Sensex, Nifty Seen Opening Flat As Investors Await Fed Decision

RTTNews | 1151 gün önce
Sensex, Nifty Seen Opening Flat As Investors Await Fed Decision

(RTTNews) - Indian shares are seen opening little changed on Wednesday as investors await the Fed's interest-rate decision later in the day and the messaging around future guidance on rates for directional cues.

Benchmark indexes Sensex and the Nifty ended a choppy session modestly lower on Tuesday, extending losses for the third straight session. The rupee ended almost flat at 78.03 against the dollar.

Asian stocks traded mixed this morning, with mainland Chinese and Hong Kong markets rising sharply as data showed China's industrial output unexpectedly increased and retail sales fell less than expected in May.

The dollar continued to hold recent gains and gold prices edged up slightly, while oil prices extended overnight losses on worries over fuel demand.

U.S. stocks ended mixed overnight after a measure of producer prices increased solidly in May, underscoring the ongoing threat to the economy from a bout of inflation.

The Dow dipped half a percent and the S&P 500 slipped 0.4 percent to extend losses for a fifth straight session, while the tech-heavy Nasdaq Composite index edged up 0.2 percent.

European stocks extended their selloff for a sixth straight session on Tuesday amid worries that aggressive monetary policy tightening by central banks could push the global economy into a recession.

The pan European Stoxx 600 gave up 1.3 percent. The German DAX dropped 0.9 percent, France's CAC 40 index fell 1.2 percent and the U.K.'s FTSE 100 eased 0.3 percent.

read more
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Friday despite exhibiting weakness for much of the time past noon. Investors continued to react to earnings and assess the economic impact of reciprocal tariffs, and stayed largely cautious with their moves. A report showing a drop in Swiss consumer confidence in the month of July hurt sentiment.
RTTNews | 9s 0 dakika önce
Major European Markets Close On Mixed Note

Major European Markets Close On Mixed Note

Major European markets turned in a mixed performance on Friday with investors largely staying cautious, assessing the impact of tariffs on global economic growth, and continuing to digest corporate earnings announcements and other data.
RTTNews | 9s 24 dakika önce
Positive Start Seen For Canadian Stocks

Positive Start Seen For Canadian Stocks

Canadian stocks may edge up a bit in early trades Friday morning with some encouraging earnings announcements and firm commodity prices aiding sentiment. Investors will also be reacting to the data showing a 41,000 jobs drop in Canadian employment in the month of July. Data from Statistics Canada also showed that the unemployment rate in Canada came in unchanged at 6.9%.
RTTNews | 13s 56 dakika önce
UK Market Roughly Flat; Mining Stocks Move Higher

UK Market Roughly Flat; Mining Stocks Move Higher

Amid a lack of economic and earnings data, U.K. stocks are moving in a tight range in somewhat lackluster trade on Friday. Investors are assessing the potential impact of the Trump administration's reciprocal tariffs on global economic growth. Optimism about a rate cut by the Fed next month is aiding sentiment a bit.
RTTNews | 15s 50 dakika önce
CAC 40 Climbs Higher For 3rd Straight Day

CAC 40 Climbs Higher For 3rd Straight Day

French stocks are modestly higher on Friday, extending gains to a third straight session, with mostly encouraging corporate earnings announcements aiding sentiment. Concerns about the potential impact of Trump's reciprocal tariffs limit market's upside a bit.
RTTNews | 16s 9 dakika önce