It’s a busier day ahead on the economic calendar, with prelim private sector PMIs in focus. Cost pressures and deliveries will be the key areas of focus alongside the headline figures.
After a testy day for the majors on Wednesday, the focus shifts to consumer confidence figures and U.S jobless claims from the U.S. Corporate earnings will also influence, however.
After China’s weak GDP numbers on Monday, there are no major stats to shift the mood. Crude oil prices and inflation and corporate earnings will likely be key areas of focus.