Sensex, Nifty Set To Rally As Oil Prices Plunge On Iran-Israel Ceasefire

RTTNews | 457 hari yang lalu

(RTTNews) - Indian shares look set to open sharply higher on Tuesday after U.S. President Donald Trump claimed on social media that Israel and Iran have agreed to a "complete and total ceasefire" to be phased in over 24 hours.

Brent crude futures extended losses in Asian trading after declining 8 percent overnight in the absence of immediate disruption to global oil supply.

West Texas Intermediate (WTI) crude futures for August were down more than 2 percent this morning, falling below $67 a barrel as Iran's token retaliation against a U.S. base removed the immediate threat to the vital Strait of Hormuz shipping lane.

Benchmark indexes Sensex and Nifty fell around 0.6 percent each on Monday amid escalating geopolitical tensions in West Asia.

The rupee weakened to a five-month low, closing at 86.75 against the dollar, down 26 paise from its previous close.

Asian markets were mostly higher, the dollar weakened while gold traded weak near $3,350 per ounce.

U.S. stocks ended with gains overnight as oil prices slumped and Federal Reserve Vice Chair Michelle Bowman said she favored a rate cut "as soon" as July if inflationary pressures remain contained.

President Trump downplayed Iran's missile strike on the Al Udeid Air Base in Qatar. He said 13 of 14 missiles were intercepted and emphasized there were no casualties.

Trump also thanked Iran for giving Washington advance notice of the attack, adding Iran can now proceed to peace and harmony in the region, and he would enthusiastically encourage Israel to do the same.

The Dow and the tech-heavy Nasdaq Composite both climbed around 0.9 percent, while the S&P 500 rallied 1 percent.

European stocks fell modestly on Monday as investors waited for Iran's response to the weekend U.S. air strikes on its nuclear sites.

The pan-European STOXX 600 closed 0.3 percent lower. The German DAX dipped 0.4 percent, France's CAC 40 shed 0.7 percent and the U.K.'s FTSE 100 slid 0.2 percent.

baca selengkapnya

TSX Down Marginally; Oil, Yields Pressure Market Sentiment

Canadian equities declined Thursday as elevated oil prices and higher bond yields pressured markets. The S&P/TSX Composite Index dropped 0.15%. August retail sales rose 1.3% month-over-month, rebounding from July's 0.7% decline.

RTTNews | 31 menit yang lalu

SNB Keeps Rates Steady; Swiss Equities Close Marginally Lower

Switzerland's SMI benchmark fell 0.11% Thursday as the Swiss National Bank maintained its key interest rate at zero percent amid elevated oil prices and geopolitical tensions. The SNB raised its 2026 inflation forecast to 0.7% from 0.6%.

RTTNews | 1 jam 27 menit yang lalu

European Markets Retreat On Oil Rally, Rate Hike Bets

European stocks closed lower Thursday amid escalating Middle East tensions and expectations of additional Federal Reserve tightening. Oil prices climbed sharply while bond yields rose, creating headwinds for regional equities.

RTTNews | 1 jam 50 menit yang lalu

U.S. New Home Sales Rebound More Than Expected To Eight-Month High In August

The Commerce Department released a report on Thursday showing a significant rebound in new home sales in the U.S. in the month of August. The report said new home sales surged by 6.4 percent to an annual rate of 684,000 in August after plunging by 4.3 percent to an upwardly revised rate of 643,000 in July.

RTTNews | 4 jam 19 menit yang lalu

U.S. Jobless Claims Unexpectedly Edge Down To Two-Month Low

First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended September 19th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 197,000, a decrease of 1,000 from the previous week's revised level of 198,000. Economists had expected jobless claims to rise to 204,000.

RTTNews | 5 jam 32 menit yang lalu

U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower

First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended September 19th, according to a report released by the Labor Department on Thursday.

RTTNews | 6 jam 49 menit yang lalu

Bay Street Likely To Open Lower

Weak metal prices and lower U.S. and Canadian futures point to a lower open on Bay Street Thursday morning. Canadian retail sales data could impact sentiment. Middle East concerns linger due to a lack of meaningful progress in U.S.-Iran talks.

RTTNews | 6 jam 54 menit yang lalu

Swiss Central Bank Maintains Key Rate

The Swiss National Bank retained its key interest rate at zero percent as medium-term inflationary pressure increased only slightly since June. Policymakers observed that the monetary policy is appropriate to keep inflation within the range consistent with price stability and supports economic development.

RTTNews | 7 jam 0 menit yang lalu

EURUSD	1.13733	GBPUSD	1.3214
USDJPY	158.903	USDCAD	1.414