European stocks have shrugged off renewed hostilities between Iran and the United States as oil prices edged up, with investors also focused on upcoming US inflation data that could influence the rates outlook.
The pan-European STOXX 600 index rose 0.1 per cent on Wednesday, with gains across most sectors.
That was in contrast with a loss of 2.3 per cent for MSCI's broadest index of Asia-Pacific shares outside Japan, where the tech-heavy South Korean KOSPI lost 4.5 per cent as AI stocks came under pressure.
