UPDATE 1-New Zealand/Australia Morning Call-Global markets

-----------------------(0647/1947 GMT)----------------------- Stock Markets S&P/ASX 200 5,384.66 -17.01 NZSX 50 4,892.04 -22.04DJIA 15,996.44 +34.74 Nikkei 15,164.30 -1.62NASDAQ 3,971.72 -14.25 FTSE 6,723.46 +30.02S&P 500 1,796.26 -1.92 Hang Seng 23,032.15 +627.91SPI 200 Fut 5,390.00 -8.00 TRJCRB Index 272.92 -1.42 Bonds (Yield) AU 10 YR Bond 4.130 +0.025 US 10 YR Bond 2.680 -0.027NZ 10 YR Bond 4.725 -0.010 US 30 YR Bond 3.771 -0.028 Currencies (Prev at 7pm NZST) AUD US$ 0.9375 0.9403 NZD US$ 0.8344 0.8355EUR US$ 1.3507 1.3491 Yen US$ 100.09 100.01 Commodities Gold (Lon) 1283.50 Silver (Lon) 20.640 Gold (NY) 1289.66 Light Crude 92.97 ------------------------------------------------------------- Overnight market action with latest New York figures. EQUITIES NEW YORK - Shares of Boeing led the blue chip Dow indexabove the 16,000 level on Monday while the S&P 500 topped 1,800for the first time in history. The Dow Jones industrial average was up 61.84 points,or 0.39 percent, at 16,023.54. The Standard & Poor's 500 Index was up 2.31 points, or 0.13 percent, at 1,800.49. TheNasdaq Composite Index was down 2.78 points, or 0.07percent, at 3,983.19. For a full report, double click on - - - - LONDON - Britain's top equity index rose slightly on Monday,lifted by a rally in Aberdeen Asset Management andambitious economic reform plans in China, a key export marketfor some UK blue chips. The broader FTSE 100 rose 30.02 points, or 0.5percent, to 6,723.46 points. For a full report, double click on - - - - TOKYO - Japan's Nikkei held steady near a six-month high onMonday as profit-taking in outperformers like Toyota Motor Corpand mobile operator KDDI Corp offset the gains in financialswhich were fuelled by recent strong quarterly results. The Nikkei ended flat at 15,164.30 after hitting asix-month high of 15,273.61 earlier in the session. For a full report, double click on - - - - SYDNEY - Australian shares are likely to open lower onTuesday, extending losses into a second straight session, thoughgains on Wall Street could provide a floor to losses. Australia's stock index futures fell 0.1 percent to5,392, a premium of 7.4 points to the close of the underlyingS&P/ASX 200 index on Monday. Australian shares fell 0.3 percent in the last session. - - - - FOREIGN EXCHANGE NEW YORK - The safe-haven dollar fell on Monday after Chinaannounced its most sweeping economic and social reforms innearly three decades, lifting investors' appetite forhigher-yielding currencies such as the Australian and NewZealand dollars. The dollar index, which gauges the greenback's value againsta basket of six major currencies, slipped 0.1 percent to 80.738. The euro, which dominates the dollar index'scomposition, last traded up 0.1 percent to $1.3508. For a full report, double click on - - - - TREASURIES NEW YORK - U.S. Treasury debt prices rose on Monday,supported by the prospect of "easy" monetary policy, but gainswere limited by investors' preference for riskier assets. The benchmark 10-year Treasury note rose 7/32,leaving its yield at 2.69 percent. For a full report, double click on - - - - COMMODITIES GOLD NEW YORK/LONDON - Gold fell on Monday as a rebound inequities dented bullion's safe-haven appeal, and lacklusterphysical buying prompted traders to cash in three days' gains. Spot gold was down 1.2 percent to $1,273.96 an ounceby 12:12 p.m. EST (1712 GMT). The metal had gained almost 2percent in the last three days. U.S. gold futures for December delivery were down$13.90 an ounce to $1,273.50, with trading volume on track tofinish below its 250-day average, preliminary Reuters datashowed. For a full report, double click on - - - - BASE METALS LONDON - Copper dipped near to three-month lows on Monday asexpectations of a growing surplus of the metal and a lack ofimmediate measures to boost commodities demand in China's reformpackage offset a softer dollar. Three-month copper on the London Metal Exchange closed down 0.5 percent at $6,975 a tonne. It had fallen to athree-month low of $6,940 last Thursday and was last week'sworst performer in the base metals complex. For a full report, double click on - - - - OIL NEW YORK - U.S. oil futures fell more than $1 per barrel onMonday on the view that supplies were ample, along with worriesthat demand could weaken after a U.S. Federal Reserve policymaker suggested the central bank may taper its bond buyingprogram. January Brent crude had fallen 21 cents to $108.29 abarrel at 1:43 p.m. EST (1843 GMT). U.S. crude for December delivery was 94 cents lowerat $92.90, after hitting a session low of 92.72. The Decembercontract expires at the end of trading on Wednesday. For a full report, double click on - - - -