Asia Morning Call-Global Markets

Reuters

Asia Morning Call-Global Markets

6:37 chiều giờ GMT, 10 Tháng 9 2024

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Sept 11 (Reuters) -

Stock Markets	closing level)	Net Chng	Stock Markets		Net Chng
S&P/ASX 200**	8011.9	23.8	NZX 50**	12632.82	11.20
DJIA	40675.37	-154.22	NIKKEI**	36159.16	-56.59
Nasdaq	16985.104	100.501	FTSE**	8205.98	-64.86
S&P 500	5482.53	11.48	Hang Seng**	17234.09	37.13
SPI 200 Fut	7975	-25	STI**	3512.67	16.14
SSEC**	2744.1921	7.7045	KOSPI**	2523.43	-12.5

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Bonds			Bonds
JP 10 YR Bond	0.89	0	KR 10 YR Bond	10499.53	21.46
AU 10 YR Bond	98.962	0.318	US 10 YR Bond	101.828125	0.375
NZ 10 YR Bond	100.05	0.008	US 30 YR Bond	104.984375	0.625

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Currencies
SGD US$	1.3042	-0.0011	KRW US$	1,342.94	1.28
AUD US$	0.6655	-0.0004	NZD US$	0.6154	0.0011
EUR US$	1.1024	-0.0010	Yen US$	142.24	-0.93
THB US$	33.65	-0.23	PHP US$	56.332	0.031
IDR US$	15,445	-5	INR US$	83.9490	0.0210
MYR US$	4.3400	-0.0280	TWD US$	32.160	0.062
CNY US$	7.1205	0.0072	HKD US$	7.7974	0.0009

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Commodities
Spot Gold	2512.69	7.4351	Silver (Lon)	28.29	-0.06
U.S. Gold Fut	2541.5	8.8	Brent Crude	69.22	-2.62
Iron Ore	CNY675	-10	TRJCRB Index	-	-
TOCOM Rubber	357.5	-3	Copper	9019	-78

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** indicates closing price

All prices as of 1830 GMT

EQUITIES

GLOBAL - U.S. stocks struggled to extend gains and crude prices dipped as concerns over softening global demand held risk appetite in check ahead of key inflation data expected on Wednesday.

MSCI's gauge of stocks across the globe .MIWD00000PUS shed 0.08%.

For a full report, click on MKTS/GLOB

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NEW YORK - Wall Street's main indexes fell on Tuesday ahead of key inflation data later this week that could provide clarity on the extent of the Federal Reserve's expected interest rate cut, while a fall in the shares of big banks weighed on the markets.

At 12:23 p.m. ET, the Dow Jones Industrial Average .DJI fell 364.97 points, or 0.89%, to 40,464.62, the S&P 500 .SPX lost 20.52 points, or 0.38%, to 5,450.53, and the Nasdaq Composite .IXIC lost 44.30 points, or 0.26%, to 16,840.30.

For a full report, click on .N

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LONDON - European equity markets largely lost ground on Tuesday, weighed by bank and energy stocks as investors tread cautiously ahead of key U.S. inflation data and an anticipated European Central Bank rate cut later in the week.

The pan-European STOXX 600 index .STOXX fell 0.5%.

For a full report, click on .EU

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TOKYO - Japan's Nikkei share average fell for a sixth straight session on Tuesday as investors exercised caution ahead of the U.S. inflation report and the Federal Reserve's policy decision.

The Nikkei .N225 ended 0.16% lower at 36,159.16.

For a full report, click on .T

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SHANGHAI - Chinese stocks ended slightly higher on Tuesday after its blue-chip index hit a 7-month low in the previous session, as investors assessed the latest trade data and escalating U.S.-China trade tensions.

At the close, the Shanghai Composite index .SSEC was up 0.28% at 2,744.19. The blue-chip CSI300 index .CSI300 was up 0.09%.

For a full report, click on .SS

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AUSTRALIA - Australian shares rose the most in nearly a month on Tuesday, buoyed by banking stocks, with top lenders Commonwealth Bank of Australia and Macquarie hitting record highs.

The S&P/ASX 200 index .AXJO ended 0.3% higher at 8,011.9, after jumping as much as 0.9% earlier in the session, its biggest intraday gain since Aug. 16.

For a full report, click on .AX

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SEOUL - South Korean shares marked their longest run of declines in eight months as the market fell for the sixth straight session on Tuesday, dragged down by heavyweight chipmakers.

The benchmark KOSPI .KS11 closed down 12.50 points, or 0.49%, at 2,523.43, its lowest since Aug. 6.

For a full report, click on KRW/

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FOREIGN EXCHANGE

NEW YORK - The dollar slid against major currencies on Tuesday, consolidating Monday's gains ahead of key inflation data and a widely anticipated U.S. presidential debate, even though both their outcomes are unlikely to affect overall monetary policy.

The dollar index, a gauge of the greenback's value against six major currencies was 0.1% higher to 101.75 =USD.

For a full report, click on USD/

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SHANGHAI - China's yuan eased slightly against the firmer dollar on Tuesday, but losses were capped by better-than-expected export data.

By 0352 GMT, the yuan CNY=CFXS was 0.05% lower at 7.1179 to the dollar after trading in a range of 7.1170 to 7.1258.

For a full report, click on CNY/

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AUSTRALIA - The Australian dollar was on the defensive on Tuesday, pressured by persistent concerns about China's economy and worries about a sharp slowdown in the labour market Down Under.

The Aussie AUD=D3 was subdued at $0.6657, having dipped 0.2% overnight.

For a full report, click on AUD/

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SEOUL - The Korean won weakened against the dollar on Tuesday.

The won was quoted at 1,343.7 per dollar on the onshore settlement platform KRW=KFTC, 0.20% lower than its previous close at 1,341.0.

For a full report, click on KRW/

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TREASURIES

NEW YORK - U.S. Treasury yields were roughly unchanged on Tuesday ahead of a U.S. presidential candidates' debate and before Wednesday's release of inflation data, which could fuel speculation on the size of the Federal Reserve's first interest rate cut.

Benchmark 10-year yields US10YT=RR were last at 3.685%, slightly lower than on Monday.

For a full report, click on US/

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LONDON - Euro zone bond yields steadied on Tuesday after a recent run of declines as investors awaited U.S. inflation data that could offer hints on the Federal Reserve's rate-cutting path and the European Central Bank's (ECB) policy decision later this week.

The German 10-year bond yield DE10YT=RR, the benchmark for the euro zone bloc, was down 1 basis point (bp) at 2.157%.

For a full report, click on GVD/EUR

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TOKYO - Japanese government bond yields drifted higher on Tuesday, but trading lacked conviction as investors waited on a raft of key U.S. data this week for clues on the pace of Federal Reserve policy easing.

10-year yields JP10YTN=JBTC were steady at 0.89%.

For a full report, click on JP/

COMMODITIES

GOLD - Gold prices held firm above the $2,500 level on Tuesday as market participants positioned themselves ahead of U.S. inflation data for further clues on the depth of interest rate cuts by the Federal Reserve next week.

Spot gold XAU= rose 0.3% to $2,512.38 per ounce by 14:03 p.m. ET (1803 GMT).

For a full report, click on GOL/

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IRON ORE - Iron ore futures prices dipped on Tuesday, surrendering earlier gains, as the weakening Chinese demand outlook for steel outweighed softer supply and expectations of further stimulus from the top consumer.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 0.07% lower at 675 yuan ($94.79) a metric ton.

For a full report, click on IRONORE/

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BASE METALS - Copper prices retreated on Tuesday on fund selling amid persistent worries about the health of the Chinese economy and metals demand after fresh data.

Three-month copper CMCU3 on the London Metal Exchange (LME) eased 0.9% to $9,012 a metric ton by 1645 GMT.

For a full report, click on MET/L

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OIL - Global oil benchmark Brent crude futures fell below $70 a barrel on Tuesday for the first time since December 2021, after OPEC+ revised down its demand forecast for this year and 2025.

Brent crude futures LCOc1 were down $2.62, or 3.65%, at $69.22 a barrel at 1:14 p.m. EDT (1715 GMT).

For a full report, click on O/R

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PALM OIL - Malaysian palm oil futures ended lower on Tuesday after industry data showed inventories in the world's second-largest producer rose more than expected last month.

The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange closed down 12 ringgit, or 0.31%, at 3,883 ringgit ($894.70) a metric ton.

For a full report, click on POI/

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RUBBER - Japanese rubber futures advanced for the third straight session to touch a one-week high on Tuesday, buoyed by wet weather in some producing regions in China and Thailand, while better Chinese economic data lent further support to the market.

The Osaka Exchange (OSE) rubber contract for February delivery JRUc6, 0#2JRU: closed up 3.9 yen, or 1.09%, at 360.5 yen ($2.52) per kg.

For a full report, click on RUB/T

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(Bengaluru Bureau; +91 80 6749 1130)

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