Bay Street Likely To Open On Mixed Note

RTTNews | hace 741
Bay Street Likely To Open On Mixed Note

(RTTNews) - Canadian shares are likely to open on a mixed note on Tuesday, tracking global stocks and commodity prices. The focus will be on U.S. consumer price inflation data, and the upcoming monetary policy announcement from the Federal Reserve.

The Fed is widely expected to leave interest rates unchanged on Wednesday. The focus is on the central bank's accompanying statement and projections.

Market is also awaiting reports on U.S. producer price inflation, retail sales and industrial production this week.

The Canadian market ended marginally down on Monday, despite recovering from early lows. Consumer discretionary, healthcare, energy and materials shares were the major losers.

The mood was cautious right through the day's session with investors looking ahead to the monetary policy meeting of the Federal Reserve, and a slew of crucial economic data, for direction.

The benchmark S&P/TSX Composite Index ended down 13.18 points or 0.06% at 20,318.36, recovering from a low of 20,209.28.

Asian stocks ended broadly higher on Tuesday after a cautious session as investors awaited cues from key U.S. CPI report and the Federal Reserve's rate decision.

European stocks are turning in a mixed performance in cautious trade ahead of key economic data, and rate decisions by major central banks.

In commodities, West Texas Intermediate Crude oil futures are down $0.37 or 0.52% at $70.95 a barrel.

Gold futures are gaining $9.80 or 0.51% at $2,003.50 an ounce, while Silver futures are up $0.197 or 0.84% at $23.255 an ounce.

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Malaysia Shares May Open To The Upside Again On Tuesday

Malaysia Shares May Open To The Upside Again On Tuesday

The Malaysia stock market has moved higher in three straight sessions, advancing almost 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,670-point plateau and it's expected to open in the green again on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews | hace 1h 17min
Japan Stock Market May Add To Its Winnings On Tuesday

Japan Stock Market May Add To Its Winnings On Tuesday

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RTTNews | hace 1h 32min
Additional Support Called For South Korea Shares

Additional Support Called For South Korea Shares

The South Korea stock market has moved higher in two straight sessions, advancing more than 110 points or 2.7 percent along the way. The KOSPI now sits just above the 4,100-point plateau and it may add to its winnings on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews | hace 1h 47min
RBA Minutes Due On Tuesday

RBA Minutes Due On Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its Dec. 8 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity.
RTTNews | hace 2h 17min
Swiss Markets Ends Marginally Down

Swiss Markets Ends Marginally Down

The Swiss market ended slightly down on Monday after languishing in negative territory righ through the day's trading session, as traders largely stayed on the sidelines ahead of Christmas holidays.
RTTNews | hace 5h 52min