- As toll crosses 100, Trump puts Hurricane Helene at election center stage
- US Fed Chair sees 'further disinflation' in economy
- Epic Games sues Google and Samsung over app store
- Officials see no shortages from likely US port strike
- UK families of Gaza hostages warn Lebanon attack 'takes focus away'
- Shares in Stellantis, Aston Martin skid on profit warnings
- Dali prints found in London garage sold at auction
- ECB chief backs bank mergers amid UniCredit, Commerzbank talk
- China stocks soar on stimulus, but US and Europe retreat
- 100 dead in storm Helene damage, flooding across US southeast
- China stocks soar on stimulus, Europe slides on automaker woes
- German antitrust watchdog steps up monitoring of Microsoft
- Nepal's urban poor count cost of 'nightmare' floods
- E.Guinea, Gabon clash at ICJ over oil-rich islands
- New blow for UK's Starmer as growth data disappoints
- China's top banks to tweak mortgage rates to boost housing market
- Muslim women break taboos navigating east London's waterways
- Nepal dam-building spree powers electric vehicle boom
- More than 60 dead from storm Helene as rescue, cleanup efforts grow
- Dozens missing, 9 dead in migrant boat wreck off Spanish Canaries
- Death toll from Hurricane John hits eight in Mexico
- Storm Helene's toll rises as rescue and cleanup efforts gain pace
- SpaceX launches mission to return stranded astronauts
- Storm Helene kills 44, threatens more 'catastrophic' flooding as cleanup begins
- SpaceX set to launch mission to return stranded astronauts
- Storm Helene kills 44, threatens more 'catastrophic' flooding
- Boeing strike grinds on as latest talks fail to reach agreement
- Iran 'news' sites, hackers target Trump ahead of US election
- US ports brace for potential dockworkers strike
- Japan's speedy, spotless Shinkansen bullet trains turn 60
- US hurricane deaths rise to 44, fears of more 'catastrophic' flooding
- Global stocks mostly rise, cheering Beijing stimulus
- Europe en route for Moon with new simulator, says astronaut Pesquet
- Fireworks forecast if comet survives risky Sun flypast
- Argentina judge orders dictionary to delete pejorative definition of 'Jewish'
- Global stocks rise on rate hopes, Beijing stimulus
- S.African woman turns 118, among the oldest in the world
- UK clears $4 bn AI partnership between Amazon, Anthropic
- Barca fans barred from Champions League away game over racist banner
- Chinese stocks extend surge, Europe higher on Beijing stimulus
- Pope says Church must 'seek forgiveness' for child sexual abuse
- China caps week of 'bazooka' stimulus for ailing economy with rate cut
- Cuts, cash, credit: China bids to jumpstart flagging economy
- France's debt weighs heavier ahead of budget debate
- Iran treads carefully, backing Hezbollah while avoiding war
- Return to sender: waste stranded at sea stirs toxic dispute
- 'Broken' news industry faces uncertain future
- On remote Greek island, migratory birds offer climate clues
- Taken from mother by nuns, victim seeks answers as pope visits Belgium
- China cuts amount banks hold in reserve to boost lending
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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
M.Davis--CPN