Premarket: Global stocks sluggish after Fed signals no quick rate cuts

News Snapshot:

World markets wobbled in Thursday trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates, while the yen backtracked after another suspected bout of foreign-exchange intervention. Europe’s big bourses made a sluggish start as much of the region returned from a day off, but after a choppy few weeks dealers were relieved the Fed hadn’t inflicted any major damage, and that borrowing costs were ticking down again. European markets opened mixed ahead of another busy day for corporate earnings. In early trading, Britain’s FTSE rose 0.31 per cent, Germany’s DAX edged 0.08...