Back in Europe, political uncertainty returned to Rome on Thursday after the country's presidentDraghi said he would quit as Italian leader after a political party in his ruling coalition refused to participate in a confidence vote earlier in the day. Italian President Sergio Mattarella rejected Draghi's resignation and asked him to address Parliament to get a clear picture of the political situation.
On the data front, a final reading of Italian inflation data for June is scheduled for release at around 9 a.m. London time.
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