European Economics Preview: UK Nationwide House Prices Data Due

House prices from the UK and final factory Purchasing Managers' survey results from the UK and other major euro area economies are the top economic news due on Thursday. At 2.00 am ET, UK Nationwide house price data is

FDA Approves First Fecal Microbiota Product Rebyota

The U.S. Food and Drug Administration said it has granted approval for Ferring Pharmaceuticals Inc.'s fecal microbiota product Rebyota. The approval is for the prevention of recurrence of Clostridioides difficile

Australian Dollar Advances On Fed Powell's Less Hawkish Comments

The Australian dollar climbed against its most major counterparts in the Asian session on Thursday, as U.S. Federal Reserve Chair Jerome Powell reiterated that the central bank would moderate the pace of rate increases

Asian Shares Rise On Powell's Dovish Tilt, Easing China Curbs

Asian stocks rose notably on Thursday after Federal Reserve Chair Jerome Powell hinted at slowing the pace of rate hikes and the giant Chinese cities of Guangzhou and Chongqing announced an easing of COVID curbs in the

DAX Rises Despite Weak Retail Sales Data

German stocks rose on Thursday as Fed Chair Jerome Powell signaled a potential slowing of interest rate hikes and two major Chinese cities relaxed some COVID restrictions in efforts to reduce public discontent.

CAC 40 Edges Higher In Cautious Trade

French stocks edged up slightly on Thursday as investors reacted to dovish-sounding remarks by Federal Reserve Chair Jerome Powell and signs of easing COVID-19 curbs in China.

UK House Prices Log Biggest Decline Since Mid-2020: Nationwide

UK house prices posted its biggest decline since June 2020 reflecting the loss of momentum in the property market amid the stretched housing affordability, data published from the Nationwide Building Society showed

FTSE 100 Edges Higher On Fed Rate Optimism

U.K. stocks rose slightly on Thursday as Fed Chair Jerome Powell's dovish remarks on the pace of rate hikes offset disappointing house price data.

European Shares Mostly Higher As Powell Hints At Smaller Rate Hikes

European stocks were broadly higher on Thursday, with Fed Chair Jerome Powell's dovish remarks on the pace of rate hikes and signs of easing COVID curbs in China helping underpin investor sentiment.

Malaysia Shares May Extend Wednesday's Gains

The Malaysia stock market on Wednesday snapped the two-day slide in which it had fallen almost 25 points or 1.7 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,490-point plateau and it's expected