European stock markets are expected to open higher Wednesday, taking their lead from gains in Asia rather than the weak close on Wall Street, ahead of key inflation data and an update from the Federal Reserve.
At 2:05 AM ET (0605 GMT), the DAX futures contract in Germany traded 0.4% higher, CAC 40 futures in France climbed 0.1% and the FTSE 100 futures contract in the U.K. rose 0.4%.
Asian markets pushed higher earlier Wednesday, bouncing after recent losses with sentiment boosted by the decision of the Reserve Bank of New Zealand to keep interest rates unchanged despite expectations of a hike.
