Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** NZX 50** 47.82 7,330.40 -31.80 11,927.5
DJIA 33,808.96 22.34 NIKKEI** 28,564.37 -93.20
Nasdaq FTSE**
12,072.456 12.90 7,914.13 11.52
S&P 500 4,133.52 3.73 Hang Seng**
20,075.73 -321.24
SPI 200 Fut STI**
7,333.00 -8.00 3,321.82 8.41
SSEC** KOSPI**
3,301.26 -65.77 2,544.4 -18.71
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.465 -0.002 3.318 -0.027
AU 10 YR Bond US 10 YR Bond -0.004
3.484 0.022 3.568
NZ 10 YR Bond US 30 YR Bond 0.018
4.173 0.013 3.7713
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Currencies
SGD US$ 0.75 KRW US$
0 1,329.36 5.75
AUD US$ 0.6750 NZD US$
15 0.6133 -0.0037
EUR US$ Yen US$
1.0987 0.002 134.15 -0.08
THB US$ PHP US$
34.35 0.02 55.88 0
IDR US$ INR US$
14,840 55 82.03 -0.09
MYR US$ TWD US$
4.435 -0.005 30.622 0.01
CNY US$ HKD US$
6.893 0.019 7.8475 -0.0021
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Commodities
Spot Gold Silver (Lon)
1,982.8948 -21.4436 25.0315 -0.2585
U.S. Gold Fut 1,994.10 -25.00 Brent Crude 81.66
56
Iron Ore CNY730.5 TRJCRB Index
-31 - -
TOCOM Rubber JPY208 LME Copper 8,789
-2.1 -88.5
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** indicates closing price
All prices as of 18:15 GMT
EQUITIES GLOBAL - A gauge of global stocks declined for a third straight day on Friday as investors weighed the latest round of corporate earnings results, while longer-dated U.S. yields were higher after a gauge of business activity climbed. The pan-European STOXX 600 index rose 0.34% and MSCI's gauge of stocks across the globe shed 0.03%. MSCI's index was on track for a third straight session of declines, its longest streak in nearly six weeks. For a full report, click on - - - -
NEW YORK - Major U.S. stock indexes ended with fractional gains on Friday following mixed earnings results as investors assessed how conflicting economic data might influence interest rates and looked ahead to a massive week of corporate reports. The Dow Jones Industrial Average rose 22.34 points, or 0.07%, to 33,808.96, the S&P 500 gained 3.73 points, or 0.09%, to 4,133.52 and the Nasdaq Composite added 12.90 points, or 0.11%, to 12,072.46. For a full report, click on - - - -
LONDON - European shares ended higher on Friday as strong quarterly earnings boosted shares of SAP and EssilorLuxottica, offsetting a slump in miners. The pan-European STOXX 600 index rose 0.4%, clocking its fifth straight week of gains. For a full report, click on - - - -
TOKYO - Japan's Nikkei share average slipped on Friday, easing away from an eight-month peak it touched earlier in the session as investors refrained from making active bets ahead of the Bank of Japan's policy meeting next week. The index closed 0.33% lower at 28,564.37, after rising to 28,778.37, its highest level since Aug. 26. The index is on course for fourth straight month of gains - the last time it went on a similar run was in 2021. For a full report, click on - - - -
SHANGHAI - China stocks slumped on Friday, logging the biggest daily decline since last November's rally driven by optimism over easing of COVID restrictions, as uneven Chinese economic recovery dented investor sentiment.(CSI300) China's blue-chip CSI300 Index and the Shanghai Composite Index both closed down 2%, while Hong Kong's benchmark Hang Seng Index finished 1.6% lower. For a full report, click on - - - -
AUSTRALIA - Australian shares closed lower on Friday, weighed by financials and miners as market participants looked for cues on the monetary policy path ahead amid gloomy earnings reports from major U.S. companies and lingering fears of a global recession. The S&P/ASX 200 index closed down 0.4% at 7,330.40. The benchmark index lost 0.4% of its value this week. For a full report, click on - - - -
SEOUL - South Korean shares fell on Friday, with the losses led by car and battery makers, and ended the week lower for the first time in 1-1/2 months. The benchmark KOSPI closed down 18.71 points, or 0.73%, at 2,544.40. It fell 1.05% for the week. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The U.S. dollar was little changed to slightly higher against major currencies on Friday, as business activity data suggested that the world's largest economy remained resilient, supporting expectations of another 25-basis-point interest rate increase by the Federal Reserve at next month's policy meeting. The dollar index, which measures the performance of the U.S. currency against six others, was flat at 101.76 and headed for a weekly gain of about 0.2%, its first since late February. For a full report, click on - - - -
SHANGHAI - China's yuan inched lower against the dollar on Friday and looked set for a marginal weekly loss, though the biggest in six weeks, as investors continued to await clues on U.S. monetary tightening as the next trading catalyst. In the spot market, the onshore yuan opened at 6.8780 per dollar and was changing hands at 6.8852 at midday, 112 pips softer than the previous late session close. For a full report, click on - - - -
AUSTRALIA - The Australian dollar held firm on Friday after its U.S. counterpart slipped on a patch of soft data, while the New Zealand dollar was still smarting from a surprising pullback in headline inflation. The Aussie stood at $0.6737 , having added 0.4% overnight. It faces resistance at $0.6750 ahead of the recent seven-week top of $0.6808, while support lies at $0.6681. The kiwi dollar faded to $0.6168 , after touching a five-week low of $0.6150 overnight. For a full report, click on - - - -
SEOUL - The Korean won weakened and recorded its worst week since mid-February, while the benchmark bond yield fell. The won ended onshore trade at 1,328.2 per dollar, 0.41% lower than its previous close. The won ended the week 2.21% lower. For a full report, click on - - - -
TREASURIES
NEW YORK - Treasury yields rose on Friday after data showed that U.S. business activity accelerated in April and as investors waited on the Federal Reserve’s upcoming May meeting for more guidance on whether further interest rate hikes are likely. Ten-year Treasury yields were last at 3.572%, up 3 basis points on the day. Two-year yields rose 2 basis points to 4.192%. The inversion in the yield curve between two year and 10-year yields was last at minus 62 basis points. For a full report, click on - - - -
LONDON - Euro zone government bond yields crept higher on Friday after economic data showing solid business activity nudged up expectations for the European Central Bank's interest rate hiking path, capping a calm week, by recent standards, for bond markets. Germany's 10-year yield , the bloc's benchmark, rose 4 basis points (bps) to 2.49% and was on track to end the week around 6 bps higher. It jumped by 25 bps the week before. For a full report, click on - - - -
TOKYO - Japanese government bond were broadly steady on Friday as traders consolidated positions while awaiting the new Bank of Japan Governor Kazuo Ueda's first policy meeting next week. Benchmark 10-year JGB futures rose 0.22 yen to 147.7, hovering close to a one-week high.
For a full report, click on COMMODITIES
GOLD - Gold prices fell sharply on Friday and were headed for their worst week in eight as hawkish remarks by U.S. Federal Reserve officials through the week bolstered bets for at least one more interest rate hike and buoyed the dollar. Spot gold dropped 1.2% to $1,979.63 per ounce by 2:35 p.m. EDT (1835 GMT). U.S. gold futures settled 1.4% lower to $1,990.50. For a full report, click on - - - -
IRON ORE - Dalian and Singapore iron ore futures fell for a third straight session on Friday to near four-month lows, as subdued buying interest from steel mills and a pick-up in port inventories undermined investor sentiment. The most-traded September iron ore on the Dalian Commodity Exchange (DCE) ended daytime trading 4.82% lower at a near four-month low of 730.5 yuan ($105.96) a tonne. On the Singapore Exchange, the benchmark May iron ore was 5.82% lower at $108.65 a tonne, as of 0708 GMT, the lowest since Dec. 28, 2022. For a full report, click on - - - -
BASE METALS - Copper prices extended losses on Friday and were on track for a 2.6% weekly decline on concern over global economic growth and demand in China, the world's biggest metals consumer. Benchmark copper on the London Metal Exchange (LME) was down 1.0% at $8,789 a tonne by 1607 GMT. For a full report, click on - - - -
OIL - Oil prices edged higher on Friday on strong economic data in the euro zone and Britain, but futures fell for the week as interest rate and demand uncertainty weighed. Brent futures settled up 56 cents at $81.66 per barrel. U.S. West Texas Intermediate crude (WTI) rose 50 cents to $77.87 per barrel. For a full report, click on - - - -
PALM OIL - Malaysian palm oil futures finished lower for a second session on Thursday, underpinned by weakening rival oils, while falling exports dragged prices further, even as futures rose for the week. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange slid 30 ringgit, or 0.80%, to 3,705 ringgit ($835.40) a tonne, but edged up 0.08% for the week. For a full report, click on - - - -
RUBBER - Japanese rubber futures snapped a five-day rally on Friday amid easing oil
prices and recession fears, though prices were still up over the week.
Osaka Exchange's rubber contract for September delivery , finished
2.7 yen, or 1.4%, down at 210.1 yen ($1.57) per kg but was up 0.1% over the week for a
second consecutive weekly gain.
For a full report, click on - - - -
(Bengaluru Bureau; +91 80 6749 1130)
