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European shares gain on boost from oil, resources sectors
European shares opened higher on Wednesday, driven by gains in the oil and gas, and basic resources sectors. Investors are keenly awaiting U.S. inflation data for insights into the Federal Reserve's interest rate decision. The STOXX 600 index rose 0.3%, with Commerzbank surging after UniCredit's stake purchase and Rentokil falling due to job cuts and revenue slowdown.