India, May 7 -- European shares traded lower on Wednesday as investors assessed a slew of earnings and awaited the Fed policy announcement later in the day for directional cues.
The downside, however, remained capped by upbeat German data and optimism surrounding upcoming U.S.-China trade talks.
Germany's factory orders grew more than expected in March on robust foreign and domestic demand, data from Destatis showed.
Factory orders advanced 3.6 percent month-on-month in March after remaining flat in February. Orders are forecast to grow 1.4 percent.
On a yearly basis, factory orders logged an expansion of 3.8 percent, in contrast to the 0.2 percent fall in February.
The pan European STOXX 600 slipped 0.3 percent to 534.70 after falling...