European stocks are expected to open higher on Wednesday as global markets look to rebound from recent losses due to inflation concerns and the war in Ukraine.
President Joe Biden is heading to Brussels on Wednesday and on Thursday will attend an emergency NATO summit, meet G-7 leaders, and address EU leaders at a meeting of the European Council.
U.K. inflation came in at an annual 6.2% in February, its highest since March 1992, as soaring food, fuel and energy costs continue to deepen the country's cost of living crisis. LONDON — European stocks were little changed on Wednesday as global markets continued to assess inflation concerns and Russia's invasion of Ukraine.hovered around the flatline in early trade, with oil and gas stocks gaining 0.8% while banks fell 0.7%, shedding some of Tuesday's gains.on Wednesday, as investors monitored oil prices and continued to assess the outlook for U.S. Federal Reserve monetary policy.
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