Each of the major European indices are poised to give back weekly gains, according to opening price calls from financial bookmakers IG, although London's FTSE 100 is likely to track movements in the pound, which rose to 1.2871 against the U.S. dollar in overnight Asia trading.
The euro was also finding favor among global investors, rising to a nearly one-year high of 1.1351 against the dollar after yesterday's signal from European Central Bank President Mario Draghi on changing policy tools and moving to a more standard form of interest rate management amid improving growth and inflation dynamics in the currency area.
Asia stocks were hit firmly with sell orders Wednesday falling the biggest single-day decline on Wall Street for at least six weeks after Senate lawmakers killed a vote on Majority Leader Mitch McConnell's "Better Care Reconciliation Act" healthcare plan that appeared to lack the support of his Republican colleagues.
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