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New Zealand/Australia Morning Call-Global markets


________________Snapshot at 7.10 am (1810 GMT)________________ Stock Markets S&P/ASX 200 4,872.23 +9.12 NZSX 50 3,230.40 +9.72 DJIA 10,741.98 -37.19 Nikkei 10,824.72 +80.69 NASDAQ 2,374.41 -16.87 FTSE 5,650.12 +7.50 S&P 500 1,159.90 -5.93 Hang Seng 21,370.82 +40.15 SPI 200 Fut 4,873.00 -19.00 CRB Index 272.63 -3.05 Bonds (Yield) AU 10 YR Bond 5.690 +0.010 US 10 YR Bond 3.693 +0.000 NZ 10 YR Bond 5.920 +0.000 US 30 YR Bond 4.580 +0.000 Currencies (Prev at 7pm NZST) AUD US$ 0.9153 0.9216 NZD US$ 0.7080 0.7151 EUR US$ 1.3531 1.3613 Yen US$ 90.53 90.41 Commodities Gold (Lon) 1105.50 Silver (Lon) 17.310 Gold (NY) 1106.55 Light Crude 80.68 ---------------------------------------------------------------- EQUITIES NEW YORK - The Dow industrials snapped an eight-session winning streak on Friday, as renewed worries about Greece sparked a climb in the dollar and weighed on U.S. stocks. The Dow Jones industrial average dropped 37.19 points, or 0.35 percent, to end at 10,741.98. The Standard & Poor's 500 Index lost 5.93 points, or 0.51 percent, to 1,159.90. The Nasdaq Composite Index shed 16.87 points, or 0.71 percent, to 2,374.41. For a full report, double click on - - - - LONDON - Britain's top share index edged to its highest close in 21 months on Friday, spurred by strength in banking stocks after Lloyds Banking Group said it would return to profitability in 2010. The FTSE 100 ended up 0.1 percent or 7.51 points at 5,650.13, its highest closing level since 5,666.10 set on June 25 2008. Earlier the index set a 21-month intraday high of 5,691.22. For a full report, double click on - - - - TOKYO - Japan's Nikkei average rose 0.8 percent on Friday, with retailer Aeon climbing in the wake of an upbeat profit forecast and as shares rebounded broadly after a resilient performance from the Dow industrials. For a full report, double click on - - - - FOREIGN EXCHANGE NEW YORK - The euro fell on Friday over doubts Greece would win euro-zone aid, capping its worst week since January, and concerns about the UK economy hit sterling. A report on Thursday that Greece saw limited prospects for euro-zone assistance raised concerns about the country's ability to service its debt. On Friday, the euro fell as far as $1.3502, its lowest level in more than two weeks. It was down 1.7 percent this week, its worst showing since late January. For a full report, double click on - - - - TREASURIES NEW YORK - Shorter-dated U.S. Treasury debt prices eased on Friday as traders worked to cheapen the notes ahead of next week's massive round of government debt supply. Losses were limited however, particularly in longer-dated maturities, as weaker stocks and ongoing worries over Greece's fiscal problems maintained at least some of the safe-haven allure of U.S. debt. For a full report, double click on - - - - COMMODITIES GOLD NEW YORK - Gold fell toward $1,100 an ounce on Friday, losing nearly 2 percent after an interest rate hike in top gold consumer India, and investors cashed in gains from earlier this week ahead of the weekend. Spot gold's 1.7 percent decline on Friday was the biggest one-day percentage loss since Feb. 4, when it had lost 4.2 percent. For a full report, double click on - - - - BASE METALS NEW YORK/LONDON - Copper came under pressure on Friday as the dollar rose and investors worried about demand from China, the world's largest consumer of industrial metals. Benchmark copper on the London Metal Exchange ended at $7,435 a tonne from $7,486 at the close on Thursday. The metal used in power and construction is up about 20 percent since early February. For a full report, double click on - - - - OIL NEW YORK - Oil prices fell by 1.9 percent on Friday, taking their biggest one-day dip in three weeks, as the U.S. dollar firmed against foreign currencies, slashing investment flows into oil and other commodities. For a full report, double click on - - - - ((Australia/New Zealand bureaux; +61 2 9373 1800/+64 4 471 4234)) Keywords: MORNINGCALL/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

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