European stocks largely changed on Wednesday amid the US holiday.

Asian stocks traded mixed as trade concerns continued to hit ahead of the July 6 deadline for Trump's planning to impose tariffs on Chinese imports.

If the White House goes ahead with its plan to impose new tariffs, the Chinese government is expected to avenge itself on tariffs on US agricultural products and other commodities. The yuan rose against the dollar after verbal intervention by the People's Bank of China.

The European Union and Canada also have a tariff after the Trump administration imposed tariffs on imports of steel and aluminum.

Gold prices rose to a one week high as the dollar weakened as oil traded above $ 74 a barrel amid signs of tightening in the US market and continued disruption of crude supplies at Canada's Syncrode in Alberta.

Across the Atlantic, the Fed will release its meeting minutes in June on Thursday, while the Labor Department's monthly job report is due on Friday.

Overnight, US stocks fell amid weak technology stocks after a Chinese court temporarily banned micron technology chips.

The Dow Jones and the S&P 500 fell by about half a percent, while the Nasdaq, which dominates the technology, fell 0.9 percent.

European markets ended Tuesday's session with strong gains after German Chancellor Angela Merkel and her coalition partners reached a settlement agreement on immigration.

Stokes European Europe 600 index jumped 0.8 percent. Germany's DAX rose 0.9 percent, France's CAC 40 gained 0.8 percent and FTSE 100 in the United Kingdom rose 0.6 percent.