Oil prices dropped by a dollar in early Asian trading on Monday, following disappointing Chinese inflation data that heightened concerns about demand, with Brent crude futures at $77.92 and U.S. West Texas Intermediate at $74.49 per barrel amid uncertainty over potential economic stimulus measures.
Dollar extends gains while investors parse China’s stimulus plans (14-10-2024)
The dollar gained in Asian trading due to Japan’s holiday and China’s mild stimulus news. The euro, pound, and yuan weakened, with the yuan down 0.2% against the dollar. China announced increased debt issuance to boost its economy, but markets are skeptical due to vague details.
Gold eases as dollar strengthens; traders eye Fed cues (14-10-2024)
Gold prices decreased as the U.S. dollar strengthened, with markets awaiting Federal Reserve cues on monetary policy. Investors speculate a rate cut in November. U.S. inflation data favored lower rates, while geopolitical tensions rise with U.S. troop deployment to Israel.
Stocks To Watch: Wipro, HAL, Dmart, Ola Electric, GIC Re, Oberoi Realty (14-10-2024)
Stock Market Today: Adani Enterprises has successfully raised $500 million through a share sale, marking its return to the equity markets after a previous cancellation.
GIFT Nifty up 10 points; here’s the trading setup for today’s session (14-10-2024)
Additionally, investors will closely track updates on geopolitical tensions, particularly their impact on crude oil prices, and foreign fund flows.
Asia shares await China markets’ response to detail-thin stimulus pledges (14-10-2024)
The Australian and New Zealand dollars slipped against the greenback in early trading on Monday, while China’s yuan also weakened. US stock futures edged lower, while the MSCI Asia-Pacific share index eked out a gain.
Stocks in news: RIL, HCL Tech, DMart, Wipro, HAL (14-10-2024)
The Board of Wipro will consider issuing bonus shares to investors along with its financial results for the quarter ended September 2024.
Stock Market Live Updates: Index Outlook: FPIs’ sell-off keeps the Sensex and Nifty 50 under pressure (14-10-2024)
Sensex, Nifty, Share Prices LIVE: The Indian benchmark indices, Sensex, Nifty 50 and the Nifty Bank indices began the week on a weak note with a sharp fall on Monday. Although they managed to recover all the loss after that, the bounce back move seems to lack strength. That leaves the near-term outlook weak. The indices look vulnerable to fall again. However, strong supports are coming up for the Sensex, Nifty and the Nifty Bank index which can halt the current fall.
US consumer in focus as earnings season heats up (14-10-2024)
The benchmark S&P 500 is set to post its fifth straight weekly gain and is hovering near a fresh record high after rising over 21% this year.