Euro Higher Versus Pound, Slips Against Other Majors [EUR/USD]

Euro Higher Versus Pound, Slips Against Other Majors [EUR/USD]
In the early deals on Thursday, the euro strengthened against the British pound and hit a 9-day high. But the euro edged down against the rest of majors. The euro-yen pair declined to a 9-day low.

Australian Market Closes In Red For Seventh Straight Session []
Thursday, after opening on a firm note Sydney shares lost ground in mid-morning trade and eventually ended in the negative territory for the seventh straight session amid expiry of December futures contracts and a weak lead from Wall Street. The benchmark S&P/ASX 200 Index closed down 39.5 points or 0.6% at 6,176.9 and the broader-based All Ordinaries Index lost 36.0 points or 0.6% to finish at 6,244.8.

Japan Stocks Searching For Support Levels []
Japanese stocks are in search of a bottom while awaiting word Thursday from the nation's central bank on interest rates. The rates are likely to remain unchanged.

European Markets Fall On Trichet Comments - European Commentary []
The European markets fell for the consecutive third day on Wednesday after European Central Bank President Jean-Claude Trichet signaled that faster inflation will prevent policy makers from cutting interest rates to ease the continuing crunch in the credit markets.

Thai Stocks May Bounce Back []
After almost a week of caution and decline centered on the court plight of index heavyweight PTT, the Thai stock market is poised to rebound when the Stock Exchange of Thailand opens for business on Wednesday.