European Shares To Open Mostly Lower On Rate Worries, Gaza Ceasefire Uncertainty

RTTNews | Pred 195 dňami

(RTTNews) - European stocks are seen opening broadly lower on Wednesday as investors assess the Federal Reserve's interest rate stance and keep a wary eye on the ongoing conflict in the Middle East.

The U.S. dollar held firm as traders repriced their expectations for interest rate cuts.

Minneapolis Federal Reserve President Neel Kashkari said Tuesday that rates will likely stay high for an "extending period" and that he would support a hike if inflation stalls near 3 percent.

Investors also wait for further news on events surrounding the Gaza conflict. Israeli troops seized control of Gaza's vital Rafah border crossing on Tuesday as captive-exchange talks continue.

The United States has played down the deadly Israeli assault on Rafah and expressed hope that a ceasefire deal with Hamas was within reach.

Asian stocks slipped into the red, with Japanese markets leading regional losses following the previous session's sharp rise.

Gold edged up slightly while oil extended declines from the previous session as industry data pointed to rising U.S. stockpiles.

In economic releases, Destatis is scheduled to issue Germany's industrial production data for March later in the day. Output is expected to fall 0.6 percent on month, in contrast to the 2.1 percent rise in February.

Overnight, U.S. stocks gave up early gains to end on a flat note as investors awaited more clarity on when the Federal Reserve may start cutting interest rates.

The Dow finished marginally higher to extend gains for the fifth consecutive session and reach a one-month high.

The S&P 500 inched up 0.1 percent to close higher for a fourth straight session while the tech-heavy Nasdaq Composite slipped 0.1 percent.

European stocks rose for a third straight session Tuesday on the back on encouraging bank earnings and solid economic data.

The pan European STOXX 600 jumped 1.1 percent. The German DAX rallied 1.4 percent, France's CAC 40 added 1 percent and the U.K.'s FTSE 100 climbed 1.2 percent.

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the Asian session on Tuesday.

RTTNews | Pred 5 h 20 min

European Markets Seen Opening On A Firm Note

European markets are expected to open on Tuesday on a positive note even as markets focus on the health of the corporate sector and the potential monetary policy trajectory.

RTTNews | Pred 5 h 22 min

Sensex, Nifty Move Higher As Stocks Rise On Bargain Hunting

Indian shares are up firmly in positive territory Tuesday morning with traders indulging in some bargain hunting at several counters following recent steep losses. Positive lead from global markets contribute to the buying interest on the Indian bourses.

RTTNews | Pred 5 h 31 min

European Economic News Preview: Eurozone Inflation, Current Account Data Due

Final inflation and current account data from the euro area and the treasury select committee hearing on the monetary policy report from the UK are the top events due on Tuesday. At 2.00 am ET, foreign trade data is due from Switzerland. The trade surplus is forecast to narrow to CHF 4.25 billion in October from CHF 4.95 billion in September.

RTTNews | Pred 5 h 42 min

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, as traders picked up some stocks at a bargain after the recent weakness in the markets amid concerns about the outlook for interest rates. Strong gains in mining and energy stocks also boosted the markets amid climbing commodity prices. Asian markets closed mixed on Monday.

RTTNews | Pred 7 h 55 min

Indian Shares Seen Opening Slightly Higher

Indian shares may open higher Tuesday morning, tracking cues from Wall Street where stocks saw some upside overnight thanks to bargain hunting following the steep drop seen last week. Slightly higher Gift Nifty futures also point to a positive start for the Indian market.

RTTNews | Pred 8 h 31 min

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Tuesday, reversing the losses in the previous session, with the Nikkei 225 moving above the 38,400 level, following the mixed cues from Wall Street overnight, with gains across most sectors led by automakers, exporters and financial stocks.

RTTNews | Pred 8 h 57 min

Higher Open Anticipated For Thai Stock Market

The Thai stock market on Monday ended the two-day losing streak in which it had slumped almost 10 points or 0.8 percent. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and it's got a positive lead again for Tuesday's trade. The global forecast for the Asian markets is cautiously optimistic, with technology and oil stocks expected to lead the way higher. The European and U.S. markets were mostly higher and the Asian bourses are also likely to open to the upside.

RTTNews | Pred 9 h 29 min

EURUSD	1.05895	GBPUSD	1.26748	AUDUSD	0.65136
USDJPY	154.536	USDCAD	1.4018	USDCHF	0.88385