Sensex, Nifty Seen Slightly Higher As Oil Extends Losses

RTTNews | 165 dni temu
Sensex, Nifty Seen Slightly Higher As Oil Extends Losses

(RTTNews) - Indian shares may open on a flat note Tuesday, mirroring mixed cues from global markets, selling by foreign investors and a continued fall in oil prices on concerns about China's economic recovery.

Foreign investors sold shares worth Rs 2,474 crores on a net basis Monday while domestic institutional investors (DII) were net buyers of shares worth Rs 5,666 crore, according to provisional data from NSE.

On the earnings front, ACC, Colgate-Palmolive and HPCL are among the stocks that will react to their earnings released after market hours Monday.

Benchmark indexes Sensex and Nifty ended a choppy session marginally higher on Monday while the rupee weakened by one paisa to close at Rs. 83.73 against the greenback due to month-end dollar demand.

Asian markets traded lower this morning ahead of major central bank decisions, the release of key economic data and earnings from U.S. mega-cap companies.

Geopolitical tensions also remained in focus, with Washington intensifying efforts to avert a full-blown war between Israel and the Iranian-backed Lebanese movement Hezbollah.

The dollar held in a tight range in Asian trade and gold edged lower while Treasuries headed toward a third straight month of gains, the longest run since 2021.

Crude oil prices held near a seven-week low amid China demand concerns, a lack of immediate escalation in tensions between Israel and Hezbollah and ahead of an OPEC+ meeting.

U.S. stocks fluctuated before ending narrowly mixed overnight as investors braced for key tech earnings and the FOMC meeting.

The Dow slipped 0.1 percent while the S&P 500 and the tech-heavy Nasdaq Composite ended flat with a positive bias.

European stocks ended Monday's session broadly lower, failing to hold early gains amid escalating tensions in the Middle East.

The pan European STOXX 600 eased 0.2 percent. The German DAX dipped half a percent and France's CAC 40 shed 1 percent while the U.K.'s FTSE 100 finished marginally higher.

read more
TSX Ends Notably Lower As Stocks Drop On Interest Rate Concerns

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 | 23g 20 minut temu
Dollar Climbs Higher After Buoyant Jobs Data

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 | 23g 50 minut temu
Swiss Market Ends Notably Lower

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 | 1 dni temu
U.S. Dollar Firms As Strong Jobs Data Dampens Rate Cut Hopes

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 | 1 dni temu
Canadian Stocks Tumble As Upbeat Jobs Data Raises Interest Rate Concerns

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 | 1 dni temu
U.S. Consumer Sentiment Edges Lower In January As Inflation Expectations Surge

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 | 1 dni temu