European stocks were trading in a narrow range on Wednesday, April 3, and traders remained cautious ahead of a key inflation report that could affect expectations about the timing of the European Central Bank's first interest rate cut.
After a weaker-than-expected inflation report in Germany, the region's largest economy, on Tuesday, focus will be on the eurozone's March inflation report.
Excluding volatile components, consumer prices are expected to have risen 3% in March, down from a 3.1% gain in the previous month.
The technology sector rose 0.3% in volatile trading. A powerful earthquake in Taiwan raised concerns about potential disruption to the vital chip industry, which led much of the global rally in the last quarter.
