Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,255.70 -8.40 NZX 50** 97.69 11,987.3
DJIA 33,487.87 -73.94 NIKKEI** 29,122.18 -120.64
Nasdaq FTSE**
12,306.442 126.89 7,741.33 -22.76
S&P 500 4,129.20 10.03 Hang Seng**
19,762.2 -105.38
SPI 200 Fut STI**
7,248.00 -14.00 3,242.29 -0.66
SSEC** KOSPI** 2,496.51 -13.55
3,319.15 -38.52
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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
3.402 -0.059 3.4407 -0.081
NZ 10 YR Bond US 30 YR Bond
4.185 0.002 3.7974 -0.052
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Currencies
SGD US$ KRW US$
1.3248 -0.0025 1,317.52 -8.4
AUD US$ NZD US$
0.67785 0.00165 0.6368 0.0038
EUR US$ Yen US$
1.0983 0.0023 134.34 -0.87
THB US$ PHP US$
33.64 -0.07 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$
6.9288 0.0088 7.8308 -0.0104
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Commodities
Spot Gold Silver (Lon)
2,031.19 -2.98 25.3983 -0.2192
U.S. Gold Fut 2,037.10 -5.8 Brent Crude
76.62 -0.82
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 20:30 GMT
EQUITIES GLOBAL - A gauge of global stock markets wavered and bond yields slid on Wednesday after data showed U.S. consumer prices in April rose at a slower-than-expected pace, suggesting the Federal Reserve is succeeding in taming high inflation. MSCI's U.S.-centric gauge of stocks across the world edged up 0.09% For a full report, click on - - - -
NEW YORK - The S&P 500 and Nasdaq indexes rose on Wednesday, helped by a slightly lower-than-expected increase in April inflation and Alphabet Inc's GOOGL.O latest artificial intelligence rollout. According to preliminary data, the S&P 500 gained 17.93 points, or 0.44%, to end at 4,137.10 points, while the Nasdaq Composite gained 124.68 points, or 1.04%, to 12,304.23. The Dow Jones Industrial Average fell 33.45 points, or 0.10%, to 33,528.36. 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 are set to slide marginally on Thursday as domestic mining stocks are expected to track weak commodity prices overnight, while April's inflation data in the U.S. suggested the Federal Reserve might hike interest rates further. The local share price index futures fell 0.2%, a 9.7-point discount to the underlying S&P/ASX 200 index close. 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 remained stable against a basket of currencies on Wednesday as data showed inflation slowed slightly more than expected last month but gave traders little clarity on the U.S. monetary policy outlook. The dollar index in afternoon trading was at 101.48, up 0.1% after hitting a low of 101.21 earlier. 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 were last at 3.439%, down 8 basis points on the day 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 edged lower on Wednesday as optimism over the Federal Reserve cutting interest rates this year faded after U.S. inflation report, triggering profit-taking among some investors. Spot gold was down 0.2% at $2,030.70 per ounce by 2:06 p.m. EDT (1806 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 by more than a dollar a barrel on Wednesday, ending a three-day rally, as economic data suggested that the U.S. Federal Reserve might hike interest rates further. Brent crude dropped $1.03, or 1.3%, to settle at $76.41 a barrel while U.S. West Texas Intermediate crude (WTI) fell $1.15, or 1.6%, to $72.56 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)
