Market players are looking at the latest developments in discussions between US and Chinese officials during the two country's long-standing trade disputes.
White House's financial advisor Larry Kudlow said Wednesday that Washington and Beijing had done "good time" against a trade deal. According to Bloomberg, China will have until 2025 to meet commodity purchase obligations and provide US firms with their own Chinese businesses under the agreement.
President Donald Trump will meet with Chinese Vice President Liu He in Washington this Thursday. 19659002] Elsewhere, Brexit is another focus area for investors. UK legislators approved a bill on Wednesday that would force Prime Minister Theresa May to request a Brexit delay to prevent Britain from crashing out of the EU on April 1
Meanwhile, German factory orders fell 4.2 percent in February, data showed, marking its sharpest fall since January 2017. In other data news, the German construction PMI printing for March will be released later in the morning.