Sensex, Nifty May Struggle For Direction On Mixed Global Cues

RTTNews | 793 วันที่ผ่านมา

(RTTNews) - Indian shares may struggle for direction on Wednesday, as investors await Fed Chair Jerome Powell's speech at a Brookings Institution event later today for additional clues about his thinking on inflation and interest-rate hikes. Benchmark indexes Sensex and Nifty rose around 0.3 percent each on Tuesday to extend gains for a sixth straight session, while the rupee closed marginally lower at 81.72 per dollar.

Asian markets were trading mixed this morning as investors weighed the latest developments in China.

China's factory activity data missed expectations and Japan and South Korea reported disappointing industrial production figures, putting growth worries back in focus.

A dollar gauge declined, Treasuries were little changed, and gold edged up slightly while oil steadied after two days of gains.

U.S. stocks ended mixed overnight as Chinese health officials defended the country's zero-COVID policy at a press briefing but said lockdowns would be lifted "as quickly as possible".

The Dow ended flat with a positive bias while the S&P 500 slipped 0.2 percent and the tech-heavy Nasdaq Composite shed 0.6 percent to end lower for a third day running.

European stocks also ended a choppy session on a mixed note Tuesday despite positive German inflation and Eurozone economic confidence data.

The pan European STOXX 600 slid 0.1 percent. The German DAX eased 0.2 percent, while France's CAC 40 index finished marginally higher and the U.K.'s FTSE 100 rose half a percent.

German Inflation Unexpectedly Eases In January

Consumer price pressures in Germany slowed unexpected at the start of the year amid a sharp slowdown in food inflation, offering some relief for the European Central Bank that lowered interest rates a day earlier and plan to continue easing to boost the single currency economy that came to a standstill in the final three months of 2024.

RTTNews | 5 ชม. 51 นาทีที่ผ่านมา

Swiss Markets Ends Slightly Weak

The Swiss market edged down marginally on Friday with stocks paring gains in late afternoon trade as investors chose to take some profits following a long winning streak. Data showing a stronger than expected jump in the nation's retail sales aided sentiment.

RTTNews | 7 ชม. 1 นาทีที่ผ่านมา

Major European Markets Close Slightly Higher

European stocks saw some profit taking in late afternoon trades on Friday, but the major markets in the region still managed to close slightly up. Investors assessed recent economic data, earnings news, and monetary policy announcements of the Federal Reserve and the European Central Bank.

RTTNews | 7 ชม. 16 นาทีที่ผ่านมา

Canadian Market Down Marginally In Cautious Trade; Tech Stocks Move Higher

The Canadian market is up in positive territory a little past noon on Friday with the benchmark S&P/TSX Composite Index hovering near record high, thanks largely to strong buying in the technology sector after encouraging earnings updates from big name U.S. companies such as Apple Inc. and Meta Platforms.

RTTNews | 8 ชม. 37 นาทีที่ผ่านมา

U.S. Dollar Advances Amid Trump's Tariff Threats

The U.S. dollar firmed against its most major counterparts in the New York session on Friday amid concerns about President Donald Trump's renewed pledge to slap 25 percent tariffs on imports from Canada and Mexico on February 1.

RTTNews | 8 ชม. 46 นาทีที่ผ่านมา

ECB Surveys Show Rising Eurozone Inflation Expectations

Euro area consumers' inflation expectations for the next 12 months increased for a third straight month in December, while professional forecasters revised up the projections for this year and next, separate surveys by the European Central Bank showed on Friday.

RTTNews | 8 ชม. 54 นาทีที่ผ่านมา

Chicago Business Barometer Increases But Still Indicates Contraction

MNI Indicators released a report on Friday showing its reading on Chicago-area business activity increased in the month of January but continued to indicate contraction. The report said the Chicago business barometer rose to 39.5 in January from 36.9 in December, although a reading below 50 still indicates contraction. Economists had expected the index to climb to 40.0.

RTTNews | 10 ชม. 54 นาทีที่ผ่านมา

U.S. Consumer Price Growth Matches Estimates In December

The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with economist estimates in the month of December. The report said the personal consumption expenditures (PCE) price index rose by 0.3 percent in December after inching up by 0.1 percent in November. The increase matched expectations.

RTTNews | 11 ชม. 2 นาทีที่ผ่านมา

EURUSD	1.03768	GBPUSD	1.24022	AUDUSD	0.62171
USDJPY	155.088	USDCAD	1.45184	USDCHF	0.91049