Europe markets set for muted open as US-China trade talks dominate sentiment

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European stocks are expected to open lower on Monday amid ongoing focus on developments in U.S.-China trade talks.

Markets in the region are bucking the trend seen in the Asia trading session where stocks wereChinese Vice Premier Liu He had a phone call Saturday morning with U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer regarding a "phase-one" trade deal,The two sides had "constructive discussions" about "each other's core concerns" and agreed to remain in close contact. .

Meanwhile, the U.S. has called for restraint as unrest in Hong Kong continues. On Monday, Hong Kong policewhere hundreds of anti-government protesters were bunkered down with petrol bombs and other homemade weapons, Reuters reported. In the U.K., political leaders are preparing to pitch their election manifestos to business leaders gathered at the Confederation of British Industry conference in London. Prime Minister Boris Johnson will again pledge to end Brexit uncertainty that has blighted the country's business environment since the EU referendum in June 2016.

 

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