Bay Street Seen Opening On Mixed Note

RTTNews | 1133 ngày trước

(RTTNews) - Canadian shares look headed for a mixed start on Tuesday, with investors tracking the trend in European and commodity markets, and looking ahead to Canadian inflation data, due on Wednesday.

In commodities trading, West Texas Intermediate Crude oil futures for August are down $2.50 or 2.45% at $100.10 a barrel.

Gold futures are up $4.00 or 0.23% at $1,714.20 an ounce, while Silver futures are lower by $0.055 or 0.29% at $18.785 an ounce.

Despite coming off the day's high in late afternoon trades, the Canadian market finished on a strong note on Monday, led by strong gains in energy, healthcare, technology and materials sectors.

Sharply higher crude oil prices triggered hectic buying in the energy sectors. Materials shares climbed as bullion prices moved higher. The benchmark S&P/TSX Composite Index ended with a gain of 201.17 points or 1.09% at 18,595.62.

Asian stocks ended lower on Tuesday as investors fretted about the earnings outlook in the face of economic and financial challenges.

A rebound in commodity prices on the back of a weaker dollar and IBM's reduced cash flow forecast served to keep underlying sentiment cautious.

European stocks are turning in a mixed performance after coming off early lows with investors largely making cautious moves, digesting reports of a spending slowdown at tech giant Apple and a mixed earnings update from IBM.

While stronger-than-expected U.K. jobs data heightened fears of more interest-rate hikes, Eurostat data showed that the region's inflation accelerated as estimated in June to set a fresh record high, driven by higher energy and food prices.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 1h 8phút trước

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 1h 29phút trước

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 2h 0phút trước

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2h 40phút trước

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 3h 7phút trước

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3h 10phút trước

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3h 25phút trước

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 3h 27phút trước

EURUSD	1.16303	GBPUSD	1.34572	AUDUSD	0.64785
USDJPY	147.732	USDCAD	1.38564	USDCHF	0.80543