Sensex, Nifty Set For A Muted Start As Tariff Worries Mount

RTTNews | Pred 161 dňami

(RTTNews) - Indian shares may open on a flat note Tuesday after suffering heavy losses in the previous session.

Weak sentiment may prevail due to tariff concerns and ahead of results from tech heavyweight Nvidia and the Federal Reserve's preferred inflation data.

Benchmark indexes Sensex and Nifty fell over 1 percent each on Monday, with IT stocks pacing the decliners.

The rupee ended little changed, in contrast to the gains in its regional peers boosted by a drop in the dollar and U.S. Treasury yields.

Foreign institutional investors (FIIs) net sold shares worth Rs 6,286.70 crore on Monday, while domestic institutional investors (DIIs) net bought shares worth Rs 5,185.65 crore, as per provisional data.

Asian markets were deep in the red this morning, with benchmark indexes in New Zealand, Japan and Hong Kong falling 1-2 percent.

The dollar clawed back losses on renewed tariff worries. Gold edged down slightly after hitting a record high on Monday, fueled by safe-haven demand amid concerns over Trump's tariff plans and inflows into the world's largest gold-backed ETF.

Oil extended overnight gains, bolstered by fresh sanctions by the U.S. Treasury on Iran and Iraq's pledge to compensate for its overproduction.

U.S. stocks fluctuated before ending mixed overnight. The S&P 500 dropped half a percent and the tech-heavy Nasdaq Composite fell 1.2 percent as big-name technology stocks declined amid apprehensions over the artificial intelligence-driven narratives.

Heightened tensions over trade also kept investors on edge as President Trump said that tariffs he unveiled on Canada and Mexico will proceed as planned once the monthlong delay ends next week.

Trump also stated at a White conference that the U.S. has been 'taken advantage of' by other nations and he would impose reciprocal tariffs to 'make up a lot of territory.' The narrower Dow ended flat with a positive bias.

European stocks ended mixed on Monday as the conservative alliance in Germany secured victory in the national election and data showed Eurozone inflation surged to a six-month high of 2.5 percent in January and remained above the ECB's medium-term target of 2 percent for the third consecutive month.

The pan European STOXX 600 finished marginally lower. The German DAX rose 0.6 percent, while France's CAC 40 shed 0.8 percent and the U.K.'s FTSE 100 closed little changed with a negative bias.

TSX Up More Than 2% On All-round Buying As Investors Bet On Fed Rate Cut Hopes

The Canadian market is up sharply on Tuesday with traders picking up stocks across the board, betting on hopes of an interest rate cut by the Federal Reserve next month.

RTTNews | Pred 2 h 55 min

Swiss Market Ends Modestly Higher

The Switzerland market closed modestly higher on Tuesday after staying positive right through the day's trading session, with investors mostly reacting to the latest quarterly performance of big name companies.

RTTNews | Pred 3 h 28 min

European Stocks Close Broadly Higher

European markets closed mostly higher on Tuesday, although gains in most of the markets were just marginal or modest, as investors stayed somewhat cautious, reacting to a mixed batch of economic data, and assessing the impact of steep U.S. tariffs on the global economy.

RTTNews | Pred 3 h 48 min

U.S. Service Sector Growth Unexpectedly Slows In July

A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.

RTTNews | Pred 6 h 26 min

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.

RTTNews | Pred 7 h 12 min

U.S. Trade Deficit Narrows Slightly More Than Expected In June

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday.

RTTNews | Pred 8 h 16 min

Eurozone Private Sector Continues To Expand

Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.

RTTNews | Pred 8 h 19 min

Bay Street May Open Slightly Higher

Canadian stocks may open on a positive note Tuesday morning amid expectations of a rate cut by the Federal Reserve next month. The focus will be on trade talks between Canad and Mexico.

RTTNews | Pred 8 h 30 min

EURUSD	1.15758	GBPUSD	1.32985	AUDUSD	0.64722
USDJPY	147.555	USDCAD	1.37723	USDCHF	0.80739

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Sensex, Nifty Set For A Muted Start As Tariff Worries Mount