Sensex, Nifty Likely To Open On Cautious Note

RTTNews | 276 hari yang lalu

(RTTNews) - Indian shares are seen opening on a cautious note on Wednesday as investors weigh geopolitical tensions and wait for the Federal Reserve to provide an update on the central bank's interest-rate decision.

Geopolitical tensions escalated as Israeli airstrikes pounded Gaza and killed more than 400 people on Tuesday.

Israeli Prime Minister Benjamin Netanyahu said the latest strikes airstrikes in Gaza are only the beginning and that all ceasefire negotiations will take place under fire.

Elsewhere, Russian President Vladimir Putin has agreed to temporarily halt attacks on energy and infrastructure targets in Ukraine but refrained from endorsing a full 30-day ceasefire.

Benchmark indexes Sensex and Nifty jumped around 1.5 percent each on Tuesday to scale one-month highs, fueled by a wave of massive short covering undertaken by foreign institutional investors after a month of relentless selling.

The rupee gained 23 paise to close at Rs 86.57 against the dollar, rising for a third straight session and marking its highest in over three weeks supported by dollar inflows and exporter sales.

Asian markets traded mixed this morning ahead of interest-rate decisions from the Bank of Japan and the U.S. Federal Reserve later in the day.

The Japanese yen held steady while the dollar struggled for direction as fears of an economic downturn mount.

Gold hovered near record highs while oil held a decline after industry data pointed to a build in U.S. crude stockpiles.

U.S. stocks pulled back overnight after a two-day rally. As recession fears rise, encouraging industrial production and housing data helped cap overall losses to some extent.

The tech-heavy Nasdaq Composite fell 1.7 percent, the S&P 500 shed 1.1 percent and the Dow eased 0.6 percent amid concerns over President Trump's on-again-off-again tariff policy.

European stocks closed higher on Tuesday after Germany's Bundestag approved a crucial fiscal package, allowing the country to increase defense spending and infrastructure investment.

The pan European STOXX 600 gained 0.6 percent. The German DAX rallied 1 percent, France's CAC 40 rose half a percent and the U.K.'s FTSE 100 edged up by 0.3 percent.

Canadian Dollar Falls Against Most Majors

The Canadian dollar dropped against its most major counterparts in the New York session on Friday.

RTTNews | 2j 53min yang lalu

Swiss Market Ends Modestly Higher As Stocks Rise In The Final Hour

After some positive moments till about an hour after the opening bell Friday morning, and a subsequent long spell in negative territory, the Swiss market climbed higher in the final hour to close on a firm note.

RTTNews | 10j 47min yang lalu

European Markets Close Higher As Stocks Recover After Cautious Start

European stocks closed higher on Friday, and several markets in the region climbed to fresh highs, with investors reacting to the interest rate decisions by major central banks. Expectations of more monetary easing by the Federal Reserve contributed as well to the positive mood in the markets.

RTTNews | 11j 12min yang lalu

TSX Climbs To New Record High As Technology, Materials Stocks Rise

After opening on a firm note, Canadian stocks gained further ground in positive territory Friday morning with several counters in materials, technology and healthcare sectors attracting strong buying interest.

RTTNews | 11j 59min yang lalu

U.S. Consumer Sentiment Rebounds Less Than Previously Estimated In December

Consumer sentiment in the U.S. rebounded by less than previously estimates in the month of December, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for December was downwardly revised to 52.9 from a preliminary reading of 53.3. Economists had expected the index to be upwardly revised to 53.4.

RTTNews | 13j 22min yang lalu

U.S. Existing Home Sales Rise Less Than Expected In November

Existing home sales in the U.S. saw a modest increase in the month of November, the National Association of Realtors revealed in a report released on Friday. NAR said existing home sales rose by 0.5 percent to an annual rate of 4.13 million in November after jumping by 1.5 percent to an upwardly revised rate of 4.10 million in October.

RTTNews | 13j 33min yang lalu

Russia Cuts Key Rate By 50 Bps As Expected

Russia's central bank cut its interest rate by 50 basis points on Friday but reiterated that it will maintain policy tight to bring inflation back to the target. The Board of Directors, led by Governor Elvira Nabiullina, decided to cut the key rate to 16.00 percent from 16.50 percent. The decision matched market expectations. The bank has lowered the interest rate by 400 basis points since Jun

RTTNews | 15j 21min yang lalu

Bay Street May Open Slightly Higher

The Canadian market, which snapped a four-day losing streak on Thursday, looks headed for a positive start Friday morning. Canadian retail sales data, and U.S. PCE reading are likely to make an impact.

RTTNews | 16j 2min yang lalu

EURUSD	1.17054	GBPUSD	1.3377	AUDUSD	0.661
USDJPY	157.739	USDCAD	1.38	USDCHF	0.7953