Asia Morning Call-Global Markets

Reuters

Asia Morning Call-Global Markets

2024 10월 28, 오후 6:31 GMT

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Oct 29 (Reuters) -

Stock Markets	closing level)	Net Chng	Stock Markets		Net Chng
S&P/ASX 200**	8221.5	+10.2	NZX 50**	12771.61	-
DJIA	42437.36	+322.96	NIKKEI**	38605.53	+691.61
Nasdaq	18611.373	+92.767	FTSE**	8285.62	+36.78
S&P 500	5833.27	+25.05	Hang Seng**	20599.36	+9.21
SPI 200 Fut	8290	+40	STI**	3584.08	-9.33
SSEC**	3322.1975	+22.4972	KOSPI**	2612.43	+29.16

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Bonds			Bonds
JP 10 YR Bond	0.97	+0.025	KR 10 YR Bond	10457.18	-48.891
AU 10 YR Bond	92.08	-0.006	US 10 YR Bond	96.75	-0.40625
NZ 10 YR Bond	98.45	-0.022	US 30 YR Bond	95.375	-0.546875

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Currencies
SGD US$	1.3229	+0.0006	KRW US$	1383.35	-4.6
AUD US$	0.6581	-0.0024	NZD US$	0.5975	-0.0002
EUR US$	1.081	+0.0017	Yen US$	153.36	+1.06
THB US$	33.80	+0.15	PHP US$	58.24	-0.315
IDR US$	15720	+85	INR US$	84.043	-0.052
MYR US$	4.3580	+0.0210	TWD US$	32.09	+0.019
CNY US$	7.1295	+0.0075	HKD US$	7.7719	+0.0018

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Commodities
Spot Gold	2741.5	-6.4036	Silver (Lon)	33.6314	-0.0686
U.S. Gold Fut	2753.8	-0.8	Brent Crude	71.83	-4.2
Iron Ore	CNY783.5	+13	TRJCRB Index	-	-
TOCOM Rubber	JPY363.1	-3.9	Copper	9547	-55.5

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** indicates closing price

All prices as of 1822 GMT

EQUITIES

GLOBAL - Global stock indexes rose on Monday as investors awaited earnings reports this week from several of the biggest U.S. tech-related companies, while oil prices fell sharply after Israel's retaliatory strike against Iran at the weekend bypassed oil and nuclear facilities.

MSCI's gauge of stocks across the globe .MIWD00000PUS rose 3.38 points, or 0.40%, to 848.87.

For a full report, click on MKTS/GLOB

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NEW YORK - Wall Street rose on Monday ahead of earnings from a host of megacap companies and the final stretch of the Nov. 5 election, while sentiment also improved after developments in the Middle East over the weekend did not disrupt energy supplies.

At 11:51 a.m. the Dow Jones Industrial Average .DJI rose 272.42 points, or 0.65%, to 42,386.82, the S&P 500 .SPX gained 23.64 points, or 0.41%, to 5,831.76, and the Nasdaq Composite .IXIC gained 100.38 points, or 0.53%, to 18,618.98.

For a full report, click on .N

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LONDON - Europe's main stock index closed higher on Monday as gains across most sectors outweighed the weakness in energy stocks on a slide in oil prices, with investors looking for crucial economic data and big-ticket U.S. tech earnings scheduled for later in the week.

The pan-European STOXX 600 .STOXX finished 0.4% higher after logging its first weekly decline in three.

For a full report, click on .EU

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TOKYO - Japanese stocks rose on Monday as the yen careened to a three-month low after Prime Minister Shigeru Ishiba's coalition lost its parliamentary majority in a drubbing in Sunday's election, raising uncertainty over the path for policy and the economy.

The Nikkei share average .N225 ended the day up 1.82% to 38,605.53 after rising by as much as 2.2%. It opened 0.4% lower.

For a full report, click on .T

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SHANGHAI - Mainland China and Hong Kong stocks ended marginally higher on Monday as investors grew cautious ahead of key events next week, including a legislative meeting in Beijing and the U.S. presidential election.

At the close, the Shanghai Composite index .SSEC was up 0.68% at 3,322.20 points, while the blue-chip CSI300 index .CSI300 was up 0.2%.

For a full report, click on .SS

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AUSTRALIA - Australian shares closed marginally higher on Monday as gains in miners outweighed losses in financials and energy stocks, while investors awaited third-quarter inflation data due later in the week for further monetary policy cues.

The S&P/ASX 200 index .AXJO inched 0.1% higher to 8,221.5 after trading in a narrow range throughout the session. The benchmark ended 0.1% higher on Friday.

For a full report, click on .AX

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SEOUL - South Korean shares rose on Monday, as local battery suppliers of Tesla TSLA.O gained after the electric vehicle market leader's rally last week.

The benchmark KOSPI .KS11 closed up 29.16 points, or 1.13%, at 2,612.43.

For a full report, click on KRW/

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FOREIGN EXCHANGE

NEW YORK - The yen hit three-month lows against the dollar on Monday, as Japan's ruling coalition's election loss raises political and monetary policy uncertainty, while the U.S. dollar headed for its biggest monthly gain since April 2022.

The dollar rose by as much as 1% to a high of 153.88, the yen's weakest level JPY=EBS since late July. The yen, which recovered much of that loss, was last down about 0.3% on the dollar at 152.72, bringing the decline in October to 6.4%, the largest of any G10 currency.

For a full report, click on USD/

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SHANGHAI - China's yuan weakened on Monday to a more than two-month low against the dollar, underpinned by signs of strength in the U.S. economy and rising bets that Donald Trump would win a second term as president.

The onshore yuan CNY=CFXS was trading 0.13% lower at 7.1316 to the dollar by 0300 GMT, after hitting a trough of 7.1355, its weakest since Aug 23.

For a full report, click on CNY/

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AUSTRALIA - The Australian and New Zealand currencies gained against the yen on Monday as Japan's ruling coalition lost its parliamentary majority, a result that is seen likely to slow further policy tightening there.

The Aussie rallied 0.8% to 101.36 yen AUDJPY=R, just a touch below a three-month top of 101.69 yen. The kiwi dollar NZDJPY=R also rose 0.7% to 91.71, although it is still stuck in its recent range of 90 and 92 yen.

For a full report, click on AUD/

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SEOUL - The Korean won strengthened against the dollar on Monday, while the benchmark bond yield rose.

The won was quoted at 1,385.0 per dollar on the onshore settlement platform KRW=KFTC, 0.30% higher than its previous close.

For a full report, click on KRW/

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TREASURIES

NEW YORK - Benchmark 10-year U.S. Treasury yields hit a three-month high on Monday as investors wait on key data releases this week, including Friday's jobs report for October and before next week’s U.S. elections.

Benchmark 10-year note yields US10YT=RR were last up 1.2 basis points at 4.244% after earlier reaching 4.292%, the highest since July 24.

For a full report, click on US/

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LONDON - Euro zone government bond yields hovered just below recent highs on Monday at the start of a data-packed week in the final run-up to the U.S. presidential election on Nov. 5.

Yields on Germany's 10-year bonds DE10YT=RR, which move inversely to prices, were little changed at 2.285% after hitting a more than three-month high of 2.352% earlier in the session.

For a full report, click on GVD/EUR

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The yen accelerated declines throughout the morning session, slumping as far as 153.885 per dollar JPY=EBS for the first time since July 31. It was changing hands about 0.8% lower at 153.505 per dollar as of 0600 GMT.

For a full report, click on JP/

COMMODITIES

GOLD - Gold's record rally took a breather on Monday, as U.S. Treasury yields and dollar gained the upper hand, while investors awaited a series of U.S. economic data due this week for cues on the Federal Reserve's interest rate outlook.

Spot gold XAU= fell 0.2% to $2,743.31 an ounce by 1:55 p.m. ET (1755 GMT). Bullion hit a record high of $2,758.37 last Wednesday.

For a full report, click on GOL/

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IRON ORE - Dalian iron ore futures climbed on Monday to their highest in more than a week, as renewed expectations of further stimulus from China overshadowed concerns about the top consumer's faltering economic recovery and steel demand.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 2.35% higher at 783.5 yuan ($109.92) a metric ton.

For a full report, click on IRONORE/

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BASE METALS - Copper prices retreated on Monday as Chinese data suggesting poor demand prospects added to disappointment with economic stimulus measures from the top consumer, weighing on sentiment.

Benchmark copper CMCU3 on the London Metal Exchange (LME) was down 0.5% at $9,551 a metric ton at 1708 GMT. It has mostly traded in a narrow $400 range over the past couple of weeks.

For a full report, click on MET/L

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OIL - Oil prices tumbled by around $4 a barrel on Monday after Israel's retaliatory strike against Iran's military on Saturday bypassed oil and nuclear facilities, not disrupting energy supplies.

Brent futures LCOc1 were down $4.20, or 5.52%, at $71.83 a barrel at 11:37 a.m. CDT (1637 GMT).

For a full report, click on O/R

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PALM OIL - Malaysian palm oil futures traded sideways on Monday, as technical buying and a weaker ringgit limited its losses.

The benchmark palm oil contract FCPOc3 for January delivery on the Bursa Malaysia Derivatives Exchange fell 6 ringgit, or 0.13%, to 4,530 ringgit ($1,039.47) a metric ton at the close. The contract declined 1.59% over two consecutive sessions.

For a full report, click on POI/

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RUBBER - Japanese rubber futures recorded their fourth consecutive session of losses on Monday, weighed down by weaker global oil prices, but losses were checked by a weaker yen.

The Osaka Exchange (OSE) rubber contract for April delivery JRUc6, 0#2JRU: closed down 7 yen, or 1.87%, at 367 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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