Here is your round-up of the financial news of around the world:
1. European stocks open higher Thursday ahead of three significant event risks later in the session, including what could be the most important U.K. general election in a generation.
2. The pound, which has gained some 3% against the U.S. dollar since May called the snap poll on April 18, held at a near two week high of 1.2950 in overnight trading while 10-year U.K. government bond yields, known as Gilts, remained fixed at a seven-month low of 0.98%.
3. Global oil prices rebounded modestly from Wednesday’s massive 5% slide, prompted by a much larger-than-expected 3.3 million increase in U.S. crude stocks, with investors snapping up cheap oil with a slightly firmer U.S. dollar.
4. WTI futures for July delivery were marked 0.5% higher at $45.72 per barrel while Brent contracts for August delivery were seen 0.64% higher at $48.37 per barrel.
European Stocks Called Higher as Britain Heads to the Polls, ECB Meets in Tallinn