Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,322.0 -8.4 NZX 50** 98.893 12,026.39
DJIA** 33,530.83 -344.57 NIKKEI** 28,620.07 26.55
Nasdaq** 11,799.16 -238.05 FTSE**
7,891.13 -21.07
S&P 500** 4,073.33 -63.71 Hang Seng**
19,617.88 -342.06
SPI 200 Fut STI**
7,308 -46.00 3,296.56 -27.99
SSEC** KOSPI**
3,264.8717 -10.54 2,489.02 -34.48
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Bonds Net Chng Bonds Net Chng
JP 10 YR Bond KR 10 YR Bond
0.477 -0.007 3.322 0.016
AU 10 YR Bond US 10 YR Bond
3.413 -0.059 3.3939 -0.121
NZ 10 YR Bond US 30 YR Bond
4.156 -0.009 3.6525 -0.077
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Currencies Net Chng Net Chng
SGD US$ KRW US$
1.3385 0.005 1,341.02 8.51
AUD US$ NZD US$
0.6623 -0.0073 0.6139 -0.0027
EUR US$ Yen US$
1.0973 -0.0068 133.6 -0.62
THB US$ PHP US$
34.35 0.01 55.52 -0.13
IDR US$ INR US$
14,840 55 81.975 0.025
MYR US$ TWD US$
4.443 0.008 30.68 0.035
CNY US$ HKD US$
6.9323 0.0365 7.8498 0.0007
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Commodities Net Chng Net Chng
Spot Gold Silver (Lon)
1,997.0131 8.1374 24.9654 -0.2046
U.S. Gold Fut 2,007.25 7.40 Brent Crude
80.67 -2.06
Iron Ore CNY711 -9.5 TRJCRB Index
- -
TOCOM Rubber JPY212.2 LME Copper 8,524.50 -214.5
0.2
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** indicates closing price
All prices as of 20:09 GMT
EQUITIES GLOBAL - U.S. stocks turned sharply lower and benchmark Treasury yields dropped on Tuesday as disappointing earnings and soft economic data stoked recession fears, sending investors fleeing riskier assets for safe havens. The pan-European STOXX 600 index lost 0.40% and MSCI's gauge of stocks across the globe shed 1.24%. For a full report, click on - - - -
NEW YORK - U.S. stocks sank on Tuesday as a downbeat UPS forecast exacerbated investor concerns about a slowing U.S. economy, while a plunge in regional First Republic Bank's deposits added to jitters about the health of the banking sector. The Dow Jones Industrial Average fell 320.58 points, or 0.95%, to 33,554.82; the S&P 500 lost 57.86 points, or 1.40%, at 4,079.18; and the Nasdaq Composite dropped 203.41 points, or 1.69%, to 11,833.80. For a full report, click on - - - -
LONDON - Spanish stocks clocked their worst session in a month on Tuesday as heavyweight Santander led a slide among banks amid a disappointing round of earnings for the sector, while an encouraging outlook from Novartis kept healthcare shares afloat. Spain's lender-heavy IBEX index fell 1.2%, its worst one-day percentage fall since March 24, while the STOXX 600 index dropped 0.4%. For a full report, click on - - - -
TOKYO - Japanese shares inched higher, with the Nikkei index touching the highest level in eight months, led by electronics makers on earnings optimism and expanded government subsidies for chip production. The Nikkei added 0.09% to close at 28,620.07, advancing for a second straight session. In early trading, the gauge jumped as much as 0.75% to 28,806.69, the highest since Aug. 19, 2022. For a full report, click on - - - -
SHANGHAI - China stocks closed down for a fifth straight session to around a one-month low on Tuesday, after data highlighted an uneven economic recovery, while investors worried about lingering geopolitical risks. China's blue-chip CSI300 Index dropped 0.5% at close, while the Shanghai Composite Index lost 0.3%. For a full report, click on - - - -
AUSTRALIA - Australian shares are poised to open slightly lower on Wednesday as caution ahead of a key first-quarter inflation print, that will influence the country's central bank decision of keeping interest rates unchanged, kept risk appetite in check. The local share price index futures fell 0.6%, a 22.4-point discount to the underlying S&P/ASX 200 index close. On Tuesday, the benchmark was closed to account for a public holiday. For a full report, click on - - - -
SEOUL - South Korean shares ended more than 1% lower on Tuesday, amid increased worries about forced sell-offs of leveraged stocks. The benchmark KOSPI closed down 34.48 points, or 1.37%, at 2,489.02, extending its losing streak to a fourth session and marking the lowest closing level since April 6. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar rose on Tuesday as market sentiment turned risk-averse amid worries about earnings and the outlook for the global economy, which knocked the euro off a nearly 10-month high. The U.S. dollar index climbed 0.6% to 101.81, having dropped over 3.3% since the beginning of March. For a full report, click on - - - -
CHINA - China's yuan ended its domestic trading session at a more-than-six-week low against the dollar on Tuesday, pressured by rising pre-holiday demand for the greenback and an increase in capital outflows in the stock market. The onshore yuan finished domestic trading session at 6.9163 per dollar, the weakest such close since March 10. It was down 216 pips or 0.3% from the previous late night close. For a full report, click on - - - -
SEOUL - The Korean won ended higher on authorities' intervention, while the benchmark bond yield rose. The won ended onshore trade 0.20% higher at 1,332.2 per dollar, after falling 0.18% earlier. For a full report, click on - - - -
TREASURIES
NEW YORK - Benchmark 10-year Treasury yields fell by their largest amount since March on Tuesday while short-term yields climbed as investors balanced rising concerns about the regional banking sector and the possibility of an imminent recession with worries about the U.S. debt ceiling. The yield on 10-year Treasury notes was down 11.7 basis points to 3.398%, while the yield on the 30-year Treasury bond was down 7.7 basis points to 3.652%. For a full report, click on - - - -
LONDON - Euro zone government bond yields extended their fall on Tuesday, tracking moves in U.S. Treasuries, with investors on edge about the state of the euro area economy ahead of the European Central Bank's interest rate decision next week. Germany's 10-year bond yield , the euro zone benchmark, was last down 12 basis points (bps) at 2.37%. Yields move inversely to prices. For a full report, click on - - - -
TOKYO - Japan's 10-year government bond yield rose on Tuesday, as investors remained cautions about a possible surprise tweak by the Bank of Japan to its yield curve control policy at a meeting this week. The 10-year JGB yield rose 1 basis point (bp) to 0.475%. For a full report, click on COMMODITIES
GOLD Gold prices rose on Tuesday as steeply lower Treasury yields countered pressure from a stronger dollar, while investors awaited a slew of U.S. economic data due later this week that could sway the Federal Reserve's interest rate-hike stance. Spot gold was up 0.7% to $2,002.32 per ounce by 2:17 p.m. EDT (1817 GMT), while U.S. gold futures settled 0.3% higher at $2,004.50. For a full report, click on - - - -
IRON ORE
Dalian and Singapore iron ore futures fell to a more-than-four-month low on Tuesday as sluggish steel demand in China prompted mills to curb output, raising the possibility of an oversupply of the steel-making raw material. The most-traded September iron ore on China's Dalian Commodity Exchange ended daytime trade 1.9% lower at 711 yuan ($102.85) a tonne, having earlier hit 710.50 yuan, its weakest since Dec. 20. For a full report, click on - - - -
BASE METALS
Copper prices fell to their lowest in six weeks on Tuesday, pressured by weak Chinese demand, a stronger dollar and a sharp rise in inventories in the London Metal Exchange (LME) warehouse system. Benchmark LME copper was down 2.4% at $8,524.50 a tonne at 1646 GMT, heading for a fifth consecutive daily loss. The metal used in electrical wiring has fallen from a seven-month high of $9,550.50 in January. For a full report, click on - - - -
OIL
Oil dropped 2% on Tuesday after two sessions of gains as deepening concerns of an economic slowdown and a stronger dollar outweighed hopes of higher Chinese demand and lower U.S. crude stocks. Brent crude fell by $1.96, or 2.4%, to settle at $80.77 a barrel. U.S. West Texas Intermediate crude dropped $1.69, or 2.2%, to settle at $77.07. On Monday, both contracts rose by more than 1%. For a full report, click on - - - -
PALM OIL
Malaysian palm oil futures slipped to the lowest close in more than one-week on Tuesday, as the market reopened after the Eid holidays, weighed down by poor exports in April so far. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange slid 67 ringgit, or 1.81%, to 3,638 ringgit ($818.82) a tonne by the midday break, down for a third-straight session. For a full report, click on - - - -
RUBBER
Japanese rubber futures closed more than 2% higher on Tuesday, its biggest daily jump since March 27, triggered by supply concerns given recent heat waves. Osaka Exchange's rubber contract for October delivery , finished 5.2 yen, or 2.5%, higher at 212.0 yen ($1.58) per kg, recovering from losses in the last two sessions. For a full report, click on - - - - (Bengaluru Bureau; +91 80 6749 1130)
