Japanese Market Slightly Lower

RTTNews | Před 859 dny

(RTTNews) - The Japanese stock market is slightly lower on Tuesday after been in the green most of the morning session, extending the losses in the previous four sessions, with the Nikkei 225 falling below the 27,600 level, following the mostly negative cues from European markets overnight, as traders remain concerned over the outlook for interest rates and rising inflation.

The benchmark Nikkei 225 Index is down 20.91 points or 0.08 percent at 27,598.70, after hitting a low of 27,557.99 and a high of 27,813.78 earlier. Japanese shares ended slightly lower on Monday.

Market heavyweight SoftBank Group is edging up 0.4 percent and Uniqlo operator Fast Retailing is edging up 0.5 percent. Among automakers, Honda is edging up 0.1 percent and Toyota is gaining almost 1 percent.

In the tech space, Advantest and Tokyo Electron are gaining almost 1 percent each, while Screen Holdings is adding almost 2 percent. In the banking sector, Mitsubishi UFJ Financial, Sumitomo Mitsui Financial and Mizuho Financial are edging up 0.3 to 0.4 percent each.

The major exporters are higher, with Sony edging down 0.2 percent, while Panasonic is edging up 0.4 percent. Mitsubishi Electric and Canon are flat. Among the other major losers, Tokyo Electric Power is losing more than 3 percent.

Conversely, Unitika is soaring more than 10 percent, Toho Zinc is gaining almost 5 percent and Takara Holdings is adding almost 3 percent.

In the currency market, the U.S. dollar is trading in the lower 140 yen-range on Tuesday.

On Wall Street, the markets were off on Monday for the Labor Day holiday and will return to action on Tuesday.

The major European markets moved mostly to the downside on the day. While the Germany's DAX tumbled 2.22 percent and France's CAC 40 shed 1.2 percent, the U.K.'s FTSE 100 edged up 0.09 percent. Crude oil prices moved sharply higher on Monday ahead of a meeting of OPEC+ producers later in the day to decide on output cuts to support prices. West Texas Intermediate Crude oil futures for October delivery surged 2.6 percent to $89.10 a barrel.

TSX Ends Notably Lower As Stocks Drop On Interest Rate Concerns

The Canadian market closed notably lower on Friday, hurt by rising bond yields, and fading optimism about interest rate cuts by the Federal Reserve after data showed stronger-than-expected growth in U.S. non-farm payroll employment. Canadian employment data too came in stronger than expected, reducing prospects of any significant monetary easing by the Bank of Canada.

RTTNews | Před 1 dnem

Dollar Climbs Higher After Buoyant Jobs Data

The U.S. dollar firmed against its major counterparts on Friday amid fading hopes of further reductions in interest rates after data from the Labor Department showed stronger-than-expected growth in non-farm payroll employment in the month of December.

RTTNews | Před 1 dnem

U.S. Stocks Close Sharply Lower As Strong Jobs Data Raises Interest Rate Concerns

U.S. stocks tumbled on Friday due to heavy selling across the board as buoyant non-farm payroll data raised concerns that the Federal Reserve will likely hold interest rates at current levels or slow down the pace of reductions. Rising bond yields hurt as well.

RTTNews | Před 1 dnem

Swiss Market Ends Notably Lower

The Switzerland market settled notably lower on Friday, in line with markets across Europe, as upbeat U.S. jobs data raised concerns that the Federal Reserve will likely hold interest rates unchanged from current levels, or go slow on interest rate cuts this year. Data showing an increase in Swiss unemployment weighed as well.

RTTNews | Před 1 dnem

U.S. Dollar Firms As Strong Jobs Data Dampens Rate Cut Hopes

The U.S. dollar climbed against its most major counterparts in the New York session on Friday, as stronger-than-expected jobs data for December strengthened expectations that the Federal Reserve will hold rates steady for sometime.

RTTNews | Před 1 dnem

European Stocks Close Lower As Strong U.S. Jobs Data Fuels Interest Rate Concerns

European stocks closed lower on Friday after stronger-than-expected U.S. jobs data raised concerns that the Federal Reserve will hold interest rates at current levels for longer. Higher Euro zone bond yields, and potential tariff hikes by the U.S. weighed as well on investor sentiment.

RTTNews | Před 1 dnem

Canadian Stocks Tumble As Upbeat Jobs Data Raises Interest Rate Concerns

Canadian stocks are down sharply on Friday with stronger-than-expected U.S. jobs data raising concerns that the Federal Reserve will likely hold interest rates unchanged from current levels for sometime. Also, a buoyant Canadian employment reports has dimmed the prospects for further easing by the Canadian central bank for now.

RTTNews | Před 1 dnem

U.S. Consumer Sentiment Edges Lower In January As Inflation Expectations Surge

Consumer sentiment in the U.S. has unexpectedly seen a modest deterioration in the month of January, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index edged down to 73.2 in January from 74.0 in December. Economists had expected the index to inch up to 74.5.

RTTNews | Před 1 dnem

EURUSD	1.02441	GBPUSD	1.22097	AUDUSD	0.61461
USDJPY	157.737	USDCAD	1.44282	USDCHF	0.91664