European investors also looked optimistically to Greece's return to the bond markets later on Thursday for further evidence that Europe's economic recovery is gathering pace, dampening the impact of gloomy Chinese exports data.
The MSCI All-Country World index rose 0.2 percent while the similar MSCI World Index, which only tracks stocks from developed economies, progressed by 0.3 per cent.
In Europe the MSCI Europe climbed 0.6 per cent while the FTSEurofirst 300 index of top European shares advanced 0.3 per cent.
The MSCI Emerging Market index rose 0.8 per cent.
The Fed minutes released on Wednesday fuelled a rally on Wall Street, where all three major US stock indexes ended up more than 1 per cent.
Financial markets also pushed out expectations of a first Fed rate hike by about six weeks, to July 2015, trading in interest-rate futures showed.
"The Fed minutes suggested that the Fed committee was not as hawkish as some had been led to perceive.The dollar traded flat against a basket of six major currencies.
Investors said that the tone of the Fed's minutes was likely to set up a supportive backdrop for Greece's return to the bond market just two years after it defaulted.Athens is launching a five-year benchmark bond via a syndicate of banks, and investor interest had already totalled 11 billion euros on Wednesday.
Brent crude futures eased towards $107 a barrel on Thursday on the back of the weak China trade data while gold scaled fresh two-week highs.