Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** NZX 50** -31.73
7,237.20 1.20 11,866.83
DJIA 33,474.72 72.34 NIKKEI** 27,813.26 -474.16
Nasdaq FTSE**
11,981.888 -144.44 7,662.94 28.42
S&P 500 4,084.32 -16.28 Hang Seng**
20,274.59 -134.59
SPI 200 Fut STI**
7,253.00 -8.00 3,318.87 7.75
SSEC** KOSPI**
3,312.56 16.16 2,495.21 14.70
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.474 0.001 3.327 0.011
AU 10 YR Bond US 10 YR Bond
3.219 -0.028 3.2886 -0.048
NZ 10 YR Bond US 30 YR Bond
4.04 0 3.5599 -0.034
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Currencies
SGD US$ KRW US$
1.3284 0.0027 1,316.77 6.69
AUD US$ NZD US$
0.67165 -0.00365 0.6312 0.0002
EUR US$ Yen US$
1.09 -0.0052 131.09 -0.6
THB US$ PHP US$
33.96 -0.08 54.43 0.075
IDR US$ INR US$
14,920 25 81.93 -0.16
MYR US$ TWD US$
4.397 -0.007 30.454 -0.007
CNY US$ HKD US$
6.8751 -0.0019 7.8499 0.0006
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Commodities
Spot Gold Silver (Lon)
2,022.28 2.3098 24.9677 -0.0473
U.S. Gold Fut 2,036.40 Brent Crude
-1.8 85.22 0.28
Iron Ore - TRJCRB Index
- - -
TOCOM Rubber JPY209.3 LME Copper 8,665
-1.7 -65
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** indicates closing price
All prices as of 18:30 GMT
EQUITIES GLOBAL - U.S. stocks were lower on Wednesday and benchmark Treasury yields softened as a batch of data fueled looming worries that restrictive central bank policies could push the global economy into recession. The pan-European STOXX 600 index lost 0.22% and MSCI's gauge of stocks across the globe shed 0.44%. For a full report, click on - - - -
NEW YORK - The S&P 500 and the Nasdaq fell on Wednesday as a slew of weak economic data deepened worries that the rapid interest rate hikes by the Federal Reserve may tip the U.S. economy into a recession. At 11:39 a.m. ET, the Dow Jones Industrial Average was up 80.99 points, or 0.24%, at 33,483.37, the S&P 500 was down 13.72 points, or 0.33%, at 4,086.88, and the Nasdaq Composite was down 145.17 points, or 1.20%, at 11,981.16. For a full report, click on - - - -
LONDON - European shares fell on Wednesday as investors maintained a cautious stance after data signalled a slower-than-expected pick-up in the euro zone's economic recovery. The pan-European STOXX 600 index slipped 0.2%, with industrial goods and services dropping 2.1%. For a full report, click on - - - -
TOKYO - Japan's Nikkei share average tumbled on Wednesday to its first loss in four days as a stronger yen and fears of a U.S. recession hit auto and energy stocks. The Nikkei extended declines in the afternoon session to end down 1.68% at 27,813.26, plunging below the psychological 28,000 mark for the first time this month. For a full report, click on - - - -
SHANGHAI - Both the Dalian Commodity Exchange (DCE) and the Shanghai Futures Exchange (ShFE) were closed on Wednesday April 5 for the one-day Tomb Sweeping Day holiday in China. For a full report, click on - - - -
AUSTRALIA - Australian shares closed little changed in range-bound trade on Wednesday, with gains in gold miners countering losses in base metals and energy firms, while New Zealand stocks fell after the central bank delivered a bigger-than-expected rate hike. The S&P/ASX 200 index finished 0.02%, or 1.2 points, higher at 7,237.20, its highest close since March 9. The benchmark inched 0.2% higher on Tuesday. For a full report, click on - - - -
SEOUL - South Korean shares rose to their highest in more than seven months on Wednesday, with battery makers leading the gains.
The benchmark KOSPI ended up 14.70 points, or 0.59%, at 2,495.21, marking the highest close since Aug. 18, 2022. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar edged higher on Wednesday, recovering from two-month lows hit the previous session, as investors lightened their short positions to book profits ahead of the all-important U.S. non-farm payrolls report on Friday. In late morning trading, the dollar index rose 0.2% to 101.75 , led by gains against the euro, which fell 0.3% to $1.0925 . For a full report, click on - - - -
SHANGHAI - Both the Dalian Commodity Exchange (DCE) and the Shanghai Futures Exchange (ShFE) were closed on Wednesday April 5 for the one-day Tomb Sweeping Day holiday in China. For a full report, click on - - - -
AUSTRALIA - New Zealand's dollar jumped on Wednesday after an unexpectedly big interest rate hike by its central bank, while the Australian dollar gave up earlier gains after the Reserve Bank of Australia hit the pause button on rate hikes - for now. The kiwi rallied as much as 1.1% to $0.6383, before retreating a little to $0.6347, as markets shifted focus to the bank's dovish forward guidance after the rate hike shock. Resistance now lies at $0.6390, while support is at $0.6270. For a full report, click on - - - -
SEOUL - The Korean won strengthened on Wednesday, while the benchmark bond yield was little changed. The won ended onshore trade KRW=KFTC at 1,310.5 per dollar, 0.40% higher than its previous close at 1,315.8. For a full report, click on - - - -
TREASURIES
NEW YORK - Treasuries yields slid further on Wednesday after reports on private payrolls and the U.S. services sector pointed to a cooling economy and added to market speculation that the Federal Reserve might pause its hiking of interest rates in May. The two-year Treasury yield, which typically moves in step with interest rate expectations, fell 13 basis points to 3.704%, and the yield on benchmark 10-year notes slid 4.7 basis points to 3.290%. For a full report, click on - - - -
LONDON - Euro zone government bond yields fell on Wednesday after more soft U.S. data suggested the Federal Reserve's fight against inflation is starting to take hold, allowing the central bank to loosen its grip on monetary policy. Germany's 10-year government bond yield , the bloc's benchmark, was down 9 basis points (bps) at 2.174%. Its 2-year bond yield , the most sensitive to expectations for policy rates, was down 12 bps at 2.509%. For a full report, click on - - - -
TOKYO - Japanese government bond futures ticked higher on Wednesday, taking cues from a U.S. bond rally overnight, but cash JGBs were mixed with superlong bonds underperforming other tenors ahead of an auction of 30-year securities. The benchmark 10-year JGB futures were up 0.09 yen at 147.57, as of 0445 GMT, and earlier rose as much as 0.31 yen. For a full report, click on COMMODITIES
GOLD Safe-haven gold touched its highest in one year on Wednesday as recent U.S. economic data fanned fears of a slowdown and spurred bets the Federal Reserve may ease up on rate hikes. Spot gold was little changed at $2,019.99 per ounce by 11:40 a.m. EDT (1540 GMT), after rising to its highest since March 2022 at $2,031.89 earlier. U.S. gold futures fell 0.1% to $2,036.40. For a full report, click on - - - -
IRON ORE
Both the Dalian Commodity Exchange (DCE) and the Shanghai Futures Exchange (ShFE) were closed on Wednesday April 5 for the one-day Tomb Sweeping Day holiday in China. For a full report, click on - - - -
BASE METALS
Copper prices in London rose on Wednesday due to support from lower inventories and despite continuing concerns about global economic growth and a stronger dollar. Three-month copper on the London Metal Exchange (LME) rose 0.5% to $8,790 a tonne by 1606 GMT, after earlier hitting $8,665, its lowest in two weeks. For a full report, click on - - - -
OIL
Oil prices inched lower on Wednesday, despite greater than expected draws in U.S. crude oil and fuel stocks, as the market weighed worsening economic prospects against expectations of U.S. crude inventory declines and plans by OPEC+ producers to reduce output. Brent crude futures fell 49 cents, or 0.6%, to $84.45 a barrel by 10:58 a.m. EDT (1558 GMT). For a full report, click on - - - -
PALM OIL
Malaysian palm oil futures slipped more than 2% on Wednesday, ending a sharp two-day climb, although a forecast of shrinking stockpiles limited the losses. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange closed down 100 ringgit, or 2.52%, to 3,866 ringgit ($879.24) a tonne. The contract had risen 5.45% in the last two sessions. For a full report, click on - - - -
RUBBER
Japanese rubber futures inched higher on Wednesday, lifted by stronger crude
prices, although traders remain cautious amid a slowing global economy.
Osaka Exchange's rubber contract for September delivery , finished
0.5 yen, or 0.2%, higher at 211.0 yen ($1.61) per kg.
For a full report, click on - - - -
(Bengaluru Bureau; +91 80 6749 1130)
