Asia Morning Call-Global Markets

Reuters
Mar 25
Asia Morning Call-Global Markets

March 25 (Reuters) -

Stock Markets

Net Chng

Stock Markets

Net Chng

S&P/ASX 200**

8379.40

13.50

NZX 50**

12701.75

-197.97

DJIA

46207.17

-1.30

NIKKEI**

52252.28

736.79

Nasdaq

21790.57

-154.51

FTSE**

9965.16

71.01

S&P 500

6567.05

-13.95

Hang Seng**

25063.71

681.24

SPI 200 Fut

8475.00

58.00

STI**

4862.43

21.13

SSEC**

3881.28

68.00

KOSPI**

5553.92

148.17

----------------------------------------------------------------------------------------

Bonds

Bonds

JP 10 YR Bond

2.2620

-0.0090

KR 10 YR Bond

3.85

0

AU 10 YR Bond

5.0250

-0.0180

US 10 YR Bond

4.4076

0.072

NZ 10 YR Bond

4.8600

0.0000

US 30 YR Bond

4.9542

0.042

----------------------------------------------------------------------------------------

Currencies

SGD US$

1.2801

0.0057

KRW US$

1,500.970

14.27

AUD US$

0.6958

-0.0051

NZD US$

0.5808

-0.0049

EUR US$

1.1573

-0.0039

Yen US$

159.0500

0.62

THB US$

32.7000

0.45

PHP US$

59.9190

0.016

IDR US$

16,975

-10

INR US$

94.0920

0.901

MYR US$

3.9530

0.017

TWD US$

32.0280

-0.064

CNY US$

6.8950

0.0155

HKD US$

7.8263

-0.007

----------------------------------------------------------------------------------------

Commodities

Spot Gold

4389.26

-17.8

Silver (Lon)

69.43

-0.04

U.S. Gold Fut

4402.00

-5.3

Brent Crude

104.13

4.19

Iron Ore

CNY824

8.5

TRJCRB Index

-

-

TOCOM Rubber

JPY360.7

3.8

LME Copper

12105

-60

-----------------------------------------------------------------------------------------

** indicates closing price

All prices as of 1820 GMT

EQUITIES

GLOBAL - Major global stock indexes were mixed on Tuesday as oil prices extended recent sharp gains and worries persisted over how long the Israeli-U.S. war on Iran will go on.

MSCI's gauge of stocks across the globe .MIWD00000PUS rose 4.46 points, or 0.45%, to 989.37.

For a full report, click on MKTS/GLOB

- - - -

NEW YORK - Wall Street's main indexeswere mixed in choppy trading on Tuesday as investors assessed the prospect of easing Middle East tensions, a day after President Donald Trump postponed strikes on Iranian power plants that sparked a relief rally.

At 11:53 a.m. ET, the Dow Jones Industrial Average .DJI rose 178.17 points, or 0.39%, to 46,386.64, the S&P 500 .SPX gained 12.94 points, or 0.20%, to 6,593.94 and the Nasdaq Composite .IXIC lost 44.61 points, or 0.20%, to 21,902.15.

For a full report, click on .N

- - - -

LONDON - European shares settled higher after a choppy session on Tuesday, as investors weighed hopes of de-escalation in the Middle East war against concerns of long-term economic harm.

The pan-European STOXX 600 .STOXX rose 0.4% to 579.28 points.

For a full report, click on .EU

- - - -

TOKYO - Japanese shares pared gains on Tuesday as investors remained unconvinced that U.S. President Donald Trump's comments about holding off on targeting Iran's energy infrastructure would lead to a breakthrough in the Middle East conflict.

The Nikkei .N225 rose 1.4% to close at 52,252.28.

For a full report, click on .T

- - - -

SHANGHAI - China and Hong Kong stocks rebounded on Tuesday after U.S. President Donald Trump postponed a threat to strike Iran's power grid, offering a brief lift to risk appetite even as investors stayed wary following Tehran's denial that any talks had taken place.

The Shanghai Composite Index .SSEC gained 1.8%.

For a full report, click on .SS

- - - -

AUSTRALIA - Australian shares closed higher on Tuesday, underpinned by miners, but trimmed early gains after Iran denied reports of any negotiations with Washington, while investors remained cautious ahead of a key domestic inflation reading this week.

The benchmark S&P/ASX 200 index .AXJO closed 0.2% higher at 8,379.40 points.

For a full report, click on .AX

- - - -

SEOUL - South Korean shares closed more than 2% higher on Tuesday, after volatile trading amid heightened uncertainty over the Middle East conflict.

The benchmark KOSPI .KS11 closed up 148.17 points, or 2.74%, at 5,553.92.

For a full report, click on KRW/

- - - -

FOREIGN EXCHANGE

NEW YORK - The dollar edged higher on Tuesday as investors doubted a quick end to the Middle East conflict, partly reversing Monday's optimism-fueled market action.

The dollar index =USD was up 0.18% at 99.36.

For a full report, click on USD/

- - - -

SHANGHAI - China's yuan eased against the U.S. dollar on Tuesday as the greenback clawed back overnight losses, with traders digesting conflicting news headlines about the war in the Middle East.

The spot yuan CNY=CFXS opened at 6.8890 per dollar and was last trading at 6.8928 as of 0230 GMT.

For a full report, click on CNY/

- - - -

AUSTRALIA - The Australian and New Zealand dollars fell again on Tuesday as investors questioned whether the brief rally in global stocks would last, after U.S. President Donald Trump delayed his ultimatum to strike Iran for five days.

The risk-sensitive Australian dollar AUD=D3 fell 0.6% on Tuesday to $0.6970.

For a full report, click on AUD/

- - - -

SEOUL - The South Korean won weakened against the dollar.

The won was quoted at 1,495.2 per dollar on the onshore settlement platform KRW=KFTC, on Tuesday.

For a full report, click on KRW/

- - - -

TREASURIES

NEW YORK - U.S. Treasury yields inched higher on Tuesday morning as optimism over a quick easing of the Middle East crisis faded, renewing concerns about inflation risks.

The benchmark 10-year Treasury yield US10YT=RR was last up 4.9 basis points at 4.403%.

For a full report, click on US/

- - - -

LONDON - Euro zone benchmark Bund yields edged down from their highest levels in nearly 15 years on Tuesday, with investors growing more cautious over the Middle East conflict following mixed signals about potential negotiations between the U.S. and Iran.

Germany's 10-year government bond yield DE10YT=RR, the euro area's benchmark, dropped one basis point (bp) to 3.01%.

For a full report, click on GVD/EUR

- - - -

TOKYO - Japanese government bonds rose on Tuesday as investors saw signs of an off-ramp in the Middle East conflict after U.S. President Donald Trump held off on striking Iran's energy infrastructure.

The benchmark 10-year JGB yield JP10YTN=JBTC fell 3 basis points to 2.275%.

For a full report, click on JP/

COMMODITIES

GOLD - Gold held steady on Tuesday after touching a four-month low in the previous session, as markets assessed developments in the Middle East and their implications for inflation and interest rates.

Spot gold XAU= was little changed at $4,408.77 per ounce by 11:00 a.m. ET (1500 GMT).

For a full report, click on GOL/

- - - -

IRON ORE - Iron ore futures gained for a third consecutive session on Tuesday on the back of recovering hot metal output, but are expected to trade range-bound as high port inventories limit upsides.

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 traded 0.61% higher at 824 yuan ($119.66) a metric ton.

For a full report, click on IRONORE/

- - - -

BASE METALS - Copper slipped on Tuesday, giving up some of its gains in the previous session's relief rally, while aluminium jumped as the conflict in the Middle East continued despite U.S. President Donald Trump postponing his threat to bomb Iranian power plants.

Benchmark three-month copper CMCU3 on the London Metal Exchange was down 0.5% at $12,105 a metric ton at 1700 GMT.

For a full report, click on MET/L

- - - -

OIL - Oil rallied on Tuesday as the world's biggest supply disruption persisted and Iran denied it held talks with the United States to end the war in the Gulf, contradicting U.S. President Donald Trump, who said a deal could be reached soon.

Brent futures LCOc1 rose $4.19, or 4.19%, to $104.13 a barrel at 12:06 p.m. ET (1606 GMT) on Tuesday.

For a full report, click on O/R

- - - -

RUBBER - Japanese rubber futures rose on Tuesday, as a recent surge in butadiene rubber prices led manufacturers to substitute synthetic rubber for natural rubber.

The Osaka Exchange (OSE) rubber contract for August delivery JRUc6, 0#2JRU: was up 3.8 yen, or 1.06%, at 360.7 yen ($2.27) per kg.

For a full report, click on RUB/T

- - - -

(Bengaluru Bureau; +91 80 6749 1130)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10