Sensex, Nifty Seen Slightly Higher At Open

RTTNews | 1 dia atrás

(RTTNews) - Indian shares look set to open slightly higher on Monday after six straight weeks of losses for key benchmark indexes Sensex and Nifty.

The Standing Committee on External Affairs, headed by Congress MP Shashi Tharoor, will be briefed today on the latest developments in India's foreign policy.

The External Affairs Ministry is expected to tell the Parliamentary Committee that the imposition of additional tariffs by Trump is a result of 'flawed assumptions' and that India remains 'committed to engaging constructively' through 'dialogue and mutual respect'.

Asian stocks were mostly higher this morning, with Japanese markets closed for a holiday. Focus remains on upcoming Chinese retail sales and industrial output data after consumer and producer price data at the weekend underscored the impact of sluggish domestic demand and persistent trade uncertainty on consumer and business sentiment.

A U.S. tariff deadline on China is due to expire on Tuesday amid expectations it will get extended again.

The dollar index was steady after slipping nearly half a percent last week. U.S. CPI data will be released on Tuesday, with analysts expecting the core inflation to rise at an annual pace of 3.0 percent, well above the Federal Reserve target of 2 percent. Crude oil prices traded lower ahead of U.S. President Trump's scheduled meeting with Russian President Vladimir V. Putin later in this week, with investors pinning hopes for a ceasefire in Ukraine that could result in more supply.

Gold declined as traders await more clarity on U.S. tariff policy on Swiss gold. U.S. stocks rose on Friday, adding to the week's strong performance, amid easing concerns about tariffs and the economic outlook.

President Trump warned U.S. courts against striking down his tariff policy and said the duties will have a "huge positive impact" on the market.

The tech-heavy Nasdaq Composite climbed 1 percent to reach a new record closing high for a second day after Apple committed to invest an additional $100 billion in U.S. manufacturing. The S&P 500 gained 0.8 percent and the Dow added half a percent.

European stocks ended mixed on Friday, with defense stocks underperforming following reports that U.S. and Russian officials are working on a deal to stop the war in Ukraine.

The pan European STOXX 600 edged up by 0.2 percent. The German DAX and the U.K.'s FTSE 100 both finished marginally lower while France's CAC 40 rose 0.4 percent.

Australia Wage Price Data Due On Wednesday

Australia will on Wednesday release Q2 data for its wage price index, highlighting a modest day for Asia-Pacific economic activity. Wages are expected to rise 0.8 percent on quarter and 3.3 percent on year, easing from 0.9 percent on quarter and 34 percent on year in the three months prior.

RTTNews | 1 h 6 min atrás

U.S. Dollar Falls Against Majors

The U.S. dollar dropped against its major counterparts in the New York session on Tuesday.

RTTNews | 2 h 4 min atrás

U.S. Small Business Confidence Improves In July - NFIB

Small business optimism in the U.S. strengthened in July after eroding in the previous month as business expectations turned positive despite a rise in uncertainty, results of a monthly survey by the National Federation of Independent Businesses showed on Tuesday.

RTTNews | 3 h 20 min atrás

Swiss Market Settles Marginally Higher

The Switzerland market ended marginally up on Tuesday after a choppy ride, with investors mostly making their moves, reacting to recent earnings updates.

RTTNews | 5 h 13 min atrás

European Stocks Close Broadly Higher On Fed Rate Cut Hopes, Easing Trading Tensions

European stocks closed broadly higher on Tuesday amid easing trade tensions after the U.S. extended its pause on higher tariffs for Chinese goods until November 10, averting an immediate escalation in the trade war. Expectations of a rate cut by the Federal Reserve in September contributed as well to the positive show by most of the markets in Europe.

RTTNews | 5 h 32 min atrás

Canadian Market Modestly Higher

The Canadian market is up in positive territory around early afternoon on Tuesday, supported by gains in communications, healthcare, financials and technology sectors. Easing trade tensions, and expectations of an interest rate cut by the Federal Reserve next month appear to be aiding sentiment.

RTTNews | 6 h 9 min atrás

UK Labor Market Cools In Q2

The U.K. labor market softened in the second quarter as wage growth eased, the unemployment rate held steady at a four-year high and job vacancies continued to decline sharply, official data revealed on Tuesday. The ILO jobless rate held steady at 4.7 percent in the second quarter, figures from the Office for National Statistics revealed and was in line with expectations.

RTTNews | 9 h 33 min atrás

U.S. Consumer Prices Increase 0.2% In July, In Line With Estimates

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to a report released by the Labor Department on Tuesday. The Labor Department said its consumer price index rose by 0.2 percent in July after climbing by 0.3 percent in June. The modest increase matched expectations.

RTTNews | 9 h 45 min atrás

EURUSD	1.16771	GBPUSD	1.35015	AUDUSD	0.65294
USDJPY	147.771	USDCAD	1.37691	USDCHF	0.80619