European indexes rose on Thursday in tandem with their Asian counterparts. As of 13:28 GMT, the British FTSE 100 is up 62 points, or 1% to 6,332. Germany's DAX is up 136 points, or 1.40% to 10.053. France's CAC 100 is up 50 points, or 1.09% to 4,659.

U.S. indexes opened high, with Dow Jones up 25 points, or 0.15% to 16,950. NASDAQ is up 16 points, or 0.34% to 4,799. S&P 500 is up 6 points, or 0.33% to 2,000.

Crude oil was down due to worries of a large inventory build up in the U.S., with Brent crude futures for December down 36 cents, or 0.69% to $49.35 a barrel. U.S. oil futures are down a heftier 1.93%, or 91 cents to $46.29 a barrel.

Dollar clawed back some of its lost territories, as unemployment claims in U.S. retouched a 42-year low last week to come at 255K. Forecasters expected 269K claims. Also impacting it, U.S. Consumer Price Index for September fell 0.2% m\m, along with the forecasts. Core consumer index -which strips put volatile food and energy prices- rose 0.2% however, beating forecasts of a 0.1% rise.

The Dollar index (DXY) was up 0.56% to 94.50. Dollar erased all of its yesterday's losses against Euro, rising 0.80% to trade at 1.1383. Against Sterling it rebounded to 1.5429. It pushed back against the bullish Yen to 118.63 after falling earlier to 118.07.

Yen rose against Sterling to 182.94. Against Euro it shot to 134.92.

Spot gold is up two dollars, or 0.15% to $1,181 an ounce. Silver fell 4 cents to $16.07 an ounce.