European markets set to open lower as US-China trade worries weigh

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Politics are also a central focus as voting in the EU elections begins and Brexit uncertainty continues to dampen investor sentiiment.

including Qualcomm, Intel and Micron Technology. Shares in Qualcomm were lower on the back of the news.

Elsewhere, MSCI's broadest Asia-Pacific index, excluding Japan, was trading in negative territory on Thursday, while Japan's Nikkei shed 0.7% and the Shanghai Composite fell 0.9%. Back in Europe, politics are a central focus as voting in the EU elections begins in the U.K. and the Netherlands. Brexit uncertainty also continues to weigh, with pressure mounting on British Prime Minister Theresa May to resign. Sterling slumped to $1.2640 on Thursday morning after May unveiled a "new" Brexit deal that is largely expected to be rejected by the U.K.'s Parliament.

 

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