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DAX in Germany traded 1.5% higher, the CAC 40 in France rose 1.6%, while the U.K.'s FTSE index was up 0.8%.
Capgemini (PA:CAPP) stock rose 2.3% after the French consulting and IT services provider said it expected double-digit revenue growth in 2020 driven by a gradual second-half recovery.

Staying in France, Iliad (PA:ILD) gained 0.6% after the telecommunications company reported rising first half net profit and revenue despite taking a hit from the coronavirus pandemic. Drinks companies Remy Cointreau (PA:RCOP) and Campari (MI:CPRI) both hit their highest level in a year.
U.S. crude futures traded 0.7% lower at $41.23 a barrel, while the international benchmark Brent contract fell 1% to $43.99. Both benchmark contracts saw falls of more than 2% on Wednesday, with WTI sliding to its lowest close in nearly four weeks and Brent at its lowest since Aug. 21. Gold futures fell 0.2% to $1,941.35/oz.

GBP/USD drops to 1.3328, down 0.17% on a day, while heading into the London open on Thursday. In doing so, the Cable extends the previous day’s losses, piled mainly due to the downside comments from the BOE members, Brexit pessimism and the broad US dollar recovery. EUR/USD is down for the third consecutive session on Thursday, coming under renewed and strong selling pressure in response to the pick-up in the demand for the greenback and profit taking in the riskier assets. Dollar Index, which tracks the greenback against a basket of six other currencies, was up 0.2% at 93.058, moving around 1% above the 28-month low it hit against a basket of currencies on Tuesday, and threatening its first back-to-back daily gains since June.

DAX in Germany traded 1.5% higher, the CAC 40 in France rose 1.6%, while the U.K.'s FTSE index was up 0.8%.
Capgemini (PA:CAPP) stock rose 2.3% after the French consulting and IT services provider said it expected double-digit revenue growth in 2020 driven by a gradual second-half recovery.

Staying in France, Iliad (PA:ILD) gained 0.6% after the telecommunications company reported rising first half net profit and revenue despite taking a hit from the coronavirus pandemic. Drinks companies Remy Cointreau (PA:RCOP) and Campari (MI:CPRI) both hit their highest level in a year.
U.S. crude futures traded 0.7% lower at $41.23 a barrel, while the international benchmark Brent contract fell 1% to $43.99. Both benchmark contracts saw falls of more than 2% on Wednesday, with WTI sliding to its lowest close in nearly four weeks and Brent at its lowest since Aug. 21. Gold futures fell 0.2% to $1,941.35/oz.

GBP/USD drops to 1.3328, down 0.17% on a day, while heading into the London open on Thursday. In doing so, the Cable extends the previous day’s losses, piled mainly due to the downside comments from the BOE members, Brexit pessimism and the broad US dollar recovery. EUR/USD is down for the third consecutive session on Thursday, coming under renewed and strong selling pressure in response to the pick-up in the demand for the greenback and profit taking in the riskier assets. Dollar Index, which tracks the greenback against a basket of six other currencies, was up 0.2% at 93.058, moving around 1% above the 28-month low it hit against a basket of currencies on Tuesday, and threatening its first back-to-back daily gains since June.

DAX futures contract in Germany traded 0.6% higher, CAC 40 futures in France climbed 0.7%, while the FTSE 100 futures contract in the U.K. rose 0.8%.
Unilever (NYSE:UL) said Wednesday it would invest 1 billion euros to eliminate fossil fuels from its cleaning products by 2030.

The banking sector was also in focus, after the Swiss financial supervisor said it has opened enforcement proceedings against Credit Suisse (SIX:CSGN) over a 2019 spying affair, in which it hired investigators to track a departing manager. The Danish financial watchdog was also launching a probe into Danske Bank (CSE:DANSKE) over its handling of debt collection errors.

Oil prices posted gains Wednesday, boosted by a larger-than-expected drop in U.S. crude stockpiles and signs of recovery in the manufacturing bases of both the U.S. and China, the two largest economies in the world. U.S. crude futures traded 0.9% higher at $43.16 a barrel, while the international benchmark Brent contract rose 0.9% to $45.98. Gold futures fell 0.4% to $1,970.70/oz.

GBP/USD: Keeps losses from yearly top below 1.3400, BOE’s Bailey eyed. EUR/USD: Ingredients are in place for a resumption of the rally. Dollar buoyed by upbeat U.S. economic data.

DAX futures contract in Germany traded 0.6% higher, helped by reports that the German government will revise up its forecasts for growth this year when it publishes updated forecasts later. The CAC 40 futures in France climbed 0.4%, while the FTSE 100 futures contract in the U.K. fell 0.6%.

Old Mutual (LON:OMU)reported Tuesday a net loss for the first half of the year, and the South Africa-based, financial-services company suspended its dividend payout due to the pandemic.

Lagardere (PA:LAGA) could also be in the spotlight amid a potential legal battle with its two largest shareholders, French media conglomerate Vivendi (PA:VIV) and activist fund Amber Capital, over boardroom representation.

U.S. crude futures traded 1% higher at $43.02 a barrel, while the international benchmark Brent contract rose 1% to $45.74. Gold futures rose 0.8% to $1,994/oz, while EUR/USD traded 0.4% higher at 1.1989.

GBP/USD clocks in fresh 2020 high above 1.3400, eyes UK/US PMIs, Brexit talks.
EUR/USD is trading closer to 1.20, a two-year high. In the long-term, a close above 1.2015 would target 1.2630 the 200-month MA.
Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.3% at 91.860, having earlier reached a two-year low of 91.773.

DAX futures contract in Germany traded 0.5% higher, the FTSE 100 futures contract in the U.K. rose 0.4%, while CAC 40 futures in France climbed 0.3%.

Norwegian Air Shuttle (OL:NORR) is likely to be in focus Friday after it warned that there is "significant" doubt over its ability to continue as a going concern if it can't meet its financial obligations next year.

Sanofi (PA:SASY) said Friday that it intends to start a tender offer for the acquisition of U.S.-based biopharmaceutical company Principia Biopharma (NASDAQ:PRNB).

U.S. crude futures traded flat at $43.05 a barrel, while the international benchmark Brent contract rose 0.1% to $45.65. Gold futures rose 0.9% to $1,949.50/oz.

GBP/USD defies the previous day’s pullback from yearly high of 1.3284, stays bid near intraday top.
Brexit woes, surge in virus cases at home mostly ignored as US dollar trims Thursday’s gains.
BOE’s Bailey to be the second key central banker at Jackson Hole after Fed’s Powell played well.
EUR/USD is still expected to navigate within the 1.1740-1.1930 range for the time being.
Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.4% at 92.653.

DAX in Germany traded 0.1% higher, the CAC 40 in France fell 0.2% and the U.K.'s FTSE index was down 0.2%.
Oil prices were stable Thursday as Hurricane Laura made landfall, threatening to devastate the U.S. Gulf Coast, an area with nearly half of America’s refining capacity. U.S. crude futures traded 0.1% higher at $43.42 a barrel, while the international benchmark Brent contract rose 0.3% to $46.29. Gold futures rose 0.1% to $1,954.65/oz, while EUR/USD traded up 0.1% at 1.1835.

Rolls-Royce (OTC:RYCEY) Holdings (LON:RR) stock dropped 7.3% after the U.K. engineering company reported a large pretax loss for the first half of the year, and couldn’t recommend a dividend.

Advertising group WPP (LON:WPP) rose 5.4% after it resumed paying a dividend after cost cuts helped it to beat dire forecasts for second-quarter trading.

Bouygues (PA:BOUY) climbed 2.9% despite the French construction and media conglomerate reporting a net loss for the first half of 2020. It expects significant profitability in the second half of the year.

GBP/USD extends the Asian consolidative mode into the European session on Thursday, having witnessed a sharp rise to 1.3220 levels in the US last session. EUR/USD is posting modest gains in the 1.1840 region. US Initial Claims, flash Q2 GDP figures next of note in the docket. The dollar edged lower in early European trade Thursday, with investors looking to Federal Reserve Chairman Jerome Powell for guidance as to how the central bank might alter its policy framework to help the U.S. recovery. The dollar index was down 0.1% at 92.942.