Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 0 0.00 NZX 50** 11,868.79 -32.07 DJIA** 33,390.97 387.4 NIKKEI** 27,927.47 428.60 Nasdaq** 11,689.006 226.02 FTSE** 7,947.11 3.07 S&P 500** 4,045.64 64.29 Hang Seng** 20,567.54 138.08 SPI 200 Fut 7,298 63.00 STI** 3,232.02 -2.88 SSEC** 3,328.3927 17.74 KOSPI** 0 0.00 -------------------------------------------------------------------------------------- -- Bonds Net Chng Bonds Net Chng JP 10 YR Bond 0.505 0.001 KR 10 YR Bond 3.772 -0.005 AU 10 YR Bond 3.847 -0.058 US 10 YR Bond 3.9576 0 NZ 10 YR Bond 4.685 -0.045 US 30 YR Bond 3.8776 0 -------------------------------------------------------------------------------------- --
Currencies Net Chng Net Chng SGD US$ 0 0 KRW US$ 1,295.73 -15.24 AUD US$ 0.6745 -0.00235 NZD US$ 0.621 -0.0012 EUR US$ 1.0632 0.0036 Yen US$ 135.95 0.09 THB US$ 34.47 -0.35 PHP US$ 54.75 0 IDR US$ 15,295 20 INR US$ 81.68 -0.67 MYR US$ 4.473 0 TWD US$ 30.627 -0.003 CNY US$ 6.9015 -0.0074 HKD US$ 7.8496 0.0007 -------------------------------------------------------------------------------------- --
Commodities Net Chng Net Chng Spot Gold 1,854.99 18.9896 Silver (Lon) 21.2406 0.3516 U.S. Gold Fut 1,854.60 14.10 Brent Crude 0 0 Iron Ore CNY919 6.5 TRJCRB Index - - TOCOM Rubber JPY230.1 0.3 LME Copper 8,956.50 20.50 --------------------------------------------------------------------------------------- --
** indicates closing price
All prices as of 20:34 GMT
EQUITIES GLOBAL - Wall Street stocks posted strong gains while Treasury yields and the dollar pulled back on Friday as data pointing to U.S. economic growth boosted risk appetite, even as expectations for rate hikes kept bond yields near multi-year highs. The MSCI world equity index , which tracks shares in 47 countries, jumped 1.47% on the day, up 5.8% for the year. For a full report, click on - - - -
NEW YORK - Wall Street rallied on Friday to end a volatile week, as U.S. Treasury yields eased and economic data helped investors look past the growing likelihood that the Federal Reserve will have to keep its restrictive policy in place until late in the year. The Dow Jones Industrial Average rose 387.4 points, or 1.17%, to 33,390.97, the S&P 500 gained 64.29 points, or 1.61%, to 4,045.64 and the Nasdaq Composite added 226.02 points, or 1.97%, to 11,689.01. For a full report, click on - - - -
LONDON - European shares rose on Friday as hopes the U.S. Federal Reserve could adopt a measured approach to rate hikes lifted the technology sector, while miners extended their rally on growing bets for a demand recovery in China. The continent-wide STOXX 600 rose 0.9%, with rate-sensitive tech stocks up 1.8%. For a full report, click on - - - -
TOKYO - Japan's Nikkei index closed at a nearly three-month high on Friday after Wall Street finished higher overnight, with Fast Retailing providing the biggest boost on robust monthly same-store sales at its Uniqlo brand. The Nikkei rose 1.56% to close at 27,927.47, its highest level since Dec. 15, and marked the sharpest daily gain since Jan. 18. The index rose 1.73% in the week. For a full report, click on - - - -
SHANGHAI - China and Hong Kong shares rose on Friday, led by semiconductors and tech stocks, as a private sector survey confirmed prospects of a strong recovery in the world's second-biggest economy. China's blue-chip CSI300 Index climbed 0.31%, while the Shanghai Composite Index gained 0.54%, closing at its highest level year-to-date. For a full report, click on - - - -
AUSTRALIA - Australian shares are to set to open higher on Monday following Wall Street's strong close last week, while investors await the Reserve Bank of Australia's monitory policy decision on Tuesday.
The local share price index futures rose 0.9%, a 14.4-point premium to the underlying S&P/ASX 200 index close. The benchmark shed 0.3% last week.
For a full report, click on - - - -
SEOUL - South Korean shares edged higher on Friday to post their first weekly gain in five, even as concerns lingered about more interest rate hikes by the U.S. Federal Reserve. The benchmark KOSPI ended up 4.22 points, or 0.17%, at 2,432.07. For the week, it gained 0.35%. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The U.S. dollar slid from a 2-1/2-month high versus the Japanese yen on Friday, on track for its largest weekly loss since mid-January against a basket of six major currencies, as traders stepped back to gauge the path for Federal Reserve policy. The dollar index , which measures the greenback's value against six major currencies, fell 0.3% to 104.60, from as high as 105.36 at the start of the week, its strongest level since Jan. 6. So far this week, the index has slid 0.5%, on pace for its biggest percentage fall since the week of Jan. 15. For a full report, click on - - - -
SHANGHAI - China's yuan inched higher against an easing dollar on Friday and looked set for the first weekly gain since mid-January, underpinned by expectations Beijing will set an ambitious growth target for this year. In the spot market, the onshore yuan opened at 6.8940 per dollar and was changing hands at 6.9060 at midday, 133 pips firmer than the previous late session close. For a full report, click on - - - -
AUSTRALIA - The Australian dollar steadied a little on Friday as traders digested comments from Federal Reserve officials and robust U.S. data, while also looking to China's upcoming parliament meeting for new economic support. The Aussie was up 0.3% at $0.6748 , having shed 0.4% to as far as $0.6707 overnight, not far away from its January low of $0.6689. It needs to clear the 200-day moving average at $0.6792 to keep the recovery going. For a full report, click on - - - -
SEOUL - The won on Friday posted a sharp gain of more than 1% against the dollar on perception that the sell-off seen over the past three consecutive weeks was excessive. In offshore trading, the won was quoted at 1,301.4 per dollar, up 0.7% on the day, while in non-deliverable forward trading its one-month contract was quoted at 1,299.4. For a full report, click on - - - -
TREASURIES
NEW YORK - Treasury yields slipped on Friday after hitting new highs this week as they met resistance following comments a day earlier from Federal Reserve officials that temporarily calmed fears around the direction of inflation and interest rates. The yield on 10-year notes slid 10.6 basis points to 3.967%, while two-year yields, which are sensitive to interest rate expectations, fell 4.1 basis points to 4.863%. For a full report, click on - - - -
LONDON - Germany's 10-year yield was set for its biggest weekly rise since December after sticky inflation data drove market expectations for the European Central Bank terminal rate to around 4%. Germany's 10-year yield , the bloc's benchmark, was down 4 basis points (bps) at 2.72% by 1630 GMT, after hitting its highest since July 2011 at 2.77% on Thursday. For a full report, click on - - - -
TOKYO - Japan's 10-year government bond yield breached the Bank of Japan's policy ceiling for the first time in a week on Friday in the run-up to the central bank's policy meeting next week. The 10-year government bond yield rose 0.5 basis points (bps) to 0.505%, crossing the BOJ's policy ceiling for the first time since Feb. 22. It last traded at 0.500%. For a full report, click on COMMODITIES
GOLD Gold prices climbed to a two-week high on Friday and were heading for their first weekly rise in five as a pullback in the U.S. dollar and Treasury yields offered some respite from prospects of more rate hikes from the Federal Reserve. U.S. gold futures settled 0.8% higher at $1,854.60. For a full report, click on - - - -
IRON ORE
Dalian iron ore futures hit an eight-month high on Friday, driven by favourable fundamentals and optimism about future steel demand. The most-traded May iron ore futures contract on the Dalian Commodity Exchange (DCE) ended daytime trade 1.04% higher at 919 yuan ($133.15) a tonne, a peak since July 2022. For a full report, click on - - - -
BASE METALS
Copper prices on Friday headed for their biggest weekly gain since early January as strong economic data in top consumer China raised demand hopes. Benchmark copper on the London Metal Exchange (LME) was roughly unchanged at $8,956.50 a tonne at 1717 GMT and up around 2.8% for the week. For a full report, click on - - - -
OIL
Oil prices recovered from a brief sell-off to gain by more $1 per barrel on Friday and ended the week higher, driven by renewed optimism around demand from top oil importer China. Brent crude futures rose $1.08, or 1.3%, to settle at $85.83 a barrel. U.S. West Texas Intermediate (WTI) crude futures settled at $79.68 a barrel, up by $1.52, or 1.9%. Both benchmarks posted their highest closing levels since Feb. 13. For a full report, click on - - - -
PALM OIL
Malaysian palm oil futures rose on Friday to clock a fourth straight weekly rise, lifted by a survey pegging tighter production and stockpile, even as floods raised supply worries in the world's second-largest producer. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange advanced 63 ringgit, or 1.47%, to 4,357 ringgit ($974.07) a tonne, its highest closing since Nov. 8. For a full report, click on - - - -
RUBBER
Japanese rubber futures fell on Friday, as a firmer yen made the commodity less affordable for buyers holding other currencies, but marked a weekly rise. Osaka Exchange's rubber contract for August delivery , finished 1.2 yen, or 0.5%, lower at 229.8 yen ($1.68) per kg. For a full report, click on - - - - (Bengaluru Bureau; +91 80 6749 1130)
