European markets were muted on Wednesday as global investors await a crucial monetary policy decision from the U.S. Federal Reserve.
On the data front, final PMI readings for April are due from across the euro area on Wednesday morning, along with March's retail sales figures for the bloc., with the EU lining proposing additional oil sanctions on Russia as Russian forces continue to bombard targets in eastern Ukraine.
The European Commission on Wednesday put forward new sanctions against the Kremlin which will include a
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