MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS gained 0.1 percent, with Australian shares scaling a five-year high, in sympathy with Wall Street shares, which broke a five-day losing streak on Thursday.
Friday, 27 September 2013
U.S.STOCKS
The S&P 500 and Dow snapped five-day losing streaks on Thursday on positive job market data but gains were limited as investors worried if Washington lawmakers would pass bills to avoid a government shutdown and possible US debt default on time.
U.S.TREASURIES
U.S. Treasuries
prices slipped on Thursday, reversing some of their recent gains, after new
jobless claims dropped and stock markets edged higher.
NIKKEI
The Nikkei shed 0.1
percent to 14,792.38 in mid-morning trade after opening a tad higher. The index
is on track to add 0.2 percent this week.
DOLLAR
The dollar index
last traded at 80.541, having risen 0.3 percent on Thursday thanks in part to a
report showing fewer Americans filed new claims for jobless benefits last week.
U.S.CRUDE
U.S. crude for
November delivery slipped 41 cents to $102.62 a barrel by 0040 GMT. The
contract is down 2 percent for the week after hitting an 11-week low of $102.20
on Wednesday, a level it also touched on Thursday.
BRENT CRUDE
Brent oil dropped 23
cents to $108.98 per barrel, and is also on track for a third consecutive week
of losses.
OIL
Oil prices firmed on
Thursday in light trading, despite easing political worries and an improving
supply picture, as traders sought bargains after sharp losses earlier this
month.
LME COPPER
Three-month copper
on the London Metal Exchange had edged down to $7,229 a tonne by 0105 GMT, from
the previous session when it logged gains of 0.8 percent.
COPPER
London copper was
steady on Friday but was set for its second weekly loss in three as worries
over U.S. fiscal policy clouded the outlook for investors.
EURO
The euro traded at
$1.3487, off seven-month high of $1.3569 hit last week while the dollar fetched
98.87 yen, maintaining its 0.6 percent gain on Thursday.
U.S.GOLD
U.S. Comex gold
futures settled down $12.10 an ounce at $1,324.10, with trading volume in line
with its 30-dayaverage, preliminary Reuters data showed.
SPOT GOLD
Spot gold eased 0.2
percent to $1,320.79 an ounce by M 0025 GMT, bringing the week's losses to 0.3
percent. The metal has fallen over 5 percent in as many weeks.
GOLD
Gold slipped for a
second session on Friday and was on track for its fifth weekly drop, hit by
persistent uncertainty over the Federal Reserve's stimulus outlook.
U.S.MARKET UPDATE
The S&P 500 and Dow snapped five-day losing streaks on Thursday on positive job market data but gains were limited as investors worried if Washington lawmakers would pass bills to avoid a government shutdown and possible US debt default on time.
The Dow Jones industrial average was up 55.04 points, or 0.36 percent, at 15,328.30. The Standard & Poor's 500 Index was up 5.90 points, or 0.35 percent, at 1,698.67. The Nasdaq Composite Index was up 26.33 points, or 0.70 percent, at 3,787.43.
GM GOOD MORNING BULLION MARKET UPDATE
GM GOOD MORNING
BULLION MARKET UPDATE:-
CRUDE TREND:-
SIDEWAYS
STRATEGY:- SELL ON
RISE
S1-6350 S2- 6300
R1-6450 R2-6500
NICKEL TREND:-
SIDEWAYS
STRATEGY:- SELL ON
HIGH
S1-845 S2- 830
R1-860 R2-870
Thursday, 26 September 2013
ASIAN STOCKS
MSCI’s broadest index of Asia-Pacific shares outside Japan was barely changed, as was Seoul’s KOSPI. Japan’s Nikkei eased 0.5 percent and Australian shares were down 0.4 percent.
U.S.STOCKS
U.S. stocks fell on
Wednesday and the S&P 500 put in a fifth day of losses, its longest losing
streak since the end of 2012, on jitters funding for the federal government
would run out and after a drop in shares of Wal-Mart Stores.
U.S.TREASURIES
U.S. Treasury
Secretary Jack Lew pleaded for quick action in the deeply divided Congress on
raising the $16.7 trillion statutory limit on government borrowing, as he
projected an Oct. 17 date when borrowing capacity would be nearly exhausted and
only $30 billion would be left in his agency's checking account.
Subscribe to:
Posts (Atom)