Sensex, Nifty Set For Muted Start

RTTNews | 71天前

(RTTNews) - Indian shares look set to open largely unchanged on Thursday as investors look ahead to the Reserve Bank of India's (RBI) monetary policy decision on June 6, with the central bank widely expected to cut interest rates by 25 basis points for the third consecutive time.

Escalating geopolitical tensions may keep investors on edge after U.S. President Donald Trump announced on Truth Social that Russia will respond to Ukraine's recent attacks.

Benchmark indexes Sensex and Nifty eked out modest gains on Wednesday after three straight sessions of losses due to heightened trade and geopolitical tensions.

Asian markets were mostly higher this morning, the dollar softened and gold was little changed above $3,370 per ounce.

Oil held steady after falling in the previous session following a build in U.S. gasoline and diesel inventories, and amid signs Saudi Arabia is seeking another big production increase at next month's OPEC meeting.

U.S. stocks fluctuated before ending mixed overnight while Treasury yields dipped as disappointing economic data raised concerns about the economic outlook but reinforced speculation that the Federal Reserve will cut interest rates at least twice this year.

Private sector jobs increased by just 37,000 in May — the slowest pace in more than two years, payroll processor ADP said.

"ADP NUMBER OUT!!! 'Too Late' Powell must now LOWER THE RATE. He is unbelievable!!!," Trump said in a post on Truth Social.

Another report showed the U.S. services sector contracted for the first time in nearly a year in May and businesses paid higher prices for inputs, raising fresh stagflation concerns.

The Dow slid 0.2 percent to snap a four-day losing streak, while the S&P 500 finished marginally higher and the tech-heavy Nasdaq Composite gained 0.3 percent.

European stocks closed higher on Wednesday after EU trade chief said talks with the U.S. were advancing in the right direction.

The pan European STOXX 600 advanced half a percent. The German DAX climbed 0.8 percent, France's CAC 40 rose half a percent and the U.K.'s FTSE 100 added 0.2 percent.

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 | 1小时49分钟前

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 | 2小时18分钟前

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 | 2小时36分钟前

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 | 4小时14分钟前

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 | 4小时32分钟前

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 | 5小时0分钟前

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 | 5小时25分钟前

U.S. Consumer Sentiment Index Unexpectedly Decreases 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.

RTTNews | 5小时51分钟前

EURUSD	1.17009	GBPUSD	1.35554	AUDUSD	0.6508
USDJPY	147.242	USDCAD	1.38142	USDCHF	0.80658