European stocks waver in early trade

The main European stock markets are moving in disorder but with small differences at the start of the session on Wednesday, torn between the publication of a few company results, the Taiwanese file and the tone considered restrictive taken the day before by several managers of the US Federal Reserve.

In Paris, the CAC 40 gained 0.05% to 6,406.75 points around 07:40 GMT. In London, the FTSE 100 fell 0.26% and in Frankfurt, the Dax fell 0.24%.

The EuroStoxx 50 index is up 0.07%, the FTSEurofirst 300 is down 0.14% and the Stoxx 600 is down 0.15%.

Several Federal Reserve officials, including „doves” Mary Daly and Charles Evans, said on Tuesday that they and their colleagues remained committed and „totally united” to raise U.S. interest rates to a level that would curb more significantly economic activity and bring inflation under control.

On the diplomatic front, China strongly condemned the visit to Taiwan by Speaker of the US House of Representatives Nancy Pelosi, who hailed in front of the parliament in Taipei „one of the freest societies in the world”.

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