European Shares Seen Higher At Open

RTTNews | 34 dni temu

(RTTNews) - European stocks may open slightly higher on Wednesday after reports that the United States and the European Union are planning to impose new sanctions on Iran, following its weekend attack on Israel.

Israel has vowed to retaliate against Iran, but officials haven't said how or when they might strike.

Israel's Foreign Minister Israel Katz said a diplomatic offensive against Iran would be carried out alongside Israel's military response.

Asian markets traded mixed, with China's Shanghai Composite rising over 1 percent as better-than-expected Q1 GDP data released the previous day boosted hopes of economic recovery.

Other regional markets were subdued after several Fed officials warned of longer inflation flight.

Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any rate cuts until later this year.

Vice Chair Philip Jefferson said "it will be appropriate to hold in place the current restrictive stance of policy for longer" if inflation fails to slow as expected.

Richmond Fed President Thomas Barkin said the recent run of indicators had not supported the idea of a soft landing for the economy.

Gold held steady near $2,380 per ounce while oil traded lower on demand concerns and amid data showing a large weekly build in U.S. inventories.

The International Monetary Fund said on Tuesday that a resilient global economy is set for steady growth in the next two years, but the growth will be uneven amid persistent risks.

U.K. consumer price inflation data for March is due later in the day and hotter-than-expected headline and core annual inflation figures could help push back market expectations of a September BoE rate cut.

Across the Atlantic, the Fed's Beige Book may attract some attention later in the day.

U.S. stocks fluctuated before ending narrowly mixed overnight while yields climbed after the release of encouraging manufacturing data and hawkish Fed comments.

The S&P 500 slipped 0.2 percent to notch its third straight day of losses and the tech-heavy Nasdaq Composite eased 0.1 percent while the Dow rose 0.2 percent to snap a six-session losing streak.

European stocks closed lower on Tuesday to snap a two-day winning streak amid heightened tensions in the Middle East, signs of feeble demand in China and lingering uncertainty around rate cuts.

The pan European STOXX 600 dropped 1.5 percent. The German DAX and France's CAC 40 both fell around 1.4 percent while the U.K.'s FTSE 100 shed 1.8 percent.

Sensex, Nifty Marginally Lower In Early Trade

Indian shares traded slightly lower on Tuesday amid elevated geopolitical tensions and lingering uncertainty over the timing and pace of Fed rate cuts.

RTTNews | 4g 59 minut temu

Asian Markets Trade Mostly Lower

Asian stock markets are mostly lower on Tuesday, following the mixed cues from Wall Street overnight, amid lingering uncertainty about the outlook for interest rates, with some US Fed officials warning the central bank may still need to raise rates if inflation persists. Traders also seemed reluctant to make more significant bets ahead of the release of the minutes of the latest Fed meeting.

RTTNews | 5g 48 minut temu

Japanese Market Slightly Higher

Adding the gains in the previous session, the Japanese stock market is slightly higher on Tuesday, with the Nikkei 225 moving above the 39,100 level, following the mixed cues from Wall Street overnight, with gains in some Index heavyweights and technology stocks.

RTTNews | 6g 43 minut temu

Sensex, Nifty Seen Higher At Open

Indian shares are seen opening flat to higher on Tuesday despite mixed global cues, elevated geopolitical tensions and lingering uncertainty over the timing and pace of Fed rate cuts.

RTTNews | 6g 45 minut temu

Thai Stock Market Called Higher On Tuesday

The Thai stock market on Monday ended the two-day winning streak in which it had picked up more than a dozen points or 0.9 percent. The Stock Exchange of Thailand now sits just beneath the 1,380-point plateau although it's expected to open to the upside on Tuesday. The global forecast for the Asian markets is cautiously optimistic, with strength likely from the technology shares. The European markets were up and the U.S. bourses were mixed and the Asian markets are tipped to open to the upside.

RTTNews | 7g 8 minut temu

RBA Minutes: Inflation Slowing Less Than Expected

Members of the Reserve Bank of Australia's Monetary Policy Board said that the country's economy was slowing and that inflation was declining less than expected, minutes from the central bank's May 7 meeting revealed on Tuesday.

RTTNews | 7g 17 minut temu

Indonesia Shares May Reverse Monday's Losses

The Indonesia stock market on Monday snapped the three-day winning streak in which it had jumped more than 230 points or 3.3 percent. The Jakarta Composite Index now sits just beneath the 7,270-point plateau although it's expected to rebound on Tuesday. The global forecast for the Asian markets is cautiously optimistic, with strength likely from the technology shares. The European markets were up and the U.S. bourses were mixed and the Asian markets are tipped to open to the upside. The JCI finished modestly lower on Monday following losses from the financial shares and mixed performances from the cement and resource companies. For the day, the index sank 50.55 points or 0.69 percent to finish at 7,266.69 after trading between 7,243.01 and 7,374.55. Among the actives, Bank CIMB Niaga sank 0.80 percent, while Bank Mandiri plunged 3.80 percent, Bank Danamon Indonesia fell 0.37 percent, Bank Negara Indonesia plummeted 3.77 percent, Bank Central Asia tanked 2.82 percent, Bank Rakyat Indonesia stumbled 2.03 percent, Indosat Ooredoo Hutchison surrendered 3.48 percent, Indocement rose 0.36 percent, Semen Indonesia slumped 1.72 percent, Indofood Sukses Makmur climbed 1.22 percent, United Tractors accelerated 2.47 percent, Astra International retreated 1.25 percent, Energi Mega Persada soared 2.07 percent, Astra Agro Lestari strengthened 1.64 percent, Aneka Tambang rallied 2.16 percent, Vale Indonesia skyrocketed 7.52 percent, Timah lost 0.51 percent, Bumi Resources spiked 2.17 percent and Perusahaan Perseroan and Jasa Marga were unchanged.

RTTNews | 7g 38 minut temu

Australian Market Modestly Lower

The Australian stock market is modestly lower on Tuesday after opening in the green, giving up some of the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 7,900 level, with weakness in iron ore miners and energy stocks are partially offset by gains in technology stocks.

RTTNews | 7g 41 minut temu

EURUSD	1.086	GBPUSD	1.27105	AUDUSD	0.6657
USDJPY	156.43	USDCAD	1.36343	USDCHF	0.9104