European stocks made a cautious start Wednesday as investors await the U.S. Federal Reserve’s interest rate decision and monitor developments ahead of the weekend’s U.S.-China trade tariff deadline.

The pan-European Stoxx 600 hovered around the flatline in early deals at 405.42, with basic resources the best performing sector, climbing 0.6% while telecoms led losses with a 0.4% decline.

The Fed’s final interest rate decision of the year is due later in the day stateside, with the central bank widely expected to hold rates steady.

Source : CNBC