European shares muted ahead of more economic data
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European shares were flat on Tuesday as gains in industrials were offset by losses in miners, while investors awaited a raft of economic data that will shed more light on the monetary policy path for the euro zone and the United States. The pan-European STOXX 600 index was flat by 0717 GMT, with German stocks inching 0.1% higher after notching a record close in the previous session. Rolls-Royce provided the biggest boost to industrials with a 4.2% rise after Hong Kong's Cathay Pacific said three of the 48 Rolls-Royce-powered planes it had inspected had already gone through successful repairs and all of the jets were expected to resume operation by Saturday. Miners slid 0.6% as prices of nonferrous metals fell, weighed down by a firm dollar and demand worries, following weak manufacturing data from top consumer China. Partners Group slipped 6.6% to the bottom of the STOXX 600 after it missed earnings expectations in the first half of...