Shares in Europe open slightly higher Wednesday as concerns over \nthe Turkish currency crisis continue to affect investors\u2019 appetite. \nHowever, trading flows were also sluggish as a number of European \nbourses are closed due to a public holiday, including Italy, Greece and \nAustria.<\/p>\n\n\n\n
The pan-European Stoxx 600 was up by 0.18 percent with most sectors trading in positive territory.<\/p>\n\n\n\n
In Asian trading was mostly lower, failing to follow the positive \nbeat on the Wall Street. Investors remain wary of potential economic \nspill overs from Turkey, where a spat with the United States and certain\n economic policies have led to a sharp fall in the value of its \ncurrency. The lira was down about 2 percent against the dollar and the \neuro at about 6.20 a.m. London time.<\/p>\n\n\n\n
In other news, China has argued that the solar tariffs introduced by \nthe United States on Beijing earlier this year violate trade rules and \nhas issued a complaint at the World Trade Organization.<\/p>\n\n\n\n
Meanwhile, in the corporate world, Royal Bank of Scotland has \nannounced that it will pay $4.9 billion to settle a U.S. investigation \ninto misconduct between 2005 and 2008. Air France-KLM is to appoint Air \nCanada\u2019s chief operating officer Benjamin Smith as its new boss on \nThursday, according to local newspaper Liberation.<\/p>\n\n\n\n
On the earnings front, Vestas Wind and Balfour Beatty are due to announce their latest results.<\/p>\n\n\n\n
In the U.K., there will be core inflation numbers out at 9.30 a.m. London time.<\/p>\n","protected":false},"excerpt":{"rendered":"
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. The pan-European Stoxx 600 was up by 0.18 percent with most sectors […]<\/p>\n","protected":false},"author":1,"featured_media":129,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[12,13,46,78,85,92],"class_list":["post-195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-business","tag-economy","tag-european","tag-sentiment","tag-stocks","tag-turkey"],"yoast_head":"\n