European Stocks Seen Opening Strong

RTTNews | 1082 일 전

(RTTNews) - European stock markets are expected to open on a positive note on Monday amidst an improved risk-on sentiment globally. Markets are expected to price in the anticipated decline in consumer price inflation in the U.S. in August to 8.1 percent, from 8.5 percent in the month of July, rejuvenating hopes of a pause in aggressive central bank monetary policy action. The CPI readings are due on Tuesday.

On Friday, European markets had finished with strong gains led by the pan-European Stoxx 600 which had rallied 1.52 percent. Germany's DAX had added 1.43 percent whereas France's CAC 40 had gained 1.41 percent. U.K.'s FTSE 100 had strengthened 1.23 percent while Switzerland's SMI had improved 1.02 percent.

The Wall Street had also closed with gains on Friday. Nasdaq-100 added 2.17 percent to close at 12,588.29 and the Dow Jones Industrial Average strengthened 1.19 percent to end at 32,151.71.

The FTSE 100 Futures (Dec) is trading 0.21 percent higher. The DAX Futures (Sep) is trading 0.40 percent higher. The CAC 40 Futures (Oct) had closed flat on Friday. U.S. Dollar Index, which measures the strength of the Dollar against a basket of six currencies retreated and is currently at 108.79. The EUR/USD pair has strengthened 0.44 percent to 1.0083, while the GBP/USD pair has gained 0.21 percent to 1.1611.

Gold Futures for December settlement declined 0.30 percent to trade at $1,723.65 per troy ounce, versus $1,728.60 on Friday.

WTI Crude Futures for October settlement is trading at $85.35, a decline of almost 1.7 percent whereas Brent Crude Futures for November settlement is trading at $91.48, down 1.5 percent from the previous close.

American stock futures point to positive trends, with the US 30 (DJIA) index up 0.09 percent and US500 (S&P 500) up 0.05 percent.

Asian markets are trading mostly higher in the backdrop of gains in Wall Street on Friday. Japan's Nikkei 225 and Australia's S&P ASX 200 are trading more than 1 percent higher. India's Nifty 50 has gained 0.72 percent. New Zealand's NZX 50 has edged up 0.20 percent. Stock markets in China, Hong Kong and South Korea are closed for a holiday.

July's GDP numbers are expected from U.K before market opening.

Earnings update is due Monday from specialty retailer Currys plc.

Sensex, Nifty Struggle For Direction In Early Trade

Indian shares were little changed on Friday, giving up early gains amid mounting concerns about the impact of U.S. tariffs on Indian goods.

RTTNews | 1 시간 1 분 전

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.

RTTNews | 1 시간 57 분 전

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.

RTTNews | 2 시간 26 분 전

Sensex, Nifty Seen Tad Higher At Open As IIP Growth Recovers

Indian shares may open on a positive note on Friday after official data showed India's industrial output production expanded at the fastest pace in four months in July.

RTTNews | 3 시간 0 분 전

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.

RTTNews | 3 시간 32 분 전

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.

RTTNews | 3 시간 49 분 전

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.

RTTNews | 4 시간 2 분 전

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.

RTTNews | 4 시간 11 분 전

EURUSD	1.16635	GBPUSD	1.3496	AUDUSD	0.65358
USDJPY	146.978	USDCAD	1.37551	USDCHF	0.80254