European shares recovered on Wednesday after two consecutive sessions of losses, as a pause in the recent oil price rally helped ease pressure on risk assets ahead of the U.S. Federal Reserve's monetary policy decision.
The pan-European STOXX 600 gained 0.4% to 636.81 points by 0705 GMT, while Germany's DAX also advanced 0.4%. Most major European markets traded higher as investors assessed the outlook for interest rates and inflation.