Generative AI could emerge as a $1.3 trillion market by 2032, growing at a 42% compound annual rate, according to BI analyst Mandeep Singh.

BENGALURU, Aug 10 Reuters Indian shares declined on Thursday, dragged by financials on the central bank39;s measures to reduce excess liquidity, and consumer stocks on inflation concerns, after the Reserve Bank of India held its key rates steady, as expected. The Nifty 50 closed 0.46 lower at 19,543.10, while the SP BSE Sensex fell 0.47 to 65,688.18. […]

LONDON, Aug 10 Reuters Sterling rose against a weakening dollar ahead of the release of U.S. CPI inflation data on Thursday, while UK housing prices added to evidence that the outlook for the British economy remains grim. The pound was 0.4 higher against the dollar at 1.2771 and 0.1 higher versus the euro at 86.35 […]

JOHANNESBURG, Aug 10 Reuters The South African rand strengthened against the dollar on Thursday, helped by dollar weakness after data showed a moderate rise in U.S. inflation in July. At 1514 GMT, the rand traded at 18.7375 against the dollar , up about 1.33 on its previous close, having risen as much as 1.7 to […]

MUMBAI, Aug 10 Reuters The Indian rupee was little changed on Thursday before the Reserve Bank of India39;s policy decision, which will be followed by the vital U.S. inflation data. The rupee , similar to how it has been over the last two days, was in a narrow range. The currency was nearly unchanged from […]

MILAN, Aug 10 Reuters Luxury and travel stocks were among the leading gainers in Europe on Thursday as investors cheered China39;s decision to lift a ban on group tours in the United States and other key markets. A gauge of top luxury stocks was up 1.9 while the region39;s travel and leisure index gained 1, both outperforming […]

STOXX 600 up 0.4 Aug 10 Reuters European stocks rose on Thursday as investors digested a slew of corporate earnings and awaited U.S. inflation print that will likely determine the Federal Reserve39;s monetary policy path. The panEuropean STOXX 600 added 0.4 by 0707 GMT, having closed at a oneweek high in the previous session. U.S. stock […]

PREVIOUS TRADING DAY EVENTS 09 August 2023 Last week, the U.S. crude inventory data showed an increase of 5.9 million barrels. Oil climbed to high levels as the market dealt with supply tightness concerns and fuel demand worries ahead of the CPI data released today U.S. inflation data. Brent crude rose by 0.3, to 87.81 […]