Premarket: Global stocks lifted by trade deal hopes, U.S. dollar holds post-Fed gains

News Snapshot:

World shares inched higher on Thursday buoyed by U.S. President Donald Trump’s promise of a first trade deal in his global tariff war – tipped to be Britain - while the dollar gained as markets pushed out the chance of near-term Fed rate cuts. Traders were also limbering up for an expected Bank of England quarter-point rate cut later in the day. Sweden and Norway had already left their rates steady, but both hinted at future cuts given all the global uncertainty. Europe’s main stock markets opened higher, led by a 1% rise from Germany’s export-heavy DAX and a 0.3%...