Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,197.40 -70.00 NZX 50** -129.82 11,907.99
DJIA 33,414.24 -270.29 NIKKEI** 29,157.95 34.77
Nasdaq FTSE**
12,025.328 -55.18 7,788.37 15.34
S&P 500 4,090.75 -28.83 Hang Seng**
19,699.16 -234.65
SPI 200 Fut STI**
7,178.00 -22.00 3,262.01 -19.98
SSEC** KOSPI**
3,323.27 37.39 2,501.4 -22.99
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.42 -0.001 3.329 -0.043
AU 10 YR Bond US 10 YR Bond
3.355 -0.057 3.3674 -0.072
NZ 10 YR Bond US 30 YR Bond
4.144 -0.014 3.69 -0.042
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Currencies
SGD US$ KRW US$
1.3307 -0.0042 1,335.05 -7.16
AUD US$ NZD US$
0.6673 0.001 0.6229 0.0022
EUR US$ Yen US$
1.1052 0.0053 135.16 -1.37
THB US$ PHP US$
33.95 -0.13 55.31 -0.08
IDR US$ INR US$
14,680 -20 81.765 0.015
MYR US$ TWD US$
4.45 -0.012 30.746 -0.036
CNY US$ HKD US$
6.9179 -0.0024 7.8499 0.0002
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Commodities
Spot Gold Silver (Lon)
2,029.51 13.232 25.4533 0.0658
U.S. Gold Fut 2,024.19 11.6 Brent Crude
72.01 -3.31
Iron Ore - TRJCRB Index
- - -
TOCOM Rubber JPY211.3 LME Copper 8,481.5 -38.5
-1.9
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** indicates closing price
All prices as of 20:22 GMT
EQUITIES GLOBAL - MSCI's gauge of stock markets around the world was advancing but trading was choppy on Wednesday while U.S. Treasury yields and the U.S. dollar steepened declines after the U.S. Federal Reserve raised interest rates but indicated that it could hold off on further hikes. MSCI's gauge of stocks across the globe was up 0.1%. For a full report, click on - - - -
NEW YORK - U.S. stocks ended lower on Wednesday, reversing gains after comments by Federal Reserve Chair Jerome Powell left investors wondering what the U.S. central bank's next move would be with interest rate hikes. According to preliminary data, the S&P 500 lost 27.65 points, or 0.67%, to end at 4,091.93 points, while the Nasdaq Composite lost 50.62 points, or 0.46%, to 12,025.33. The Dow Jones Industrial Average fell 261.10 points, or 0.78%, to 33,423.43. For a full report, click on - - - -
LONDON - European shares climbed on Wednesday, a day after their biggest fall in a month, as speculation mounted the U.S. Federal Reserve might deliver its last interest rate hike, while energy stocks extended declines. The pan-European STOXX 600 index ended up 0.3%, after closing at its lowest level in one month on Tuesday. 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. For a full report, click on - - - -
SHANGHAI - Hong Kong stocks snapped a four-session rally on Wednesday, as investors remained concerned that a softening U.S. economy and troubles in the country's regional lenders could slow Asia's growth. The Hang Seng Index ended 1.18% lower, while the Hang Seng China Enterprises Index fell 1.36%. For a full report, click on - - - -
AUSTRALIA - Australian shares are set to slip modestly on Thursday, led by drags in the commodity sectors, while investors keep an eye for any economic woes, even as the U.S. Federal Reserve signaled a possible pause in rate hikes going forward.
The local share price index futures fell 0.3% a 87.45 point discount to the underlying S&P/ASX 200 index close. The benchmark was closed on Thursday due to a public holiday. For a full report, click on - - - -
SEOUL - South Korean shares fell nearly 1% on Wednesday amid caution ahead of U.S. Federal Reserve's rate decision due later in the day. The benchmark KOSPI fell 22.99 points, or 0.91%, to 2,501.40 by the close of the session. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar dropped after the Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and signaled it may pause further increases. The dollar index fell to a session low of 101.05 and the euro hit a session high of $1.10925.
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 New Zealand dollar hopped to two-week highs on Wednesday as upbeat jobs data only added to the case for a further increase in interest rates, while the Australian dollar struggles with another bout of global risk aversion. The kiwi climbed 0.6% to $0.6243 , after adding 0.7% overnight to break resistance around $0.6225. For a full report, click on - - - -
SEOUL - The won strengthened on Wednesday, while the benchmark bond yield fell. The won ended onshore trade at 1,338.2 per dollar, 0.29% higher than its previous close at 1,342.1. For a full report, click on - - - -
TREASURIES
NEW YORK - U.S. Treasury yields fell on Wednesday after the Federal Reserve raised interest rates by 25 basis points, as expected, but signaled a pause in its tightening cycle at the next few meetings - giving officials space to assess ongoing challenges such as bank failures and the continuing saga of the debt ceiling. In midafternoon trading, U.S. two-year yields, which reflect rate move expectations, were last down 2.9 basis points (bps) at 3.951% . The yield on benchmark 10-year notes slid 2.8 bps to 3.408%. For a full report, click on - - - -
LONDON - Investors in euro zone government bonds waited on the sidelines on Wednesday ahead of the Federal Reserve and the European Central Bank policy meetings. Germany's 10-year government bond yield was roughly flat at 2.249%, around 52 bps below its highest level since July 2011 hit in early March. 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 firmed on Wednesday after a brief jump to nearly 1% as the U.S. Federal Reserve delivered a widely expected rate hike and signalled a pause in further increases. Spot gold was 0.4% higher at $2,024.19 per ounce by 3:25 p.m. EDT (19:25 GMT) after touching its highest since April 14 at $2,036.15 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
Aluminium and copper prices in London fell on Wednesday as investors awaited the U.S. Federal Reserve's decision on interest rates as concerns about global economic growth persist. Three-month copper on the London Metal Exchange (LME) was down 0.4% at $8,481.5 a tonne by 1643 GMT, having touched a one-week high of $8,770.15 on Tuesday. Aluminium fell 1.9% to $2,321 per tonne. For a full report, click on - - - -
OIL
Oil prices fell 4% on Wednesday, extending steep losses from the previous session after the U.S. Federal Reserve raised interest rates and as investors fretted about the economy. Brent futures settled $2.99 lower, or 4%, to $72.33 a barrel, the global benchmark's lowest close since December 2021. Brent hit a session low of $71.70 a barrel, its lowest since March 20. For a full report, click on - - - -
PALM OIL
Malaysian palm oil futures reversed early losses on Wednesday to end higher for a second session, although sluggish export shipments and poor demand weighed on prices. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange closed up 9 ringgit, or 0.26%, to 3,430 ringgit ($770.79) a tonne. 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)
