European Factors to Watch-Shares seen edging higher
(Updates futures prices, adds company news)
LONDON, June 3 (Reuters) - European shares headed for a slightly higher open on Wednesday after falling in the previous session, with investors focusing on Greece's debt talks and a policy meeting of the European Central Bank for hints about the market's near-term direction.
Greece's creditors on Tuesday drafted the broad lines of an agreement to put to the leftist government in Athens in a bid to conclude four months of acrimonious negotiations and release aid before the cash-strapped country runs out of money.
German bond yields rose on Wednesday, following their biggest daily rise seen for nearly three years, on the prospect of a deal to unlock Greek aid and after a surprise uptick in inflation.
The European Central Bank's policy meeting is also due later in the day. The central bank is widely expected to reaffirm its commitment to the trillion euro asset purchase programme.
At 0639 GMT, futures for the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE indexes were flat to 0.2 percent higher.
Investors will keep an eye on basic resources stocks after the HSBC/Markit Purchasing Managers' Index showed activity in China's services sector accelerated in May as new business rose at the fastest pace in three years.
The pan-European FTSEurofirst 300 index fell 0.9 percent in the previous session.