Investors have a new round of quarterly reports to consider, including reports from steelmaker SSAB, Scania owner Traton and construction group Peab.
Traton is down 1.8 percent and SSAB is down 1.7 percent. Peab is up 0.4 percent.
Wall Street closed higher on Tuesday. Technology stocks rose in Asia after chipmaker SK Hynix reported unexpectedly strong quarterly results and a huge dividend.
The price of North Sea oil (Brent) rose 1.4 percent to $115.25 per barrel after The Wall Street Journal reported that the Trump administration had warned several countries around the Persian Gulf to prepare for a new wave of attacks on Iran after the US midterm elections on November 3.
