European markets edged cautiously higher on Wednesday as investors continue to await direction on U.S.-China relations and react to corporate earnings.
The pan-European Stoxx 600 was closed 0.21% higher to 405.07, with stocks in the baskets of autos, construction and basic resources struggling the most. Chemicals and food & beverages logged positive gains.
The FTSE 100 in London closed almost exactly flat for the day at 7387.
China is reportedly pressing U.S. President Donald Trump to roll back tariffs the U.S. imposed in September before a “phase one” trade deal is signed between the world’s two biggest economies.