Sensex, Nifty Seen Opening Up As Global Bond Yields Dip

RTTNews | 681 ngày trước

(RTTNews) - Indian shares look set to open higher on Thursday as signs of a weakening U.S. labor market and an overnight plunge in oil prices helped ease concerns around inflation and interest-rate hikes.

Crude oil prices were seeing modest gains in Asian trading after declining more than $5 a barrel overnight on demand destruction worries.

Nonetheless, the upside may remain limited and profit taking at higher levels is not ruled out ahead of the more-closely watched U.S nonfarm payrolls report, due on Friday.

Investors also seek direction from domestic corporate earnings and the RBI's MPC decision on interest rates due Friday.

Shares of aviation, real estate, paint manufacturing and state-run oil marketing companies may rise today on falling oil prices while oil explorers such as ONGC and Oil India may suffer heavy losses.

Benchmark indexes Sensex and Nifty dropped around half a percent each on Wednesday, tracking weak global markets. The rupee ended down 3 paise at 83.24 against the dollar.

Asian markets were seeing modest gains this morning and the dollar extended losses for a second day running while gold edged up slightly.

U.S. stocks rebounded from four-month lows overnight and bond yields pulled back from 16-year highs after data showed private-sector employers added 89,000 jobs in September, the fewest since January 2021 - helping calm some fears over high interest rates.

A separate report revealed activity in the U.S. services sector slowed in September.

The Dow added 0.4 percent to snap a three-day losing streak, while the tech-heavy Nasdaq Composite rallied 1.4 percent and the S&P 500 climbed 0.8 percent.

European stocks ended a choppy session mixed on Wednesday as investors assessed a deluge of regional data.

The pan-European STOXX 600 slipped 0.1 percent. The German DAX finished marginally higher, while France's CAC 40 ended flat with a negative bias and the U.K.'s FTSE 100 dropped 0.8 percent.

Euro Higher Against Majors

The euro appreciated against its major counterparts in the New York session on Friday.

RTTNews | 9h 9phút trước

TSX Down Marginally In Lackluster Trade

Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in Ukraine.

RTTNews | 11h 59phút trước

Swiss Market Ends On Firm Note

The Switzerland market ended on a firm note on Friday with stocks from across several sectors gaining ground on sustained buying support. The mood remained positive right through the day's session, amid some expectations about an end to the Ukraine war.

RTTNews | 12h 27phút trước

European Stocks Close Mixed After Cautious Session

European stocks closed on a mixed note on Friday with investors largely staying cautious, awaiting the meeting of the Presidents of the U.S. and Russia, and continuing to assess Trump administration's tariff moves and their impact on global economic growth.

RTTNews | 12h 46phút trước

U.S. Business Inventories Rise In Line With Estimates In June

A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.

RTTNews | 14h 23phút trước

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.

RTTNews | 14h 41phút trước

U.S. Industrial Production Pulls Back Slightly In July

A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.

RTTNews | 15h 10phút trước

New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.

RTTNews | 15h 35phút trước

EURUSD	1.1698	GBPUSD	1.3551	AUDUSD	0.6504
USDJPY	147.18	USDCAD	1.38173	USDCHF	0.8063