Australian Market Pares Opening Gains []

Australian Market Pares Opening Gains []
Thursday, Sydney shares were trading lower, amid volatility, after Wall Street closed mixed overnight on credit worries. The market had opened firm on the day of expiry of the S&P/ASX 200 December futures contract.

Market Likely To Consolidate At Current Levels - Indian Commentary []
Thursday, Indian market is likely to consolidate at current levels, as global cues are mixed. Bargain hunting, following recent lows, might provide some degree of support to the market, but volatility will be higher ahead of the closing of December derivatives contracts on Thursday next week.

New Zealand Shares Look To Sustain Minor Rally []
New Zealand shares look Thursday to build on Wednesday's modest upward momentum.

US Leading Indicators Fall More Than Expected In November []
The US November Index of Leading Economic Indicators fell 0.4 percent, more than the 0.3 percent decline predicted by analysts.

Greenback Mixed In Performance Amid Q3 GDP [EUR/USD]
The US dollar showed mixed performance during early New York deals on Thursday. The dollar moved as the commerce department released its final report on gross domestic product in the third quarter showing the pace of GDP growth for the third quarter was unrevised at 4.9%.

European Markets End Lower On Goldman Sachs Caution - European Commentary []
The European markets closed lower on Tuesday after Wall Street brokerage Goldman Sachs cautioned that markets will remain challenging in the near future. The comments from the world's largest securities firm erased earlier gains following the European Central Bank's issuance of an unprecedented $500 billion in loans as part of a global effort to ease credit-market gridlock.

US Dollar Mixed Amid Third Quarter GDP Data [EUR/USD]
US third quarter GDP data was released at 8:30 am ET. Amid the release, the dollar showed mixed performance against its major counterparts. As of 8:35 am ET, the greenback was worth 1.9889 against the pound, 113.13 against the yen and1.4352 against the euro.

Pound Down Against Other Major Currencies [GBP/USD]
The sterling plunged versus its major counterparts Thursday morning in New York. This comes as investors mull a report showing that the U.K. economy grew at a surprising rate in the third-quarter.

British Sterling Extends Weakness Versus Majors [GBP/USD]
The pound further weakened against its major counterparts at about 9:45 am ET. As of now, the pound is trading at 0.7224 against the euro, 224.57 against the dollar, 224.50 against the yen and 2.2991 against the Swiss franc.