Asia Morning Call-Global Markets

Reuters

Asia Morning Call-Global Markets

2024 10월 10, 오후 6:30 GMT

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Oct 11 (Reuters) -

Stock Markets		Net Chng	Stock Markets		Net Chng
S&P/ASX 200**	8223	35.6	NZX 50**	12754.58	-21.5500
DJIA	42413.81	-98.19	NIKKEI**	39380.89	102.93
Nasdaq	18303.567	11.95	FTSE**	8237.73	-6.01
S&P 500	5785	-7.04	Hang Seng**	21251.98	614.74
SPI 200 Fut	8234	-25	STI**	3585.29	-10.37
SSEC**	3301.9259	43.0681	KOSPI**	2599.16	4.8

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Bonds			Bonds
JP 10 YR Bond	0.955	0.025	KR 10 YR Bond	10466.65	5.11
AU 10 YR Bond	93.675	-0.298	US 10 YR Bond	98.125	-0.328125
NZ 10 YR Bond	98.95	0.023	US 30 YR Bond	97.625	-0.90625

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Currencies
SGD US$	1.3076	0.0004	KRW US$	1352.10	6.40
AUD US$	0.6731	0.0014	NZD US$	0.603	0.0019
EUR US$	1.0921	-0.0019	Yen US$	148.74	-0.55
THB US$	33.48	0	PHP US$	57.490	0.390
IDR US$	15660	45	INR US$	83.9400	-0.0100
MYR US$	4.2880	0.0080	TWD US$	32.260	-0.008
CNY US$	7.0790	-0.0010	HKD US$	7.7703	-0.0005

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Commodities
Spot Gold	2624.2	16.4195	Silver (Lon)	31.05	0.53
U.S. Gold Fut	2641.6	15.6	Brent Crude	76.36	-0.82
Iron Ore	777.5	-3.5	TRJCRB Index	-	-
TOCOM Rubber	389.7	-7.8	LME Copper	9734.5	59.5

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** indicates closing price

All prices as of 1828 GMT

EQUITIES

GLOBAL - Global stocks slipped for the first time in three sessions while shorter-dated U.S. Treasury yields dipped as slightly higher than expected U.S. inflation data and a jump in weekly jobless claims did not diminish expectations the Fed will cut rates in November.

MSCI's gauge of stocks across the globe .MIWD00000PUS fell 1.02 points, or 0.12%, to 847.62, on track to snap back-to-back sessions of gains.

For a full report, click on MKTS/GLOB

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NEW YORK - Wall Street's main indexes struggled for direction on Thursday, but pared some early losses after a hotter-than-expected inflation reading kept expectations for a 25-basis-point rate cut by the Federal Reserve in November alive.

The Dow Jones Industrial Average .DJI fell 33.06 points, or 0.08%, to 42,478.58, the S&P 500 .SPX gained 1.29 points, or 0.02%, to 5,793.30 and the Nasdaq Composite .IXIC gained 33.23 points, or 0.18%, to 18,324.84.

For a full report, click on .N

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LONDON - European shares closed lower on Thursday, with defence and industrial stocks leading losses, after data showed U.S. inflation ticked higher, while investors waited for France to unveil its 2025 budget.

The pan-European STOXX 600 index .STOXX fell 0.2%.

For a full report, click on .EU

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TOKYO - Japan's Nikkei share average ended higher on Thursday, tracking a strong finish on Wall Street overnight, although it pared gains as investors took profits ahead of the September U.S. inflation data.

The Nikkei .N225 closed up 0.26% at 39,380.89, after climbing as much as 0.86% earlier in the session.

For a full report, click on .T

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SHANGHAI - China and Hong Kong shares ended higher on Thursday after the People's Bank of China kicked off a swap programme aimed at supporting the stock market, while investors await directions from further policy announcements.

China's blue-chip CSI300 Index .CSI300 and the Shanghai Composite Index .SSEC both rose more than 1%.

For a full report, click on .SS

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AUSTRALIA - Australian shares ended higher for the second straight session on Thursday, with heavyweight miners leading the charge on expectations of higher demand from China after its government announced additional stimulus measures.

The S&P/ASX 200 index .AXJO closed up 0.4% at 8,223 points, hitting a more than one-week high.

For a full report, click on .AX

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SEOUL - Stocks rose as chipmaker SK Hynix jumped, although rival Samsung Electronics extended losses.

In the stock market, the benchmark KOSPI .KS11 was up 12.50 points, or 0.48%, at 2,606.86.

For a full report, click on KRW/

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FOREIGN EXCHANGE

NEW YORK - The U.S. dollar edged lower against the yen on Thursday after data showed signs of labor market weakness and a higher-than-expected rise in U.S. inflation in September even though prices were on a downward trend, allowing the Federal Reserve to keep cutting interest rates.

The dollar index =USD, which measures the currency against six key rivals including the yen and euro, was up slightly by 0.1% to 102.97 in choppy trading after hitting its highest since August 15.

For a full report, click on USD/

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SHANGHAI - China's yuan inched higher against the dollar on Thursday, as the central bank's latest move to prop up the equity market buoyed investor sentiment and offset broad greenback strength.

As of 0326 GMT, the onshore yuan CNY=CFXS was 0.22% higher at 7.0642 to the dollar.

For a full report, click on CNY/

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AUSTRALIA - The Australian dollar extended its losing streak on Thursday as the lack of China stimulus news and shifting U.S. rate cut expectations turned against it, while the kiwi nursed heavy losses on the odds of even larger rate cuts.

The Aussie AUD=D3 held at $0.6716, having lost 0.4% overnight in the fifth straight session of declines which have seen it hit as low as $0.6708.

For a full report, click on AUD/

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SEOUL - The won weakened on a stronger dollar ahead of U.S. inflation data, while the stock market gained only slightly amid a mixed performance among chipmakers.

The won was quoted 0.31% lower at 1,350.2 per dollar on the onshore settlement platform KRW=KFTC.

For a full report, click on KRW/

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TREASURIES

NEW YORK - U.S. Treasury yields were mostly lower on Thursday in volatile trading after data showed an increase in weekly jobless claims and an annual rise in inflation that was the lowest since February 2021, keeping the Federal Reserve on track to cut interest rates at the November policy meeting.

U.S. benchmark 10-year yields were last up 1.1 basis points (bps) at 4.079% US10YT=RR, after hitting new 10-week high of 4.12% immediately following the inflation data.

For a full report, click on US/

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LONDON - Euro zone government bond yields pared their rise on Thursday after U.S. economic data led investors to slightly increase bets on Federal Reserve interest rate cuts.

Euro zone bonds tend to respond to U.S. data and Germany's 10-year bond yield DE10YT=RR, the euro zone's benchmark, was last up one basis point on the day at 2.26%.

For a full report, click on GVD/EUR

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TOKYO - Japanese government bond yields rose on Thursday, tracking U.S. Treasury yields higher, as the market braced for a further rise in yields after a key U.S inflation report later in the day.

The 10-year JGB yield JP10YTN=JBTC rose 2.5 basis points (bps) to 0.955%, its highest level since Aug. 2

For a full report, click on JP/

COMMODITIES

GOLD

Gold prices extended gains on Thursday after traders added to bets that the Federal Reserve will deliver an interest-rate cut next month following the latest U.S. economic data.

Spot gold XAU= was up 0.6% at $2,622.69 per ounce as of 11:24 a.m. ET (1524 GMT)on track to snap a six-session losing streak

For a full report, click on GOL/

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IRON ORE

Dalian iron ore futures prices faltered on Thursday, surrendering earlier gains as uncertainty surrounding top consumer China's fiscal stimulus plans clouded market sentiment, although firmer seasonal demand for steel products limited losses.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 1.02% lower at 775.5 yuan ($109.65) a metric ton.

For a full report, click on IRONORE/

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BASE METALS

Copper prices bounced on Thursday on hopes that top metals consumer Chinawould announce a fiscal stimulus package that would boost metals demand.

Three-month copper CMCU3 on the London Metal Exchange (LME) rose 0.6% to $9,734.50 a metric ton by 1625 GMT.

For a full report, click on MET/L

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OIL

Oil prices jumped about 4% on Thursday on a spike in U.S. fuel use before Hurricane Milton barrelled across Florida, Middle East supply risks and signs that demand for energy could grow in the U.S. and China.

Brent LCOc1 futures rose $2.87, or 3.8%, to $79.45 a barrel by 1:24 p.m. EDT (1724 GMT).

For a full report, click on O/R

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PALM OIL

Malaysian palm oil futures reversed early gains on Thursday as profit-taking weighed on the market following the release of the Malaysia Palm Oil Board's (MPOB) demand and supply data.

The benchmark palm oil contract FCPOc3 for December delivery on the Bursa Malaysia Derivatives Exchange fell 17 ringgit, or 0.4%, to 4,235 ringgit ($987.64) a metric ton at the close.

For a full report, click on POI/

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RUBBER

Rubber futures fell on Thursday, weighed by fading enthusiasm around top consumer China's stimulus package, although losses were limited by a softer yen.

The Osaka Exchange's rubber contract for March delivery JRUc6, 0#2JRU: closed down 8.5 yen, or 2.09%, at 397.5 yen ($2.67) per kg.

For a full report, click on RUB/T

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(Bengaluru Bureau; +91 80 6749 1130)

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