Asia Morning Call-Global Markets
Oct 26 (Reuters) -
Stock Markets | closing level) | Net Chng | Stock Markets | Net Chng | |
S&P/ASX 200** | 8795.2 | 2 | NZX 50** | 13733.93 | -12.91 |
DJIA | 52215.16 | -652.82 | NIKKEI** | 62693.16 | -214.68 |
Nasdaq | 25955.342 | -53.518 | FTSE** | 10690.36 | -34.67 |
S&P 500 | 7623.68 | -39.75 | Hang Seng** | 23093.37 | 158.69 |
SPI 200 Fut | 8774 | -43 | STI** | 5422.16 | 7.02 |
SSEC** | 3690.4753 | 32.4497 | KOSPI** | 5550.3 | 16.53 |
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Bonds | Bonds | ||||
JP 10 YR Bond | 1.3230 | 0.0070 | KR 10 YR Bond | 2.611 | 0.023 |
AU 10 YR Bond | 4.1580 | 0.0100 | US 10 YR Bond | 4.1697 | -0.046 |
NZ 10 YR Bond | 4.5080 | 0.0000 | US 30 YR Bond | 4.647 | -0.046 |
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Currencies | |||||
SGD US$ | 1.2779 | 0.0007 | KRW US$ | 1323.60 | -1.61 |
AUD US$ | 0.7033 | 0.0014 | NZD US$ | 0.5699 | 0.0017 |
EUR US$ | 1.1202 | 0.0012 | Yen US$ | 156.86 | 0.1 |
THB US$ | 33.75 | 0 | PHP US$ | 63.561 | 0.13 |
IDR US$ | 18040 | -5 | INR US$ | 94.9400 | 0.1225 |
MYR US$ | 4.0830 | 0.002 | TWD US$ | 32.574 | 0.003 |
CNY US$ | 6.6702 | 0.0043 | HKD US$ | 7.8416 | 0.0058 |
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Commodities | |||||
Spot Gold | 3995.52 | -28.46 | Silver (Lon) | 53.8949 | -0.6301 |
U.S. Gold Fut | 4,010.00 | -50.40 | Brent Crude | 111.70 | 0.21 |
Iron Ore | 675 | 6 | TRJCRB Index | - | - |
TOCOM Rubber | 449.7 | 1.8 | Copper | 14298 | 220 |
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All prices as of 1820 GMT
EQUITIES
GLOBAL - Major stock indexes ended lower on Friday even as tech shares mostly steadied, while Brent crude oil rose to its highest level in nearly six months after Houthi attacks in Saudi Arabia.
MSCI's gauge of stocks across the globe .MIWD00000PUS fell 3.96 points, or 0.35%, to 1,118.97.
For a full report, click on MKTS/GLOB
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NEW YORK - Wall Street's main indexes closed lower on Friday even as technology shares steadied somewhat to end a turbulent week for the market-driving AI trade, and investors looked ahead to a busy slate of corporate earnings and a Federal Reserve interest-rate policy meeting.
The Dow Jones Industrial Average .DJI fell 652.82 points, or 1.23%, to 52,215.16; the S&P 500 .SPX lost 39.75 points, or 0.52%, to 7,623.68 and the Nasdaq Composite .IXIC lost 53.52 points, or 0.21%, to 25,955.34.
For a full report, click on .N
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LONDON - European stocks suffered their steepest weekly loss since early September, as tensions in France and higher oil prices dampened the optimism sparked by some strong corporate earnings.
The pan-European STOXX 600 index .STOXX fell 0.31% to close at 635.77 points on Friday.
For a full report, click on .EU
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TOKYO - Japan's Nikkei share gauge fell on Friday, while the nation's bonds surged and its currency touched a one-month high as heightening concerns about the AI sector spurred demand for haven assets.
The benchmark Nikkei 225 .N225 fell 0.34% to close at 62,693.16, trimming an earlier decline of more than 2%.
For a full report, click on .T
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SHANGHAI - China stocks reversed earlier losses to end higher on Friday, with gains aided by a surge in trading of exchange-traded funds favoured by state-backed investors, though blue-chip shares still notched a record-long weekly losing streak.
At the close, the benchmark Shanghai composite index .SSEC rose 0.9%, while the blue-chip CSI300 index .CSI300 bounced 1.7% after losing as much as 1.9% earlier in the session.
For a full report, click on .SS
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AUSTRALIA - The Australian share benchmark ended the week slightly lower on Friday, snapping a three-week winning run, after closing the session little changed as losses in miners and gold stocks offset gains in banks and healthcare.
The benchmark S&P/ASX 200 index .AXJO was flat at 8,795.20 points on Friday.
For a full report, click on .AX
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SEOUL - South Korean shares recouped early losses to end higher on Friday, as chipmaker SK Hynix jumped after cancelling a share sale plan for its US unit.
The benchmark KOSPI .KS11 closed up 16.53 points, or 0.30%, at 5,550.30, recouping early losses of 4.12%.
For a full report, click on KRW/
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FOREIGN EXCHANGE
NEW YORK - The euro fell on Friday and was on track for a weekly loss against both the US dollar and the yen as a selloff in French government bonds pushed the country's debt risk premium to its highest level since the euro zone sovereign debt crisis in 2011.
The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, rose 0.25% to 101.82 and was headed for a weekly gain of 0.03%.
For a full report, click on USD/
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CHINA - China's yuan held steady against the dollar on Friday but remained on course for a fourth consecutive weekly rise, as a sharp selloff in the share market weighed on investor sentiment.
In the spot market, the onshore yuan was 0.03% higher at 6.6725 per dollar as of 0304 GMT, not far from a more-than-four-year high of 6.6712 hit a day earlier.
For a full report, click on CNY/
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AUSTRALIA - The Australian and New Zealand dollars were on the defensive on Friday as a rout in global share markets rattled risk assets, though bonds benefited from a flight to safety.
That left the Aussie flat at $0.7016 , having eased just 0.1% overnight and it was still 1% higher for the week.
For a full report, click on AUD/
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SEOUL - Korean won strengthens against dollar.
The won was quoted up 0.14% at 1,324.6 per dollar on the onshore settlement platform .
For a full report, click on KRW/
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TREASURIES
NEW YORK - US Treasury yields rose on Friday, a day after the benchmark 10-year yield saw its biggest one-day drop in nearly four years, but remained under the 5% mark as concerns about the durability of a rally in AI-related stocks lingered.
The yield on the benchmark US 10-year Treasury note rose 3.7 basis points to 4.99%.
For a full report, click on US/
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LONDON - Euro zone bonds stabilised on Friday, in a break from the recent volatility caused by concerns over the finances of France and other euro zone countries with large debt burdens.
At the other end of the euro zone spectrum, German and Dutch 10-year yields , , meanwhile, have fallen 7 bps and 6 bps, respectively.
For a full report, click on GVD/EUR
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TOKYO - Japanese government bonds (JGB) rallied on Friday, sending the benchmark yield sliding to its lowest level in more than two months, as a tech-led equity selloff overseas drove demand for safe-haven assets.
The benchmark 10-year JGB yield slid 8.5 basis points (bps) to 2.795%, set for its lowest close since early August, and down for a fifth consecutive day.
For a full report, click on JP/
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COMMODITIES
GOLD - Gold fell to a three-month low on Friday and was headed for its steepest weekly decline in over four months as higher energy prices fueled inflation concerns and reinforced US rate hike expectations ahead of next week's Federal Reserve meeting.
Spot gold fell 0.6% to $3, 9 98.35 an ounce by 11:20 a.m. EDT (1520 GMT), slipping below the $4,000 mark for the first time since mid-July a nd touching a session low of $3,975.23.
For a full report, click on GOL/
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IRON ORE - Iron ore futures rose on Friday, s upported by reduced Chinese port inventories, though the contract posted a seventh straight weekly loss as traders weighed weak broader demand.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) traded 0.6% higher at 675 yuan ($101.17) a metric ton.
For a full report, click on IRONORE/
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BASE METALS - Copper prices bounced on Friday after a sharp decline in the previous session as stock markets stabilised and the build-up of inventories slowed.
Three-month copper on the London Metal Exchange gained 1.8% to $14,334 a metric ton by 1615 GMT, having slid 1.9% to a five-week low in the previous session.
For a full report, click on MET/L
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OIL - Oil prices settled more than $3 higher on Friday, their highest in nearly six months after Houthi attacks in Saudi Arabia stoked concerns over further disruption to energy supplies from the Middle East, where UAE authorities also reported an oil spill.
Brent crude futures settled at $116.72 a barrel, up $3.55 or 3.14%, their highest since April 29.
For a full report, click on O/R
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PALM OIL - Malaysian palm oil futures closed higher on Friday, supported by gains in Dalian soyoil and firmer crude oil prices, while posting a third straight weekly gain.
The benchmark January palm oil contract on the Bursa Malaysia Derivatives Exchange rose 25 ringgit, or 0.52%, to 4,817 ringgit.
For a full report, click on POI/
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RUBBER - Japanese rubber futures fell on Friday, pressured by a stronger yen and a decline in Tokyo equities, while logging a weekly g ain as Chinese tyre production recovered more ground.
The Osaka Exchange (OSE) rubber contract for March delivery , was down 4.1 yen, or 0.91%, at 447.9 yen ($2.85) per kg
For a full report, click on RUB/T
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