Sensex, Nifty Seen Higher At Open As Dollar And Yields Ease

RTTNews | Pred 543 dňami

(RTTNews) - Indian shares look set to open higher on Monday as weak U.S. economic data released on Friday added to optimism about the Federal Reserve eventually cutting interest rates.

The upside, however, may remain limited as oil extended gains after climbing over 2 percent to a four-month high on Friday amid rising tensions in the Red Sea and Middle East as well as OPEC's decision to extend output cuts.

Israel boycotted Gaza ceasefire talks in Cairo after Hamas rejected its demand for a complete list naming hostages that are still alive.

PMI data for the services sector, rupee movement and the pattern of FII flows may sway market sentiment as the week progresses. Stock exchanges BSE and NSE will remain closed on Friday for Mahashivratri.

Globally, a testimony by the Fed Chair Jerome Powell and U.S. jobs data will be in focus this week.

The 30-share BSE Sensex surged 0.9 percent and the broader NSE Nifty gained 0.7 percent last week, buoyed by impressive GDP data.

Asian stocks traded mixed this morning, with Chinese and Hong Kong markets declining as China's annual legislative session kicked off.

Japan's Nikkei 225 average surpassed 40,000 for the first time after reports the government is considering declaring an end to deflation.

The dollar index eased and gold eyed record highs while oil steadied near the highest level this year.

U.S. stocks closed higher on Friday as Dell reported strong Q4 earnings and weak manufacturing and consumer sentiment data sent 2-, 10- and 30-year Treasury yields to around three-week lows.

The tech-heavy Nasdaq Composite and the S&P 500 jumped 1.1 percent and 0.8 percent, respectively to reach new record closing highs while the Dow edged up 0.2 percent.

European stocks ended Friday's session broadly higher as data showed Eurozone inflation softened for the second straight month in February.

The pan European STOXX 600 gained 0.6 percent. The German DAX rose 0.3 percent, France's CAC 40 inched up marginally and the U.K.'s FTSE 100 added 0.7 percent.

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.

RTTNews | Pred 20 minútami

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.

RTTNews | Pred 48 minútami

U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August

The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.

RTTNews | Pred 3 h 33 min

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.

RTTNews | Pred 3 h 52 min

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

RTTNews | Pred 4 h 35 min

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1

RTTNews | Pred 5 h 5 min

U.S. PCE Price Index Increased In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.

RTTNews | Pred 5 h 17 min

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.

RTTNews | Pred 5 h 33 min

EURUSD	1.16968	GBPUSD	1.35032	AUDUSD	0.65436
USDJPY	146.979	USDCAD	1.37342	USDCHF	0.79973