European stock markets edged higher Wednesday in cautious trading, as investors awaited the U.K. Budget as well as congressional testimony from Federal Reserve Chair Jerome Powell, ahead of a European Central Bank rate-setting meeting later in the week.
At 03:10 ET (08:10 GMT), the DAX index in Germany traded 0.1% higher, the CAC 40 in France traded largely flat, while the FTSE 100 in the U.K. climbed 0.1%.
European equities have started the session on a positive note, helped by stronger than expected German trade data for January, but investors appear to be wary of getting too involved ahead of the start of testimony from Fed chief Jerome Powell in front of Congress starting later in the session.
JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.
