Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,258.40 33.60 NZX 50** 11,894.58 101.25 DJIA** 32,751.18 -137.91 NIKKEI** 27,445.56 21.60 Nasdaq** 11,466.979 0.001 FTSE** 7,876.28 -58.83 S&P 500** 3,987.9 5.66 Hang Seng** 19,785.94 -157.57 SPI 200 Fut 7,181 -17.00 STI** 3,262.63 -0.61 SSEC** 3,279.6053 21.57 KOSPI** 2,412.85 10.21 -------------------------------------------------------------------------------------- -- Bonds Net Chng Bonds Net Chng JP 10 YR Bond 0.502 0.001 KR 10 YR Bond 3.751 0.143 AU 10 YR Bond 3.881 0.007 US 10 YR Bond 3.9161 -0.006 NZ 10 YR Bond 4.618 0.018 US 30 YR Bond 3.9254 0.006 -------------------------------------------------------------------------------------- --
Currencies Net Chng Net Chng SGD US$ 1.3479 0.0011 KRW US$ 1,320.77 3.37 AUD US$ 0.673 -0.0009 NZD US$ 0.6178 0.0012 EUR US$ 1.0581 -0.0026 Yen US$ 136.14 -0.06 THB US$ 35.19 0.19 PHP US$ 55.32 -0.19 IDR US$ 15,245 -20 INR US$ 82.64 -0.002 MYR US$ 4.485 0.009 TWD US$ 30.48 0.075 CNY US$ 6.9335 -0.0105 HKD US$ 7.8491 0.0051 -------------------------------------------------------------------------------------- --
Commodities Net Chng Net Chng Spot Gold 1,827.33 10.02 Silver (Lon) 20.926 0.3016 U.S. Gold Fut $1,836.70 11.8 Brent Crude 83.87 1.42 Iron Ore - - TRJCRB Index - - TOCOM Rubber JPY225.7 1.5 LME Copper 8,965.50 149 --------------------------------------------------------------------------------------- --
** indicates closing price
All prices as of 20:27 GMT
EQUITIES GLOBAL - Wall Street indexes and global equities were mixed on Tuesday and bonds wrapped up a difficult month with further yield increases, as more evidence of stubborn inflation added to expectations that central banks will keep rates high. MSCI's All-World index of global shares edged up about 0.1%, still around Friday's seven-week low. For a full report, click on - - - -
NEW YORK - U.S. stocks were subdued on the final trading day of February, leaving each of the three major indexes poised to close with monthly declines, as investors continue to assess the likelihood of high interest rates for an extended period of time. The Dow Jones Industrial Average fell 137.91 points, or 0.42%, to 32,751.18, the S&P 500 gained 5.66 points, or 0.14%, to 3,987.9 and the Nasdaq Composite added 54.39 points, or 0.47%, to 11,521.37. For a full report, click on - - - -
LONDON - European shares slipped on Tuesday after data from France and Spain pointed to inflation being stickier than feared, but still ended their second straight month higher supported by sharp gains in rate-sensitive banking stocks. The continent-wide STOXX 600 index slipped 0.3%, after closing sharply higher in the previous session. For a full report, click on - - - -
TOKYO - Japan's Nikkei share average shed most of its gains to end marginally higher on Tuesday as investors sold outperforming stocks to turn bargain hunters amid a lack of major triggers. The Nikkei index ended 0.08% higher at 27,445.56, after rising as much as 0.6%. The broader Topix inched up 0.03% to 1,993.28. For a full report, click on - - - -
SHANGHAI - Hong Kong shares declined on Tuesday to finish the month down 9.5%, the worst February performance since 1982, as investors took profit and partially shifted their exposure to the China A-share market while waiting for economic data confirming the recovery. China's blue-chip CSI 300 Index rose 0.63%, while the Shanghai Composite Index climbed 0.66%. For a full report, click on - - - -
AUSTRALIA - Australian shares are poised to open lower on Wednesday, following weak cues from Wall Street overnight and cautious sentiments on prospects of further interest rate hikes, with investors awaiting the local GDP data later in the day. The local share price index futures fell 0.2%, a 77.4-point discount to the underlying S&P/ASX 200 index close. The benchmark rose 0.5% on Tuesday.
For a full report, click on - - - -
SEOUL - South Korean shares rose on Tuesday, tracking Wall Street's overnight bounce, although the index ended the month lower as traders assessed the prospects of further monetary policy tightening in the United States. The benchmark KOSPI ended higher by 10.21 points, or 0.42%, at 2,412.85, after rising as much as 1.21%. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar was flat to slightly lower against major currencies on Tuesday in choppy trading, after a round of mainly weak economic data, but still on track for its first monthly gain since September, as investors wagered that interest rates will remain elevated for some time. The dollar index , which measures the currency against a basket of peers, was flat at 104.63, but was still set for a February gain of 2.4%, its first monthly increase since September. For a full report, click on - - - -
SHANGHAI - China's yuan strengthened on Tuesday following broad weakness in the U.S. dollar overnight, while market participants expected an upcoming survey to show growth in Chinese manufacturing activity, which would help boost sentiment toward the yuan. In the spot market, the yuan opened at 6.9515 per dollar and was changing hands at 6.9364 at midday, 69 pips firmer from the previous late session close. For a full report, click on - - - -
AUSTRALIA - The Australian and New Zealand dollars bounced from multi-month lows on Tuesday while reacting little to local data that showed the pulse of Australian consumers slowing in the face of accelerating inflation and rising interest rates. The Aussie was hovering at $0.6748, having falling as far as $0.6698 overnight - the lowest since Jan. 4 - before bouncing back to finish the session 0.2% higher.
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SEOUL - The Korean won strengthened, but logged its worst month in more than 11 years, while the benchmark bond yield jumped to its highest level since early January. The won ended onshore trade at 1,322.6 per dollar, 0.03% higher than its previous close. For a full report, click on - - - -
TREASURIES
NEW YORK - Treasury yields edged higher on Tuesday in anticipation the U.S. Federal Reserve will keep interest rates higher for longer to tame rising inflation as the market awaits February data on the consumer price index and strong labor market early next month. The yield on benchmark 10-year Treasury notes hit a fresh 11-week high of 3.983%. For a full report, click on - - - -
LONDON - Surprisingly strong inflation data lifted euro zone bond yields to their highest in more than a decade on Tuesday, and pushed expectations for the peak in the European Central Bank's (ECB) main interest rate to almost 4%. Germany's 10-year government bond yield , the bloc's benchmark, was last up 9 basis points (bps) to 2.676%, after hitting its highest since July 2011 at 2.71% earlier in the session.
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TOKYO - Japanese government bond yields fell on Tuesday on relief that incoming Bank of Japan leadership signalled no imminent changes in policy, while pent-up demand for longer tenors helped sentiment. The 10-year cash JGB yield was flat at 0.500%, the upper limit of the BOJ's policy ceiling under yield curve controls (YCC). For a full report, click on COMMODITIES
GOLD Gold prices on Tuesday were headed for their biggest monthly decline since June 2021 as a stronger dollar and fears that the U.S. Federal Reserve would keep raising interest rates weighed on the non-yielding asset's appeal. However, on Tuesday, spot gold rose 0.6% to $1,828.28 per ounce by 2:02 p.m. ET (1902 GMT), having earlier hit its lowest since late December at $1,804.20. U.S. gold futures firmed 0.7% to settle at $1,836.70. For a full report, click on - - - -
BASE METALS
Copper prices extended a rebound on Tuesday as speculators adjusted positions on hopes for a demand revival in top metals consumer China. Benchmark copper on the London Metal Exchange (LME) climbed 1.9% to $8,965.50 a tonne by 1700 GMT after gaining 1% on Monday. For a full report, click on - - - -
OIL
Oil prices rose nearly 2% on Tuesday, erasing the previous session's losses, as hopes for a strong economic rebound in China offset worries about U.S. interest rate hikes dragging down consumption in the world's biggest economy. Brent crude futures for April , which expired on Tuesday, settled higher by $1.44, or 1.8%, at $83.89 a barrel. The more active May contract LCOc2 rose $1.41, or 1.7%, to $83.45. U.S. West Texas Intermediate (WTI) crude futures gained $1.37, or 1.8%, to $77.05 a barrel. For a full report, click on - - - -
PALM OIL
Malaysian palm oil futures extended early losses on Tuesday on lacklustre exports and rising production, but were set for an 8.4% monthly gain as flood risk warnings raised concerns about output disruptions. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange closed down 89 ringgit, or 2.11%, at 4,136 ringgit ($922.19) a tonne. For a full report, click on - - - -
RUBBER
Japanese rubber futures rose on Tuesday, tracking stronger domestic equities, although they posted a monthly fall as lacklustre local factory output and global recessionary fears weighed on sentiment. The Osaka Exchange's (OSE) rubber contract for August delivery , finished 1.4 yen, or 0.6%, higher at 224.2 yen ($1.65) per kg. For a full report, click on - - - - (Bengaluru Bureau; +91 80 6749 1130)
