European Shares Seen Lower At Open As Nvidia Earnings Loom

RTTNews | 2日前

(RTTNews) - European stocks are seen opening broadly lower on Monday as investors look ahead to a busy week of economic data and await Nvidia earnings.

Earnings from AI chipmaker Nvidia Corp, Dell and Marvell due this week could play a key role in determining whether the tech rally is back on or if there's further to go in the rotation trade.

Consumer trends and the impact of tariffs on prices will also be in the spotlight as retailers such as Gap Inc., Ulta Beauty Inc., Williams-Sonoma Inc. and Petco Health and Wellness Inc. report their earnings.

On the economic front, U.S. reports on new home sales, durable goods orders, consumer confidence, second quarter GDP, personal income and spending, weekly jobless claims and consumer price inflation all are important for upcoming Fed interest rate decision in September.

Closer home, consumer inflation expectations as well as economic and services sentiment numbers for August from the euro zone may garner attention as the week progresses.

Asian markets were broadly higher after the Fed signaled looser policy. Yields on 10-year U.S. notes held steady after falling on Friday.

The dollar struggled to recover from a four-week low against the euro while gold edged down slightly after rising 1 percent to reach a two-week high last week.

Oil prices held steady as Ukraine stepped up attacks on Russia, fanning concerns Russian oil supply could be disrupted.

As Russia-Ukraine peace talks stall, U.S. President Donald Trump said that he will make a "very important decision" in the next two weeks regarding the ongoing Russia-Ukraine war if both sides do not agree to a peace deal.

U.S. stocks surged on Friday after Federal Reserve Chair Jerome Powell said that economic risks are 'shifting' and a rate cut may be warranted.

He added that "risks to inflation are tilted to the upside, and risks to employment to the downside — a challenging situation".

The Dow jumped 1.9 percent to reach a new record closing high while the S&P 500 rallied 1.5 percent to snap a five-day losing streak and the tech-heavy Nasdaq Composite climbed 1.9 percent.

European stocks rose on Friday as Powell pointed to a possible September interest rate cut in his Jackson Hole Symposium speech.

The pan-European STOXX 600 index closed 0.4 percent higher, logging its third week of gains.

The German DAX rose 0.3 percent, France's CAC 40 added 0.4 percent and the U.K.'s FTSE 100 inched up 0.1 percent.

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

RTTNews | 1時24分前

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.

RTTNews | 1時39分前

Sensex, Nifty Set To Open Lower As New U.S. Tariffs Take Effect

Indian shares may open on a weak note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect on Wednesday.

RTTNews | 2時10分前

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.

RTTNews | 2時21分前

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.

RTTNews | 2時30分前

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.

RTTNews | 2時39分前

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

RTTNews | 2時46分前

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.

RTTNews | 3時9分前

EURUSD	1.16411	GBPUSD	1.35052	AUDUSD	0.65117
USDJPY	147.171	USDCAD	1.37806	USDCHF	0.80147