Stock exchanges in Europe were lower ahead of the trading session on Wednesday, with investors expecting the latest purchasing managers index reports from Germany, the Eurozone and the United Kingdom throughout the day. In addition, Germany will publish August trade statistics before markets open.

The DAX decreased by 0.38%, London's FTSE 100 lost 0.29% and the CAC 40 declined by 0.37% at 7:38 am CET.

The euro was 0.09% lower against the dollar at 7:44 am CET, trading at 0.99760. The British pound was down 0.30% compared to the American currency, going for 1.14409 a minute later.