Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,236.00 13.00 NZX 50** 59.77 11,898.56
DJIA** 33,402.38 -198.77 NIKKEI** 28,287.42 99.27
Nasdaq** 12,126.33 -63.12 FTSE**
7,634.52 -38.48
S&P 500** 4,100.60 -23.91 Hang Seng**
20,274.59 -134.59
SPI 200 Fut STI**
7,252 -12.00 3,311.12 30.04
SSEC** KOSPI** 2,480.51 8.17
3,312.5578 16.16
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Bonds Net Chng Bonds Net Chng
JP 10 YR Bond KR 10 YR Bond
0.413 0.011 3.316 -0.076
AU 10 YR Bond US 10 YR Bond
3.219 -0.044 3.3386 -0.093
NZ 10 YR Bond US 30 YR Bond
4.078 -0.027 3.5948 -0.051
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Currencies Net Chng Net Chng
SGD US$ KRW US$
1.3256 -0.0012 1,309.59 1.01
AUD US$ NZD US$
0.6752 -0.00345 0.6311 0.0015
EUR US$ Yen US$
1.0956 0.0061 131.72 -0.69
THB US$ PHP US$
34 -0.2 54.355 -0.196
IDR US$ INR US$
14,895 -70 82.09 -0.1
MYR US$ TWD US$
4.404 -0.013 30.454 -0.007
CNY US$ HKD US$
6.8751 0.0004 7.8492 -0.0006
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Commodities Net Chng Net Chng
Spot Gold Silver (Lon)
2,020.5612 36.4555 24.9815 0.9865
U.S. Gold Fut 2,038.20 Brent Crude
2.0 85.17 0.24
Iron Ore CNY881.5 TRJCRB Index
-9 - -
TOCOM Rubber JPY210.8 LME Copper
0.3 8,720 -189.5
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** indicates closing price
All prices as of 20:42 GMT
EQUITIES GLOBAL - World stock indexes declined on Tuesday, with Wall Street well into negative territory in afternoon trading, while the U.S. dollar fell to a two-month low and Treasury yields eased after data suggesting a cooling in the U.S. labor market. The pan-European STOXX 600 index lost 0.08% and MSCI's gauge of stocks across the globe shed 0.32%. For a full report, click on - - - -
NEW YORK - Wall Street closed lower on Tuesday after evidence of a cooling economy exacerbated worries that the Federal Reserve's campaign to rein in decades-high inflation may cause a deep downturn. All three major indexes fell as data showed U.S. job openings in February dropped to the lowest level in nearly two years, suggesting that the labor market was cooling, while factory orders fell for a second straight month. For a full report, click on - - - -
LONDON - European shares slipped on Tuesday as heavyweight energy stocks fell on worries about demand for oil after weak economic data in the U.S, while euro zone producer prices declined for a fifth-consecutive month in February. The STOXX 600 index closed 0.1% lower, with oil and gas stocks reversing early gains and weighing on the pan-European index. For a full report, click on - - - -
TOKYO - Japan's Nikkei share average rose for a third straight session on Tuesday, led by energy related companies that tracked overnight strength of their U.S. peers, but the gains were small as investors struggled to find other market moving cues. The Nikkei index ended 0.35% higher at 28,287.42, while the broader Topix gained 0.25% to 2,022.76. For a full report, click on - - - -
SHANGHAI - Hong Kong shares fell on Tuesday, led by technology stocks, as elevated Sino-U.S. tensions dented sentiment. China's blue-chip CSI300 Index closed up 0.3%, while the Shanghai Composite Index gained 0.5%. For a full report, click on - - - -
AUSTRALIA - Australian shares are likely to fall at the open on Wednesday, taking their cue from a weaker overnight session on Wall Street after data suggested the U.S. economy was cooling.
The local share price index futures fell 0.2% , a 15.0-point premium to the underlying S&P/ASX 200 index close. The benchmark rose 0.2% on Tuesday. For a full report, click on - - - -
SEOUL - South Korean shares rose on Tuesday to close at a two-month high, as online platform operators and biopharmaceutical stocks gained. The benchmark KOSPI closed up 8.17 points, or 0.33%, at 2,480.51, marking the highest level since Feb. 9. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The U.S. dollar sank to a two-month low on Tuesday as another round of weak economic data reinforced investor bets that the Federal Reserve is nearly done with its tightening cycle even as other central banks are seen still raising interest rates to overcome persistently high inflation. In afternoon trading, the dollar index dropped to a two-month low of 101.45 and was last down 0.4% at 101.58. For a full report, click on - - - -
CHINA - China's yuan eased on Tuesday, as some domestic companies rushed to take advantage of an easing dollar, while market sentiment was cautious over possible escalations in Sino-U.S. tension. In the spot market, the yuan opened at 6.8771 to the dollar and was changing hands at 6.8842 by midday, or 72 pips weaker than the previous late session close. For a full report, click on - - - -
AUSTRALIA - The Australian dollar slipped on Tuesday after the country's central bank paused its 10-month tightening campaign while warning further rate rises may yet be needed, with bond yields falling as markets wagered that hikes were now over. The Aussie slipped 0.3% on the decision to $0.6762 , though that followed a 1.5% rally overnight when the U.S. dollar was stung by weak factory data. For a full report, click on - - - -
SEOUL - The Korean won gained marginally on Tuesday, while the benchmark bond yield fell. The benchmark KOSPI closed up 8.17 points, or 0.33%, at 2,480.51, marking the highest level since Feb. 9. For a full report, click on - - - -
TREASURIES
NEW YORK - Treasury yields slid on Tuesday after U.S. job openings dropped to the lowest level in nearly two years in February, suggesting to some the labor market is finally cooling and could allow the Federal Reserve to loosen its grip on monetary policy. The yield on two-year Treasuries, which typically moves in step with interest rate expectations, fell 14 basis points to 3.840%, while the benchmark 10-year note's yield slid 9 basis points to 3.342%. For a full report, click on - - - -
LONDON - Euro zone short-dated government bond yields dropped after an earlier rise on Tuesday, tracking moves in U.S. Treasuries as economic data suggested the labour market was cooling. Germany's 2-year bond yield , which is highly sensitive to changes in policy rate expectations, fell 2.5 basis points (bps) to 2.63% on Tuesday. For a full report, click on - - - -
TOKYO - Japan's 10-year government bond yield rose on Tuesday as an auction witnessed weak demand amid uncertainty about the Bank of Japan's ultra-low rate policy. The 10-year JGB yield rose 1 basis point (bp) to 0.375%, its highest since March 10. For a full report, click on COMMODITIES
GOLD Gold extended gains on Tuesday and crossed the key $2,000 level as the dollar and yields fell, while weaker U.S. economic data emboldened bets for slower rate hikes despite mounting concerns over oil-led inflation. Spot gold was up 1.7% at $2,017.92 per ounce by 2:00 p.m. EDT (1800 GMT), after reaching its highest since March 9 last year at $2,024.89 earlier. U.S. gold futures settled 1.9% higher at $2,038.20. For a full report, click on - - - -
IRON ORE
Dalian and Singapore iron ore futures fell for a second session on Tuesday, pressured by higher shipments, weak steel demand in the traditionally peak construction season and lingering concerns about government intervention. The most-traded May iron ore futures contract on the Dalian Commodity Exchange (DCE) ended daytime trading 2.06% lower at 881.5 yuan ($128.10) a tonne, the lowest since March 28. For a full report, click on - - - -
BASE METALS
Copper fell on Tuesday as weak U.S. economic data stoked concerns about the outlook for global growth and metals demand. Benchmark copper on the London Metal Exchange was down 2.2% at $8,720 a tonne at 1611 GMT, the biggest fall since March 15. For a full report, click on - - - -
OIL
Oil prices were little changed in choppy trading on Tuesday as investors weighed OPEC+ plans to cut more production against weak economic data from the United States and China that could suggest cooling oil demand. Brent crude futures settled 1 cent higher at $84.94 a barrel, while U.S. For a full report, click on - - - -
PALM OIL
Malaysian palm oil futures jumped on Tuesday, hitting their highest closing levels in nearly three weeks, as traders covered positions following a surge in crude prices. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange closed 85 ringgit higher, or 2.19%, to 3,969 ringgit ($901.23) a tonne. For a full report, click on - - - -
RUBBER
Japanese rubber futures on Tuesday saw their biggest daily drop in two weeks, as diminished demand on the back of a bleak global economic outlook offset support from higher crude prices. Osaka Exchange's rubber contract for September delivery , finished 3.3 yen, or 1.5%, lower at 210.5 yen ($1.59) per kg. For a full report, click on - - - - (Bengaluru Bureau; +91 80 6749 1130)
