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Cooperation between NATO and the European Union (EU) was more important than at any time, US  Secretary of State Antony Blinken said in a statement on Thursday.

“I came here very much with one particular focus in mind, and that was to make clear the United States’ determination to revitalize our alliances and partnerships,”  Blinken said.

Meanwhile, the White House said in a statement that Biden told EU leaders that Washington and the EU must ensure that “democracies rather than autocracies set the rules of the road.”

Market reaction

The risk sentiment remains buoyed as stronger US data points to a robust recovery in the world’s biggest economy, boding well for the global equities.

The US dollar index eases from multi-month highs of 92.92, now trading at 92.78, still up 0.27% on the day.