US. stocks edged higher amid robust earnings from Twitter to United Parcel Service, speculation about the Federal Reserve’s next leader and congressional action on taxes.
In currency news, the dollar climbed to a three-month high after the U.S. House passed a budget resolution on tax reforms and as speculation mounted a hawkish candidate may lead the Federal Reserve.
Europe
European stocks gained rising 1.3% after ECB President Mario Draghi pledged to maintain near-zero rates for as long as necessary.
The euro headed for its biggest weekly drop since March after the European Central Bank announced it will be buying bonds for a longer time, even as it plans to halve monthly purchases.
Asia
Asian equities rose overnight following positive corporate results from China to Japan. Chinese equities edged slightly higher rising just 0.1% while Japanese equities advanced 1.2%.
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