Wednesday, 26 September 2012

U.S.TREASURIES


Benchmark 10-year notes were last up 8/32 in price to yield 1.69 percent, down from 1.72 percent late on  Monday.



S&P


The S&P 500 suffered its worst day since June on Tuesday, pulled lower by Caterpillar Inc after it cut its profit outlook, the latest high-profile company to warn about profit growth.

FTSE


At the close, the FTSE 100 index was up 20.87 points or 0.4 percent at 5,859.71 points, near the session peak, having broken out of a tight trading range, which had kept it pinned back close to opening levels for most of the session.


NIKKEI


The Nikkei dropped 142.37 points to 8,949.17, hitting a two-week low and breaking below its 25-day moving average at 8,985.54.

YEN


The yen pushed higher while the euro remained around one-week lows against the dollar in early Asian trade on Wednesday, pressured by concern about Spain's hesitancy to request a bailout even as protests there turned violent.


EURO


The euro fell about 0.1 percent to $1.2897 after dropping as low as $1.2886 on Tuesday, which was its weakest since Sept 13. It moved further away from a four-month high of $1.3173 hit on Sept. 17 on the EBS trading platform.


PLATINUM


Platinum gained 0.7 percent to $1,626.25 an ounce.


SILVER


silver edged down 0.7 percent to $33.71


U.S.CRUDE


U.S. crude fell 13 cents to $91.24 per barrel, off a session low of $90.73, not far off Tuesday's trough of $90.57, its weakest in almost two months.


BRENT CRUDE


London Brent crude for November delivery dropped 41 cents at $110.04 a barrel, after settling up 64 cents due to festering tensions over Iran.

NYMEX Crude


NYMEX crude for November delivery was down 36 cents at $91.01 a barrel by 0046 GMT, after settling down 56 cents at $91.37 on Tuesday.


SHANGHAI COPPER


The most active January copper contract on the Shanghai Futures Exchange lost 0.3 percent to 58,990 yuan ($9,400) per tonne, after gaining 0.2 percent on Tuesday.


LME COPPER


Three-month copper on the London Metal Exchange fell 0.9 percent to $8,205 per tonne by 0102 GMT, after rising 1.1 percent in the previous session.

COPPER


London copper slipped on Wednesday, wiping out part of the more than 1 percent gain in the prior session, as concerns over the euro zone debt crisis hampering demand for industrial metals returned following anti-austerity protests in Spain.

SPDR GOLD


SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings had risen to a record high of 1,331.331 tonnes by Sept. 25.



U.S.GOLD


U.S. gold inched down 0.1 percent to $1,764.

SPOT GOLD


Spot gold was little changed at $1,761.29 an ounce by 0044 GMT.


GOLD


Gold traded little changed on Wednesday, after drifting down for two straight days as rekindled concerns about the euro zone's debt crisis weighed on the euro and boosted the dollar, putting pressure on bullion. 

U.S.MARKET UPDATE


U.S. stocks declined on Tuesday as investors sought a catalyst to justify further gains while the euro was under pressure on concerns about a bailout for debt-laden Spain. 

The Dow Jones industrial average was down 101.37 points, or 0.75 percent, at 13,457.55. The Standard & Poor's 500 Index was down 15.30 points, or 1.05 percent, at 1,441.59, its fourth day of losses. The Nasdaq Composite Index  was down 43.06 points, or 1.36 percent, at 3,117.73.



Tuesday, 25 September 2012

ASIAN STOCKS


Asian shares eased on Tuesday after sentiment was weakened by data showing Germany's business confidence dropped in September, and a weak earnings forecast from Caterpillar Inc , both of which underscored worries about a global growth slowdown.

U.S.STOCK


U.S. stocks edged lower on Monday as disappointing German data increased concerns that global economic growth remains weak.


U.S.TREASURIES


Benchmark 10-year note yields rose as high as  1.89 percent on Sept. 14, the day after the Fed said that it  will buy $40 billion in mortgage-backed debt a month in an  effort to bring down the country's stubbornly high jobless rate.