Asia Morning Call-Global Markets

Reuters

Asia Morning Call-Global Markets

2024年9月23日，GMT下午6:30

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Sept 24 (Reuters) -

Stock Markets		Net Chng	Stock Markets		Net Chng
S&P/ASX 200**	8152.9	-56.6	NZX 50**	12404.17	-74.3300
DJIA	42098.21	34.85	NIKKEI**	37723.91	568.58
Nasdaq	17951.947	3.626	FTSE**	8259.71	29.72
S&P 500	5710.38	7.83	Hang Seng**	18247.11	-11.46
SPI 200 Fut	8201	-4	STI**	3638.54	13.78
SSEC**	2748.9177	12.1038	KOSPI**	2602.01	8.64

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Bonds			Bonds
JP 10 YR Bond	0.83	-0.02	KR 10 YR Bond	10507.26	-20.58
AU 10 YR Bond	98.475	0.26	US 10 YR Bond	101.125	-0.078125
NZ 10 YR Bond	99.995	-0.055	US 30 YR Bond	102.921875	-0.140625

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Currencies
SGD US$	1.2902	0.0002	KRW US$	1334.18	2.54
AUD US$	0.6844	0.0037	NZD US$	0.6274	0.0035
EUR US$	1.1121	-0.0041	Yen US$	143.38	-0.51
THB US$	32.88	0.01	PHP US$	56.020	0.370
IDR US$	15195	50	INR US$	83.5250	0.0400
MYR US$	4.2000	0.00	TWD US$	32.009	0.043
CNY US$	7.0508	0.0003	HKD US$	7.7857	-0.0041

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Commodities
Spot Gold	2627.56	5.6032	Silver (Lon)	30.76	-0.3525
U.S. Gold Fut	2652.6	6.4	Brent Crude	73.13	-1.36
Iron Ore	658.5	-21.5	TRJCRB Index	-	-
TOCOM Rubber	362	-4.7	LME Copper	9538.5	62

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** indicates closing price

All prices as of 1829 GMT

EQUITIES

GLOBAL - Global stock indexes edged higher on Monday as investors digested comments from Federal Reserve policymakers while the euro fell against the dollar as business activity readings of the euro zone economy disappointed.

MSCI's gauge of stocks across the globe .MIWD00000PUS rose 2.75 points, or 0.33%, to 840.12.

For a full report, click on MKTS/GLOB

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NEW YORK - Wall Street's main indexes trended higher in choppy trading on Monday as investors focused on comments from Federal Reserve policymakers and steady factory activity data, following the central bank's decision to commence monetary policy easing.

At 11:44 a.m. the Dow Jones Industrial Average .DJI rose 40.40 points, or 0.10%, to 42,103.76, the S&P 500 .SPX gained 18.37 points, or 0.32%, to 5,720.92 and the Nasdaq Composite .IXIC gained 54.95 points, or 0.31%, to 18,003.27.

For a full report, click on .N

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LONDON - European shares closed higher on Monday as a soft business activity reading strengthened the case for more monetary policy easing by the European Central Bank this year, with rate-sensitive sectors such as real estate and utilities rising.

The pan-European STOXX 600 index .STOXX closed 0.4% higher, recouping some losses following its biggest one-day drop since August in the last session.

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 rose on Monday for a fourth straight session, with the country's 30-year treasury yield hitting a record low amid heightened expectations that Beijing will unveil fresh economic stimulus.

Both China's blue-chip CSI 300 index .CSI300 and the Shanghai Composite Index .SSEC rose 0.4%.

For a full report, click on .SS

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AUSTRALIA - Australian shares declined on Monday, breaking a seven-day winning streak as investors pulled back ahead of the central bank's interest rate decision, while top grocers Woolworths and Coles declined after being sued by the consumer watchdog.

The S&P/ASX 200 index .AXJO fell 0.7% to 8,152.9 points.

For a full report, click on .AX

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SEOUL - South Korean shares closed higher on Monday, with investors awaiting a key U.S. inflation report, due later this week, that could bolster expectations for more rate cuts in the months ahead.

The benchmark KOSPI .KS11 rose 8.64 points, or 0.33%, to 2,602.01 by 0630 GMT close.

For a full report, click on KRW/

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FOREIGN EXCHANGE

NEW YORK - The euro fell against the dollar on Monday as business activity reports for the euro zone economy disappointed, briefly extending declines after U.S. data showed activity there held steady.

The dollar index =USD, which tracks its performance against a basket of currencies, including the yen and the euro, rose 0.04% to 100.82.

For a full report, click on USD/

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SHANGHAI - China's yuan was little changed on Monday following a six-session rising streak, as the dollar stabilized and growing trade tensions added to concerns that the local currency's recent surge is overdone.

The yuan changed hands at 7.0469 around midday, barely moved from the prevision session's close.

For a full report, click on CNY/

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AUSTRALIA - The Australian dollar charged higher on Monday as China unexpectedly trimmed the 14-day repo rate, while also drawing support from expectations of a hawkish policy decision on rates from its central bank.

The Aussie rose 0.3% to $0.6830 AUD=D3.

For a full report, click on AUD/

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SEOUL - The South Korean won weakened, while the benchmark bond yield rose.

The won was quoted at 1,335.9 per dollar on the onshore settlement platform KRW=KFTC, 0.22% lower than its previous close at 1,333.0.

For a full report, click on KRW/

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TREASURIES

NEW YORK - U.S. Treasury yields advanced on Monday as bond investors continued to price out near-term recession in the world's largest economy amid data showing increased price pressures this month that could slow the pace of the Federal Reserve's easing cycle.

The benchmark 10-year yield rose 4.7 bps to 3.777% US10YT=RR after earlier hitting a three-week high of 3.794%.

For a full report, click on US/

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LONDON - Yields on Germany's 10-year bond rose above those on its two-year debt on Monday, the first time this part of the curve has disinverted since November 2022, as soft business activity data drove expectations of more ECB rate cuts this year.

The 10-year yield dropped 3 bps to 2.188%. DE10YT=RR

For a full report, click on GVD/EUR

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TOKYO - Japan's 10-year government bond yield was flat on Friday, as the market expects the Bank of Japan to maintain its interest rates at its policy meeting.

The 10-year JGB yield JP10YTN=JBTC was at 0.85%.

For a full report, click on JP/

COMMODITIES

GOLD

Gold rose on Monday to an all-time high, as bullish market sentiment after the U.S. Federal Reserve cut interest rates last week combined with geopolitical tensions drove prices despite a stronger dollar.

Spot gold XAU= gained 0.3% to $2,630.19 per ounce by 11:37 a.m. ET (1537 GMT).

For a full report, click on GOL/

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IRON ORE

Iron ore futures fell on Monday to their lowest in more than a year, as investors weighed prospects of soft China demand amid an uneven economic recovery and stronger supply against fresh monetary easing measures by the world's top consumer.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 4.5% lower at 658.5 yuan a metric ton, marking its weakest level since Aug. 17, 2023.

For a full report, click on IRONORE/

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BASE METALS

Aluminium prices steadied after hitting 10-day lows on Monday on technical weakness after rallies largely driven by last week's U.S. rate cut, although downside was limited by strong import data from top consumer China.

Three-month aluminium on the London Metal Exchange CMAL3 later steadied and was 0.1% higher at $2,488 per metric ton as of 1623 GMT.

For a full report, click on MET/L

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OIL

Oil prices eased more than $1 on Monday as disappointing euro zone business activity added to worries about weak demand.

Brent crude futures LCOc1 for November were down $1.36, or 1.8%, to $73.13 a barrel by 12:27 p.m. EDT (1627 GMT).

For a full report, click on O/R

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PALM OIL

Malaysian palm oil futures extended gains on Monday for a fourth straight session, tracking strength in rival edible oils, but output concerns amid poor weather conditions in the world's second-biggest producer capped the rise.

The benchmark palm oil contract FCPOc3 for December delivery on the Bursa Malaysia Derivatives Exchange was up 30 ringgit, or 0.76%, at 3,977 ringgit ($946.90) a metric ton by the close.

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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