Market Update
European markets were lower Wednesday ahead of a batch of data from the euro-zone, including the November inflation report from the Bank of England.
The FTSE traded flat with a negative bias while the CAC 40 Paris declined 0.6%. The German DAX declined 0.3%.
Investors are also focused on industrial production data from the euro-area, and the unemployment rate in the U.K.
Deutsche Bundesbank President Jens Weidman is due to speak later in the day.
Stocks on the Move
Tullow Oil PLC slipped 1.6% after a trading update.
Banks were among the top losers with HSBC down a percent and Barclays PLC 1.8% lower. Standard Chartered dropped 3.1%.
BNP Paribas was marginally higher while Societe Generale was up 0.3%.
In Frankfurt, Audi traded flat while Volkswagen declined 0.2%.