Sensex, Nifty Seen Opening Flat On Muted Global Cues

RTTNews | 674 дней спустя

(RTTNews) - Indian shares may open a tad lower on Monday, tracking weak cues from global markets. The latest batch of corporate earnings, RBI's interest-rate decision and the release of industrial output data may attract investor attention as the week progresses.

Adani Ports, BEML, Biocon, Coal India, DLF, Grasim Industries, Hindalco, IRCTC, NHPC, NMDC, Oil India, ONGC, Tata Chemicals and Zee Entertainment Enterprises are among the top companies due to unveil their quarterly earnings this week.

Asian markets were mostly lower this morning as investors looked ahead to the release of U.S. inflation data as well as China's inflation and trade figures this week for direction.

Meanwhile, a mixed U.S. jobs report kept investors guessing on the Fed policy outlook, with some economists favoring a September pause.

The dollar was on the back foot in Asian trading while oil and gold prices were little changed.

U.S. stocks fluctuated before ending lower on Friday as Apple reported another quarter of declining revenue and U.S. jobs growth came in weaker than forecast in July.

Data showed non-farm payroll employment rose by 187,000 jobs in July while economists had expected an increase of 200,000 jobs.

Downward revisions to jobs data in May and June suggested that demand for labour was slowing.

The Dow and the tech-heavy Nasdaq Composite both slid around 0.4 percent while the S&P 500 dropped half a percent.

European stocks ended on a firm note Friday after a three-day sell-off. The pan European STOXX 600 inched up 0.3 percent.

The German DAX edged up 0.4 percent, France's CAC 40 climbed 0.8 percent and the U.K.'s FTSE 100 added half a percent.

KOSPI May Challenge Resistance At 2,900 Points

The South Korea stock market has finished higher in five straight sessions, collecting more than 175 points or 6.4 percent along the way. The KOSPI now rests just above the 2,870-point plateau and it's tipped to open in the green again on Wednesday.

RTTNews | 12 минут назад

Japan Producer Price Data Due On Wednesday

Japan will on Tuesday release May figures for producer prices, highlighting a light day for Asia-Pacific economic activity. In April, producer prices were up 0.2 percent on month and 4.0 percent on year.

RTTNews | 1ч 12мин назад

Gold Dips As US-China Trade Talks Continue

Gold prices dipped on Tuesday, ahead of US inflation report and ongoing US-China official talks, which is now the focus of investors from all over the world. Front Month Comex Gold for June delivery lost $11.20 (or 0.34%) to $3320.90 per troy ounce on Tuesday. Front Month Comex Silver for June delivery lost $14.60 cents (or 0.40%) to $36.542 today. The much-anticipated high-level trade talks between the world's two largest economies, U.S. and China, began on Monday in London and continued for the second day today. On the economic data front, the US Labor Department will release Consumer Price Index (CPI) data on Wednesday, which may help to determine the Federal Reserve's monetary policy before the Fed's June 17-18 meeting. Meanwhile, the World Bank, in its biannual Global Economic Prospects, has cut the global growth forecast to 2.3% from 2.7% for the current year citing "trade barriers" as a reason behind the global slowdown.

RTTNews | 2ч 59мин назад

Crude Oil Prices Fade As US-China Talks Progress

Crude oil prices were down on Tuesday amidst uncertainty over trade talks between China and the United States continued, although the outcome remains uncertain. WTI oil closed down by $0.31 to settle at $64.98 per barrel. August Brent crude was last seen down by $0.03 to $67.01. To ease the standstill created by the reciprocal tariffs imposed by U.S. President Donald Trump and China, high-level officials from both nations convened at London on Monday to discuss steps to soften the conflict. As the talks went on for the second day today, Trump told reporters at the White House that the talks were "going well" and that he was "only getting good reports." While U.S. Treasury Secretary Scott Bessent described Monday's talks as "good meeting," the Commerce Secretary Howard Lutnick called them as "fruitful." On the geopolitical front, however, Russia showed no sign of relenting on its war with Ukraine and continued its attacks. Limiting the downside, the U.S. Energy Information Administration has reported today that US crude oil production is likely to decline over the next 18 months - while the approach of the summer driving season is also good news.

RTTNews | 3ч 5мин назад

Canadian Dollar Appreciates Amid Risk Appetite

The Canadian dollar climbed against its major counterparts in the New York session on Tuesday, as investors monitored trade talks between the U.S. and China that continued for a second day.

RTTNews | 3ч 45мин назад

Swiss Market Ends Marginally Down

Save for a very brief while at the start, the Switzerland market stayed weak on Tuesday as investors refrained from making significant moves, choosing to wait for directional clues. Investors awaited the outcome of the high-level trade discussions between U.S. and Chinese officials in London.

RTTNews | 5ч 10мин назад

European Stocks Close On Mixed Note

European stocks turned in a mixed performance on Tuesday with investors mostly making cautious moves as they awaited the outcome of the ongoing Sino-U.S. trade talks in London. German stocks are drifting lower on Tuesday as investors await the outcome of high-level U.S. - China trade talks in London.

RTTNews | 5ч 26мин назад

TSX Up Marginally; Energy Stocks Rise

After a flat start and a subsequent climb up north, the Canadian market retreated Tuesday morning, and at a little past noon, was up marginally, led by gains in energy, consumer and communications sectors. Investors are cautiously optimistic about some positive progress in U.S.-China trade relations.

RTTNews | 6ч 33мин назад

EURUSD	1.14334	GBPUSD	1.35045	AUDUSD	0.65294
USDJPY	144.893	USDCAD	1.36648	USDCHF	0.82226

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Sensex, Nifty Seen Opening Flat On Muted Global Cues