World stocks were climbing again Thursday on expectations that the European Central Bank may signal stronger support for the economy even if it leaves key policies unchanged.
Britain’s FTSE 100 was 0.7% higher at 7,270 in midday trading and the DAX in Germany also added 0.7% to 12,062. France’s CAC 40 rose more than 0.6% to 5,327.
Wall Street was positioned for a third straight day of gains, with the future contract for the broad S&P 500 index up 0.3% at 2,835. That for the Dow Jones Industrial Average also gained 0.3% to 25,627.
In Asia, benchmarks were mixed as traders kept a close watch on impending U.S. tariffs on Mexico.
Japan’s Nikkei 225 index was almost flat at 20,774.04 while the Shanghai Composite index lost 1.2% to 2,827.80 on Thursday. The benchmark in Shenzhen, a smaller, more domestic-oriented market, tumbled 2.1% to 1,463.70.
Hong Kong’s Hang Seng added 0.3% to 26,965.28 and Australia’s S&P ASX 200 advanced 0.4% to 6,383.00.
Benchmark U.S. crude picked up 38 cents to $52.06 per barrel in electronic trading on the New York Mercantile Exchange.
Brent crude oil, the international standard, added 66 cents to $61.29 per barrel. The contract shed $1.34 to $60.63 per barrel in the previous session.
The dollar retreated to 108.22 Japanese yen from 108.46 yen late Wednesday.
The euro strengthened to $1.1231 from $1.1221.