STOXX 600 up 0.2
Britain39;s economy showed no growth on a monthonmonth basis
Commerzbank surges after Unicredit bought 9 stake

Sept 11 Reuters European shares opened higher on Wednesday, boosted by the tech and basic resources sectors, while investors awaited a key U.S. inflation reading for clues on the Federal Reserve39;s interest rate decision next week.

The panEuropean STOXX 600 index was up 0.2. All regional indexes were trading in the green.

Heavyweight ASML Holding39;s 3.8 gain caused the technology sector to rise 1.4.

Basic resources also provided support, gaining 1.2, as copper prices rose on a softer U.S. dollar.

Britain39;s benchmark FTSE 100 ticked up 0.4 after estimates of GDP data showed the UK39;s economic output showed no change in monthonmonth terms in July.

With only a handful of economic data out of Europe, investors are laser focused on U.S. consumer price figures set to drop at 1230 GMT.

Traders anticipate the Fed will cut interest rates at its meeting next week. However, there is some uncertainty regarding the extent of the rate cut. There is a 33 probability of a 50basispoint cut.

Global investors approached the markets with caution following the first debate between U.S. presidential candidates Kamala Harris and Donald Trump, which took place overnight. The debate lacked specific details, but betting markets shifted in favour of Harris after the event.

Investors are trying to grapple with an elevated degree of uncertainty. We39;re…