Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,352.2 -78.7 NZX 50** 8.651 12,083.12
DJIA 34,000.54 -88.73 NIKKEI** 27,501.86 -100.91
Nasdaq FTSE**
12,039.89 79.75 7,997.83 43.98
S&P 500 4,141.76 5.63 Hang Seng**
20,812.17 -301.59
SPI 200 Fut STI**
7,307.00 28.00 3,280.82 -37.38
SSEC** KOSPI**
3,280.49 -12.79 2,427.9 -37.74
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.5 0 3.462 0.064
AU 10 YR Bond US 10 YR Bond
3.825 0.073 3.8087 0.048
NZ 10 YR Bond US 30 YR Bond
4.31 -0.005 3.8565 0.055
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Currencies
SGD US$ KRW US$
1.3361 0.0078 1,284.59 12.06
AUD US$ NZD US$
0.6904 -0.0081 0.6285 -0.005
EUR US$ Yen US$
1.0682 -0.0053 134.16 1.05
THB US$ PHP US$
34.33 0.45 55.3 0.5
IDR US$ INR US$
15,200 45 82.8 -0.11
MYR US$ TWD US$
4.39 0.043 30.308 0.093
CNY US$ HKD US$
6.8515 0.0206 7.8484 -0.0015
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Commodities
Spot Gold Silver (Lon)
1,836.41 -17.88 21.6537 -0.1863
U.S. Gold Fut 1,846.10 -19.00 Brent Crude
85.27 -0.31
Iron Ore 124.20 0.44 TRJCRB Index
- -
TOCOM Rubber JPY217.7 LME Copper 8,946.50 19.50
-1.5
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** indicates closing price
All prices as of 19:42 GMT EQUITIES GLOBAL - Wall Street shares slipped on Wednesday while the dollar was rising along with US Treasury yields after data showed U.S. retail sales in January increased by the most in nearly two years, prompting concerns about Federal Reserve rate hikes. The pan-European STOXX 600 index rose 0.35% and MSCI's gauge of stocks across the globe shed 0.59%. For a full report, click on - - - - NEW YORK - Wall Street was mixed on Wednesday after stronger-than-expected retail sales data offered evidence of resilience in the U.S. economy, while also fueling expectations of more interest rate hikes by Federal Reserve in the months ahead. In afternoon trading, the S&P 500 was down 0.12% at 4,131.37 points. The Nasdaq gained 0.32% to 11,998.09 points, while the Dow Jones Industrial Average was down 0.26% at 34,001.65 points. For a full report, click on - - - - LONDON - European shares ended higher on Wednesday, as gains in luxury firms pushed France's blue-chip index close to its record high level, offseting concerns that strong U.S. data would pave the way for further monetary tightening by the Federal Reserve. The pan-European STOXX 600 index closed 0.4% higher, with a 1.5% jump in Paris-listed luxury firm LVMH among the biggest boosts.
For a full report, click on - - - - TOKYO - Japan's Nikkei share average fell on Wednesday in line with a decline in U.S. equity futures, as investors digested hawkish Federal Reserve comments following a U.S. inflation report. The Nikkei ended down 0.37% at 27,501.86, after gaining as much as 0.43% earlier in the session.
For a full report, click on - - - - SHANGHAI - China stocks fell on Wednesday, tracking weakness in other Asian markets after data showed stubbornly high U.S. inflation, while geopolitical concerns and worries about China's economy weighed on investor sentiment further. China's blue-chip CSI300 Index closed down 0.5%, while the Shanghai Composite Index slipped 0.4%.
For a full report, click on - - - - AUSTRALIA - Australian shares recorded their worst day in nearly six weeks on Wednesday, pulled down by big losses in banking stocks after Commonwealth Bank flagged headwinds facing its mortgage business. The S&P/ASX 200 index fell 1.1% to 7,352.2 points, its biggest single-day decline since Jan 3. The benchmark closed 0.2% higher on Tuesday. For a full report, click on - - - - SEOUL - South Korean shares dropped 1.5% on Wednesday, with investors rethinking their expectations of U.S. monetary tightening slowing after the country's higher-than-expected inflation data. The benchmark KOSPI ended down 37.74 points, or 1.53%, at 2,427.90, the lowest close since Jan. 31. The Korean won weakened, while the benchmark bond yield rose. For a full report, click on - - - - FOREIGN EXCHANGE NEW YORK - The dollar rose to a six-week high against a currency basket on Wednesday after hotter-than-expected U.S. retail sales data last month, coming a day after a report showing stubbornly high U.S. consumer prices, suggesting that the Federal Reserve will keep monetary policy tight to curb inflation. In late morning trading, the dollar index rose 0.7% to 103.99 , after hitting a six-week peak of 104.06. For a full report, click on - - - - SHANGHAI - China's yuan eased to a more than one-month low against the dollar on Wednesday, pressured by a stronger greenback after sticky U.S. inflation data suggested interest rates in the world's largest economy could go higher for longer. In the spot market, the onshore yuan opened at 6.8237 per dollar and slipped to a low of 6.8448 at one point, the weakest level since Jan. 6. By midday, it was changing hands at 6.8419, 110 pips softer than the previous late session close. For a full report, click on - - - - AUSTRALIA - The Australian and New Zealand dollars gave ground on Wednesday as the risk of U.S. interest rates going higher for longer weighed on risk sentiment, though the prospect of yet more hikes at home provided some support. The Aussie edged back to $0.6949 , having been as far as $0.7030 at one stage overnight. Support now lies at $0.6950 and $0.6905.
The kiwi dollar faded to $0.6310 , from an overnight top of $0.6389, but has strong chart support at $0.6270. For a full report, click on - - - - SEOUL - South Korean shares dropped 1.5% on Wednesday, with investors rethinking their expectations of U.S. monetary tightening slowing after the country's higher-than-expected inflation data. The won ended onshore trade 1.00% lower at 1,282.2 per dollar, after hitting its lowest level since Dec. 23, 2022 at 1,284.7. For a full report, click on - - - - TREASURIES NEW YORK - U.S. Treasury yields rose on Wednesday after the latest retail sales data came in stronger than expected, further raising market expectations of tighter Federal Reserve monetary policy in the months ahead. Benchmark 10-year note yields rose as high as 3.791%, their highest since Jan. 3, reflecting market expectations that the Fed keeps interest rates higher for longer. For a full report, click on - - - - LONDON - Euro zone short-dated bond yields hit fresh multi-year highs on Wednesday as new U.S. data fuelled expectations of a tighter monetary path, amid hawkish comments from the European Central Bank. Germany's 10-year government bond yield , the benchmark for the euro zone, rose 2 basis points (bps) to a fresh six-week high of 2.47%. It hit its highest level since August 2011 in January at 2.569%. For a full report, click on - - - - TOKYO - Japanese government bond yields were mostly steady on Wednesday, with investors largely shrugging off an overnight surge in U.S. yields amid Bank of Japan debt operations and expectations that the next central bank governor won't rush to change policy. Benchmark 10-year JGB futures rose 0.03 yen to 146.84 on the day, with the cash 10-year JGB untraded as of 0650 GMT. The yield on the benchmark note was last at 0.5%, the top of the BOJ's policy ceiling. For a full report, click on COMMODITIES GOLD - Gold prices dropped to their lowest in over a month on Wednesday, weighed down by a stronger dollar as better-than-expected U.S. economic data raised worries the Federal Reserve could hike interest rates further. Spot gold fell 1.1% to $1,834.68 per ounce by 1:11 p.m. ET (1811 GMT). U.S. gold futures were down 1.4% to $1,833.80. For a full report, click on - - - - IRON ORE - Dalian iron ore futures climbed on Wednesday, while the Singapore benchmark price for the steelmaking ingredient extended gains, following the Chinese central bank's move to inject additional liquidity into the banking system. Coking coal and coke rose 1.4% and 0.6%, respectively. For a full report, click on - - - - BASE METALS - Aluminium prices fell to a five-week low on Wednesday, pressured by weak demand in China and a rapid build-up of inventories in exchange warehouses. Benchmark aluminium on the London Metal Exchange (LME) was down 0.5% at $2,396.50 a tonne by 1700 GMT after touching $2,387.50, its lowest level since Jan. 9. For a full report, click on - - - - OIL - Oil prices were little changed on Wednesday after erasing earlier losses as the market discounted a big build in U.S. crude stocks due to a data adjustment, while forecasts for higher global oil demand growth were supportive. Brent futures rose 5 cents, or 0.1%, to $85.63 a barrel by 1:58 p.m. EST (1858 GMT), while U.S. West Texas Intermediate (WTI) crude fell 2 cents to $79.04. For a full report, click on - - - - PALM OIL - Malaysian palm oil fell on Wednesday as export data from cargo surveyors showing a slowdown and lower prices of rival edible oil weighed on sentiment. The benchmark palm oil contract for April delivery lost 0.53% to end the afternoon session at 3,935 ringgit ($896.36), after rising as much as 1.43% earlier in the day. For a full report, click on - - - - RUBBER - Japanese rubber futures slid on Wednesday, extending losses to a fourth consecutive session, tracking losses in the Shanghai market and weaker domestic equities, while falling crude prices added pressure. Osaka Exchange's (OSE) rubber contract for July delivery , finished 0.8 yen, or 0.4%, lower at 219.2 yen ($1.64) per kg, after hitting its lowest since Jan. 4 at 217.7 earlier in the session. For a full report, click on - - - - (Bengaluru Bureau; +91 80 6749 1130)
