Risk appetite returned to European markets on Thursday, as investor confidence got a further boost from the news that the U.K. avoided a triple-dip recession in the first quarter.
Gains in Asia continued for a second session on Thursday but momentum was tepid due to a lack of fresh catalysts as investors look ahead to the Bank of Japan's policy decision due Friday.
U.S. stock index futures shaved their early gains following a weaker-than-expected durable goods orders report and as Apple shares weighed.
Trade in Asia's stock markets was relatively quiet on Monday with volume subdued because of holidays in Japan and China while disappointing U.S. economic growth dampened risk appetite.
European shares closed higher on Wednesday, after weak German business sentiment data spurred hopes the ECB might move to cut interest rates when it meets next week.
Asia's stock markets saw a return of risk appetite on Wednesday as major regional indices rose to fresh highs, boosted by a 1 percent rally on Wall Street.
Asian stock markets traded cautiously on Friday as investors digested a raft of regional corporate earnings and as attention turned to first-quarter U.S. GDP figures for signs of whether the rally on Wall Street can continue.
European shares were flat on Friday as talks over the "fiscal cliff" stalled.
President Barack Obama "essentially fired" Fed Chairman Ben Bernanke in televised remarks this week, former Federal Reserve Governor Laurence Meyer says.
Tuesday, 18 Jun 2013 | 6:00 PM ETHow to approach the Fed's monetary decision, with Mad Money host Jim Cramer.
Tuesday, 18 Jun 2013 | 12:01 PM ETThe Federal Reserve won't change course on quantitative easing this week, Steve Weiss of Short Hills Capital says.