Sensex, Nifty Set To Follow Global Peers Lower

RTTNews | 722天前

(RTTNews) - Indian shares are likely to open lower on Wednesday as investors react to weak global cues and look ahead to the MPC decision on interest rates due Friday for direction.

Analysts say that the Reserve Bank of India (RBI) will likely keep the benchmark repo rate unchanged at 6.5 percent for the fourth consecutive time but there could be divergence within the Committee as to the stance.

Benchmark indexes Sensex and Nifty fell around half a percent each on Tuesday, reflecting weak global sentiment.

The rupee ended 17 paise lower at 83.21 against the dollar, hit by a stronger dollar and elevated Treasury yields in international markets.

Asian stocks traded at 11-month lows this morning and gold hovered near seven-month lows, while the Japanese yen strengthened on speculation of government intervention to combat a sustained depreciation of the currency.

Oil prices were down slightly after setting higher in the U.S. trading session overnight.

U.S. stocks fell sharply overnight to reach four-month lows and the 10-yeat Treasury yield hit a 16-year high, as the August job openings survey signaled a tight labor market, keeping the risks tiled toward another Fed rate hike.

The Dow dropped 1.3 percent and the S&P 500 lost 1.4 percent while the tech-heavy Nasdaq Composite plunged 1.9 percent to extend the late summer selloff.

European stocks ended Tuesday's session notably lower on concerns over higher interest rates and the gloomy economic outlook.

The pan European STOXX 600 fell 1.1 percent. The German DAX gave up 1.1 percent, France's CAC 40 shed 1 percent and the U.K.'s FTSE 100 declined half a percent.

U.S. Existing Home Sales Dip Much Less Than Expected In August

Existing home sales in the U.S. saw a modest pullback in the month of August, according to a report released by the National Association of Realtors on Thursday. NAR said existing home sales dipped by 0.2 percent to an annual rate of 4.00 million in August after jumping by 2.0 percent to an annual rate of 4.01 million in July. Economists had expected existing home sales to slump by 1.3 percent.

RTTNews | 12分鐘前

U.S. GDP Surges 3.8% In Q2, Much More Than Previously Estimated

Revised data released by the Commerce Department on Thursday showed the U.S. economy unexpectedly grew by much more than previously estimated in the second quarter of 2025. The report said real gross domestic product spiked by 3.8 percent in the second quarter compared to the previously reported 3.3 percent surge. Economists had expected the pace of GDP growth to be unrevised.

RTTNews | 15分鐘前

U.S. Durable Goods Orders Unexpectedly Rebound In August

After reporting a sharp pullback by new orders for U.S. manufactured durable goods over the two previous months, the Commerce Department released a report on Thursday unexpectedly showing a significant rebound by durable goods orders in the month of August. The Commerce Department said durable goods orders shot up by 2.9 percent in August after tumbling by a revised 2.7 percent in July.

RTTNews | 41分鐘前

Starbucks To Close Coffeehouses, Cut 900 Jobs In $1 Bln Restructuring

As part of its "Back to Starbucks" strategy, Coffee giant Starbucks Corp. Thursday announced a $1 billion restructuring plan involving the closure of select coffeehouses and around 900 job cuts. In a filing with the U.S. Securities and Exchange Commission, the company said it estimates the $1 billion restructuring charges to be related to the store closures, support organization transformation,

RTTNews | 50分鐘前

U.S. Weekly Jobless Claims Unexpectedly Decrease To Two-Month Low

A report released by the Labor Department on Thursday unexpectedly showed an extended pullback by first-time claims for U.S. unemployment benefits in the week ended September 20th. The Labor Department said initial jobless claims fell to 218,000, a decrease of 14,000 from the previous week's revised level of 232,000. Economists had expected jobless claims to inch up to 235,000.

RTTNews | 59分鐘前

Swiss National Bank Pauses Policy Easing

The Swiss National Bank left its policy rate unchanged after easing for six straight meetings as higher US trade tariff dampened the economic outlook amid weak inflation. The SNB retained its policy rate unchanged at zero percent, as widely expected. Banks' sight deposits held at the SNB will be remunerated at the SNB policy rate up to a certain threshold.

RTTNews | 1小時25分鐘前

U.S. GDP Surges Much More Than Previously Estimated In Q2

Revised data released by the Commerce Department on Thursday showed the U.S. economy unexpectedly grew by much more than previously estimated in the second quarter of 2025.

RTTNews | 1小時51分鐘前

U.S. Durable Goods Orders Unexpectedly Surge 2.9% In August

RTTNews | 1小時56分鐘前

EURUSD	1.16853	GBPUSD	1.33676	AUDUSD	0.65512
USDJPY	149.498	USDCAD	1.39165	USDCHF	0.79983