- US equity futures advanced, indicating a shaky comeback after Wednesday's turbulent day of losses on Wall Street. As investors analysed policy decisions made by significant central banks in the region, European stocks declined, with banks leading the decline.

- S&P 500 contracts increased 0.3%, while Nasdaq 100 contracts increased 0.8%. Before the Bank of England made a policy pronouncement, the Stoxx Europe 600 Index declined by 0.9%. After deterioration in their US rivals' stocks and Citigroup's downgrade of the sector's outlook, banking stocks lagged behind the market the most.

- The BoE is likely to keep up the fastest pace of interest rate increases in three decades, putting less weight on calls for a pause in light of recent financial system upheaval. As anticipated, the Swiss and Norwegian central banks both increased interest rates on Thursday and signalled additional increases in their campaigns to contain increasing consumer costs.

- In America After the Fed's anticipated 25-basis-point walk on Wednesday, Federal Reserve Chair Jerome Powell rebuffed predictions that rates would be cut this year and declared himself ready to keep raising borrowing costs until inflation began to slow. Stocks in the industry fell sharply after Treasury Secretary Janet Yellen told legislators that the government was not considering "blanket" deposit insurance to support American institutions.

- SNB: We cannot rule out additional rate increases in the near future.

- SNB's Chairman Jordan: Swiss banks are not exposed to US bank failures.