European Shares Poised To Open Mixed

RTTNews | 700 hari yang lalu

(RTTNews) - European stocks are likely to open on a mixed note Monday as investors gear up for the highly anticipated U.S. presidential election on Tuesday and the Federal Reserve's interest-rate decision on Thursday.

A flurry of new polls show that Vice President Kamala Harris and former president Donald Trump remain poised for a photo finish in this week's presidential election.

Voters will determine whether the next president enters office with a friendly Congress or a hostile one.

If control of the U.S. House of Representatives and Senate is divided, it would likely mean a maintaining of the status quo.

The U.S. Federal Reserve will announce its interest rate decision on Thursday, followed by Fed. Chair Jerome Powell's press conference.

Markets expect the U.S. central bank to cut interest rates by 25 bps amid economic contradictions, following a supersize 50 basis point move in September.

Asian stocks were seeing modest gains in cautious trading, with Japanese markets closed for a holiday.

The dollar fell sharply from recent highs after Friday's weaker-than-expected nonfarm payrolls data signaled a cooling labor market.

A slew of U.S. economic data, including reports on factory orders, service sector activity and consumer sentiment may garner investor attention as the week progresses. Gold edged up slightly in Asian trade after Iran threatened to use powerful warheads and other weapons against Israel in its next attack in the coming days.

Oil prices were up nearly 2 percent as OPEC+ agreed to delay a planned December oil output increase by one month.

U.S. stocks ended firmly in positive territory on Friday as upbeat earnings news from Amazon and Intel helped investors look past a disappointing jobs report.

Data showed the U.S. economy added just 12,000 jobs in October, marking the weakest level of jobs creation since December 2020 after a downwardly revised 223,000 jobs in September, impacted by hurricanes and labor strikes. The jobless rate held at 4.1 percent, in line with estimates.

The tech-heavy Nasdaq Composite jumped 0.8 percent, the Dow gained 0.7 percent and the S&P 500 added 0.4 percent.

European stocks closed higher on Friday after some fairly strong corporate earnings announcements.

The pan European STOXX 600 rallied 1.1 percent. The German DAX climbed 0.9 percent while France's CAC 40 and the U.K.'s FTSE 100 both surged around 0.8 percent.

baca selengkapnya

Indian Shares Surge As Fed Bets Ease

Indian shares were sharply higher in early trade on Monday as data showing much weaker-than-expected U.S. job growth in September reduced expectations for a potential Federal Reserve rate hike later this month.

RTTNews | 20 menit yang lalu

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Monday, but extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 8,700.00 level, with gains in energy and financial partially offset by weakness in gold miners and technology stocks.

RTTNews | 1 jam 24 menit yang lalu

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, as weaker-than-expected U.S. monthly jobs data led to optimism the US Fed may hold off on raising interest rates later this month. However, spiking bond yields and heightened uncertainty in the Middle East conflict weighed on market sentiment. Asian markets closed mixed on Frida

RTTNews | 1 jam 30 menit yang lalu

Indian Shares Seen Opening Higher As Fed Rate Hike Concerns Ease

Indian shares look set to open higher on Monday, tracking firm cues from global markets as investors trimmed bets on an aggressive policy tightening cycle by the U.S. Federal Reserve.

RTTNews | 2 jam 7 menit yang lalu

Additional Support Predicted For Thai Stock Market

The Thai stock market has tracked higher in two straight sessions, gathering more than a dozen points or 0.7 percent in that span. The Stock Exchange of Thailand now sits just above the 1,570-point plateau and it may open to the upside again on Monday.

RTTNews | 2 jam 51 menit yang lalu

Japanese Market Sharply Higher

The Japanese stock market is sharply higher on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The Nikkei 225 is moving above the 69,800 level, with gains across most sectors led by index heavyweights and technology stocks.

RTTNews | 3 jam 6 menit yang lalu

Higher Open Called For Indonesia Stock Market

The Indonesia stock market on Friday ended the six-day losing streak in which it had tumbled more than 360 points or 5.4 percent. The Jakarta Composite Index now sits just above the 6,030-point plateau and it may see additional support on Monday.

RTTNews | 3 jam 21 menit yang lalu

Australian Markets Notably Higher

The Australian stock market is notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,700.00 level, with gains in energy and financial partially offset by weakness in gold miners and technology stocks.

RTTNews | 3 jam 48 menit yang lalu

EURUSD	1.11785	GBPUSD	1.32052
USDJPY	158.131	USDCAD	1.42856