India Morning Call-Global markets

Thu Feb 7, 2013 10:18pm EST

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---------------(8:40 a.m India Time)-----------------------
  Stock Markets                                                   
 
  DJIA         13,944.05  -42.27  Nikkei        11,200.44-156.63
  NASDAQ        3,165.13  -3.34   FTSE           6,228.42 -66.92
  S&P 500       1,509.39  -2.73   Hang Seng     23,208.14 +31.14 
  SPI 200 Fut   4,883.00  -11.00  CRB Index          0.00   +0.00
                                                                                                                
  Bonds (Yield)                                                   
 US 10 YR Bond     1.962  +0.004 US 30 YR Bond     3.1781 +0.004
 
                                                                                                                
  Currencies                                  
 
  EUR US$          1.3409  1.3412  Yen US$         93.49  93.54
                                                                                                                
  Commodities                                                     
  Gold (Lon)      1671.36          Silver (Lon)     31.49        
  Gold (NY)       1672.5           Light Crude      96.10        
  ----------------------------------------------------------------
 Updates with Tokyo and Hong Kong
     
    EQUITIES
    NEW YORK - U.S. stocks declined on Thursday, taking a step
back from their recent advance, prompted by comments by the ECB
president on the euro and Europe's outlook. 
    Materials shares were among the weakest performers on the
S&P 500, with the S&P 500 materials index down 0.7
percent, while housing stocks also declined. 
    The Dow Jones industrial average was down 42.47
points, or 0.30 percent, at 13,944.05. The Standard & Poor's 500
Index was down 2.73 points, or 0.18 percent, at 1,509.39.
The Nasdaq Composite Index was down 3.34 points, or 0.11
percent, at 3,165.13.
    For a full report, double click on 
    - - - - 
    LONDON - Britain's blue chip shares fell sharply on Thursday
as traders took profits on an index that has outperformed Europe
this year, with banks leading losses after comments by key
policymakers.
    The FTSE 100 closed down 66.92 points, or 1.1
percent, at 6,228.42, lagging major European peers.
    For a full report, double click on 
    - - - - 
    TOKYO - Japan's Nikkei share average extended its losses to
a second day on Friday as investor sentiment was dented by
gloomy comments from the ECB president on Europe's outlook,
while Sony Corp tumbled on worse-than-expected
quarterly results. 
    The Nikkei average fell 1.0 percent to 11,247.78 by
mid-morning, retreating from a 33-month high of 11,498.42 struck
on Wednesday.
    For a full report, double click on 
    - - - - 
    Hong Kong-Shares were set to start lower on Friday, dragged
down by a 2.3 percent fall for Aluminum Corporation of China
(Chalco) ahead of China's January inflation and trade
data later in the day. 
    The Hang Seng Index was set to open down 0.3 percent
at 23,101.1. The China Enterprises Index of the top
Chinese listings in Hong Kong was indicated to start down 0.5
percent.
    - - - -
    FOREIGN EXCHANGE 
    TOKYO- The euro hovered near two-week low on Friday after
the European Central Bank chief spoke on Thursday, said he would
monitor the impact of the currency's strength, making more
straightforward remarks on the exchange rate than many had
expected. 
    ECB President Mario Draghi said on Thursday that the
exchange rate is important for growth and price stability and
that he wants to see "whether the appreciation is sustained and
will alter our risk assessment as far as price stability is
concerned." 
    The euro traded at $1.3392, close to its late U.S.
levels after having fallen 0.9 percent on Thursday. At one point
it fell as low as $1.33705, the lowest since Jan. 25

    For a full report, double click on 
    - - - - 
    TREASURIES 
    NEW YORK - Prices for U.S. Treasuries rose on Thursday as
investors sold riskier assets, including stocks and the euro,
following comments from the head of the European Central Bank
that were less optimistic than expected.
    The 10-year Treasury note last traded up 5/32 in
price to yield 1.945 percent.
    The 30-year bond last traded up 9/32 in price to
yield 3.152 percent, from 3.1703 percent late on Wednesday.
    For a full report, double click on 
    - - - - 
    COMMODITIES 
    GOLD
    SINGAPORE- Gold fell further on Friday as the euro weakened
on renewed concerns over the health of the euro zone economy,
while investors eyed China trade data for more trading cues. G
    Gold fell $2.25 an ounce to $1,668.44 by 0050 GMT,
but prices were still headed a slight gain this week -- its
second straight weekly rise. U.S. gold futures were at
$1,669.50 an ounce, down $1.80. 
    For a full report, double click on 
    - - - - 
    BASE METALS
    SINGAPORE- London copper futures ticked up on Friday,
bouncing back after three days of losses ahead of data likely to
show that imports by top copper consumer China may have
recovered in January. 
    Three-month copper on the London Metal Exchange rose
0.3 percent to $8,224 a tonne by 0122 GMT. Copper hit a
four-month high of $8,346 on Monday but has since traded below
that.
    For the week, the contract is down nearly 1 percent.
    For a full report, double click on 
    - - - - 
    OIL
    NEW YORK - U.S. crude futures fell on Thursday on concerns
about rising crude inventories, while Brent crude rose and
pushed the premium to its U.S. counterpart to a 2013 peak above
$21 a barrel. 
    U.S. March crude fell 79 cents, or 0.82 percent, to
settle at $95.83 a barrel, having traded from $95.54 to $97.21. 
    For a full report, double click on 
    - - - -

 (Compiled by Manoj Dharra)
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