Wall Street stocks closed higher on Wednesday as investors digested some solid figures from major retailers and minutes from the last meeting of the Federal Open Market Committee to be published.
US oil stockpiles fell by more than expected last week on the back of a sharp drop in net imports.
Markets' attention on Thursday will flip remain firmly on Europe - barring surprises.
Commodity prices were edging higher in the middle of the week, buoyed by data showing a larger than expected drop in US crude oil inventories and an improved risk appetite in financial markets.
Sterling drifted slightly lower on Wednesday following the release of data showing a narrower than expected fiscal surplus for July as the government ramped up its Brexit preparations.
Stocks across the Continent bounced back on Wednesday amid reports of possible progress on crafting a new government coalition in Italy which would avoid having to call fresh elections.
London stocks finished higher on Wednesday, helped by a weaker pound as investors eyed minutes from the US Federal Reserve's latest policy meeting which were due out later in the day.
European Union antitrust regulators have kicked off a probe on Facebook’s cryptocurrency Libra project reported Bloomberg.
Hollywood Bowl revealed on Wednesday that chief marketing and technology officer Matthew Hart had disposed of 238,000 ordinary shares in the London-listed group.
Victrex got a boost on Wednesday as Barclays upgraded its stance on shares of the provider of high-performance polymer solutions to 'equalweight' from 'underweight', lifting the price target to 2,020p from 1,990p and highlighting 20% upside to consensus estimates for 2021 earnings per share.
US retailer Target upped its full-year profit guidance on Wednesday after turning in stronger-than-expected second-quarter results.
Analysts at Canaccord Genuity raised their target price on shares of Tullow Oil following the oil explorer's recent success at the Jethro-1 exploration well offshore Guyana.
Galileo Resources is set to apply for a mining permit for its Star Zinc Project near Lusaka, Zambia, after completing an initial inferred resource estimate on Wednesday that supported its initial estimates.
Wall Street stocks opened higher on Wednesday as investors digested some solid figures from some major retailers while they waited for minutes from the last meeting of the Federal Open Market Committee to be published.
Randall & Quilter Investment Holdings announced on Wednesday that its wholly-owned subsidiaries, Accredited Surety and Casualty Company (Accredited US) and Accredited Insurance Europe, had recently completed a number of new programme partnerships as they continued to deliver on their objective of being the “partner of choice” for managing general agents requiring high-quality licenced European and US insurance capacity.
London's FTSE 100 was up 1. 1% at 7,206. 07 in afternoon trade on Wednesday as sterling fell on Brexit concerns ahead of Prime Minister Boris Johnson's meeting with German Chancellor Angela Merkel.
London's FTSE 250 was up 0. 97% at 19,193. 03 in afternoon trade on Wednesday, with Amigo Holdings leading the index higher ahead of the release of its interim results next week.
Oil and gas exploration and production company Regal Petroleum updated the market on the reserves and contingent and prospective resources at its wholly-owned and operated Vasyschevskoye (VAS) gas and condensate licence in Ukraine on Wednesday.
Analysts at Canaccord Genuity upped their rating on pub operator Mitchells and Butlers to 'buy' from 'hold' on Wednesday, stating that bids elsewhere in the sector had ignited a reappraisal of the group and its shares.
The future of the HS2 high-speed rail project was thrown into some doubt on Wednesday, as the government announced a review with the promise of a “go or no-go” decision by the end of the year.