Global Market: European Shares Flat as Middle East Risks Weigh; Fed Minutes in Focus

Global Market: European shares flat as Middle East risks weigh; Fed Minutes in focus

European shares were largely flat as Middle East tensions kept investors cautious ahead of the Federal Reserves July meeting minutes. Gains in basic resources stocks, supported by higher gold prices, offset technology losses caused by rising bond yields. UK inflation also accelerated, adding uncertainty over interest rates and the broader European monetary-policy outlook.

European shares muted as mining gains offset Middle East jitters

Aug 19 (Reuters) - European shares were flat on Wednesday due to Middle East uncertainty, while gains in basic resources ​stocks, supported by higher gold prices, ‌provided some support ahead of the release of minutes from the U.S. Federal Reserve's Ju...