European shares tick lower ahead of Fed meet and Scottish vote

viernes 12 de septiembre de 2014 10:31 GYT

* FTSEurofirst 300 falls 0.1 percent

* Latest Scotland poll shows "no" at 51 percent

* Aveva tumbles after warning about currency impact

By Atul Prakash

LONDON, Sept 12 (Reuters) - European equities edged lower in late trading on Friday, with investors refraining from making strong bets on stocks ahead of Scotland's referendum and the U.S. Federal Reserve's policy meeting next week.

At 1416 GMT, the FTSEurofirst 300 index of top European shares was down 0.1 percent at 1,382.66 points.

Investors were cautious amid speculation about the prospects for rising U.S. interest, ahead of the Fed's policy meeting next week. The market will focus on the central bank's words, seeking clues on the timing of the first U.S. rate hike in more than eight years.

Recent talk that the Fed might turn hawkish at its policy meeting next week, possibly by dropping its commitment to keeping interest rates low, has seen U.S. Treasury yields and the dollar steadily rise.

"In the short term, there is potential for a pullback as investors, who have been used to cheap cash and soothing words from central bankers, may have some uncomfortable side effects," said Henk Potts, director of global research at Barclays.   Continuación...