Sensex, Nifty Seen Flat To Slightly Lower At Open

RTTNews | 1004 gün önce

(RTTNews) - Indian shares look set to open flat to slightly lower on Tuesday after U.S. stocks ended sharply lower overnight.

Benchmark indexes Sensex and Nifty recovered from an early slide to finish up around 0.3 percent each on Monday, while the rupee rose by 5 paise to close at 81.66 against the dollar despite a downward revision in India's growth forecast by S&P Global Ratings.

Asian markets traded mostly higher this morning, with Chinese and Hong Kong stocks leading regional gains after China's securities regulator lifted a ban on equity refinancing for listed property firms.

The dollar rebounded while Treasuries were little changed after St. Louis Fed President James Bullard said the U.S. central bank needs to keep its benchmark policy rate north of 5 percent for most of 2023 and into 2024 to succeed in taming inflation.

He also said that financial markets are still underestimating the degree to which the Fed will need to keep policy tight.

Oil traded flat while gold struggled for momentum as investors looked ahead to Fed chief Jerome Powell's speech Wednesday.

U.S. stocks fell sharply overnight on concerns that widespread protests in Beijing against severe pandemic restrictions could exacerbate global supply chain interruptions.

The Dow and the S&P 500 both tumbled around 1.5 percent while the tech-heavy Nasdaq Composite gave up 1.6 percent.

European stocks fell from three-month highs on Monday, as China logged record-high COVID-19 infections and ECB President Christine Lagarde said that Euro zone inflation has not peaked and it risks turning out even higher than currently expected.

The pan European STOXX 600 slipped 0.7 percent. The German DAX lost 1.1 percent, France's CAC 40 index shed 0.7 percent and the U.K.'s FTSE 100 eased 0.2 percent.

German Inflation Accelerates To 2.2% In August

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RTTNews | 4s 32 dakika önce

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

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Chicago Business Barometer Slumps Much More Than Expected In August

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RTTNews | 7s 35 dakika önce

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 | 8s 18 dakika önce

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

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EURUSD	1.1684	GBPUSD	1.34987	AUDUSD	0.6538
USDJPY	147.04	USDCAD	1.3741	USDCHF	0.80047