Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** NZX 50** 97.69 7,255.70 -8.40 11,987.3
DJIA 33,487.87 -73.94 NIKKEI** 29,122.18 -120.64
Nasdaq FTSE**
12,259.552 80.00 7,741.33 -22.76
S&P 500 4,129.20 10.03 Hang Seng**
19,762.2 -105.38
SPI 200 Fut STI**
7,235.00 -27.00 3,242.29 -0.66
SSEC** KOSPI**
3,319.15 -38.52 2,496.51 -13.55
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.423 0.011 3.344 0.035
AU 10 YR Bond US 10 YR Bond
3.399 -0.062 3.4464 -0.076
NZ 10 YR Bond US 30 YR Bond
4.181 -0.002 3.8046 -0.044
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Currencies
SGD US$ KRW US$
1.3261 -0.0012 1,319.47 -6.45
AUD US$ NZD US$
0.6763 0.0001 0.6353 0.0023
EUR US$ Yen US$
1.0974 0.0014 134.28 -0.93
THB US$ PHP US$
33.65 -0.06 55.7 -0.08
IDR US$ INR US$
14,720 -5 81.92 -0.18
MYR US$ TWD US$
4.456 0.009 30.729 0.027
CNY US$ HKD US$
6.9345 0.0145 7.8306 -0.0106
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Commodities
Spot Gold Silver (Lon)
2,030.74 -3.43 25.3729 -0.2446
U.S. Gold Fut 2,037.10 -5.8 Brent Crude
76.36 -1.08
Iron Ore CNY724 10 TRJCRB Index - -
TOCOM Rubber JPY212.1 LME Copper 8,477 -116
1
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** indicates closing price
All prices as of 18:30 GMT
EQUITIES GLOBAL - Stocks wavered, oil prices initially recovered and bond yields slid on Wednesday after data showed U.S. consumer prices in April rose at a slower-than-expected pace, evidence that the Federal Reserve has been succeeding in its inflation fight. MSCI's gauge of stocks across the world edged down 0.06% For a full report, click on - - - -
NEW YORK - The Nasdaq led gains among Wall Street's main indexes on Wednesday as a slightly lower-than-expected increase in inflation last month indicated that the Federal Reserve's rapid interest rate hikes were yielding result. At 12:07 p.m. ET, the Dow Jones Industrial Average was down 136.11 points, or 0.41%, at 33,425.70, the S&P 500 was up 2.17 points, or 0.05%, at 4,121.34, and the Nasdaq Composite was up 69.54 points, or 0.57%, at 12,249.09. For a full report, click on - - - -
LONDON - European shares dropped on Wednesday as strong underlying inflation in the U.S. indicated that the Federal Reserve may need to keep interest rates elevated for a while, while a slew of upbeat corporate earnings helped stave off a steeper fall. The pan-European STOXX 600 index closed 0.4% lower. For a full report, click on - - - -
TOKYO - Japan's Nikkei share average dropped from a 16-month peak on Wednesday, as cautious investors took profits ahead of crucial U.S. inflation data that could influence the path for the Federal Reserve's monetary policy. The Nikkei ended down 0.41% at 29,122.18.
For a full report, click on - - - -
SHANGHAI - Chinese stocks extended declines on Wednesday after a disappointing April trade data, and as traders cautiously awaited the latest U.S. inflation report. China's blue-chip CSI 300 Index dropped 0.77%, while the Shanghai Composite Index fell 1.15%. For a full report, click on - - - -
AUSTRALIA - Australian shares fell on Tuesday, weighed by weakness in financial and mining stocks, while investors remained cautious ahead of a U.S. consumer price index report scheduled to come later in the day. The S&P/ASX 200 index closed 0.1% lower to 7,255.7-points. For a full report, click on - - - -
SEOUL - South Korean shares slid for a second consecutive day on Wednesday as investors opted to boost cash holdings on caution ahead of U.S. inflation data, due in several hours, and amid the uncertainty in U.S. debt ceiling talks. The benchmark KOSPI fell 13.55 points, or 0.54%, to close at 2,496.51, after a 0.1% drop on Tuesday. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar fell against other major currencies on Wednesday on news that U.S. inflation slowed more than expected, increasing the likelihood that the Federal Reserve could pause its interest rate hikes. Against a basket of currencies, the dollar index fell 0.2% to 101.38 after hitting a low of 101.21. For a full report, click on - - - -
SHANGHAI - The yuan weakened on Wednesday as April trade data heightened concerns about the outlook for China's economic growth, and a widening yield differential between U.S. and Chinese bonds also deterred investors. Spot yuan opened at 6.9240 per dollar and traded at 6.9272 at midday For a full report, click on - - - -
AUSTRALIA - The Australian and New Zealand dollars held tight ranges ahead of U.S. inflation data on Wednesday as traders tempered expectations Fed rates may have peaked and worries about debt ceiling negotiations in Washington capped confidence. The Aussie was little changed at $0.6762, having eased 0.3% overnight to as low as $0.6747 For a full report, click on - - - -
SEOUL - The won ended onshore trade at 1,324.8 per dollar on Wednesday, 0.07% lower than its previous close at 1,323.9. For a full report, click on - - - -
TREASURIES
NEW YORK - U.S. Treasury yields fell on Wednesday after consumer price data for April came in roughly in line with economists' expectations, a relief to some investors who were concerned that price pressures may have been stronger than expected. Benchmark 10-year note yields fell around 5 basis points to 3.462% For a full report, click on - - - -
LONDON - Euro zone government bond yields fell on Wednesday after data showed U.S. inflation slowed more than expected in April on an annual basis, reducing the pressure on the Federal Reserve to raise interest rates again. Germany's 10-year government bond yield , the euro area's benchmark, was last down 5 basis points (bps) at 2.285% For a full report, click on - - - -
TOKYO - Japanese government bond (JGB) yields fell on Wednesday amid caution for U.S. April consumer price inflation data due later in the day. The 10-year JGB yield fell 1 basis point (bp) to 0.410% For a full report, click on COMMODITIES
GOLD - Gold prices slipped on Wednesday as optimism over the Federal Reserve cutting interest rates this year faded after a mixed U.S. inflation report, triggering profit-taking among some investors. Spot gold was down 0.2% to $2,030.40 per ounce by 1:42 p.m. EDT (1742 GMT)
For a full report, click on - - - -
IRON ORE - Benchmark iron ore futures rose on Wednesday, supported by renewed optimism around demand prospects in top steel producer China, though other steelmaking ingredients including coking coal slumped after a two-day advance. On China's Dalian Commodity Exchange, iron ore's most-traded September contract ended daytime trade 0.3% higher at 724 yuan ($104.74) a tonne. It earlier touched 733 yuan, its strongest since April 24. For a full report, click on - - - -
BASE METALS - Copper and other industrial metals fell on Wednesday after weak trade data from top consumer China cemented expectations that demand will remain lacklustre. Benchmark copper on the London Metal Exchange (LME) was down 1.3% at $8,477 a tonne at 1622 GMT For a full report, click on - - - -
OIL - Oil prices fell about 2% in a volatile trade on Wednesday, on track to end a three-day rally, as economic data suggested that the U.S. Federal Reserve might hike interest rates further in its bid to combat inflation. Brent crude dropped $1.48, or 1.9%, to $75.96 a barrel by 1:28 p.m. EDT (1728 GMT), while the U.S. West Texas Intermediate crude (WTI) fell $1.63, or 2.2%, to $72.08 a barrel. For a full report, click on - - - -
PALM OIL - Malaysian palm oil futures fell on Wednesday despite a deeper-than-expected cut in April production and stockpiles, as investors shifted focus to rising supply from top producer Indonesia. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange closed down 106 ringgit, or 2.78%, to 3,701 ringgit ($834.50) a tonne, ending a five-day climb. For a full report, click on - - - -
RUBBER - Japanese rubber futures extended losses for a second day on Wednesday due to a weaker Shanghai market, as traders wait on U.S. consumer inflation data due later in the day. Osaka Exchange's rubber contract for October delivery , finished 0.9 yen or 0.4% lower, at 211.1 yen ($1.56) per kg, shedding gains of 0.9% earlier in the session. For a full report, click on - - - - (Bengaluru Bureau; +91 80 6749 1130)
