Sensex, Nifty Set For Lackluster Open On Muted Global Cues

RTTNews | 617 일 전

(RTTNews) - Indian shares are seen opening on a flat note Wednesday amid mixed catalysts. Global cues remain muted while oil prices were subdued ahead of this weekend's OPEC+ meeting.

The FOMC minutes did little to dislodge market expectations that its monetary tightening cycle was over.

U.S. chip giant Nvidia posted better-than-expected fiscal third-quarter results, but warned export restrictions on China would weigh on its fiscal fourth quarter.

In the Middle East, Israel's government agreed to exchange 50 women and children hostages held by Hamas in Gaza for a four-day pause in fighting.

Closer home, the Indian economy is likely to have grown 7 percent in the second quarter of the current financial year, higher than the RBI's projections on the back of robust investment activities, research firm ICRA said.

Benchmark indexes Sensex and Nifty rose around half a percent each on Tuesday while the rupee settled four paise higher at 83.34 against the dollar.

Asian markets traded mostly lower this morning after Chinese police arrested game-streaming company DouYu International Holdings Ltd.'s founder Chen Shaojie on unspecified charges in a tough crackdown on alleged wrongdoing.

The dollar index held around 2-1/2-month lows and gold held below the key $2,000 per ounce level while oil prices were slightly lower after industry data showed U.S. crude stocks rose by nearly 9.1 million barrels in the week ended Nov. 17. Treasuries held steady in Asian trade after climbing Tuesday.

U.S. stocks ended slightly lower overnight as retail earnings disappointed and minutes from the Fed's last rate-setting meeting showed officials expect to keep interest rates at a restrictive level for "sometime" and raise interest rates if progress in controlling inflation faltered.

The tech-heavy Nasdaq Composite shed 0.6 percent to snap a five-session winning streak, while the S&P 500 and the Dow eased around 0.2 percent each.

European stocks fell slightly on Tuesday as hawkish comments from Bank of England Governor Andrew Bailey and ECB President Christine Lagarde dented rate cut hopes.

The pan European STOXX 600 ended flat with a negative bias. The German index ended marginally lower while France's CAC 40 and the U.K.'s FTSE 100 both fell around 0.2 percent.

U.S. Consumer Price Growth Matches Estimates In June

A closely watched report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in June after inching up by an upwardly revised 0.2 percent in May.

RTTNews | 14 분 전

German Unemployment Rises In July

Germany's unemployment increased less than expected in July but the overall number of people out of work remained close to the 3 million mark due to the prolonged period of economic slowdown, official data revealed on Thursday. The number of unemployed rose by less-than-expected 2,000 from June, the Federal Employment Agency said. For July, economists had forecast an increase of 15,000.

RTTNews | 57 분 전

U.S. Jobless Claims Inch Up Less Than Expected To 218,000

First-time claims for U.S. unemployment benefits edged slightly higher in the week ended July 26th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims crept up to 218,000, an increase of 1,000 from the previous week's unrevised level of 217,000. Economists had expected jobless claims to rise to 224,000.

RTTNews | 1 시간 4 분 전

U.S. Consumer Prices Increase In Line With Estimates In June

A closely watched report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of June.

RTTNews | 1 시간 47 분 전

Bay Street Looks Headed For Positive Start

Canadian shares look headed for a positive start Thursday morning, with investor sentiment getting a boost thanks to strong results from US tech majors Meta Platforms and Microsoft.

RTTNews | 1 시간 52 분 전

U.S. Weekly Jobless Claims Inch Up Less Than Expected

First-time claims for U.S. unemployment benefits edged slightly higher in the week ended July 26th, according to a report released by the Labor Department on Thursday.

RTTNews | 1 시간 57 분 전

FTSE 100 Modestly Higher; Rolls-Royce Holdings, Rentokil Shares Soar

The UK stock market is up in positive territory Thursday afternoon, riding on some strong earnings and guidance updates from big name companies. Investors are also reacting to the latest developments on the tariff front.

RTTNews | 2 시간 26 분 전

Eurozone Jobless Rate Unchanged At 6.2%

The euro area unemployment rate remained stable in June despite slowing economic growth and challenging global trade situation, official data revealed on Thursday. The jobless rate came in at seasonally adjusted 6.2 percent, the same rate as seen in May and down from 6.4 percent in the same period last year, Eurostat said Thursday.

RTTNews | 2 시간 41 분 전

EURUSD	1.14329	GBPUSD	1.32144	AUDUSD	0.64408
USDJPY	150.563	USDCAD	1.383	USDCHF	0.81275

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Sensex, Nifty Set For Lackluster Open On Muted Global Cues