Sensex, Nifty Seen Flat Amid Surging Treasury Yields

RTTNews | 924日前

(RTTNews) - Indian shares may open flat to slightly lower on Friday as investors await earnings results from heavyweight Reliance Industries, which is expected to post robust earnings growth for the July- September quarter.

Banks and financials could be in focus following encouraging earnings results from Axis Bank, Canara Bank and Bajaj Finance.

Meanwhile, India's external buffers appear sufficient to cushion risks associated with rapid monetary policy tightening in the U.S. and high global commodity prices, Fitch Ratings said in a report.

Global sentiment remains fragile after the yield on the benchmark ten-year U.S. note reached a fresh 14-year peak on hawkish Fed comments.

Asian markets were seeing modest losses this morning and the dollar extended gains while gold was on track for its second weekly fall.

Oil prices held steady on demand recovery hopes following reports that Beijing is considering reducing the visitor quarantine period from 10 days to seven days.

U.S. stocks ended in the red overnight and benchmark Treasury yields extended their climb after Philadelphia Federal Reserve President Patrick Harker said that rate hikes will continue "for a while."

Another batch of upbeat earnings news from big-name companies like IBM Corp. and AT&T helped to cap the downside to some extent.

The Dow dipped 0.3 percent, the S&P 500 shed 0.8 percent and the tech-heavy Nasdaq Composite declined 0.6 percent.

European stocks reversed early losses on Thursday as British Prime Minister Liz Truss resigned, giving her the shortest tenure in British history.

The pan European Stoxx 600 gained 0.3 percent. The German DAX inched up 0.2 percent, France's CAC 40 index climbed 0.8 percent and the U.K.'s FTSE 100 added 0.3 percent.

Back home, benchmark indexes Sensex and the Nifty finished modestly higher on Thursday, thanks to late session buying at select counters.

Swiss Market Ends On Bright Note

The Switzerland market closed on a strong note on Friday, mirroring the trend in markets across Europe and elsewhere, as worries about trade tensions eased after China stated its willingness to hold talks with the U.S.

RTTNews | 2時41分前

European Stocks Close On Buoyant Note

European stocks closed higher on Friday, with the major markets in the region posting strong gains, amid easing concerns about U.S-China trade relations, and on upbeat U.S. non-farm payroll data.

RTTNews | 3時3分前

Canadian Market Up Firmly In Positive Territory

The Canadian market is up firmly in positive territory a little past noon on Friday, amid easing concerns about U.S.-China trade tensions following China expressing willingness to hold tariff talks with the United States. Data showing a much higher than expected increase in U.S. non-farm payroll growth in the month of April is also aiding sentiment.

RTTNews | 4時0分前

U.S. Factory Orders Spike Slightly Less Than Expected In March

The Commerce Department released a report on Friday showing a sharp increase by new orders for U.S. manufactured goods in the month of March. The report said factory orders spiked by 4.3 percent in March after rising by a downwardly revised 0.5 percent in February.

RTTNews | 5時58分前

U.S. Employment Jumps By 177,000 Jobs In April, Much More Than Expected

Job growth in the U.S. far exceeded economist estimates in the month of April, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 177,000 jobs in April compared to expectations for an increase of about 130,000 jobs.

RTTNews | 6時52分前

Eurozone Inflation Remains Stable At 2.2%

Euro area annual inflation remained stable in April near the European Central Bank's 2 percent target, but the trade tariff uncertainty clouds the outlook. The harmonized index of consumer prices grew 2.2 percent on a yearly basis in April, the same pace of increase as seen in March, flash data from Eurostat showed on Friday. Prices were expected to climb at a slower pace of 2.1 percent.

RTTNews | 7時16分前

Eurozone Manufacturing Activity Shrinks At Slower Pace

Euro area factory activity contracted at a slower pace in April as production grew at the fastest pace in more than three years, final data of the purchasing managers' survey by S&P Global showed Friday. The HCOB manufacturing Purchasing Managers' Index rose to a 32-month high of 49.0 in April from 48.6 in March. The score was also above the flash estimate of 48.7.

RTTNews | 7時28分前

Bay Street May Open Higher

The Canadian market is likely to open on a positive note on Friday, tracking firm European stocks amid easing concerns over U.S.-China trade tensions after Beijing stated its willingness to engage in tariff negotiations with the United States.

RTTNews | 7時30分前

EURUSD	1.13037	GBPUSD	1.32767	AUDUSD	0.64436
USDJPY	144.966	USDCAD	1.38103	USDCHF	0.8268

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Sensex, Nifty Seen Flat Amid Surging Treasury Yields