March 7 (Reuters) -

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** indicates closing price

All prices as of 1805 GMT

EQUITIES

GLOBAL - World financial markets kept on a radical readjustment course on Thursday after U.S. President Donald Trump's shakeup of the transatlantic relationship spurred a seismic, half-a-trillion-euro shift in German defence and infrastructure spending.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS meanwhile had closed up 1.25%.

For a full report, click on MKTS/GLOB

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NEW YORK - Wall Street's main indexes traded off session lows on Thursday after a cabinet official hinted that the U.S. could take a softer stance on tariffs, while chip stocks declined as investors were disappointed by Marvell's forecast.

At 11:36 a.m. ET, the Dow Jones Industrial Average .DJI fell 123.69 points, or 0.29%, to 42,882.90, the S&P 500 .SPX lost 46.15 points, or 0.79%, to 5,796.48 and the Nasdaq Composite .IXIC lost 201.23 points, or 1.08%, to 18,352.61.

For a full report, click on .N

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LONDON - European shares pared declines to close flat on Thursday, after the European Central Bank's interest rate cut boosted bank stocks, offsetting pressures from rising long-term bond yields.

The pan-European STOXX 600 .STOXX recovered from a 0.9% decline to close flat.

For a full report, click on .EU

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TOKYO - Japan's Nikkei share average ended higher on Thursday, tracking overnight strength in Wall Street, as concerns over the impact of U.S. President Donald Trump's tariff policy eased, although declines in chip-related stocks limited the overall gains.

The Nikkei .N225 rose 0.77% to close at 37,704.93

For a full report, click on .T

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SHANGHAI - Chinese and Hong Kong shares rallied on Thursday, led by consumer and tech stocks, as investors continued to see policy signals from China's annual parliamentary meeting as positives.

At the midday break, the Shanghai Composite index .SSEC was up 1.05% at 3,377.22 points, and the blue-chip CSI300 index .CSI300 was up 1.25%.

For a full report, click on .SS

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AUSTRALIA - Australian shares finished at their lowest in 11 weeks on Thursday, led by a sell-off in banking stocks and a rout in energy firms as oil prices fell to multi-year lows on tariff uncertainties.

The S&P/ASX 200 index .AXJO dropped 0.6% to close at 8,094.7 points, the lowest close since late December 2024. The benchmark has now lost nearly 6% since its all-time high on February 14.

For a full report, click on .AX

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SEOUL - South Korean shares rose for a second straight day on Thursday, led by gains in steel and automakers on optimism around U.S. tariffs. The won strengthened and the benchmark bond yield rose.

The blue-chip KOSPI .KS11 added 18.02 points, or 0.7%, to close at 2,576.15. On Wednesday, it climbed 1.2%.

For a full report, click on KRW/

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FOREIGN EXCHANGE

NEW YORK - The dollar continued to struggle on Thursday, as the United States under the Trump administration pressed ahead with planned tariffs that have raised fears of a prolonged global trade war that could have severe repercussions for economic growth and inflation.

The dollar index, which measures the greenback against six peers, was on a four-day losing streak on Thursday, falling to a four-month low. It was last down 0.4% at 103.88 =USD.

For a full report, click on USD/

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SHANGHAI - China's yuan held steady against the dollar on Wednesday, as Beijing outlined a steady economic growth target and measured monetary easing for this year even as escalating trade tensions with the United States raised uncertainty about the outlook.

The yuan CNY=CFXS has fallen 2.5% against the dollar since Trump's election win, hurt by rising trade tariffs and broader disputes with the United States.

For a full report, click on CNY/

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AUSTRALIA - The Australian and New Zealand currencies clung onto gains on Thursday after the U.S. offered some tariff relief for automakers, while the surprising strength of the euro pinned the greenback at four-month lows.

The Aussie AUD=D3 rose 0.3% to hit a one-week high of $0.6354, having surged 1% overnight. It marks the fourth straight session of gains, which has lifted it off a recent low of $0.6185 and close to the 2025 high of $0.6408.

For a full report, click on AUD/

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SEOUL - Korean won strengthened against the US dollar on Thursday.

The won was quoted at 1,442.4 per U.S. dollar on the onshore settlement platform KRW=KFTC, 0.53% higher than Wednesday's close of 1,450.0.

For a full report, click on KRW/

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TREASURIES

NEW YORK - U.S. Treasury yields were mostly higher on Thursday as investors gauged the latest batch of economic data for signs of cracks in the economy ahead of Friday's government payrolls report.

The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB rose 6.7 basis points to 4.336%.

For a full report, click on US/

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LONDON - Benchmark Bund yields rose sharply again on Thursday after recording their biggest daily rise in more than 25 years the previous day, as Berlin's plans for a huge spending package led investors to expect a massive increase in German bond supply.

Yields on 10-year Bunds DE10YT=RR were up 11 bps at 2.897%, after hitting 2.929% earlier in the session, their highest since October 2023.

For a full report, click on GVD/EUR

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TOKYO - Japan's 10-year government bond yield hit a nearly 16-year high on Thursday after a sharp sell-off in German bonds weighed on sentiment.

The 10-year JGB yield JP10YTN=JBTC jumped 6.5 basis points (bps) to 1.505%, its highest level since June 2009. The yield posted its biggest daily rises since the market turmoil in August last year.

For a full report, click on JP/

COMMODITIES

GOLD

Gold prices dipped on Thursday due to rising U.S. Treasury yields and profit-taking, while market attention turned to payrolls data for insights into the Federal Reserve's monetary policy move.

Spot gold XAU= fell 0.2% to $2,912.82 an ounce as of 09:42 a.m. ET (1442 GMT), after rising in the last three sessions.

For a full report, click on GOL/

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IRON ORE

Iron ore futures prices declined on Thursday as trade concerns and reports of steel production cuts outweighed additional stimulus measures to boost consumption in China.

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 closed down 0.45% at 773 yuan ($106.78) a metric ton.

For a full report, click on IRONORE/

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BASE METALS

Copper prices extended gains on Thursday to their highest levels in four months on a slide in the dollar and after U.S. President Donald Trump granted automakers a temporary exemption from tariffs.

Three-month copper on the London Metal Exchange CMCU3 gained 1% to $9,690.50 a metric ton by 1515 GMT, its highest level since November 6 last year, after jumping by 2.6% a day earlier.

For a full report, click on MET/L

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OIL

Oil prices eased slightly in choppy trade on Thursday with Brent still below $70 under pressure from trade tariffs between the U.S., Canada, Mexico and China, and OPEC+ plans to raise output.

Brent futures LCOc1 were down 29 cents, or 0.4%, at $69.03 a barrel by 11:10 a.m. ET (1610 GMT) on Thursday

For a full report, click on O/R

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PALM OIL

Malaysian palm oil futures rose on Thursday, tracking rival oils' movement in Dalian and Chicago markets, although caution over U.S. tariffs capped gains.

The benchmark palm oil contract FCPOc3 for May delivery on the Bursa Malaysia Derivatives Exchange added 63 ringgit, or 1.43%, to close at 4,480 ringgit ($1,012.43) a metric ton.

For a full report, click on POI/

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RUBBER

Japanese rubber futures hit a 3-1/2-month low on Thursday, pressured by fears of a trade war between the United States and top rubber consumer China, although tariff reprieves for some automakers cushioned the fall.

The Osaka Exchange (OSE) August rubber contract JRUc6, 0#2JRU: ended daytime trade 0.6 yen lower, or 0.17%, at 353.4 yen ($2.38) per kg.

For a full report, click on RUB/T

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(Bengaluru Bureau; +91 80 6749 1130)