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·       European stocks edged higher Thursday morning, as elevated concerns over Italy's deepening political crisis showed signs of abating.

The pan-European Stoxx 600 was up around 0.1 percent during early morning deals, with most sectors and major bourses in positive territory.

 

·       Asian stocks rebounded from a two-month trough on Thursday and the euro enjoyed a respite after sinking to its lowest in 10 months as the political turmoil in Italy that roiled global financial markets showed signs of easing.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS gained 0.6 percent after slumping on Wednesday to its weakest since early April.

·       Japan’s Nikkei share average on Thursday bounced back from a six-week low as worries over Italy’s political crisis receded.

The Nikkei rose 0.83 percent to 22,201.82. On Wednesday, it hit 21,931.65, the lowest since April 18.

·       China stocks rebounded on Thursday, encouraged by strong data that helped ease concerns about an economic slowdown amid trade tensions and as worries over Italy cooled, while MSCI’s inclusion of Chinese shares in its global indexes from Friday also boosted sentiment.

For the day, the blue-chip CSI300 index rose 2.2 percent to 3,802.38 points, while the Shanghai Composite Index rose 1.8 percent to 3,095.47 points.

Referenece: Reuters, CNBC