Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,309.9 90.9 NZX 50** 3.499
11,873.58
DJIA** 33,684.79 98.27 NIKKEI** 27,923.37 289.71
Nasdaq** 12,031.88 -52.48 FTSE**
7,785.72 44.16
S&P 500** 4,109.14 0.03 Hang Seng**
20,485.24 154.04
SPI 200 Fut STI**
7,356 24.00 3,297.83 3.40
SSEC** KOSPI**
3,313.5705 -1.79 2,547.86 35.78
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Bonds Net Chng Bonds Net Chng
JP 10 YR Bond KR 10 YR Bond
0.456 0.004 3.263 0.019
AU 10 YR Bond US 10 YR Bond
3.256 0.024 3.4318 0.017
NZ 10 YR Bond 4 US 30 YR Bond
0 3.6265 -0.001
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Currencies Net Chng Net Chng
SGD US$ KRW US$
1.3326 -0.0002 1,321.87 1.25
AUD US$ NZD US$
0.6653 0.0011 0.6189 -0.0026
EUR US$ Yen US$
1.0913 0.0054 133.7 0.1
THB US$ PHP US$
34.26 -0.1 55.052 0.298
IDR US$ INR US$
14,881 -18 82.03 0.065
MYR US$ TWD US$
4.416 0.008 30.475 0.023
CNY US$ HKD US$
6.8855 0.0059 7.8497 -0.0001
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Commodities Net Chng Net Chng
Spot Gold Silver (Lon)
2,004.46 14.505 25.0609 0.1659
U.S. Gold Fut 2,019.00 15.85 Brent Crude
85.53 1.35
Iron Ore CNY798.50 TRJCRB Index
3.0 - -
TOCOM Rubber JPY206.8 LME Copper 8,853
1.8 44
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** indicates closing price
All prices as of 20:03 GMT
EQUITIES GLOBAL - A gauge of global stocks rose and bond yields edged higher on Tuesday as traders anticipate that interest rates will soon peak even as the market bets that the U.S. Federal Reserve will tighten monetary policy further in May to tame inflation. MSCI's gauge of stocks across the globe gained 0.61%. The pan-European STOXX 600 index closed up 0.62%.
For a full report, click on - - - -
NEW YORK - The S&P 500 .SPX crept higher on Tuesday as investors awaited crucial inflation data and the unofficial kick-off of first-quarter reporting season. The Dow joined the S&P 500 in positive territory with economically sensitive sectors such as industrials and materials providing upside momentum, while tech and tech-adjacent megacap shares dragged the Nasdaq into the red. For a full report, click on - - - -
LONDON - European shares hit a one-month high on Tuesday, lifted by mining stocks, in an upbeat start to a week filled with economic data, including a closely-watched U.S. inflation report. The pan-European STOXX 600 index ended 0.6% higher, extending gains for the second straight day. France's CAC 40 index closed up 0.9%, after hitting a record high. For a full report, click on - - - -
TOKYO - Japanese stocks climbed for a third straight session on Tuesday, after dovish comments from the country's new central bank governor and upbeat U.S. economic signs bolstered investor sentiment. The Nikkei share average rose 1.05% to close at 27,923.37, marking its steepest one-day gain since March 29. The broader Topix gained 0.78% to 1,991.85. For a full report, click on - - - -
SHANGHAI - Chinese stocks fell on Tuesday, as sentiment took a hit after data showed China's March consumer price growth was at its slowest since September 2021, while shares in Hong Kong were up. China's blue-chip CSI300 Index and the Shanghai Composite Index both closed down 0.1%. For a full report, click on - - - -
AUSTRALIA - Australian shares were set to trade higher on Wednesday, likely boosted by mining and technology stocks, meanwhile, crucial U.S. inflation data is awaited later in the day as investors anticipate interest rates to peak soon. The local share price index futures rose 0.5%, a 147-point premium to the underlying S&P/ASX 200 index close. The benchmark rose 1.3% on Tuesday. For a full report, click on - - - -
SEOUL - South Korean shares jumped more than 1% on Tuesday to their highest in 10 months, after the Bank of Korea (BOK) kept interest rates steady for the second time in a row, with electric-vehicle stocks leading the gains. The benchmark KOSPI ended up 35.78 points, or 1.42%, at 2,547.86, marking its highest close since June 10, 2022 and extending its rising streak to a third session. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar fell on Tuesday as investors waited on inflation data for further signs of whether price pressures are ebbing and what it means for further Federal Reserve interest rate hikes. The dollar index fell 0.26% to 102.20. The euro gained 0.41% to $1.0906. For a full report, click on - - - -
CHINA - China's yuan briefly eased to a more than one-week low against the dollar before recovering by midday on Tuesday, pressured by market perceptions of a possible interest rate cut to prop up the broad economy after downbeat inflation data. In the spot market, the spot yuan opened at 6.8880 per dollar and eased to a low of 6.8935 at one point, the softest level since April 3. However, it recovered all losses by midday and traded at 6.8832, 3 pips firmer than the previous late session's close. For a full report, click on - - - -
AUSTRALIA - The Australian and New Zealand dollars recovered some ground on Tuesday after reeling from a strong U.S. non-farm payrolls report that led markets to ramp up bets for a rate hike by the Federal Reserve next month. The Aussie rose 0.4% to $0.6668 , making up for some of the 0.5% losses overnight to as far as $0.6620, the lowest in more than three weeks. It faces major resistance at $0.6746, while having support at the 2023 low of $0.6564. The kiwi dollar was 0.2% higher at $0.6231 , having fallen 1% to as low as $0.6195 overnight. It has support at its 200-day average of $0.6160, while resistance is at $0.6252. For a full report, click on - - - -
SEOUL - The Korean won weakened, while the benchmark bond yield rose. The won ended onshore trade at 1,322.2 per dollar, 0.19% lower than its previous close. For a full report, click on - - - -
TREASURIES
NEW YORK - U.S. Treasury yields edged higher in mostly uneven trading on Tuesday, with no real conviction in the moves, as investors geared up for Wednesday's highly-anticipated inflation report that should determine the future path of interest rates. In late morning trading, the yield on 10-year Treasury notes was up 2.2 bps at 3.437%. For a full report, click on - - - -
LONDON - Euro zone bond yields rose sharply on Tuesday as European markets reopened after Easter, tracking a rise in U.S. Treasury yields on Friday and Monday after data showed jobs creation remained strong in March. The German 10-year yield climbed 12 bps to 2.301%. Yields move inversely to prices. For a full report, click on - - - -
TOKYO - Japanese government bond (JGB) yields mostly fell on Tuesday, after new Bank of Japan Governor Kazuo Ueda vowed to maintain the bank's ultra-loose monetary policy. The 10-year JGB yield fell to as low as 0.445%, its lowest since April 4, after hovering at 0.465% in the previous session. It was last at 0.450%. For a full report, click on COMMODITIES
GOLD Gold climbed back up above the key $2,000 level on Tuesday as the dollar came off last session's peak, while traders hunkered down for Wednesday's U.S. inflation data for cues on future interest rate hikes. Spot gold rose 0.8% to $2,005.79 per ounce by 2:00 p.m. EDT (1800 GMT) while U.S. gold futures settled 0.8% higher at $2,019.00. For a full report, click on - - - -
IRON ORE
Iron ore futures wobbled on Tuesday, initially extending losses on concerns about weak steel demand in China, before reversing direction as a tropical storm headed toward Port Hedland in top supplier Australia. The most-traded September iron ore on China's Dalian Commodity Exchange ended daytime trade 1.5% higher at 798.50 yuan ($115.97) a tonne. It earlier shed as much as 1.7% to 773.50 yuan, its weakest since March 27. For a full report, click on - - - -
BASE METALS
Copper prices rose as the dollar softened on Tuesday, though Chinese data signalling weak economic activity capped gains ahead of U.S. inflation data that could yield clues to U.S. interest rates. Benchmark copper on the London Metal Exchange (LME) was up 0.6% at $8,853 a tonne by 1613 GMT. Prices of the metal viewed as a gauge of economic health have mostly traded between $8,500 and $9,000 a tonne since February. For a full report, click on - - - -
OIL
Oil prices rose about 2% on Tuesday on hopes that the Federal Reserve might ease up on its policy tightening after a key U.S. inflation report this week, though concerns remain over Chinese demand. Brent crude futures settled up $1.43, or 1.7%, to $85.61 a barrel. U.S. West Texas Intermediate CLc1 futures rose $1.79, or 2.2%, to $81.53 a barrel. For a full report, click on - - - -
PALM OIL
Malaysian palm oil futures gained for a second session on Tuesday to hit a one-week closing high, lifted by expectations of tightening supply and as traders speculated about changes to Indonesia's export policy. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange closed up 58 ringgit, or 1.51%, to 3,895 ringgit ($882.02) a tonne. For a full report, click on - - - -
RUBBER
Japanese rubber futures rose slightly on Tuesday, tracking higher crude prices and a steadying Shanghai market, but a cloudy global outlook capped gains. Osaka Exchange's rubber contract for September delivery , finished 0.7 yen, or 0.3%, higher at 205.0 yen ($1.54) per kg. For a full report, click on - - - - (Bengaluru Bureau; +91 80 6749 1130)