Global stock markets were up—along with the dollar—with sentiment further buoyed by the prospect that the Trump administration will announce a trade-deal framework with the U.K.

U.S. stock index futures rose on Thursday over optimism that the Trump administration was on the cusp of a breakthrough on trade policy, while chip stocks gained after news that a plan for fewer export curbs was in the offing.

Stock index futures gained on Thursday as President Donald Trump could unveil a trade deal, while investors assessed the Federal Reserve's decision to keep rates steady.