Policy Makers: The European Central Bank cut its deposit rate deeper into negative territory on Thursday, in an effort to boost inflation in the euro region, it announced on Thursday.

 

Economic Indicators: U.S. non-farm private employment rose more than expected in November, boosting optimism over the health of the economy and supporting the case for a U.S. interest rate hike this month, industry data showed on Wednesday.

 

Forex: The euro extended gains against the U.S. dollar on Tuesday, supported by the release of upbeat economic reports from the euro zone, although investors remained cautious ahead of the European Central Bank's upcoming policy meeting on Thursday.

 

Economic Indicators: Contracts to buy previously owned U.S. homes rose far less than expected in October, the latest sign that the housing market recovery was losing momentum after strong gains early this year.

 

Forex: The dollar was little changed at an eight-month peak against the other major currencies on Thursday, as trading volumes were expected to remain thin with U.S. markets closed for the Thanksgiving holiday. USD/JPY edged down 0.16% to 122.56.

 

Stock Markets: U.S. stocks opened lower on Tuesday as investors fled risky assets after Turkey shot down a Russian warplane, even as data pointed to stronger U.S. economic growth.

 

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