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.


Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Thailand Inflation Remains Negative for 10th Straight Month in January
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 



