Round-Up of the Financial News From Around the World

This is what you need to know before markets open:

1. European stocks open higher for the first day in three Thursday as investors move on from an inconclusive report from the Federal Reserve's last rate setting meeting and focus on the region's economic prospects.

2. Reckitt Benckiser (RBGLY)   said Thursday that its second quarter revenues will take a significant hit as a result of the impact of the petya cyber attack that spread across Europe and Asia late last month.

3. Global oil markets edged higher in overnight trading after the steepest loss in two week yesterday, with prices supported by data from the American Petroleum Institute that U.S. crude stocks fell by a larger-than-expected 5.8 million barrels last week as cheap gas prices enticed increased domestic demand.

4. Commerzbank AG (CRZBY)   shares rose to the top of the market in Germany on speculation the country's second-biggest lender could see an investment from buyout firm Cerberus Capital Management.

5. Wall Street is looking at a modest pullback at the opening bell, according to U.S. equity futures, with the Dow Jones Industrial Average priced to a 10 point, or 0.04%, decline and the broader S&P 500 set to slip around 3.6 points, or 0.15%. The tech and healthcare-focused Nasdaq is priced to dip around 0.2% at the start of trading Thursday.