Asia Morning Call-Global Markets
Oct 30 (Reuters) -
Stock Markets | closing level) | Net Chng | Stock Markets | Net Chng | |
S&P/ASX 200** | 8249.2 | +27.7 | NZX 50** | 12783.36 | +11.75 |
DJIA | 42233.05 | -154.52 | NIKKEI** | 38903.68 | +298.15 |
Nasdaq | 18712.748 | +145.559 | FTSE** | 8219.61 | -66.01 |
S&P 500 | 5832.92 | +9.4 | Hang Seng** | 20701.14 | +101.78 |
SPI 200 Fut | 8268 | -7 | STI** | 3590.36 | +6.28 |
SSEC** | 3286.407 | -35.7905 | KOSPI** | 2617.8 | +5.37 |
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Bonds | Bonds | ||||
JP 10 YR Bond | 0.97 | 0 | KR 10 YR Bond | 10448.82 | -8.359 |
AU 10 YR Bond | 92.259 | +0.04 | US 10 YR Bond | 96.921875 | +0.125 |
NZ 10 YR Bond | 98.32 | -0.152 | US 30 YR Bond | 95.8125 | +0.375 |
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Currencies | |||||
SGD US$ | 1.3251 | +0.0024 | KRW US$ | 1384.41 | +2.32 |
AUD US$ | 0.65565 | -0.00265 | NZD US$ | 0.5968 | -0.0012 |
EUR US$ | 1.0815 | +0.0003 | Yen US$ | 153.38 | +0.10 |
THB US$ | 33.65 | -0.12 | PHP US$ | 58.25 | +0.01 |
IDR US$ | 15755 | +35 | INR US$ | 84.05 | -0.1 |
MYR US$ | 4.3710 | +0.013 | TWD US$ | 32.101 | +0.011 |
CNY US$ | 7.1280 | +0.0014 | HKD US$ | 7.7710 | -0.0004 |
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Commodities | |||||
Spot Gold | 2772.39 | +30.4129 | Silver (Lon) | 34.4297 | +0.7347 |
U.S. Gold Fut | 2784.9 | +29 | Brent Crude | 71.12 | -0.3 |
Iron Ore | CNY777.5 | -6 | TRJCRB Index | - | - |
TOCOM Rubber | JPY360.8 | -4.2 | Copper | 9550 | +8.5 |
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** indicates closing price
All prices as of 2035 GMT
EQUITIES
GLOBAL - Global stock indexes were mostly slightly higher on Tuesday as investors braced for earnings this week from leading U.S. technology-related names, while Treasury yields hit multi-month highs with the U.S. presidential election just a week away.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 0.50 points, or 0.06%.
For a full report, click on MKTS/GLOB
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NEW YORK - The S&P 500 and Nasdaq closed higher on Tuesday while the Dow fell in choppy trading as investors digested a host of corporate earnings and awaited Google-parent Alphabet's GOOGL.O results after the market close.
According to preliminary data, the S&P 500 .SPX gained 10.05 points, or 0.19%, to end at 5,833.57 points, while the Nasdaq Composite .IXIC gained 146.42 points, or 0.79%, to 18,713.61. The Dow Jones Industrial Average .DJI fell 145.58 points, or 0.34%, to 42,241.99.
For a full report, click on .N
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LONDON - Europe's main stock index dropped on Tuesday, bruised by a handful of bleak quarterly results from industry majors such as energy giant BP, drugmaker Novartis and lender Santander, while caution also prevailed ahead of some crucial economic data.
The pan-European STOXX 600 .STOXX closed 0.6% lower, after touching an over one-week high intraday.
For a full report, click on .EU
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TOKYO - Japan's Nikkei share average secured a second day of gains on Tuesday, as investors bought back shares after domestic election worries sparked a selloff last week.
The Nikkei .N225 ended up 0.8% at a one-week closing high of 38,903.68 after rising nearly 2% in the previous session.
For a full report, click on .T
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SHANGHAI - China stocks ended lower on Tuesday, weighed down by energy and property shares, as investors awaited details on stimulus steps from a top leadership meeting next week, which sources said could include more than $1.4 trillion in extra debt issuance.
China's blue-chip CSI300 Index .CSI300 dropped 1.0%.
For a full report, click on .SS
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AUSTRALIA - Australian shares were set open slightly lower on Wednesday, a fall in underlying commodity prices potentially dragging mining and energy stocks down while investors await the inflation figures due later in the day.
The local share price index futures YAPcm1 fell 0.1%, a 18.8-point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark closed 0.3% higher on Tuesday.
For a full report, click on .AX
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SEOUL - South Korean shares recouped early losses to end slightly higher on Tuesday, as chipmaker Samsung Electronics extended gains on dip-buying, offsetting losses in battery and auto stocks.
The benchmark KOSPI .KS11 closed up 5.37 points, or 0.21%, at 2,617.80, after falling as much as 0.63% during the session.
For a full report, click on KRW/
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FOREIGN EXCHANGE
NEW YORK - The dollar hit three-month highs against the yen on Tuesday, but was little changed on the day against most major currencies as traders bided their time ahead of next week's U.S. election and a slew of incoming economic data.
The dollar was last up 0.12% on the day at 153.47 yen JPY=EBS.
For a full report, click on USD/
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SHANGHAI - China's yuan on Tuesday fell to a two-month low against the dollar, which is drawing support from bets of a possible return of Donald Trump to the White House and as markets await more details of stimulus steps from a top Chinese leadership meeting.
The offshore yuan CNH=D3 broke to the weaker side of 7.15 per dollar, a key resistance level over the past two weeks.
For a full report, click on CNY/
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AUSTRALIA - - The Australian dollar hit new 2-1/2-month lows on Tuesday as the relentless rise in U.S. yields elevated the greenback, with traders now looking ahead to local quarterly inflation data that could make or break the chance of a rate cut this year.
The Aussie AUD=D3 slipped 0.1% to hit $0.6578, the lowest level since mid-August, after falling 0.3% overnight. It is testing a key chart level of $0.6578, and resistance is heavy at the 200-day moving average of $0.6628.
For a full report, click on AUD/
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SEOUL - The South Korean won weakened slightly against the dollar on Tuesday.
The won was quoted at 1,386.5 per dollar on the onshore settlement platform KRW=KFTC, 0.06% lower than its previous close at 1,385.7.
For a full report, click on KRW/
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TREASURIES
NEW YORK - Benchmark 10-year U.S. Treasury yields hit a nearly four-month high on Tuesday on investor wariness to buy the debt before next week's U.S. elections, but dipped later in the day after a strong seven-year note auction.
Benchmark 10-year yields were last down 0.6 basis point at 4.272% US10YT=RR, after earlier hitting a nearly four-month peak of 4.339%.
For a full report, click on US/
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LONDON - Euro zone government bond yields rose across the board on Tuesday, taking their cue from U.S. Treasuries as investors awaited data on domestic inflation and growth later in the week before U.S. elections on Nov. 5.
Germany's 10-year bond yield DE10YT=RR, the benchmark for the euro zone, rose 5 basis points (bps) to 2.34%, not far from a three-month high of 2.352% touched on Monday.
For a full report, click on GVD/EUR
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TOKYO - Japanese government bond (JGB) yields were mostly unchanged on Tuesday, as the market awaited the Bank of Japan's (BOJ) monetary policy decision ahead of a key U.S. jobs report this week.
While some buying was seen earlier in the day, the 10-year JGB yield JP10YTN=JBTC was last flat at 0.97%.
For a full report, click on JP/
COMMODITIES
GOLD - Gold prices hit a record high on Tuesday, as uncertainties surrounding the U.S. presidential election and the Middle East conflict, along with expectations of an interest rate cut by the Federal Reserve, boosted bullion's appeal.
Spot gold XAU= was up 1% at $2,769.25 per ounce as of 10:17 a.m ET (1417 GMT), after hitting a record high of $2,772.42 earlier in the session.
For a full report, click on GOL/
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IRON ORE - Iron ore futures retreated on Tuesday, snapping a two-day winning streak, as uncertainty surrounding top consumer China's plans for fiscal stimulus weighed on the market while a stronger supply outlook further pressured prices.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 0.77% lower at 777.5 yuan ($108.89) a metric ton.
For a full report, click on IRONORE/
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BASE METALS - Copper prices bounced on Tuesday after a Reuters report gave investors renewed hope that top metals consumer China will unleash a large fiscal stimulus package.
Three-month copper on the London Metal Exchange (LME) CMCU3 was little changed at $9,542 per metric ton by 1715 GMT, having earlier gained as much as 1.3%.
For a full report, click on MET/L
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OIL - Oil prices closed slightly lower on Tuesday, adding to a more than 6% drop in the previous session, on a report that Israeli Prime Minister Benjamin Netanyahu will hold a meeting for a diplomatic solution to the war in Lebanon.
Brent crude futures LCOc1 settled down 30 cents, or 0.4%, at $71.12 a barrel.
For a full report, click on O/R
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PALM OIL - Malaysian palm oil futures rose more than 2% on Tuesday, after two sessions of decline, lifted by expectations of reduced palm production and low inventory in the country.
The benchmark palm oil contract FCPOc3 for January delivery on the Bursa Malaysia Derivatives Exchange gained 108 ringgit, or 2.38%, to 4,637 ringgit ($1,060.86) a metric ton at the close.
For a full report, click on POI/
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RUBBER - Japanese rubber futures declined for the second consecutive day on Tuesday amid prospects of easing supply concerns while lower synthetic rubber prices added further pressure.
The April Osaka Exchange (OSE) rubber contract JRUc6, 0#2JRU: closed down 2 yen, or 0.54%, at 365.0 yen ($2.39) per kg.
For a full report, click on RUB/T
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(Bengaluru Bureau; +91 80 6749 1130)
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