“We’re going to see this rise in (UK) producer prices feeding through to higher consumer prices,” Sarah Hewin from Standard Chartered Bank told CNBC Friday. The long-term forecast for inflation, shown in next week’s inflation report, “will be below the 2% target over the medium term,” she added.

“Everyone is kind of anxious” ahead of the U.S. October jobs data Friday, Tze Ming Tey from Saxo Capital Markets told CNBC. If we “see a smaller decline in job losses … we could be nearing the peak as far as US unemployment goes,” he said. Paul Day from MIG Investments joined the discussion.

Deutsche Telekom posted a third-quarter core profit above expectations and confirmed its outlook Thursday. "It was, in fact, the strongest quarter we've ever had," CEO Rene Obermann said, adding that the earnings success was due to the group's "investing in future technologies (like) broadband (and) mobile internet."

"The euro zone is no worse off than the United States or the United Kingdom," Stephen Gallo from Schneider Foreign Exchange said Thursday. The euro is only strong because the dollar is weak, he said, adding that the "situation playing in the dollar and the pound is so much worse and that's to the ECB's credibility because they did not follow the United States and United Kingdom down the same road."

Toyota's results blew past expectations Thursday. The Japanese automaker posted a surprise quarterly profit and halved its annual loss forecast. "Toyota is still making a loss. It's still going to face a very difficult future ahead," Graeme Maxton from The Insight Bureau said. "This doesn't mean that the auto sector has turned around."

Tokyo stocks fell Thursday with the Nikkei 225 Average closing down 1.3% to its lowest level since October 6. The Nikkei's Asuka Kondo has the details.

UK industrial output rose faster than expected in September, data showed Thursday. "It adds to the raft of surveys and other evidence which casts doubt on the veracity of the Q3 GDP estimate," Michael Taylor from Lombard Street Research said. He sees the UK economy having exited recession in the third quarter.

Ahead of the Bank of England and European Central Bank decisions Thursday and a day after the Federal Reserve said it would keep rates low for "an extended period." Marc-Ali Ben Abdallah from Credit Agricole Asset Management and Sui Jau Wong from fundsupermart.com discuss the impact of the monetary stimulus.

“This is one of those situations where we have a glimpse of a recovery, but the jobs haven’t participated,” Margaret Towle, MD at Greycourt, told CNBC Wednesday. “Looking forward, it’s going to be more of a struggle,” she said, adding that she expects “an increased volatile environment.”

All eyes are on this Wednesday's Fed statement, but “there will not be any changes at this meeting and kind of holding steady for a while,” Margaret Towle, MD at Greycourt told CNBC Wednesday. The Fed will “wait for some better sides on the employment front,” she said. Richard Wilson from Threadneedle joined the discussion.

Societe Generale shares rose Wednesday after the French bank reported net profit doubled in the third quarter. "We had in the third quarter very strong performances in CIB … We have climbed in revenues," CEO Frederic Oudea said. "What it reflects is the stabilization of the macro-economic picture and the financial markets."

"The Hungarian stock market is very interesting because if you believe in a global recovery, Hungarian stocks provide a substantial opportunity for investors to benefit this," György Jaksity, chairman of Concorde, said Wednesday. "We are a small country, a small open economy, so we are very much dependent on what goes on in the rest of the world." He told CNBC some of the country's best plays.