Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,311.10 3.30 NZX 50** 11,826.15 -29.39 DJIA** 32,493.81 -304.59 NIKKEI** 28,623.15 178.96 Nasdaq** 11,576.004 -0.002 FTSE** 7,879.98 -49.94 S&P 500** 3,946.69 -45.32 Hang Seng** 19,925.74 -125.51 SPI 200 Fut 7,260 -60.00 STI** 3,214.51 -12.35 SSEC** 3,276.0937 -7.15 KOSPI** 2,419.09 -12.82 -------------------------------------------------------------------------------------- -- Bonds Net Chng Bonds Net Chng JP 10 YR Bond 0.502 0.001 KR 10 YR Bond 3.742 0.019 AU 10 YR Bond 3.672 -0.04 US 10 YR Bond 3.9306 -0.045 NZ 10 YR Bond 4.525 -0.04 US 30 YR Bond 3.8858 0.009 -------------------------------------------------------------------------------------- --
Currencies Net Chng Net Chng SGD US$ 1.3525 -0.0011 KRW US$ 1,325.21 8.83 AUD US$ 0.6585 -0.0005 NZD US$ 0.6101 -0.0004 EUR US$ 1.0576 0.0032 Yen US$ 136.15 -1.19 THB US$ 35 -0.06 PHP US$ 55.17 -0.18 IDR US$ 15,420 -10 INR US$ 82.02 0.07 MYR US$ 4.519 -0.004 TWD US$ 30.81 0.02 CNY US$ 6.963 0.0134 HKD US$ 7.8498 0.0001 -------------------------------------------------------------------------------------- --
Commodities Net Chng Net Chng Spot Gold 1,829.3 15.71 Silver (Lon) 20.0021 0.0032 U.S. Gold Fut $1,834.60 16 Brent Crude 81.53 -1.13 Iron Ore CNY916.5 4.5 TRJCRB Index - - TOCOM Rubber JPY221.6 0 LME Copper $8,848.50 -54.5 --------------------------------------------------------------------------------------- --
** indicates closing price
All prices as of 20:16 GMT
EQUITIES GLOBAL - Wall Street reversed an earlier advance on Thursday, weighed down by bank stocks and jitters ahead of Friday's employment report, while Treasury yields eased and the dollar softened on signs that the Federal Reserve's restrictive monetary policy is beginning to work as intended. MSCI's gauge of stocks across the globe shed 0.75%. For a full report, click on - - - -
NEW YORK - Wall Street fell on Thursday, with bank stocks dragging all three major stock indexes down as investors worried that a jobs report on Friday could spur aggressive interest rate hikes by the Federal Reserve. The Dow Jones Industrial Average fell 304.59 points, or 0.93%, to 32,493.81, the S&P 500 lost 45.32 points, or 1.14%, to 3,946.69 and the Nasdaq Composite dropped 158.94 points, or 1.37%, to 11,417.07. For a full report, click on - - - -
LONDON - European shares ended lower on Thursday, with real estate stocks leading the falls, as investors grew increasingly worried about the prospects of interest rates remaining higher for longer. The STOXX 600 index closed down 0.2% after recouping some of its losses earlier in the trading session. For a full report, click on - - - -
TOKYO - Japan's Nikkei share average hit a 6-1/2-month high on Thursday, extending gains for a fifth straight session, as a less-hawkish Federal Reserve outlook and expectations for no imminent change to Bank of Japan stimulus buoyed risk sentiment. The Nikkei ended the day 0.63% higher at 28,623.15. Earlier in the session, the index scaled 28,734.79, its highest since Aug. 26, 2022. For a full report, click on - - - -
SHANGHAI - China and Hong Kong stocks fell on Thursday as a slowdown in consumer inflation pointed to a weak economic recovery, while lingering geopolitical tensions curbed risk appetite. China's blue-chip CSI 300 Index closed down 0.4%, while the Shanghai Composite Index lost 0.2%. For a full report, click on - - - -
AUSTRALIA - Australian shares were expected to open lower on Friday tracking overnight losses on Wall Street as investors feared U.S. jobs report due to come in later in the day could lead to aggressive interest rate hikes by the Federal Reserve.
The local share price index futures fell 0.83%, a 52.1-point discount to the underlying S&P/ASX 200 index close. The benchmark rose 0.1% on Thursday.
For a full report, click on - - - -
SEOUL - South Korean shares fell for a second day in a row on Thursday, weighed down by battery makers' sharp losses and on caution ahead of U.S. employment data.
The benchmark KOSPI closed down 12.82 points, or 0.53%, at 2,419.09, adding to its 1.28% loss on Wednesday. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar dipped on Thursday after data showed that U.S. jobless claims rose more than expected last week, raising hopes that a softening labor market will reduce the likelihood of the Federal Reserve reaccelerating the pace of its rate hikes. The dollar was last down 0.30% against a basket of currencies at 105.29. It is down from a three-month high of 105.88 on Wednesday.
For a full report, click on - - - -
SHANGHAI - The yuan weakened on Thursday after China's posted the slowest annual consumer price inflation in a year, fanning doubts about the pace of economic recovery, at a time when investors are concerned that U.S. interest rates could be raised more aggressively. The spot yuan opened at 6.9600 per dollar and was changing hands at 6.9671 at midday, 106 pips weaker than the previous late session close and 0.01% away from the midpoint. For a full report, click on - - - -
AUSTRALIA - The Australian and New Zealand dollars were pinned down near four-month lows on Thursday as hawkish comments from Federal Reserve Chair Jerome Powell and caution ahead of U.S. payrolls data left bears in control. The Aussie hovered around $0.6585, the lowest rate since early November and a support level it has bounced off in the past two sessions. Overnight, it erased most of its Wednesday gains, having rallied as high as $0.6628. For a full report, click on - - - -
SEOUL - The Korean won inched lower, while the benchmark bond yield rose. The won ended onshore trade at 1,322.2 per U.S. dollar, 0.06% lower than its previous close at 1,321.4. For a full report, click on - - - -
TREASURIES
NEW YORK - Shorter-dated U.S. Treasury yields dipped on Thursday, after labor market data showed weekly initial jobless claims rose more than expected last week, giving hope the Federal Reserve may now have the cushion to refrain from dialing up the pace of interest rate hikes. The yield on 10-year Treasury notes was up 0.4 basis points at 3.980%. For a full report, click on - - - -
LONDON - Euro zone bond yields edged down on Thursday but stayed close to the multi-year highs struck as investors revised upwards expectations for the European Central Bank rate-hiking path. Germany's 10-year yield , the benchmark for the euro area, was last flat at 2.64%, just below 2.77%, its highest since 2011, reached earlier this month. For a full report, click on - - - -
TOKYO - Japan's 10-year government bond yield bounced back to the top end of the Bank of Japan's (BOJ) policy ceiling on Thursday, as investors were cautious ahead of any surprise tweak in the central bank's ultra-loose policy. The 10-year JGB yield rose to 0.500%, after falling below the cap to 0.495% in the previous session for the first time in nearly a month. For a full report, click on COMMODITIES
GOLD Gold jumped on Thursday as the dollar retreated, after data showed U.S. jobless claims grew more than expected last week, providing some hope to investors that the Federal Reserve's interest rate hikes could be less aggressive than feared. Spot gold gained 1.1% to $1,832.75 per ounce, as of 2:19 p.m. ET (1919 GMT). U.S. gold futures rose 0.9% to settle at $1,834.60. For a full report, click on - - - -
IRON ORE
Dalian and Singapore iron ore futures reversed course to trade higher on Thursday afternoon, as data showing higher steel output lifted sentiment. The most-traded May iron ore futures contract on China's Dalian Commodity Exchange ended daytime trading 0.6% higher at 916.5 yuan ($131.45)a tonne. For a full report, click on - - - -
BASE METALS
Copper prices retreated on Thursday after economic data in China underlined worries about sluggish demand in the top metals consumer while rising U.S. interest rates also remain on the radar. Three-month copper on the London Metal Exchange (LME) fell 0.7% to $8,848.50 a tonne by 1700 GMT after rising by 1.7% on Wednesday. For a full report, click on - - - -
OIL
Oil prices were little changed on Thursday as a big jump in U.S. unemployment claims increased recession worries but also caused the dollar to decline on a rising likelihood the Federal Reserve may not speed up the pace of its interest rate hikes. Brent futures were up 2 cents to $82.68 a barrel by 12:28 p.m. EST (1728 GMT), while U.S. West Texas Intermediate (WTI) crude rose 3 cents to $76.69. For a full report, click on - - - -
PALM OIL
Malaysian palm oil futures reversed early losses on Thursday, snapping a three-day decline as traders shifted their focus to the upcoming palm oil board data, after a highly-anticipated conference in Kuala Lumpur did not indicate a clear price trend. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange closed up 24 ringgit, or 0.57%, to 4,204 ringgit ($930.29) a tonne. For a full report, click on - - - -
RUBBER
Japanese rubber futures edged lower on Thursday, as traders weighed indicators of stock market strength with a stronger yen and expectations of further U.S. interest rate hikes. Osaka Exchange's rubber contract for August delivery , finished 0.9 yen, or 0.4%, lower at 221.6 yen ($1.62) per kg. For a full report, click on - - - - (Bengaluru Bureau; +91 80 6749 1130)
