- Shares and US equity futures rose ahead of a report expected to show a slowing in US inflation, which will help shape the Federal Reserve's next steps.
- The STOXX 600 Index in Europe reached a three-week high. Oil rebounded after OPEC+ leaders Saudi Arabia and Russia reaffirmed their close cooperation to support the crude market, propelling energy shares higher.
- US futures rose after the S&P 500 gained for the fourth day in a row on Wednesday, its longest winning streak since August. Ford Motor Company fell in pre-market trading after union workers at its largest plant, a highly profitable pickup plant in Kentucky, went on strike.
- IEA: OPEC+ voluntary cuts to keep market in deficit in Q4, but if extra cuts are unwound in January the balance could shift to a surplus.
- Sterling weakened after UK GDP data was inline with expectations.