Sensex, Nifty Set For Positive Start

RTTNews | Před 2 dny

(RTTNews) - Indian shares look set to open on a positive note Monday, tracking mostly positive cues from global markets. That said, volatility cannot be ruled out, heading into a data-heavy week both domestically and globally.

Geopolitical tensions, movements in U.S. bond yields, progress of the monsoon and developments in India-U.S. trade talks may garner investor attention as the week progresses.

Asian markets were mixed this morning, with upcoming U.S.-China trade talks in London and U.S. inflation data in focus.

Meanwhile, U.S. President Donald Trump on Saturday warned Elon Musk of "serious consequences" if the billionaire backs efforts to unseat Republicans who support a controversial government spending bill.

On the geopolitical front, U.S. officials said that Russia's threatened retaliation against Ukraine over its drone attack last weekend has not happened yet in earnest and is likely to be a significant, multi-pronged strike.

The dollar held against its major rivals in Asian trade while gold hovered below $3,300 per ounce after losing nearly 2 percent over the previous two sessions. Oil held steady after rallying more than 4 percent last week.

U.S. stocks surged on Friday as a better-than-expected monthly jobs report following some recent downbeat data helped ease economic concerns and Tesla recovered part of the losses from a significant drop in the previous session.

Data showed non-farm payroll employment shot up by 139,000 jobs in May after a downwardly revised 147,000 jobs in April. The unemployment rate came in unchanged at 4.2 percent.

The tech-heavy Nasdaq Composite rallied 1.2 percent and the S&P 500 gained 1 percent to reach their best closing levels in over three months while the narrower Dow climbed 1.1 percent.

European stocks ended mostly higher on Friday as revised data showed the eurozone economy expanded at a much stronger rate than initially expected in the first quarter.

The pan European STOXX 600 rose 0.3 percent. The German DAX finished marginally lower, while France's CAC 40 rose 0.2 percent and the U.K.'s FTSE 100 added 0.3 percent.

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European Stocks Pare Early Gains, Close Mostly Lower

Despite U.S. and Chinese officials announcing an agreement in principle on a framework to ease trade disputes, European stocks failed to hold early gains and closed mostly lower on Wednesday, with the mood turning cautious as the plan is subject to approval by the presidents of the two nations.

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TSX Hits Fresh Record High; Technology, Consumer Discretionary Stocks Shine

The Canadian market is modestly higher a little past noon on Wednesday, after hitting a fresh record high earlier in the session, amid easing Sino-US trade tensions, somewhat tame U.S. consumer price inflation data, and higher crude oil prices.

RTTNews | Před 3 h 25 min

ECB Indicator Shows Eurozone Wage Growth To Slow Sharply To 3.1% This Year

A measure, based on the collective bargaining agreements in the euro area, suggested that negotiated wage growth is set to ease significantly this year, the European Central Bank said on Wednesday, which adds to expectations of inflation staying near the 2 percent target.

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U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected

A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May. The Labor Department said its consumer price index inched up by 0.1 percent in May after rising by 0.2 percent in April. Economists had expected another 0.2 percent increase.

RTTNews | Před 6 h 23 min

Bay Street Seen Opening On Mixed Note

It's likely to be a mixed start for Canadian shares on Wednesday with investors reacting to the crucial U.S. consumer price inflation data, and the developments on the trade front where U.S. and Chinese official reached a framework to implement the Geneva consensus following two days of discussions in London.

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U.S. Consumer Prices Inch Up Slightly Less Than Expected In May

A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May.

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EURUSD	1.14825	GBPUSD	1.35402	AUDUSD	0.65001
USDJPY	144.635	USDCAD	1.3666	USDCHF	0.82068

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Sensex, Nifty Set For Positive Start