European stocks are set to open slightly lower Monday morning, amid reports the U.S. is considering imposing investment curbs on China.
High-level trade officials from the U.S. and China are expected to hold a fresh round of talks early next month.
The world's two largest economies have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018, battering financial markets and souring business and consumer sentiment. Back in Europe, British Prime Minister Boris Johnson said Sunday that he would not step down even if he fails to secure a deal to leave the European Union. He also insisted that only his ruling Conservative government can deliverSterling traded at $1.2290 on Monday morning, not far from Friday's low of $1.2270 — its lowest value since early September. figures on Monday morning. Euro zone employment rate data for August will follow slightly later in the session.
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