India, Aug. 26 -- European shares traded lower on Tuesday, with Fed independence fears and French political risks keeping investors on edge.
U.S. President Donald Trump took the unprecedented action of removing Federal Reserve Governor Lisa Cook, raising concerns over the Federal Reserve's independence.
French bonds tumbled as Prime Minister Francois Bayrou called a confidence vote for Sept. 8 over his plans for sweeping budget cuts.
Officials from France's main opposition parties said they would not back the government, raising the risk of French political instability.
In economic releases, U.K. shop price inflation accelerated to the highest since early last year in August due to higher food prices, the British Retail Consortium repor...