European shares finished in positive territory Thursday as the ECB and the Bank of England kept interest rates unchanged.
European shares finished slightly higher Wednesday following positive comments from China's new leaders.
Asian shares hit a 16-month high on Wednesday, led by surging Chinese equities on hopes for stable growth, but concerns over whether U.S. lawmakers can break a budget impasse before year-end to avert a possible economic slump kept optimism in check.
European shares ended mixed Tuesday amid "fiscal cliff" discussions in the U.S., but losses were limited as EU finance ministers met in Brussels to discuss details of a possible banking union.
Futures were off their best levels Wednesday, but optimistic comments from China's new leader helped limit losses.
European shares closed off their best levels Monday after a report showed that U.S. manufacturing unexpectedly contracted in November.
European shares were flat on Friday as discussions over the U.S. "fiscal cliff" stalled.
Asian stock markets opened higher on Thursday, taking their cue from a rally on Wall Street that was driven by hopes that U.S. politicians will reach a compromise to avert the "fiscal cliff".