GLOBAL MARKETS-After Yellen's teaser comes Draghi the easer
* Euro on back foot ahead of ECB policy meeting
* European stocks up 0.4 percent, bond yields nudge up
* Dollar near 12-1/2-year high after Fed hike talk
* Precious and industrial metals languish
By Marc Jones
LONDON, Dec 3 (Reuters) - Investors were hoping for another bit of Mario Draghi magic on Thursday, after risk assets were left bruised by comments from the head of the Federal Reserve that she was "looking forward" to hiking U.S. rates.
European stocks were 0.4 percent higher and the euro was hovering near a 7-1/2-year low with Draghi expected to expand the European Central Bank's money printing programme later and cut its deposit rate again.
It followed a fresh spurt by the dollar overnight that had sent gold to a new 5-1/2-year low and other commodity and emerging markets tumbling again.
The move had been triggered by Fed head Janet Yellen who had said on Wednesday that raising U.S. rates, something it is expected to do for the first time in nearly a decade on Dec. 16, would be proof of the economy's recovery. Continuación...