Our Markets are expected to open flat/ positive today. At 08.05 a.m., SGX Nifty futures were trading 15.50 points higher at 8,601.50 indicating a positive opening on the markets
European stocks advanced for a third day, extending their highest level since 2008, amid investor expectations the European Central Bank will announce a plan for quantitative easing this week. The Stoxx Europe 600 Index added 0.2 percent to 353.18 at the close of trading. The equity gauge pared gains in the final hour after earlier increasing as much as 0.7 percent.
The Financial Markets in U S were closed Monday 19th for the Martin Luther King Jr. holiday.
Emerging-market stocks fell for a second day as a regulatory crackdown on high-risk margin trading led to the biggest rout in Chinese equities since 2008. The MSCI Emerging Markets Index declined 0.5 percent to 952.51 at the close of trading in New York, its second day of losses
Brent for March settlement slid as much as $1.12 to $49.05 a barrel on the London-based ICE Futures Europe exchange and was at $49.08 at 4:15 p.m. local time. It gained 3.9 percent to $50.17 on Jan. 16, the highest settlement since Jan. 8. The European benchmark crude was at a premium of $1.05 to WTI for the same month. West Texas Intermediate for February delivery, which expires on Jan. 20, dropped as much as $1.07 to $47.62 a barrel on the New York Mercantile Exchange.
Asian stocks rose, led by technology companies, as investors awaited data from China on gross domestic product, factory output and retail sales. The MSCI Asia Pacific Index (MXAP) gained 0.1 percent to 137.74 as of 9:05 a.m. in Tokyo.