Sensex, Nifty Seen Slightly Lower At Open

RTTNews | 595 dias atrás
Sensex, Nifty Seen Slightly Lower At Open

(RTTNews) - Indian shares look set to open flat to slightly lower on Monday following cautious comments from a Federal Reserve official on the U.S. interest rate outlook.

A rebound in the dollar index and Treasury yields may prompt some profit taking after key benchmark indexes marched to record highs last week on the back of FII flows.

Traders may also keep a close eye on oil price movements after major shipping lines suspended transit through the Red Sea.

Asian markets were mostly lower this morning as investors awaited cues from the Bank of Japan's policy meeting and a key reading on U.S. inflation.

U.S. stocks ended mixed on Friday but logged seventh week of gains after a deluge of central bank meetings and economic data releases.

Investors tempered dovish Fed bets after New York Fed President John Williams pushed back against market bets of multiple rate cuts next year, reiterating the U.S. central bank remains focused on bringing inflation down to its 2 percent target.

Economic data signaled an uptick in U.S. business activity in December and mixed fortunes for the manufacturing sector.

The Dow edged up 0.2 percent to touch another new record closing high and the tech-heavy Nasdaq Composite added 0.4 percent to hit a nearly two-year closing high while the S&P 500 ended flat with a negative bias.

European stocks also ended mixed on Friday after cautious ECB and BoE comments and weak euro area service sector data.

The pan-European STOXX 600 ended marginally higher. The German DAX finished marginally lower and the U.K.'s FTSE 100 lost about 1 percent while France's CAC 40 rose 0.3 percent.

read more
U.S. Factory Orders Pull Back Sharply In June

U.S. Factory Orders Pull Back Sharply In June

After reporting a substantial increase by new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Monday showing factory orders pulled back sharply in the month of June. The Commerce Department said factory orders dove by 4.8 percent in June after soaring by an upwardly revised 8.3 percent in May.
RTTNews | 2 h 13 min atrás
Weak Jobs Data Limits Dollar's Rebound

Weak Jobs Data Limits Dollar's Rebound

A smaller-than expected addition to non-farm payrolls curtailed the dollar's rally fueled by a hawkish Fed stance, higher-than-expected PCE-inflation readings, as well as anxiety ahead of the U.S.-China trade talks and the looming trade tariff deadline.
RTTNews | 2 h 15 min atrás
Eurozone Investor Sentiment Weakens Unexpectedly

Eurozone Investor Sentiment Weakens Unexpectedly

Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.
RTTNews | 3 h 33 min atrás
Bay Street Seen Opening On Cautious Note

Bay Street Seen Opening On Cautious Note

Canadian stocks may open on a mixed note on Monday with investors likely to stay cautious ahead of implementation of levies imposed by U.S. President Donald Trump, and a slew of earnings announcements due this week. Weak oil prices may weigh a bit.
RTTNews | 3 h 41 min atrás
FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

The UK market is up in positive territory on Monday with stocks from the financial sector contributing significantly to the upmove after the outcome from the UK's motor finance investigation turned out to less severe than feared, with potential compensation estimated at 9 billion pounds, much less than the expected quantum o 30 billion pounds.
RTTNews | 4 h 32 min atrás
Indian Rupee Falls To 4-day Low Against U.S. Dollar

Indian Rupee Falls To 4-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in the European session on Monday, as investors await the announcement of the interest rate decision by the Reserve Bank of India (RBI) on Wednesday.
RTTNews | 4 h 55 min atrás
CAC Moderately Higher As Stocks Recover From Recent Setback

CAC Moderately Higher As Stocks Recover From Recent Setback

The French stock market is up firmly in positive territory on Monday with several counters from across various sectors attracting buyers after last week's decline following a sweeping tariff announcement from U.S. President Donald Trump.
RTTNews | 5 h 1 min atrás
DAX Up 1.1% As Stocks Rebound From Recent Losses

DAX Up 1.1% As Stocks Rebound From Recent Losses

German stocks are up firmly in positive territory on Monday, recovering well from recent losses, as investors look past last week's tariff announcement from U.S. President Donald Trump and focusing on recent earnings.
RTTNews | 5 h 19 min atrás