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European stocks steady, while oil rises before CPI
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PerthNow
Markets remained focused on US consumer prices data later in the session for signals of timing for a potential Federal Reserve rate hike.
Consumer prices are expected to edge up 0.1 per cent in July after falling 0.4 per cent in June, according to a Reuters poll.
Annual CPI inflation is forecast to slow to 3.4 per cent from 3.5 per cent a month earlier.
The dollar index, which measures the currency against a basket of currencies, rose less than 0.1 per cent to 99.86.
Spot gold rose one per cent to $US4,409 an ounce, while spot silver rose two per cent to $US66.04 an ounce.