Europe moves higher after Fed chair sign rates are nearing neutral

Back in October, Powell stated that the U.S. Det var en "lang vej" fra hitting neutral, da det kom til renteniveauer – hvilket viste til markederne på det tidspunkt, at flere renteforhøjelser var på horisonten. Following Powell's comments on Wednesday, Wall Street saw stocks leap with the Dow seeing its largest rally in eight months, closing up over 600 points up and supported Asian trading too.

Sticking with central banking news, the Bank of England claimed that a "disorderly" departure from the European Union would put the UK economy under severe pressure and could be more painful for the U.K. than the global financial crisis was.

In individual stocks news, Britvic shares rose more than 4 percent after it said its sugarless drinks had boosted sales.