European equities are expected to open higher Wednesday following a positive lead from Asia overnight and Wall Street Tuesday.
Europe looks set to follow Asian stocks which largely advanced on Wednesday, recovering from the carnage in the previous session. Commodities will remain in focus for investors in Europe, however, with the mining and oil sector a cause for concern.
Crude oil futures fell in early Asian trade on Wednesday after U.S. inventories showed a weekly buildup in crude oil stockpiles that far exceeded analyst expectations, Reuters reported.
Source: CNBC
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