European stocks opened firmly higher Thursday as global markets return to their winning ways following a record-setting session on Wall Street and multi-year highs overnight in Asia thanks to a dovish account of the U.S. Federal Reserve's last policy meeting.
Britain's FTSE 100 is set to add gains at the opening bell, according to financial bookmakers IG, with a 38 point gain anticipated for the DAX performance index in Germany. France's CAC-40 is priced to rise around 15 points.
Currency markets in Europe, particularly with respect to the pound sterling, are set to be the early focus of trading Thursday ahead of the release of a second, more detailed, estimate of first quarter GDP growth in the United Kingdom.
This article was written by a staff member of TheStreet.