Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,255.40 3.80 NZX 50** 11,900.86 24.51 DJIA** 32,937.36 275.52 NIKKEI** 27,498.87 -17.66 Nasdaq** 11,379.484 FTSE** 7,944.04 29.11 S&P 500** 3,968.84 17.45 Hang Seng** 20,429.46 -190.25 SPI 200 Fut 7,226 24.00 STI** 3,234.9 -20.18 SSEC** 3,310.6536 -1.69 KOSPI** 0 0.00 -------------------------------------------------------------------------------------- -- Bonds Net Chng Bonds Net Chng JP 10 YR Bond 0.504 -0.002 KR 10 YR Bond 3.84 0.089 AU 10 YR Bond 3.933 0.083 US 10 YR Bond 4.0754 0.079 NZ 10 YR Bond 4.703 0.058 US 30 YR Bond 4.0256 0.073 -------------------------------------------------------------------------------------- --
Currencies Net Chng Net Chng SGD US$ 1.3477 0.0059 KRW US$ 1,312.42 7.01 AUD US$ 0.6731 -0.0028 NZD US$ 0.6221 -0.0042 EUR US$ 1.0596 -0.0069 Yen US$ 136.74 0.58 THB US$ 34.8 0.1 PHP US$ 55.06 0.08 IDR US$ 15,275 45 INR US$ 82.38 -0.05 MYR US$ 4.473 0.003 TWD US$ 30.63 0.042 CNY US$ 6.9193 0.0466 HKD US$ 7.8498 0.0004 -------------------------------------------------------------------------------------- --
Commodities Net Chng Net Chng Spot Gold 1,836.79 -0.0151 Silver (Lon) 20.9207 -0.0752 U.S. Gold Fut $1,840.40 2.74 Brent Crude 84.6 0.29 Iron Ore CNY912.5 4 TRJCRB Index - - TOCOM Rubber JPY230.7 -0.3 LME Copper $8,936 -188 --------------------------------------------------------------------------------------- --
** indicates closing price
All prices as of 20:26 GMT
EQUITIES GLOBAL - Stock markets were mixed on Thursday, pressured by rising bond market costs as stubbornly high European inflation and U.S. jobless claims data fuelled expectations of more global interest rate rises. MSCI's broadest index of world shares fell 0.3% to around seven-week lows. For a full report, click on - - - -
NEW YORK - U.S. stocks rose on Thursday as Treasury yields retreated from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank. The Dow Jones Industrial Average rose 275.52 points, or 0.84%, to 32,937.36, the S&P 500 gained 17.45 points, or 0.44%, to 3,968.84 and the Nasdaq Composite added 38.51 points, or 0.34%, to 11,418.00. For a full report, click on - - - -
LONDON - European shares rose on Thursday boosted by consumer staples and energy stocks, but data suggesting euro zone inflation remained stubbornly high bolstered fears of more European Central Bank rate rises. The continent-wide STOXX 600 reversed early losses and closed 0.5% higher. For a full report, click on - - - -
TOKYO - Japan's Nikkei share average ended listless on Thursday as a disappointing Tesla investor day event and the risk of a more-hawkish U.S. Federal Reserve offset support from a weaker yen. The Nikkei reversed early gains to end flat at 27,498.87, although the benchmark index remained around the middle of its trading range of the past five weeks. For a full report, click on - - - -
SHANGHAI - Hong Kong stocks slipped on Thursday after posting their biggest daily gain in nearly three months in the previous session, as Sino-U.S. tensions weighed on investor sentiment, while China shares inched higher ahead of a key parliamentary meeting. China's blue-chip CSI300 Index added 0.1% by the lunch break, and the Shanghai Composite Index gained 0.2% For a full report, click on - - - -
AUSTRALIA - Australian shares are on track to open higher on Friday, likely helped by miners on higher iron ore prices and positive cues from Wall Street overnight, with investors looking ahead to the local central bank policy meeting next week. The local share price index futures rose 0.3%, a 29.4-point discount to the underlying S&P/ASX 200 index close. The benchmark rose 0.1% on Thursday.
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SEOUL - South Korean shares rose on Thursday, belatedly tracking Asian peers' rally a day before on upbeat data from China, but the gains were capped by concerns about high inflation in the United States. The benchmark KOSPI ended 15.00 points, or 0.62%, higher at 2,427.85. During the session, the index temporarily turned lower, after hitting a session high at 1.15% higher than the previous close. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar strengthened on Thursday after unemployment claims pointed to a strong U.S. jobs market that along with other data showing growing labor costs indicates the Federal Reserve will keep interest rates higher for longer. The dollar index , a basket of major trading currencies, rose 0.469%. For a full report, click on - - - -
SHANGHAI - China's yuan weakened on Thursday as investors turned their focus back to the U.S. dollar after hawkish comments by a Federal Reserve official revived concerns that its restrictive interest rate policy would persist. The spot yuan opened at 6.8836 per dollar and was changing hands at 6.8947 at midday, 218 pips weaker than the previous late session close and 0.20% away from the midpoint. For a full report, click on - - - -
AUSTRALIA - The Australian and New Zealand dollars were trying to sustain a rally on Thursday as signs of a revival in Chinese demand bolstered commodity prices, while bonds took a knock from global inflation concerns. The Aussie was holding at $0.6758 , having bounced from a two-month low of $0.6695 overnight.
For a full report, click on - - - -
SEOUL - The Korean won strengthened, while the benchmark bond yield rose. The won ended onshore trade 0.53% higher at 1,315.6 per dollar, after gaining as much as 1.43%. For a full report, click on - - - -
TREASURIES
NEW YORK - U.S. Treasury yields continued to climb on Thursday after strong labor data reinforced concerns that the U.S. Federal Reserve will need to raise interest rates more to cool the economy. Benchmark 10-year yields were trading above 4% on Thursday and were last seen at 4.057%, their highest since November.
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LONDON - Euro zone government bond yields hovered around their highest in years on Thursday, after inflation data for the entire bloc largely confirmed consumer price figures for individual member states earlier in the week. Germany's 10-year government bond yield , the bloc's benchmark, was up 3 basis points at 2.743%, after hitting its highest since July 2011 at 2.77%. For a full report, click on - - - -
TOKYO - Yields on the longest Japanese government bonds rose on Thursday from multi-month lows amid pressure from elevated U.S. yields and as month-end buying by pension funds dried up. Benchmark 10-year JGB futures fell 2 yen to 146.67. The cash note had yet to trade, and last yielded 0.5%, the upper limit under the Bank of Japan's yield curve controls. For a full report, click on COMMODITIES
GOLD Gold prices edged lower on Thursday as the U.S. weekly jobs data hinted at a tight labour market that could keep the Federal Reserve on its rate-hiking cycle, underpinning the dollar and Treasury yields. Spot gold was down 0.1% at $1,835.03 per ounce by 01:48 p.m. ET (1848 GMT), after rising in the previous three sessions. U.S. gold futures settled 0.3% lower at $1,840.50. For a full report, click on - - - -
IRON ORE
Dalian iron ore futures extended gains for a second session on Thursday as market sentiment improved following the removal of production curbs in key steel-making cities and on better-than-expected manufacturing data from China. The most-traded May iron ore futures contract on the Dalian Commodity Exchange (DCE) ended daytime trade 1.56% higher at 912.5 yuan ($132.19)a tonne, the highest since Feb. 23. The contract gained nearly 2.5% in the previous session. For a full report, click on - - - -
BASE METALS
Copper prices retreated on Thursday on a firmer dollar and the possibility the United States may impose more sanctions on the world's biggest metals consumer China. Three-month copper on the London Metal Exchange (LME) slumped 1.8% to $8,936 a tonne by 1700 GMT after gaining 1.6% on Wednesday. For a full report, click on - - - -
OIL
Oil prices pared gains on Thursday as signs of a strong economic rebound in top crude importer China were offset by a stronger dollar and fears over the impact of potential increases to European and U.S. interest rates. Brent crude futures were unchanged at $84.31 a barrel by 12:38 p.m. EST (1738 GMT). U.S. West Texas Intermediate (WTI) crude futures gained 12 cents, or 0.2%, to $77.81. For a full report, click on - - - -
PALM OIL
Malaysian palm oil futures jumped to a more-than-three-month peak on Thursday, underpinned by flooding woes, a weaker ringgit, and as traders assessed the impact of India's removal of duty-free import quotas for sunflower oil. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange jumped 111 ringgit, or 2.65%, to 4,293 ringgit ($959.76) a tonne, its highest closing since Nov. 8. For a full report, click on - - - -
RUBBER
Japanese rubber futures on Thursday extended gains to a third session, tracking firmer Shanghai market as traders digested a stronger-than-expected factory activity growth in top buyer China, while a weaker yen also lent support. Osaka Exchange's rubber contract for August delivery , finished up 3.5 yen, or 1.5%, at 231.0 yen ($1.69) per kg. For a full report, click on - - - - (Bengaluru Bureau; +91 80 6749 1130)
