Sensex, Nifty Seen Higher At Open

RTTNews | il y a 57

(RTTNews) - Indian shares look set to open higher on Tuesday as traders return to their desks after a long holiday weekend. Indian stock markets were closed on Monday for Dr. Baba Saheb Ambedkar Jayanti.

Tech stocks could be in focus today after the Trump administration announced a pause in tariffs for phones, computers and consumer electronics, though officials insisted it was only a pause before new tech tariffs are implemented.

Trading activity of foreign investors, any new developments on the U.S.-China tariff war front along with the latest quarterly earnings announcements may sway sentiment as the week progresses.

On the earnings front, IT majors Wipro and Infosys along with private banking majors HDFC Bank and ICICI Bank are set to publish their financial results this week.

In economic releases, WPI and CPI data are set to be released this week. Domestic markets will remain closed on Friday due to Good Friday.

Asian markets were mixed this morning after rising sharply in the previous session. Japan's Nikkei average was up over 1 percent after U.S. President Donald Trump said he is exploring a pause in auto tariffs to allow time for supply chain adjustments.

At the same time, the White House has announced trade probes into semiconductors and pharmaceuticals, seen as a precursor to imposing tariffs that threaten to broaden Trump's sweeping U.S. trade war.

Treasuries were steady and the dollar index edged higher while gold was slightly lower. Oil traded higher, with U.S.-Iran discussions in focus.

U.S. stocks rose in a choppy session overnight as tech shares surged following a surprise U.S. tariff exemption of smartphones and computers, as well as other devices and components such as semiconductors, from President Trump's new "reciprocal" tariffs.

The Dow and the S&P 500 both climbed around 0.8 percent while the tech-heavy Nasdaq Composite added 0.6 percent.

European stocks ended Monday's session on a buoyant note as investors cheered news of a U.S. tariff exemption for some tech items.

The pan European STOXX 600 climbed 2.7 percent. The German DAX jumped 2.9 percent, France's CAC 40 rallied 2.4 percent and the U.K.'s FTSE 100 gained 2.1 percent.

U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected

A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May. The Labor Department said its consumer price index inched up by 0.1 percent in May after rising by 0.2 percent in April. Economists had expected another 0.2 percent increase.

RTTNews | il y a 11 minutes

Bay Street Seen Opening On Mixed Note

It's likely to be a mixed start for Canadian shares on Wednesday with investors reacting to the crucial U.S. consumer price inflation data, and the developments on the trade front where U.S. and Chinese official reached a framework to implement the Geneva consensus following two days of discussions in London.

RTTNews | il y a 59 minutes

U.S. Consumer Prices Inch Up Slightly Less Than Expected In May

A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May.

RTTNews | il y a 1h 12min

FTSE 100 Up Slightly As Investors Await Further News On Trade, U.S. Inflation Data

U.K.'s benchmark index FTSE 100 is roughly flat a little over an hour past noon on Wednesday with investors making cautious moves, reacting to news about U.S.-China trade talks, and some corporate updates, while awaiting the crucial inflation data from the U.S.

RTTNews | il y a 1h 33min

CAC 40 Drifts Lower In Cautious Trade

The French market is down in negative territory Wednesday afternoon, with stocks moving in a narrow range as investors await further details on U.S.-China trade talks, and the crucial inflation data from the U.S. later in the day.

RTTNews | il y a 2h 8min

Euro Rises Amid Risk-on Mood

The euro strengthened against other major currencies in the European session on Wednesday amid increased risk-on mood, as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction. After two days of discussions in London, U.S. and Chinese officials have agreed on a limited framework to put their trade truce back on track.

RTTNews | il y a 3h 14min

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.

RTTNews | il y a 3h 23min

Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Indian shares eked out modest gains on Wednesday as markets assessed the outcome of high-level U.S.-China talks and awaited key U.S. inflation readings for additional clues on the Federal Reserve's rate trajectory.

RTTNews | il y a 3h 24min

EURUSD	1.14683	GBPUSD	1.35119	AUDUSD	0.65171
USDJPY	145.037	USDCAD	1.36679	USDCHF	0.8202

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Sensex, Nifty Seen Higher At Open