UPDATE 1-Asia Morning Call-Global Markets

DJIA** 33,826.16 524.29 NIKKEI** 28,457.68 41.21 Nasdaq** 12,142.24 287.89 FTSE**

7,831.58 -21.06
S&P 500** 4,136.16 80.17 Hang Seng**

19,840.28 83.01
SPI 200 Fut STI**

7,345 55.00 3,282.03 -11.88
SSEC** KOSPI**

3,285.8844 21.78 2,495.81 10.98
-------------------------------------------------------------------------------------- -- Bonds Net Chng Bonds Net Chng JP 10 YR Bond KR 10 YR Bond

0.462 -0.001 3.341 0.032
AU 10 YR Bond US 10 YR Bond

3.44 0.043 3.5223 0.092
NZ 10 YR Bond US 30 YR Bond

4.098 0.01 3.7544 0.065
-------------------------------------------------------------------------------------- --
Currencies Net Chng Net Chng SGD US$ KRW US$

1.335 -0.0006 1,340.17 2.16
AUD US$ NZD US$

0.66285 0.00245 0.6144 0.0028
EUR US$ Yen US$

1.1024 -0.0016 133.9 0.24
THB US$ PHP US$

34.08 -0.06 55.71 0.05
IDR US$ INR US$

14,700 -130 81.695 -0.045
MYR US$ TWD US$

4.46 0.005 30.71 -0.015
CNY US$ HKD US$

6.9203 -0.0041 7.8495 0.0001
-------------------------------------------------------------------------------------- --
Commodities Net Chng Net Chng Spot Gold Silver (Lon)

1,988.0692 -1.4107 24.9051 0.0151
U.S. Gold Fut 1,997.10 1.00 Brent Crude

78.35 0.66
Iron Ore CNY718.50 TRJCRB Index

2.0 - -
TOCOM Rubber JPY208.3 LME Copper 8,574.50 21.5 0.6

--------------------------------------------------------------------------------------- --

** indicates closing price

All prices as of 20:07 GMT

EQUITIES GLOBAL - U.S. stocks rallied and Treasury yields resumed their climb on Thursday as market participants digested solid earnings amid signs of a dampening economy. The pan-European STOXX 600 index rose 0.18% and MSCI's gauge of stocks across the globe gained 1.16%. For a full report, click on - - - -

NEW YORK - The tech-heavy Nasdaq led a Wall Street rally on Thursday as a strong update from Facebook parent Meta Platforms outweighed concerns over slowing U.S. economic growth. The Dow Jones Industrial Average rose 416.39 points, or 1.25%, to 33,718.26, the S&P 500 gained 63.96 points, or 1.58%, to 4,119.95 and the Nasdaq Composite added 259.25 points, or 2.19%, to 12,113.60. 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 are poised to edge marginally higher on Friday as likely gains in energy stocks are expected to aid the resource-heavy bourse as oil prices surged overnight, while signs of a dampening global economy weighs on sentiment. The local share price index futures rose 0.8%, a 54.3-point premium to the underlying S&P/ASX 200 index close. The benchmark ended 0.3% lower on Thursday. 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 viewed as not likely to deter the Federal Reserve from raising interest rates next week. The dollar index rose 0.1% to 101.50 . For a full report, click on - - - -

CHINA - 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. For a full report, click on - - - -

SEOUL - Korean won weakens 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 nearly 50 basis points 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 9.8 basis points to 3.528%, while the yield on the 30-year Treasury bond was up 7.2 basis points to 3.761%. 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. The 10-year JGB yield inched up 0.5 basis point (bp) to 0.460%, while the 30-year JGB yield rose 1.5 bps to 1.330%. For a full report, click on COMMODITIES

GOLD Gold reversed course and dropped 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 0.1% at $1,988.08 per ounce by 2:16 p.m. EDT (1816 GMT), while U.S. gold futures settled up 0.2% at $1,999. 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 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 losses from the previous session, after a top Russian official said global oil markets were balanced. Brent crude futures settled up 68 cents at $78.37 a barrel, while West Texas Intermediate crude settled up 46 cents at $74.76 a barrel. 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)