Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** NZX 50** 60.56 7,193.10 -4.30 11,968.55
DJIA 33,086.87 -327.37 NIKKEI** 29,157.95 34.77
Nasdaq FTSE**
12,004.301 -21.03 7,702.64 -85.73
S&P 500 4,064.19 -26.25 Hang Seng**
19,948.73 249.57
SPI 200 Fut STI**
7,172.00 -19.00 3,269.18 7.17
SSEC** KOSPI**
3,350.46 27.18 2,500.94 -0.46
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.42 -0.001 3.28 -0.049
AU 10 YR Bond US 10 YR Bond
3.279 -0.044 3.3599 -0.043
NZ 10 YR Bond US 30 YR Bond
4.14 0 3.7243 0.009
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Currencies
SGD US$ KRW US$
1.3283 -0.0024 1,323.33 -11.11
AUD US$ NZD US$
0.67005 0.003 0.6287 0.0061
EUR US$ Yen US$
1.1013 -0.0046 134.11 -0.57
THB US$ PHP US$
33.78 -0.15 55.37 0.06
IDR US$ INR US$
14,675 -5 81.7 -0.055
MYR US$ TWD US$
4.45 -0.012 30.666 -0.08
CNY US$ HKD US$
6.91 -0.0079 7.8473 -0.0026
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Commodities
Spot Gold Silver (Lon)
2,046.63 7.6132 25.9639 0.3689
U.S. Gold Fut 2,055.70 30.3 Brent Crude
72.85 0.52
Iron Ore CNY698.5 -20 TRJCRB Index
- -
TOCOM Rubber JPY209.7 LME Copper 8,501 19.5
-3.5
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** indicates closing price
All prices as of 18:22 GMT
EQUITIES GLOBAL - A global measure of stocks was lower while the dollar gained some ground as the European Central Bank raised rates on Thursday and signalled the need for more tightening a day after the U.S. Federal Reserve also raised rates. The pan-European STOXX 600 index lost 0.47% and MSCI's gauge of stocks across the globe shed 0.47%. Emerging market stocks rose 0.68%. For a full report, click on - - - -
NEW YORK - U.S. stock indexes fell on Thursday after PacWest's move to explore strategic options deepened concerns about the health of regional banks, with uncertainty around the path of U.S. interest rates also weighing on the mood. At 11:49 a.m. ET, the Dow Jones Industrial Average was down 405.02 points, or 1.21%, at 33,009.22, the S&P 500 was down 33.95 points, or 0.83%, at 4,056.80, and the Nasdaq Composite was down 59.55 points, or 0.50%, at 11,965.77. For a full report, click on - - - -
LONDON - European shares ended Thursday lower after the European Central Bank eased the pace of its interest rate hikes but signalled more tightening to come, while Swedish builder Skanska tumbled as its earnings were hit by soaring inflation and high rates. The pan-European STOXX 600 index closed 0.5% lower, hovering near one-month lows it hit at the beginning of the week. 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. The broader Topix slid 0.14% to 2,070.42. For a full report, click on - - - -
SHANGHAI - Shanghai and Hong Kong stocks rose on Thursday, led by gains in financials and state-owned enterprises after the May Day holiday, while shares traded in Shenzhen were down. China's blue-chip CSI300 Index was little changed, while the Shanghai Composite Index gained 0.8%. For a full report, click on - - - -
AUSTRALIA - Australian shares ended largely unchanged on Thursday, as heavy drag in financials post-National Australia Bank's dismal outlook offset gains in mining, commodities and energy stocks. The benchmark S&P/ASX 200 index was at 7,193.2 points at the close of trade, falling marginally by about 0.1%. For a full report, click on - - - -
SEOUL - South Korean shares closed steady on Thursday, recovering from early losses and finishing the holiday-shortened week flat, as investors found comfort in the outcome of the U.S. Federal Reserve's latest policy meeting. The benchmark KOSPI held its ground at 2,500.94. The index closed flat for the week, during which there were only three trading sessions due to holidays. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar gained against the euro after the European Central Bank eased its pace of rate hikes, a day after the Federal Reserve hiked rates by 25 basis points and indicated that it may pause further increases. The dollar index was last up 0.30% on the day at 101.52. The index is holding just above a one-year low of 100.78 reached on April 14, and has fallen from a 20-year high of 114.78 on September 28. For a full report, click on - - - -
SHANGHAI - The yuan rose on Thursday on broad selling of the U.S. dollar after the Federal Reserve signalled a pause in its tightening cycle, while China's robust tourism data during the May Day holiday also supported to the local currency. The spot yuan touched a one-week high of 6.8888 per dollar in the onshore market as traders returned from a three-day holiday. For a full report, click on - - - -
AUSTRALIA - The Australian and New Zealand dollars slid on Thursday, undermined by lower commodity prices and renewed U.S. banking fears, while local bonds joined a global rally after the Federal Reserve signalled a pause in its tightening cycle. The Aussie eased 0.2% to $0.6656, after making a modest 0.1% gain overnight against a weaker U.S. dollar. It has major support at $0.6573 and faces resistance at the 200-day moving average of $0.6730. For a full report, click on - - - -
SEOUL - The South Korean won strengthened on Thursday.
The won gained as much as 1.33% before ending the onshore trading up 1.16% against the dollar as top South Korean economic policymakers said they took the Fed's decision and remarks as positive for the domestic markets. For a full report, click on - - - -
TREASURIES
NEW YORK - U.S. Treasury yields slid further on Thursday as several regional banks' stocks took further hits in a sign of the economy's continued weakening. The 10-year Treasury's yield slipped 1.5 basis points to 3.313%, while the two-year's yield fell 11.1 bps to 3.679%, their lowest since April 6. For a full report, click on - - - -
LONDON - Euro zone yields fell on Thursday after the European Central Bank raised rates by 25 bps supporting expectations the central bank is close to the end of its tightening cycle. Germany's 2-year bond yield , which is more sensitive to policy rate expectations, was down 13 bps at 2.55%. 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 made another run toward record highs on Thursday as U.S. banking concerns accelerated a flight to the safe-haven asset and sustained its stellar rally driven by bets for a pause in U.S. rate hikes. Spot gold was up 0.3% at $2,045.79 per ounce by 1:40 p.m. EDT (1740 GMT) after climbing earlier to $2,072.19, shy of a record high of $2,072.49. For a full report, click on - - - -
IRON ORE
Dalian and Singapore iron ore futures hit five-month lows on Thursday, following a more than 10% drop in the past month, with the weaker-than-expected China factory activity data and gloomy near-term downstream demand outlook weighing on sentiment. The benchmark June iron ore on the Singapore Exchange hit a five-month low at $99.2 a tonne but managed to rebounded to $100 a tonne as of 0711 GMT. This came after it had fallen by near 18% in the past month. For a full report, click on - - - -
BASE METALS
Copper prices edged up on Thursday after the U.S. central bank signalled a pause on rate hikes, but gains were subdued as the dollar climbed and investors worried about demand in top metals consumer China. Three-month copper on the London Metal Exchange added 0.4% to $8,501 a tonne by 1415 GMT, snapping two sessions of losses. For a full report, click on - - - -
OIL
Oil prices rose on Thursday after the European Central Bank (ECB) decided to slow the pace of its interest rate hikes, but prices were unable to claw back much of this week's more than 9% decline as demand concerns in major consuming countries weighed. Brent futures were up 32 cents, or 0.44%, to $72.65 a barrel by 11:53 a.m. EDT (1553 GMT). U.S. West Texas Intermediate (WTI) crude CLc1 rose 12 cents, or 0.17%, to $68.72. 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. The contract had earlier fell 2.3%. 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)
