May 3 (Reuters) -
Stock Markets Net Chng Stock Markets Net Chng
S&P/ASX 200** NZX 50** +6.46
7,587.00 17.10 11,874.04
DJIA 38,168.89 +265.60 NIKKEI** 38,236.07 −37.98
Nasdaq FTSE**
15,801.392 195.91 8,172.15 50.91
S&P 500 5,055.36 +36.97 Hang Seng**
18,207.13 444.10
SPI 200 Fut STI**
7,617.00 16.00 3,296.89 4.20
SSEC** KOSPI**
3,104.82 -8.22 2,683.65 -8.41
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Bonds Bonds
JP 10 YR Bond KR 10 YR Bond
0.901 -0.003 3.636 -0.02
AU 10 YR Bond US 10 YR Bond
4.427 -0.029 4.5769 -0.014
NZ 10 YR Bond US 30 YR Bond
4.898 0 4.7243 0.012
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Currencies
SGD US$ KRW US$
1.3545 -0.0062 1,366.29 -10.96
AUD US$ NZD US$
0.65655 0.00425 0.5958 0.003
EUR US$ Yen US$
1.072 0.0011 153.36 -1.11
THB US$ PHP US$
36.81 -0.11 57.486 -0.274
IDR US$ INR US$
16,180 -75 83.435 -0.0205
MYR US$ TWD US$
4.752 -0.018 32.496 -0.046
CNY US$ HKD US$
7.242 0.017 7.8156 -0.0073
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Commodities
Spot Gold Silver (Lon)
2,305.44 -12.455 26.62 -0.02
U.S. Gold Fut 2,309.6 13.3 Brent Crude
83.87 0.43
Iron Ore 874 -0.5 TRJCRB Index
- -
TOCOM Rubber JPY304 LME Copper 9,750 -154.5
1.3
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** indicates closing price
All prices as of 18:21 GMT
EQUITIES
GLOBAL - A gauge of global markets gained on Thursday after the Federal Reserve indicated it was keeping a dovish tilt, while the yen retreated after another suspected round of intervention by the Bank of Japan.
MSCI's gauge of stocks across the globe rose 1.52 points, or 0.20%, to 755.78, while Europe's broad FTSEurofirst 300 index fell 3.51 points, or 0.18%.
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NEW YORK - Wall Street's main indexes advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and signaled a dovish tilt, with focus moving to a crucial job report later in the week.
At 11:51 a.m. ET, the Dow Jones Industrial Average rose 183.16 points, or 0.48%, to 38,086.45, the S&P 500 gained 23.07 points, or 0.46%, to 5,041.46, and the Nasdaq Composite gained 133.09 points, or 0.85%, to 15,738.57.
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LONDON - European shares fell slightly in their first May trading session on Thursday as investors returned from a mid-week holiday to gauge a slew of earnings after the Federal Reserve signalled a delay in U.S. interest rate cuts.
The pan-European STOXX 600 eased 0.2% after logging its first monthly decline this year in April.
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TOKYO - Japan's Nikkei share average finished lower for a second consecutive day on Thursday, with the yen's sudden appreciation and a mixed performance on Wall Street dragging on sentiment.
The Nikkei seesawed in and out of positive territory throughout the day but ended the day down 0.1% at 38,236.07.
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SHANGHAI - Hong Kong stocks kick started May on a strong note on Thursday, after less hawkish-than-expected comments from the U.S. Federal Reserve, while Beijing vowing to step up economic support also buoyed sentiment.
The Hang Seng Index closed 2.5% higher, notching eighth straight day of gains, led by a rally in technology, property and financial stocks.
Chinese markets are closed for holidays from May 1-3.
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AUSTRALIA - Australian shares rebounded from losses on Thursday, led by gains in financials and mining stocks, while investors assessed the Federal Reserve's monetary policy decision, which signalled further delays in interest rate cuts.
The S&P/ASX 200 closed around 0.2% higher at 7,587 points. The benchmark lost 1.2% on Wednesday.
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SEOUL - South Korean shares fell on Thursday after the U.S. Federal Reserve's policy meeting outcome and follow-up measures to a domestic corporate reform push.
The benchmark KOSPI closed down 8.41 points, or 0.31%, at 2,683.65, snapping a three-session rally.
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FOREIGN EXCHANGE
NEW YORK - The yen was slightly stronger on the day on Thursday after a sudden rally late on Wednesday that traders an analysts attributed to intervention by Japanese authorities, while the dollar was also broadly higher.
The dollar index gained 0.06% to 105.77, while the euro dipped 0.21% to $1.0687.
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SHANGHAI - Mainland China's financial markets will be closed from Wednesday, May 1, through Sunday, May 5, for the Labor Day holiday.
Markets will resume trade on Monday, May 6.
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AUSTRALIA - The Australian and New Zealand dollars held onto overnight gains on Thursday as the world's most watched central banker reassured markets that the next move in rates is still likely to be down, not up after a slew of inflation surprises, while bonds rallied.
The Aussie held at $0.6529, having jumped 0.8% overnight to as high as $0.6540. It managed to climb back above the 200-day moving average of $0.6522, resuming its recent upward momentum.
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SEOUL - South Korean shares fell on Thursday after the U.S. Federal Reserve's policy meeting outcome and follow-up measures to a domestic corporate reform push.
The won ended onshore trade at 1,375.9 per dollar, 0.44% higher than its previous close at 1,382.0.
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TREASURIES
NEW YORK - U.S. longer-dated Treasury yields edged higher in choppy trading on Thursday after steep falls the previous session, benefiting from stronger-than-expected labor market data that reinforced the view that the Federal Reserve will delay cutting interest rates to later this year.
In late morning trading, the benchmark 10-year yield rose 3.3 basis points (bps) to 4.622%. On Wednesday, the yield fell as low as 4.581%, a more than one-week low.
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LONDON - Euro zone bond yields edged lower on Thursday after the U.S. Federal Reserve signalled it may leave interest rates at an elevated level for longer but shot down talk of raising them again.
German 10-year yields widened 2 basis points to 131 bps.
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TOKYO - Japanese government bond (JGB) yields inched up on Thursday amid the absence of market-moving catalysts, with the market reacting to a result of a liquidity-enhancing auction suggesting weak demand for debt.
The five-year bond yield edged up 0.5 basis point (bp) to 0.490% and the 10-year JGB yield rose 1 bp to 0.9%.
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COMMODITIES
GOLD - Gold retreated on Thursday as focus returned to chances of U.S. interest rates staying higher for longer, with traders also positioning for economic data that could influence the Federal Reserve's policy path.
Spot gold fell 0.5% to $2,306.69 per ounce by 1:48 p.m. ET (1748 GMT). U.S. gold futures for June delivery settled 0.1% lower at $2,309.6.
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IRON ORE - Iron ore and steel futures fell on Tuesday amid risk-off sentiment ahead of a Chinese public holiday, but most contracts posted monthly gains on the back of better demand outlook from the property sector.
The most-traded September iron ore on China's Dalian Commodity Exchange (DCE)
closed down 0.1% at 874 yuan ($120.65) per metric ton. Still, it rose 16.6% this month, the best gain since June 2023.
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BASE METALS - Copper prices extended losses on Thursday, pressured by concern that the market's surge to two-year highs was based on speculation while physical demand remains weak in China.
Three-month copper on the London Metal Exchange $(LME.UK)$ had lost 1.5% to $9,750 a metric ton by 1630 GMT, moving away from the two-year high of $10,208 touched on Tuesday.
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OIL - Oil prices fell to a seven-week low for the second consecutive session on Thursday, weighed by weakening global demand, rising inventories and fading hopes for an early decline in U.S. interest rates.
Brent crude futures LCOc1 rose 28 cents, or 0.3%, to $83.72 a barrel by 12:55 p.m. ET (16:55 GMT). U.S. West Texas Intermediate crude futures were up 6 cents, or 0.1%, at $79.06 per barrel.
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PALM OIL - Malaysian palm oil futures closed higher on Thursday following news of a jump in India's imports, while market participants awaited fresh trading cues.
The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange rose 26 ringgit or 0.68%, to end the session at 3,844 ringgit ($808.92).
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RUBBER - Japanese rubber futures dipped for a second session on Thursday amid muted trading as China goes on a long holiday, while lacklustre demand in key economies continued to weigh on investor sentiment.
The Osaka Exchange (OSE) rubber contract for October delivery , fell 0.7 yen, or 0.23%, at 302.7 yen ($1.95) per kg.
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(Bengaluru Bureau; +91 80 6749 1130)
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