Indian shares fell on Thursday, weighed by auto and metal companies, as investors braced for crucial U.S. inflation data that will provide clues about the severity of the Federal Reserve's future interest rate hikes.
The U.S. consumer price index data for October is due at 1330 GMT, with economists polled by Reuters forecasting a decline in both monthly and yearly core numbers to 0.5% and 6.5%, respectively.
"Markets have been rising, gearing up for a less aggressive rate hike from the Fed. But with a fractured U.S midterm election verdict and the inflation data due, we are seeing some corrections with markets getting ready for some surprises, " said Anand James, Chief Market Strategist at Geojit Financial Services.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
INDIA STOCKS Indian shares fall as autos drag; U.S. inflation data eyedIndian shares edged lower on Thursday, dragged by auto and metal companies, as investors brace for crucial U.S. inflation data that will provide clues about the severity of Federal Reserve's future interest rate hikes.
Leer más »
Mayor: Veterans Day Parade canceled Friday, Jacksonville Fair closing Thursday because of NicoleAmong the closures and major schedule changes in preparation for Nicole, the Jacksonville Veterans Day Parade and breakfast on Friday will not take place, Mayor Lenny Curry announced Tuesday.
Leer más »
Congressman Chuy Garcia to launch campaign for mayor on ThursdayU.S. Rep. Jesus 'Chuy' Garcia, expected to sail to victory today in his bid for a third term in Congress, plans to jump into the race for mayor of Chicago on Thursday.
Leer más »
St. Augustine suspends solid waste, yard debris collections ThursdayThe city of St. Augustine said that due to deteriorating weather conditions, solid waste yard debris collections will be suspended Thursday, Nov. 10.
Leer más »