FTSE 100 (^FTSE)

GLOBAL MARKETS-Stocks gain as European shares hit new highs, dollar slips

World stocks edged higher on Thursday, helped by surging European stocks and a larger-than-expected rise in U.S. weekly jobless claims that buoyed interest rate cut hopes, while the dollar eased as the market awaits key inflation data next week. Two of BoE's nine rate setters, one more than in April, voted for a cut and Governor Andrew Bailey said more could be on the way than investors expect. The BoE sent a message that bets on the first cut being in August might be too conservative as it lowered its inflation forecasts for two and three years' time to 1.9% and 1.6% - below its 2% target - from its February projections of 2.3% and 1.9%.