European shares edge higher, focus on Fed decision
LONDON, Sept 15 (Reuters) - European shares edged higher in early trading on Tuesday, with investors waiting for the outcome of a crucial policy meeting of the U.S. Federal Reserve on interest rates.
A Fed announcement is scheduled for Thursday after a two-day meeting at which it will decide whether or not to make its first interest rate increase since 2006.
At 0710 GMT, the pan-European FTSEurofirst 300 index was up 0.3 percent at 1,398.06 points. The index ended 0.5 percent lower in the previous session.
E.ON and RWE both fell about 2 percent after Spiegel Online reported that German energy companies were short of as much as 30 billion euros ($34 billion) of the money they need to set aside to build a safe disposal site for nuclear waste as part of the country's exit from nuclear power. (Reporting by Atul Prakash; Editing by Sudip Kar-Gupta)
© Thomson Reuters 2017 All rights reserved.