European Stocks Edge Up Amid Hopes for ECB Cut, More China Steps

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European stocks fluctuated at the open on Wednesday as investors assessed the impact of a faltering rally in Chinese shares on sectors most exposed to the world’s second biggest economy.

-- European stocks edged higher on Wednesday as investors assessed prospects for an interest-rate cut by the European Central Bank next week and more China stimulus.

China said it would hold a briefing on fiscal policy on Saturday, as investors look to authorities in Beijing to set out additional measures to boost the world’s second-largest economy. The news helped trim Investors are also looking ahead to minutes from the Federal Reserve’s last policy meeting, due out later today, and fresh inflation and jobs data on Thursday for clues about the pace of further Fed rate cuts.

 

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