Australian Market Modestly Higher

RTTNews | Pred 578 dňami

(RTTNews) - Adding to the gains in the previous session, the Australian stock market is modestly higher on Friday, following the broadly positive cues from global markets overnight. The benchmark S&P/ASX 200 is staying above the 7,600 level, with gains across most sectors led by mining and energy stocks amid spiking commodity prices.

The benchmark S&P/ASX 200 Index is gaining 29.70 points or 0.39 percent to 7,635.40, after touching a high of 7,681.10 earlier. The broader All Ordinaries Index is up 32.1 points or 0.41 percent to 7,883.80. Australian markets ended significantly higher on Thursday.

Among major miners, Rio Tinto is gaining more than 1 percent and Mineral Resources is adding almost 3 percent, while Fortescue Metals and BHP Group are advancing almost 1 percent. Oil stocks are mostly higher. Woodside Energy and Beach energy are gaining almost 2 percent each, while Santos is adding almost 1 percent. Origin Energy is losing almost 1 percent.

Among tech stocks, Afterpay owner Block and WiseTech Global are gaining more than 1 percent each, while Xero is edging up 0.1 percent and Appen is adding 1.5 percent. Zip is flat.

Among the big four banks, Commonwealth Bank and is gaining almost 1 percent, while National Australia Bank, ANZ Banking and Westpac are edging up 0.2 to 0.4 percent each. Gold miners are mostly higher. Gold Road Resources and Newmont are gaining almost 2 percent each, while Evolution Mining, Resolute Mining and Northern Star Resources are adding almost 3 percent each.

In the currency market, the Aussie dollar is trading at $0.651 on Friday.

On Wall Street, stocks showed a lack of direction early in the session on Thursday but moved mostly higher over the course of the trading day. The major averages extended the significant rebound seen during Wednesday's session, with the S&P 500 reaching a new record closing high.

The major averages finished the day just off their highs of the session. The Dow jumped 348.85 points or 0.9 percent to 38,773.12, the Nasdaq rose 47.03 points or 0.3 percent to 15,906.17 and the S&P 500 climbed 29.11 points or 0.6 percent to 5,029.73.

The major European markets also moved to the upside on the day. While the French CAC 40 Index advanced by 0.9 percent, the German DAX Index increased by 0.6 percent and the U.K.'s FTSE 100 Index climbed by 0.4 percent.

Crude oil futures ended higher on Thursday as the dollar weakened after the weak retail sales data raised hopes of a rate cut by the Federal Reserve in June. West Texas Intermediate Crude oil futures for March rallied $1.39 or 1.8 percent at $78.03 a barrel.

Swiss Market Ends On Weak Note

The Switzerland market closed notably lower on Tuesday, in line with most of the major markets across Europe, as the mood remained cautious ahead of monetary policy announcements from the Federal Reserve and the Bank of England, due on Wednesday and Thursday, respectively.

RTTNews | Pred 49 minútami

European Markets Close On Weak Note Ahead Of Fed, BoE Policy Decisions

European markets closed notably lower on Tuesday as investors, digesting a slew of economic data from the region, remained reluctant to pick up stocks ahead of Federal Reserve's interest rate decision due on Wednesday.

RTTNews | Pred 1 h 4 min

U.S. Business Inventories Rise 0.2% In July, In Line With Estimates

The Commerce Department released a report on Tuesday showing business inventories in the U.S. increased in line with expectations in the month of July. The report said business inventories rose by 0.2 percent in July, matching the increase seen June as well as economist estimates.

RTTNews | Pred 2 h 5 min

U.S. Homebuilder Confidence Holds Steady In September

Homebuilder confidence in the U.S. held steady in the month of September, according to a report released by the National Association of Home Builders on Tuesday. The report said the NAHB/Wells Fargo Housing Market Index came in at 32 in September, unchanged from August. Economists had expected the index to inch up to 33.

RTTNews | Pred 2 h 33 min

U.S. Industrial Production Unexpectedly Inches Slightly Higher In August

Industrial production in the U.S. unexpectedly edged slightly higher in the month of August, according to a report released by the Federal Reserve on Tuesday. The Fed said industrial production crept up by 0.1 percent in August after falling by a downwardly revised 0.4 percent in July. Economists had expected industrial production to slip by 0.1 percent.

RTTNews | Pred 2 h 50 min

U.S. Import Prices Unexpectedly Increase In August

A report released by the Labor Department on Tuesday showed import prices in the U.S. unexpectedly increased in the month of August. The Labor Department said import prices rose by 0.3 percent in August after inching up by a downwardly revised 0.2 percent in July. Economists had expected import prices to edge down by 0.1 percent.

RTTNews | Pred 3 h 6 min

Canadian Market Drifts Lower In Cautious Trade

The Canadian market is down in negative territory Tuesday morning, as data showing an increase in the nation's consumer price inflation dimmed the extent of rate cuts this year although the Canadian central bank is widely expected to lower interest rate by 25 basis points on Wednesday.

RTTNews | Pred 3 h 32 min

U.S. Retail Sales Climb 0.6% In August, Much More Than Expected

The Commerce Department released a report on Tuesday showing retail sales in the U.S. rose by much more than expected in the month of August. The report said retail sales climbed by 0.6 percent in August, matching an upwardly revised increase in July. Economists had expected retail sales to inch up by 0.2 percent compared to the 0.5 percent growth originally reported for the previous month.

RTTNews | Pred 4 h 33 min

EURUSD	1.18674	GBPUSD	1.3661	AUDUSD	0.66846
USDJPY	146.369	USDCAD	1.37462	USDCHF	0.78618