FXStreet (Mumbai) - The stock markets across Europe advanced on Thursday following a positive action on the Wall Street and uptick in the Asian stocks. At the time of writing, the pan-European Euro Stoxx 50 index was up 0.80%. Germany’s DAX and France’s CAC were up 0.30% each. Meanwhile, the mining-heavy UK’s FTSE index was up 1.4%. Shares in Credit Suisse dropped 12% after the lender posted a pre-tax loss for last year. Shares in UK’s Vodafone were trading mildly higher after the telecom company reported a 1.4% rise in third-quarter revenue. The risk-on in the equities in Europe and across the globe largely appears due to increased prospects of a delay in the Fed rate hike after Fed’s Dudley expressed concerns regarding global economic and market downturn. For more information, read our latest forex news.