Sensex, Nifty To Open On Cautious Note On Weak Global Cues

RTTNews | 658 일 전
Sensex, Nifty To Open On Cautious Note On Weak Global Cues

(RTTNews) - Indian shares are seen opening flat to slightly lower on Thursday amidst negative global cues as stronger-than-expected U.S. services sector data fueled concerns that U.S. interest rates may stay higher for longer.

Benchmark indexes Sensex and Nifty finished marginally higher on Wednesday to extend gains for a fourth consecutive session.

The rupee fell by 10 paise to close at a record low of 83.14 against the dollar as the greenback hit a six-month high and crude oil prices neared $90 a barrel.

Asian markets were mostly lower this morning ahead of China's trade figures, due out later in the day.

A buoyant dollar pushed the Japanese yen to a 10-month trough, while oil steadied after the longest winning run in more than four years.

U.S. stocks ended lower overnight as rising oil prices revived inflation fears and Boston Fed President Susan Collins warned that more policy tightening could be warranted.

In economic releases, activity in the U.S. services sector rose unexpectedly in August while the Fed's Beige Book showed economic growth was modest during July and August.

The tech-heavy Nasdaq Composite lost 1.1 percent, the S&P 500 fell 0.7 percent and the Dow dropped 0.6 percent.

European stocks fell for a sixth consecutive session on Wednesday on concerns about elevated inflation and slowing global growth. Weak German factory orders data also weighed.

The pan-European STOXX 600 dropped 0.6 percent to reach its lowest level in over a week.

The German DAX and the U.K.'s FTSE 100 both slipped around 0.2 percent while France's CAC 40 shed 0.8 percent.

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Lower Open Expected For Taiwan Stock Market

Lower Open Expected For Taiwan Stock Market

The Taiwan stock market has moved higher in two straight sessions, advancing almost 700 points or 3.2 percent along the way. The Taiwan Stock Exchange now sits just above the 22,430-point plateau although it's looking at a soft start on Thursday.
RTTNews | 31 분 전
Singapore Bourse Called Rangebound Again On Thursday

Singapore Bourse Called Rangebound Again On Thursday

The Singapore stock market has climbed higher in two straight sessions, rising more than 45 points or 1.2 percent along the way. The Straits Times Index now sits just above the 3,925-point plateau, and it's expected to remain in that neighborhood again on Thursday.
RTTNews | 1 시간 1 분 전
Little Movement Expected For Malaysia Stock Market

Little Movement Expected For Malaysia Stock Market

The Malaysia stock market bounced higher again on Wednesday, one day after snapping the two-day winning streak in which it had picked up almost a dozen points or 0.7 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,520-point plateau and it figures to remain rangebound again on Thursday.
RTTNews | 1 시간 31 분 전
Japan Stock Market May Run Out Of Steam On Thursday

Japan Stock Market May Run Out Of Steam On Thursday

The Japan stock market has moved higher in back-to-back sessions, collecting almost 600 points or 1.5 percent along the way. The Nikkei 225 now sits just above the 38,940-point plateau although the rally may stall on Thursday.
RTTNews | 1 시간 46 분 전
KOSPI May Spin Its Wheels On Thursday

KOSPI May Spin Its Wheels On Thursday

The South Korea stock market has moved higher in back-to-back sessions, advancing almost 95 points or 3 percent in that span. The KOSPI now sits just beneath the 3,110-point plateau although it may be stuck in neutral on Thursday.
RTTNews | 2 시간 1 분 전
Singapore Industrial Production Data Due On Thursday

Singapore Industrial Production Data Due On Thursday

Singapore will on Thursday release May figures for industrial production, highlighting a light day for Asia-Pacific economic activity. Output is expected to sink 2.5 percent on month and rise 2.6 percent on year after climbing 5.3 percent on month and 5.9 percent on year in April.
RTTNews | 3 시간 1 분 전
Euro Climbs Against Majors

Euro Climbs Against Majors

The euro firmed against its major counterparts in the New York session on Wednesday.
RTTNews | 5 시간 53 분 전
Swiss Stock Market Hands Back Tuesday's Gains

Swiss Stock Market Hands Back Tuesday's Gains

The Swiss stock market was unable to extend gains from the previous session, turning lower again on Wednesday - one day after halting the seven-day losing streak in which it had stumbled more than 465 points or 4 percent.
RTTNews | 8 시간 19 분 전