India, June 5 -- European stocks were slightly higher on Thursday ahead of an expected rate cut from the European Central Bank later in the day.
In economic releases, Germany's factory orders increased for the second straight month in April, though at a slower pace, data from Destatis showed earlier today.
Factory orders rose 0.6 percent month-on-month in April, following a revised 3.4 percent rise in March. Meanwhile, orders were forecast to fall 1.0 percent.
On a yearly basis, factory orders logged an expansion of 4.8 percent, faster than the 3.7 percent growth in the prior month.
Elsewhere, the U.K.'s Office for National Statistics has said that the annual inflation rate for April was overstated due to a data error stemming from a go...