Bay Street Likely To See Positive Open

RTTNews | 806 dagar sedan
Bay Street Likely To See Positive Open

(RTTNews) - Canadian shares look headed for positive start Monday morning, tracking firm crude oil and bullion prices.

Concerns rising interest rates and economic slowdown, and tensions in Russia may weigh on sentiment and limit market's upside.

Preliminary data on Canadian manufacturing and wholesale sales for the month of May is due at 8:30 AM ET.

The Canadian market ended lower on Friday, extending losses to a sixth straight session, amid rising concerns interest rate hikes will hurt growth and weigh on corporate earnings as well.

The benchmark S&P/TSX Composite Index ended with a loss of 162.67 points or 0.83% at 19,418.23, a three-month low.

Asian stocks ended lower on Monday, weighed down by interest-rate worries and geopolitical tensions. Concerns about weak economic recovery in China hurt as well.

European stocks are turning in a mixed performance in cautious trade with a short-lived mutiny in Russia by the Wagner paramilitary group reviving concerns over nuclear arsenal security.

Meanwhile, German business sentiment pointed to the likelihood of a longer recession, further weighing on sentiment.

In commodities, West Texas Intermediate Crude oil futures are up $0.45 or 0.65% at $69.61 a barrel.

Gold futures are up $12.40 or 0.64% at $1,942.00 an ounce, while Silver futures are gaining $0.506 or 2.26% at $22.860 an ounce.

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Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian market is extending its early gains in mid-market moves on Wednesday after opening in the red, reversing some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 8,800 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 33 minuter sedan
Indian Shares Likely To Open Higher

Indian Shares Likely To Open Higher

Indian shares look headed for a positive start on Wednesday, tracking global cues. Activity is likely to turn stock specific with investors reacting to corporate news. Automobile stocks may find support with several companies deciding to pass on the benefit of recent GST reduction to customers.
RTTNews | 41 minuter sedan
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid growing optimism about the outlook for interest rates after sharp downward revisions in US jobs data and ahead of the release of the closely watched US inflation data later in the week. Currencies in the region also strengthened against the US dollar.
RTTNews | 51 minuter sedan
Higher Open Called For Thai Stock Market

Higher Open Called For Thai Stock Market

The Thai stock market has moved higher in three straight sessions, adding almost 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,275-point plateau and it's tipped to open in the green again on Wednesday.
RTTNews | 2h 2minuter sedan
Indonesia Bourse May End Losing Streak On Wednesday

Indonesia Bourse May End Losing Streak On Wednesday

The Indonesia stock market has moved lower in three straight sessions, sinking almost 260 points or 3.6 percent in that span. The Jakarta Composite Index now rests just beneath the 7,630-point plateau although it's due for support on Wednesday.
RTTNews | 2h 32minuter sedan
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Wednesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 43,650 level, with gains in technology stocks partially offset by weakness in automakers, exporters and financial stocks.
RTTNews | 2h 35minuter sedan
Hang Seng May Extend Winning Streak

Hang Seng May Extend Winning Streak

The Hong Kong stock market has moved higher in three straight sessions, climbing more than 975 points or 3.9 percent along the way. The Hang Seng Index now sits just beneath the 25,940-point plateau and it may see additional strength on Wednesday.
RTTNews | 2h 47minuter sedan
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday after opening in the red, reversing some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying just above the 8,800 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 3h 1minuter sedan