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Euro zone Q4 wages data, Germany ZEW surveys due 1000 GMT

March 19 Reuters European stocks inched lower on Tuesday and were on track for the fourth straight session of losses, hurt by a decline in technology and financial services shares, ahead of key euro zone economic data due later in the day.

The panEuropean STOXX 600 index was down 0.1 by 918 GMT, following a 0.4 decline in technology shares.

The financial services index lost 0.5, weighed down by a 1.6 fall in Partners Group after the Swiss investment firm reported a flat annual profit.

Oil and gas shares led sectoral gains with a 0.7 rise.

The increasing intensity of Ukrainian missile attacks on Russian oil refineries has put a floor under oil prices … negative sentiment towards demand growth, which was keeping a cap on oil has also loosened, David Morrison, senior market analyst at Trade Nation, said.

On the data front, investors will keep an eye out for fourthquarter euro zone data on wages and labour costs, along with Germany39;s ZEW economic sentiment survey for March, all due for 1000 GMT.

However, the focus remains on the U.S. Federal Reserve39;s monetary policy decision on Wednesday, after last week39;s hotterthanexpected inflation data prompted traders to reduce their bets for a June interest rate cut.

The U.S. central bank is widely expected to hold rates, with all eyes on its economic…