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Investing.com — European stock markets edged higher Monday, helped by the positive close on Wall Street last week but investors continue to fret about the global growth outlook amid restrictive monetary policies.

By Paul Carsten

By Ankika Biswas

By Dhara Ranasinghe

inflation data from the United States that is expected to offer further clues this week on whether the Federal Reserve has more work to do to tame price pressures. The Japanese yen remained vulnerable, hovering not far from a one-year low against the greenback as markets remained on watch for possible intervention by Tokyo. The focus for most traders will be firmly on U.S. consumer price index (CPI) numbers due on Tuesday after the Fed's policy meeting this month tempered its hawkish stance although Fed Chair Jerome Powell last week hinted that the battle against inflation may not be over yet.

Investing.com — In the coming week U.S. inflation data will be closely watched, along with comments from several Federal Reserve officials, which will help investors shape their views on the future path of interest rates. Retailers are due to report earnings against a background of persistent concerns over inflation and the economic outlook and oil prices look set to remain volatile. Here’s what you need to know to start your week.

Sensex and Nifty started the Hindu accounting year Samvat 2080 on a positive note by ending 0.5% stronger. Sensex ended 355 points higher while Nifty ended comfortably above the 19,500-zone. Buying action was more visible in the broader market as the smallcap index rallied over 1% with Welspun Corp, Engineers India and Swan Energy rallying 7-9% each. That said, here’s a look at what some key indicators are suggesting for Tuesday’s action: US market The dollar eased and global equities rebounded on Friday as Wall Street rallied on doubts that interest rates will go higher even after Federal Reserve Chair Jerome Powell cautioned that tighter monetary policy might be needed to tame inflation. The Dow Jones Industrial Average rose 1.15%, the S&P 500 gained 1.56% and the Nasdaq Composite added 2.05%, its biggest percentage jump since May.

Leading financial figures have raised concerns about the potential for continued high-interest rates and the resulting economic instability. At an investment summit on Tuesday, THL co-CEO Scott Sperling discussed the challenges posed by soaring interest rates and cautious consumer behavior. Despite anticipating a turbulent economy over the next 15 to 18 months, Sperling identified promising investment opportunities in sectors like generative AI and life sciences.

Traders on Wall Street are facing increased volatility as an inverted yield curve, a phenomenon not seen since the Volcker era, has emerged, signaling potential recession concerns. The unusual condition where short-term borrowing rates surpass those of long-term loans has intensified the 'T-bill and chill' trade within the $26 trillion Treasury market. This development comes after equity benchmarks, which corrected in October, saw a turnaround with consecutive weekly gains this November.

₹5,806 crore worth of Indian equities and the total inflow stands at ₹1,525 crore as of November 10, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. FPIs have reversed the prior three-month trend of sustained buying and emerged net sellers in September and October. Surging US bond yields have been the major reason for FPI outflows since last month, according to analysts.

stocks as oil prices fell, even as hawkish US Federal Reserve remarks reignited rate worries and dragged Asian peers. The NSE Nifty 50 index added 1.01% for the week, while the S&P BSE Sensex gained 0.84%. Here's how analysts read the market pulse: «Nifty exhibited volatility throughout the day, rebounding above the 21-day exponential moving average (EMA). However, the substantial Open Interest (OI) buildup at 19500, particularly from Call writers, suggests a protective barrier that may impede further upward movement for Nifty.

China continues to battle its property demons while it is Italy's turn to be in the eye of the ratings agencies. Here is your week-ahead primer from Lewis Krauskopf in New York, Kevin Buckland in Tokyo, Danilo Masoni in Milan and Alun John and Dhara Ranasinghe in London. 1/ INFLATION WATCH A slew of Federal Reserve policymakers including boss Jerome Powell say they are still not sure that rates are high enough to finish the battle with inflation. Traders, anticipating roughly three quarter-point Fed rate cuts next year, will now turn their attention to Tuesday's inflation data to confirm their view on the outlook. The October consumer price index is expected to have climbed 0.1% on a monthly basis, according to a Reuters poll. September's CPI rose 0.4% on a surprise surge in rental costs, but also showed a moderation in underlying inflation pressures. A sharper cooling could fan the peak rate talk, fuelled by October's employment report, which pointed to an easing in labor markets. A federal government shutdown meanwhile looms if lawmakers in Washington are unable to pass a measure to at least temporarily fund operations before a Nov.

Tighter monetary policy is helping bring down the pace of inflation but not to a level where policymakers should feel too comfortable, San Francisco Federal Reserve President Mary Daly said Friday.

Investing.com — The Dow rallied to notch second-straight weekly win Friday as big tech led a rebound in stocks following a wobble a day earlier when Fed chair Jerome Powell's reminder that rate hikes aren't over rattled markets.

By Herbert Lash and Nell Mackenzie

₹500 crore invested in NSE’s secondary market, direct retail pumped ₹50,500 crore into equity futures and equity options during April-September, NSE data shows. The inflows could exceed last fiscal year’s ₹60,000 crore, with six months left in FY24.

By Amruta Khandekar and Shristi Achar A

Investing.com — Oil prices rose Friday, finding some support as a difficult week comes to end, as market attention turns to a key meeting of OPEC and its allies later this month.

Investing.com — U.S. futures traded in a mixed fashion Friday, ending the week amid a degree of uncertainty after a relatively hawkish speech by Fed Chair Jerome Powell.

Investors should brace for fresh turmoil next week as the stock market faces several market-moving events, including key economic data as well as earnings from the major U.S. retailers.

US Federal Reserve chairman Jerome Powell on Thursday rattled financial markets worldwide by saying that the central bank was not yet confident that interest rates were at a sufficiently restrictive level to bring inflation to its 2% target. The statement, which leaves the door open for more Fed rate hikes, yanked five-year US bond yields above 5%, pushed the rupee to a record low versus the dollar, and sent stock markets tumbling.