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CAC-40 Extends Gains Amidst Inflation Relief
The CAC-40 benchmark extended gains in Thursday's trading amidst data that showed easing inflation in France as well as the wider Euro Area.
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KKR, Hologic Create New Platform Named Maverix Medical Managed By Ajax Health
Investment firm KKR Co. Inc. (KKR) announced Thursday a new platform established with investments from KKR and Hologic, Inc. (HOLX), a global leader in women's health and medical technology innovator.
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Sensex, Nifty Close Marginally Higher; Tata Technologies, Gandhar Oil Make Strong Debut
After a positive start and a subsequent retreat that resulted in a long spell in negative territory, Indian stocks found some support in late afternoon trades on Thursday to eventually end the day's session marginally higher.
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DAX Gains Amidst Easing Inflation
A more-than-expected decline in inflation in the Euro Area for the month of November helped the DAX extend gains and cross the 16,200 level for the first time since early August.
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Euro Slides Against Majors
The European currency weakened against other major currencies in the European session on Thursday.
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Asian Equities Gain As Fed Pivot Hopes Deepen
Positive sentiment prevailed in most Asian markets amidst dovish comments by Fed officials that markets see as heralding an earlier-than-expected rate cut by the Fed.
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Bank Of Korea Keeps Rate Unchanged; Lifts Inflation Forecast
South Korea's central bank retained its key interest rate for the seventh straight meeting and raised its inflation projections citing higher cost pressures. The Monetary Policy Board of the Bank of Korea, governed by Rhee Chang-yong, decided to retain the key base rate at 3.50 percent. The policy rate has been raised by a cumulative 300 basis points in the current tightening cycle.
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more news
UN, Microsoft Join To Use AI And Advanced Data Technology To Track Climate Change
Tech major Microsoft Corp. announced a partnership with the United Nations regarding the use of AI and advanced data technology to track global climate change, and to assess progress under the Paris Agreement. The company said the partnership will enable United Nations Framework Convention on Climate Change or UNFCCC to create a new AI-powered platform and global climate data hub to measure...
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European Markets Seen Cheering The Fall In Inflation
Major stock markets in Europe are seen opening on a strong note on Thursday as easing inflation in Germany and Spain as well as dovish comments from Fed officials boosted market sentiment.
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European Economic News Preview: Eurozone Inflation Data Due
Flash inflation from the euro area and unemployment from Germany are the top economic news due on Thursday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's retail sales data for October. Sales are forecast to fall 1.9 percent annually after easing 4.3 percent a month ago.
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Sensex, Nifty Falter After Positive Start; Tata Technologies Makes Strong Debut
After opening on a positive note, Indian shares retreated Thursday morning, failing to find support at higher levels. The mood remains cautious with investors awaiting key inflation data from the U.S. for more clarity about the outlook for interest rates.
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NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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