European markets, back on their right track
The European markets were encouraged by the Italian bank stocks. Italy's largest lender, Unicredit, divulged an aggressive reestablishment plan.
The bounce back fed the idea that the banking sector can get over the recent problems.
In Europe, FTSE 100 in London went up 0.52%, DAX in Germany rose 0.86%, FTSE MIB in Italy went up 1.92%, while CAC 40 in France added 0.81%.
In the United Kingdom, the annual rate of inflation rose by 1.2% in the month of November, reaching its highest level since October 2014.
The price of imports in UK were pushed by the Brexit. (Britain's vote to leave the European Union).
In November, the Bank of England declared that the inflation could increase by 2.8% by 2018. The Bank of England is expected to keep its interest rates steady at Thursday's meeting.
The pound went stronger after the reports and the GBP/USD pair went up 0.2% at 1.2705.
Citigroup Inc. is to pay $25 million amends
Citigroup accepted to pay the amends without denying the accusation
Netflix added 7.1 million new subscribers
Netflix Inc. managed to add in the last quarter of 2016 more subscribers than expected
Oil prices increased on Thursday
In recent trading session the oil prices went at their lowest point
The Federal Reserve Chair Janet Yellen is set to have another speech on Thursday
On Wednesday, Federal Reserve Chair Janet Yellen spoke about the interest rates and about the United States' economy
Gold prices tumbled on Thursday, during the European morning trade
The gold prices dropped below $1.200
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Citigroup Inc. is to pay $25 million amends
Netflix added 7.1 million new subscribers
