Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,316.3 -5.7 NZX 50** -91.407 11,934.98
DJIA** 33,301.87 -228.96 NIKKEI** 28,416.47 -203.60
Nasdaq** 11,854.35 -182.85 FTSE**
7,852.64 -38.49
S&P 500** 4,055.99 -15.64 Hang Seng**
19,757.27 139.39
SPI 200 Fut STI**
7,307 -20.00 3,293.91 -2.65
SSEC** KOSPI**
3,264.1006 -0.77 2,484.83 -4.19
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Bonds Net Chng Bonds Net Chng
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 3.4428 0.045
NZ 10 YR Bond US 30 YR Bond
4.069 0.009 3.7031 0.051
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Currencies Net Chng Net Chng
SGD US$ KRW US$
1.3359 -0.0025 1,337.66 -3.23
AUD US$ NZD US$
0.65975 -0.0028 0.6113 -0.0023
EUR US$ Yen US$
1.1035 0.0063 133.67 -0.04
THB US$ PHP US$
34.11 -0.29 55.66 0.14
IDR US$ INR US$
14,830 -10 81.74 -0.225
MYR US$ TWD US$
4.455 0.012 30.725 0.045
CNY US$ HKD US$
6.927 -0.0062 7.8498 0.0002
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Commodities Net Chng Net Chng
Spot Gold Silver (Lon)
1,988.69 -9.1823 24.8611 -0.1839
U.S. Gold Fut 1,996.20 Brent Crude
-8.3 77.7 -3.07
Iron Ore CNY716.50 TRJCRB Index
5.5 - -
TOCOM Rubber JPY212.2 LME Copper 8,553 30.5
0.8
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** indicates closing price
All prices as of 20:23 GMT
EQUITIES GLOBAL - The Nasdaq rose and the dollar weakened on Wednesday as investors weighed solid company earnings against weaker-than-expected economic data and ongoing wrangling in Washington over raising the debt ceiling. The pan-European STOXX 600 index lost 0.83% and MSCI's gauge of stocks across the globe shed 0.30%. For a full report, click on - - - -
NEW YORK - The tech-heavy Nasdaq advanced on Wednesday as strong Microsoft Corp MSFT.O results partially offset concerns over rising interest rates and their effect on the U.S. economy. The Dow Jones Industrial Average fell 198.13 points, or 0.59%, to 33,332.7. The S&P 500 lost 12.12 points, or 0.30%, at 4,059.51. The Nasdaq Composite index was up 0.7% or 82.69 points, at 11,881.85, according to the latest information on 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 are expected to open marginally lower on Thursday hurt by a likely extended fall in local miners on weak commodity prices while mounting recession jitters globally had investors fleeing towards safe havens.
The local share price index futures fell 0.3%, a 9.3-point discount to the underlying S&P/ASX 200 index close. The benchmark closed down 0.1% on Wednesday. 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 fresh signs of a U.S. slowdown after orders for core capital goods fell more than expected in March, while the economic outlook for Europe could surprise to the upside and strengthen the euro. The dollar index , which measures the currency against six major rivals, fell 0.354% 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 - - - -
CHINA - 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 edged higher on 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 up 3.9 basis points to 3.437%, while the yield on the 30-year Treasury bond was up 4.1 basis points to 3.693%. 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. Iron ore's benchmark May contract on the Singapore Exchange rose 1.2% to $103.65 a tonne by 0720 GMT. It has fallen more than 20%, however, from a peak of $132 on March 15. 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 dropped by almost 4% on Wednesday, extending the previous session's sharp losses, even after a report showed U.S. crude inventories fell more than expected, as recession fears grew for the world's biggest economy. Brent crude settled at $77.69 a barrel, losing $3.08, or 3.8%. U.S. West Texas Intermediate crude settled at $74.30 a barrel, shedding $2.77, or 3.6%. 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 - - - - (Reporting by Nausheen Thusoo in Bengaluru)
