Bay Street Likely To Open On Mixed Note

RTTNews | 703 ngày trước

(RTTNews) - Canadian shares are likely to see a mixed start Friday morning, tracking slightly higher commodity prices and weak Asian and European markets.

Canadian jobs data is likely to make a significant impact on sentiment.

Canadian jobs data for the month of August is due at 8:30 AM ET. A report on average hourly wages in Canada is also due at 8:30 AM ET.

Employment in Canada decreased by 6,400 jobs in July. Full-time employment in Canada rose by 1,700 jobs in July following a five-month high of a 109,600 increase in June.

The unemployment rate in Canada edged higher to 5.5% in July from 5.4% in the previous month.

The Canadian stock market ended weak on Thursday, weighed down by losses in consumer staples, technology and communications sectors.

Financials, materials and consumer discretionary stocks declined as well, while shares from utilities sector posted strong gains.

The mood remained cautious amid lingering concerns about global economic slowdown and inflation.

The benchmark S&P/TSX Composite Index ended down 94.88 points or 0.47% at 20,132.08, settling lower for the third consecutive day. The index, which dropped to a low of 20,119.40 around mid morning, stayed in negative territory right through the day's session.

Asian stocks fell on Friday amid lingering worries about tighter U.S. Federal Reserve policy and slowing global growth.

The U.S. dollar edged lower in Asian trading but was on track to post its eighth weekly gain. Oil prices were muted but headed for another weekly gain on signs of tight supply.

Chinese shares fell slightly, weighted down by the gloomy trade data released the previous day and escalating Sino-U.S. tensions as Beijing eyed broadening the iPhone ban to state firms and agencies.

Japanese shares tumbled after government data showed Japan's GDP grew less than earlier estimated in the last quarter and wages slumped in July, underscoring the fragile state of the country's economy.

European stocks are weak, extending recent losses amid concerns over increasing Sino-U.S. tensions, slowing global growth and uncertainty over the path of U.S. monetary policy.

In commodities, West Texas Intermediate Crude oil futures are up $0.71 or 0.82% at $87.58 a barrel.

Gold futures are up $4.90 or 0.25% at $1,947.40 an ounce, while Silver futures are up $0.040 or 0.17% at $23.280 an ounce.

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks partially offset by weakness in mining and technology stocks.

RTTNews | 53 phút trước

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, with the Australian and the Japanese markets hitting record all-time highs, as the U.S. and China agreed to extend their tariff truce for another 90 days. Optimism about the US Fed cutting interest rate at its next meeting is also aiding market sentiment.

RTTNews | 1h 32phút trước

Sensex, Nifty Set For Muted Open On Mixed Global Cues

Indian shares are seen opening flat to slightly lower on Tuesday after rising sharply in the previous session as the announcement of a meeting between Russian President Vladimir Putin and U.S. President Donald Trump has fueled expectations of a potential end to sanctions limiting supply of Russian oil to other markets.

RTTNews | 2h 3phút trước

Japanese Market Sharply Higher; Up 2%

The Japanese stock market is trading sharply higher on Tuesday, extending the gains in the previous five sessions, despite the broadly negative cues from Wall Street overnight, with the Nikkei 225 surging over 2 percent near the 42,700 level to record all-time highs, with gains across all sectors led by index heavyweights, technology and financial stocks.

RTTNews | 2h 58phút trước

Indonesia Stock Market May Be Stuck In Neutral On Tuesday

The Indonesia stock market has tracked higher in back-to-back sessions, improving more than 115 points or 15 percent along the way. The Jakarta Composite Index now sits just above the 7,600-point plateau although it's expected to open in the red on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 3h 5phút trước

Renewed Consolidation Likely For Hong Kong Stock Market

The Hong Kong stock market moved higher again on Monday, one session after snapping the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,900-point plateau although it may hand back those gains on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 3h 20phút trước

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday after opening in the red, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks and a mixed performance in mining and technology stocks.

RTTNews | 3h 27phút trước

China Stock Market May Hand Back Monday's Gains

The China stock market bounced higher again on Monday, one session after halting the four-day winning streak in which it had gathered almost 80 points or 2.4 percent. The Shanghai Composite Index now sits just beneath the 3,650-point plateau although it's likely to head south again on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 3h 35phút trước

EURUSD	1.16215	GBPUSD	1.34309	AUDUSD	0.65072
USDJPY	148.404	USDCAD	1.37796	USDCHF	0.81117