LONDON Feb 18 European shares retreated from
three-week highs in early trading on Tuesday, with investors
cautious ahead of economic data releases that could set the
market's near-term direction.
The ZEW economic think tank's poll of German economic
sentiment for February, due at 1000 GMT, is seen steady at 61.7,
while the forecast for current conditions is expected to rise to
44 from 41.2 in the previous month.
In the United Kingdom, investors will scrutinise inflation
numbers at 0930 GMT for signals about the Bank of England's
future interest rate moves. Inflation, based on the consumer
price index, is forecast to show a fall in January from a month
The FTSEurofirst 300 index of top European shares
was down 0.2 percent at 1,334.72 points by 0815 GMT after rising
0.4 percent to a three-week high in the previous session.