Asia Morning Call-Global Markets
May 31 (Reuters) -
Stock Markets | Net Chng | Stock Markets | Net Chng | ||
S&P/ASX 200** | 7,209.30 | -8.10 | NZX 50** | 11,878.71 | -56.94 |
DJIA** | 32,979.25 | -114.09 | NIKKEI** | 31,328.16 | 94.62 |
Nasdaq** | 12,975.688 | 9.08 | FTSE** | 7,522.07 | -105.13 |
S&P 500** | 4,200.92 | -4.53 | Hang Seng** | 18,595.78 | 44.67 |
SPI 200 Fut | 7,185 | -36.00 | STI** | 3,187.56 | -7.66 |
SSEC** | 3,224.2133 | 2.76 | KOSPI** | 2,585.52 | 26.71 |
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Bonds | Net Chng | Bonds | Net Chng | ||
JP 10 YR Bond | 0.435 | -0.001 | KR 10 YR Bond | 3.652 | 0.007 |
AU 10 YR Bond | 3.634 | -0.055 | US 10 YR Bond | 3.6846 | -0.135 |
NZ 10 YR Bond | 4.345 | 0 | US 30 YR Bond | 3.8922 | -0.084 |
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Currencies | Net Chng | Net Chng | |||
SGD US$ | 1.3504 | -0.0033 | KRW US$ | 1,319.75 | -4.32 |
AUD US$ | 0.65175 | -0.0021 | NZD US$ | 0.6045 | -0.0006 |
EUR US$ | 1.0728 | 0.0023 | Yen US$ | 139.76 | -0.68 |
THB US$ | 34.67 | -0.03 | PHP US$ | 56.3 | 0.234 |
IDR US$ | 14,980 | 15 | INR US$ | 82.665 | 0.079 |
MYR US$ | 4.598 | -0.004 | TWD US$ | 30.66 | 0.008 |
CNY US$ | 7.0788 | 0.0072 | HKD US$ | 7.834 | 0.0061 |
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Commodities | Net Chng | Net Chng | |||
Spot Gold | 1,959.3105 | 16.4705 | Silver (Lon) | 23.1765 | -0.0174 |
U.S. Gold Fut | 1,958.00 | 13.5 | Brent Crude | 73.83 | -3.24 |
Iron Ore | CNY707.5 | -8 | TRJCRB Index | - | - |
TOCOM Rubber | JPY209.1 | 0.1 | LME Copper | 8,123 | -10 |
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** indicates closing price
All prices as of 20:02 GMT
EQUITIES
GLOBAL - European stocks and the U.S. dollar fell, after climbing to a two-month high, on Tuesday as relief that the U.S. government had averted a possible default gave way to concern that the deal could face a rocky path through Congress.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.02% on Tuesday.
For a full report, click on MKTS/GLOB
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NEW YORK - Stocks on Wall Street were mixed on Tuesday, pressured by worries about Republicans who oppose a deal to raise the $31.4 trillion debt ceiling but supported by another surge in Nvdia shares that lifted the chipmaker into the rare club of companies valued at $1 trillion.
The Dow Jones Industrial Average .DJI fell 114.09 points, or 0.34%, to 32,979.25, the S&P 500 .SPX lost 4.53 points, or 0.11%, to 4,200.92 and the Nasdaq Composite .IXIC added 26.63 points, or 0.21%, to 13,002.32.
For a full report, click on .N
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LONDON - Europe's main stock indices fell on Tuesday on losses in shares of packaged food group Nestle NESN.S and energy majors and as uncertainty over whether the U.S. Congress will clear a debt ceiling deal dented investor sentiment.
The pan-European STOXX 600 index .STOXX closed 0.9% lower, on track for its steepest monthly fall this year, despite hitting a more than one-year high earlier this month.
For a full report, click on .EU
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TOKYO - Japan's Nikkei share average advanced for a fourth straight session on Tuesday amid optimism for increased investment in the country's semiconductor industry.
The Nikkei .N225 recovered from early declines to close up 0.3% at 31,328.16.
For a full report, click on .T
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SHANGHAI - China and Hong Kong stocks closed almost flat on Tuesday as investors remained cautious ahead of China's May manufacturing data.
China's blue-chip CSI300 Index .CSI300 and the Shanghai Composite Index .SSEC were up 0.1%.
For a full report, click on .SS
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AUSTRALIA - Australian shares are expected to open lower on Wednesday with energy stocks set to drop on weak oil prices, while worries about U.S. lawmakers opposing a deal to raise the debt ceiling further dented sentiment.
The local share price index futures YAPcm1 fell 0.5%, a 21.3-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark closed 0.1% lower on Tuesday.
For a full report, click on .AX
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SEOUL - South Korean shares gained 1% on Tuesday and hit their highest level in nearly a year, as investors priced in optimism from the U.S. debt ceiling agreement, while chipmakers extended gains on euphoria surrounding artificial intelligence (AI).
The benchmark KOSPI .KS11 ended up 26.71 points, or 1.04%, at 2,585.52, marking its biggest daily rise since April 11 and highest closing level since June 10, 2022.
For a full report, click on KRW/
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FOREIGN EXCHANGE
NEW YORK - Currency markets were choppy on Tuesday as the dollar hit a 10-week high against peers and a six-month top versus the yen before retreating after Japanese officials gave their currency a nudge.
That helped the dollar index =USD, which measures the U.S. currency against six major peers, hit 104.53 in European trading, its highest in 10 weeks. But it then retreated, and was last down 0.201% at 104.080.
For a full report, click on USD/
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SHANGHAI - China's yuan weakened on Tuesday and lingered at a six-month low against the dollar, weighed down by concerns over China's post-COVID recovery losing steam and a lack of direct intervention by the central bank to curb the currency's fall.
Spot yuan CNY=CFXS opened at 7.0722 per dollar and was changing hands at 7.0924 at midday, 218 pips weaker than the previous late session close and 0.15% weaker than the midpoint.
For a full report, click on CNY/
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AUSTRALIA - The Australia and New Zealand dollars resumed declines on Tuesday, tracking a fresh fall in the Chinese yuan to a six-month low, despite some lingering optimism from the U.S. debt ceiling deal.
The Aussie AUD=D3 fell 0.4% to $0.6513, giving back all of the early gains in the session to as high as $0.6557. It had risen 0.3% overnight on the initial optimism from a tentative U.S. debt ceiling deal over the weekend, which has yet to pass the narrowly divided Congress.
For a full report, click on AUD/
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SEOUL - The Korean won and the benchmark bond yield were flat.
The won ended onshore trade KRW=KFTC at 1,324.9 per dollar.
For a full report, click on KRW/
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TREASURIES
NEW YORK - The cost of insuring exposure to a U.S. debt default fell further on Tuesday, reflecting investor optimism over a tentative deal by U.S. lawmakers to raise the $31.4 trillion debt ceiling.
In mid-morning trading, the U.S. one-year credit default swap (CDS)- a market-based gauge of the risk of default - narrowed to 53 basis points (bps) from 133 bps at Monday's close, data from S&P Global Market Intelligence showed on Tuesday.
For a full report, click on US/
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LONDON - Euro zone bond yields fell on Tuesday after data showed Spanish inflation slowed more than expected, euro zone economic sentiment deteriorated, and bank lending took another hit.
Germany's 10-year bond yield DE10YT=RR, the benchmark for the euro zone, was down 4 basis points (bps) at 2.392% as the weak data raised the possibility that the European Central Bank may raise interest rates less aggressively than previously expected. Yields fell 11 bps on Monday.
For a full report, click on GVD/EUR
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TOKYO - Japan's 10-year government bond yield inched down on Tuesday, amid caution ahead of an auction of bonds with the same maturity this week.
The 10-year JGB yield JP10YTN=JBTC fell 0.5 basis point (bp) to 0.430%.
For a full report, click on JP/
COMMODITIES
GOLD
Gold bounced back from early losses on Tuesday, as the dollar pulled back and Treasury yields slid on wider market optimism about the U.S. debt ceiling deal.
Spot gold XAU= rose 0.8% to $1,958.80 per ounce by 2:30 p.m. EDT (1830 GMT), after hitting its lowest since March 17 earlier. U.S. gold futures GCv1 settled 0.7% higher at $1,958.00.
For a full report, click on GOL/
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IRON ORE
Dalian iron ore futures gave up early gains on Tuesday to close daytime trade slightly lower, dragged down by falling prices of other steelmaking ingredients and steel products.
The most-traded September iron ore on the Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trading 0.28% lower at 707.5 yuan ($102.36) a tonne, the lowest since May 26.
For a full report, click on IRONORE/
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BASE METALS
Copper prices on Tuesday hovered a little above last week's six-month low as investors braced for Chinese data that is expected to show a further contraction in factory activity.
Benchmark copper CMCU3 on the London Metal Exchange (LME) was down 0.2% at $8,123 a tonne at 1618 GMT, having gone as low as $7,867 on May 24.
For a full report, click on MET/L
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OIL
Oil prices fell more than 4% on Tuesday on concerns about whether the U.S. Congress will pass the U.S. debt ceiling pact and as mixed messages from major producers clouded the supply outlook ahead of the OPEC+ meeting this weekend.
Brent crude futures LCOc1 dropped $3.50, or 4.5%, to $73.57 a barrel by 12:51 p.m. EDT (1651 GMT). U.S. West Texas Intermediate (WTI) crude CLc1 was down $3.29, or 4.5%, from Friday's close, to $69.38 a barrel. There was no settlement on Monday because of a U.S. public holiday.
For a full report, click on O/R
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PALM OIL
Malaysian palm oil futures ended lower for a second consecutive session to log its worst day in two weeks as rival edible oils fell, with oversupply worries denting investor sentiment on Tuesday.
The benchmark palm oil contract FCPOc3 for August delivery on the Bursa Malaysia Derivatives Exchange slid 141 ringgit, or 3.98%, to 3,405 ringgit ($767.76) a tonne, its largest daily drop since May 16.
For a full report, click on POI/
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RUBBER
Japanese rubber futures ended lower on Tuesday, as weak China demand coupled with oversupply concerns dampened risk appetite, while the initial euphoria regarding the U.S. debt ceiling deal turned sour.
Osaka Exchange's rubber contract for November delivery JRUc6, 0#2JRU: snapped a three-day rally to finish down 1.7 yen, or 0.8%, at 209 yen ($1.55) per kg.
For a full report, click on RUB/T
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(Bengaluru Bureau; +91 80 6749 1130)
</body></html>متعلقہ اثاثے
تازہ ترين خبريں
دستبرداری: XM Group کے ادارے ہماری آن لائن تجارت کی سہولت تک صرف عملدرآمد کی خدمت اور رسائی مہیا کرتے ہیں، کسی شخص کو ویب سائٹ پر یا اس کے ذریعے دستیاب کانٹینٹ کو دیکھنے اور/یا استعمال کرنے کی اجازت دیتا ہے، اس پر تبدیل یا توسیع کا ارادہ نہیں ہے ، اور نہ ہی یہ تبدیل ہوتا ہے یا اس پر وسعت کریں۔ اس طرح کی رسائی اور استعمال ہمیشہ مشروط ہوتا ہے: (i) شرائط و ضوابط؛ (ii) خطرہ انتباہات؛ اور (iii) مکمل دستبرداری۔ لہذا اس طرح کے مواد کو عام معلومات سے زیادہ کے طور پر فراہم کیا جاتا ہے۔ خاص طور پر، براہ کرم آگاہ رہیں کہ ہماری آن لائن تجارت کی سہولت کے مندرجات نہ تو کوئی درخواست ہے، اور نہ ہی فنانشل مارکیٹ میں کوئی لین دین داخل کرنے کی پیش کش ہے۔ کسی بھی فنانشل مارکیٹ میں تجارت میں آپ کے سرمائے کے لئے ایک خاص سطح کا خطرہ ہوتا ہے۔
ہماری آن لائن تجارتی سہولت پر شائع ہونے والے تمام مٹیریل کا مقصد صرف تعلیمی/معلوماتی مقاصد کے لئے ہے، اور اس میں شامل نہیں ہے — اور نہ ہی اسے فنانشل، سرمایہ کاری ٹیکس یا تجارتی مشورے اور سفارشات؛ یا ہماری تجارتی قیمتوں کا ریکارڈ؛ یا کسی بھی فنانشل انسٹرومنٹ میں لین دین کی پیشکش؛ یا اسکے لئے مانگ؛ یا غیر متنازعہ مالی تشہیرات پر مشتمل سمجھا جانا چاہئے۔
کوئی تھرڈ پارٹی کانٹینٹ، نیز XM کے ذریعہ تیار کردہ کانٹینٹ، جیسے: راۓ، خبریں، تحقیق، تجزیہ، قیمتیں اور دیگر معلومات یا اس ویب سائٹ پر مشتمل تھرڈ پارٹی کے سائٹس کے لنکس کو "جیسے ہے" کی بنیاد پر فراہم کیا جاتا ہے، عام مارکیٹ کی تفسیر کے طور پر، اور سرمایہ کاری کے مشورے کو تشکیل نہ دیں۔ اس حد تک کہ کسی بھی کانٹینٹ کو سرمایہ کاری کی تحقیقات کے طور پر سمجھا جاتا ہے، آپ کو نوٹ کرنا اور قبول کرنا ہوگا کہ یہ کانٹینٹ سرمایہ کاری کی تحقیق کی آزادی کو فروغ دینے کے لئے ڈیزائن کردہ قانونی تقاضوں کے مطابق نہیں ہے اور تیار نہیں کیا گیا ہے، اسی طرح، اس پر غور کیا جائے گا بطور متعلقہ قوانین اور ضوابط کے تحت مارکیٹنگ مواصلات۔ براہ کرم یقینی بنائیں کہ آپ غیر آزاد سرمایہ کاری سے متعلق ہماری اطلاع کو پڑھ اور سمجھ چکے ہیں۔ مذکورہ بالا معلومات کے بارے میں تحقیق اور رسک وارننگ ، جس تک رسائی یہاں حاصل کی جا سکتی ہے۔
