Asia Morning Call-Global Markets (updated)

Oil India

03/09/2026 21:30

Sept 4 (Reuters) - 
Stock Markets

Net Chng
Stock Markets

Net Chng
S&P/ASX 200**
9020.1
41.7
NZX 50**
13846.18
-84.39
DJIA**
53679.17
617.22
NIKKEI**
64214.48
-111.16
Nasdaq**
26608.553
390.725
FTSE**
10831.52
75.07
S&P 500**
7751.49
84.83
Hang Seng**
25213.31
-97.9
SPI 200 Fut
9039
27
STI**
5747.71
3.6
SSEC**
{.SSEC;TRDPRC_1}
{.SSEC;NETCHNG_1:2}
KOSPI**
{.KS11;TRDPRC_1}
{.KS11;NETCHNG_1:2}
 ----------------------------------------------------------------------------------------
Bonds

Net Chng
Bonds

Net Chng
JP 10 YR Bond
2.965
-0.045
KR 10 YR Bond
10009.63
33.28
AU 10 YR Bond
93.341
0.087
US 10 YR Bond
98.875
0.203125
NZ 10 YR Bond
95.7354
0.0029
US 30 YR Bond
98.125
0.25
 ----------------------------------------------------------------------------------------    
Currencies

Net Chng


Net Chng
SGD US$ 
1.2668
-0.0041
KRW US$ 
1355.88
-2.55
AUD US$
0.7201
0.00335
NZD US$
0.5878
0.003
EUR US$
1.1626
0.0039
Yen US$
155.7
-3
THB US$ 
32.91
-0.27
PHP US$
62.435
-0.096
IDR US$
17650
-100
INR US$ 
94.4850
-0.485
MYR US$
4.0385
-0.0045
TWD US$ 
31.755
0.027
CNY US$
6.7178
-0.0015
HKD US$
7.8397
-0.002
 ----------------------------------------------------------------------------------------     
Commodities

Net Chng


Net Chng
Spot Gold
4473.09
86.8
Silver (Lon)
66.869
1.5535
U.S. Gold Fut
4539.9
120.4
Brent Crude
95.52
-0.11
Iron Ore
CNY 726.50
48.5
TRJCRB Index
-
-
TOCOM Rubber
JPY 427.3
-1.4
LME Copper
14362
146.5
-----------------------------------------------------------------------------------------  
** indicates closing price 
All prices as of 1913 GMT

EQUITIES

GLOBAL - Major stock indexes rallied while bond yields fell on Thursday as comments from Federal Reserve Governor Christopher Waller signalled a willingness to remain patient on raising interest rates.
MSCI's gauge of stocks across the globe .MIWD00000PUS rose 11.82 points, or 1.03%, to 1,154.69. 
For a full report, click on MKTS/GLOB

- - - -

NEW YORK - Wall Street advanced on Thursday as investors curbed their rate hike bets after U.S. Federal Reserve Governor Christopher Waller said he would support holding the Fed funds target rate steady if data shows inflationary pressures are easing.
The Dow Jones Industrial Average .DJI rose 645.71 points, or 1.22%, to 53,707.66, the S&P 500 .SPX gained 88.54 points, or 1.15%, to 7,755.14 and the Nasdaq Composite .IXIC gained 410.31 points, or 1.57%, to 26,628.14.
For a full report, click on .N

- - - -

LONDON - European stocks rose on Thursday after three straight sessions of losses, as a global bond selloff eased and investors looked ahead to U.S. economic data for clues on the Federal Reserve's next policy moves.
The pan-European STOXX 600 .STOXX was up 0.5% at 649.1, recovering from one-month lows hit on Tuesday.
For a full report, click on .EU

- - - -

TOKYO - Japan's Nikkei share average fell for a fourth consecutive session on Thursday and posted its lowest close in a month, as uncertainty over interest rates and currencies kept investors away from risk assets.
The Nikkei 225 Index .N225 ended 0.17% lower at 64,214.48 after struggling for direction for much of the session. 
For a full report, click on .T

- - - -

SHANGHAI - Mainland China stocks closed largely flat on Thursday after two consecutive sessions of losses, as investors cautiously awaited U.S. jobs data for further clues on the Federal Reserve's policy outlook and upcoming domestic indicators for signs of the broader economy's health.
At the close, the benchmark Shanghai Composite index .SSEC ended largely unchanged at 3,942.09 points and the blue-chip CSI300 index .CSI300 inched up 0.1%.
For a full report, click on .SS

- - - -

AUSTRALIA - Australian shares were expected to open higher on Friday, with potential gains in mining and gold stocks on the back of underlying commodity prices, while the Federal Reserve Governor Christopher Waller's remarks eased U.S. rate hike fears among investors globally.
The local share price index futures YAPcm1 rose 0.3%, a 19.9-point discount to the underlying S&P/ASX 200 index .AXJO close. 
For a full report, click on .AX

- - - -

SEOUL - South Korean shares cut early gains on Thursday, as chipmakers turned lower amid worries about high bond yields and escalating conflict between the U.S. and Iran.
The benchmark KOSPI .KS11 closed up 16.76 points, or 0.26%, at 6,579.48, after rising as much as 1.8% earlier in the session.
For a full report, click on KRW/

- - - -

FOREIGN EXCHANGE

NEW YORK - The yen jumped by more than 2% against the U.S. dollar on Thursday as traders ramped up bets on a Bank of Japan interest rate hike, while analysts pointed to BOJ data showing no official intervention behind the currency's strong gains on Wednesday.
The dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, fell 0.69% to 98.91, with the euro up 0.41% at $1.1634.
For a full report, click on USD/

- - - -

CHINA - China's yuan inched higher to a fresh 3-1/2-year high against the dollar on Thursday, aided by a significantly stronger central bank fixing and persistent dollar weakness driven in part by renewed gains in the Japanese yen.
In the spot market, the onshore yuan CNY=CFXS rose to a high of 6.7180 per dollar, the strongest level since February 2, 2023, before changing hands at 6.7183 as of 0328 GMT.
For a full report, click on CNY/

- - - -

AUSTRALIA - The Australian dollar held near a 13-year high against the kiwi on Thursday as markets bet on diverging rate outlooks between the two central banks, though both currencies lost ground to a surging yen amid suspected Japanese government intervention.
It AUD=D3 was steady at $0.7170, after gaining 0.3% overnight. 
For a full report, click on AUD/

- - - -

SEOUL - The won was quoted at 1,359.3 per dollar on the onshore settlement platform KRW=KFTC, 0.01% lower than its previous close at 1,359.2.
For a full report, click on KRW/

- - - -

TREASURIES

NEW YORK - U.S. Treasury yields fell on Thursday, moving lower after comments from Federal Reserve Governor Christopher Waller dampened expectations the central bank would raise interest rates, while economic data indicated the labor market remained on stable footing.
The yield on the benchmark U.S. 10-year Treasury note US10YT=RR fell 3.8 basis points, on track for its biggest fall since August 25, to 4.756%. On Wednesday, the yield on the note hit 4.818%, its highest since November 1, 2023.
For a full report, click on US/

- - - -

LONDON - Euro zone government bonds were set to snap a six-day falling streak on Thursday, pushing yields away from multi-year highs as benchmark gas prices eased, alleviating some inflation worries.
Germany's 10-year Bund yield DE10YT=RR, the benchmark for the euro zone, was down 2.8 basis points at 3.349%, just below the 15-year high of 3.3951% reached on Wednesday.
For a full report, click on GVD/EUR

- - - -

TOKYO - Japanese government bond (JGB) yields retreated on Thursday after rising for successive sessions, as investors reassessed inflation risks and the prospect of a U.S. interest rate hike, while the 30-year bond auction was largely uneventful as expected.
The benchmark 10-year JGB yield JP10YTN=JBTC fell 4 basis points (bps) to 2.970%. Yields move inversely to bond prices.
For a full report, click on JP/
 

COMMODITIES

GOLD - Gold rose more than 2% on Thursday as traders scaled back September rate hike expectations after Federal Reserve Governor Christopher Waller said he would support leaving interest rates unchanged if data continues to show inflation pressures moderating.
Spot gold rose 2.3% to $4,488.54 per ounce by 02:04 p.m. ET(1804 GMT), after touching its highest since August 28 earlier in the session.
For a full report, click on GOL/

- - - -

IRON ORE - Iron ore futures rose on Thursday as signs of easing coking coal supply constraints and a pickup in blast furnace activity pointed to improving steel mill demand, while higher maritime freight rates and stronger steel exports added further support.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed daytime trade 1.32% higher at 726.50 yuan ($108.15) a metric ton.
For a full report, click on IRONORE/

- - - -

BASE METALS - Aluminium rose for a fifth straight session on Thursday, touching its highest price in more than three weeks on supply tightness and a softer dollar, which also boosted other industrial metals.
Copper CMCU3 also gained 0.8% to $14,327.50 a ton as the LME complex was boosted by a weaker dollar and fading expectations that the U.S. Federal Reserve would raise interest rates this month.
For a full report, click on MET/L

- - - -

OIL - Oil prices were mixed on Thursday, supported after U.S. strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruption to Middle East supplies but pressured by comments from Russian President Vladimir Putin signaling openness to peace negotiations.
Brent crude futures LCOc1 settled down 11 cents, or 0.12%, at $95.52 a barrel while U.S. West Texas Intermediate crude futures CLc1 rose 29 cents, or 0.32%, to $91.30. 
For a full report, click on O/R

- - - -

PALM OIL - Malaysian palm oil futures reversed earlier gains to end lower for a second straight session on Thursday, as anticipated higher August inventories, sluggish export demand and soft Chicago soyoil weighed on the market.
The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange slid 56 ringgit, or 1.13%, to 4,902 ringgit ($1,213.82) a metric ton at the close.
For a full report, click on POI/

- - - -

RUBBER - Japanese rubber futures eased on Thursday to its lowest in two weeks, pressured by lower oil prices, while a firmer yen added to the downside.
The Osaka Exchange (OSE) rubber contract for February delivery JRUc6, 0#2JRU: was down 3.5 yen, or 0.81%, at 428.7 yen ($2.73) per kg. The contract touched its lowest since August 19 earlier in the day.
For a full report, click on RUB/T

- - - -

 (Bengaluru Bureau; +91 80 6749 1130)