Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,267.10 10.40 NZX 50** 11,937.60 -1.24 DJIA** 33,348.60 47.98 NIKKEI** 29,626.34 238.04 Nasdaq** 12,365.21 80.47 FTSE**
7,777.7 23.08
S&P 500** 4,136.28 12.20 Hang Seng**
19,971.13 343.89
SPI 200 Fut STI**
7,298 3.00 3,214.72 6.17
SSEC** KOSPI**
3,310.7367 38.37 2,479.35 3.93
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Bonds Net Chng Bonds Net Chng
JP 10 YR Bond KR 10 YR Bond
0.411 0.001 3.332 0.061
AU 10 YR Bond US 10 YR Bond
3.464 0.031 3.5019 0.039
NZ 10 YR Bond US 30 YR Bond
4.08 0 3.8447 0.068
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Currencies Net Chng Net Chng
SGD US$ KRW US$
1.336 -0.0028 1,335.61 -6.8
AUD US$ NZD US$
0.67025 0.0061 0.6236 0.0047
EUR US$ Yen US$
1.0874 0.0026 136.05 0.34
THB US$ PHP US$
33.75 -0.18 56 0.146
IDR US$ INR US$
14,795 50 82.23 0.057
MYR US$ TWD US$
4.495 0.018 30.813 0.055
CNY US$ HKD US$
6.952 -0.0055 7.8385 -0.0036
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Commodities Net Chng Net Chng
Spot Gold Silver (Lon)
2,015.71 4.56 24.0632 0.1532
U.S. Gold Fut 2,022.70 2.9 Brent Crude
75.36 1.19
Iron Ore CNY725 28 TRJCRB Index
- -
TOCOM Rubber JPY211.4 LME Copper 8,279 22
-1.1
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** indicates closing price
All prices as of 20:17 GMT
EQUITIES GLOBAL - U.S. stocks struggled for gains with tech shares putting the Nasdaq out front on Monday, and benchmark Treasury yields rose amid wavering optimism over a debt ceiling deal from Washington. The pan-European STOXX 600 index rose 0.25% and MSCI's gauge of stocks across the globe gained 0.33%. For a full report, click on - - - -
NEW YORK - The S&P 500 and the Dow ended with modest gains on Monday after manufacturing data raised concerns about a slowing U.S. economy that could help bring down inflation amid ongoing debt ceiling negotiations, while a rise in Meta shares helped lift the Nasdaq. The Dow Jones Industrial Average rose 47.98 points, or 0.14%, to 33,348.6, the S&P 500 gained 12.2 points, or 0.30%, to 4,136.28 and the Nasdaq Composite added 80.47 points, or 0.66%, to 12,365.21. 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 are likely to open flat on Tuesday as concerns raised by the U.S. manufacturing data about the slowing economy are expected to pare gains made by domestic commodity stocks from strong underlying prices.
The local share price index futures fell 0.01%, a 26.9-point premium to the underlying S&P/ASX 200 index close. The benchmark rose 0.1% on Monday.
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 fell from a five-week high on Monday, as investors consolidated gains made last week on the greenback and awaited news from Washington on how to address the debt ceiling issue, which could force the U.S. government to default on its debt if not resolved. In afternoon trading, the dollar index , which measures the greenback's value against six major currencies, fell 0.3% to 102.40. 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 - U.S. Treasury yields ticked higher on Monday on lingering investor concerns that inflation will remain sticky, while uncertainty around the U.S. debt ceiling added to worries about the economic outlook. Benchmark 10-year yields climbed four basis points to 3.507% and 30-year bonds were up nearly seven basis points to 3.842%, also reflecting moves in government bonds in Europe, where the European Commission forecast higher growth and inflation. 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 after three straight sessions of declines, boosted by the prospect of tightening supplies in Canada and elsewhere, although recession fears kept pressuring the market. Brent crude futures rose $1.06, or 1.4% to settle at $75.23 a barrel. U.S. West Texas Intermediate crude settled at $71.11 a barrel, up $1.07, or 1.5%. 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)
