SgxNifty Futures Update : 27 Oct 2022

The  SgxNifty Future is trading at 17,744.0 with a loss of -0.39% or -69.5 point. The Nikkei 225 Future is trading at 27,352.5 with a loss of -0.32%percent or -87.5 point.The Hang Seng Future is trading at 15,575.0 up with –0.57% percent or -89.0 point.

 

TODAY’S FACTORS AND EVENTS

The European Central Bank is set to look past intensifying recession fears by lifting its main interest rate to the highest in more than a decade to tackle record euro-zone inflation.

Despite displeasure at rising borrowing costs from politicians including new Italian Prime Minister Giorgia Meloni, almost all economists surveyed by Bloomberg predict a second straight 75 basis-point hike on Thursday.

PREVIOUS DAY ACTIVITY

For the day the  nifty closed at 17,723.55 up with +0.38% percent or +67.20 point.Nikkei 225 is trading at 27,388.42  with a loss of -0.16% percent or  −43.42 point. Hong Kong’s Hang Seng is trading at 15,555.46 up with +1.55% or +237.79 point.

 

WORLD MARKETS

For the day the Dow is trading at 31,839.11 with 0.0074% percent or +2.37 point. The S&P 500 is trading at 3,830.60 with a loss of –0.74% percent or −28.51 point. The Nasdaq Composite is trading at 10,970.99 with a loss of –2.04% percent or −228.12 point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,388.42 with 0.16% percent or −43.42 point. Hong Kong’s Hang Seng is trading at 15,547.76 up with 1.50% ercent or +230.09  point. China’s Shanghai Composite is trading at 2,987.58 with a loss of –0.40% percent or −11.92  point. India’s BSE Sensex is trading at 59,761.09 up with +0.36% percent or +217.13 point at 12:15 PM.

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