Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,334.60 25.40 NZX 50** -16.87 12,002.97
DJIA 34,051.70 -46.46 NIKKEI** 29,123.18 266.74
Nasdaq FTSE**
12,212.598 -13.99 7,870.57 38.99
S&P 500 4,167.87 -1.61 Hang Seng**
19,894.57 54.29
SPI 200 Fut STI**
7,337.00 -4.00 3,270.51 -11.52
SSEC** KOSPI** 2,501.53 5.72
3,323.27 37.39
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.407 0.006 3.367 0.012
AU 10 YR Bond US 10 YR Bond
3.434 0.071 3.5719 0.12
NZ 10 YR Bond US 30 YR Bond
4.143 0.068 3.8099 0.133
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Currencies
SGD US$ KRW US$
1.3365 0.0023 1,341.76 3.98
AUD US$ NZD US$
0.663 0.0013 0.6164 -0.0019
EUR US$ Yen US$
1.0974 -0.0046 137.46 1.18
THB US$ PHP US$
34.22 0.1 55.5 0.03
IDR US$ INR US$
14,665 -35 81.77 0.05
MYR US$ TWD US$
4.458 -0.002 30.74 0.03
CNY US$ HKD US$
6.9179 -0.0024 7.8499 0.0004
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Commodities
Spot Gold Silver (Lon)
1,981.425 -8.2225 24.9796 -0.0567
U.S. Gold Fut 1,992.20 -6.9 Brent Crude
79.33 -1
Iron Ore CNY- TRJCRB Index
- - -
TOCOM Rubber JPY213.6 LME Copper
0.8 - -
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** indicates closing price
All prices as of 20:43 GMT
EQUITIES
GLOBAL - Because of the Labour Day holiday in several markets on Monday, May 1, there will be no GLOBAL MARKETS report during Asian hour.
Coverage from Asia will resume on Tuesday. For a full report, click on - - - - NEW YORK - U.S. stocks ended little changed on Monday as investors took in the weekend auction of First Republic Bank FRC.N and braced for another expected interest rate hike from the Federal Reserve this week. According to preliminary data, the S&P 500 lost 2.15 points, or 0.05%, to end at 4,167.33 points, while the Nasdaq Composite .IXIC lost 14.83 points, or 0.12%, to 12,211.75. The Dow Jones Industrial Average .DJI fell 50.42 points, or 0.15%, to 34,047.74. For a full report, click on - - - - LONDON - European shares staged a late-day turnaround on Friday after upbeat earnings and a rise in oil stocks helped the main STOXX 600 index shrug off bleak euro zone data and a fall in bank stocks. The STOXX 600 index gained 0.6% adding 1.9% this month, driven by earnings following a turbulent month of March after the collapse of two U.S. regional lenders and the Swiss state-sponsored rescue of Credit Suisse . For a full report, click on - - - - TOKYO - Japan's Nikkei share average hit a more than eight-month high on Monday, topping the key psychological 29,000 level after the Bank of Japan's (BOJ) continued dovish stance pushed the yen to a nearly two-month low. The Nikkei gained 0.92% to end at 29,123.18, after rising as high as 29,145.89 earlier, a level last seen on Aug. 19. For a full report, click on - - - -
SHANGHAI - China's mainland financial markets will be closed from Monday, May 1 to Wednesday, May 3 for the Labour Day holiday. Markets will resume trade on Thursday, May 4. For a full report, click on - - - - AUSTRALIA - Australian shares are likely to drift within a narrow range on Tuesday, ahead of a decision from the Reserve Bank of Australia, where the central bank is expected to hold rates for the second consecutive time.
The local share price index futures fell 0.04%, a 27.8 point premium to the underlying S&P/ASX 200 index close. For a full report, click on - - - - SEOUL - South Korean financial markets are closed on Monday for a public holiday. Markets will resume trade at normal hours on Tuesday, May 2. For the latest market reports from South Korea, please click and . For a full report, click on - - - - FOREIGN EXCHANGE NEW YORK - The dollar rose to an almost two-week high against a basket of currencies on Monday before the Federal Reserve is expected to hike interest rates by an additional 25 basis points and after data showed that U.S. manufacturing pulled off a three-year low in April. The dollar index was last up 0.41% on the day at 102.13 after reaching 102.19, the highest since April 19.
For a full report, click on - - - - SHANGHAI - China's mainland financial markets will be closed from Monday, May 1 to Wednesday, May 3 for the Labour Day holiday. Markets will resume trade on Thursday, May 4. For a full report, click on - - - - AUSTRALIA - Currencies were in limbo on Monday as holidays in most of Asia made for thin trading, while traders braced for a packed week of central bank meetings that would offer the latest guidance on future rate hikes across continents. The Australian dollar was also on the defensive on Monday, easing 0.1% to $0.6610. The currency fell 1.1% last week to a seven-week low of $0.6573, but has found strong support at the March trough of $0.6564. For a full report, click on - - - -
SEOUL - South Korean financial markets are closed on Monday for a public holiday. Markets will resume trade at normal hours on Tuesday, May 2. For the latest market reports from South Korea, please click and . For a full report, click on - - - - TREASURIES NEW YORK - U.S. Treasury yields moved higher on Monday after JPMorgan JPM.N said it would buy most of the assets of First Republic Bank FRC.N, the troubled lender seized by regulators at the weekend. The yield on 10-year Treasury notes US10YT=RR ticked up 7.2 basis points to 3.55%, while the yield on 30-year notes US30YT=RR rose 7.6 basis points to just under 3.80%. For a full report, click on - - - - LONDON - Euro zone bond yields headed for their biggest weekly drop since mid-March on Friday after data showed the region's economy was weaker than expected in the first quarter and inflationary pressures in some countries are easing rapidly. Germany's 2-year bond yield , which is highly sensitive to interest rate expectations, was last down 12 basis points (bps) at 2.777%. For a full report, click on - - - - TOKYO - Japanese government bond yields stabilised on Monday near the one-month lows reached after the Bank of Japan kept stimulus settings in place and signalled no rush to normalize policy. The 10-year JGB yield was flat at 0.39% as of around 0500 GMT after earlier dipping to 0.38% for the first time since April 4. For a full report, click on COMMODITIES GOLD Gold prices edged lower on Monday as the dollar rose after better-than-expected U.S. manufacturing data, while markets await the Federal Reserve's rate hike decision this week. Spot gold was down 0.3% at $1,983.29 per ounce by 12:45 p.m. EDT (1645 GMT), reversing nearly 1% gains made earlier in the session. For a full report, click on - - - - IRON ORE The Singapore Exchange will be closed for a Labour Day holiday on May 1 while the Dalian Commodity Exchange and the Shanghai Futures Exchange will be closed over May 1-3 for the same holiday, the bourses said. Reuters will have no ferrous metals market report over May 1-3. Normal reporting will resume on May 4. For a full report, click on - - - - BASE METALS
Copper prices steadied on Friday as China pledged to boost growth in the world's
top metals consumer, but gains were capped by weak demand and signs of a slowing global
economy.
Three-month copper on the London Metal Exchange (LME) edged up 0.1% to
$8,596.50 a tonne by 1630 GMT, having earlier risen to $8,648. It touched its lowest in
nearly four months on Thursday.
For a full report, click on - - - -
OIL
Oil prices dropped by nearly $2 per barrel on Monday after weak economic data from
China and expectations of another U.S. interest rate hike outweighed support from OPEC+
supply cuts that take effect this month.
Brent crude fell $1.88, or 2.3%, to $78.45 a barrel by 1:28 p.m. EDT (1728
GMT). U.S. West Texas Intermediate (WTI) crude CLc1 slid $1.90, or 2.5%, to trade at
$74.88.
For a full report, click on - - - -
PALM OIL
Malaysian palm oil futures slumped on Friday to record its biggest monthly decline
since September, as traders factored in weak exports and larger supply from top
producer Indonesia.
The benchmark palm oil contract for July delivery on the Bursa Malaysia
Derivatives Exchange closed down 102 ringgit, or 2.95%, to 3,353 ringgit ($752.13) a
tonne, its lowest closing since Sept. 29.
For a full report, click on - - - -
RUBBER
Japanese rubber futures climbed 2% on Monday in thin trade, supported by a weaker
yen after the Bank of Japan announced it would keep rates ultra-low, although concerns
over China's slow economic recovery limited gains.
The Osaka Exchange (OSE) rubber contract for October delivery JRUc6, 0#2JRU:
finished 4.1 yen, or 2%, higher at 212.8 yen ($1.6) per kg.
For a full report, click on - - - -
(Bengaluru Bureau; +91 80 6749 1130)
