Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** NZX 50** -79.54 7,220.00 26.90 11,889.01
DJIA** 33,674.38 546.64 NIKKEI** 29,157.95 34.77
Nasdaq** FTSE**
12,235.413 269.02 7,778.38 75.74
S&P 500** 4,136.25 75.03 Hang Seng**
20,049.31 100.58
SPI 200 Fut STI**
7,284.00 64.00 3,266.63 -2.55
SSEC** KOSPI**
3,334.50 -15.96 2,500.94 -0.46
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.42 -0.001 3.277 -0.003
AU 10 YR Bond US 10 YR Bond
3.395 0.056 3.4351 0
NZ 10 YR Bond US 30 YR Bond
4.11 -0.03 3.75 0
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Currencies
SGD US$ 0 KRW US$
0 1,317.47 -5.48
AUD US$ 0 NZD US$
0 0.6293 0.0015
EUR US$ Yen US$
1.1017 0.0006 134.83 0.56
THB US$ PHP US$
33.88 0.11 55.29 -0.08
IDR US$ INR US$
14,670 -5 81.72 0.02
MYR US$ TWD US$
4.435 -0.015 30.641 -0.025
CNY US$ HKD US$
6.908 -0.0048 7.8474 0
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Commodities
Spot Gold Silver (Lon)
2,016.5428 -34.5656 25.65 -0.415
U.S. Gold Fut 2,024.80 Brent Crude 75.30 2.80
-30.9
Iron Ore CNY697.5 TRJCRB Index
-1 - -
TOCOM Rubber JPY209.5 LME Copper 8,568.50
-3.7 67.5
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** indicates closing price All prices as of 17:55 GMT
EQUITIES GLOBAL - A global gauge of stocks rallied and U.S. Treasuries and gold sold off on Friday as strong U.S. jobs data brightened the economic outlook and traders pared expectations of Federal Reserve easing after a long spate of rate hikes. MSCI's gauge of stocks across the globe was gaining 1.48% and on track for its biggest one-day percentage gain since Jan. 6. However, for the week it still showed a small decline. For a full report, click on - - - -
NEW YORK - U.S. stocks rallied on Friday, with the Dow posting its biggest one-day percentage gain since Jan. 6, as shares of Apple surged more than 4% after upbeat results and U.S. jobs data pointed to a resilient labor market. The Dow Jones Industrial Average rose 546.64 points, or 1.65%, to 33,674.38, the S&P 500 gained 75.03 points, or 1.85%, to 4,136.25 and the Nasdaq Composite added 269.02 points, or 2.25%, to 12,235.41. For a full report, click on - - - -
LONDON - European shares ended Friday on solid ground aided by a boost in shares of HSBC and from energy firms that tracked a rebound in oil prices, but wrapped a week packed with high-profile central bank meetings and heavy earnings with a decline. The pan-European STOXX 600 index closed 1.1% higher, with the oil & gas sector index leading gains, rising 2.7% after crude prices firmed. 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 - Hong Kong stocks finished higher on Friday after data showed China's services activity grew for a fourth consecutive month in April, while mainland China shares declined, dragged down by artificial intelligence-related companies. China's blue-chip CSI300 Index ended 0.3% lower, while the Shanghai Composite Index dropped 0.5%. For a full report, click on - - - -
AUSTRALIA - Australian shares rebounded to end higher on Friday, snapping a three-day losing streak, reflecting strength in local banks and property stocks, while investors remained cautious over the health of the global economic system. The S&P/ASX 200 index rose 0.4% to 7,220 points at the close of trade. For a full report, click on - - - -
SEOUL - South Korean financial markets were closed on Friday, May 5, for a public holiday. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar gave back earlier gains against the euro but stayed stronger against the yen on Friday after jobs gains and wage growth for April beat economists’ forecasts but showed downward jobs revisions for March. The dollar index hit a session high of 101.77, before falling back to 101.19, down 0.13% on the day. The euro fell to $1.0967, before bouncing back to $1.1026, up 0.11%. For a full report, click on - - - -
SHANGHAI - China's yuan firmed within a narrow range on Friday, buoyed by a weaker U.S. dollar, but its strength was capped by the latest data showing a slower pace of economic recovery. The spot yuan opened at 6.9070 per dollar and was changing hands at 6.9101 at midday, 27 pips stronger than the previous late session close and 0.02% stronger than the midpoint. For a full report, click on - - - -
AUSTRALIA - The Australian dollar jumped to a two-week high on Friday after the central bank warned of upside risks on inflation, while the kiwi also benefited from wagers on ever-higher domestic interest rates. The Aussie rose 0.6% to $0.6735, breaking through a major resistance level of the 200-day moving average of $0.6730. For a full report, click on - - - -
TREASURIES
NEW YORK - U.S. Treasury yields finished Friday higher in a reversal from their downward trend most of the week, after the release of labor data showed April employment and wage figures had outpaced market expectations. The yield on two-year notes jumped 19.7 basis points (bps) to 3.924%, while the yield on 10-year notes rose 9.6 bps to 3.448%. The 30-year bond's yield was up 4.1 bps at 3.763%. For a full report, click on - - - -
LONDON - Euro zone government bond yields rose on Friday after data showed that U.S. employment and wages rose by more than economists expected in April. Germany's 2-year bond yield , which is highly sensitive to interest rate expectations, was last up 7 basis points at 2.6%, 2 bps higher than before the data. 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 beat a fast retreat on Friday after stronger-than-expected U.S. payrolls data tempered expectations of interest rate cuts from the Federal Reserve. Spot gold lost 1.7% to $2,015.33 per ounce by 1:40 p.m. EDT (1740 GMT), but was up 1.3% for the week after surging to $2,072.19 on Thursday, just shy of its record high of $2,072.49, following the Fed's hint that its hiking cycle may be ending. For a full report, click on - - - -
IRON ORE
Singapore and Dalian iron ore futures extended declines on Friday, dragged down further by renewed fears of a banking crisis in the United States and lingering worries of diminishing demand amid reduced production by some Chinese steelmakers. The most-traded September iron ore on the Dalian Commodity Exchange (DCE) ended daytime trading 0.99% lower at 697.5 yuan ($100.93) a tonne after touching a new five-month low at 675.5 yuan a tonne in the morning. For a full report, click on - - - -
BASE METALS
Copper prices rose on Friday after strong U.S. jobs data brightened the near-term economic outlook, but the gains only offset losses suffered earlier in the week due to lacklustre demand in China and rising inventories. Benchmark copper on the London Metal Exchange (LME) was up 0.9% at $8,568.50 a tonne at 1601 GMT but still down about 0.3% for the week. For a full report, click on - - - -
OIL
Oil prices rose on Friday but fell for the third straight week after a sharp fall earlier this week ahead of benchmark interest rate rises and on concern that the U.S. banking crisis will slow the economy and sap fuel demand. Brent crude closed $2.80, or 3.9% higher, at $75.30 a barrel. U.S. West Texas Intermediate settled up $2.78, or 4.1%, at $71.34 after four days of declines that sent the contract to lows last seen in late 2021. For a full report, click on - - - -
PALM OIL
Malaysian palm oil futures edged up for the week on Friday as it rose for three straight sessions, supported by expectations of a drop in April stockpile and gains in some rival vegetable oils. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange gained 172 ringgit, or 5.02%, to 3,597 ringgit ($811.05) on closing. 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)
