Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** NZX 50** 33.72 7,365.50 5.30 11,917.82
DJIA 33,896.12 -80.51 NIKKEI** 28,606.76 -52.07
Nasdaq FTSE**
12,167.494 14.08 7,898.77 -10.67
S&P 500 4,156.32 1.45 Hang Seng**
20,367.76 -282.75
SPI 200 Fut STI**
7,372.00 -5.00 3,324.05 14.49
SSEC** KOSPI**
3,370.13 -23.20 2,575.08 3.99
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.485 0.009 3.37 0.018
AU 10 YR Bond US 10 YR Bond
3.55 0.054 3.6157 0.044
NZ 10 YR Bond US 30 YR Bond
4.323 0.043 3.8089 0.021
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Currencies
SGD US$ KRW US$
1.3346 0.0017 1,330.44 11.31
AUD US$ NZD US$
0.67185 -0.001 0.6206 -0.0001
EUR US$ Yen US$
1.0956 -0.0015 134.75 0.66
THB US$ PHP US$
34.43 0.15 56.266 0.116
IDR US$ INR US$
14,840 55 82.215 0.135
MYR US$ TWD US$
4.44 0.008 30.562 0.035
CNY US$ HKD US$
6.8851 0.0085 7.8498 -0.0001
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Commodities
Spot Gold Silver (Lon)
1,994.25 -10.676 25.2686 0.0611
U.S. Gold Fut 2,007.30. -12.4 Brent Crude
83.59 -1.18
Iron Ore CNY777.5 6.5 TRJCRB Index - -
TOCOM Rubber JPY211 LME Copper 8,959 -55
-1.3
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** indicates closing price
All prices as of 17:55 GMT
EQUITIES GLOBAL - A gauge of global stocks fell on Wednesday after two straight days of gains as investors gauged the latest earnings reports, while the 10-year U.S. Treasury yield hit its highest level in a month after British inflation data and expectations for a Federal Reserve interest rate hike in May remained elevated. MSCI's gauge of stocks across the globe shed 0.34%. For a full report, click on - - - -
NEW YORK - Wall Street's main indexes edged down on Wednesday as Treasury yields rose on growing expectations that the Federal Reserve could keep interest rates higher for longer, while mixed earnings from regional banks and weakness in Tesla further dented sentiment. At 11:43 a.m. ET, the Dow Jones Industrial Average .DJI was down 98.33 points, or 0.29%, at 33,878.30, the S&P 500 .SPX was down 7.73 points, or 0.19%, at 4,147.14, and the Nasdaq Composite .IXIC was down 23.20 points, or 0.19%, at 12,130.21. For a full report, click on - - - -
LONDON - European shares closed a touch lower on Wednesday after a warning from Dutch chip company ASML weighed down technology stocks, while a rise in shares of insurers limited overall declines. The pan-European STOXX 600 index fell 0.1% but was still hovering around its 14-month highs. For a full report, click on - - - -
TOKYO - Japan's Nikkei share average ended lower on Wednesday, snapping an eight-day rally, dragged down by heavyweight technology stocks as investors took a breather. The Nikkei index .N225 edged down 0.18% to 28,606.76, after closing at its highest close since Aug. 22 on Tuesday. For a full report, click on - - - -
SHANGHAI - Chinese stocks closed lower on Wednesday due to bumpy economic recovery after the country dropped its strict zero-COVID policy and as uneven first-quarter macro data weighed on sentiment. China's blue-chip CSI 300 Index was down 0.9%, while the Shanghai Composite Index finished 0.7% lower. For a full report, click on - - - -
AUSTRALIA - Australian shares closed little changed on Wednesday as gains in mining and gold stocks countered losses in energy and banking stocks, while casino operator Star Entertainment fell as much as 11% after cutting its full-year earnings forecast. The S&P/ASX 200 index closed 0.1% higher at 7,365.50 points. The benchmark closed 0.3% lower on Tuesday. For a full report, click on - - - -
SEOUL - South Korean shares ended marginally higher on Wednesday, as automakers rebounded, while a wait-and-see mood was prevalent ahead of major companies' first quarter results.
The benchmark KOSPI closed up 3.99 points, or 0.16%, at 2,575.08, reversing its loss of 0.19% recorded a day before. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against the greenback after British inflation stayed above 10% in March adding to pressure on the Bank of England to keep raising rates. The dollar index, which tracks the currency against a basket of its peers, was up 0.108% For a full report, click on - - - -
SHANGHAI - China's yuan weakened on Wednesday, as investors awaited further direction on lending benchmark rates that could hold the key to injecting more momentum into the country's post-COVID recovery. Spot yuan opened at 6.8771 per dollar and was changing hands at 6.8774 at midday, 8 pips away from the previous late session close and 0.06% away from the midpoint. For a full report, click on - - - -
AUSTRALIA - The Australian and New Zealand dollars kept a rally alive on Wednesday as markets pondered the outlook for interest rates ahead of some key inflation reports. The Aussie firmed to $0.6735 , having added 0.4% overnight.
For a full report, click on - - - -
SEOUL - The won weakened on Wednesday, while the benchmark bond yield rose. The won ended onshore trade at 1,325.7 per dollar, 0.54% lower than its previous close. For a full report, click on - - - -
TREASURIES
NEW YORK - Benchmark 10-year Treasury yields reached four-week highs on Wednesday, while interest rate sensitive two-year yields hit a five-week top, as global yields were dragged upwards by higher than expected inflation in Britain and as investors priced for the possibility the Federal Reserve could keep hiking rates. Benchmark 10-year yields rose to 3.639%, the highest since March 22.
For a full report, click on - - - -
LONDON - Euro zone government bond yields hit their highest levels in more than a month on Wednesday, with investors bracing for interest rates to rise further as worries about the financial system fade and policymakers called for tighter policy. Germany's 10-year government bond yield , the euro area's benchmark, hit its highest level since March 10 at 2.54%.
For a full report, click on - - - -
TOKYO - Japanese superlong government bond yields fell on Wednesday amid bets of buying by life insurers, though trading in other tenors was subdued as cautious investors awaited new Bank of Japan (BOJ) governor Kazuo Ueda's maiden policy meeting next week. Benchmark 10-year JGB futures were little changed at 147.44 and the 10-year cash JGB yield was also flat at 0.47%. For a full report, click on COMMODITIES
GOLD - Gold prices fell below the key $2,000 level on Wednesday as U.S. yields marched higher, with investors turning more sceptical over potential U.S. rate cuts later this year. Spot gold was down 0.6% at $1,992.41 per ounce by 12:11 p.m. ET (1611 GMT), having shed as much as 1.8% to a two-week low of $1,969.09 earlier in the session. For a full report, click on - - - -
IRON ORE - Dalian and Singapore iron ore futures fell on Wednesday, as another price warning from China's state planner weighed on market sentiment. The most-traded September iron ore on the Dalian Commodity Exchange (DCE) ended daytime trading 0.96% down at 777.5 yuan a tonne. Iron ore prices have risen nearly 2% so far this year. For a full report, click on - - - -
BASE METALS - Copper prices fell on Wednesday as expectations of further interest rate rises turned investors cautious, pressuring growth-linked assets and boosting the dollar. Benchmark copper on the London Metal Exchange (LME) was down 0.6% at $8,959 a tonne at 1617 GMT. For a full report, click on - - - -
OIL - Oil prices fell about 2% to a two-week low on Wednesday despite a sharp decline in U.S. crude inventories, as the U.S. dollar strengthened on fears that looming U.S. Federal Reserve interest rate hikes could curb energy demand in the world's top consumer. Brent futures fell $1.45, or 1.7%, to $83.32 a barrel by 11:46 a.m. EDT (1546 GMT) . For a full report, click on - - - -
PALM OIL - Malaysian palm oil futures finished lower on Wednesday, as a sharp drop in crude prices weighed on sentiment, while profit-taking and the off-loading of positions ahead of the long weekend added pressure. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange fell 59 ringgit, or 1.56%, to 3,730 ringgit ($840.09) by the end of trading, paring earlier gains. For a full report, click on - - - -
RUBBER - Japanese rubber futures rose for a fourth straight session on Wednesday, as the yen softened and global consumers looked to replenish their dwindling stockpiles, though traders expect demand to remain weak in the long run. The Osaka Exchange's rubber contract for September delivery , finished 1.3 yen, or 0.6%, higher at 212.3 yen ($1.58) per kg. For a full report, click on - - - - (Bengaluru Bureau; +91 80 6749 1130)
