Consumer confidence nudged higher in March, a closely-watched survey showed on Friday, despite ongoing cost of living pressures.
The head of the US Department of the Treasury believed that extra steps would indeed be taken to stabilise the country's financial system - if necessary.
Financial markets' focus at the end of the week will be on a raft of purchasing managers' surveys scheduled for release in the UK, euro area and US.
Precious metals miners paced gains on Thursday as futures on the underlying metals surged amid concern around the global banking sector and helped by recent softness in the Greenback.
European shares ended the day on a mixed note but well off their worst levels as investors digested US policy announcements the night before.
Analysts at Deutsche Bank raised their target price on telecommunications firm BT 140. 0p to 150. 0p on Thursday, stating taxes had pushed the "lucky" group's price target higher amid "major challenges".
London stocks closed lower on Thursday following the decision by the Bank of England to hike interest rates by 25-basis points to 4. 25%, in a bid to combat rising inflation.
Ferrexpo revealed on Thursday that chief executive Jim North had acquired 83,772 ordinary shares in the FTSE 250-listed commodity trading and mining company.
Consumer confidence in the euro area was little changed in March.
London’s FTSE 100 was down 0. 6% at 7,523. 93 in afternoon trade on Thursday.
Empire Metals announced on Thursday that its maiden drill programme would begin by 31 March at the Pitfield Copper Project in Western Australia.
Shares in Inchcape fell sharply on Thursday, despite the automotive distributor reporting a rise in annual earnings driven by growth in new and used vehicle sales and higher prices.
Podcast specialist Audioboom reported impressive growth in both revenue and operating profits for 2022 in its final results on Thursday.
FTSE 250: 18,774. 07 +0. 09% at 1515 GMT.
Shares in Energean surged on Thursday as the gas producer almost doubled annual 2022 profits and said it expected output this year would reach 131,000-158,000 barrels of oil equivalent (boed) per day after the launch of its main Karish field off Israel.
Wall Street stocks were in the green early on Thursday as market participants continue to digest the central bank's latest interest rate decision.
Eco Animal Health announced on Thursday that it was now expecting to exceed market expectations for the financial year ending 31 March.
New home sales in the States grew more slowly than anticipated last month.
SRT Marine Systems said in an update on Thursday that it was expecting revenues of £30m for the year ending 31 March, making for a 265% increase year-on-year.
Oil and explorer 88 Energy announced successful progress in its drilling operation on the North Slope of Alaska on Thursday.
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