European Shares Set For Steady Start

RTTNews | Pred 918 dňami

(RTTNews) - European stocks may open a tad higher on Monday, though trading volumes are likely to remain thin due to Presidents' Day holiday in the U.S.

Asian markets traded mixed, with Chinese stocks rallying after the country's central bank kept its benchmark lending rates unchanged for the sixth straight month in February, as widely expected.

New Zealand's benchmark S&P/NZX-50 index fell over 2 percent ahead of the Reserve Bank of New Zealand's (RBNZ) interest rate decision due on Wednesday.

Geopolitical tensions remained on investors' radar after North Korea fired off two short-range ballistic missiles.

Gold was marginally lower as the dollar recovery gathered steam on hawkish comments from Federal Reserve officials.

Federal Reserve Governor Michelle Bowman said in a speech on Friday that inflation remains "much too high" and the U.S. central bank will have to continue to raise the federal funds rate.

Oil prices were slightly higher following last week's steep losses after the United States reported higher crude and gasoline inventories.

As rate-hike worries mount, investors await the release of minutes from the U.S. Federal Open Market Committee (FOMC) meeting on Wednesday for further clarity.

A report on personal income and spending due this week is also likely to be in focus, as it includes a reading on inflation said to be preferred by the Federal Reserve.

On the earnings front, financial results from Home Depot, Walmart and Etsy will offer fresh insights into consumer strength or weakness.

U.S. stocks ended mixed on Friday as yields on the 10-year and 2-year U.S. Treasury bonds hit levels not seen since November amid lingering worries about stubbornly high inflation and expectations the Fed will keep raising rates for longer.

The Dow inched up 0.4 percent but notched its third straight week of losses. The S&P 500 eased 0.3 percent and the tech-heavy Nasdaq Composite shed 0.6 percent.

European stocks came off early lows on Friday but still finished in the red, dragged down by energy and tech stocks. The pan-European STOXX 600 gave up 0.2 percent.

The German DAX and France's CAC 40 index both slipped around 0.3 percent while the U.K.'s FTSE 100 edged down 0.1 percent.

U.S. Dollar Falls Against Majors

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

RTTNews | Pred 1 h 9 min

TSX Modestly Higher As Financials, Mining Stocks Move Up

Despite concerns about global trade, and political uncertainty in Europe, the Canadian market is modestly higher Tuesday afternoon, supported by gains in materials, industrials and financials sectors.

RTTNews | Pred 3 h 31 min

Swiss Market Settles Weak

After opening with a big negative gap Tuesday morning, the Swiss market gradually recovered some lost ground, and even managed a brief spell in positive territory midway through the session, but failed to sustain momentum and finally ended the day's session in the red.

RTTNews | Pred 3 h 49 min

European Stocks Close Lower On Political Concerns, Tariff Worries

European stocks closed weak on Tuesday, weighed down by political uncertainty in France, and lingering concerns about tariffs and their impact on global economic growth.

RTTNews | Pred 4 h 12 min

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | Pred 7 h 41 min

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | Pred 7 h 52 min

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.

RTTNews | Pred 9 h 11 min

U.S. Durable Goods Orders Tumble Less Than Expected In July

RTTNews | Pred 9 h 16 min

EURUSD	1.16433	GBPUSD	1.34761	AUDUSD	0.64911
USDJPY	147.367	USDCAD	1.38353	USDCHF	0.8029