European Shares Edge Lower In Cautious Trade

European stocks traded lower on Tuesday, with elevated energy prices, political uncertainty in Germany and caution ahead of U.S. CPI data weighing on markets.

Thursday’s ECB meeting remains on radar, where a rate hike is expected. In economic releases, Germany’s exports decreased for the first time in six months in July, but the trade surplus increased more than expected due to the sharp fall in imports, official data showed today.