Sensex, Nifty Seen Opening Flat To Lower On Weak Asian Cues

RTTNews | Pred 1033 dňami

(RTTNews) - Indian shares look set to open on a cautious note Friday, tracking sluggish cues from other Asian markets as the International Monetary Fund (IMF) cut Asia's economic forecasts, saying China's economic slowdown will weigh on the region's growth.

Investors were also reacting to mixed earnings updates from Apple, Amazon and Intel released after the U.S. market close.

Closer home, the Reserve Bank of India said it would hold a special meeting of its rate-setting committee on 3 November to prepare a report for the government on why it failed to keep retail inflation below the target of 6 percent for three consecutive quarters since January.

Benchmark indexes Sensex and the Nifty ended a choppy session up around half a percent each on Thursday while the rupee rose by 34 paise to close at 82.47 against the greenback.

The dollar climbed, making greenback-priced commodities more expensive for holders of other currencies.

Gold held steady and headed for a second week of gains. Oil prices fell in Asian trade but headed for a weekly gain on supply concerns.

U.S. stocks ended mixed overnight and bond yields dipped, as GDP figures surprised to the upside but also offered some evidence of a healthy slowdown that could have a positive impact on fighting inflation.

The Dow rose 0.6 percent to extend gains for the fifth straight session and reach its highest closing level in well over a month, while the tech-heavy Nasdaq Composite fell 1.6 percent after Meta's quarterly miss and the S&P 500 shed 0.6 percent.

Data showed the U.S. economy grew 2.6 percent in the third quarter following two straight quarters of contractions.

European stocks recouped losses to end mixed on Thursday after the European Central Bank raised interest rates by 75 basis points, as widely expected, and hinted at a slower pace of future increases amid mounting concerns about economic growth.

The pan European STOXX 600 ended flat with a negative bias. The German DAX inched up 0.1 percent and the U.K.'s FTSE 100 added 0.3 percent while France's CAC 40 index dropped half a percent.

Japan Stock Market May Spin Its Wheels On Tuesday

The Japan stock market has moved higher in back-to-back sessions, gathering almost 200 points or 0.5 percent along the way. The Nikkei 225 now rests just above the 42,800-point plateau although it may be stuck in neutral on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water. The Nikkei finished modestly higher on Monday following gains from the financial shares, weakness from the technology stocks and a mixed picture from the automobile companies. For the day, the index advanced 174.53 points or 0.41 percent to finish at 42,807.82 after trading between 42,681.37 and 43,201.42. Among the actives, Nissan Motor accelerated 3.15 percent, while Mazda Motor shed 0.55 percent, Toyota Motor eased 0.10 percent, Honda Motor climbed 1.01 percent, Softbank Group soared 3.53 percent, Mitsubishi UFJ Financial dipped 0.11 percent, Mizuho Financial collected 0.79 percent, Sumitomo Mitsui Financial added 0.41 percent, Mitsubishi Electric rose 0.35 percent, Sony Group slumped 1.11 percent, Panasonic Holdings lost 0.49 percent and Hitachi fell 0.24 percent.

RTTNews | Pred 19 minútami

KOSPI May Run Out Of Steam On Tuesday

The South Korea stock market has tracked higher in three straight sessions, collecting almost 80 points or 2.6 percent along the way. The KOSPI now sits just shy of the 3,210-point plateau although it's due for consolidation on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | Pred 35 minútami

RBA Minutes On Tap For Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its August 12 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.

RTTNews | Pred 1 h 35 min

U.S. Dollar Climbs Against Majors

The U.S. dollar strengthened against its major counterparts in the New York session on Monday.

RTTNews | Pred 2 h 47 min

Swiss Market Ends Moderately Lower

After a weak start and a subsequent long spell in negative territory, the Switzerland market briefly moved slightly above the flat line in late afternoon trades on Monday, but quickly tumbled again to eventually settle on a weak note.

RTTNews | Pred 5 h 33 min

European Markets Close Weak After Cautious Session

European stocks closed on a weak note on Monday after a cautious session as investors awaited key inflation data from major economies in the region, and looked for more details about U.S. - EU trade deal.

RTTNews | Pred 5 h 53 min

Canadian Market Down More Than 0.5% On Profit Taking

After opening slightly down, the Canadian market slipped deeper into the red on Monday, weighed down by losses in healthcare, consumer staples, utilities and materials sectors.

RTTNews | Pred 6 h 33 min

U.S. New Home Sales Pull Back From Upwardly Revised Level In July

New home sales in the U.S. decreased from an upwardly revised level in the month of July, according to a report released by the Commerce Department on Monday. The Commerce Department said new home sales fell by 0.6 percent to an annual rate of 652,000 in July after surging by 4.1 percent to an upwardly revised rate of 656,000 in June.

RTTNews | Pred 8 h 17 min

EURUSD	1.16166	GBPUSD	1.34527	AUDUSD	0.64815
USDJPY	147.828	USDCAD	1.3859	USDCHF	0.80617