Sensex, Nifty Set For Positive Start

RTTNews | vor 2 Tagen

(RTTNews) - Indian shares look set to open on a positive note Monday, tracking mostly positive cues from global markets. That said, volatility cannot be ruled out, heading into a data-heavy week both domestically and globally.

Geopolitical tensions, movements in U.S. bond yields, progress of the monsoon and developments in India-U.S. trade talks may garner investor attention as the week progresses.

Asian markets were mixed this morning, with upcoming U.S.-China trade talks in London and U.S. inflation data in focus.

Meanwhile, U.S. President Donald Trump on Saturday warned Elon Musk of "serious consequences" if the billionaire backs efforts to unseat Republicans who support a controversial government spending bill.

On the geopolitical front, U.S. officials said that Russia's threatened retaliation against Ukraine over its drone attack last weekend has not happened yet in earnest and is likely to be a significant, multi-pronged strike.

The dollar held against its major rivals in Asian trade while gold hovered below $3,300 per ounce after losing nearly 2 percent over the previous two sessions. Oil held steady after rallying more than 4 percent last week.

U.S. stocks surged on Friday as a better-than-expected monthly jobs report following some recent downbeat data helped ease economic concerns and Tesla recovered part of the losses from a significant drop in the previous session.

Data showed non-farm payroll employment shot up by 139,000 jobs in May after a downwardly revised 147,000 jobs in April. The unemployment rate came in unchanged at 4.2 percent.

The tech-heavy Nasdaq Composite rallied 1.2 percent and the S&P 500 gained 1 percent to reach their best closing levels in over three months while the narrower Dow climbed 1.1 percent.

European stocks ended mostly higher on Friday as revised data showed the eurozone economy expanded at a much stronger rate than initially expected in the first quarter.

The pan European STOXX 600 rose 0.3 percent. The German DAX finished marginally lower, while France's CAC 40 rose 0.2 percent and the U.K.'s FTSE 100 added 0.3 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 | vor 16 Minuten

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 | vor 1Std 4 Minuten

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 | vor 1Std 17 Minuten

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 | vor 1Std 38 Minuten

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 | vor 2Std 13 Minuten

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 | vor 3Std 19 Minuten

Euro Rises Against Majors

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

RTTNews | vor 3Std 28 Minuten

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 | vor 3Std 29 Minuten

EURUSD	1.14703	GBPUSD	1.35161	AUDUSD	0.65194
USDJPY	145.008	USDCAD	1.36679	USDCHF	0.82011

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Sensex, Nifty Set For Positive Start