U.S. Pending Home Sales Slump To Lowest Level In Over Twenty Years

Pending home sales in the U.S. slumped to their lowest level in over twenty years in the month of October, the National Association of Realtors revealed in a report released on Thursday. NAR said its pending home sales

U.S. Dollar Higher After Inflation Data

The U.S. dollar appreciated against its most major counterparts in the European session on Thursday, as the Federal Reserve's preferred measure of inflation rose in line with expectations in October, supporting

Canadian Market Pares Early Gains; Bank Stocks In Focus After Results

After opening modestly higher and moving further up, the Canadian market pared most of its gains Thursday morning with consumer staples and technology stocks drifting lower on selling pressure.

European Stocks Close On Firm Note On Encouraging Inflation Data

European stocks closed on a firm note on Thursday as soft Eurozone inflation data, and rising optimism the Federal Reserve will start reducing interest rates from the first quarter of next year helped underpin sentiment.

India GDP Growth Remains Solid At 7.6% In September Qtr

The Indian economy continued to grow at a robust pace in the three months to September, preliminary data from the statistics ministry showed Thursday. Gross domestic product grew 7.6 percent year-on-year following a 7.8

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.

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

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

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.

Euro Slides Against Majors

The European currency weakened against other major currencies in the European session on Thursday.