Sensex, Nifty Set To Fall As Oil Prices Jump After Hamas Attack

RTTNews | 690 ngày trước

(RTTNews) - Indian shares look set to open lower on Monday as stronger-than-expected U.S. jobs data complicated the future path of interest rate rises in the world's biggest economy. The Fed will hold its next policy meeting on Oct. 31-Nov. 1.

A big jump in oil prices may also spook investors after Hamas' surprise attacks on Israel over the weekend.

Both Brent and WTI crude prices were up around 4 percent in Asian trading on concerns that the latest events in Israel could spiral into a more devastating proxy war and lead to oil supply disruptions.

Meanwhile, the week ahead is packed with key macroeconomic data including reports on CPI inflation, WPI inflation and trade balance.

IT bellwether TCS will kickstart the corporate earnings season by announcing its September quarter results on October 11.

Asian markets traded mixed this morning due to ongoing geopolitical tensions in the Middle East. Regional trading volumes remained thin due to holidays in Japan and South Korea.

Trading in Hong Kong has been halted for the morning session after the country raised its typhoon warning to Signal 8 for Typhoon Koinu.

Gold prices rose over 1 percent on safe-haven demand, shrugging off the dollar's strength and the upward spike in Treasury yields.

U.S. stocks rose sharply on Friday after data showed the economy added 336,000 jobs in September compared to estimates for an increase of about 170,000 jobs.

The report also showed notable upward revisions to the July and August job gains, triggering a sharp hike in Treasury yields.

However, yields pulled back well off their highs after wages rose less than expected last month.

The S&P 500 rose 1.2 percent to snap a four-week losing streak, while the Dow gained 0.9 percent and the tech-heavy Nasdaq Composite jumped 1.6 percent.

European stocks closed firmly in positive territory on Friday after suffering a setback around mid-afternoon on concerns about the outlook for U.S. interest rates.

The pan European STOXX 600 advanced 0.8 percent. The German DAX rallied 1.1 percent, France's CAC 40 climbed 0.9 percent and the U.K.'s FTSE 100 added 0.6 percent.

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.

RTTNews | 13 phút trước

Canadian Market Up In Positive Territory; BRP Rises Sharply On Strong Earnings

Despite weak GDP data, the Canadian market is up firmly in positive territory Friday afternoon with stocks from materials and healthcare sectors contributing significantly to the gains.

RTTNews | 2h 26phút trước

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.

RTTNews | 3h 3phút trước

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.

RTTNews | 3h 31phút trước

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

The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.

RTTNews | 6h 16phút trước

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.

RTTNews | 6h 35phút trước

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 | 7h 18phút trước

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

RTTNews | 7h 48phút trước

EURUSD	1.16921	GBPUSD	1.35071	AUDUSD	0.65416
USDJPY	147.012	USDCAD	1.37374	USDCHF	0.80028