European stocks to open lower as UAE OPEC exit complicates oil supply outlook
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LONDON — European stocks are expected to open broadly lower on Wednesday as investors await earnings reports and react to the United Arab Emirates' shock exit from the OPEC oil cartel. The U.K.'s FTSE 100 index is seen opening 0.15% lower, Germany's DAX flat, France's CAC 40 down 0.14% and Italy's FTSE MIB down 0.37%, according to data from IG. European bourses look set to follow their Asia-Pacific counterparts lower at the open, with global markets trading in negative territory after the
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