Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** NZX 50** 11,937.60 -1.24 7,267.10 10.40
DJIA 33,312.36 11.74 NIKKEI** 29,626.34 238.04
Nasdaq FTSE**
12,338.51 53.77 7,777.7 23.08
S&P 500 4,132.41 8.33 Hang Seng**
19,971.13 343.89
SPI 200 Fut STI**
7,291.00 -4.00 3,214.72 6.17
SSEC** KOSPI**
3,310.74 38.37 2,479.35 3.93
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.411 0.001 3.332 0.061
AU 10 YR Bond US 10 YR Bond
3.463 0.03 3.5019 0.039
NZ 10 YR Bond US 30 YR Bond
4.08 0 3.8347 0.058
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Currencies
SGD US$ KRW US$
1.3362 -0.0026 1,335.62 -6.79
AUD US$ NZD US$
0.67025 0.0061 0.6238 0.0049
EUR US$ Yen US$
1.0874 0.0026 136.07 0.36
THB US$ PHP US$
33.75 -0.18 56.018 0.164
IDR US$ INR US$
14,795 50 82.22 0.047
MYR US$ TWD US$
4.495 0.018 30.813 0.055
CNY US$ HKD US$
6.952 -0.0065 7.8388 -0.0033
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Commodities
Spot Gold Silver (Lon)
2,017.405 6.255 24.0951 0.1851
U.S. Gold Fut 2,022.70 Brent Crude
2.9 75.28 1.11
Iron Ore CNY725 TRJCRB Index
28 - -
TOCOM Rubber JPY211.4 LME Copper 8,279
-1.1 22
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** indicates closing price
All prices as of 18:06 GMT
EQUITIES GLOBAL - U.S. stocks searched for direction and benchmark Treasury yields rose as wavering optimism over a debt ceiling deal from Washington was overshadowed by a dour regional manufacturing report. The pan-European STOXX 600 index rose 0.12% and MSCI's gauge of stocks across the globe gained 0.14%. For a full report, click on - - - -
NEW YORK - The S&P 500 and the Dow were subdued in choppy trading on Monday after manufacturing data amplified worries of an economic slowdown, while gains in the shares of Meta boosted the Nasdaq. At 12:49 p.m. ET, the Dow Jones Industrial Average was up 18.89 points, or 0.06%, at 33,319.51, the S&P 500 was up 6.87 points, or 0.17%, at 4,130.95, and the Nasdaq Composite was up 54.49 points, or 0.44%, at 12,339.23.
For a full report, click on - - - -
LONDON - European stocks climbed on Monday as investors assessed uncertainties around U.S. debt ceiling talks and a runoff election in Turkey, while parsing data for clues on the state of the global economy. The pan-European STOXX 600 index closed 0.3% higher, after hitting a two-week high during the session. For a full report, click on - - - -
TOKYO - Japanese shares ended higher on Monday, with the Nikkei notching its highest close in 1-1/2 years as investors sought stocks with robust earnings, while the yen's weakness also boosted sentiment. The Nikkei share average rose 0.8% to 29,626.34, its highest close November 2021. The broader Topix rose 0.9% to 2,114.85 and is within a whisker of a three-decade high. For a full report, click on - - - -
SHANGHAI - China stocks pared early losses and rebounded strongly on Monday, as investors pinned hopes on policy easing and stimulus measures for the capital market. Hong Kong shares also traded higher driven by Tencent ahead of its first-quarter earnings. China's blue-chip CSI 300 Index rose 1.55%, while the Shanghai Composite Index went up 1.17%, both snapping a four-day losing streak. For a full report, click on - - - -
AUSTRALIA - Australian shares settled slightly higher on Monday, as losses in financials and tech stocks were offset by gains in gold and mining stocks, while Newcrest Mining rose on backing a A$26.2 billion ($17.8 billion) takeover offer. The S&P/ASX 200 index rose 0.1% to close at 7,267.1 points. The benchmark rose 0.5% last week. For a full report, click on - - - -
SEOUL - South Korean shares reversed early losses to close higher on Monday, snapping a four-session losing streak, although global trading sentiment was wobbly due to uncertainties over the U.S. debt ceiling negotiations. The benchmark KOSPI rose 3.93 points, or 0.16%, to end at 2,479.35, after falling up to 0.2% on the day. For a full report, click on - - - -
FOREIGN EXCHANGE NEW YORK - The dollar slid from a five-week high on Monday, pressured by a weak manufacturing index in New York state and as it consolidated gains made last week amid fears about the debt ceiling and the U.S. economy. In late morning trading the dollar index , which measures the greenback's value against six major peers, fell 0.2% to 102.48. Earlier in the session, the dollar touched a five-week high of 102.75. For a full report, click on - - - -
SHANGHAI - China's yuan on Monday weakened to its lowest point in more than two months after the dollar firmed on a jump in U.S. consumers' long-term inflation expectations. In the spot market, the onshore yuan opened at 6.9570 per dollar and eased to a low of 6.9663 at one point, the weakest level since March 10. By midday, it was changing hands at 6.9625, 40 pips weaker than the previous late session close. For a full report, click on - - - -
AUSTRALIA - The Australian and New Zealand dollars rebounded from a two-week low on Monday, after being hammered by global growth concerns, U.S. debt ceiling worries and a jump in U.S. inflation expectations, while local yields climbed. The Aussie rose 0.3% to $0.6660, after diving 1.6% last week - the biggest in two months - to a two-week low of $0.6637. It now faces major resistance at the 200-day moving average of $0.6723 and has support at April's trough of $0.6573. The kiwi dollar also inched up 0.2% to $0.6205, having plunged 1.7% on Friday alone to a two-week low of $0.6185, hurt by an easing in surveyed inflation expectations in New Zealand. It was down 1.6% for the week and has support at $0.6160. For a full report, click on - - - -
SEOUL - The won ended onshore trade at 1,337.0 per dollar, 0.19% lower than its previous close at 1,334.5. In offshore trading, the won was quoted at 1,337.1 per dollar, up 0.4% on the day, while in non-deliverable forward trading its one-month contract was quoted at 1,334.5. For a full report, click on - - - -
TREASURIES
NEW YORK - Longer-dated U.S. Treasury yields ticked higher on Monday on lingering investor concerns that inflation will remain sticky and in line with government bond yields in Europe, where the European Commission forecast higher growth and inflation. Benchmark 10-year yields climbed four basis points to 3.503% and 30-year bonds were up five basis points to 3.832%. For a full report, click on - - - -
LONDON - Euro zone government bond yields rose on Monday as expectations of higher consumer inflation supported the need for further rate hikes, and investors monitored talks in the U.S. to raise the debt limit and avoid a catastrophic debt default. Germany's 10-year government bond yield rose 4 basis points (bps) to 2.304%. For a full report, click on - - - -
TOKYO - Japanese government bond (JGB) yields rose on Monday, with those on the benchmark 10-year securities hitting their highest in more than a week as investors sold bonds after a recent rally. Benchmark 10-year JGB futures fell 0.22 yen to 148.74, with a trading volume of 8,423 lots. For a full report, click on COMMODITIES
GOLD - Gold advanced on Monday on a weaker dollar as traders stuck to bets on interest rate cuts before year-end despite comments from Federal Reserve officials, with focus also on the U.S. debt ceiling talks. Spot gold was up 0.4% at $2,019.37 per ounce by 1:40 p.m. EDT (1740 GMT), rebounding from its one-week low touched on Friday. U.S. gold futures settled up 0.1% at $2,022.70. For a full report, click on - - - -
IRON ORE - Dalian and Singapore iron ore futures rose on Monday, with investor sentiment buoyed by signs of improvement in downstream demand and expectations of a raft of stimulus policies to be rolled out in the world's second-largest economy. The most-traded September iron ore on the Dalian Commodity Exchange (DCE) ended daytime trading 4.17% higher at a three-week high of 725 yuan ($104.89) a tonne after falling 1.3% last week. For a full report, click on - - - -
BASE METALS - Copper prices rose on Monday as a liquidity injection by China's central bank demonstrated support for the Chinese economy and helped the metal recover from a five-month low hit last week. Benchmark copper on the London Metal Exchange (LME) was up 0.3% at $8,279 a tonne by 1615 GMT. The metal had touched $8,136.50 on Friday for its lowest since Nov. 30, pressured by concerns over demand from top consumer China and selling by momentum-based funds. For a full report, click on - - - -
OIL - Oil prices rose a dollar a barrel on Monday on the prospect of tightening supplies in Canada and elsewhere, although recession fears kept pressuring the market. Brent crude futures were up $1.23, or 1.7% to $75.40 a barrel at 1:14 p.m. EDT (1714 GMT). U.S. West Texas Intermediate crude was at $71.32 a barrel, up $1.28, or 1.8%. For a full report, click on - - - -
PALM OIL - Malaysian palm oil futures closed lower on Monday, weighed by concerns over higher production as well as weak demand after larger rival Indonesia lowered its exports tax. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange slid 31 ringgit, or 0.85%, to 3,617 ringgit ($815.56) a tonne, down for a third session out of four. For a full report, click on - - - -
RUBBER - Japanese rubber futures ended a four-day losing streak on Monday, tracking a supply-driven boost in the Shanghai market and a softer yen. Osaka Exchange's rubber contract for October delivery , finished up 3.6 yen, or 1.7%, at 212.5 yen ($1.57) per kg, its biggest daily jump since May 1.
For a full report, click on - - - -
(Bengaluru Bureau; +91 80 6749 1130)
