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European equities edge higher as Fed-hike focus cools

European equity indices are higher on Wednesday, with the STOXX 600 up 0.3%. The move is described as recovery-focused, with oil prices nudging lower and expectations of a potential Federal Reserve rate hike put on the back burner for now.

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European equity indices were in recovery mode on Wednesday, with markets appearing focused on oil prices nudging lower and setting aside, for now, the prospect of a potential Federal Reserve rate hike. 3%, as was the FTSE 100 CURRENCYCOM:UK100.