Stoxx 600, DAX, FTSE, CAC

London – Investors While evaluating the latest trade news, corporate earnings and inflation data, European stocks opened higher on Wednesday..

Pan-Europe Stoxx 600 Shortly after the opening bell was 0.5% higher, most sectors and all large regional scholarships in the positive region.

Looking at the individual stocks, Zara owner Inditex The company increased by 6.7% in London (03:35 meat) after publishing its first half earnings. The second quarter sales of the company Weaker than expectedInditex said that the new autumn/winter collections were “well welcomed by customers” and jumped by 9% annually with fixed currency sales between 1 August and 7 September.

In a note sent to customers after the earnings statement, Citi strategists Entidex’s’ report shows “a significant acceleration in the current trade”.

“Momentum has developed significantly until the first 5WKS. [the third quarter]”They said.

Danish pharmaceutical giant shares elsewhere Novo Nordisk After the company announced that it would reduce approximately 9,000 jobs, it was 2.5% higher in early trade.

European markets will also focus on reports on a night that US President Donald Trump wants countries from EU to hit China and India with tariffs up to 100% compared to Russian oil purchases. The movement tries to increase the heat in Moscow to end the war in Ukraine, but it makes global trade relations even more destroying.

Inflation data focuses on global markets with key pressures from China overnight and is preparing to arrive from the United States later on Wednesday and tomorrow.

As the traders converted their attention to the launch of the latest manufacturer’s price index, S&P 500 futures rose slightly overnight. The report comes before reading a consumer price index, which is more closely monitored on Thursday.

According to Dow Jones, economists expect the report to increase by 0.3% monthly throughout the board of directors. If this happens, the annual headline tie ratio to 2.9%, while the nucleus reading is expected to remain unchanged at 3.1%.

If these figures come around the estimates, the US federal reserve is to make another ratio deduction at the next week meeting.

Meanwhile, Asia-Pacific markets rose overnight as investors evaluated August inflation data from China. According to the data obtained from the National Statistical Bureau, published on Wednesday compared to the expectations of a 0.2% decline by the economists who participated in the survey by Reuters, consumer prices in the mainland fell 0.4% annually in August.

– Nur Hikmah Md Ali and Jeff Cox from CNBC contributed to this market report.