Benchmark 10-year notes were trading 8/32 higher in price to yield 1.63 percent, down from 1.65 percent late Monday, while 30-year bonds were 14/32 higher to yield 2.74 percent from 2.76 percent.
Wednesday, 29 August 2012
FTSE
The FTSE 100 index fell less than a point or 0.02 percent to 5,775.71, stuck within a tight 30-point trading range from a session low of 5,749 and a high of 5,779.
EURO
The euro held firm in Asia on Wednesday, having been swept higher by a wave of short covering, while the Australian dollar languished at one-month lows on persistent worries about Chinese growth.
NIKKEI
The Nikkei average added 0.2 percent to 9,052.84, remaining below its five-day moving average at 9,084.18.
BRENT CRUDE
Brent October crude rose 32 cents to settle at $112.58 a barrel, having fallen to $111.71 but finding support ahead of the 200-day moving average of $111.45. Brent's session peak was $113.10.
OIL
Oil prices rose on Tuesday as Hurricane Isaac approached the U.S. Gulf Coast, forcing companies in the region to close down oil production platforms and refineries.
SHANGHAI COPPER
The most active December copper contract on the Shanghai Futures Exchange edged up 0.2 percent to 55,580 yuan ($8,700) per tonne, after losing 0.7 percent on Tuesday.
LME COPPER
Three-month copper on the London Metal Exchange had moved up $2 to $7,609.50 per tonne by 0114 GMT, after falling 0.4 percent in the prior session, snapping two sessions of losses.
COPPER
Copper steadied on Wednesday after briefly breaching support levels in the prior session as investors stuck to safe range-trading ahead of Friday's meeting of central bankers at Jackson Hole, Wyoming.
SILVER
Silver, which often tracks gold, was hardly changed at $30.86 per ounce -- not far from Monday's three-month high.'
SPOT GOLD
Spot gold traded at $1,667.31 an ounce, near a 4-1/2 month high of $1,676.45 hit earlier in the week, while copper inched up 0.1 percent at $7,615 a tonne.
GOLD
Gold was steady at $1,666.66 an ounce by 0039 GMT, within sight of a 4-1/2-month high of $1,676.45 hit on Monday. A report showing U.S. consumer confidence deteriorated in August to the lowest in nine months boosted gold.
U.S.MARKET UPDATE
U.S. stocks ended little changed in another day of scarce activity on Tuesday after mixed economic data gave investors little reason to shift their focus from Federal Reserve Chairman Ben Bernanke's speech on Friday.
The Dow Jones industrial average was down 21.68 points, or 0.17 percent, at 13,102.99. The Standard & Poor's 500 Index slipped 1.14 points, or 0.08 percent, at 1,409.30. The Nasdaq Composite Index edged down 3.95 points, or 0.13 percent, at 3,077.14.
Tuesday, 28 August 2012
ASIAN SHARES
Asian shares trading modestly lower with MSCI's Asia ex-Japan 0.3 percent lower while Nifty futures in Singapore 0.1 percent up.
U.S.STOCK
The US markets close mixed, hovering around the flat line for most of the day, amid a lack of major economic news as investors wait on the sidelines ahead of Fed Chairman Ben Bernanke’s speech later this week. Despite the lackluster trading session, all three major indexes are poised to log their first August gains since 2009. Nasdaq was supported by Apple finishing marginally higher.
U.S.TRSEARIES
Speculation the Fed will move ahead with more economic stimulus put a bid into Treasuries on Monday in slow, late-summer trade, with U.S. benchmark 10-year Treasury notes gaining 12/32 in price to yield 1.65 percent, down from 1.69 percent late Friday.
NIKKEI
The Nikkei eased 0.2 percent to 9,069.86, remaining below its five-day moving average at 9,107.19 and its 26-week moving average at 9,118.95.
0731-6060666
0731-6060666
EURO
The euro traded at $1.2503, off its seven-week high of $1.2590 hit last Thursday, and near Monday's low of $1.2490.
0731-6060666
0731-6060666
DOLLAR
The dollar fell 0.3 percent against the yen to 78.52 and the euro also eased 0.2 percent to $1.2473, its lowest in a week, pressured by a weak German business sentiment index which fell for a fourth month in a row to its lowest level since March 2010.
0731-6060666
0731-6060666
SPOT SILVER
Spot silver lost 0.6 percent to $30.51 an ounce, easing from $31.26 hit on Monday, its highest level in nearly four months.
Subscribe to:
Posts (Atom)