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G20 SUMMIT LOOMS OVER EUROPEAN MARKETS (0644 GMT)
European stocks are expected to falter at the open, with the FTSE called down but the DAX and CAC 40 called slightly higher, as the crucial G20 Trump-Xi summit on trade looms.
"Saturday’s chat is hopefully a start and not an end," writes Chris Bailey, European strategist at Raymond James, in a morning note.
Asian shares wavered on Friday as investors were on edge before a crucial weekend meeting between the Chinese and U.S. presidents that could determine the course of a heated trade war over the next year.
The FTSE 100 is seen opening 3 points lower at 7,035, the DAX is expected to open 27 points higher at 11,325, and the CAC 40 is expected to open 14 points higher, according to spreadbetters CMC Markets (LSE: CMCX.L - news) .
(Reporting by Helen Reid, Danilo Masoni, Julien Ponthus)