Bay Street Likely To Open On Mixed Note

RTTNews | il y a 678
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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Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market trading on Tuesday, also adding to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 9,050 level, with gains across most sector led by mining and technology stocks.
RTTNews | il y a 1h 55min
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, on widespread expectations of further interest rate cuts by the US Fed amid recent signs of sluggishness in the labor market despite the ongoing shutdown leading to the indefinite delay of the release of key economic data. Asian markets closed mostly higher on Monday.
RTTNews | il y a 2h 17min
Indian Markets Closed For Diwali

Indian Markets Closed For Diwali

Indian stock markets remain closed today for Diwali but there will be a special trading session from 1:45 p.m. to 2:45 p.m. IST to mark the festival. Generally, the Muhurat trading session is held in the evening every year.
RTTNews | il y a 2h 53min
Thai Shares Tipped To Open To The Upside

Thai Shares Tipped To Open To The Upside

The Thai stock market moved back to the upside again on Monday, one session after ending the two-day winning streak in which it had jumped more than 25 points or 2 percent. The Stock Exchange of Thailand now sits just under the 1,285-point plateau and it's expected to open higher again on Tuesday.
RTTNews | il y a 3h 23min
Higher Open Called For Indonesia Stock Market

Higher Open Called For Indonesia Stock Market

The Indonesia stock market bounced higher again on Monday, one session after ending the three-day losing streak in which it had dropped more than 200 points or 2.6 percent. The Jakarta Composite Index now rests just beneath the 8,090-point plateau and it's got a solid lead again for Tuesday's trade.
RTTNews | il y a 3h 53min
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is trading significantly higher on Tuesday, extending the strong gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 49,700 level to all-time highs, with gains in index heavyweights, exporters and financial stocks.
RTTNews | il y a 3h 59min
Hong Kong Shares Expected To Open In The Green

Hong Kong Shares Expected To Open In The Green

The Hong Kong stock market on Monday snapped the two-day slide in which it had dropped more than 660 points or 2.6 percent. The Hang Seng Index now rests just beneath the 25,860-point plateau and it may see additional support on Tuesday.
RTTNews | il y a 4h 8min
China Bourse May Reclaim 3,900-Point Level

China Bourse May Reclaim 3,900-Point Level

The China stock market moved back to the upside again on Monday, one session after ending the two-day winning streak in which it had climbed more than 50 points or 1.2 percent. The Shanghai Composite Index now sits above the 3,860-point plateau and it's expected to open to the upside again on Tuesday.
RTTNews | il y a 4h 23min