Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,034.10 72.10 NZX 50** 158.41
11,771.27
DJIA 32,370.47 -61.61 NIKKEI** 27,518.25 41.38
Nasdaq FTSE**
11,673.825 -95.01 7,484.25 12.48
S&P 500 3,965.09 -12.44 Hang Seng**
19,784.65 216.96
SPI 200 Fut STI**
7,024.00 -30.00 3,255.54 16.51
SSEC** KOSPI**
3,245.38 -6.02 2,434.94 25.72
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.333 0.014 3.281 0.024
AU 10 YR Bond US 10 YR Bond
3.349 0.037 3.562 0.034
NZ 10 YR Bond US 30 YR Bond
4.105 0 3.7845 0.024
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Currencies
SGD US$ KRW US$
1.3276 -0.0034 1,297.85 -0.07
AUD US$ NZD US$
0.6704 0.0053 0.625 0.0056
EUR US$ Yen US$
1.0841 0.0045 130.76 -0.8
THB US$ PHP US$
34.2 -0.21 54.342 0.202
IDR US$ INR US$
15,085 -70 82.172 -0.008
MYR US$ TWD US$
4.398 -0.021 30.385 0.013
CNY US$ HKD US$
6.8755 -0.004 7.8498 0
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Commodities
Spot Gold Silver (Lon)
1,974.29 17.7306 23.3333 0.2383
U.S. Gold Fut 1,973.50 Brent Crude
19.1 78.77 0.65
Iron Ore CNY882 TRJCRB Index
8.5 - -
TOCOM Rubber JPY210.4 LME Copper 8,985.50
0.4 33
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** indicates closing price
All prices as of 19:04 GMT
EQUITIES GLOBAL - The S&P 500 inched lower on Tuesday after the previous session's gains while Treasury yields rose with gold for a second consecutive day with investors still wary of banks and the economy in the absence of strong positive catalysts. The pan-European STOXX 600 index lost 0.03% and MSCI's gauge of stocks across the globe gained 0.20%. For a full report, click on - - - -
NEW YORK - Wall Street struggled for direction on Tuesday as investors weighed receding concerns about a banking crisis, while Treasury yields rose amid focus on Federal Reserve's interest rate trajectory. At 11:59 a.m. ET, the Dow Jones Industrial Average was up 83.69 points, or 0.26%, at 32,515.77, the S&P 500 was down 2.49 points, or 0.06%, at 3,975.04, and the Nasdaq Composite was down 63.64 points, or 0.54%, at 11,705.20. For a full report, click on - - - -
LONDON - European stocks were flat on Tuesday after struggling for direction amid lingering fears of a deeper crisis brought on by the collapse of Credit Suisse and two U.S. banks. The continent-wide STOXX 600 index closed flat, after rising as much as 0.8% during the day. For a full report, click on - - - -
TOKYO - Japanese shares ended higher on Tuesday as bank stocks rose after worries over the global financial system eased, following a deal for the assets of failed U.S. lender Silicon Valley Bank by peer First Citizens BancShares. The Nikkei edged up 0.15% to close at 27,518.25, while the broader Topix ended 0.25% higher at 1,966.67. For a full report, click on - - - -
SHANGHAI - Hong Kong stocks rose on Tuesday, as investor fears of deeper banking stress were eased after failed Silicon Valley Bank secured a buyer. Chinese shares, however, were dragged lower by information technology companies. Hong Kong's benchmark Hang Seng Index climbed 1.1%, and the China Enterprises Index added 1.2% For a full report, click on - - - -
AUSTRALIA - A rally in lithium and commodity stocks, and a strong rebound in financials helped Australian shares close higher on Tuesday, while the sentiment was also aided by reduced fears of a full-blown global financial crisis. The S&P/ASX 200 index finished 1% higher at 7,034.1 points, its best close in nine sessions. For a full report, click on - - - -
SEOUL - South Korean shares rose 1% on Tuesday to their highest in three weeks as worries over global banking troubles eased after an acquisition deal for U.S.-based Silicon Valley Bank (SVB). The benchmark KOSPI ended up 25.72 points, or 1.07%, at 2,434.94, hitting its highest closing level since March 7. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The U.S. dollar fell against a basket of currencies for a second straight day on Tuesday as easing worries about a banking crisis revived investors' appetite for riskier currencies. The dollar index , which measures the currency against six rivals, was 0.18% lower on the day at 102.57, inching closer to the near seven-week low of 101.91 touched on Thursday. For a full report, click on - - - -
SHANGHAI - China's yuan weakened on Tuesday while holding to a narrow range, as investors waited on the sidelines for further evidence that the country is on track for a solid economic recovery after recent data gave mixed signals. The spot yuan rate opened at 6.8700 per dollar and was changing hands at 6.8816 at midday, 21 pips weaker than the previous late session close and 0.10% weaker than the midpoint. For a full report, click on - - - -
AUSTRALIA - The Australian and New Zealand dollars edged higher on Tuesday as a lack of negative news in banks helped lift riskier assets, while domestic data was subdued enough to support market wagers for a pause in Australian rate rises. The Aussie added 0.4% to $0.6680 , tracking gains in global share markets. Support lies at $0.6625 with resistance around $0.6695 and $0.6755. For a full report, click on - - - -
SEOUL - The Korean won strengthened on Tuesday, while the benchmark bond yield rose. The won ended onshore trade at 1,298.8 per dollar, 0.21% higher than its previous close at 1,301.5. For a full report, click on - - - -
TREASURIES
NEW YORK - U.S. Treasury yields fell from session highs on Tuesday after the Treasury Department saw solid demand for an auction of five-year notes. Benchmark 10-year yields were last up one basis point on the day at 3.541%. For a full report, click on - - - -
LONDON - Euro zone government bond yields rose on Tuesday extending the previous day's move, as measures to ensure stability in the banking sector calmed financial markets, and expectations of the European Central Bank terminal rate stabilised. Germany's 10-year government bond yield , the bloc's benchmark, rose 7 basis points (bps) to 2.30%. For a full report, click on - - - -
TOKYO - Japan's 40-year government bond yield fell sharply on Tuesday after an auction drew strong demand, while yields on some shorter notes tracked U.S. Treasury peers higher. The 40-year JGB yield fell 7 basis points (bps) to 1.550%. For a full report, click on COMMODITIES
GOLD Gold prices rose on Tuesday, drawing support from a weaker U.S. dollar even as higher bond yields and easing worries about a full-blown banking crisis limited gains for the safe-haven asset. Following two sessions of declines, spot gold gained 0.7% to $1,970.88 per ounce by 1:40 p.m. EDT (1740 GMT). U.S. gold futures settled 1% higher at $1,973.50. For a full report, click on - - - -
IRON ORE
Iron ore futures extended their rebound on Tuesday as easing worries about the banking sector lifted steel price benchmarks in Shanghai, though lingering concern about demand prospects in top steel producer China limited gains. The most-traded May iron ore on China's Dalian Commodity Exchange ended daytime trade 1.8% higher at 882 yuan ($128.11) a tonne.
For a full report, click on - - - -
BASE METALS
Nickel prices touched a three-week high on Tuesday, boosted by dwindling inventories and short-covering by speculators, but expectations of rising supply from Indonesia curbed the upside. LME three-month copper rose 0.2% to $8,985.50 a tonne. For a full report, click on - - - -
OIL
Crude prices rose about $1 a barrel on Tuesday, extending sharp gains from the previous session on supply disruption risks from Iraqi Kurdistan and hopes that banking sector turmoil is contained. Brent crude futures gained $1, or 1.3%, to $79.12 a barrel by 1:18 p.m. EDT (1718 GMT). For a full report, click on - - - -
PALM OIL
Malaysian palm oil futures rose more than 3% on Tuesday to their highest closing in one week, tracking strength in rival edible oils and on expectations of tightening supply. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange closed up 114 ringgit, or 3.19%, to 3,690 ringgit ($839.02) a tonne. For a full report, click on - - - -
RUBBER
Japanese rubber futures ended lower on Tuesday, after their biggest daily gain in the previous session since Jan. 2022, as a rising yen and falling oil prices dampened recovering trader sentiment. Osaka Exchange's rubber contract for September delivery , finished 0.7 yen, or 0.3%, lower at 210.0 yen ($1.60) per kg.
For a full report, click on - - - -
(Bengaluru Bureau; +91 80 6749 1130)
