiwi dollar NZD=D3 fell 0.3% to $0.5941, having lost 0.8% last week to mark a third consecutive week of declines. The Aussie, on the other hand, was flat at $0.6510 AUD=D3.
For a full report, click on AUD/
- - - -
SEOUL - The South Korean won strengthened against the dollar on Monday.
The won was quoted at 1,388.2 per dollar on the onshore settlement platform KRW=KFTC, 0.24% higher than its previous close at 1,391.6.
For a full report, click on KRW/
- - - -
TREASURIES
NEW YORK - U.S. Treasuries rallied on Monday, pushing yields lower, as investors likely unwound short positions and followed a broader rally in European sovereign bonds fueled by uncertainty over the economic fallout from U.S. tariffs.
Benchmark 10-year yields US10YT=RR were last at 4.356%, about seven basis points lower than on Friday.
For a full report, click on US/
- - - -
LONDON - Benchmark German bond yields headed for their biggest one-day drop since early April on Monday as investors snapped up longer dated debt ahead of euro zone PMI surveys and the European Central Bank’s monetary policy decision later this week.
Germany’s 10-year government bond yield DE10YT=RR, the euro area’s benchmark, fell as much as 8.2 basis points at one point, and was last down 7.5 bps at 2.61%.
For a full report, click on GVD/EUR
- - - -
TOKYO - Japanese government bonds rose on Friday as concerns over potential deterioration of fiscal health receded ahead of a closely watched national election.
The 10-year JGB yield JP10YTN=JBTC fell 3.5 bps to 1.52%.
For a full report, click on JP/
COMMODITIES
GOLD
Gold prices gained over 1% to hit a five-week high on Monday as the dollar and U.S. bond yields weakened amid uncertainty ahead of a U.S. deadline of August 1 for countries to strike trade deals with Washington or face more tariffs.
Spot gold XAU= was up 1.5% at $3,398.23 per ounce at 12:12 p.m. ET (1612 GMT), hitting its highest since June 17. U.S. gold futures GCcv1 were up 1.6% at $3,410.40.
For a full report, click on GOL/
- - - -
IRON ORE
Iron ore futures surged to their highest levels in nearly five months on Monday, buoyed by the announcement of construction on the world's largest hydropower dam and firm steel mill margins.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 2.08% higher at 809 yuan ($112.74) a metric ton, after hitting an intraday high of 819 yuan, the highest since February 26.
For a full report, click on IRONORE/
- - - -
BASE METALS
Zinc prices rose to four-month highs on Monday as worries about tightness on the London Metal Exchange surfaced after data showed more than half of stocks in its approved warehouses had been marked to leave the system.
Benchmark zinc CMZN3 on the LME was up 0.8% at $2,841.50 a metric ton at 1600 GMT, having earlier touched $2,876 a ton, the highest since March 28.
For a full report, click on MET/L
- - - -
OIL
Oil prices fell on Monday, as the latest European sanctions on Russian oil are expected to have minimal impact on supplies, while U.S. tariffs stoked demand concerns.
Brent crude futures LCOc1 dropped 26 cents, or 0.4%, to $69.02 a barrel by 11:08 a.m. EDT (1508 GMT).
For a full report, click on O/R
- - - -
PALM OIL
Malaysian palm oil futures closed down on Monday, reversing the previous session's gains, as softer soyoil prices and weaker export data pressured the market.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange slid 89 ringgit, or 2.06%, to 4,226 ringgit ($998.35) a metric ton at the close.
For a full report, click on POI/
- - - -
RUBBER
Japanese rubber futures closed Friday at a nearly seven-week high, rising for the fifth consecutive week, on concerns that heavy rains could disrupt tapping in key Southeast Asian producing regions.
The Osaka Exchange (OSE) rubber contract for December delivery JRUc6, 0#2JRU: added 3.9 yen, or 1.2%, to 329.1 yen ($2.21) per kg, its highest close since May 27, and logged a 3.72% gain for the week.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
Asia Morning Call-Global Markets
July 14 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,580.10 | -9.10 | NZX 50 | 12,686.68 | -73.52 |
DJIA | 44,371.51 | -279.13 | NIKKEI | 39,569.68 | -76.68 |
Nasdaq | 20,585.53 | -45.14 | FTSE | 8,941.12 | -34.54 |
S&P 500 | 6,259.75 | -20.71 | Hang Seng | 24,139.57 | 111.20 |
SPI 200 Fut | 8,548.00 | -13 | STI | 4,087.81 | 12.11 |
SSEC | 3,510.18 | 0.50 | KOSPI | 3,175.77 | -7.46 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.5280 | 0.0290 | KR 10 YR Bond | 2.83 | -0.316 |
AU 10 YR Bond | 4.3620 | 0.0270 | US 10 YR Bond | 4.4173 | 0 |
NZ 10 YR Bond | 4.5530 | 0.0000 | US 30 YR Bond | 4.9553 | 0 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 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 ($2.16) per kg.
For a full report, click on RUB/T
- - - -
(Bengaluru Bureau; +91 80 6749 1130)
July 14 (Reuters) -
Stock Markets | Net Change | Stock Markets | Net Change | ||
S&P/ASX 200** | 8,580.10 | -9.10 | NZX 50 | 12,686.68 | -73.52 |
DJIA | 44,371.51 | -279.13 | NIKKEI | 39,569.68 | -76.68 |
Nasdaq | 20,585.53 | -45.14 | FTSE | 8,941.12 | -34.54 |
S&P 500 | 6,259.75 | -20.71 | Hang Seng | 24,139.57 | 111.20 |
SPI 200 Fut | 8,548.00 | -13 | STI | 4,087.81 | 12.11 |
SSEC | 3,510.18 | 0.50 | KOSPI | 3,175.77 | -7.46 |
----------------------------------------------------------------------------------------
Bonds | Bonds | ||||
JP 10 YR Bond | 1.5280 | 0.0290 | KR 10 YR Bond | 2.83 | -0.316 |
AU 10 YR Bond | 4.3620 | 0.0270 | US 10 YR Bond | 4.4173 | 0 |
NZ 10 YR Bond | 4.5530 | 0.0000 | US 30 YR Bond | 4.9553 | 0 |
----------------------------------------------------------------------------------------
Currencies | |||||
SGD US$ | 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
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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, CyberTech Sys. &Soft, HCL Infosystems, XT Global Infotech. Market Cap of Onmobile Global is ₹530 Crs. While the median market cap of its peers are ₹1,440 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 3.22 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 -₹9.65 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 not expensive. Latest PE of Onmobile Global is 0.0, while 3 year average PE is 40.29. Also latest EV/EBITDA of Onmobile Global is 29.93 while 3yr average is 49.74.
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 ~-18.75% over the last 4yrs while peers have grown at a median rate of -1.86%
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.