BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks are poised to open
higher on Wednesday after large tech stocks rebounded on Wall Street overnight.

That said, the upside may remain limited, and volatility cannot be ruled out due
to impending French and U.K. elections and the iconic U.S. Presidential debate
set to take place on Thursday.

The European economic calendar remains light, with Germany's GFK consumer survey
results for July and European consumer confidence data for June awaited later in
the day.

Across the Atlantic, investors eagerly await the release of May's personal
consumption expenditures price index, the U.S. Federal Reserve's preferred
inflation gauge, on Friday for more clarity about the outlook for Federal
Reserve's interest rates.

Analysts expect a slight decline in the annual rate at which prices are rising.

Asian markets traded mixed, with Japan's Nikkei surging over 1 percent to a
two-month high led by technology stocks.

The yen lurked just shy of 160 per dollar level in the wake of hawkish comments
from Federal Reserve officials.

Fed Governor Michelle Bowman has warned of upside risks to the inflation outlook
while her colleague Lisa Cook said it will be appropriate to reduce interest
rates 'at some point.'

Treasuries held steady after a $69 billion two-year U.S. sale got the expected
yield and good demand.

Gold edged down slightly while oil inched up despite industry data showing a
small build in U.S. crude inventories.

U.S. stocks closed mixed overnight as a measure of consumer confidence eased in
June on a weaker outlook for business conditions, the job market and incomes.

U.S. house prices rose less than expected in April after stagnating in the
previous month, while the Chicago Fed's measure of overall economic activity and
related inflationary pressure in the country rose in May for the first time in
three months, separate set of data revealed.

The Dow dipped 0.8 percent while the S&P 500 rose 0.4 percent and the tech-heavy
Nasdaq Composite rallied 1.3 percent to snap their three-day losing streak.

European stocks closed on a weak note Tuesday as jitters resurfaced over
impending French elections and Airbus's profit warning sparked a sell-off in the
aerospace-related sector.

The pan European STOXX 600 eased 0.2 percent. The German DAX dipped 0.8 percent,
France's CAC 40 shed 0.6 percent and the U.K.'s FTSE 100 gave up 0.4 percent.



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