European shares trade flat; basic resources shine

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European shares trade flat; basic resources shine
Basic ResourcesEuropean Shares
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European shares were flat on Wednesday as investors awaited the minutes of the Federal Reserve's July meeting to further gauge the mood of policymakers...

- European shares were flat on Wednesday as investors awaited the minutes of the Federal Reserve's July meeting to further gauge the mood of policymakers, while basic resources kept the index afloat.

With no data coming out of Europe on Wednesday, investors await the Fed minutes due later in the day that are expected to reinforce a dovish stance. Among individual stocks, Voestalpine rose to the top of the European benchmark, gaining 3.8% after Morgan Stanley upgraded its rating on the stock to "overweight" from "equal-weight".

Sonova Holding AG dropped 3.2% after Morgan Stanley downgraded the stock to "underweight" from "equal-weight".ISLAMABAD — After six days of being stranded on a remote peak in Pakistan’s northeast, two injured Russian climbers were finally rescued, while another remains missing and is presumed dead, a mountaineering official said Wednesday.Clean Bandit: We were told to stop making pop musicThe Office for National Statistics said public sector net borrowing stood at £3.

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