Shares in Europe open slightly higher Wednesday as concerns over the Turkish currency crisis continue to affect investors\u2019 appetite. However, trading flows were also sluggish as a number of European bourses are closed due to a public holiday, including Italy, Greece and Austria.<\/p>\r\n\r\n\r\n\r\n
The pan-European Stoxx 600 was up by 0.18 percent with most sectors trading in positive territory.<\/p>\r\n\r\n\r\n\r\n
In Asian trading was mostly lower, failing to follow the positive beat on the Wall Street. Investors remain wary of potential economic spill overs from Turkey, where a spat with the United States and certain economic policies have led to a sharp fall in the value of its currency. The lira was down about 2 percent against the dollar and the euro at about 6.20 a.m. London time.<\/p>\r\n\r\n\r\n\r\n
In other news, China has argued that the solar tariffs introduced by the United States on Beijing earlier this year violate trade rules and has issued a complaint at the World Trade Organization.<\/p>\r\n\r\n\r\n\r\n
Meanwhile, in the corporate world, Royal Bank of Scotland has announced that it will pay $4.9 billion to settle a U.S. investigation into misconduct between 2005 and 2008. Air France-KLM is to appoint Air Canada\u2019s chief operating officer Benjamin Smith as its new boss on Thursday, according to local newspaper Liberation.<\/p>\r\n\r\n\r\n\r\n
On the earnings front, Vestas Wind and Balfour Beatty are due to announce their latest results.<\/p>\r\n\r\n\r\n\r\n
In the U.K., there will be core inflation numbers out at 9.30 a.m. London time.<\/p>\r\n\r\n
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Shares in Europe open slightly higher Wednesday as concerns over the Turkish currency crisis continue to affect investors\u2019 appetite. However, trading flows were also sluggish as a number of European … <\/p>\n","protected":false},"author":1,"featured_media":1438,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,708],"tags":[207,1185,1210,664],"class_list":["post-55","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-economy","tag-european","tag-sentiment","tag-stocks","tag-turkey"],"yoast_head":"\n