Shares in Europe open slightly higher Wednesday as concerns over \nthe Turkish currency crisis continue to affect investors\u2019 appetite. \nHowever, trading flows were also sluggish as a number of European \nbourses are closed due to a public holiday, including Italy, Greece and \nAustria.<\/p>\n\n\n\n
The pan-European Stoxx 600 was up by 0.18 percent with most sectors trading in positive territory.<\/p>\n\n\n\n
In Asian trading was mostly lower, failing to follow the positive \nbeat on the Wall Street. Investors remain wary of potential economic \nspill overs from Turkey, where a spat with the United States and certain\n economic policies have led to a sharp fall in the value of its \ncurrency. The lira was down about 2 percent against the dollar and the \neuro at about 6.20 a.m. London time.<\/p>\n\n\n\n
In other news, China has argued that the solar tariffs introduced by \nthe United States on Beijing earlier this year violate trade rules and \nhas issued a complaint at the World Trade Organization.<\/p>\n\n\n\n
Meanwhile, in the corporate world, Royal Bank of Scotland has \nannounced that it will pay $4.9 billion to settle a U.S. investigation \ninto misconduct between 2005 and 2008. Air France-KLM is to appoint Air \nCanada\u2019s chief operating officer Benjamin Smith as its new boss on \nThursday, according to local newspaper Liberation.<\/p>\n\n\n\n
On the earnings front, Vestas Wind and Balfour Beatty are due to announce their latest results.<\/p>\n\n\n\n
In the U.K., there will be core inflation numbers out at 9.30 a.m. London time.<\/p>\n","protected":false},"excerpt":{"rendered":"