European stocks advanced on Wednesday and bond yields rose, as investors awaited the release of November inflation data for the single-currency bloc for directional cues.
Ahead of the ECB's interest-rate decision next month, ECB President Christine Lagarde said earlier this week that inflation in Europe hasn't reached its peak yet and it risks turning out even higher than currently expected.
Traders also await a speech by U.S. Federal Reserve Chair Jerome Powell later in the day for clues over the size of future rate hikes.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com