Reuters

European shares opened higher on Friday, as fears of a full-blown trade war were kept in check and optimism about the next corporate earnings season grew.

China’s trade surplus with the US swelled to a record in June as its exports accelerated broadly.

Donald Trump gave an angry ultimatum to European allies on Thursday, warning a NATO summit the United States could withdraw its support

The U.S. dollar held steady at a six-month high against the Japanese yen and a two-month high against the Swiss franc on Thursday

U.S. consumer prices barely rose in June, but the underlying trend continued to point to a steady buildup of inflation pressures that could keep the Fed on a path of gradual rate increases.

Oil prices rallied on Thursday, recouping some ground after sharp losses the previous session when Libya said it would resume oil exports.

Nickel rebounded on Thursday to its highest in a week as investors scrambled to buy at levels they regarded as cheap after steep losses amid fears of a trade war.

Stocks and commodity markets regained some poise on Thursday, having suffered wild tailspins in the previous session as the U.S. ratcheted up trade war threats on China.

The pound rose on Thursday as traders bet that a Brexit white paper policy document could help restart negotiations on trade between the E.U. and Britain.

Oil prices rallied on Thursday, recouping some ground following sharp losses the previous session after Libya said it would resume oil exports.