Global markets remained cautious on Thursday as major European equity markets remained in red and government bonds maintained a sluggish tone. The majority of emerging stock markets lost ground in early European trade, trailing major global bourses lower amid weak corporate earnings reports, Eurobank Global reported.
"Regional currencies remained mixed today; today’s focus also lies on the upcoming April inflation data releases from Serbia and Poland," Eurobank Global said in a research report.
The Bank of England is expected to stay on hold at its monetary policy meeting today. However, market focus will be on the BoE Governor’s press conference and the updated BoE inflation report which is likely to show growth forecasts revised downward.
The EuroWorking Group in Greece is set to meet later today work on the technicalities of the contingency mechanism, as well as the modalities of debt relief before reporting back to the Eurogroup which is scheduled to meet on May 24.
Further, the ECB is likely to consider the reintroduction of Greek waiver at the June 2 meeting, conditional on the completion of the 1st programme review.
At 10:45AM GMT, Euro Stoxx 50 rose 0.35 pct to 2,966.05 while DAX rose 0.29 pct to 10,006.13.


Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Thailand Inflation Remains Negative for 10th Straight Month in January 



