(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
April 12 (Reuters) - European shares were subdued on
Wednesday as investors remained cautious ahead of U.S. inflation
data that is expected to provide more clues on Federal Reserve's
policy decision next month.
The pan-European STOXX 600 index inched up 0.1% by
0707 GMT. Real estate shares led the gains, rising
1.3%, while food and beverages slid 0.6%.
Miners lost 0.6% after rallying in the previous
session.
All eyes will be on U.S. data, due at 1230 GMT (0830 ET),
which is expected to show a moderation in consumer prices growth
in March from a month ago but still high on a yearly basis.
Investors are still digesting International Monetary Fund's
(IMF) warning that lurking financial system vulnerabilities
could erupt into a new crisis and slam global growth this year.
Luxury group LVMH , Europe's most valuable company,
is due to report first-quarter sales after the markets close,
which will also be watched for indications on the strength of
China's recovery.
Shares of AB Volvo jumped 7.4% as the truck maker
reported record first-quarter profit on higher revenue and
margins.
(Reporting by Shubham Batra in Bengaluru; editing by Uttaresh
Venkateshwaran)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.