Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** NZX 50** -16.763 7,292.70 -23.60 11,918.22
DJIA 33,785.33 483.46 NIKKEI** 28,457.68 41.21
Nasdaq FTSE**
12,120.827 266.48 7,831.58 -21.06
S&P 500 4,121.48 65.49 Hang Seng**
19,840.28 83.01
SPI 200 Fut STI**
7,326.00 36.00 3,282.03 -11.88
SSEC** KOSPI**
3,285.88 21.78 2,495.81 10.98
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.462 -0.001 3.341 0.032
AU 10 YR Bond US 10 YR Bond
3.443 0.046 3.5318 0.102
NZ 10 YR Bond US 30 YR Bond
4.098 0.01 3.7677 0.079
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Currencies
SGD US$ KRW US$
1.3353 -0.0003 1,338.95 0.94
AUD US$ NZD US$
0.66275 0.00235 0.6141 0.0025
EUR US$ Yen US$
1.1019 -0.0021 134.05 0.39
THB US$ PHP US$
34.1 -0.04 55.71 0.05
IDR US$ INR US$
14,700 -130 81.705 -0.035
MYR US$ TWD US$
4.46 0.005 30.71 -0.015
CNY US$ HKD US$
6.9203 -0.0067 7.8495 0.0001
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Commodities
Spot Gold Silver (Lon)
1,987.45 -2.0299 24.9039 0.0139
U.S. Gold Fut 1,997.70 1.65 Brent Crude
78.02 0.33
Iron Ore CNY718.50 TRJCRB Index
2 - -
TOCOM Rubber JPY208.3 LME Copper 8,574.50
0.6 21.5
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** indicates closing price
All prices as of 18:18 GMT
EQUITIES GLOBAL - U.S. stocks bounced higher and Treasury yields resumed their climb on Thursday as market participants digested solid earnings and signs of a dampening economy. The pan-European STOXX 600 index rose 0.13% and MSCI's gauge of stocks across the globe gained 0.50%. For a full report, click on - - - -
NEW YORK - The tech-heavy Nasdaq led a Wall Street rally on Thursday as a strong update from Meta Platforms outweighed concerns over slowing U.S. economic growth. At 11:32 a.m. ET, the Dow Jones Industrial Average was up 248.12 points, or 0.75%, at 33,549.99, the S&P 500 was up 45.69 points, or 1.13%, at 4,101.68, and the Nasdaq Composite was up 199.09 points, or 1.68%, at 12,053.44. For a full report, click on - - - -
LONDON - European shares ended higher on Thursday supported by positive earnings, especially reports from Deutsche Bank and Barclays that eased concerns about the banking sector's health, while Denmark's SimCorp surged on a deal with Deutsche Boerse. The pan-European STOXX 600 index . was up 0.2%, gaining for the first time in three sessions.
For a full report, click on - - - -
TOKYO - Most Japanese stocks rose on Thursday, led by manufacturers on earnings optimism while banking contagion concerns weighed down financials. The Nikkei share index rose 0.15% to close at 28,457.68, recovering from an early 0.6% drop. The broader Topix added 0.43% to 2,032.51. For a full report, click on - - - -
SHANGHAI - China stocks were up on Thursday, led by insurance companies as better-than-expected earnings boosted sentiment, while investors continued to weigh geopolitical tensions and economic data to gauge the pace of China's recovery. China's blue-chip CSI300 Index and the Shanghai Composite Index both closed up 0.7%. For a full report, click on - - - -
AUSTRALIA - Australian shares ended lower for a fifth straight session on Thursday led by financials, as fresh concerns about U.S. banks weighed on sentiment. The S&P/ASX 200 index closed down 0.3% at a two-week low of 7,292.7. For a full report, click on - - - -
SEOUL - South Korean shares reversed early losses to end higher on Thursday, snapping a five-day losing streak, while trading sentiment appeared still shaky on concerns about the U.S. banking sector and uncertainty in earnings reports. The benchmark KOSPI rose 10.98 points, or 0.44%, to close at 2,495.81, having fallen as much as 0.8% earlier in the day. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar rose on Thursday as weaker-than-expected U.S. economic growth in the first quarter is not likely to deter the Federal Reserve from raising interest rates next week. The dollar index rose 0.4% to 101.72 . For a full report, click on - - - -
SHANGHAI - China's yuan firmed on Thursday after a largely directionless morning session, as a smaller decline in the profits of the country's industrial firms and weakness in the U.S. dollar helped the currency regain some ground lost earlier this week. The spot yuan opened at 6.9300 per dollar and was changing hands at 6.9245 at midday, 25 pips stronger than the previous late session close and 0.05% stronger than the midpoint. For a full report, click on - - - -
AUSTRALIA - The Australian and New Zealand dollars wallowed near multi-week lows on Thursday as worries about global growth undermined commodity prices, and markets wagered Australia's central bank was done raising interest rates. The Aussie was looking unloved at $0.6603 , after a hitting a six-week low of $0.6592 overnight. That left it precariously close to the March trough of $0.6565 and a breach would take it to depths not visited since November. The kiwi dollar was stuck at $0.6125 , having also touched a six-week low at $0.6112. Support lies at its March trough of $0.6086. For a full report, click on - - - -
SEOUL - Korean won weakened against dollar. The won ended onshore trade at 1,338.0 per dollar, 0.13% lower than its previous close at 1,336.3. For a full report, click on - - - -
TREASURIES
NEW YORK - Ten-year Treasury yields made their biggest intraday gain since March on Thursday while one-month yields jumped higher as investors weighed a coming showdown over the U.S. debt ceiling with economic data suggesting inflation could remain sticky. The yield on 10-year Treasury notes was up 9 basis points to 3.520%, while the yield on the 30-year Treasury bond was up 7.4 basis points to 3.763%. For a full report, click on - - - -
LONDON - Euro zone government bond yields rose on Thursday as investors awaited economic growth and inflation data for clues on the size of the European Central Bank's expected interest rate hike next week. Germany's 10-year government bond yield , the euro area's benchmark, rose 6 basis points to 2.45% after dropping around 10 bps in the last two sessions. For a full report, click on - - - -
TOKYO - Japanese government bond yields largely rose on Thursday as investors remained cautious about a possible change in the Bank of Japan's (BOJ) ultra-rate policy. Benchmark 10-year JGB futures fell 0.03 yen to 148.01, with a trading volume of 12,121 lots. For a full report, click on COMMODITIES
GOLD - Gold reversed course and fell on Thursday, as the dollar gained after weaker U.S. economic readings failed to upend expectations of another interest rate hike by the Federal Reserve next week amid stubborn inflation. Spot gold was down 0.3% at $1,984.29 per ounce by 1:04 p.m. EDT (1704 GMT), while U.S. gold futures fell 0.1% to $1,993.40. For a full report, click on - - - -
IRON ORE - Iron ore benchmarks moved in opposite directions on Thursday, with Dalian futures rebounding after a six-session slump, while prices in Singapore dipped, as uncertainty over demand for the steelmaking ingredient in China kept traders cautious. The most-traded September iron ore on China's Dalian Commodity Exchange ended morning trade 1.3% higher at 718.50 yuan ($103.76) a tonne, bouncing off a 19-week low hit on Wednesday. For a full report, click on - - - -
BASE METALS - Copper prices rebounded after slumping to their lowest in nearly four months on Thursday after U.S. economic data spurred gains in the dollar and investors worried about demand in top metals consumer China. Three-month copper CMCU3 on the London Metal Exchange (LME) was up 0.3% at $8,574.50 a tonne by 1605 GMT, bouncing after hitting its lowest since Jan. 6 at $8,426. For a full report, click on - - - -
OIL - Oil prices steadied on Thursday, paring some losses from the previous session, after Russia said OPEC+ sees no need for further output cuts. Brent crude futures rose 64 cents to $78.33 a barrel by 1:05 p.m. EDT (1705 GMT). West Texas Intermediate crude rose 60 cents to $74.90. For a full report, click on - - - -
PALM OIL - Malaysian palm oil futures dropped more than 3% on Thursday, hitting their lowest closing in over six months after Indonesia allowed more of its products to enter the global market. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange closed down 115 ringgit, or 3.22%, to 3,455 ringgit ($774.66) a tonne, its lowest closing since Oct. 3. For a full report, click on - - - -
RUBBER - Japanese rubber futures contracted for a second session on Thursday, as
supply concerns in top producer countries eased while weak economic data dragged down
prices further.
Osaka Exchange's rubber contract for October delivery , finished
3.7 yen, or 1.8%, lower at 207.7 yen ($1.55) per kg.
For a full report, click on - - - -
(Bengaluru Bureau; +91 80 6749 1130)
