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Bay Street Likely To Open Higher

RTTNews | vor 1057 Tagen

Bay Street Likely To Open Higher

(RTTNews) - Canadian shares are likely to open on a positive note on Monday, tracking European markets and higher commodity prices.

Worries about global economic slowdown might weigh on sentiment and limit market's upside. Investors will be looking ahead to U.S. inflation data, due on Tuesday, for more clues about the Federal Reserve's possible moves on interest rates at the upcoming policy meeting. The Canadian market ended on a buoyant note on Friday, with stocks across the board turning in a fine performance thanks to sustained buying interest. The benchmark S&P/TSX Composite Index ended with a gain of 360.34 points or 1.86% at 19,773.34. The index gained about 2.61% in the week.

Asian stocks closed mostly higher on Monday, led by gains in technology and mining sectors amidst a positive global market sentiment ahead of the crucial inflation data from the U.S. on Tuesday.

European stocks are up firmly in positive territory a little past noon on Monday with investors looking ahead to U.S. inflation data, due on Tuesday.

In commodities trading, West Texas Intermediate Crude oil futures are up $0.53 or about 0.6% at $87.32 a barrel.

Gold futures are gaining $9.50 or 0.55% at $1,738.10 an ounce, while Silver futures are up $0.458 or 2.44% at $19.225 an ounce.

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Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Tuesday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving well above the 40,400 level, with small gains across most sectors led by exporters, automakers and financial stocks.

RTTNews | vor 10 Minuten

Rebound Called For Indonesia Stock Market

Rebound Called For Indonesia Stock Market

The Indonesia stock market headed south again on Monday, one session after snapping the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,465-point plateau although it's likely to see renewed support on Tuesday.

RTTNews | vor 17 Minuten

Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,700 level, with gains across all sectors led by mining and technology stocks.

RTTNews | vor 31 Minuten

Hang Seng May Crack Resistance At 25,000 On Tuesday

Hang Seng May Crack Resistance At 25,000 On Tuesday

The Hong Kong stock market on Monday wrote a finish to the four-day losing streak in which it had stumbled more than 1,050 points or 4 percent. The Hang Seng Index now rests just above the 24,730-point plateau and it's expected to open higher again on Tuesday.

RTTNews | vor 32 Minuten

China Shares Tipped To Open In The Green On Tuesday

China Shares Tipped To Open In The Green On Tuesday

The China stock market on Monday ended the two-day losing streak in which it had dropped more than 55 points or 1.7 percent. The Shanghai Composite Index now sits just shy of the 3,580-point plateau and it's expected to see additional support on Tuesday.

RTTNews | vor 47 Minuten

Hong Kong Private Sector Ticks Higher In July - S&P Global

Hong Kong Private Sector Ticks Higher In July - S&P Global

The private sector in Hong Kong continued to contract in July, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 49.2.

RTTNews | vor 1Std 7 Minuten

Singapore Private Sector PMI Improves To 52.7 - S&P Global

Singapore Private Sector PMI Improves To 52.7 - S&P Global

The private sector in Singapore continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 52.7.

RTTNews | vor 1Std 9 Minuten

Japan Services PMI Picks Up Steam In July - Jibun

Japan Services PMI Picks Up Steam In July - Jibun

The services sector in Japan continued to expand in July, and at a faster pace, the latest survey from Jibun Bank revealed on Tuesday with a services PMI score of 53.6.

RTTNews | vor 1Std 11 Minuten

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