Asia Morning Call-Global Markets

Reuters
Yesterday
UPDATE 1-Asia Morning Call-Global Markets

Feb 10 (Reuters) -

Stock Markets

closing level)

Net Chng

Stock Markets

Net Chng

S&P/ASX 200**

8870.1

161.3

NZX 50**

13446.37

2.35

DJIA

50163.5

47.83

NIKKEI**

56363.94

2110.26

Nasdaq

23292.561

261.348

FTSE**

10386.23

16.48

S&P 500

6978.22

45.92

Hang Seng**

27027.16

467.21

SPI 200 Fut

8861

36

STI**

4960.83

26.42

SSEC**

4123.0897

57.5063

KOSPI**

5298.04

208.9

----------------------------------------------------------------------------------------

Bonds

Bonds

JP 10 YR Bond

2.2790

-0.0110

KR 10 YR Bond

3.753

0.028

AU 10 YR Bond

4.8480

-0.0240

US 10 YR Bond

4.2021

-0.004

NZ 10 YR Bond

4.5680

0.0000

US 30 YR Bond

4.852

-0.003

----------------------------------------------------------------------------------------

Currencies

SGD US$

1.2652

-0.0073

KRW US$

1,457.460

-5.89

AUD US$

0.7099

0.0087

NZD US$

0.6058

0.0042

EUR US$

1.1921

0.0105

Yen US$

155.6300

-1.57

THB US$

31.0900

-0.38

PHP US$

58.4620

-0.092

IDR US$

16,795

-65

INR US$

90.7170

0.142

MYR US$

3.9320

-0.013

TWD US$

31.5600

-0.118

CNY US$

6.9208

-0.0146

HKD US$

7.8153

0.002

----------------------------------------------------------------------------------------

Commodities

Spot Gold

5075.5747

114.3961

Silver (Lon)

83.45

5.4721

U.S. Gold Fut

5100.2

120.4

Brent Crude

68.97

0.92

Iron Ore

744.5

1

TRJCRB Index

-

-

TOCOM Rubber

353.8

-1.1

Copper

13185

191

-----------------------------------------------------------------------------------------

** indicates closing price

All prices as of 1947 GMT EQUITIES GLOBAL - Stock indexes rose with U.S. technology shares on Monday and silver also jumped, as investors went for bargains in markets beaten down last week.

MSCI's gauge of stocks across the globe .MIWD00000PUS rose 10.99 points, or 1.05%, to 1,053.81.

For a full report, click on MKTS/GLOB

- - - - NEW YORK - The S&P 500 and the Nasdaq gained after a shaky start on Monday, as technology stocks found their footing following last week's AI-sparked selloff, while investors waited for key economic data that could shed light on the Federal Reserve's interest-rate path.

At 2:12 p.m. the Dow Jones Industrial Average .DJI rose 24.45 points, or 0.05%, to 50,140.12, the S&P 500 .SPX gained 40.38 points, or 0.58%, to 6,972.68 and the Nasdaq Composite .IXIC gained 236.37 points, or 1.03%, to 23,267.58.

For a full report, click on .N - - - - LONDON - European shares climbed to a record closing high on Monday, tracking a global equity rebound after last week's selloff, as investors turned their attention to corporate earnings and dealmaking activity including upbeat results from Italy's second-largest bank UniCredit.The pan-European STOXX 600 index .STOXX rose 0.7% to 621.41 points.For a full report, click on .EU - - - - TOKYO - Japanese stocks swept to all-time peaks while super-long bonds quickly reversed early weakness in an apparent vote of confidence in Prime Minister Sanae Takaichi's "responsible, proactive" fiscal policy.The Nikkei 225 share average .N225 finished the day up 3.9% to notch a record-high close at 56,363.94.For a full report, click on .T - - - - SHANGHAI - China stocks had their best day in a month on Monday while Hong Kong shares also rebounded, inspired by a record-breaking performance on Wall Street, and bullish Asian markets led by Japan.China's blue-chip CSI300 Index .CSI300 climbed 1.6% while the Shanghai Composite Index .SSEC gained 1.4%, both rising the most since early January.For a full report, click on .SS - - - - AUSTRALIA - Australian shares were poised to open higher on Tuesday, with likely gains in energy and gold stocks, while investors turned their focus to corporate earnings.

The local share price index futures YAPcm1 rose 0.4%, a 12.1-point discount to the underlying S&P/ASX 200 index .AXJO close.For a full report, click on .AX - - - - SEOUL - South Korean shares rose more than 4% on Monday, after U.S. semiconductor stocks jumped in the previous session on easing worries over artificial intelligence investment.The benchmark KOSPI .KS11 closed up 208.90 points, or 4.10%, at 5,298.04, after two straight sessions of sharp losses.For a full report, click on KRW/ - - - - FOREIGN EXCHANGE NEW YORK - The yen strengthened on Monday after Japanese Prime Minister Sanae Takaichi's election victory, reversing six consecutive days of losses, and the dollar fell against other major currencies following a report that Chinese regulators have advised financial institutions to curb their exposure to U.S. Treasury bonds.The U.S. dollar index =USD, which measures the greenback's strength against a basket of six currencies, was down 0.7% at 96.88, at the start of a week in which there will be several key data releases out of Washington, including retail sales, inflation and Wednesday's delayed jobs report.For a full report, click on USD/ - - - - SHANGHAI - China's yuan edged higher to a fresh 33-month high against the U.S. dollar on Monday, after a report that regulators have advised financial institutions to curb their U.S. Treasury exposure, while the greenback weakened on rate cut expectations.The onshore yuan CNY=CFXS strengthened to as much as 6.9284 per dollar, the strongest level since May 11, 2023.For a full report, click on CNY/ - - - - AUSTRALIA - The Australian and New Zealand dollars extended their gains on Monday as global stocks bounced sharply from the recent selloff and precious metals recovered, with flows out of the Japanese yen also providing support.Against the U.S. dollar, the Aussie edged up 0.2% to $0.7028 AUD=D3, having rallied 1.3% on Friday as Wall Street bounced back from a week of heavy losses.For a full report, click on AUD/ - - - - SEOUL - The won was quoted at 1,460.6 per dollar on the onshore settlement platform KRW=KFTC, 0.16% higher than its previous close at 1,463.0.For a full report, click on KRW/ - - - - TREASURIES NEW YORK - Longer-dated U.S. Treasury yields were higher on Monday, with the benchmark 10-year note coming off its biggest weekly drop since the middle of December, ahead of several major economic data releases this week.

The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB rose 1.2 basis points to 4.218% after falling 3.5 basis points last week, its biggest drop in eight weeks.

For a full report, click on US/ - - - - LONDON - The gap between 10 and 30-year German yields hit a fresh seven-year high on Monday, driven by investor concerns over fiscal trajectories and the potential crowding-out effect on euro-area bonds from rising Japanese yields.Germany's 30-year government bond yield DE30YT=RR - more sensitive to long-term fiscal concerns - rose to as much as 3.545% and was last up 2 basis points at 3.53%.For a full report, click on GVD/EUR - - - - TOKYO - Japanese stocks swept to all-time peaks while super-long bonds quickly reversed early weakness in an apparent vote of confidence in Prime Minister Sanae Takaichi's "responsible, proactive" fiscal policy.The 30-year JGB yield surged to a record 3.88% last month when Takaichi initially pledged to suspend the tax on food for two years, but has been well below that for the past two weeks.For a full report, click on JP/ COMMODITIES GOLD - Gold prices rose 2% on Monday, buoyed by a softer dollar as investors braced for a week packed with U.S. economic data that could offer more clues on the U.S. Federal Reserve's monetary policy.

Spot gold XAU= rose 1.9% to $5,056.21 per ounce by 01:35 p.m. ET (1835 GMT), extending a 4% rally from Friday.

For a full report, click on GOL/ - - - - IRON ORE - Dalian iron ore futures edged lower for the sixth session on Monday, as China's inventory rose amid a low-demand environment, and Australia's major iron ore hub resumed port operations after a cyclone warning.The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 traded 0.46% lower at 761.5 yuan ($109.89) a metric ton.For a full report, click on IRONORE/ - - - - BASE METALS - Copper prices rose on Monday as the dollar declined, but weak demand prospects, particularly in top consumer China, along with climbing inventories are expected to challenge bullish sentiment in industrial metal markets.Benchmark copper CMCU3 on the London Metal Exchange was up 1.6% at $13,199 a metric ton at 1701 GMT.For a full report, click on MET/L - - - - OIL - Oil prices rose about $1 per barrel on Monday after the U.S. Department of Transportation issued an advisory to U.S.-flagged vessels to stay as far as possible from Iranian territory while passing through the Strait of Hormuz and Gulf of Oman.

Brent crude oil futures LCOc1 were up $1.08, or 1.6%, at $69.13 a barrel by 1:31 p.m. EST (1831 GMT).

For a full report, click on O/R - - - - PALM OIL - Malaysian palm oil futures closed higher on Monday, supported by rival soyoil in Chicago and Dalian markets, while the market awaits data from the Malaysian Palm Oil Board, and the Price Outlook Conference.The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange rose 19 ringgit, or 0.46%, to 4,173 ringgit ($1,061.29) a metric ton, at close.For a full report, click on POI/ - - - - RUBBER - Japanese rubber futures gained on Monday as Japanese stocks rallied after Prime Minister Sanae Takaichi's landslide victory on Sunday.The Osaka Exchange (OSE) rubber contract for July delivery JRUc6, 0#2JRU: was up 5 yen, or 1.43%, at 354.9 yen ($2.27) per kg.For a full report, click on RUB/T - - - -

(Bengaluru Bureau; +91 80 6749 1130)

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