German ZEW sentiment data at 0900 GMT
Tecan Group down after downbeat 2024 sales forecast
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STOXX 600 up 0.1

Aug 13 Reuters Europe39;s main stock index inched higher on Tuesday after presenting a flat note in the previous session, while investors awaited key U.S. data for more clues on the Federal Reserve39;s next rate move, although dour corporate earnings limited gains.

The continentwide STOXX 600 index was up 0.1 at 499.62 points, with utilities and financials were the top sector performers.

However, sentiment remained fragile as investors refrained from making large bets ahead of U.S. producer prices, set to drop at 830 a.m. ET 1230 GMT.

Economists polled by Reuters expect the monthonmonth producer price inflation to tick up 0.2 in July, unchanged from a month ago, while moderating to 2.3 on a yearly basis.

This will be followed by the crucial consumer price index CPI reading in the United States on Wednesday.

Markets are teetering between a potential 25 basispoint cut and a more aggressive 50 bps reduction at the Fed39;s September meeting.

Investor sentiment is still slightly rattled by what happened last week .. they39;re looking for confirmation and clarity about what39;s going on regarding CPI, said Teeuwe Mevissen, senior macro strategist at Rabobank.

Germany39;s economic sentiment data at 0900 GMT will also be closely monitored to assess the health of the region39;s economy.

Spanish benchmark IBEX 35 gained 0.3 as…