- Ex-Barcelona and Spain great Iniesta retires aged 40
- Duo wins Physics Nobel for 'foundational' AI breakthroughs
- German 'Maddie' suspect could be free in 2025 after cleared of separate sex crimes
- China slaps provisional tariffs on EU brandy imports
- Ex-skipper Skelton eyes Wallabies November return
- Spanish great Iniesta leaves indelible legacy after retirement
- Indian Kashmir elects first regional government in a decade
- Hong Kong stocks crash, oil prices retreat on fading China boost
- Man City accuse Premier League of 'misleading' claims after legal case
- Duo wins Physics Nobel for key breakthroughs in AI
- Agha defies England as Pakistan post 515-8 in first Test
- September second-warmest on record: EU climate monitor
- Pastor wanted by US for sex trafficking to run for Philippine senate
- Mozambican writer Mia Couto dreams future leaders set an 'example'
- German 'Maddie' suspect could be free soon after cleared of separate sex crimes
- China says to take anti-dumping measures against EU brandy imports
- German suspect in 'Maddie' case cleared in separate sex crimes trial
- Israel expands offensive against Hezbollah in south Lebanon
- China stocks rally fizzles on stimulus worries amid Asia retreat
- Bangladesh's Yunus says no elections before reforms
- England strike twice as Pakistan reach 397-6 at lunch in first Test
- China stocks rally peters out on stimulus worries amid Asia retreat
- Taiwan's Foxconn says building world's largest 'superchip' plant
- Kenya's deputy president faces impeachment vote
- N. Korean soldiers 'highly likely' killed in Ukraine: Seoul
- 'Appeals Centre' to referee EU social media disputes
- US Supreme Court to hear 'ghost guns' regulation case
- 'Small' oil leaks detected in Samoa after NZ navy shipwreck
- Nobel literature jury may go for non-Western writer
- At Istanbul church, blessed spring offers hope to Christians and Muslims
- From Bolivia to Indonesia, deforestation continues apace
- Myanmar to send rep to regional summit for first time in three years
- Prabowo set to lead bolder Indonesia on world stage
- Tampa zoo rushes Chompers the porcupine and others to safety as Milton nears
- Shanghai stocks pare early surge on stimulus worries amid Asia retreat
- New Japan PM to hold talks on ASEAN sidelines
- Record number of climbers chase 14-peak dream in Tibet
- Former South Korea clinic for US 'comfort women' to be demolished
- China holds off on fresh stimulus but 'confident' will hit growth target
- Chiefs battle past Saints to stay unbeaten
- Deal on climate aid hangs in balance at UN COP29 summit
- Royals hit back against Yankees, Tigers maul Guardians
- German suspect in 'Maddie' case faces verdict in sex crimes trial
- Top economic official 'confident' China will hit 2024 growth target
- COP29 fight looms over climate funds for developing world
- Shanghai stocks soar to extend stimulus rally amid Asia-wide drop
- Australia moves to expand Antarctic marine park
- Tragedy of Madrid street sweeper highlights how heatwaves kill
- Survivors wait for aid as Trump's lies help cloud Helene response
- Fleeing Israeli bombs, Lebanon's displaced met with suspicion
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Eurozone stocks, euro higher before ECB update on rates
Eurozone stock markets and the euro rose Thursday awaiting the outcome of the European Central Bank's latest monetary policy meeting, as traders seek more information on when it will start to raise interest rates to fight the bloc's record-high inflation.
Oil prices, whose recent surge has contributed to inflation around the globe reaching the highest levels in decades, came off the boil Thursday.
Investors were keeping a watch also on earnings updates due from more US banks, a day after JPMorgan Chase reported a sharp drop in profits and warned of downside risks from the Ukraine war and surging inflation.
Elsewhere on the corporate front, Tesla chief Elon Musk has launched a hostile takeover bid for Twitter, offering to buy 100 percent of its stock and take it private, according to a stock exchange filing Wednesday.
"Several big US banks are due to report... while the latest brush strokes in the global interest rate picture will be painted by the European Central Bank later as it meets to decide whether to follow the Bank of England and US Federal Reserve in hiking rates," noted Danni Hewson, financial analyst at AJ Bell.
"The expectation is that ECB chief Christine Lagarde and her colleagues will sit on their hands but the runaway nature of inflation in the eurozone is bringing considerable pressure to bear on the central bank."
The ECB and investors at large remain cautious about the financial fallout caused by the war in Ukraine.
Prices were already soaring in major economies when Russia's invasion in late February sent shockwaves through the global energy, food and commodity markets.
Data this week from the United States -- the world's biggest economy -- showed inflation at a level not seen in 40 years.
Analysts said, however, that markets had welcomed an indication that US inflation may be approaching its peak.
Despite falling Thursday, both main oil contracts stayed firmly above the $100 per barrel mark, with fears swirling about global supply constraints over the invasion of Ukraine by Russia -- a major producer of oil and gas.
- Key figures around 1100 GMT -
Frankfurt - DAX: UP 0.2 percent at 14,109.27 points
Paris - CAC 40: UP 0.6 percent at 6,581.87
EURO STOXX 50: UP 0.5 percent at 3,846.03
London - FTSE 100: FLAT at 7,577.73
Tokyo - Nikkei 225: UP 1.2 percent at 27,172.00 (close)
Hong Kong - Hang Seng: UP 0.7 percent at 21,518.08 (close)
Shanghai - Composite: UP 1.2 percent at 3,225.64 (close)
New York - Dow: UP 1.0 percent at 34,564.59 (close)
Brent North Sea crude: DOWN 1.4 percent at 107.31 per barrel
West Texas Intermediate: DOWN 1.1 percent at 103.10 per barrel
Euro/dollar - UP at $1.0905 from $1.0894 at 2100 GMT
Pound/dollar - UP at $1.3132 from $1.3109
Euro/pound - UP at 83.07 pence from 83.03 pence
Dollar/yen - DOWN at 125.25 from 125.59
P.M.Smith--AMWN