Caution hangs over European stocks ahead of the release of US inflation data

Calm dominated trading in European stocks on Wednesday, as investors remained cautious ahead of the release of US inflation data, which is expected to provide more indications of the Federal Reserve’s decision on monetary policy next month.

The pan-European Stoxx 600 index was up 0.1 percent by 0707 GMT. Real estate shares led the gains, rising 1.3 percent, while food and beverage shares fell 0.6 percent.

Mining stocks fell 0.6 percent, after rising in the previous session.

All eyes will be on US data, due at 1230 GMT, which is expected to show consumer price growth moderated in March compared to the previous month and remained high year on year.