STOXX 600 up 0.3
German economy shrank 0.1 in Q2
Sweden39;s PPI down 1.4 in July
Bunzl surges after raising annual profit forecast

Aug 27 Reuters European shares moved higher on Tuesday following a subdued start to the week, supported by heavyweight miners, although investors remained cautious ahead of key economic data this week.

The panEuropean STOXX 600 index was up 0.3 at 519.51 points.

The basic resources subindex was the top sectoral gainer in the region, jumping more than 1, as copper prices climbed to a near sixweek peak on optimism over a potential U.S. interest rate cut.

Germany39;s benchmark DAX was trading 0.4 higher after detailed GDP data released earlier in the day showed the economy shrank by 0.1 in the second quarter of 2024.

The Swedish benchmark index ticked up 0.1 after data signalled producer price index was down 1.4 in July.

Investors remained on the sidelines, as they wait for more key economic data from Germany, Spain, France and Italy this week.

Germany39;s benchmark DAX was trading 0.4 higher after detailed GDP data released earlier in the day showed the economy shrank by 0.1 in the second quarter of 2024.

The Swedish benchmark index ticked up 0.1 after data signalled producer price index was down 1.4 in July.

Investors remained on the sidelines, as they wait for more key economic data from Germany, Spain, France and Italy this week.

However, AIsector darling Nvidia39;s secondquarter results on Wednesday will take centrestage, with…