European stock markets pushed higher on Thursday as traders waited for news of the latest EU inflation data.
Japan's Nikkei share average eased slightly on Thursday but stayed on track for its best month in two years, as bets on a peak in U.S. interest rates buoyed equities globally. Japanese stocks also got a boost from a robust corporate earnings season earlier this month, as a weaker yen buoyed exporters and retailers successfully passed on higher costs to consumers. The Nikkei entered the midday recess down 0.2% at 33,255.37.
Pressure on the dollar has continued to rise after a US Federal Reserve official said monetary policy is well positioned to slow the US economy and get inflation back to target.