Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** NZX 50** -91.407 7,316.30 -5.70 11,934.98
DJIA 33,348.67 -182.16 NIKKEI** 28,416.47 -203.60
Nasdaq 11,799.16 -238.05 FTSE**
7,852.64 -38.49
S&P 500 4,060.87 -10.76 Hang Seng**
19,757.27 139.39
SPI 200 Fut STI**
7,300.00 -27.00 3,293.91 -2.65
SSEC** KOSPI**
3,264.10 -0.77 2,484.83 -4.19
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.46 0.004 3.309 -0.013
AU 10 YR Bond US 10 YR Bond
3.334 0.018 3.4466 0.049
NZ 10 YR Bond US 30 YR Bond
4.076 0.016 3.6978 0.046
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Currencies
SGD US$ KRW US$
1.3358 -0.0026 1,338.06 -2.83
AUD US$ NZD US$
0.65955 -0.003 0.6113 -0.0023
EUR US$ Yen US$
1.1034 0.0062 133.76 0.05
THB US$ PHP US$
34.1 -0.3 55.66 0.14
IDR US$ INR US$
14,830 -10 81.75 -0.215
MYR US$ TWD US$
4.455 0.012 30.725 0.045
CNY US$ HKD US$
6.929 -0.0033 7.8498 0.0002
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Commodities
Spot Gold Silver (Lon)
1,985.86 -12.0123 24.7489 -0.2961
U.S. Gold Fut 1,995.95 Brent Crude
-8.45 78.28 -2.49
Iron Ore CNY716.50 TRJCRB Index
5.5 - -
TOCOM Rubber JPY212.2 LME Copper 8,553
0.8 30.5
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** indicates closing price
All prices as of 18:25 GMT
EQUITIES GLOBAL - The S&P 500 inched higher on Wednesday and the dollar weakened as investors weighed solid company earnings against weaker-than-expected economic data and ongoing wrangling in Washington on raising the debt ceiling. The pan-European STOXX 600 index lost 0.92% and MSCI's gauge of stocks across the globe gained 0.09%.
For a full report, click on - - - -
NEW YORK - The tech-heavy Nasdaq advanced on Wednesday as strong results from Microsoft and Alphabet offset concerns over rising interest rates and their effect on the U.S. economy. At 11:54 a.m. ET, the Dow Jones Industrial Average was down 2.12 points, or 0.01%, at 33,528.71 the S&P 500 was up 12.33 points, or 0.30%, at 4,083.96. The Nasdaq Composite index rose 1.23%, or 147.93, at 11,947.09, as per Nasdaq.com. For a full report, click on - - - -
LONDON - European shares closed lower for the second straight session on Wednesday, weighed down by a slide in healthcare stocks after Brussels published a long-awaited draft of its proposed overhaul of laws governing the European Union's pharmaceuticals industry. The pan-European STOXX 600 index fell 0.8%, with healthcare stocks tumbling 2.5%, clocking its worst performance since late January, 2022. For a full report, click on - - - -
TOKYO - Japanese shares fell on Wednesday, pressured by overnight declines on Wall Street, as worries resurfaced about the health of the banking sector, as well as a possible U.S. recession. The Nikkei , which had hit an eight-month high at 28,806.69 on Tuesday, retreated 0.71% to end the day at 28,416.47. Of the benchmark's 225 components, 172 fell versus 51 that rose, with two flat. For a full report, click on - - - -
SHANGHAI - China stocks traded sideways around one-month lows on Wednesday as investors were cautious ahead of the "Golden Week" holiday, while Sino-U.S. tensions also weighed on sentiment. China's blue-chip CSI 300 Index slid 0.09%, while the Shanghai Composite Index was flat. For a full report, click on - - - -
AUSTRALIA - Australian shares closed marginally lower on Wednesday, with losses in mining stocks outweighing gains in gold and energy explorers as the country's soft March quarter inflation data failed to improve risk appetite. The S&P/ASX 200 index fell 0.1% to close at 7,316.3. For a full report, click on - - - -
SEOUL - South Korean shares fell for a fifth straight session on Wednesday, logging their longest losing streak since late December, as global banking worries re-emerged and offset heavyweights' gains on earnings boost. The benchmark KOSPI ended down 4.19 points, or 0.17%, at 2,484.83, marking its lowest closing level since April 6. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar retreated on Wednesday on further signs of a U.S. economic slowdown after orders for core capital goods slipped more than expected in March as concerns festered about a looming vote in Congress over the unresolved debt ceiling. The dollar index , which measures the currency against six major rivals, fell 0.422% as new orders for key U.S.-manufactured capital goods fell more than expected last month, the Commerce Department said. For a full report, click on - - - -
SHANGHAI - China's yuan firmed on Wednesday rebounding from an over six-week low, as investors' were heartened by news of a government support plan for overseas trade in response to subdued global demand and exporters complaints over reduced orders. The spot yuan opened at 6.9198 per dollar and was changing hands at 6.9216 at midday, 107 pips stronger than the previous late session close and 0.03% stronger than the midpoint. For a full report, click on - - - -
AUSTRALIA - The Australian dollar took a further knock on Wednesday while bonds extended their rally after a downward surprise in core inflation lessened the pressure for another hike in interest rates next month. The Aussie eased 0.2% to $0.6614, the weakest level since mid-March. It had dived 1% overnight on renewed banking fears after First Republic Bank FRC.N reported a more than $100 billion plunge in deposits in the quarter. For a full report, click on - - - -
SEOUL - The Korean won weakened, while the benchmark bond yield fell. The won ended onshore trade 0.31% lower at 1,336.3 per dollar, after touching a five-month low of 1,340.5. For a full report, click on - - - -
TREASURIES
NEW YORK - One-month Treasury yields tumbled ahead of a possible vote on the U.S. debt ceiling while longer duration yields inched lower Wednesday as investors weighed strong earnings results with signs that business spending is slowing and continued concerns about the regional banking sector. The yield on 10-year Treasury notes was down 0.8 basis point to 3.390 %, while the yield on the 30-year Treasury bond was down 0.8 basis point to 3.644 %. For a full report, click on - - - -
LONDON - Euro zone government bond yields fell on Wednesday as growing concern about the stability of the U.S. banking sector prompted investors to seek out safe-haven assets. German 10-year Bund yields , which serve as a benchmark for the broader euro zone, were 2 basis points lower at 2.36%, having hit a two-week low of 2.31% earlier in the day. For a full report, click on - - - -
TOKYO - Japanese government bond yields fell on Wednesday, tracking declines in U.S. yields as concerns about the health of the banking sector and a possible recession resurfaced, spurring capital flight to safer debt securities. The 10-year JGB yield fell 2.5 bps to 0.45% as of 0545 GMT, while benchmark 10-year JGB futures rose 0.34 yen to 148.08, the highest level this month. For a full report, click on COMMODITIES
GOLD - Gold eased back on Wednesday as yields recovered with the focus returning to upcoming economic data, after briefly breaking above $2,000 spurred by fresh worries surrounding the U.S. banking turmoil. Spot gold fell 0.6% to $1,985.80 per ounce by 12:25 p.m. EDT (16:25 GMT) after jumping as high as $2,009.32 earlier. U.S. gold futures slipped 0.4% to $1,996.20. For a full report, click on - - - -
IRON ORE - Iron ore futures were mixed on Wednesday, with prices in Singapore rebounding modestly, while its Dalian benchmark extended losses after a China steel industry group urged producers to curb output to keep themselves afloat. In contrast, the steelmaking ingredient's most-traded September contract on China's Dalian Commodity Exchange ended daytime trade 0.4% lower at 716.50 yuan ($103.52) a tonne. Earlier in the session, it hit 698 yuan, its lowest since Dec. 8. For a full report, click on - - - -
BASE METALS - Copper prices in London rose on Wednesday as support from a weaker dollar helped to halt a five-session run of declines. Benchmark LME copper was up 0.3% at $8,553 a tonne by 1617 GMT. For a full report, click on - - - -
OIL - Oil prices extended the previous session's sharp losses on Wednesday, even after a report showed U.S. crude inventories fell more than expected, as weak economic data raised recession fears for the world's biggest economy. Brent crude fell by 95 cents, or 1.2%, to $79.82 a barrel by 1:16 p.m. EDT (1716 GMT) while U.S. West Texas Intermediate crude lost 69 cents, or 0.9%, to $76.38. For a full report, click on - - - -
PALM OIL - Malaysian palm oil futures fell for a fourth consecutive session on Wednesday to close at their lowest level in a month, as weak exports and rival oils weighed on market sentiment. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange lost 64 ringgit, or 1.76%, to 3,571 ringgit ($801.57) a tonne, its lowest close since March 27. For a full report, click on - - - -
RUBBER - Japanese rubber futures retreated on Wednesday, on weak demand amid
recession worries, but concerns of tighter supply from diseased trees in China limited
losses.
Osaka Exchange's rubber contract for October delivery , finished
0.6 yen, or 0.3%, lower at 211.4 yen ($1.58) per kg.
For a full report, click on - - - -
(Bengaluru Bureau; +91 80 6749 1130)
