European inches higher, U.S. futures up after Meta beat
Euro close to record tradeweighted high; oil steadies after tumble
Focus turning to U.S. GDP data later today

SYDNEY, April 27 Reuters The dollar remained under pressure and world share markets were trying to stay positive on Thursday, as ongoing rumbles in the U.S. banking system kept investors cautious ahead of a barrage of toptier European and U.S. data.

London, Paris and Frankfurt stocks nudged into positive territory as reassuring earnings from UK bank Barclays, Germany39;s Deutsche Bank and consumer goods giant Unilever added to Facebook owner Meta39;s pleasing overnight results.

UniCredit also caused a sigh of relief as it redeemed an 39;AT139; bond in the market39;s first test since Credit Suisse39;s collapse saw its AT1s wiped out and raised serious questions about the worth of the bonds as a capital tool more broadly.

AT1 bonds emerged from the financial crisis of 2008 as a way to boost bank capital while shifting the risk of losses away from taxpayers.

Elsewhere the mood was still nervy.

The 39;yield39;, or cost of borrowing, on the 1month Treasury bill headed higher again on concerns the U.S. could hit its selfimposed debt limit in the coming months, while oil traders were licking their wounds after some heavy falls on Wednesday.

In the currency market too the dollar was down for the sixth session in the last seven, although the euro was showing its standalone strength as it approached a record…