Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,267.40 -67.20 NZX 50** 34.84 12,037.81
DJIA 33,684.53 -367.17 NIKKEI** 29,157.95 34.77
Nasdaq FTSE**
12,080.506 -132.09 7,773.03 -97.54
S&P 500 4,119.58 -48.29 Hang Seng**
19,933.81 39.24
SPI 200 Fut STI**
7,227.00 -43.00 3,281.99 11.48
SSEC** KOSPI** 2,524.39 22.86
3,323.27 37.39
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.42 -0.001 3.372 0.017
AU 10 YR Bond US 10 YR Bond
3.37 -0.097 3.4352 -0.139
NZ 10 YR Bond US 30 YR Bond
4.145 -0.015 3.7154 -0.102
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Currencies
SGD US$ KRW US$
1.3349 -0.0015 1,342.14 -0.04
AUD US$ NZD US$
0.66635 0.0033 0.6207 0.004
EUR US$ Yen US$
1.0997 0.0022 136.56 -0.92
THB US$ PHP US$
34.06 -0.16 55.39 -0.11
IDR US$ INR US$
14,700 35 81.75 -0.02
MYR US$ TWD US$
4.462 0.004 30.782 0.042
CNY US$ HKD US$
6.9179 -0.0024 7.8496 -0.0001
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Commodities
Spot Gold Silver (Lon)
2,016.24 34.1947 25.37 0.4
U.S. Gold Fut 2,026.70 34.5 Brent Crude
75.32 -3.99
Iron Ore - TRJCRB Index
- - -
TOCOM Rubber JPY213.1 LME Copper 8,520 -76.5
-0.1
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** indicates closing price
All prices as of 20:46 GMT
EQUITIES GLOBAL - Wall Street shares fell on Tuesday, a day ahead of the Federal Reserve's interest rate decision, while U.S. Treasury yields fell as investors worried the government could run out of cash June 1 without a debt ceiling hike. The pan-European STOXX 600 index had closed down 1.24% and MSCI's international gauge of stocks shed 0.96%. Emerging market stocks lost 0.28%. For a full report, click on - - - -
NEW YORK - U.S. stocks ended sharply lower on Tuesday as regional bank shares tumbled on renewed fears over the financial system and as investors tried to gauge how much longer the Federal Reserve may need to hike interest rates. The Dow Jones Industrial Average fell 397.69 points, or 1.17%, to 33,654.01, the S&P 500 lost 47.61 points, or 1.14%, to 4,120.26 and the Nasdaq Composite dropped 120.37 points, or 0.99%, to 12,092.23. For a full report, click on - - - -
LONDON - Europe's STOXX 600 index closed at its lowest level in nearly a month on Tuesday at the beginning of a shortened week packed with high-profile central bank events as energy stocks slumped and Pearson led falls among media companies. The pan-European STOXX 600 index fell 1.2%, closing at its worst level since early April. For a full report, click on - - - -
TOKYO - Most Japanese shares declined on Tuesday as jitters surrounding the U.S. banking system weighed on domestic financial stocks, while exporters got a lift from a weaker yen. The Nikkei share average touched a 16-month peak of 29,278.80 earlier in the session. But by the close it was just 0.09% higher at 29,154.22, with decliners far outnumbering gainers. For a full report, click on - - - -
SHANGHAI - Hong Kong stocks were marginally up on Tuesday as HSBC soared after reporting a tripling in quarterly profit, while investors cautiously evaluated China activity data over the holiday weekend. Hang Seng Index inched up 0.2%, while Hang Seng China Enterprises Index dipped 0.33%. For a full report, click on - - - -
AUSTRALIA - Australian shares are likely to fall on Wednesday, a day after the nation's central bank announced a surprise rate hike, while investors await a the U.S. Federal Reserve's widely anticipated rate decision later in the global day.
The local share price index futures fell 0.5% a 103.6 point discount to the underlying S&P/ASX 200 index close.
For a full report, click on - - - -
SEOUL - South Korean shares rose for a third consecutive session on Tuesday, led by stocks with robust earnings outlook and the sale of First Republic Bank's assets to JPMorgan Chase & Co . The benchmark KOSPI closed up 22.86 points, or 0.91%, at 2,524.39. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar pared gains on Tuesday after data showed that U.S. job openings fell in March while factory orders came in below economists' expectations, a day before the Federal Reserve is expected to hike rates by an additional 25 basis points. The dollar index was last up 0.08% at 102.23 after earlier reaching 102.40, the highest since April 11. 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 - The Australian dollar jumped on Tuesday after the country's central bank raised interest rates and warned that even further tightening might be needed, stunning markets that had wagered heavily on an extended pause. The Aussie climbed 1.0% to $0.6698 after the Reserve Bank of Australia (RBA) lifted rates by 25 basis points to 3.85%, bringing its tightening in the past year to an eye-watering 375 basis points. For a full report, click on - - - -
SEOUL - The South Korean won weakened on Tuesday, while bond yields rose as local markets generally shrugged off data showing the country's inflation in April eased to a 14-month low on an annual basis, as it was in line with expectations. The won ended onshore trade at 1,342.1 per dollar, 0.33% lower than its previous close at 1,337.7. For a full report, click on - - - -
TREASURIES
NEW YORK - U.S. Treasury investors on Tuesday strengthened their bets that the Federal Reserve will reverse its interest rate-hiking course sooner than expected, amid a wide sell-off in regional bank stocks and signs that government funds will run short by June. The yield on 10-year Treasury bonds fell 13.3 basis points from Monday's close to 3.440%, their lowest since April 26. For a full report, click on - - - -
LONDON - Euro zone government bond yields fell on Tuesday, tracking moves in U.S. Treasuries, with the focus on inflation and the banking sector ahead of the European Central Bank's interest rate decision on Thursday. Germany's 10-year yield , the benchmark for the bloc, was down 5 basis points (bps) at 2.264% on Tuesday, having risen more than 10 bps early in the session. Yields move inversely to prices. For a full report, click on - - - -
TOKYO - Japanese government bond (JGB) yields rose on Tuesday, tracking U.S. peers higher, as investors braced for a surprise from central bank meetings in the U.S. and Europe, as well as a series of overseas data releases. The 10-year JGB yield rose 1.5 basis points (bps) to 0.415% and the five-year JGB yield rose 1.5 bps to 0.120%. For a full report, click on COMMODITIES
GOLD Gold extended gains on Tuesday and was on track for its biggest daily rise in a month, as yields dropped on renewed fears of contagion in the U.S. banking sector, ahead of the Federal Reserve's widely anticipated decision to hike interest rates. Spot gold jumped 1.5% to $2,012.19 per ounce by 2:00 p.m. EDT (1800 GMT) after touching its highest since April 14 at $2,019.37 earlier. 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 hit a one-week high on Tuesday as speculators followed short-term bullish signals, but later pulled back on weak factory activity in top metals consumer China and uncertainty about U.S. interest rates. Three-month copper on the London Metal Exchange (LME) fell 0.9% to $8,520 a tonne by 1640 GMT after touching $8,770.15 for its strongest level since April 25. For a full report, click on - - - -
OIL
Oil prices sank about 5% to a five-week low on Tuesday on concerns about the economy, as U.S. politicians discuss ways to avoid a debt default and investors prepare for another U.S. rate hike this week. Brent futures fell $3.76, or 4.7%, to $75.55 a barrel by 1:47 p.m. EDT (1747 GMT), while U.S. West Texas Intermediate (WTI) crude fell $3.79, or 5.0%, to $71.87. For a full report, click on - - - -
PALM OIL
Malaysian palm oil futures extended early gains on Tuesday, recouping losses from last week after the market suffered its deepest drop in seven months on weak demand amid increased Indonesian supply. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange closed up 74 ringgit, or 2.22%, to 3,412 ringgit ($764.68) a tonne, snapping a six-session decline. For a full report, click on - - - -
RUBBER
Japanese rubber futures edged higher for a third session on Tuesday, closing at its
highest since April 3, as trading activity remained subdued due to Labour Day holidays
in China.
Osaka Exchange's rubber contract for October delivery , finished
0.4 yen, or 0.2%, higher at 213.2 yen ($1.55) per kg.
For a full report, click on - - - -
(Bengaluru Bureau; +91 80 6749 1130)
