Sensex, Nifty Seen Tad Higher At Open

RTTNews | Pred 308 dňami

(RTTNews) - Indian shares may open a tad higher on Friday, tracking firm cues from global markets. That said, volatility cannot be ruled out due to concerns about Trump policies and caution ahead of earnings results from prominent companies, including SBI, LIC and Tata Motors.

Benchmark indexes Sensex and Nifty fell over 1 percent each on Thursday due to sustained foreign fund outflows. The rupee declined 6 paise to close at a fresh record low 84.37 against the dollar.

Asian stocks traded higher this morning as investors await the details of China's economic stimulus plan.

The dollar steadied after a volatile week, while Treasuries ticked lower after rallying in the U.S. trading session.

Gold dipped below $2,700 per ounce after climbing more than 1 percent in the previous session as Fed Chair Jerome Powell said the central bank will evaluate data to adjust the "pace and destination" of rates.

Oil prices dipped slightly but were on track for a weekly gain.

U.S. stocks closed higher overnight while Treasury yields fell alongside the dollar after the Fed delivered a 25-basis point interest-rate cut and signaled no intention to skip cutting rates.

Fed Chair Jerome Powell stressed during his post-meeting press conference that rates are not on "any preset course" and that the central bank will make future decisions "meeting by meeting" to deal with the risks to both sides of the dual mandate.

Investors also prepared for a "Trump 2.0 era" and "America First" economic stance, but there were some concerns about the effect planned tariff increases will have on inflation and interest rates.

The tech-heavy Nasdaq Composite surged 1.5 percent, and the S&P 500 added 0.7 percent to score the second record finish in a row while the Dow finished marginally lower.

European stocks regained ground on Thursday, boosted by technology and resource stocks after the Bank of England cut interest rates as expected but cautioned future reductions were likely to be gradual.

The pan European STOXX 600 gained 0.6 percent. The German DAX rallied 1.7 percent and France's CAC 40 climbed 0.8 percent while the U.K.'s FTSE 100 dropped 0.3 percent.

U.S. Consumer Sentiment Deteriorates Much More Than Expected In September

Preliminary data released by the University of Michigan on Friday showed consumer sentiment in the U.S. has deteriorated by much more than anticipated in the month of September. The University of Michigan said its consumer sentiment index fell to 55.4 in September from 58.2 in August. Economists had expected the index to edge down to 58.0.

RTTNews | Pred 53 minútami

UK Economy Flatlines In July

The UK economy stagnated in July, posing further challenges to Chancellor Rachel Reeves as any tax hikes or spending cuts would again dampens activity. Real gross domestic product showed no growth in July, as expected, after rising 0.4 percent in June, the Office for National Statistics reported Friday.

RTTNews | Pred 2 h 26 min

Bay Street Likely To Open On Mixed Note

Canadian shares may open on a mixed note Friday morning as investors are likely to take some profits after recent gains. Firm gold and oil prices may push up resources stocks.

RTTNews | Pred 3 h 6 min

Russia Central Bank Cuts Rate By 100 Bps

Russia's central bank slashed its benchmark interest rate for the third time this year as higher lending rates weigh on business activity and damp economic recovery. The Board of Directors of Bank of Russia, governed by Elvira Nabiullina, decided to cut the key interest rate by 100 basis points to 17.00 percent from 18.00 percent.

RTTNews | Pred 3 h 19 min

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the European session on Friday.

RTTNews | Pred 3 h 38 min

FTSE 100 Modestly Higher As Miners Rise

The UK market is up in positive territory a little past noon on Friday, supported by solid gains in the mining sector thanks to higher metal prices. Investors are also digesting the data showing the UK economy stagnated in July as expansions in services and construction sectors were offset by the decline in industrial production.

RTTNews | Pred 4 h 19 min

CAC 40 Down Nearly 0.5%

French stocks are exhibiting weakness on Friday with investors largely cautious ahead of Fitch Ratings' review of France's sovereign credit rating. Expectations of a rate cut by the Federal Reserve next week appear to be limiting market's downside.

RTTNews | Pred 4 h 37 min

DAX Modestly Lower In Cautious Trade; Auto Stocks Among Major Losers

German stocks are down in negative territory on Friday in cautious trade amid concerns about a possible downgrade of France's sovereign rating. Optimism about an interest rate cut by the Federal Reserve next week helps limit market's downside.

RTTNews | Pred 4 h 53 min

EURUSD	1.17189	GBPUSD	1.35521	AUDUSD	0.6635
USDJPY	147.813	USDCAD	1.38587	USDCHF	0.79704