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French stocks struggled for direction on Wednesday after European Central Bank Vice President Luis de Guindos said the euro zone is facing weak growth and a possible recession.

French stocks traded lower on Tuesday as investors awaited key U.S. inflation data this week for important clues on the Fed's rate trajectory. Also, the U.S.

European stocks fell on Monday, with increased geopolitical tensions and fading expectations of an early rate cut in the U.S. keeping investors worried. Israel struck Hamas and Hezbollah terror facilities in Khan Yunis and Lebanon in overnight strikes, the Israel Defense Forces said earlier today.

European stocks are likely to open on a sluggish note Monday as investors seek cues from the quarterly earnings season and key U.S. data due this week. U.S. inflation data will be in the spotlight this week, with the Labour Department scheduled to release separate reports on consumer and producer price inflation on Thursday and Friday, respectively.

European stocks fell on Friday and eyed their first weekly loss in eight as investors awaited euro area consumer and producer inflation reports as well as U.S. non-farm payrolls data later in the day for important clues as to whether the European Central Bank and the Federal Reserve would cut interest rates this year.