Sensex, Nifty Seen Up In Cautious Trade

RTTNews | 1068 일 전
Sensex, Nifty Seen Up In Cautious Trade

(RTTNews) - Indian shares are seen opening higher on Tuesday amid little cues from U.S. stock and bond markets.

The upside, if any, may be limited as oil prices rose over 1 percent in Asian trade, clawing back some of last week's losses on concerns over tight supply of crude and fuel products.

Benchmark indexes Sensex and the Nifty rose around half a percent each on Monday, while the rupee gained 7 paise to close at 77.98 against the dollar, rising for the third straight session.

Asian markets were mostly higher this morning, gold ticked higher and the dollar dipped slightly as investors braced for Fed Chair Jerome Powell's testimony.

U.S. markets were closed on Monday for a holiday.

European stocks rebounded on Monday after seeing sharp losses the previous week on worries about a recession and bets of bigger interest-rate hikes from major central banks.

The pan-European Stoxx 600 index rose 1 percent despite French President Emmanuel Macron losing an absolute majority in the country's parliamentary election and ECB President Christine Lagarde reaffirming plans to raise the ECB's interest rates twice this summer.

The German DAX climbed 1.1 percent, France's CAC 40 index gained 0.6 percent and the U.K.'s FTSE 100 added 1.5 percent.

read more
Euro Slips On Trump's Tariff Proposal

Euro Slips On Trump's Tariff Proposal

The euro fell against its major counterparts on Friday, as President Donald Trump proposed tariffs on imports from the European Union starting on June 1.
RTTNews | 14 시간 48 분 전
Swiss Market Ends Weak On Tariff Concerns

Swiss Market Ends Weak On Tariff Concerns

After opening on a positive note and staying above the flat line till about an hour past noon, the Switzerland market tumbled on Friday, hurt by U.S. President Donald Trump's threat that imports from the European Union will face 50% tariffs from June 1st.
RTTNews | 15 시간 39 분 전
European Stocks Closed Weak On Trump's Fresh Tariff Threat

European Stocks Closed Weak On Trump's Fresh Tariff Threat

European stocks closed on a weak note on Friday despite staging a fairly strong recovery past mid afternoon. After staying modestly higher till noon, the major European markets tumbled after U.S. President Donald Trump threatened to impose 50% tariffs on imports from the European Union from June 1st.
RTTNews | 15 시간 55 분 전
TSX Recovers After Early Setback; Materials Stocks Move Higher

TSX Recovers After Early Setback; Materials Stocks Move Higher

After a weak start and a subsequent drop to lower levels, the Canadian market recovered well and is down just marginally a little past noon on Friday. The early setback was due to U.S. President Donald Trump's threat that 50% tariffs will be imposed on imports from the European Union beginning June 1st.
RTTNews | 17 시간 4 분 전
U.S. New Home Sales Spike From Downwardly Revised Level In April

U.S. New Home Sales Spike From Downwardly Revised Level In April

The Commerce Department released a report on Friday showing new home sales in the U.S. in the month of April spiked compared to a significantly downwardly revised level in March. The report said new home sales soared by 10.9 percent to an annual rate of 743,000 in April after jumping by 2.6 percent to a downwardly revised rate of 670,000 in March.
RTTNews | 18 시간 37 분 전
Germany Logs Stronger Growth On Tariff Threats

Germany Logs Stronger Growth On Tariff Threats

The German economy grew at a stronger-than-estimated pace in the first quarter as higher tariff threats by the U.S. administration led to the frontloading of orders for the country's goods, lifting exports and industrial production. Gross domestic product grew 0.4 percent, which was double the initial estimate of 0.2 percent, a detailed report from Destatis revealed on Friday.
RTTNews | 19 시간 43 분 전
Bay Street Likely To Open On Negative Note On Tariff Concerns

Bay Street Likely To Open On Negative Note On Tariff Concerns

Canadian shares look headed for a weak start Friday morning as tariff concerns resurfaced after U.S. President Donald Trump threatened 50% tariffs on EU goods from June 1. Weak oil prices could hurt energy stocks and add to market's downside.
RTTNews | 20 시간 50 분 전
FTSE Pares Early Gains, Up Marginally In Cautious Trade

FTSE Pares Early Gains, Up Marginally In Cautious Trade

U.K. stocks moved higher Friday morning, reacting to data showing a notable rise in retail sales, and survey showing strong consumer confidence. However, stocks pared gains subsequently in cautious trade and the market was up just marginally a little past noon.
RTTNews | 21 시간 52 분 전