European markets are set for a slightly lower open on Wednesday, tracking global sentiment as investors await a key meeting of central bankers.
Back in Europe, Germany's Ifo Institute will publish its August business climate and expectations indexes at 9 a.m. London time on Wednesday, offering an insight into the state of the recovery for Europe's largest economy.
In the U.K., retailers reported the sharpest increase in spending for almost seven years in August but inventories fell to the lowest levels on record, exerting pressure on prices, data from the Confederation of British Industry showed on Tuesday. WHO Director-General Tedros Adhanom Ghebreyesus will give a news conference Wednesday to document the latest developments in the Covid-19 pandemic.
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