Kevin Buckland

The dollar gained against European peers on Wednesday ahead of a highly anticipated reading of U.S. inflation, also boosted by a Reuters report China was considering allowing a weaker currency next year which sent the yuan and other Asian currencies lower.

Asian and European stocks rallied on Tuesday after tech companies spurred Wall Street to record highs overnight, while the dollar steadied after jumping the previous day.

A look at the day ahead in European and global markets from Kevin Buckland

A look at the day ahead in European and global markets from Kevin Buckland

Shikoku Electric Power suffered a large-scale blackout on Saturday night and will file a detailed report on the cause and the measures it will take to prevent a recurrence to Japan's Ministry of Economy, Trade and Industry, the company said.

Shares on Wall Street scaled record highs on Thursday, lifting stock markets around the world, while U.S. Treasury yields retreated further after the Federal Reserve cut interest rates and as investors processed a second Donald Trump presidency.

A look at the day ahead in European and global markets from Kevin Buckland

A look at the day ahead in European and global markets from Kevin Buckland

A look at the day ahead in European and global markets from Kevin Buckland

A look at the day ahead in European and global markets from Kevin Buckland