Here is your round-up of the financial news from around the world:

1. European stocks are looking to rise for a third consecutive session as global markets extend a rally that has lifted benchmarks to all-time highs amid surging U.S. corporate earnings and a steadying political landscape

2. Credit Suisse (CS - Get Report)  shares will also be in focus in Zurich after the bank said it will raise around $4 billion in a rights issue that will seek to bolster its balance sheet

3. Daimler AG  (DDAIY)  said its sees sees "significant" earnings growth for the coming year after confirming that its first quarter operating profits surged past €4 billion

4. Crude came under further pressure overnight after data from the American Petroleum Institute showed that U.S. crude inventories rose by 879,000 barrels last week to a fresh record high of 532.5 million

5. Early indications from U.S. futures prices are suggesting a third day of gains for Wall Street, with the Dow poised to gain 20 points at the bell

This article was written by a staff member of TheStreet.