Asia Morning Call-Global Markets

Reuters

Asia Morning Call-Global Markets

2024年9月22日，GMT下午6:41

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Sept 23 (Reuters) -

Stock Markets		Net Chng	Stock Markets		Net Chng
S&P/ASX 200**	8209.5	17.6	NZX 50**	12478.5	-186.5
DJIA	42063.36	38.17	NIKKEI**	37723.91	568.58
Nasdaq	17948.321	-65.66	FTSE**	8229.99	-98.73
S&P 500	5702.55	-11.09	Hang Seng**	18258.57	245.41
SPI 200 Fut	8190	-68	STI**	3624.76	-8.42
SSEC**	2736.8139	0.7917	KOSPI**	2593.37	12.57

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Bonds			Bonds
JP 10 YR Bond	0.83	-0.02	KR 10 YR Bond	10527.84	-10.33
AU 10 YR Bond	98.561	-0.04	US 10 YR Bond	101.09375	-0.453125
NZ 10 YR Bond	100.365	0.055	US 30 YR Bond	102.859375	-1.1875

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Currencies
SGD US$	1.291	-0.0018	KRW US$	1329.6	4.78
AUD US$	0.6807	-0.0008	NZD US$	0.6234	0.0038
EUR US$	1.1166	0.0001	Yen US$	143.9	1.29
THB US$	33.130	-0.26	PHP US$	55.650	-0.195
IDR US$	15145	-85	INR US$	83.680	-0.1350
MYR US$	4.2	-0.0050	TWD US$	31.888	0.033
CNY US$	7.057	-0.0170	HKD US$	7.7898	-0.0048

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Commodities
Spot Gold	2621.9568	35.4812	Silver (Lon)	31.1125	0.3275
U.S. Gold Fut	2646.2	31.6	Brent Crude	74.49	-0.39
Iron Ore	680	-13	TRJCRB Index	-	-
TOCOM Rubber	370	3.3	LME Copper	9486	-29

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** indicates closing price

All prices as of 1830 GMT

EQUITIES

GLOBAL - Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the dollar firmed as investors digested the Federal Reserve's 50-basis-point cut midweek that started a rate reducing cycle.

The MSCI index of world stocks .MIWD00000PUS drooped 0.21%, to 837.69 after jumping on Thursday to a record high.

For a full report, click on MKTS/GLOB

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NEW YORK - U.S. stocks closed nearly unchanged on Friday, as investors paused buying after a strong rally in the prior session that was fueled by an upsized interest-rate cut by the Federal Reserve, while Nike's gains helped nudge the Dow to a record.

The Dow Jones Industrial Average .DJI rose 38.17 points, or 0.09%, to 42,063.36, the S&P 500 .SPX lost 11.09 points, or 0.19%, to 5,702.55 and the Nasdaq Composite .IXIC lost 65.66 points, or 0.36%, to 17,948.32.

For a full report, click on .N

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LONDON - European shares slipped on Friday after a rally in the previous session spurred by the U.S. Federal Reserve's outsized interest rate cut, while drugmaker Novo Nordisk slid on disappointing obesity pill data.

The pan-European STOXX 600 index .STOXX closed 1.4% lower, though it recorded a second straight week of gains.

For a full report, click on .EU

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TOKYO - Japan's Nikkei share average rose on Friday and logged its best week since mid-August, but gains were capped as the yen strengthened after the Bank of Japan set the stage for future interest rate hikes

The tech-heavy Nikkei .N225 ended the day up 1.53% at 37,723.91, with chip-sector stocks rallying in line with their U.S. peers.

For a full report, click on .T

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SHANGHAI - China stocks closed higher on Friday, logging their first weekly gain in a month, as the jumbo U.S. rate cut strengthened bets Beijing will soon unveil fresh stimulus.

China's blue-chip CSI300 index .CSI300 reversed early losses to end the session up 0.2%, while the Shanghai Composite index .SSEC also closed higher.

For a full report, click on .SS

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AUSTRALIA - Australian shares notched a record closing high for the fifth straight session on Friday and logged their biggest weekly rise in a month, as global optimism in the aftermath of an oversized U.S. interest rate cut overshadowed concerns over domestic jobs report.

The S&P/ASX 200 index .AXJO closed 0.2% higher at 8,209.50 points, led by gains in financials and gold stocks.

For a full report, click on .AX

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SEOUL - South Korean shares rose on Friday tracking overnight gains in Wall Street, and logged a second straight weekly gain.

The benchmark KOSPI .KS11 closed up 12.57 points, or 0.49%, at 2,593.37.

For a full report, click on KRW/

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FOREIGN EXCHANGE

NEW YORK - The dollar strengthened against the yen on Friday, hitting its highest level in two weeks, after the Bank of Japan left interest rates unchanged and indicated that it was not in a hurry to hike them again.

The U.S. dollar index =USD, which measures the greenback against major currencies, gained slightly to 100.75.

For a full report, click on USD/

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SHANGHAI - China's yuan CNY=CFXS rose to its strongest level in nearly 16 months on Friday on bets that Beijing will unveil fresh economic stimulus following a jumbo U.S. rate cut, though gains were capped by dollar buying from Chinese state banks.

The onshore yuan strengthened to as much as 7.0420 per dollar, the firmest level since May 24, 2023, on track for a six-session rising streak.

For a full report, click on CNY/

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AUSTRALIA - The Australian and New Zealand dollars nestled near their highs for the year on Friday as the prospect of further aggressive policy easing in most of the developed world boosted risk sentiment and stock markets.

The Aussie held at $0.6807 AUD=D3, after hitting a nine-month top of $0.6839 overnight.

For a full report, click on AUD/

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SEOUL - The South Korean won weakened against dollar South Korea benchmark bond yield rises.

In offshore trading, the won KRW= was quoted at 1,331.3 per dollar, down 0.3%.

For a full report, click on KRW/

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TREASURIES

NEW YORK - U.S. Treasury yields dipped on Friday while the most watched part of the yield curve steepened back near its widest level in 27 months, consolidating moves after this week's solid economic data and the Federal Reserve's super-sized rate cut.

Benchmark 10-year Treasury yields US10YT=RR were last down 1.4 bps at 3.726%.

For a full report, click on US/

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LONDON - German Bund yields were on track for their biggest weekly rise since June after the Federal Reserve's jumbo rate cut fuelled appetite for risky assets ahead of crucial economic data next week.

German 10-year yields DE10YT=RR were up 3.5 basis points (bps) at 2.20%, on track to end the week 7 bps higher.

For a full report, click on GVD/EUR

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TOKYO - Japan's Nikkei share average pared early gains amid a firmer yen on Friday, while bond yields edged higher after the Bank of Japan upgraded its assessment of consumption while leaving interest rates unchanged.

The Nikkei share average .N225 traded 1.9% higher to 37,861.31, after entering the midday recess up 2.1%.

For a full report, click on JP/

COMMODITIES

GOLD

Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest rate cuts, and rising tensions in the Middle East.

Spot gold XAU= was up 1.3% at $2,620.63 per ounce by 1:43 p.m. ET.

For a full report, click on GOL/

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IRON ORE

Iron ore futures prices edged higher on Friday but logged a weekly loss, as traders weighed prospects of fresh monetary stimulus from China against the top consumer's muted economic recovery, while firmer global supply also weighed on prices.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 0.15% higher at 680 yuan ($96.43) a metric ton.

For a full report, click on IRONORE/

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BASE METALS

Copper edged lower on Friday after touching its highest level in two months as a firm dollar and producer selling offset optimism about further stimulus from top metals consumer China.

Three-month copper on the London Metal Exchange CMCU3 was down 0.2% at $9,499 per metric ton by 1615 GMT.

For a full report, click on MET/L

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OIL

Oil prices settled lower on Friday but recorded a second straight week of gains, garnering support from a U.S. interest rate cut and a dip in U.S. supply.

Brent futures LCOc1 settled down 39 cents, or 0.52%, at $74.49 a barrel.

For a full report, click on O/R

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PALM OIL

Malaysian palm oil futures rose for a third straight session on Friday and logged a weekly gain, buoyed by strength in rival Dalian contracts, though weaker crude oil prices, a firmer ringgit and demand concerns capped the rise.

The benchmark palm oil contract FCPOc3 for December delivery on the Bursa Malaysia Derivatives Exchange closed 72 ringgit.

For a full report, click on POI/

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RUBBER

Japanese rubber futures logged a weekly gain on supply concerns across major producing regions, even as muted Chinese economic prospects dimmed the top consumer's demand outlook and dragged prices lower on Friday.

The Osaka Exchange (OSE) rubber contract for February delivery JRUc6, 0#2JRU: closed down 6.7 yen, or 1.79%, at 366.7 yen ($2.56) per kg.

For a full report, click on RUB/T

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(Bengaluru Bureau; +91 80 6749 1130)

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